An "Entitlement???"
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Remember, not only did you contribute to Social Security but your employer did too. It totaled 13.3% of your income before taxes. If you averaged only 30K over your working life, that’s close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) you’d have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month. The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madoff ever had.
Entitlement!, I paid cash for my social security insurance!!!! Just because they borrowed the money , doesn't make my benefits some kind of charity or handout !! Congressional benefits , aka. free health care , outrageous retirement packages , 67 paid holidays , three weeks paid vacation , unlimited paid sick days , now that's welfare , and they have the nerve to call my retirement entitlements !!!!!!.....scroll down..............
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Emergency Rooms for their general health care at just one hospital the cost to tax payers
totaled over 25 million a year!!!
Someone please tell me what’s wrong with all the people that run this country!!!!!!
We're "broke" & can't help our own Seniors, Veterans, Orphans, Homeless etc.,???????????
In the last months we have provided aid to Haiti , Chile , and Turkey . And now Pakistan
home of bin Laden. Literally, BILLIONS of DOLLARS!!!
Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while
our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of
Food to Foreign Countries!
They call Social Security and Medicare an entitlement even though most of us have been
paying for it all our working lives and now when its time for us to collect, the government is
running out of money. Why did the government borrow from it in the first place?
We have hundreds of adoptable children who are shoved aside to make room for the adoption
of foreign orphans.
AMERICA: a country where we have homeless without shelter, children going to bed hungry,
elderly going without 'needed' meds, and mentally ill without treatment -etc,etc.
YET......................
They have a 'Benefit' for the people of Haiti on 12 TV stations, ships and planes lining up with
food, water, tents clothes, bedding, doctors and medical supplies.
Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.
"There are more instances of the abridgment of the freedom of the people by gradual and silent encroachments of those in power than by violent and sudden usurpations." --James Madison, speech at the Virginia Ratifying Convention, 1788
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