Tuesday, May 18, 2004

Social Security Facts

This email came from a subscriber and since
Social Security is something we all are all
concerned about whether or not we are currently
getting it I thought I would pass it on.

Again, I did check the facts and they are
true. ( It's nice being married to a man who
majored in history and library science. If he
doesn't remember something he knows where to
find the information. And boy, does he
remember a lot!)

Also, please note that I am not taking any
political side in this email so let's not
start a debate. There are just too many
issues that we are all concerned about.

**********
Start of email

Just a few interesting facts!

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!

If enough people receive this, maybe a seed of
awareness will be planted and maybe good changes
will evolve.

How many people can YOU send this to?

Keep this going clear up through the 2004 election!!

We need to be heard!

End of email
**********

Thanks for sending this along FlexChan.

If you feel a gigantic need to send me
some facts - no rumors or promises - then
you can do so. But please remember that
we are all working to start or improve
our online businesses and not win an
election. I am sure there are a great
many online forums where politics are
discussed and I would like to leave them
there - not here.

Susan Carroll
FriendsWhoCare Newsletter

No comments: