Social Security An Interesting Read

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An article by;

J.W.Neal

With a commentary by

Oren Long

INTERESTING  READ

A woman dies at age 65 before collecting one benefit check.  She and her employer paid into the system for almost 50 years and she collected NOTHING.

Keep in mind all the working people that die every year who were paying into the system and got nothing!

And these governmental morons mismanaged the money and stole from the system, so that it's now going broke.

BEAUTIFUL!  And they have the audacity to call today's seniors "vultures" in an attempt to cover their ineptitude. DISGRACEFUL!

The real reason for renaming our Social Security payments is so the government can claim that all those social security recipients are receiving entitlements thus putting them in the same category as welfare, and food stamp recipients.

THIS IS WORTH THE FEW MINUTES IT TAKES TO READ AND DIGEST!

F.Y.I.  By changing the name of SS contributions, it gives them a means to refute this program in the future. It's free money for the government to spend under this guise.

The Social Security check is now (or soon will be) referred to as a *Federal Benefit Payment* ?

I'll be part of the one percent to forward this. I am forwarding it because it touches a nerve in me, and I hope it will in you.


Please keep passing it on until everyone in our country has read it

The government is now referring to our Social Security checks as a "Federal Benefit Payment."

This is   NOT a benefit. It is OUR money , paid out of our earned income! Not only did we all contribute to Social Security but our employers did too ! It totaled 15% of our incomebeforetaxes.(This should be enough for you to forward this message, If not read on.)

If you averaged $30K per year over your working life, that's close to $180,000 invested in Social Security.

If you calculate the future value of your monthly investment in social security ($375/month, including both you and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you'd have more than $1.3+ million dollars saved.


This is your personal investment. Upon retirement, if you took out only 3% per year, you'd receive $39,318 per year, or $3,277 per month.


That's almost three times more than today's average Social Security benefit of $1,230 per month, according to the Social Security Administration. (Google it – it's a fact). And your retirement fund would last more than 33 years (until you're 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government had just invested our money in low-risk interest-earning accounts.

Instead, the folks in Washington pulled off a bigger *Ponzi scheme* than Bernie Madoff ever did

They took our money and used it elsewhere. They "forgot"(oh yes, they knew) that it was OUR money they were taking. They didn't have a referendum to ask us if we wanted to lend the money to them ,.. and they didn't pay interest on the debt they assumed. And recently they've told us that the money won't support us for very much longer.


But is it our fault they misused our investments?  And now, to add insult to injury, they're calling it a *benefit*, as if we never worked to earn every penny of it. This is stealing!

Just because they borrowed the money, doesn't mean that our investments were for charity!

Let's take a stand. We have earned our right to Social Security and Medicare Demand that our legislators bring some sense into our government

Find a way to keep Social Security and Medicare going for the sake of the 92% of our population who need it.

Then call it what it is:

Our Earned Retirement Income .

90% of people won't forward this.

PLEASE!  Will you?


--J.W. Neal

Author of Ain't Nobody Really Happy at the Bottom...Except Catfish

Gentlemen,

Very good article.   I have some additional thoughts.

Employers calculate employee wages by adding together EVERYTHING it will cost to hire said employee, including employee AND employer contributions to Social Security, unemployment compensation, health insurance, etc.

So, if the employee was taking home $30,000 per year but DIDN'T have to "contribute" to Social Security, unemployment compensation, health insurance, etc. AND neither did the employer, that employee would probably be taking home closer to $50,000 per year.

In fact, the employer is already calculating the cost of hiring said employee at $50,000 per year, but the employee just doesn't know it.

Then, the employee could easily set aside a portion of his take-home pay for retirement, health insurance, or times when he is unemployed, and STILL have a significant pay raise.

Add to this all the money the employee loses to federal and state income taxes used to fund programs and services the employee never uses and/or serve no real purpose in the real world, and we are talking about REAL MONEY!  

And, what does government do with its ill-gotten money?   It gives it to foreign governments, welfare recipients, illegals, "friends" (think solar and wind companies that go belly-up), scientists (for "studies" promoting man-made global warming), pay raises for do-nothing government bureaucrats, duplicitous agencies that essentially do the same thing, and other unnecessary "programs".   And, all the while, crying "crocodile tears" over the poor, overworked, underpaid worker, enslaved by evil employers.   But, even if everyone's pay was raised, that would just be even more money for the government to appropriate for even more wasteful spending.   Hey, that's a good idea!

The current system is SOCIALISM and THEFT wherein the government takes YOUR money to ostensibly "take care of you" through programs that you may not want and may never use AND that you could easily provide for yourself -- IF YOU JUST HAD YOUR OWN MONEY!

And the Socialist Democrats tell us that we just can't live without Socialism and government largesse?!

R I G H T ! ! !

We have been asked to pass this article on and I am doing it.   BUT, I have a better idea.

What if ALL employers sat their employees down and told them just how much money they are losing -- AND FOR WHAT?   What if all employers actually told their employees exactly how much it REALLY costs to hire them?   I'll bet that if employees knew just how much more money they COULD be making, at current pay rates, there would be an employee uprising. I'll bet that if employees knew they were already making well above the much vaunted (by Socialists) $15 per hour, the Socialists would have a real problem on their hands.

I'll bet that if employees knew that it was the Socialists and big government acolytes -- NOT THE "EVIL" CAPITALISTS -- who were milking workers for all they were worth . . ., well, you get the idea.

Employees and the public are constantly told that capitalists are akin to slaveholders, milking employees for all they are worth and refusing to pay a "living wage" when, in reality, it is GOVERNMENT that is the slaveholder, running a national "plantation" and using the Law and IRS as its "overseers".

Employees are ALREADY making a living wage, but never allowed to get it.   Hell, they aren't even allowed to know about it OR that the employer is already paying it!  

What say you?

Oren