THE SAPIENT SPARROW: conservatism for commoners

"What has always made the State a hell on earth has been precisely that man has tried to make it his heaven."–Holderlin

SOCIAL (IN)SECURITY

A good friend of mine passed along the following to me.  I thought that it was worth sharing with all you sparrows, oldsters and youngsters alike.  Take a bit of time to digest each tidbit, then think about the promises that have been made concerning the current “Healthcare Reform” by Mr. Obama and the Congressional Democrats.  How well do we think that the Democrats will fulfill these promises as compared to the ones they made about Social Security back in the day?  My guess?  In exactly the same way, which is to say, not at all.

In my experience, the real outcome of  Democrat plans are always the opposite of what they say.  Obviously, Social Security really does not “secure” future generations.  Likewise, the War on Poverty did not eliminate impoverishment .  Neither does Welfare produce people who “fare well”.  Therefore, I expect that should “Healthcare Reform” be passed by Congressional Democrats, we will soon be able to refer to it as “sick disregard”.

Here is what my friend sent–read on…

Your Social Security

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 kids. They need a little history lesson on what’s what and it doesn’t matter whether you are Democrat or Republican. Facts are Facts!!!

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

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

(It is 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.

(It is now 7.65% , on the first what?  $60,000?)**

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

( It is no longer tax deductible.)

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

(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.)

**(NOTE: for 2010 FICA is 7.65% up to $106,800 and 1.45% thereafter.)

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.

———— ——— ——— ——— ——— ——— ——— –
AND MY FAVORITE:
Q: Which Political Party decided to start
giving annuity payments to immigrants?

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 that uninformed citizens believe it!

If enough people read this, maybe a seed of
awareness will be planted and maybe changes will
evolve. Maybe not;  some Democrats are awfully
sure of what isn’t so.

AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!

A government big enough to give you everything you want, is strong enough to take everything you have.
-Thomas Jefferson

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Filed under: congress, LEGISLATION, U.S. GOVERNMENT, , , , ,

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