Friday, April 24, 2009

Pink Elephant in the Room

Social Security, The Great American Ponzi Scheme .
Our Social Security.
Franklin Delano. Roosevelt 32nd. President, Democrat Terms of Office March 4, 1933, to April 12, 1945

Both my parents told me a very long time ago much of what is stated here has basis in fact. The question is not what is in the law. The question is how did FDR promote the vast new program. A program like no other in our country's history. My Mom told me she liked him at the time. But over time the changes were not what she had hoped for or had expected. My mom told me this over 30 plus years ago during a discussions on politics, very common in our home while growing up. Sound familiar.

The below statement is said to be fake and not factual in terms of law, not sure about the sell part. People were in crisis and I think that fed the desire for a turn toward socialism.
Our Social Security Franklin Delano. Roosevelt (Terms of Office March 4, 1933, to April 12, 1945)a Democrat, introduced the Social Security (FICA) Program. He promised the American people when he first explained the idea and to sell it to the people:

1.)That participation in the program would be voluntary. Not what was passed into law.
2.)That the participants would only have to pay 1% of their annual incomes into the program,
3.)That the money the participants elected to put into the program maybe deductible from their income for tax purposes each year. Not what was passed into law.
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. Not what was passed into law.
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: Not what was passed into law.

What he promised is not what congress passed. The Fed has a so called fact sheet website page debunking what legislation that was sold to the people, just mentions what was passed and now law. The point is not what was passed by congress, the point is what was sold to the people by the leader of the country. One sentence says no one would get social security unless they paid into it, we know this not to be true. ADC is one program funded as well as welfare out of the SSI fund. Call it what you will a Rose is a Rose by any other name.

Lyndon Baines Johnson 36th.President, Democrat Term Of Office: November 22, 1963 to January 20, 1969 Question: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so that Congress could spend it? Answer: It was Lyndon B. Johnson (Democrat, Term Of Office: November 22, 1963 to January 20, 1969) and the democratically Controlled House and Senate.

The Great Society needed funding and all that money was just sitting there. Government websites will tell you it is not part of the general fund. True, they just borrow the money and in exchange give government securities in exchange. They are taking money out of the right pocket and putting into the left pocket. We are borrowing from ourselves, someone has to pay it, who?

William Jefferson Clinton (Bill Clinton) 42nd. President Democrat Term of Office: January 20, 1993 to January 20, 2001 Albert Arnold Gore, Jr.(Al Gore)45th. Vice President Democrat Term of Office: January 20,1993 to January 20, 2001 changed the tax rules on SS.

Question: Which Political Party increased taxing Social Security annuities? Answer: The Democratic Party, with Albert Arnold Gore, Jr. (Al Gore) [Vice President Term of
Office: January 20, 1993 to January 20, 2001] casting the `tie-breaking' deciding vote as President of the Senate, while he was Vice President of the US. The vote increased the tax from 50% to 85%

James Earl Carter, Jr (Jimmy Carter) 39th. President, Democrat Term of Office: January 20, 1977 to January 20, 1981 Question: Which Political Party decided to start giving money generated from Annuity payments to illegal immigrants?

Answer: That's right! James Earl Carter, Jr. (Jimmy Carter) (Democrat, Term of Office: January 20, 1977 to January 20, 1981) and the Democratic Party. Began helping illegal Immigrants who moved into this country, they can began to receive government payments! The Democratic Party gave these payments to them, even though they never were to benefit from this fund. But they call it something else, but the money comes from the SSI funds. The money just does not come out of thin air. The government website says this is not true, but if you read between the lines it is not SS per say it is other programs funded by money placed in the FICA fund.

Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away! Truth be told even Republicans have spent like Democrats in the first part of this century, around 2000. Social Security is a Ponzi scheme it will crash at some point. Just do the math, immigration, age of population, support group smaller than expected. The house of cards collapses. Either the service are drastically cut or people forced to pay higher taxes to support it. Based on our current congress and President plan on taxes. Both parties are guilty of plundering our retirement.

They have run out of our money, 40 years of spending by both parties. This has not happened over night. Obama and congress want to accelerate it in 5 year going out past 10. Who is going to pay the bill? It was bad enough when George Bush was spending us deeper in debt. Like Rx drugs, not much different than Obama. The problem is we do not have the money. We will go deep into negative equity, then the waiter brings the bill at some point. It has to be paid for some how, please explain how?

The founding fathers are rolling in their graves. This is not what they in visioned how the country's government was to work. We need to get back to the basic frame work of the Constitution. We have wander to far out of what was a perfect balance of power with all the checks and balances. It has become corrupt and needs to be adjusted back to the basics. Less government, states rights, country's defense The unproductive government needs to be reduced and private sector needs to absorb the needs of some people who really need help. We did it some how before the New Deal. It comes down to the Physiological Difference do you want people doing for themselves. Or do you want to pay the government to do that for you?

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