Social Security Ponzi Scheme

Tony — Thu, 30 Jul 2009 13:11:45 GMT

Is Social Security Just One Big Ponzi Scheme????

Did you mean the Ponzi Scheme set up by the Democrats????

Our Social Security

Franklin Roosevelt, a Democrat, introduced the Social Security (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:
-------------------------------------------------------------
Q: Which political party took Social
Security from the Independent 'Trust Fund' and put it in to the General
Fund so that Congress could spend it?
A: It was Lyndon Johnson and the
Democratically controlled House and Senate.
------------------------------------------------------------
Q. Which political party eliminated
the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
-----------------------------------------------------
Q. Which political party started taxing
Social Security annuities?
A: The Democratic Party, with Al Gore
casting the tie-breaking deciding vote as President of the Senate, while
he was Vice President of the U.S.
--------------------------
Q: Which political party decided to
start giving annuity payments to immigrants?
AND MY FAVORITE:
A: That's right! Jimmy Carter and the
Democratic Party. Immigrants moved into this country, and at age 65,
they 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 that the
Republicans want to take your Social Security away! And the worst part
about it is, uninformed citizens believe it! If enough people receive
this, maybe a seed of awareness will be planted and maybe changes will
evolve. Maybe not, some Democrats are awfully sure of what isn't so.
But it's worth a try. How many people can YOU send this to? Actions
speak louder than bumper stickers.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE
TERM!!!
A government big enough to give you everything you want, is strong
enough to take everything you have
----Thomas Jefferson----

Just in case you haven't noticed or been educated yet young Americans...Do your research...The very same people who have been pushing Social Security so hard are the very same people like some of the government employees who post on Yedda who don't pay a dime into SS because they have their own private retirement accounts..The very same private retirement accounts that the Democrats have been voting against giving to all Americans and telling us that SS is so great...So great in fact they don't want to be in it...Neither does Congress and the above information should tell you why. The government has been robbing SS for over 45 years and the very workers who get paid from your money don't pay into it but will tell you it is such a great program...Wake up America,it is time to vote these thieves out of office and take our government back and restore some dignity,honesty,and fairness into it.

RE: Social Security Ponzi Scheme

tommyw1016 — Thu, 06 Aug 2009 01:59:58 GMT

I want yo thank the conservative for the information they provided, but there seems to be some very important information missing. First Social Security was as you say, set up by F D Roosevelt, a democrat, But it was a republican, Ronald Reagan who started the the destructive process of borrowing social security money to make up the money he gave to his wealthy friend with his "tax break." Although each president has barrowed from social security, Reagan down to Clinton had some credability and put Treasury Notes in the Social Security Trust Fund (SSTF) to insure that the money would be repaid. That was before we got a a president who graduated with a D & F grade point average, who barrowed 7.9 trillion dollars from the SSTF to fund a war that was conceive on lies. The 6.5 trillion from the other presidents plus the 7.9 trillion barrowed by George Bush, who turned around and sold our (the Americans who paid into the SSTF), to Red China, North Korea, South Korea, Iran, Iroq, South America, Germany, Israel, Egypt, Venazula. and others we my never find out who they are. What is important is the fact that President Chaney and his aid George Bush, never asked the the American public if they could barrow the money, and let us decide if the terms of the loan to the USA would benifit the the American Citizens. "Since they didn't, this was theift of our Social Security monry;" and a number of people need to go to jail. If we were rich and billions and trillions of our money was used inappropiately, they would be in jail with a 150 to 200 year prison term. You in Congress and the Senate nave stolrn our money, WE WANT OUR MONEY AND WE WANT IT NOW!! We also want those in Congress to pay 95% tax on the money they make, their wives should not be intitled to a seperate check when they leave office, and if you have an additional retirement fund, you only get which one is the higest. I married my wife for better or worst, the same as most Americans do, whats mine is hers and whats hers is mine. I do not know of anyone who married the federal government. Since those in Congress want the American citizens to starve, suffer, loose their homes, take unpaid holidays; we the American public demand that you lead the way any start paying for your own travel, lodging, food, doctors bills, stamps, and let us not forget the bribs. Oh, I forgot, bribs are for coperate America, You in congress call doing the same thing Lobby money. Yea, right! All my American Citizens, congress knows how to keep us divided, they want to keep us citizens believing that it's the democrats, or its the republicans. Fellow American, that type of belief keeps us from seeing the forest for the trees. Tell congress to give us our money or leave office; BECAUSE YOU HAVE OUR MONEY AND WE WANT IT NOW. LET OUR VOICES BE HEARD LOUD, OUR MESSAGE IS CLEAR AND NOW WE ARE UNIFIED.

tommyw1016

RE: Social Security Ponzi Scheme

Tony — Thu, 06 Aug 2009 02:26:15 GMT

Tommy, You are correct that both parties stole our SS money...I was just trying to make the point that Democrats actually enacted legislation to give themselves the authority to help themselves to our money..Republicans did it also and I am a very conservative person and was very disappointed in the Republican party especially the last eight years under Bush..Truth is we need to clean house and vote out all of the bad ones and get some new young blood in there that are not already corrupted...That may be asking a lot,but we need to try..Nice talking to you Tommy and your input is also appreciated..............You are wrong about Reagan...It was President Johnson who started the looting of the SS system....Check your historical facts..............................

Q: Which political party took Social
Security from the Independent 'Trust Fund' and put it in to the General
Fund so that Congress could spend it?
A: It was Lyndon Johnson and the
Democratically controlled House and Senate.

RE: Social Security Ponzi Scheme

IzaBluByU — Sun, 11 Oct 2009 08:17:06 GMT

So much for the system of "checks & balances" originally installed in the system. Self-empowerment is what it's all about, and after you've been elected, it seems that anything outside of the constitutional lines is ok, at least till you get nailed for it. But then, the only ones to nail you for it are doing the same thing and patting themselves on the back for their cleverness. We need to recognize that cleverness and wisdom aren't the same thing.......