I’ve kind of always known that I will never receive a social security check from the government, and my parents, who are within a decade or so of retiring, have extreme doubt about even their generation receiving it. Being that I am for limited government, I would rather trust my own investing because at least I could control my money and know where it was going and have social security be voluntary. Of course, in the U.S., that really is no longer the case. Even though I was under the age of majority when I started the job I have, the government was already taking for social security from my cold hard cash! I knew that our government was mismanaging our funds, so I will be making sure I do investing so that I have a dependable source of retirement when I become old…and hope that soon, the rules for social security will be changed.
Anyways, a friend of my dad’s sent this out. It has interesting information about the original and current status of social security. Enjoy, and please pass on!
Your SS Card – did you know?
History Lesson on Your Social Security Card
Just in case some of you you 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.
Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:
1.) That participation in the Program would be
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,
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 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
A: The Democratic Party, with Al Gore casting
‘tie-breaking’ deciding vote as President of the
Senate, while he was Vice President of the US
———— ——— ——— ——— ——— ——— ——— –
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!
If enough people receive this, maybe a seed of
awareness will be planted and maybe changes will
But it’s worth a try.
How many people can YOU send this to?
Actions speak louder than bumper stickers
PLEASE DO KEEP THIS ONE ROLLING ACROSS THE COUNTRY.