|
Perhaps we are asking the wrong questions
during election years.
Our Senators and Congresswomen do not paying into
Social Security and, of course, they do not collect from it.
You see, Social Security benefits were not suitable for
persons of their rare elevation in society. They felt they
should have a special plan for themselves. So, many
years ago they voted in their own benefit plan....
In more recent years, no congressperson has
felt the need to change it. After all, it is a great plan. For all
practical purposes their plan works like this:
When they retire, they continue to draw the same pay until
they die. Except it may increase from time to time for cost
of living adjustments.
For example, former Senator Byrd and Congressman White
and their wives may expect to draw $7,800,000.00 (that's Seven
Million, Eight-Hundred Thousand Dollars), with their wives
drawing $275,000.00 during the last years of their lives
This is calculated on an average life span for each of those two Dignitaries.
Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives.
Their cost for this excellent plan is $0.00. NADA.... ZILCH....
This little perk they voted for themselves is free to them.
You and I pick up the tab for this plan. The funds for
this fine retirement plan come directly from the General Funds;
"OUR TAX DOLLARS AT WORK"!
From our own Social Security Plan, which you and I pay (or have paid) into, -every payday until we retire (which amount is matched by our employer)- we can expect to get an average of $1,000 per month after retirement.
Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Bill Senator Bradley’s benefits!
Social Security could be very good if only one small change
were made. That change would be to jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen.
Put them into the Social Security plan with the rest of us ...
then sit back and watch how fast they would fix it.
If enough people read this, maybe a seed of awareness will be planted and maybe good changes will evolve.
How many people can YOU send this to?
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 Madhoff ever had.
Entitlement my ass , I paid cash for my social security insurance!!!! Just because they borrowed the money , doesn't make my benefits some kind of charity or handout !! Congressional benefits , aka. 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 retirement entitlements!...................
What the HELL's wrong? WAKE UP AMERICA !
Tuesday's Daily Bulletin paper ran two articles on the front page side by side :
1- Calif 's 20 Billion Dollar Budget Deficit
2- The Calif Supreme Court ruling that ILLEGALS can attend college and get benefits.
Why don't they just deport them when they arrive to register?
3- Last year they ran an article on the yearly costs to Calif Taxpayers from Illegals using Hospital Emergency Rooms for their general health care.
At just one hospital the cost to tax payers totaled over 25 million a year
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, Homeless etc.?
In the last months we have provided aid to Haiti , Chile , and 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 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 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.
YET...
They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with food, water, tents clothes, bedding, doctors and medical supplies.
Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.
Sad isn't it?
treblig.net is owned and maintained by
David G
>Disclaimer
treblig.net is owned and maintained by
David G
treblig.net is owned and maintained by
David G
|
