View Single Post
  #1   Report Post  
Old June 1st 04, 04:02 AM
Burr
 
Posts: n/a
Default (ot) Social Security

SOCIAL SECURITY:

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA)
Program. He promised:

1.) That participation in the Program would be completely voluntary,

2.) That the participants would only have to pay 1% of the first
$1,400
of
their annual incomes into the Program,

3.) That the money the participants elected to put into the Program
would
be deductible from their income for tax purposes each year,

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,

5.) That the annuity payments to the retirees would never be taxed as
income.

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.

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

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 SSI Social Security
payments! The Democratic Party gave these payments to them, even
though they never
paid a dime into it!

Then, after doing all this lying and thieving and violation of 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!

Perhaps we are asking the wrong questions during this 2004 election
year!