Sunday, July 11, 2010

Social Security question? Something to Think about.?

Why is it that my parents 44 and 45 have paid into social security since they were 15 or 16 but are projected to get nothing from social security since it will be bankrupt by the time they are old enough but illegal immigrants who have never paid into it manage to get money from social security?





Did you know that illegal immigrants according to the lowest estimates you the taxpayers 338.3 BILLION DOLLARS!!





Why are Americans taking this?

Social Security question? Something to Think about.?
I was told the same thing back when I was your parents age. I'm now 74 and have been collecting my SS, which I began paying in to when I was 14, for over 12 years now. You've been fed a lot of mis-information about SS, benefits will be paid for as long as can be seen into the future. No illegal immigrants that have not paid into the system will draw SS benefits. All this information can be obtained from the SS administration if you'll take the time to make inquiries. Don't listen to people who's agenda is to demoralize America. Good luck
Reply:There are a lot of people (more than just illegals) - whole neighborhoods in some cities (like mothers with 10 kids to 10 different fathers - not married to any of them) - we are all supporting with our tax dollars
Reply:Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:





1.) That participation in the Program would be completely voluntary,








2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program





3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,





4.) That the money the participants put into the independent "Trust Fund" rather than into the General operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other Government program, and,





5.) That the annuity payments to the retirees would never be taxed as income.





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:





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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 democratically controlled House and Senate.





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Q: Which Political Party eliminated the income tax deduction for Social Security (FICA) withholding?





A: The Democratic Party.





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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 .





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Q: Which Political Party decided to start giving annuity payments to immigrants?





This is MY FAVORITE:





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!





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Then, after doing all this lying and thieving and violating of the original contract (FICA), the Democrats turn around and tell you that the Republicans want to take your Social Security away!





And the worst part about it is uninformed citizens believe it!
Reply:Good question. I don't think SS will be dissolved when your parents get old enough to receive SS checks. But the government has been using the money from SS to pay for wars, military industrial corporate complex run ups in the budget, to pay for subsidies and grants to multi billion dollar profiting corporations who already have huge tax write offs and offshore accounts to hide their earnings and other accounting places to hide it. Our government started doing this under Ronald Reagan. People who consider him the greatest president are clearly ignorant and delusional. But brace yourself because Bush's North American Union are going to bring up more illegals to suck our tax dollars and jobs from us and we are currently in a war that will also suck up our taxes. And, it is Bush that wants to extend Social Security to illegals, as per the article I list down below. But then again, shouldn't people who pay into the system also receive the benefits no matter where they are from? I know I sound a little contradictory here but it's not an easy issue.








Taylor G...... You're wrong about the history of Social Security in general and about the illegals receiving Social Security. they don't. They pay into the system but they don't receive the benefits. Please read these to get the facts.


http://www.ssa.gov/history/InternetMyths...


http://www.ssa.gov/history/InternetMyths...


http://www.cnsnews.com/ViewPolitics.asp?...


http://www.nytimes.com/2005/04/05/busine...
Reply:Bankrupt in "2041"???


If nothing is done for the next 36 years, until the trust runs out, Social Security will still be able to pay 70–80% of promised benefits just from normal payroll taxes. Second, if you want to call that bankrupt then private accounts will go bankrupt in 2025. Of course, neither is true, the government will just borrow the money and/or raise taxes. It just needs several trillion more under private accounts.





How accurate is "2041"?


Not very accurate. The Congressional Budget Office estimates the trust won't run out till 2052, and the SSA makes a wide range of estimates with 2041 listed as most likely. But even some of the President's own OMB uses more optimistic economic forecasts.





At the end of 2025 the combined Social Security Trusts will contain $ 3,772,800,000,000.
Reply:I'm am a human being first and an American second. I personally don't care that my money is aiding an illegal. I don't believe that it is right to enter the country illegally but I do believe that these people are here and because of that they deserve to become apart of the system. If my money can aid them or any other person who benafits from my taxes, I support it 110%.
Reply:You need to tidy up your facts. The SOCIAL SECURITY Administration has made NO such projection concerning your parents. Rush Limbaugh and a number of Right-leaning special interest groups have predicted that the system will go bankrupt using calculations and financial scenerios of their own choosing. This opinion was fostered in large part by the proponents of the President's now-tabled efforts to establish Retirement Savings Accounts through traditional banking, market, and investment mechanisms that promised better returns, as a means of gradually phasing out the current Social Security system.





Although I don't believe ILLEGAL aliens should draw from the funds due to the use of forged, doctored, and stolen credentials, the fact remains that many did, in fact, pay into the system and didn't claim refunds based on those payments because of the fear of getting caught. Others only used the SSN to GET a job and then quickly destroyed the phony documents. Meanwhile, payments were indeed being taken from their paychecks and added to the general fund.





Again, I'd have to be on the side of "denying" benefits to users of dubious credentials, so that would have to be a wash. But don't believe that they have not paid into the system.


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Reply:Well, first, Social Secruity isn't going broke.





Second, the only people who get social security are either citizens or foreigners who have paid into the system.





The figures you quote are prue fiction.
Reply:Most of that information, is used in the political arena, to scare the people , The truth is that most of the baby boomers,won't be her on earth the next 10 or 15 Years, they will pass away like myself, the government will have a real revolution on its hands, all a total lie, We give billions to buy friendship in South America, Africa, Mid East, Far East, European country's, even Arab Country's. All these country's have there own riches of there own, oil,gold , blood diamond's, silver ,copper, you name it ,But the leaders of all those country's are greedy , R.C.A. own by Japanese most Corporations now days are own by foreign country's, good old Quaker Oats, Hershey's most investors are from other country's, in all are corporations. Big business gave the Americans the business. They even have the nerve to put there money over seas in banks. if it gets bad the government will nationalize, if it affects are National Security.

cosmetic

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