Sunday, April 3, 2011

SOCIAL SECURITY HISTORY LESSON

THE ONLY WAY THIS GOVERNMENT(ADMIN/CONGRESS) IS GOING TO ACT TO STOP THIS ABUSIVE CORRUPTION OF OUR SOCIAL SECURITY FUNDS IS FOR CITIZENS TO CONFRONT THEM WITH THE "FACTS" ..TO MY KNOWLEDGE,"THESE" ARE THE FACTS OF HOW THIS "BULGING" ENTITLEMENT GOT THE WAY IT IS.. JNH

PLEASE FEEL FREE TO QUOTE ME.

History Lesson : Your Social Security Card



Just in case some of you young whippersnappers & some older ones didn't know this. 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.






An old Social Security card with the "NOT FOR IDENTIFICATION" message.



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 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. Welcome to 2010.



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



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 US



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



Q: Which Political Party decided to start

giving annuity payments to immigrants?

A: 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!

ghengisjohn

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