On Social Security

Discussion in 'Political Discussions' started by wedgar, Sep 4, 2015.

  1. wedgar

    wedgar Administrator Staff Member Gold Member

    Who died before they collected Social Security?

    Also, consider the wives taking their husbands SS instead of their own...where did her's go ?


    KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT...

    THIS IS SURE SOMETHING TO THINK ABOUT!!!!

    THE ONLY THING WRONG WITH THE GOVERNMENT'S
    CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT
    TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED
    A SOCIAL SECURITY CHECK!!!


    WHERE DID THAT MONEY GO?



    Remember, not only did you and I contribute to Social Security but your employer
    did, too. It totaled 15% of your income before taxes.

    If you averaged only $30K over your working life, that's close to $220,500.
    Read that again.

    Did you see where the Government paid in one single penny?
    We are talking about the money you and your employer put in a
    Government bank to insure you and me that we would have a
    retirement check from the money we put in, not the
    Government.

    Now they are calling the money we put in an entitlement when we reach
    the age to take it back. If you calculate the future invested value of $4,500 per year
    (yours & your employer's contribution) at a simple 5% interest (less than what the

    Government pays on the money that it borrows).

    After 49 years of working you'd have $892,919.98. If you took out
    only 3% per year, you'd receive $26,787.60 per year and
    it would last better than 30 years (until you're 95 if
    you retire at age 65) and that's with no interest paid
    on that final amount on deposit! If you
    bought an annuity and it paid 4% per year, you'd have a
    lifetime income of $2,976.40 per month.
    THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME
    THAN BERNIE MADOFF EVER DID.

    Entitlement my foot; I paid cash for my social security insurance!
    Just because they borrowed the money for other government
    spending, doesn't make my benefits some kind of charity or handout!!

    Remember the benefits for members of Congress?
    + free healthcare,
    + outrageous retirement packages,
    + 67 paid holidays,
    + three weeks paid vacation,
    + unlimited paid sick days.

    Now that's welfare, and they have the nerve to call my
    social security retirement payments entitlements?

    They call Social Security and Medicare an entitlement even though most
    of us have been paying for it all our working lives, and
    now, when it's time for us to collect, the government is
    running out of money.

    Why did the government borrow from it in the first place? It
    was supposed to be in a locked box, not part of the general
    fund.
    Sad isn't it?

    99% of people won't have the guts to forward this.

    I'm in the 1%
    I JUST DID!
     

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