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Tuesday, Feb. 28, 2017

Social Security Wild Card

Posted Monday, September 3, 2012, at 2:50 PM

Food upon the table,
Only if we're able,
Security a cuss word,
One few it seems has heard:
...V O T E...
Social Security Wild Card
By Arley Steinhour 090312

I have a Social Security Card,
Stating, 'Not for Identification,'
Promises in law, not the back-yard,
Has become a pillaging fornication.

When they put SS in the General accounting,
They called it 'nothing but a loan,'
Owed by Government, with interest mounting,
Social Protection, built on 'Solid, Nation stone.'

Too bad, that things didn't go that way,
Price goes through the fiscal roof,
Changing rules, almost every day,
Mismanagement, the fiscal proof.

Today, they try to tell us all,
We didn't really build that,
Our good grace must take a fall,
Strike us out, like Casey did, at bat.

We the People paid, to build the program,
So Social Security might run like a clock,
Wasn't long before it became a Scam,
Now rusting like old ship at the dock.

History tells the important story,
'Who' took a great system away,
From a Government promise of Retirement glory,
Through their greed, the System is dying today.
REPENT !!! . . . . . AMEN

Original subject line: History Lesson on Your Social Security Card

The original Social Security card had the "NOT FOR IDENTIFICATION" message.

Our Social Security
When Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program, in 1935. He promised:

1.) That participation in the Program would be Completely voluntary,

No longer Voluntary

2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,

Now 7.65%, individual, plus 7.65%, by employer, or individual, on the first $90,000

3.) The money, participants elected to put into the Program, would be deductible from their income, for tax purposes each year,

No longer tax deductible

4.) The money paid in would be put into an 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,

Under Johnson the money was moved to The General Fund and Spent.

5.) The annuity payments to retirees would never be taxed as income.

Under Clinton & Gore
Up to 85% of your Social Security can be Taxed (until age 70), on 'Earned Income' exceeding a determined amount.

Sadly, this history is only a small portion of the changes that have destroyed, what could have been an excellent supplemental security, to Old Age income.
(original message cleaned of most finger-pointing)

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