I have a bit of a rant, today. I received the following in an e-mail, and I have to tell you, I feel the same way. Remember the Gray Panthers? I put on my activist hat when it comes to Social Security. At the end of this year, I will be old enough to apply for 'early' Social Security. I have every intention of doing just that. I'm sorry, but I don't trust our government, especially when it comes to matters of the public trust. They have let us down time and time again. Social Security began as a forced savings program to allow those that live long enough, to have some income. Why on earth did we let those bastards steal our money? Makes me feel like screaming "To arms! To arms! The Bureaucratic Morons are coming". Read this, then tell me how you feel.....
WHAT IS WRONG WITH US????
.
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 (me) you???d have
$892,919.98. If you took out only 3% per year, you receive $26,787.60
per year and it would last better than 30 years, 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 Madoff ever had.
Entitlement my ass , I paid cash for my social security "insurance"!!!!
Insurance is what they called it, but, if any insurance company handled
your money the way the US government did, the State regulators would
shut it down and the executives would be charged with fraud.
Just because they "borrowed" the money , doesn't make my benefits some
kind of charity or handout !! Congressional benefits, aka. free health
care, outrageous retirement packages , 67 paid holidays , three weeks
paid vacation , unlimited paid sick days , now that's charity, welfare,
and they have the nerve to call my retirement ??? entitlements ???
Someone please tell me what the HELL's wrong with all the people that
run this country!!!!!!
We're "broke" & can't help our own Seniors, Veterans, Orphans. We are
about to cut their benefits to save money.
Yet, in the last months we have provided aid to Haiti, Chile, and
Turkey. And now Pakistan, the country that gave sanctuary to bin laden.
Literally, BILLIONS of DOLLARS!!! Our retired seniors living on a 'fixed
income' receive no aid, not even annual COL increases because their
fudged numbers show the there has been no inflation for, how many now, 3
years????) nor do our seniors get any breaks while our government and
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 and now when its
time for us to collect, the government is running out of money. Why did
the government steal, I mean "borrow" from it in the first place?
We have hundreds of adoptable children who are shoved aside to make room
for the adoption of foreign orphans.
AMERICA: a country where we have homeless without shelter, children
going to bed hungry, elderly going without 'needed' meds, and mentally
ill without treatment -etc,etc.
Imagine if the GOVERNMENT gave 'US' the same support they give to other
countries.
SAD?
YEAH, OK, SO WHEN DO WE GET ANGRY ENOUGH TO DO SOMETHING ABOUT IT?????
I think it's time we start a revolution. Give us back our country! Now! What has happened to common sense? What has happened honesty in government? Do you really understand what Social Security was meant to be? Click here. Okay, who's up for some revolution?
Once again, I want to thank you for leaving comments. It means so very much. I also want to say, God bless you. I hope everyone has a happy and productive week and that you get all the rest you need today. I know I'm not the only one that has some stress concerning a lifestyle change. Here is something I want you to watch. I think all of life's answers are contained within this piece of literature.
A little ranting and raving is good for the soul, isn't it?
Michael
Unfortunately I fall into the group (under 50) that will have serious problems getting the benefits I paid for since I started working at age 15. I agree, SS isn't an entitlement and to hear Obama say that checks won't go out after August 2nd unless they come to terms when SS isn't affected one iota by the August 2nd date is infuriating and shows he is doing exactly as he claims the Republicans want to do which is shove Granny over a cliff.
ReplyDeleteI'm frustrated with both parties, they care about what can be done for them and to gain political ground the American public be damned and it's time that changed.
Nobody is running that can do anything about it because an honest person would be eaten alive in Washington, so be prepared for it to get much worse before it gets better. :(
Erik
Eric~you hit the nail on the head. I am close to receiving my SS, even though they changed my full date to age 66. You young guys(and gals) are going to get a screwing.(pardon my language). Time to protest the morons protecting our 'investment'.
ReplyDeleteMorning amigo. I figure if I live to be 80 [about to turn 69] and if I don't count what the employers put in nor accumulated interest, I'll have back almost exactly what I put into the SS Trust Fund out of my own paycheck. Provided the house of dominoes doesn't collapse.
ReplyDeleteOn the other hand, it might be a bit late in the day for a revolution. Militarized police forces and an all volunteer military will be a lot less hesitant to fire on US citizens than the old timey conscripted military would have been. The people who fanticize about shooting it out with them aren't taking infra-red, attack helicopters, sniperscopes, and one hell of a lot of training fighting people a lot tougher than most of us and generally succeeding.
We've sat by and allowed them to build the precise military force best qualified to squash any future ideas we might have about changing things.
Best just cross our fingers and keep our heads down hoping for the best. I'm personally too old to become John Dillenger or Jesse James and still too young to want to get my face shot off some morning when I step out to piss.
Jules~We are smart enough to have a revolution without violence. You are right, 'they' have more weaponry and such. WE on the other hand have what counts. We have the vote. Now if we could get good choices, not just the lesser of two evils, we would have it made.
ReplyDeleteI'm drawing SS right now because I took the early retirement! Just in the last couple of years, I've had my benefits reduced two times!
ReplyDeleteNo wonder that none of us trust the government!
Herm~See? Of course, I knew I was hitting on a sore spot. How can they reduce your benefits?
ReplyDeleteMichael, we took the early retirement, too. We have lost too many friends and loved ones either right after they retired or just before they could. Not happenin' to us! I'm so glad you're getting out there while you can still hold the ol' hoss up. When the time comes that the eyes can no longer see as well, the muscles no longer have the strength, we'll re-evaluate. Until then, we're all gonna have some fun! Can't wait until you're ready to hit the road, too. We shall ride and ride and ride, my Friend!
ReplyDeleteKitty~Oh yes...a 1000 times yes! And I agree. All my old guys didn't make it or were gone soon after. I do have a riding buddy that is 75. He will roust us 'young' guys at the rest stop. "Get on those horses boys, were wasting' time" he will say. I love it.
ReplyDelete