SOCIAL SECURITY Sad But True.

[ericlp]

2004 Election Issue!!

GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOC. SEC.

This must be an issue in "2004". Please! Keep it going.

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SOCIAL SECURITY:

(This is worth reading. It is short and to the point.)

Perhaps we are asking the wrong questions during election years. !

Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it.

You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own
benefit plan.

In more recent years, no congressperson has felt the need to change it. After all, it is a great plan.

For all practical purposes their plan works like this:

When they retire, they continue to draw the same pay until they die.

Except it may increase from time to time for cost of living adjustments..

For example, former Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275,000.00 during the last years of their lives.

This is calculated on an average life span for each of those two Dignitaries.

Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives.

Their cost for this excellent plan is $0.00. NADA....ZILCH....

This little perk they voted for themselves is free to them. You and I pick up the tab for this plan. The funds for this fine retirement plan come directly from the General Funds;

"OUR TAX DOLLARS AT WORK"!

From our own Social Security Plan, which you and I pay (or have paid) into,-every payday until we retire (which amount is matched by our employer)-we can expect to get an average of $1,000 per month after retirement.

Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator! Bill Bradley's benefits!



Social Security could be very good if only one small change were made.

That change would be to:

Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us ......

then sit back.....

and watch how fast they would fix it.

 

[Chadder007]

Interesting.....

 

[alchemize]

Put them on medicare, then you'll really catch their attention

 

[Ornery]

Kerry: Bush 'January Surprise' for Social Security

• "We just learned yesterday that the president told his biggest and wealthiest donors about his big 'January surprise,"' Kerry told the black congregation. "He's to come out strong, in his words, to fight for his plans to privatize Social Security."
  
  Kerry said Bush's Social Security plan was further proof he was "out of touch" with the needs of average Americans.

This "average American" is for doing something drastic with that abortion of a social program.

 

[CADsortaGUY]

It sure would be nice if we could get them to vote it away from themselves. However...how exactly does one get them to vote away their retirement?

I think I'll call my Senators tommorow and ask them for comment.

CsG

 

[SirStev0]

Originally posted by: Chadder007
Interesting.....

 

[Mursilis]

Originally posted by: Ornery
Kerry: Bush 'January Surprise' for Social Security

• "We just learned yesterday that the president told his biggest and wealthiest donors about his big 'January surprise,"' Kerry told the black congregation. "He's to come out strong, in his words, to fight for his plans to privatize Social Security."
  
  Kerry said Bush's Social Security plan was further proof he was "out of touch" with the needs of average Americans.

This "average American" is for doing something drastic with that abortion of a social program.

Heaven forbid the average American be allowed to control his/her retirement finances! The government will make these decisions for you, thank you very much. Some people just know better.

 

[Dissipate]

Social security payroll taxes have increased steadily since their inception, and will literally have to double to 30% if Social Security is not to go bankrupt by 2030 (assuming benefits to future retirees are not cut).

 

[AntiEverything]

You should do some research before mindlessly repeating nonsense.

 

[Dissipate]

Originally posted by: AntiEverything
You should do some research before mindlessly repeating nonsense.

Snopes is wrong also. Politicians do NOT pay taxes.

Who benefits from taxation? It is clear that the primary beneficiaries
are those who live full-time off the proceeds, e.g., the
politicians and the bureaucracy. These are the full-time rulers.
It should be clear that regardless of legal forms, the bureaucrats
pay no taxes; they consume taxes.3


3 If a bureaucrat receives a salary of $5,000 a year and pays $1,000 in
?taxes? to the government, it is quite obvious that he is simply receiving
a salary of $4,000 and pays no taxes at all. The heads of the government
have simply chosen a complex and misleading accounting device to make
it appear that he pays taxes in the same way as any other men making the same income. The UN?s arrangement, whereby all its employees are
exempt from any income taxation, is far more candid.

Man, Economy & State with Power and Market, page 1151