Comment #2

lejardin — Sun, 02 Jul 2017 02:23:57 GMT

These have been questions I have had for a very long time. Thanks for posting.

Comment #1

eddessaknight — Sun, 02 Jul 2017 01:47:49 GMT

<br />Nice job if you can get it<br /><br />God Bless America

Original Blog Entry: Our Sad Social Security Status :-(

eddessaknight — Sun, 02 Jul 2017 01:41:45 GMT

Want to see your representative do the Washington-two-step ? Ask this question

Who died before they collected Social Security?

THIS IS SURE SOMETHING TO THINK ABOUT!!!! THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK. WHERE DID ALL THAT EXTRA MONEY GO?

Remember, not only did you and I contribute to Social Security but your employer did, too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500

READ THAT AGAIN

Did you see where the Government paid in ONE SINGLE PENNY? We are talking about the money you and your employer put in a Government bank to insure you And me that we would have a retirement check from the money we put in, NOT THE GOVERNMENT. Now they are calling the money we put in an entitlement when we reach the age to take it back.

If you calculate the future invested value of $4,500 per year (YOURS YOUR EMPLOYER'S CONTRIBUTION) at a simple 5% interest (less than what the Government pays on the money that it borrows). After 49 years of working you'd have$892,919.98. If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) AND THAT'S WITH NO INTEREST PAID ON THAT FINAL AMOUNT ON DEPOSIT!

THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID. ENTITLEMENT MY FOOT; WE PAID CASH FOR OUR SOCIAL SECURITY INSURANCE!

Just because THEY borrowed the money for other government spending programs FROM THE SOCIAL SECURITY LOCK BOX , doesn't make my benefits some kind of charity or handout!! The first one to do it was LYNDON JOHNSON THE DEMOCRATIC CONGRESS. NOW THEY ALL DO IT WITHOUT HESITATION OR REGRET!!!

Remember the benefits for members of Congress?

FREE TOP OF THE LINE HEALTHCARE, + OUTRAGEOUS RETIREMENT PACKAGES (RETIREMENT ON FULL PAY FOR LIFE NOT SOCIAL SECURITY), + 67 PAID HOLIDAYS, + FIVE WEEKS PAID VACATION, + UNLIMITED PAID SICK DAYS

NOW THAT'S WELFARE, and they have the nerve to call my social security retirement payments entitlements . They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives, and now, when it's time for us to collect, the government is running out of money. Why did the government borrow from US in the first place? It was supposed to be in a locked box, not part of the general fund.

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