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a little history
My friend sent me this, thought you fellows should see it.
Your Social Security..... |
And the bad part is, people like me have learned this in high school and choose to keep perpetuating this extortion, rationalizing that it is only a little bit, only a little more, just a little more often and with fewer allowed deductions.
When this thing blows up, the Constitution will not be able to save US. As always our children and children's-children, will have to deal with our past and lack of present resolve. |
How do you stop "perpetuating this extortion". I'd forfeit all I've paid if I could get out of it. I'd also like to get the half my employer pays. I try not to think of how many extra millions I'd have at retirement if I could just invest my and my employer's payments into low risk investments. Find a retirement investment calculator and put your investment at 15.3% and the return at something reasonable like 7%. Even in today's economy I'm getting nearly 10% on most of my investments. See what 10% would get you.
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seen that one bofore willy, kinda makes you sick to your stomach.....:head:
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Hey Eight, you have to share with us just where you are getting 10% return on your investments.
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One question? Why didn't a Republican president with a republican controlled congress change this? Billy Mac :beer:
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i found this thought it to be interesting. spearheaded by mr obama. http://thomas.loc.gov/cgi-bin/query/.../~c109ol8eal:: odd that he is anti-war, when we introduced this bill on fighting terror in the congo. to me, it seems like the same old tactics john kerry was using in '04. tell everybody what they want to hear and make sure no one notices that your "speaking out both sides of your mouth." the main reason why they dont abolish mandatory contributions to social security. elected officials hand out money to those who wish to obtain this money via medicare, social security benefits, ESL courses in shcool, free health care, etc, as a means of bribery to their pool of voters hoping to receive their vote. to put it plain and simple without sugar coating it. on an after tax basis. if we put each a ten dollars in a bucket and a year later i get 4 dollars you get 4 dollars and the other 2 dollars are given away to someone who never put it, how rationally speaking is that fair? |
With all do respect, the ramblings on Social Security laid forth by our distinguished brother William are shown to be only partial truths on Snopes...not that Snopes is 100% reliable, but I believe its a pretty reputable source (not that Willy ain't!!) :hi:
http://www.snopes.com/politics/taxes/sschanges.asp |
Blue I did not check thru all of it but most of it I know to be the truth not from snopes or any place else, but because I was aware of it and saw it happen, at least a lot of it and I remember the controversies when it happened.
the simple fact of the matter is our people are not informed enough or just don't care enough or have their personal government teat they are attached to to change it and stop electing the same sh!t from both parties into office. Therefore our country is turning from a great example of human freedom and great endeavors to a european version of a socialist nation which is what a great many, especially in the democratic party want it to be. In fact they have strived to make it that way and are on a serious march to do so come this november if a whole bunch of people don't wake the f!ck up and get out and vote this congress and their new messiah out of office. I do not want the government to take care of me, to tax me so I have to work until the end of July each year before my burden is done to them and the rest is mine. Think about that for awhile and if you do not get enraged then I am afraid somewhere along the line they managed to castrate a lot of good men. And we are lost. They have outright lied to us, stolen from us, and plan to take the little they have left us and give it to those who neither have earned it, bled for it, saved it, built it or deserve it and a lot of people just cannot see it. We have been on a almost 50 year frog cooking experiment and because of the greed of the democratic party for absolute control of all of government they are even doing everything they can to ensure that our cities are full of illegals, and that our population has an expectation that everything is given to them. Free everything to everybody. There has been a good number of republicans either involved because they do not have the intestinal fortitude or because of greed ensuring that they get their piece of the pie that have gone along with them. But the fact remains it is the democraztic party that is now on a hell bent mission to turn us into a socialist state. If you can't see that then at least step back and think to yourselves, does Nancy Pelosi represent me and my way of thinking, are her policies and those of Harry Reid what I believe America should be? Are the likes of the puppet messiah, the one who is called obama represent me and what I beleive America should be? I personally find them detestable, dellusional, and more in line with the politburo than what should be the U.S Congress. But what the hell, what harm can they really do? lets put them in office again and again and again. They really need to change the name of that once noble party, and if it is what the majority of Americans want, what they want their names assosiated with then so be it. God help us all. |
Well, I've said it before and I'll say it again......
I'll vote for ya!! I'll write you in...whatever I have to do. :thre: |
Galveston a town in Texas opted out of SS before congress closed the loophole making it manditory for everyone to send their hard earned money to them. Its set up in fixed accounts and is blowing the doors off what SS is doing. Here's a quick comparison to the two plans.
Galveston vs. Social Security. Upon retirement after 30 years, and assuming a 5 percent rate of return ***8212; more conservative than Galveston workers have earned ***8212; all workers would do better for the same contribution as Social Security: Workers making $17,000 a year are expected to receive about 50 percent more per month on our alternative plan than on Social Security ***8212; $1,036 instead of $683. [See the Figure.] Workers making $26,000 a year will make almost double Social Security***8217;s return ***8212; $1,500 instead of $853. Workers making $51,000 a year will get $3,103 instead of $1,368. Workers making $75,000 or more will nearly triple Social Security ***8212; $4,540 instead of $1,645. Galveston County***8217;s survivorship benefits pay four times a worker's annual salary ***8212; a minimum of $75,000 to a maximum $215,000 ***8212; versus Social Security, which forces widows to wait until age 60 to qualify for benefits, or provides 75 percent of a worker***8217;s salary for school-age children. In Galveston, if the worker dies before retirement, the survivors receive not only the full survivorship but get generous accidental death benefits, too. Galveston County***8217;s disability benefit also pays more: 60 percent of an individual's salary, better than Social Security's. Two government studies of the Galveston Plan ***8212; by the Government Accountability Office and the Social Security Administration ***8212; claim that low-wage workers do better under Social Security. However, these studies assumed a low 4 percent return, which is the minimum rate of return on annuities guaranteed by the insurance companies. The actual returns have been substantially higher. Here is a link: http://www.ncpa.org/pub/ba/ba514/ |
I don't doubt anything in that, but one thing's for sure...the Republicans have found just as many ways to SCREW us as the Democrats...it's when we cast off the blinders of partisan politics and start addressing ALL the POLITICIANS who are having there way w/us and our money that we'll start gaining traction as free citizens again...
Keep pointin' fingers and blaming one party or the other...that's what they WANT us to do...it occupies us...it divides us...it wastes our time while a truly united party of voters could get together over several voting cycles and get this mess straightened out... |
Neither party has been a beacon of common sense for a long long time.
But that being said the question now is do you want a socialist country or not. If you think that is an exageration pay close attention to the statements and policies and actions of the peoples democratic party and especially the annointed puppet they put up now, then step back and decide what you want to leave your kids. A socialist country or a country of free thinking and independent people. I know where I lean |
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I know where I lean too...directly toward the best of both worlds...and tossin' out the worst...if the voters from both parties and those of us who are independent to begin with, who are sick to death of the status-quo of a two party system, the politics as usual and the lobbyists leading our elected officials around by their wallets would come together and make some meaningful changes, we would all regain the freedom of thought, the freedom to retain more of our spendable income and all the other freedoms we lose a little at the time under the present "big money rules the day" system...voting these days has just become a choice of how ya wanna take yer skruin"...from the left or the right...:fight: |
that was well put for an old geezer, nuph said:clap:
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