SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT PAYMENT/ENTITLEMENT'
Have you noticed, your Social Security check is now referred
to as a "federal benefit payment"?
I'll be part of the one percent, to forward this, our
government gets away with way too much in all areas of our lives, while they
live lavishly on their grossly overpaid incomes!
KEEP passing THIS AROUND UNTIL EVERY ONE HAS READ IT.....
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 what Rick Perry called
"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.
Note how your elected officials earn the hundreds of thousands of dollars we pay them. Solitary and online books???
If you calculate the future value
of $4,500 per year (yours & your employer's contribution) at a simple 5%
(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.
The folks in Washington have pulled off a bigger Ponzi
scheme than Bernie Madehoff ever had.
Entitlement my butt, 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 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? 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.
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