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Visit bashinnc's column >>

BASHINNC

Articles Posted: 3  Links Seeded: 0
Member Since: 10/2008  Last Seen: 5/09/2012

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Social Security - Where it Went - What You Get With Change!

Fri Aug 5, 2011 11:16 PM EDT
politics
By bashinnc
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Just in case some of you young whippersnappers (& some older ones) didn't know this.
It's easy to check out, if you don't believe it.

Be sure and show it to your family and friends. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts.

Social Security Cards up until the 1980s expressly stated the number and card were NOT to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message,  NOT FOR IDENTIFICATION, was removed.

An old Social Security card with the "NOT FOR IDENTIFICATION" message, is actually in my back pocket as I post this article.
 

Our Social Security
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program.
He promised:

1.) That participation in the Program would be
Completely voluntary,

No longer Voluntary

2.) That the participants would only have to pay
1% of the first $1,400 of their annual Incomes into the Program,

Now 7.65% on the first $90,000

3.) That the money the participants elected to put
into the Program would be deductible from their income for tax purposes each year,

No longer tax deductible

4.) That the money the participants put into the
independent 'Trust Fund' rather than into the
general operating fund, and therefore, would
only be used to fund the Social Security Retirement Program, and no other Government program, and,

Under Johnson the money was moved to
The General Fund and Spent

5.) That the annuity payments to the retirees would never be taxed as income.

Under Clinton & Gore
Up to 85% of your Social Security can be Taxed

Since, that time many 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 Political Party took Social Security from the independent 'Trust Fund' and put it into the
general fund so that Congress could spend it?

A: It was Lyndon Johnson and the democratically
controlled House and Senate.

------------ --------- --------- --------- --------- --------- --------- --

Q: Which Political Party eliminated the income tax
deduction for Social Security (FICA) withholding?

A: The Democratic Party.

------------ --------- --------- --------- --------- --------- ---------

Q: Which Political Party started taxing Social
Security annuities?

A: The Democratic Party, with Al Gore casting the
'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US

Thus another trick of numbers to make it seem like surplus was coming out of thin air - air that seniors breathed!
 
------------ --------- --------- --------- --------- --------- --------- -

Q: Which Political Party decided to start
giving annuity payments to immigrants?

AND MY FAVORITE:

A: That's right!

Jimmy Carter and the Democratic Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democratic Party gave these payments to them,
even though they never paid a dime into it!

------------ -- ------------ --------- ----- ------------ --------- -------

Then, after violating the original contract (FICA),
the Democrats turn around and tell you that the Republicans want to take your Social Security away! This is just a shortened
version of what happens when we try and socialize America.

Welcome comrades - join us in the demise of the greatest nation on earth! 

 

 

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  • Public Discussion (1)
grumpy_jon

You are right; I remember the old "Not for Identification" and complained also. However, while you also stated:

...it doesn't matter whether you are Democrat or Republican. Facts are Facts.

You seemed to have omitted certain facts.

Which party passed a bill (in 2000) that would give Social Security payments to everyone, even multi-millionaires?

That's right; the Republican controlled Congress and signed by Clinton.

Which party passed Medicare and turned it into law?

Democrats, under Johnson.

While party passed a massive prescription drug benefit bill for Medicare, without even hinting at how it would be paid, and then complained that Medicare was going broke?

Republicans, under Bush, Jr.

If you are going to make pretense at being fair and honest, you will have to do much better than what you have here.

  • 1 vote
Reply#1 - Sat Aug 6, 2011 1:31 AM EDT
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