What Are Your Entitlements?
Quote from FDR: “No d*** politician can ever scrap my social security program.”- Franklin Roosevelt
This was sent to me by my Sister, who is not REAL politically active, but she can get her dander Up.
Original Author Unknown…
Ever wonder about the Social Security Money paid in by people who never lived long enough to collect?
WHERE DID THAT MONEY GO?
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 $30 K 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% 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 & it would last better than 30 years (until you’re 95 if you retire at age 65) & that’s with no interest paid on that final amount on deposit! If you bought an annuity & 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 ass!!!
I paid cash for my social security insurance!!!!
Just because the Government 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” & can’t help our own Seniors, Veterans, Orphans or the Homeless. In the last months we have provided aid to
Haiti, Chile, & 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 & 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 & 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?
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