Social Security is not an Entitlement.

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Social Security is not an Entitlement.

Postby Brad West » Sat Jan 14, 2012 11:48 am

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 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 govt. 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, I don't think so. 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!

Our Government calls 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.
Sad isn't it?
most people won't have the guts to share and link to this.
I'm one of the that uses my voice -- why don't you.


"You can easily judge the character of a man by how he treats those who can do nothing for him." ~~James D. Miles
"I think Congressmen should wear uniforms like NASCAR drivers so we could identify their corporate sponsors."
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Brad West
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Social Security is not an Entitlement.

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Re: Social Security is not an Entitlement.

Postby Isha » Sat Jan 14, 2012 5:36 pm

I agree. It's pretty much the same in the UK.
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Re: Social Security is not an Entitlement.

Postby Brad West » Mon Jan 30, 2012 5:29 pm

The atrocity is that we as a nation have been mass drugged through our water systems for decades and most people have no clue or care. It's very evident with what is going on in the world today. I have very high hopes that that Karma thing kicks in real soon.
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