Everyone needs to know this. I received the following information from a very reliable source, and I feel it is important enough to put it out there, so that others may know the true history of our social security system.
Our Social Security
Franklin Delano Roosevelt – 32nd President, Democrat – Term of Office: March 4, 1933, to April 12, 1945 – 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:
Dwight David Eisenhower – 34th President, Republican, Term Of Office: January 20, 1953 to January 20, 1961
Insert by Vincent Peter Render,
If I recall correctly, 1958 is the first year that Congress voted to remove funds from Social Security and put it into the General Fund for Congress to spend.
If I recall correctly, it was a Democratically Controlled Congress.
From what I understand, Congress’s logic at that time was that there was so much money in Our Social Security Fund that it would never run out/be used up for the purpose it was intended/set aside for.
Lyndon Baines Johnson – 36th President, Democrat – Term Of Office: November 22, 1963 to January 20, 1969
Question: Which Political Party took Social Security from the Independent “Trust Fund” and put it into the General Fund so that Congress could spend it?
Answer: It was Lyndon B. Johnson and the democratically controlled House and Senate.
Question: Which political party eliminated the income tax deduction for Social Security (FICA) withholding?
Answer: The Democratic Party.
William Jefferson Clinton (Bill Clinton), 42nd President, Democrat – Term of Office: January 20, 1993 to January 20, 2001
Albert Arnold Gore, Jr. (Al Gore), 45th Vice President, Democrat – Term of Office: January 20, 1993 to January 20, 2001
Question: Which political party started taxing Social Security Annuities?
Answer: The Democratic Party, with Albert Arnold Gore, Jr. casting the “tie-breaking” deciding vote as President of the Senate, while he was Vice President of the US .
James Earl Carter, Jr (Jimmy Carter), 39th President, Democrat – Term of Office: January 20, 1977 to January 20, 1981
Question: Which political party decided to start giving annuity payments to immigrants?
Answer: That’s right! James Earl Carter
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!
In addition, 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 is not so.
AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!
Thomas Jefferson, 3rd President, Democrat – Term of Office: January 20, 1801 to January 20, 1809
“A government big enough to give you everything you want, is strong enough to take everything you have..”
- Thomas Jefferson
