Congressmen are playing fast and loose with vernacular.
What motive did they have for changing the name of our Social Security?
I'm sure they have a plan, and it won't be to our betterment.
Here we go.
JUST REALIZED THAT WITH REQUIRED AUTO DEPOSIT, YOU NEVER GET TO SEE THE CHECK....ALERT EVERYONE YOU KNOW. THIS AFFECTS ALL OF US. SOCIAL SECURITY becomes FEDERAL BENEFIT CHECK Have you noticed, the Social Security check is now (or soon will be) referred to as a *"Federal Benefit Payment*"?
I'll be part of the one percent to forward this. I am forwarding it
because it touches a nerve in me, and I hope it will in you.
Please keep passing it on until everyone in our country has read it.
The government is now referring to our Social Security checks as a *"Federal Benefit Payment ". *This isn't a benefit. It is our money paid out of our earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes .
If you averaged $30K per year over your working life, that's close to
$180,000 Invested in Social Security.
If you calculate the future value of your monthly investment in social
security( $375/month, including both you and your employers contributions) at a meager 1% Interest rate compounded monthly, after 40 years of working you'd have more than $1.3+ million dollars saved!
This is your personal investment. Upon retirement, if you took out
only 3% per year, you'd receive $39,318 per year, or $3,277 per month.
That's almost three times more than today's average Social Security benefit of $1,230 per month, according to the Social Security Administration. (Google it – it’s a fact).
And your retirement fund would last more than 33 years (until you're 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government hadjust invested our money in low-risk interest-earning accounts.
Instead, the folks in Washington pulled off a bigger *Ponzi scheme* than Bernie Madoff ever did.
They took our money and used it elsewhere. They forgot (oh yes, they knew) that it was OUR money they were taking. They didn't have a referendum to ask us if we wanted to lend the money to them. And they didn't pay interest on the debt they assumed. And recently they've told us that themoney won't support us for very much longer. (Isn't it funny that they NEVER say this about welfare payments?)
But is it our fault they misused our investments? And now, to add insult to injury, they're calling it a *benefit*, as if we never worked to earn every penny of it.
Just because they borrowed the money doesn't mean that our investments were a charity!
Let's take a stand. We have earned our right to Social Security
and Medicare. Demand that our legislators bring some sense into ourgovernment.
Find a way to keep Social Security and Medicare going for the
sake of that 92% of our population who need it.
*Then call it what it is: *Our Earned Retirement Income*.
when are you people going to wake up we are in the mist of being transformed into a new world order. The United States of America will not be able to exist any longer!! you better be prepared the signs are everywhere biblically, Masonicly, fiscally, legislatively, judiciously, ideology, religioulsy all the pieces of the puzzle are in place. Just have a bunch of old farts around that need to go..45 or older we are doomed.
ReplyDeleteIt would be perfectly solvent if they would just raise the max threshold for withholding. Even billionaires only pay on the first $118,500.
ReplyDelete"... Even billionaires only pay on the first $118,500."
ReplyDeleteThe old liberal playbook again. So you're proposing to tax everything over $118,500 but not increase benefits to those people commensurately? Then you are admitting that Social Security is really welfare, not the retirement plan that the government claims. Of course, that probably goes over your head.
I donated enough and get #1240 a month but you want to raise the minimum wage to #15 for a living wage. Should I not get a living wage from my own donated money? Politians just want more in SSI so they have more to spend. There should be no first #100,000. They should have to pay on all their income and all Politians, including the President, should be mandated to participate and contribute.
ReplyDeleteThe United States of America does NOT exist. It hasn't existed since around 1861, and neither does the SCOTUS. The SCOTUS was abolished in the 1800's ( I forget the year right now) and years later it was reestablished. The govt of the United States is a for-profit corporation. We have no rights. We are owned by it and therefore slaves. And we did it to ourselves. It's not their fault, it is ours. We CONSENTED to this form of government.
ReplyDeleteWhat does the constitution say? that to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed.
We used to have the right to vote. Then it changed to having to REGISTER to vote. Now it is a privilege. Same with driver licenses. Unless you drive commercially you don't need a license. They want you to think it is a privilege so they can take it away from you. They can't take away rights.
The same with our money. It has no value. We put value into it. If we walked away from it, those bankers couldn't buy food for their table.
Everybody wanted the treats from this government but they didn't see the tricks. Everyone has done it unknowingly. If they knew the truth they wouldn't have agreed to it.
We have been hoodwinked, bamboozled and lied to from the beginning.
The ten square miles of D.C. is a war machine. It's a business. Our birth certificates are traded on the stock market. We are a product, a commodity. We are indebted to them in every way. The public debt is ours. Why do you think they don't care about it or raising it. They don't have to pay for it, we do.
I could go on and on but I know Joe won't post that much and most will not read that much at one time.
If someone tried to rob you for $1.3 million, you would kill them.
ReplyDeleteTHEY steal from you and you do what??
Re-elect them.
ALL of THEIR assets should be confiscated and THEN, march them out in the street and hang them. Every one.
They have forced us to pay (with the threat of prison) into a retirement fund and then TOOK THAT CASH, replaced it with worthless bonds, and now admit that they don't have enough money and "we, the people" will need to make some "sacrifices". THEY should be the first sacrifice --- on a fire pit or at the end of a rope.
They have turned the retirement years of MILLIONS of Americans into a struggle for food, housing, and medical care.
Of course THEY won't be doing ANY "suffering" or "sacrificing" at all.
Which bring me back to the "hanging" thing.
Call your representative!!! Demand answers!!
LOL!!!
Let me know if they ever return your call or give you some answers.
The New World Order is here and the dictator of the world is waiting in the wings all thanks to the global elitists.
ReplyDeleteNot enough people in the workforce to support all those retiring now.
ReplyDeleteAnd if Hillary is elected it will get even worse.
Quit supporting the ILLEGALS with SSI.
ReplyDelete