Social Security-For Who?

[Crazy Horse]

SOCIAL SECURITY: (This is worth the read. It's short

and to the point. )



Perhaps we are asking the wrong questions during

election years. Our Senators and Congressmen do not

pay into Social Security and, of course, they do not

collect from it. Social Security benefits were not

suitable for persons of their rare elevation in

society.



They felt they should have a special plan for

themselves. 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), with their wives drawing $275,000. 00

during the last years of their lives. This is

calculated on an average life span for each.



Their cost for this excellent plan is $00. 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 $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 (l) month to equal Bradley's

benefits!



Social Security could be very good if only one small

change were made. And 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 and then watch how

fast they would fix it.



If enough people receive this, maybe a seed of

awareness will be planted and maybe good changes will

evolve.



How many people can YOU send this to?

 

[mdlowry]

This has been know for a while. Actually when Socialist Security was first started, the government would allow people to opt out of the system if they had some other (approved?) program. Few did this. There is still some place around that do not pay in.

I don't see Socialist Security changing anytime soon. At least any substantive changes. It seems most people feel they have the right to demand of the government that they be provided with the necessities of life. It may just be something small, like a retirement, or even as much as heat, water, housing, food, etc. In addition to this, Socialist Security is used as a political tool by the polititions.

Socialist Security is going broke. Most of the fixes that have been proposed to the scheam so far have been either cut benifits or raise taxes. This is not a fix. This only will put off the day when the "trust fund" will go broke. It will happen long before I even think of retiring (I'm 29). Unless things change before then, I suspect another socialist scheam will be proposed to "fix" this broken one.

mdlowry

 

[mdlowry]

I looked around briefly for exemptions to Socialist security. It seems it had to have been a government program to qualify. Cities and states were allowed to opt out. Here's a letter from a LEO in TX.

A .pdf file from the Cato Institue:

http://www.socialsecurity.org/pubs/ssps/ssp16.pdf