Sunday, August 16, 2009

Did you know . ..


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Franklin Delano Roosevelt

Our Social Security

Franklin Delano. Roosevelt (Term of Office March 4, 1933, to April 12, 1945), aDemocrat, 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 Incomes into the Program,
3.) That the money the participants elected to put Into the Program would be deductible from Their income for tax purposes each year,
4.) That the money the participants put into the Independent '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, and
5.) That the annuity payments to the retirees would never be taxed as income.

Since many of us have paid into FICA for years and are now receiving a Social Security check every month -- and then 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:

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Dwight David Eisenhower

If I recall correctly
, 1958 is the first year that Congress, not President Eisenhower, voted to remove funds from Social Security and put it into the General Fund for Congress to spend.
If I recall correctly, it was a DemocraticallycontrolledCongress.
From what I understand, Congress logic at that time was that there was so much money in Social Security Fund that it would never run out / be used up for the purpose it was intended / set aside for.


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Lyndon Baines Johnson
Question: Which Political Party took Social Security from the Independent 'Trust Fund' and put it into the General Fund so that Congress could spend it?

Answer: It was Lyndon B. Johnson Democrat and the Democratically Controlled House and Senate.


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Bill Clinton & Al Gore

Question: Which Political Party eliminated the income tax Deduction for Social Security
(FICA) withholding?
Answer: The Democratic Party.

Question: Which Political Party started taxing Social Security annuities?
Answer: The Democratic Party, with Vice President Albert Arnold Gore, Jr. (Al Gore)


casting the deciding 'tie-breaking' vote as President of the Senate....


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Jimmy Carter

Question:
Which Political Party decided to start giving Annuity payments to immigrants?

ANSWER: That's right! JAMES EARL CARTER, JR. (JIMMY CARTER), DEMOCRAT, 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 the Republicans want to take your Social Security away!
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Thomas Jefferson

"A government big enough to give you everything you want, is strong enough to take everything you have".
Thomas Jefferson

1 comment:

Janie Lynn said...

Testing comments, testing comments.