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Unread 07-31-2008, 06:15 PM
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willy willy is offline
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Join Date: Jul 2005
Location: new jersey
Posts: 9,406
Default a little history

My friend sent me this, thought you fellows should see it.

Your Social Security.....









Just in case some of you young whippersnappers (& some older ones)didn't know this........
It's easy to check out, if you don't believe it. Be sure and show it to your kids.




They need a little history lesson on what's what; andit doesn't matter whether you are Democrat of Republican.....





Facts areFacts!!!





******************




Our Social Security
Franklin Roosevelt, a Democrat, introduced the SocialSecurity (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 income into the Program,




3.) That the money the participants elected to put into the Program would be deductible fromtheir income for tax purposes each year.




4.) That the money the participants put into theindependent '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.





5.) That the annuity payments to the retirees would never be taxed as income.





Since many of us have paid into FICA for years......





Those who are receiving their monthly checks now are 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.





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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 theUS.




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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 violating 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!







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Willy
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"I won't be wronged, I won't be insulted and I won't be laid on a hand on. I don't do these things to others and I require the same from them" JW
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