Wednesday, October 8, 2008

Facts About Your Social Security

"A Government which grows big enough to give you everything you want; will most certainly be strong enough to take everything you have!"----Thomas Jefferson. Our Social Security Program was started by Franklin D. Roosevelt, a Democrat, and he promised at that time that participation in the Program would be completely voluntary. It is now mandatory. In that day participants would only pay 1% of the first $1500.00 of their annual incomes each year into the Program. FICA participants could claim the money in deductions on their income tax returns. The participants Money was placed into a "TRUST" fund and was kept separated from the General Operating Fund. It was only used for Social Security Retirement and no other Government Program could access it. He further promised that the annuity payments to retirees would never be taxed. I have paid into FICA some 31years now...and I am finding out that 85% of the money I have paid in.....has been taxed for years! During the Lyndon Johnson administration, (he was also a Democrat), Social Security was taken out of the safe trust fund it was in....and put back into the General Fund....no reason was given and it was done with a Democratically controlled House and Senate! You can't claim it on your taxes anymore either....you haven't been able to do that since the Jimmy Carter administration (Democrat). As I mentioned before....FICA has been taxed since the Bill Clinton administration (Democrat). So the Democratic Party giveth....and the Democratic Party taketh away! If an immigrant comes to this country and remains here and reaches the age of 65...they can draw Social Security even if they do not have all their quarters paid into the system. An American Citizen has to have all their quarters paid in....or they have to apply for SSI. Who is responsible for this? The Jimmy Carter administration (Democrat). Social Security Benefits, Veterans Benefits, Medicare, Medicaid, SSI, State Allotments for Social Programs, Dept. for Human Services, Government Charity and Aid Programs, WIC, Food CARDs, and all you other Government Funded Programs out there, Oh, and I almost forgot the taxpayers....BETTER LOOK OUT....the Government is going to be needing money and we are all going to be easy targets!!! You don't pay out over 800 Billion Dollars plus more and not expect to get it back some how!!! God Help Us All!!!