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    1BEARWIFE   81,185
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History Lesson on Your Social Security Card

Monday, November 22, 2010

Just in case some of you young whippersnappers (& some older ones) didn't know this. It's easy to check out, if you don't believe it. Be sure and show it to your family and friends. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. Facts are Facts.
Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message, NOT FOR IDENTIFICATION, was removed.[9]

An old Social Security card with the "NOT FOR IDENTIFICATION" message.
Our Social Security

Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:

1.) That participation in the Program would be
Completely voluntary,

No longer Voluntary


2.) That the participants would only have to pay
1% of the first $1,400 of their annual
Incomes into the Program,

Now 7.65%
on the first $106,800


3.) That the money the participants elected to put
into the Program would be deductible from
their income for tax purposes each year,

No longer tax deductible


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,

Under Johnson the money was moved to
The General Fund and Spent


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

Under Clinton & Gore
Up to 85% of your Social Security can be Taxed

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 US

------------ --------- --------- --------- --------- --------- --------- -

Q: Which Political Party decided to start
giving annuity payments to immigrants?

AND MY FAVORITE:

A: That's right!

Jimmy Carter and the Democratic Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democratic Party gave these payments to them,
even though they never paid a dime into it!

------------ -- ------------ --------- ----- ------------ --------- ---------

Then, after violating 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!
If enough people receive this, maybe a seed of
awareness will be planted and maybe changes will
evolve. Maybe not, some Democrats are awfully
sure of what isn't so.

But it's worth a try. How many people can YOU send this to?

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  Member Comments About This Blog Post:

FURIAFOX 11/27/2010 12:51AM

    Any information that we get needs to receive our own research and study. This discussion has raised several interesting questions and political history is always a revelation. My grandparents used to fear the poor farm and I recall an old white house where elders were housed in Utah when they were indigent. No doubt our social welfare system has problems but why not improve it rather than toss it away. emoticon

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1BEARWIFE 11/22/2010 7:19PM

    Dear Giant Steps, Sorry, but it is YOU who have it wrong. Do some research (I certainly DID!), and you will see that every single claim is correct.

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ELSEEBEE 11/22/2010 6:59PM

    There are a lot of us baby boomers coming along, so our country better get busy and figure out how they're going to handle the coming crisis. I wish I had all the money I paid into DD over the years. I'd have a lot more income now than SS can provide.

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NOLAZYBUTT110 11/22/2010 6:15PM

    what I dont understand is how a man from Iran whose never worked a day in America can collect a Social security check every month! He lives here 6 month and 6 months in Iran every year. Whats this all about? Tell me how can a foreigner even recieve social security? This is what frustrates me!

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NOLAZYBUTT110 11/22/2010 6:12PM

    If more voters were informed BEFORE they voted, we may not be dealing with all these mistakes, but our system does not promote knowledge before, only after they make a mistake! And if more people really knew what Democrats are promting these days they would think twice to belong to that party! Democrats only have and always have put us in debt; never got us out of debt. They only spend! Republicans are the ones that promote saving and spending wisely!

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GIANT-STEPS 11/22/2010 6:12PM

  This gets pretty much everything wrong.

Social Security was never voluntary. Not everyone was in the system but it wasn't voluntary.

SS was never limited to the first $1,400 of income and 1% was only the initial rate; it was intended to gradually increase to 3% in the first decade of SS.

SS taxes were never deductible on federal income tax.

SS is not part of our government's general fund. Its money is loaned to other government programs (especially wars) through bonds though.

SS benefits became taxable income in 1983 when Ronald Reagan was in office.

Immigrants do not automatically receive SS benefits. In order to qualify for SS benefits you have to pay into SS for 40 quarters. My Mother-in-Law who has lived in this country her whole life does not qualify for SS benefits on her own because she hasn't paid into it for at least 40 quarters (though she does qualify for benefits under her husband who has).

There is a reason stuff like this is distributed as chain letters. Because they are mostly untrue. It's the authors of stuff like this that take advantage of uninformed people. One question I have is how much time did you spend researching the claims of this chain letter before posting it as gospel? Thought so.

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KAROUSELL46 11/22/2010 4:59PM

    I agree. It is UNFAIR for people who never paid into SS get it! Thanks for sharing...Karen

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PARKERB2 11/22/2010 4:16PM

    Thanks for the insight. It's very unfair that people who have never paid into Social Security gets it anyway. I totally disagree with that.

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