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Our Earned Retirement Income. This ought to light you up!

who's talking here?

jackass 1
kingwood resident 1
AwesomeTattooedDragon 5
SagaciousSighFiGurl 2
Emperor of Kingwood 3
the Markster 4
Butterbean 2
fuzz81 4
urabunchcats 2

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urabunchcats --- 214 days ago -

A woman died at age 65. She paid into the system for almost 50 years and collected NOTHING?

Keep in mind all the people that die every year that 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 case as welfare, 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*

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

This isn't 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 income before taxes.

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. (Lyndon Johnson)

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. (Isn't it funny that they NEVER say this about welfare payments?)
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. Just because they borrowed the money, doesn't mean that our investments were a 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 that 92% of our population who need it.

Then call it what it is: Our Earned Retirement Income .

"Those who would disrespect our flag have never been handed a folded one." 

the Markster --- 214 days ago -

Keep in mind all the people that die every year that 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.


Which begs the question. Why do regular people vote republican? btw. It would be nice to put a link with that story. Just to verify it wasn't made up. bc people do that. lol 

Butterbean --- 214 days ago -

Wow. Something that I can agree on with urabunchcats.

Sorta like defunding a program then blaming the failure on someone else. 

Butterbean --- 214 days ago -

Link (among several), (hopefully):

Social Security rename 

Emperor of Kingwood --- 214 days ago -

I'm usually through paying FICA for the year in April. If I could just have back all I've paid in over my life so I could invest it, I'd never collect SSI. 

AwesomeTattooedDragon --- 214 days ago -

You wouldn't HAVE to, Emp! 

SagaciousSighFiGurl (Mod) --- 214 days ago -

Travesty...but our govt hasn't got the guts to fix it or stop spending the money that 'we the people' earned for their retirement.

Just like a lot of Americans, living on credit, and someone has gotta make the payments. 

Emperor of Kingwood --- 213 days ago -

The more liberals can make people dependant on government the more power government has over peoples lives.

It harkens back to the monarchy where people are subjects of the monarch and therefore it became the monarchs reponsibility to "care" for their subjects thus creating a permanant subject class.

True Americans are not subjects they are citizens and self governed. 

the Markster --- 213 days ago -

True Americans are not subjects they are citizens and self governed.

bob bob bob
You, me, all of us are "subject" to the laws that govern us. You, me, anyone that served in our military have sworn an oath to defend the constitution against all enemies, foreign or domestic. The word citizen has little meaning when referring to where one was born. If you think you are free, then thats great. You are not. None of us are. One needs government to get a fishing license, a permit to protest, even a drivers license is a "privilege" not a right.
If you want to kid yourself. Knock yourself silly. Drink that kool-aid till you get your fill.
You are still subject. Liberalism just wants to spread the wealth evenly. We recognize trickle down is really tinkle on. 

the Markster --- 213 days ago -

^^^ That is exactly why I say CHL or Open carry is BS. No one needs a steeenking license to carry a gun. A pocket will do. 

SagaciousSighFiGurl (Mod) --- 213 days ago -

"Liberalism wants to spread the wealth evenly"

Its happening already with over half the people paying nothing, nothing into that pot. And you still want more. Lol 

the Markster --- 213 days ago -

And you still want more. Lol

In short. Id like to see the gap of the top and the bottom narrowed. Id like to see the return of the middle class. Hope that helps. 

AwesomeTattooedDragon --- 213 days ago -

Does that mean you want the bottom to pay taxes? Because the only way to narrow the gap is for the poor to pay taxes, and the rich to pay less- 

fuzz81 --- 213 days ago -

That doesn?t make any sense. The poor account for very little combined wealth. Increasing their taxes would net very little. 

AwesomeTattooedDragon --- 213 days ago -

I realize that, fuzz- Mark wants to close the gap more, so I was addressing his comment. 

fuzz81 --- 213 days ago -

I think he was referring to an income gap, not a tax gap 

AwesomeTattooedDragon --- 213 days ago -

How convenient for him. 

Emperor of Kingwood --- 213 days ago -

I think Mark means the income gap. In other words, Mark feels like people at the bottom of the income curve should get paid a lot of money even though they have no education, have invested nothing into themselves, chose to smoke pot, drink beer and make other poor life choices. They chose to have kids they couldn't afford and chose to live beyond their means. 

fuzz81 --- 213 days ago -

Wages have not kept up with inflation. There is an undeniable income disparity and sustainability problem in your country 

AwesomeTattooedDragon --- 213 days ago -

n response to Emp, that pretty much sums it up- 

fuzz81 --- 213 days ago -

feels like people at the bottom of the income curve should get paid a lot of money even though they have no education, have invested nothing into themselves, chose to smoke pot, drink beer and make other poor life choices. They chose to have kids they couldn't afford and chose to live beyond their means

Obligatory reminder that bob bought a house for his daughter because she couldn?t afford it. 

urabunchcats --- 199 days ago -

Survival of the fittest.

They are not willing or are incapable of doing their share.

Clean the pool.

Get out of the wagon and help us pull!
0 

kingwood resident --- 199 days ago -

The career politicians in Washington have been putting the screws to us by taking money from our social security. That money does not belong to the government it belongs to all of us. The first thing that Obama did when he took office he deprived us of a COLA raise which would help some with the increased cost of Medicare. After that he continued to take money out of our hard earned dollars. 

jackass --- 199 days ago -

All I can say for obama is that he left it better than he found it... 

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