1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Social Security and election year

Discussion in 'Uncategorized Threads' started by Ohio Bob, Feb 6, 2008.

Thread Status:
Not open for further replies.
  1. Ohio Bob

    Ohio Bob Member

    Joined:
    Jan 29, 1998
    Messages:
    405
    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 of Republican. Facts are Facts!!!


    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,

    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 h ave 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, wit h 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?

    AND MY FAVORITE:

    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!

    And the worst part about it is uninformed citizens believe it!

    Actions speak louder than bumper stickers.

    AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!!

    A government big enough to give you everything you want, is strong enough to take everything you have.
    -Thomas Jefferson
     
  2. grnberetcj

    grnberetcj Active Member

    Joined:
    Jan 29, 1998
    Messages:
    5,680
    Scarey ain't it.....just gotta luv them thar Dem's...

    Curt
     
  3. XTFreak

    XTFreak TS Member

    Joined:
    Jan 29, 1998
    Messages:
    133
    What is the difference? The general population is totally ignorant to the truth. The mainstream media is nothing but a propganda agent for the modern day socialism.

    Until us true Americans join together and form a grass roots effort to circumvent the inevitable shift to socialism, nothing will change. The only way to cut the head off the beast is to shut off its life line .... OUR TAX DOLLARS.
     
  4. School Teacher

    School Teacher Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,050
    Location:
    Louisville, KY
    Social security and the associated social security disability program are the lifeline of tens of millions of people.


    Medicare is the medical lifeline of most people over 65. Many corporate based retirement insurance systems save billions of dollars for coverage for their retirees over 65.


    The Federal Deposit Insurance Corporation (FDIC) protects trillions of dollars of savings against bank failures like those that plagued the 1920's and 1930's.


    The Securities and Exchange Acts of 1933 and 1934 provide necessary regulation to deter stock market collapses like 1929 and allow our current stock market to function on a reliable basis.


    The Federal government regulates our food, medicine, air, water, workplaces and many other aspects of our lives.


    Without proper regulation, the sub prime lending business has evolved into one of our latest financial traumas.


    We are living in a fast evolving, technology based society. Most people no longer live on farms and depend on efficient food processing, transportation and distribution systems to put food and other necessities of life in stores where we can buy it.


    Long term care may be the next crisis as our society ages. The multi-generational family living in a single residence where the younger members of a family care for the older members is almost non existent.


    Pension reform has come a long way but many private and public pension systems are grossly under-funded. I don’t know the whole list but the pensions of several large air lines, steel mills and manufacturing companies are now being paid, at a reduced rate, by the Federal Government.


    We often make fun of big government but times have changed since Thomas Jefferson penned those words.
     
  5. Grizzly

    Grizzly TS Member

    Joined:
    Jan 29, 1998
    Messages:
    108
    If the Congressmen and Senators, President and Vice President, handled their personal finances as they have handled our tax dollars.....They all would be bankrupt! 10-4?

    Grizz
     
  6. timb99

    timb99 Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    7,328
    Location:
    Shawnee, Kansas, USA
    First of all check snopes on Ohio Bob's post. Seen that post many times, and not all of it is true.

    And while many of the things school teacher listed in his message, some would contend are "social welfare programs, and are not in the Constitution, how many and which of them would we choose to eliminate?

    Or should everything be caveat emptor?
     
  7. drh08

    drh08 TS Member

    Joined:
    Jun 30, 2006
    Messages:
    302
    Interesting thread, and I am no fan of Dems, put I haven't seen any Republicans trying to fix any of the things you point out. It's not like they haven't had the opportunity to do so.
     
  8. School Teacher

    School Teacher Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,050
    Location:
    Louisville, KY
    Tim:

    I don’t understand your meaning when you say Caveat emptor. “Caveat emptor” is Latin for "Let the buyer beware".

    Did you mean to say Laissez-faire? Laissez-faire is a French phrase literally meaning "let happen", or "let do". It is used as a synonym for free market economics. It is generally understood to be a doctrine that maintains that private initiative and production are best allowed to roam free, opposing economic interventionism and taxation by the state beyond that which is perceived to be necessary to maintain individual liberty, peace, security, and property rights.

    The Social Security Act was created via the legislative process described in the Constitution, was approved by the executive as prescribed by the Constitution and is subject to judicial review, as is prescribed by the Constitution.

    If you are against the Social Security Act, or any other act for that matter, your redress is the ballot box. That is the way our Constitution works. You simply have to get a majority of voters to elect a congress and executive sympathetic to your views.

    Ed Ward
     
  9. timb99

    timb99 Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    7,328
    Location:
    Shawnee, Kansas, USA
    Yeah, I almost used that, and in retrospect, it would have been more accurate, but yes, that's what I meant.

    Incidentally, I'm not against it, or many of the other "social welfare programs" the government provides with our tax dollars. There are many on this website who believe taxes are evil, but don't mind some of the benefits those taxes bring us.

    In the case of a social welfare program that keeps my mother-in-law out of my household by providing her housing benefits, I am eternally grateful!
     
  10. drh08

    drh08 TS Member

    Joined:
    Jun 30, 2006
    Messages:
    302
    Ictrapshooter: These are the things I struggle with, the post lists specific things that are being blamed on the Dems, saying they were pretty much totally incorrect for implementing. My statement was more of a question as to why since these things like taxing SS was so wrong hasn't the Republicans overturned it. Politics is like work and life, it's easy to complain and point out mistakes but very few actually do something about fixing something they see as wrong. Yes we can all say the dems stopped the Republicans from fixing it but the Republicans owned the house, senate and president at the same time for a period of time and didn't change any of the items in this post. Which can only lead me to believe they are OK with it so why should these actions sway my vote one way or the other.

    I like a lot of other people are sick of people pointing fingers saying it's not my fault it's there fault, and when they get the the chance to do something they fall on their face. It's pretty apparent it's easier to point out others faults than shine a light on your strength. Apparently both sides have no strengths to talk about and that is why elections are nothing more than bashing sessions.
     
Thread Status:
Not open for further replies.
Search tags for this page

social security in the next election year