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 History

Discussion in 'Uncategorized Threads' started by cdconley, May 1, 2007.

Thread Status:
Not open for further replies.
  1. cdconley

    cdconley TS Member

    Jan 29, 1998
    Social Security History

    Just in case some of you 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. 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

    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

    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"
    Senate, while he was Vice President of the US
    And My Favorite: -
    Q: Which Political Party decided to start giving annuity payments to

    A: That's right! Jimmy Carter and the Democratic Party. Immigrants
    moved into this country, and at age 65, began to receive Social
    payments! The Democratic Party gave these payments to them, even
    they never paid a dime into it!
    Then, after doing all this violating 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!
  2. blizzard

    blizzard Active Member

    Jan 29, 1998
    I wish that i could just opt out. I'm 34. I've been paying in since I was 16. Just give me back every penny that I've paid in. No interest. Let me invest it how I see fit, and I will never draw a social security check.

    Brett D.
  3. ronbo142

    ronbo142 TS Member

    Jun 9, 2006
    Just remember to Vote, get your friends to Vote, have them get his or her friends to vote. Do you know how fast we could retake the country? The only problem is that we need to really get rid of the whole bunch of theives and start over with a new bunch of hopfully not theives....

Thread Status:
Not open for further replies.