Friday, June 20, 2008

Who is REALLY taking your Social Security?



FDR (Democrat) - Created Social Security, however to his credit, his original contract with America 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

  5. That the annuity payments to the retirees would never be taxed as income.

So what happened????




  • 1963 - Lyndon Johnson (D) and the Dem controlled house and senate moved the funds out of the trust fund, into the general fund, so congress could direct the usage of those funds.

  • 1970s - Jimmy Carter (D) and the Dem controlled congress voted to start giving payements to illegal immigrants that never paid into the system.

  • 1990s - Bill Clinton (D) and the Demcratic House, and Republican Senate, voted to start taxing 85% of the social security payments being received. Though the Senate was republican, the initial vote ended up in a tie. The tie breaking vote came from Al Gore (D), allowing it to be sent to Bill for signing.

So after inventing it in the 30s, spending it starting the 60s, giving it away in the 70s, and taxing it in the 90s....now the Dems want you to belive it is the Republicans that are killing Social Security.


Wake up America!

2 Comments:

Blogger Jen said...

I've said it before and I'll say it again. Silly demodummies running the country is for Rewpublicans!

12:37 PM  
Blogger Jen said...

Sorry, I mispelled Republicans...

12:38 PM  

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