Congress continues to use the Social Security "Trust" Fund as their rainy day, mad money piggy bank. They never pay it back. It's like having an adult child still living at home and borrowing the car and money you just know you wont get back.
My SS card still states NOT FOR IDENTIFICATION. I got it in early 1954 in Boise ID, and then after getting married, got the new one with my married name in 1956. It still says NOT FOR IDENTIFICATION
The History here should further expose the FRAUD by the Federal government to take OUR money and misuse it. Read this carefully and then look at all the other ways that government finds to steal from us and to enrich their PERSONAL pockets while putting this nation in DEBT to other nations. Just another way to SELL America to the GLOBALISTS.
And think on this point: If you buy into (contribute) an insurance program for your home and property – your vehicle – your life – and your premiums keep going up over the years would it bother you if foreign invaders (ILLEGALS) or those who never contributed to YOUR insurance coverage would be handed checks from YOUR insurance company and YOUR policy just because they are here??? That is what has happened to the SS fund. ROBBED and left empty by congressional thieves and handed to those who never were to be allowed to receive benefits from it.
Jackie JunttiWGEN firstname.lastname@example.org
“Unfunded mandates are bad, but funded mandates are worse because they bribe local officials to yield public authority to distant and more centralized entities.” Harold Hochstatter
President Kennedy and Sergeant Shriver were the first ones to misuse the SS account. They used SS funds to start the Peace Corps. This was not the first or last time our money has been taken from American citizens and given to foreign nations. Things every US citizen should know and remember about Social Security and changes made.
History Lesson on Your Social Security Card:
Just in case some of you young whippersnappers (& some older ones) didn’t know this. It’s easy to check out, if you don’t believe it. Be sure and show it to your family and friends. They need a little history lesson on what’s what and it doesn’t matter whether you are Democrat or Republican. Facts are Facts.
Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.
Our Military Service Numbers were changed to the Social Security number. Bad Idea Boys & Girls, as all our clothing has the S.S. Number Stenciled in that uniform somewhere (At least us “Squids” did) & can be stolen right off the clothes line!
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be Completely voluntary. It's no longer Voluntary.
2.) That the participants would only have to pay 1% of the first $1,400 of their annual Income into the Program. Now it's 7.65% on the first $90,000.
3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year. It's no longer tax deductible.
4.) That the money the participants put into the independent ‘Trust Fund’ rather than into the general government operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program. Under Democrat Presdient Johnson the money was moved to the General Fund and Spent. The "Trust Fund" has no money - only IOU's.
5.) That the annuity payments to the retirees would never be taxed as income. Under Clinton & Gore up to 85% of your Social Security can be Taxed! And put into their deep pockets!
Since many of us have paid into FICA for years and are now receiving a Social Security check every month and then finding that we are getting taxed on 85% of the money we paid to the Federal government to ‘put away’ — you may be interested in the following:
Q: Which Political Party took Social Security from the independent “Trust Fund” and put it into the general fund so that Congress could spend it?
A: It was Lyndon Johnson and the Democrat controlled House and Senate.
Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?
A: The Democratic Party.
Q: Which Political Party started taxing Social Security annuities?
A: The Democratic Party, with Al Gore casting the ‘tie-breaking’ deciding vote as President of the Senate, while he was Vice President of the US.
AND MY FAVORITE:
Q: Which Political Party decided to start giving annuity payments to immigrants?
A: That’s right! Jimmy Carter and the Democratic Party. Immigrants moved into this country, and at age 65, began to receive Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it!
Then, after violating the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!