City Hall-Politics-Comcast.net Community
Forum_______Social Security
Attention: This is not a "blame thing" for
what's happening to Social Security-----Just a history / civic studies reminder
of the facts about lost annuities. These details are EASY TO CHECK
OUT.
Your Social Security:
The Great Democrat President Franklin D. Roosevelt
started social security in the 1935-1937 timeframe after the Great Depression
was slowing down, thanks to Roosevelt's W.P.A. and C.C.C. Programs, and The
U.S.A.'s anticipation of WWWII---industrial build up.President Roosevelt
promised:
1. Participation in the program would be
voluntary,
2. Participants would only have to pay 1% of the first
$1400.00 of their annual earnings into the program,
3. The money participants put into the program would be
tax deductible every year,
4. The participants money would go into a TRUST
FUND, not a GENERAL OPERATING FUND for Congress to spend,
5. The annuities paid to retirees would NEVER BE TAXED
as income.
Many of you, and I, paid the maximum into the fund for
years, retired and are now drawing social security annuities, SO, YOU
SHOULD BE REMINDED OF THE FOLLOWING DETAILS -
A. Lyndon Johnson and the Democratic controlled
Senate and House took the "Trust Fund" and put it into the general
operating fund for Congress to spend on his Great Society.
B. The Democrats also eliminated the income tax
deduction for FICA, (Social Security), paid into the program, therby increasing
taxes.
C. Vice-President Al Gore cast the tie-breaking
vote, when he was President of the Senate, to start taxing your Social
Security payments.
D. President Jimmy Carter and his Democratic
controlled House and Senate made it legal to pay Social
Security annuity payments to immigrants at age 65.
The Democrats now tell you that the Republicans want to
take your Social Security away!!!! Most all of us would never vote for anyone who wanted to take
away social security, but, the system should be corrected without a high risk of
funds transferred to Wall Street.
Let's all push for maintenance/repair of the
Social Security Program, not the destruction thereof, and,simultaneously, help
the immigrants as passionate humanity should. People who work hard and pay into
a fund should reap the benefits of the fund before others use it, legally or
illegally. Write your congressmen and all the politicians you know and state
your position.
