Login    Forum    Search    FAQ

Board index » Racing Forum » Ken0069's Blog




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post subject: SOCIAL SECURITY FACTS!
 Post Posted: Sat Apr 06, 2013 10:06 am 
Offline
Site Admin
User avatar

Joined: Tue Apr 18, 2006 6:38 am
Posts: 11804
Location: Coming At Ya!
History Lesson on Your Social Security Card


Just in case some of you young whippersnappers (and 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.

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 in went to 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 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 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 U.S.

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

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!

And the worst part about it is uninformed citizens believe it!


Top 
 Profile  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic  [ 1 post ] 

Board index » Racing Forum » Ken0069's Blog


Who is online

Users browsing this forum: No registered users and 2 guests

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to: