How did the good people of America get duped into thinking that Social Security is an entitlement program?
The government ‘takes’ our money with a promise to give it back in our old age and then spends it on whatever they want to and acts like it’s money that really doesn’t belong to us but is a generous gift from the benevolent government. It’s absolutely ludicrous!
It’s my money and I need it now!
Someone sent this email message to me so I thought I’d pass it on.
Subject: Social Security
Remember, not only did you ‘contribute’ to Social Security but your employer did too.
It totaled 15% of your income before taxes.
If you averaged only 30K over your working life, that’s
close to $220,500.
If you calculate the future value of $4,500 per year
(yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working you’d have $892,919.98.
If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit!
If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month.
The folks in Washington have pulled off a bigger Ponzi
scheme than Bernie Madoff ever had.
I didn't try to clean up the language in
this message. It makes a better impact as it is.
Entitlement my ass , I paid cash for my
social security insurance!!!! Just because they borrowed the money , doesn't make my benefits some kind of charity or handout !! Congressional benefits, aka. free healthcare , outrageous retirement packages, 67 paid holidays, three weeks paid vacation , unlimited paid sick days, now that's welfare, and they have the nerve to call my retirement entitlements!!!!!!
What the HELL's wrong??? WAKE UP AMERICA!!!!
Tuesday's Daily Bulletin paper, ran two
articles on the front page side by side :
1- California's 20 Billion Dollar Budget Deficit
2- The California Supreme Court ruling that
ILLEGALS can attend college and get benefits.
Why don't they just deport them when they
arrive to register?
3- Last year they ran an article on the
yearly costs to California Taxpayers from Illegals using Hospital Emergency Rooms for their general health care -
At just one hospital the cost to tax payers
totaled over $25 million a year
Someone please tell me what the HELL's wrong with all the people that run this country!!!!!!
We're "broke" & can't help our own Seniors,
Veterans, Orphans, Homeless etc.,???????????
In the last months we have provided aid to
Haiti , Chile , and Turkey . And now Pakistan ......home of bin Laden.
Literally, BILLIONS of DOLLARS!!!
Our retired seniors living on a 'fixed
income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries!
They call Social Security and Medicare an
entitlement even though most of us have been paying for it all our working lives and now when its time for us to collect, the government is running out of money. Why did the government borrow from it in the first place?
We have hundreds of adoptable children who
are shoved aside to make room for the adoption of foreign orphans.
AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without 'needed' meds, and mentally ill without treatment –etc., etc.
They have a 'Benefit' for the people of
Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies.
Imagine if the *GOVERNMENT* gave 'US' the
same support they give to other countries.
Sad isn't it?