Want to know who took your social security. Look here, read this, then next time you

WE4

TBcom Admin /Prayers NYFD/NYPD
Joined
May 24, 2001
Vote think about this....

Kind of an interesting perspective ...

Subject: 2004 issue
Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then finding that we are getting taxed on 85% of the money we paid to the federal government to "put away," you may be interested in the following: Q: Which party took Social Security from an independent fund and put it in the general fund so that Congress could spend it?
A: It was Lyndon Johnson and the Democratic-controlled House and Senate.

Q: Which party put a tax on Social Security?
A: The Democratic party.

Q: Which party increased the tax on Social Security?
A: The Democratic Party with Al Gore casting the deciding vote.

Q: Which party decided to give money to immigrants?
A: That's right, immigrants moved into this country and at 65 got SSI Social Security. The Democratic Party gave that to them although they never paid a dime into it.

Then, after doing all this, the Democrats turn around and tell you the Republicans want to take your Social Security.

And the worst part about it is, people believe it!

Pass it on please!

2004 Election Issue
This must be an issue in "04". Please! Keep it going.

SOCIAL SECURITY:
(This is worth the read. It's short and to the point.)

Perhaps we are asking the wrong questions during election
years. Our Senators and Congress men & women do not pay into Social Security and, of course, they do not collect from it.


You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan.

In more recent years, no congressperson has felt the need to change it. After all, it is a great plan.

For all practical purposes their plan works like this:
When they retire, they continue to draw the same pay until they die, except it may increase from time to time for cost of living adjustments.

For example, former Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275,000.00 during the last years of their lives.
This is calculated on an average life span for each.

Their cost for this excellent plan is $00.00. Nada.
Zilch.
This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds-our tax dollars at work!

From our own Social Security Plan, which you and I pay (or have paid) into-every payday until we retire (which amount is matched by our employer) --we can expect to get an average $1,000 per month after retirement. Or, in other words, we would have to collect our average of $1,000. monthly benefits for 68 years and one (1) month to equal
Senator Bill Bradley's benefits!

Social Security could be very good if only one small change were made.

That change would be to jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us ... then sit back and watch how fast they would fix it.

If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve.
 
I couldn't agree more. Democrats have screwed up SS bigtime. I've already planned that I will never collect a dime from SS. I've paid in 15 years, I'd like to opt out, let them keep what I've built up, but STOP taking my hard earned cash and giving it to immigrants.

The democrats are just catering to the only group they can still draw in - those who can't think for themselves.
 
Stuff like this really gets me going.I own a small buisness,and paying taxes SUCKS.We work our butts off everyday and these politicians get richer every day.Then they let these people into our country,give them everything and they dont pay taxes for 7 years:mad: .Stop to think about every gallon of gasoline in this country is sold...Where is all that tax money????

Enough for now,I`m getting mad

Keith
 
Bruce,

You may have taken a little while to get me my 9x11 converter, but i love your politics! As long as they have the liberal media on their side, Republicans will always be the bad guys. Sigh...

Oh well,

got the tranny and converter in and goin, but havn't taken the car down to run it yet (ran outta time last weekend). Thanks alot for getting it to me, you are a super guy to trade with.

John Cangelosi
 
Yes, social security stinks. Every dime goes straight to the general fund. Just think of all the interest that would have accumulated on that money if they would have kept it separate.
It is sad, but reality is that our present government system will never be satisfied with how much taxes they collect. They want more, and more, and more............ It is a never ending cycle of americans being robbed at gun point by our government so they can buy votes with the money to keep their sorry selves in office. If you do not believe they rob you at gun point, quit paying your taxes and you will be visited by uncle sam with the police by his side, with guns!
 
Congress

As I have said many times before, people in Congress are the lowest form of life on the planet. I work in DC and see it everyday. They are quick to preach/control other peoples' lives but if they don't like something they exempt themselves. These people are closely followed by the party that controlled Congress for over 40 years. These tax and spend scum bags do everything possible to get into your pockets to get $$ to give away to people who don't deserve a nickle. I'm sick to death of it all, but I fight them every step of the way. The only thing the people in Congress care about is getting re-elected. Some of these people never surface until 3 months before the election and then get re-elected and hibernate for another 5 1/2 years. Don't get me stared on the other things wrong with this system....Roger
 
In case you have not read the link that TurboBurge posted, here is the meat of it:

"Origins: This piece has been circulating on the Internet since April 2000. So much of it is outdated, inaccurate, or misleading, it's difficult to know where to begin.

It is not true that Congressmen do not pay into the Social Security fund. They pay into the fund just as everyone else does.

It was true prior to 1984 that Congressmen did not pay into the Social Security fund because they participated in a separate program for civil servants (the Civil Service Retirement System, or CSRS), but that program was closed to government employees hired after 1983:

In 1983, P.L. [Public Law] 98-21 required Social Security coverage for federal civilian employees first hired after 1983 and closed the CSRS [Civil Service Retirement System] to new federal employees and Members of Congress. All incumbent Members of Congress were required to be covered by Social Security, regardless of when they entered Congress. Members who had participated in CSRS before 1984 could elect to stay in that plan in addition to being covered by Social Security or elect coverage under an 'offset plan' that integrates CSRS and Social Security. Under the CSRS Offset Plan, an individual's contributions to CSRS and their pension benefits from that plan are reduced ('offset') by the amount of their contributions to, and benefits from, Social Security."

It is not true that Congressmen "continue to draw their same pay, until they die." The size of their pensions is determined by a number of factors (primarily length of service, but also when they joined Congress, their age at retirement, their salary, and the pension option they chose when they enrolled) and by law cannot exceed 80% of their salary at the time of their retirement.

The figures given as an example for Senator Bradley ($7,900,000 over the course of his and his wife's lifetime, culminating in a top payout of $275,000) are simply outrageous amounts with no basis in reality. There is no conceivable way Senator Bradley could draw anywhere near that amount of money though his pension plan.

It is not true that Congressmen "paid nothing in on any kind of retirement," and that their pension money "comes right out of the General Fund." Whether members of Congress participate in the older Civil Service Retirement System or the newer Federal Employees' Retirement System (FERS), their pensions are funded through a combination of general tax provisions and contributions from the participants. Right now, members of Congress in the FERS plan must pay 1.3% of their salary to FERS and 6.2% in Social Security taxes.

As of 1998, the average annuity for retired members of Congress was $50,616 for those who retired under CSRS and $46,908 for those who retired under FERS. Not bad, but not the highway robbery this piece makes it out to be."

Now the question is, which statement is true?
 
Not in Ca...

They do not pay a blasted dime in California.
So I would say the first one.:)

Bruce
WE4
 
Bruce,

Here is what the Public Law says:
SUMMARY AS OF:
(REVISED AS OF 03/24/83 -- Conference report filed in House, H. Rept. 98-47)

Social Security Amendments of 1983 - Title I: Provisions Affecting the Financing of the Social Security System - Part A: Coverage - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act and the Internal Revenue Code to provide mandatory coverage under the Old Age, Survivors and Disability Insurance program as of January 1, 1984, for: (1) all Federal employees hired on or after January 1, 1984; (2) the President; (3) the Vice President; (4) all elected officials and political appointees; (5) judges; (6) Members of Congress; and (7) all legislative branch employees who are not participating in the Civil Service Retirement System as of December 31, 1983.

Do you know for CERTAIN that your representatives do not pay Social Security or is this what you heard? Please provide a reference/source that says they do not pay, if that is the case.

I am not trying to be smart with this topic, but I too just want to know what the truth is. I provided a reference that says they do not pay and if you have a reference that says they do pay, I would very much like to read it. Thanks.
 
This is a prime example of how the people are not in control of the government.


We're getting bent.
 
THE SECOND ONE IS TRUE.

Bruce,
You will find more then a few republican names on those bills also cause they would not have passed with out them.Remember George Bush saying NO NEW TAXES YET HE RAISED THEM ANYWAY.the repub. get the same perks as the dems. do yet you don't see them giving them up why cause like the dems. their all politicians with their own interests at heart. They will kiss our babies and our asses to get your vote and anybody who does'nt believe that must think wrestling is real.The repub. are not Gods gift to man nor are the dems devils their all just POLITICIANS.
Carl Ciaffone
 
Re: THE SECOND ONE IS TRUE.

Originally posted by Carl Ciaffone
Bruce,
Remember George Bush saying NO NEW TAXES YET HE RAISED THEM ANYWAY..
Carl Ciaffone

Fraid not.

If you'd read the Constitution you'd find that all money bills MUST be introduced by the House of Representatives.

*************

Article 1, Section 7

All bills for raising revenue shall originate in the House of Representatives; but the Senate may propose or concur with amendments as on other Bills.

**************

Bush didn't have the authority to raise taxes. But I'll give you one guess as to which party was in control of the house and WAS the party who raised taxes during Bush's presidency. The years were 1989 to 1993 and for all these years the house was controlled by..........

DEMOCRATS.
 
If Bush did not agree for the tax increase, why didn't he just veto them?? OH yeah, porbably just like Regan, although he "always wanted a balanced budget" - none of his budgets that he submitted to Congress were ever in balance.

Dem / Rep - not much difference - tax & spend VS borrow and spend - neither is good!! No one ever wants to cut.

Just my 2 cents.
 
It was not the house of representatives that said no new taxes and like CPAKCP said he did not veto it but thats old news.
CC:)
 
I will get p[roof and respond when I can. Last thing on my mind right now ;)
 
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