Social Security and Government - READ

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 THATMONEY 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 I 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!

If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.

Another thing with me.... I have two deceased husbands who died in their 50's, (one was 51 and the other one was 59 before one percent of their social security could be drawn.

I worked all my life and am drawing 100% on my own social security).

Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives.

THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.

Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity

or handout!! Remember Congressional benefits? --- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days. Now that's welfare, and they have the nerve to call my social security retirement payments entitlements? We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless. Yet in the last few months we have provided aid to Russia, Haiti, Chile and Turkey. And now Pakistan......former home of bin Laden. Literally, BILLIONS of DOLLARS!!! And they can't help our own citizens in New York and New Jersey!

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 it in the first place? It was supposed to be in a locked box, not part of the general fund.

Sad isn't it.

Social Security v Federal Benefit

My sister sent this to me (via Fox 5 News) and I was outraged.  See what you think.

**SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT PAYMENT'/ENTITLEMENT!**

Did you know your/my Social Security check is now referred to as a

"Federal Benefit Payment"?

I'll be part of the one percent to forward this. I am forwarding it because

it touches a nerve in me, and I hope it will in you. Please keep passing it

on until everyone in our country has read it.

The government is now referring to our Social Security checks as a "Federal

Benefit Payment." This isn't a benefit - its earned income! Not only did we 

all contribute to Social Security but our employers did too.

It totaled 15% of our income before taxes. If you averaged $30K per year

over your working life, that's close to $180,000 invested in Social

Security. If you calculate the future value of your monthly investment in

social security ($375/month, including both

your and your employer's contributions) at a meager 1% interest rate

compounded monthly, after 40 years of working you'd have more than $1.3+

million dollars saved!*****

*This is your personal investment.**

Upon retirement, if you took out only 3% per year, you'd receive $39,318

per year, or $3,277 per month. That's almost three times more than today's

average Social Security benefit of $1,230 per month, according to the

Social Security Administration (Google it - it's a fact).

And your retirement fund would last more than 33 years (until you're 98 if

you retire at age 65)! I can only imagine how much better most

average-income people could live in retirement if our government had just

invested our money in low-risk interest-earning accounts.

Instead, the folks in Washington pulled off a bigger Ponzi scheme than

Bernie Madoff ever did. They took our money and used it elsewhere. They

"forgot" that it was OUR money they were taking. They didn't have a

referendum to ask us if we wanted to lend the money to them.

And they didn't pay interest on the debt they assumed. And recently,

they've told us that the money won't support us for very much longer. But

is it our fault they misused our investments?

And now, to add insult to injury, they're calling it a "benefit," as if we

never worked to earn every penny of it. Just because they "borrowed" the

money, doesn't mean that our investments were a charity! Let's take a

stand.

We have earned our right to Social Security and Medicare. Demand that our

legislators bring some sense into our government - Find a way to keep

Social Security and Medicare going, for the sake of that 92% of our

population who need it.

**Then call it what it is:** Our Earned Retirement Income.

And a little "P.S."  a big chunk of what we used to spend on space exploration (i.e. space station which we no longer participate in) is now going to help Muslims around the world feel better about their contributions to history !  Our tax dollars are promoting a religion that wants to kill us.  This makes no sense!  Talk about separation of church and state...ain't going on there!  (Google something to the effect of "NASA funds going for Islamic religion".  So instead of supporting Islam with our tax dollars why don't we build up the "missing funds" Congress borrowed (stole) from Social Security?  or go here

http://www.foxnews.com/politics/2010/07/05/nasa-chief-frontier-better-relations-muslims/ 

Social Security of the Deceased, not funny

WHO GETS THE SOCIAL SECURITY OF THE ONES DEAD???
I am not siding with Republicans or Democrats.  I am retirement age and I want what I have been paying into for all these years (since I was 15).   Look at the numbers.  When the folks in Washington say there is no money for social security, ask who is getting the social security of those who have already died?
Subject: WHO GETS YOUR SOCIAL SECURITY IF YOU ARE DEAD?
SOMETHING TO THINK ABOUT
THE ONLY THING WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY GO?????????????
This was sent to me, I am forwarding it because it does touch a nerve in me.
This is another example of "TREASON in high places" !!!Get angry and pass this on!
Remember, not only did you 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.

If you calculate the future value of $4,500 per year (yours & your employer's contribution) at a simple 5% (less than what the govt. 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! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.

The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madhoff ever had.

Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn't make my benefits some kind of charity or handout!!

Congressional benefits ---- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that's welfare, and they have the nerve to call my social security retirement entitlements?

We're "broke" and can't help our own Seniors, Veterans, Orphans, Homeless

In the last months we have provided aid toHaiti,Chile , and Turkey . And nowPakistan ......home of bin Laden. Literally, BILLIONS of DOLLARS!!!

Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries!

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 it in the first place? Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.

Sad isn't it?

Hump Day Humor, Economy

BREAKING NEWS!!

To save the economy, in Oct, 2011,  The Federal Government will start deporting old people (instead of illegals) in order to Lower Social Security and Medicare costs. I started crying when I thought of you. RUN, YOU OLD BUZZARD, RUN!!

Well....what can I say?

Someone sent it to me

& 

I'm not going alone!