31. SOCIAL SECURITY: Want a 25% raise? Read on. Being retired myself; I’m
really hot about this. First of all, when Social Security started it was
praised as a retirement “supplement”, viewed by the citizens as an “INSURANCE”
policy. You paid in to this fund, which was then set up in a reserve
fund that would be paid out to survivors.
Congress now
tells retirees, “You have “NO” Entitlement to Social
Security payments”.
When half of the
nation is out of work, and not paying in to the trust account, no more Social
Security checks for us. Maybe they will pay us in Yen, (or wooden nickels, or
what ever United Nations currency is popular at the moment, or just inform us
that plan has ceased to be, now that we are just part of the United Nations.
When
Social Security Insurance started in 1937 we were told, “You “WILL” “by law” be
required to
“pay”
in to this program, and this would give you a retirement income when you
reached retirement age”.
NOW that
Congress has spent “all of our contributions” in
the Social Security Trust Fund. They have taken over $650 Billion from that Trust Fund, and used that to balance the Federal Budget a long time back, so other
Presidents can claim they have balanced the budget.
They have not;
they have destroyed the right of retiree’s to get cost of living raises to
allow an equitable quality of living.
They took this
from US by force, they now tell US, “GET LOST”.
Of
course they will find money to give “Illegal Aliens” Social Security.
(This
won’t effect Congress’ retirement, “of course)
Now how do you continue to
pay Social Security to retirees? How can you pay retirees when more and more of
the Americans are under-employed, paying less and less in to Social Security?
If you have more and more Americans unemployed, there is less money being
deposited to pay retirees.
WOW, I can’t believe it: We
got a 5.5% raise in 2009, oh my God, what will I ever do with that much money?
Oh! But Medicare will probably go up too, so I may actually get a $91/a month
raise. Sorry but groceries have gone up more because of the increase in the
cost of delivery and dairy products up at least 40% this year, and gasoline is
down to $1.89 in December 08, but it’s up to $3.09 gal in April 2010. Oh by the
way our Congresspersons
got a $6500/year
raise. I know they really, really need that much; after all, they have a lot of
people to pay for favors. Graft is expensive.
If you’re not paying attention right
now, The “New World Order” will tell you, Social
Security was from the previous administration, and is not part of the “New World Order”. Checks will just stop coming. It
will be like your employer is now bankrupt, so “no more
Social Security checks”.
Our politicians
have already spent all that money, it’s gone. I guess we will have to rob
banks, like they have robbed us.
However the government later informed all of us that we actually
have no rights, no entitlement under this program, no vested interest in
our deposits that the government forced us pay, (whether we wanted to, or not,
Why?). Now the government claims Baby Boomers are soon to retire, and where
will that money come from? If we don’t keep Illegal Aliens in the nation who
mostly do not pay in to Social Security, that there won’t be any money to pay
the retired Baby Boomers.
Our Baby Boomers have been
paying in to Social Security since day one, where is that money they invested
for their retirement? Gone, spent by Congress all these years, not saved for
your retirement, but spent, gone, gone, gone. Screw Congress, let’s cut
their pay at least 50% (We pay them $14,666 month). I’m going to put Congress, the
Senate and the Executive office on an economy kick. We have a budget we have to
live on, now they are going to have a budget. Gasoline? I want our elected
politicians to get an idea what we are experiencing financially; they can pay
for their own gasoline.
So you are 35-45, 45-55,
55-62, planning on retiring someday on the Social Security that is being
deducted from your pay every payday? Dream on, if you don’t make changes right
now, because all that Social Security money you paid in, has been spent in the
General Budget.
They tell us our money was
in “T Bills” as security for our Social Security plan, “T Bills”
good for use in the bathroom. Then be sure to flush afterwards to avoid the
smell. You have been screwed, blued and tattooed, money gone, you might as well
have gone to Las Vegas and gambled it away because Congress has spent it: GONE.
We must make some changes in Social Security. The government has
borrowed (stolen) our forced contributions the last 30 years, and giving
us the story that the money is in “T
Bills, so called “really safe”.
Well “That” money, in “IOU’s” has already been spent.
Try spending those IOU’s at
the store. “Laugh heartily here”.
Over the years the maximum income that we had to pay into SS,
each year, increased, and increased. As this amount increased, these higher
income retiree’s will be notified that now they will have too much money when
they retire, and won’t really need the SS retirement income. SS is/was viewed
as an investment, not welfare.
Now Congress tells us WE will have to meet a “Means Test”,
as they increased the amount of your income on which you paid SS taxes, that
includes more, and more, higher income retirees that will be denied any retirement payments. This is called
“Redistribution of the wealth”
One Democratic presidential
candidate ((Dartmouth College Sept 2007 meeting) suggested that now we’ve only
taxed income up to about $92,000, and he says that all income above that amount
should also be taxed. Yet Congress is insisting that right now in 2006, that if
you make in excess of a certain amount, you will have to pay more for your Part
B coverage, and of course soon it will include more on every aspect of your SS
coverage. Congress does not pay into SS. They are exempt; you pay their
retirement, at full pay. Isn’t that better than SS?
So if you have worked hard,
and been successful, taken risks to earn more, the government has taken more
SS “contributions” involuntarily from you, this same government
will take more of your money to give to those more needy, who did not bother to
earn more in life.
It used to be that by May, I
had paid in the maximum Social Security payment for the year, as I was retiring
in 1992 I had been paying SS out of every paycheck up to Dec 31st
each year. That money now gone, thanks to Congress.
When I retired at age 66 my SS payout equaled about 25% of what
my pay had been while working that last 3 years. That is not a financial windfall,
that is only a “supplement”, not a living wage for retirement. This is exactly
what was promised, so I was not complaining. Now inflation has eroded my
purchasing power by at least 50 %, as I got older. I really should have
received at least 50% of my annual income upon retirement, and at least a 5%
increase each year to cover inflation.
The first year I’m in office
I will demand every retiree on SS will get a 25% increase, to make up for the
inflation we have already suffered as a loss. After that “I” will determine
what inflation is for each year.
“Congress, pay attention”,
you are soon to retire on Social Security, not your full pay, as you set for
yourselves. This 1.5 to 2.5% increase every year is a slap in the face of
reality. Enough of this crap; lets have real inflation increases, at least
5%/yr!
If you have income from
other investments, or find you still have to work to afford to live, above a
certain amount the government wants to tax your SS income that you have already
paid taxes on all these years, that’s Wrong. Either that, or don’t tax
our Social Security, contributions when we earn them.
If NO income taxes were
collected on any Social Security contributions as you are earning an income, then
I’d agree that you pay income taxes on retirement income, which is usually at a
much lower income level and tax rate.
Clinton decided we needed to
pay taxes on our Social Security, I will recall that tax.
How many die before retirement, and never get any return
for their contributions?
Fifty percent of the
population dies before retirement at 62, 70% before age 65.
Many retirees’ live in
poverty.
If we earn any money from
age 65 to 71 they take some of our SS payments back from us. 33% tax.
How dare you earn more money
at that age to live above the “poverty level”
Our government (Congress)
wants to make sure “you” don’t live “too well”, like they do.
So how is the government going to get the money to repay these
loans to Social Security? Simple, they will take “OUR” money from “US” to
get the money they need to repay “US”,
“OUR” money they have spent, with a
small processing fee of 50% of course to support the government. (Politician’s
payroll).
Out of one pocket, in to the other pocket. Of course they won’t
get this money easily, since our taxes are already confiscating way too much of
our money. So eventually Congress, or the United Nations leaders will tell us
We “Retiree’s” are the cause of the financial problems of the government, and
will reduce, or cancel Social Security for future retiree’s. Congress already
shows that social programs (including Social Security in that cost) take so
much of our federal expense that they have to stop the payouts.
That does not mean they will
stop taking 7.5% (FICA) of your income out of your check each pay period,
because they really still need that money. They will just stop putting that
towards Social Security retirement. They will probably rename this deduction to
some other social sounding name. Like “support” for Congress.
If I’m elected I’ll do my best to retire Congress, and the
Senate only on Social Security, then watch how quickly they fix Social
Security.
Younger
Americans take notice: By the time the average, now 25 year old worker retires,
the retirement age will be 80, “if” you live that long. When you get to 65,
retirement age will be 66, when you get to age 66, retirement age will be 67
and so on, until your 80. HA.
I will take all Social Security contributions, place them in a secure
account that will be used only to finance First Mortgages on private homes, at
the level of the average home price in their community, not to exceed 6%
interest, to aid Americans to afford home ownership.
I will recover all the so-called “T” bill moneys stolen in the
past, and return that money to this account, with income taxes I want from
Europe and Japan that we spent to restore those nations after 1948. Note, the European Union has no idea it
should repay us, big surprises coming to them
President Bush now wants to
change Social Security so they never have to repay those “T” Bills back to
Social Security. While our government has spent all that money, on favors to
“buddies”. Today’s Presidential candidates, Republican or Democrat all claim,
we have to do something about Social Security before all the Baby Boomers start
to collect retirement. But they don’t plan to do anything other than refuse to
give you what they promised, close the Social Security offices, and tell you to
go home, sorry.
Actuarial tables list 50% of men are dead before age 48. What
percentage of women also die before retirement age? That cuts way down on those
who actually get retirement pay.
Notice how more, and more businesses demand
that you give them your Social Security number for almost everything anymore,
so your government can add that to your file on your life, and even more
detailed records for government control in the future. What does your phone bill have to do with
Social Security, yet the phone company demands you give them your SS number, or
no phone service, or no Drivers
License HMMMM. What Social
Security Numbers do the Illegals give them? “Your Social Security
Numbers, of course” Go back to the beginning of this website and
look at Video # 1 again. View about the
end of the video about RFID chips they may insert into our money or other
coding that our government may use to track all financial transactions you
make.
Read on:
Social Security is really
three parts,
#1. Paying support to the
surviving children of a parent who is covered by Social Security, and dies
before the children are 18 years old.
#2. Supporting those on
disability before the age of retirement. How does President Bush’s plan cover
that? It doesn’t.
#3. The normal SS retirement
after age 62. The President doesn’t
retire on Social Security. At the present time, Presidents retire on
$400,000/year, ($33.333/Mo) paid for by US. Let’s retire the Presidents on Social
Security. If “I” decide they really need the money.
How would have President Bush’s idea of you gambling
on the stock market support the numbers 1, and 2 functions, in his program?
See
http://www.bushwatch.com/socialsecurity.htm
http://www.bushwatch.com/socialsecurityqa.htm