Social Security…Accurate Except For The “Security” Part

Social SecuritySocial Security

I don’t know about you, but I’m anything but secure with my Social Security

I have posted before on the fact that Social Security takes in a hundred million more than it costs.  Had we had past congresses with fiscal responsibility rather than fiscal fudge on their faces we would have hundreds and hundreds of millions in excess in the Social Security accounts…which were, by the way, never a real “trust.”  And those accounts were robbed from time and time again by congress to pay for whatever boondoggle was in favor with them at the time.  Robbed with total disregard for the hard working folks who paid into the program all their lives.  And as government invariably does, they chipped away af the program until it was the mess it is today.

History Lesson On 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!

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 was removed.    

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.  It’s
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 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 payments to the retirees would never  be taxed as

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

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  the
’tie-breaking’  deciding vote  as President of  the
Senate, while he was Vice President  of the U.S.

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!

Social Security, accurate except for the “security” part.

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