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Alittle history about Social Security........

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SD44
Senior Member


Joined: 09 Mar 2006
Posts: 562
Location: Mississippi
Alittle history about Social Security........

This is a copy-and-paste from another site that I thought was a good read. I'm not posting it for the bashing of Democrats, because I've became so pessimistic that I believe both parties have screwed us over the years. But it's interesting how much social security has changed from the ways that the inventor, FDR, intended.




(quote)
The following is another example of what fools we're being about our government and it effects each and every one of us in some way, shape or form.

This is an example of how a good idea went sour. Worse, you can probably apply this same deceit, fraud and manipulation to practically any program either party of our government gets their hands on.

Dark and best kept secrets about Our Social Security.

Many years ago in Seattle, two wonderful neighbors,

Elliott and Patty Roosevelt came to my home to swim on

a regular basis. They were a great couple full of

laughter and stories that today I continue to marvel

at. Both are now deceased, but their stories remain.

During the years of our friendship we had many, many

discussions about Elliott's parents (President Franklin D.

and Eleanor Roosevelt) and how his father and mother

never intended for the Social Security and Welfare

programs to turn out the way they are today. Elliott

used to say that if his parents returned to earth and

saw what the politicians had done to their programs

they would have burned all of them in hell.

Here is a story I received today regarding the Social

Security Program and I immediately thought of

Elliott's comments. I Hope you will read

this and think about it.

_____________________________________________

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 into 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) with holding?

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 US.

-------------------------------------------------------------------

Q: Which Political Party decided to start giving

annuity payments to immigrants?

This is MY FAVORITE:

A: That's right! Jimmy Carter! And the Democratic Party of course!

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 doing all this lying and thieving and violating

of 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!
_________________
NMCB 28 Seabee Battalion

Post Tue Aug 21, 2007 2:11 pm 
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