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"WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.

 
JimBomB
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User ID: 1507538
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08/17/2011 02:42 PM
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"WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
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 (me) you’d have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, 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, we paid cash for our social security insurance!!!! Just because they borrowed the money, doesn't make our benefits some kind of charity or handout!!

Congressional benefits, aka. 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 our retirement entitlements !!!!!!.....scroll down..............

:

What the HELL's wrong???


WAKE UP AMERICA!!!!


April 12, 2011 Calif. Daily Bulletin paper, ran two articles on the front page side by side :


1- California's 20 Billion Dollar Budget Deficit


2- The California Supreme Court ruling that ILLEGALS can attend college and get benefits.


Why don't they just deport them when they arrive to register?


3- Last year they ran an article on the yearly costs to California Taxpayers from Illegals using Hospital Emergency Rooms for their general health care -

At just one hospital the cost to tax payers totaled over 25 million a year

Someone please tell me what the HELL's wrong with all the people that run this country!!!!!!

We're "broke" & can't help our own Seniors, Veterans, Orphans, Homeless etc.,???????????

In the last months we have provided aid to Haiti , Chile , and Turkey . And now Pakistan ......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?

We have hundreds of adoptable children who are shoved aside to make room for the adoption of foreign orphans.

AMERICA: a country where we have homeless without shelter, children going to bed hungry, elderly going without 'needed' meds, and mentally ill without treatment -etc, etc.


YET.....................
They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies.

Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.

Sad isn't it?

99% of people won't have the guts to forward this.
I'm one of the 1% -- I Just Did

Last Edited by JimBomB on 08/17/2011 10:27 PM
For those that DON'T approve of my use of memes --- FO!

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DaiSeeDay

User ID: 1157713
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08/19/2011 12:43 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
No replies!!! I guess America doesn't want to wake up or their all dead!hf
~~Love Is The Root Of True Happiness~~
Anonymous Coward
User ID: 1489777
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08/19/2011 01:02 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
Thanks for this, when idiots call Social security an "entitlement" it makes me so mad. If Social Security is an entitlement, then so is every other retirement account we pay into such as a 401K.
Nope Nada

User ID: 1164524
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08/19/2011 01:05 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
There are more important things to worry about like who is Jennifer Lopez going to judge American Idol and what the Movies stars are wearing these days, or if Lindsey Lohan got busted.....

5a5a
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User ID: 1509674
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08/19/2011 01:25 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
bump
Anonymous Coward
User ID: 1486597
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08/19/2011 01:30 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
The Government called them entitlements to they would be entitled to take it...simple really

Besides I hear 70+ members of congress are registered socialists.

The USA is doomed...

hiding
Anonymous Coward
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08/19/2011 01:33 AM
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Re: "WHAT THE HELL IS WRONG WITH US ?"S.S. YOU have been paying since YOU started working.
I've always assumed it to be an added percentage to the income tax that I'll never see again and adjusted accordingly.. so the 25% bracket really isn't 25%, it's 25% plus 12% and that doesn't include medicare. And since they only tax social security up to a certain income level, that makes the middle class burden as high or higher then those who make lots of money. Those 'tea party' people fought hard to keep the rich from having to pay those extra taxes. Meh.

It's funded for now, but there's no way to sustain such a system in it's current state.

It's amazing how much help women get for having kids... I had no idea. There are people living off almost nothing around here with no job, they just live really, really cheap. Combine welfare with reduced income housing and their expenses get really low. They reduce their hours to avoid meeting the minimums and losing their handouts.

The top and the bottom really do suck from the middle. I give them credit for their ingenuity though.





GLP