What Happened to Our Retirement (Social Security)

America was founded on the principle of freedom from tyranny and being given the chance to make it with your own two hands without anyone’s help. It was founded on a system of laws to protect freedom and the weak and developed into a defender the weaker against the bullies who threaten the rest. We make mistakes just as any country does but many of our mistakes can be tracked strait back to Liberalism.

Many of the early liberals believe that what they are doing is the best for the people of this great nation like FDR. FDR started The Social Security Act in 1937 so that working people would put money away; it was a retirement plan for the working people. In 1939 it changed to include the spouses under death benefits. Once you retired, the annuity payments to the retirees would never be taxed as income. So far it is a good program but liberals can’t let good be if it can get them votes.

Due to action by the LBJ (a staunch liberal), in 1968 Social Security was from individual retirement accounts to the Trust Fund and added to the "unified budget." The verbiage was changed from “Social security Act Account” to “Social Security taxes”; the American people were just robbed of their retirement accounts. In 1972, President Nixon (yes he had liberal tendencies on social programs and was a Republican) changed the law again to include “Under certain conditions, immigrants can qualify for SSI benefits.” So now we the people have been robbed of our retirement accounts by LBJ; Nixon has now changed the law to give people who have never paid into Social Security our money, what else can happen. In 1993 under President Clinton, the tax raised from 50% to 85% the portion of Social Security benefits subject to taxation; the people were robbed again.

Since I know people out there is going to say I am bias, here is what Snopes says:


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 Social Security from the independent "Trust" fund and put it into the General fund so that Congress could spend it?

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 it!

Then, after doing all this lying and thieving and violation of the original contract (FICA), 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!

I am neither a Democrat nor Republican, I am an American and hate what both parties are doing to our country, the Democrats are worse but the Republicans are catching up with a vengeance. Liberals in both parties are the problem, Sam Nunn, Democrat from Georgia was a great Congressman; strait forward, honest, had integrity but today I can’t find one Democratic Congressman with those traits. I have researched 340 (give or take) of the 535 US Congressmen and there is only one so far I can’t find trash. From what I found, it is my conclusion that the top three most corrupt states were California, Illinois, and New York even though New Jersey, Pennsylvania, and DC do get honorable mentions; but was this really a surprise? No!

Our politicians need to stop giving our jobs to other countries, killing production and jobs in our country, and taking from the working class to give to the refusing to work class. For any of those out there who want to act like “Christians” and say this is cruel and not what we should do, doesn’t 2 Thessalonians 3:10 say “if anyone does not want to work, neither should he eat”, and that is in the New Testament.

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