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Donald K. Allen for President
Social Security
Is Social Security a hoax? Go to: Heritage.org SocialSecurity
Did you read it? OK, so there’s really no money in the Social Security Trust Fund like there would be in any other type of trust fund. We are supposed to TRUST that our Congress will take good care of that money. So, if it had been treated like a legitimate trust fund from conception, would it be in any trouble now? How do we fix it? Make ALL of the Social Security Withholding Tax receipts go into a true trust fund. Then make our Treasury transfer all of those I.O.U.’s into that fund as well, with interest just like the Internal Revenue Service charges us.
Passed on from a friend, a WWII Pacific Theater B-25 pilot:
To the "Youths" of the country who have no historical information about
the current policies:
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 participants’ money would be 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 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!
If enough people receive this, maybe a seed of awareness will be planted
and maybe good changes will evolve. Maybe not, some Democrats are awfully sure of what isn't so.
But it's worth a try. How many people can YOU send this to?
Actions speak louder than bumper stickers.
And I might add that none of the people controlling SS in our government
are dependent on it in the least. Congressmen have a completely separate
fully funded retirement system. There is no decrease in their pay level at
retirement......
Donald K. Allen for President
4501 Market St.
Youngstown, OH 44512
Posted March 6, 2007
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