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Posts tagged ‘Social security’

What IS wrong with us?

Unknown Author.

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 entitlement!!!!!!

What IS wrong???

WAKE UP AMERICA!!!!

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

1- California 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 IS 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 its 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?

Default or Not To Default-That Is the Question!


By Cherokee Billie.

Debt talks between Obama and House Speaker John Boehner came to a grinding halt Friday night when Boehner abruptly broke them off, raising new uncertainties that a deal could be struck to avert a threatened government default.

If this occurs the government will not pay Social Security/Disability to the millions that are dependent on this money to survive monthly. I was watching the news last night and they were interviewing different people who are dependent on Social Security and showing how they live, which is below the poverty line. When the news report finished I found myself crying at what is occurring, when it does not need to.

There is a Social Security trust fund that is solvent until 2036, so again why do we need to borrow the money to pay Social Security checks? This trust was established to secure Social Security money from being used for any other means. Manipulate the poor and disabled because they have no way to fight back, is the only thing I feel about this.

If the United States goes into default this will affect the number one gold standard rating that the United States has worldwide. If that happens the credibility of the country goes way down. I do not believe that Obama wants this to happen on his watch, because it will take a miracle to bring back the rating and ranking of America worldwide. If this occurs you will start to see people going beyond protesting and the potential for violence and rioting will increase.

If the government would stop spending – debt would be reduced. It just is that simple. Yet, the government likes to make it more complicated.

I ask that you pray for the United States Government, because it definitely needs Divine intervention at this time.

“Political language is designed to make lies sound truthful and murder respectable.” George Orwell

Obama Has Gone Too Far

Obama announced today that unless something radical is done to reduce the debt that Social Security checks will not be issued on August 3. But, but, but we are being told that Social Security does not add to the deficit. If so, why do we need to borrow the money to pay the checks and why would it be affected by the debt ceiling?

We also have this Social Security trust fund that’s solvent until 2036 so again why do we need to borrow the money to pay Social security checks?

How many elderly and disabled people are now scared to death that they will not have money August 3 to pay their bills on time? This scare tactic is unbelievable!

I don’t see anyone in the government offices being told that they will not receive their checks!

There is only one word for this, PATHETIC! The debt ceiling has nothing to do with Social Security checks. Want to stop the debt-STOP SPENDING!

Stopping the war would reduce $6 billion a day that is being spent. Perhaps that might help reduce the debt instead of the amount that is sent out to recipients of Social Security. It is nowhere near $6 billion a day!

By Obama saying “I can’t guarantee those checks will go out” he once again gives himself political cover. On August 3rd, more than likely, all the checks will go out and the President steps to a podium and declares “Even though the Republicans don’t want you to get your money, I have decided that this is too important and I have decided that the government will meet it’s obligations, It was my decision and my decision alone to make sure that these checks go out.” Once again making sure he looks like the good guy.

I am sure some of you may not like what I have to say, but this is ridiculous when you put so much fear into people who worked hard all their lives and paid into Social Security, and now tell them that they will not receive their monthly check. This is inhumane in my opinion.

This is just the beginning of manipulation that is going to occur, so get ready for more blockbusters like this one today.

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