T Nation

Social Security

received this as an email and thought it would make for a good post…

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

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 Democratically-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 U.S.

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

A: That’s right! Jimmy Carter and the Democratic Party. Immigrants moved
into this country, and at age 65, began to receive SSI Social Security
payments! The Democratic Party gave these payments to them, even though
they never paid a dime into it!

Then, after doing all this lying and thieving and violation 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!

Yet another post from you written by somebody else?
Come on buddy, what do YOU have to say?

what do I have to say?
Um, thought I already said it. I thought these were interesting, thought provoking (and if not at least argument provoking) articles and felt like posting them. If you want detailed descriptions of my political beliefs, ask me some specific questions?

But all in all, my motive, honestly, was just to stir up some crap. I saw an abundance of left-wing gibberish and thought I’d interject some right-wing gibberish. In truth, I’m really a moderate. I am registered as a republican because I agree mostly with that party’s principles. The way in which those principles are carried out in policy, however, is not always the best. Do I think that John Kerry has some interesting policy ideas? Sure, I do. However, some of his underlying principles, I believe, are fundamentally flawed. Call me simple-minded if you will, but I would choose a politician with whom I agreed on principle even if s/he were doing only a mediocre job compared to an exceptional policy maker whose principles are IMO wrong.