LATEST CHANGE BY THE CRIMINAL FEDERALES FOR REMOVAL OF YOUR SOCIAL SECURITY INCOME
as submitted by a concerned reader.....
By the 'government's' changing the name of SOCIAL SECURITY CONTRIBUTIONS, it gives the 'government' a means to refute (to say that something is not true) this program in the future. It’s 'free money' for the 'government' to spend under this guise (new name).
Subject: New SS Checks
The Social Security Check is now (or soon will be) referred to as….. a *Federal Benefit Payment*!!! Your Social Security Money was extorted under threat and duress from your pay under the pretext that it will be returned to you beginning at a certain age in the form as your Social Security payment is now to be called a *Federal Benefit Payment*!!!
It is
really sad to think that most people will just roll over and accept
this illegal deceptive maneuver as if there is nothing that can be
done. But maybe there is IF we make a LOT of NOISE about our displeasure and ANGER with what they have done to today’s retirees.
The 'government' is now referring to our Social Security checks as a "Federal Benefit Payment"!
This isn't a 'benefit'. It is our money paid out of our 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 forced contribution/investment in Social Security ($375/month, including both you and your employers 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 (oh, yes, they knew) 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. (Isn't it funny that they NEVER say this about welfare payments?)
But is it our fault they misused our contributions/ 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 contributions/investments were a charity!
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
This scam by the criminal 'federal government' touches a major nerve in me, and I hope it will in you.
Let's take a stand. We have earned our right to Social Security and Medicare.
Make your calls! Send faxes! Write your letters! Make personal appearance at their offices!
DEMAND that our 'federal' and state legislators bring some sense into our 'government'.
DEMAND they INCREASE our monthly benefits to reflect the HONEST AMOUNT THAT WE ARE ENTITLED TO (approx $3,300 month) instead of a mere pittance ($600 to $1,100 month) while they STEAL our funds and use them for their own pork and bacon programs.
If you are sick and tired of your Social Security funds being played with by the Wash DC criminals and thugs while you struggle to meet your bills each month, then for pete sake DO SOMETHING about it!
Social Security: CNBC Explains http://www.cnbc.com/id/43840296
President Franklin D. Roosevelt started Social Security
http://www.politifact.com/truth-o-meter/statements/2010/dec/08/barack-obama/barack-obama-description-how-social-security-medic/
Social Security: Why It Was Created and How It Works
http://social-security.lawyers.com/social-security-basics/social-security-why-it-was-created-and-how-it-works.html
4 comments:
This is fraud and thievery. Sue them and dEmand restitution for all the stolen money. Enough of this con and thievery of public monies owned by the people!
Invested,... with employers together,...federal benefit MY ASS!
The writer has no clue as to the true nature of SS. SS deductions from paychecks are nothing but a federal income tax. Look it up in the law yourself In Title 26 of the US Code, the code dealing with income taxes also called the Internal Revenue Code. It goes into the general funds of the government just like any other income tax does. There is not now, nor has there ever been a Social Security trust fund kept separate from the general funds. THAT IS THE FRAUD!
Payment of Social Security benefits are paid out under Title 42 of the US Code, called the PUBLIC HEALTH AND WELFARE. See chapter 7 of that code. Note the title. SS payments are nothing more than welfare payments entirely independent of the SS income tax under Title 26. YES, WELFARE!
The government could abolish the welfare payments completely and still collect the tax legally, although the scam would be up and there would be a revolution by the ignorant who believe what this article says is true. Anyone who has been paying SS has been scammed all along if you believe you are entitled to benefits for paying nothing more than an income tax.
YES, WE KNOW!!!
This FRAUD is the same FRAUD as THE FOREIGN CORPORATE MAFIA posing as our DEJURE government and not alerting the American people to this little detail. IF THEY ARE GOING TO POSE AS OUR DEJURE GOVERNMENT WHILE BEING ON THE TAKE THEN THEY DAMN SURE HAD BETTER ACT AS OUR GOVERNMENT AND PROVIDE FOR THE AMERICAN PEOPLE!!
Therefore, if they are going to ROB US OF OUR MONEY AND STATE THAT IT IS FOR A CERTAIN FUND/PURPOSE THEN THEY DAMN WELL HAD BETTER USE IT FOR THAT FUND!!! I DO BELIEVE THE WRITER OF THIS ARTICLE WAS TRYING TO CONVEY THAT VERY FACT.
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