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.
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 Madhoff
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.
99% of people won't have the guts to forward this.
I'm one of the 1% -- I Just Did.
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