[AT] Reagan Remembered (by Patti Davis) Off topic but greatreading

G.Dombaugh gdombaugh at 1kms.com
Mon Jun 14 06:09:04 PDT 2004


Here are some facts that should be considered on the Social Security
argument...
Garrell
_______________

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:

Q: Which Political Party took all of the Social Security savings from
the independent "Trust" fund and put them into the General fund so that
Congress could spend them?

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
immigrants?

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 Social Security!

Then, after breaking all of FDR's promises, raiding our accounts for
cash to spend on other programs, giving our dollars to people who were
never entitled to them, and violating the original contract (FICA)in
every other way imaginable, 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!




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