Monday, August 13, 2012

Slowly The Change Our Minds Read This




If you are receiving SS checks, have you noticed the name change.  How can they call it a Federal Benefit Check when it is our money (yours and your employers) that you are being paid.  If they had let us invest that money, we wouldn’t have to listen to the scare tactics of Obama and Biden and the rest of the democrats.

The Democratic Party wants you to be dependent on the government... I paid this money into a government account and they mishandled it and not want to call it my F B P /  Entitlement    BULL CRAP it is our money we invested it and earned it .... 

If I had a choice I sure would not have been in it.   My other investments did a heck of a lot better than what I put in the SS program

HJ



                          FYI...

                          SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT
PAYMENT'/ENTITLEMENT!

                          Have you noticed, your Social Security check
is now referred to as a "Federal Benefit Payment"?

                          I'll be part of the one percent to forward this.

                          I am forwarding it because it touches a
nerve in me, and I hope it will in you.

                          Please keep passing it on until everyone in
our country has read it.

                          The government is now referring to our
Social Security checks as a “Federal Benefit Payment.”
                          This isn’t a benefit – its earned income!
                          Not only did we all contribute to Social
Security but our employers did too.

                          It totaled 15% of our income before taxes.
                          If you averaged $30K per year over your
working life, that's close to $180,000 invested in Social Security.

                          If you calculate the future value of your
monthly investment in social security ($375/month, including both
                          your and your employer’s contributions) at a
meager 1% interest rate compounded monthly, after 40 years of
                          working you'd have more than $1.3+ million
dollars saved! This is your personal investment.

                          Upon retirement, if you took out only 3% per
year, you'd receive $39,318 per year, or $3,277 per month.

                          That’s almost three times more than today’s
average Social Security benefit of $1,230 per month, according to the
                          Social Security Administration (Google it -
it’s a fact).

                          And your retirement fund would last more
than 33 years (until you're 98 if you retire at age 65)!
                          I can only imagine how much better most
average-income people could live in retirement if our government had
                          just invested our money in low-risk
interest-earning accounts.

                          Instead, the folks in Washington pulled off
a bigger Ponzi scheme than Bernie Madoff ever did.
                          They took our money and used it elsewhere.
They “forgot” that it was OUR money they were taking.
                          They didn’t have a referendum to ask us if
we wanted to lend the money to them.

                          And they didn’t pay interest on the debt
they assumed.
                          And recently, they’ve told us that the money
won’t support us for very much longer.
                          But is it our fault they misused our investments?

                          And now, to add insult to injury, they’re
calling it a “benefit,” as if we never worked to earn every penny of
it.
                          Just because they “borrowed” the money,
doesn't mean that our investments were acharity!
                          Let’s take a stand.

                          We have earned our right to Social Security
and Medicare.
                          Demand that our legislators bring some sense
into our government –

                          Find a way to keep Social Security and
Medicare going, for the sake of that 92% of our population who need
it.

                          Then call it what it is:
                          Our Earned Retirement Income.

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