AlamoPA Mailing List: Fw: Government Rip Off!!!!

[Sallie Carlson (wacsc11945]

----- Forwarded Message -----
From: Robert Ahrenkiel <gp-bob11 [at] att.net>
To:
Sent: Thursday, January 19, 2017 6:29 PM
Subject: Government Rip Off!!!!

 

 

 

 

 

 

 

 

 

To: 

 

New name for Social Security

 

The real reason  for renaming our Social Security payments is so the government can claim  that all those social security recipients are receiving entitlements  thus putting them in the same case as welfare, food stamp  recipients. 
 
 
THIS IS WORTH  THE FEW MINUTES IT TAKES TO READ AND  DIGEST!

 
       F.Y.I.  By changing the name of  SS contributions it gives  them a means to refute this program in the future. It’s free money for  the government to spend under this guise.
 
 
       It is really sad to think that most people will just roll over and  accept this as if there is nothing that can be done, but maybe there is  if we make a little noise about our displeasure with what they have done  to today’s retirees.   I will pass this  on!!!!!

      The Social Security check is now (or soon will be) 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. 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 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 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 a charity!
 
    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. 
 
    99% of people won't forward this. Will  you?
 
    You can bet I WILL!!!