OT: Worth reading and passing along
#1
Enjoy the show
VIP Member
Thread Starter
Join Date: Feb 2001
Location: The Joisey Shore
Posts: 10,353
Likes: 0
Received 0 Likes
on
0 Posts
OT: Worth reading and passing along
SOCIAL SECURITY:
(This is worth the read. It's short and to the point.)
Perhaps we are asking the wrong
questions during election years.
Our Senators and Congressmen do
not pay into Social Security and,
course, they do not collect from it.
Social Security benefits were not
suitable for persons of their rare
elevation in society.
They felt they should have a special
plan for themselves. Many years ago
they voted in their own benefit plan.
In more recent years, no
congressperson has felt the need to
change it. After all, it is a great plan.
For all practical purposes their plan
works like this When they retire, they
continue to draw the same pay until
they die, except it may increase from
time to time for cost of living
adjustments. For example, former
Senator Byrd and Congressman
White and their wives may expect to
draw $7,800,000.00 (that's Seven
Million, Eight-Hundred Thousand),
with their wives drawing $275,000.00
during the last years of their lives.
This is calculated on an average life
span for each.
Their cost for this excellent plan is
$00.00.
Nada.Zilch.
This little perk they voted for
themselves is free to them. You and I
pick up the tab for this plan. The
funds for this fine retirement plan
come directly from the General
Funds-our tax dollars at work!
From our own Social Security Plan,
which you and I pay (or have paid)
into-every payday until we retire
(which amount is matched! by our
employer)--we can expect to get an
average $1,000 per month after
retirement.
Or, in other words, we would have to
collect our average of $1,000.
monthly benefits for 68 years and
one (l) month to equal Senator Bill
Bradley's benefits!
Social Security could be very good if
only one small change were made.
And that change would be to jerk the
Golden Fleece Retirement Plan from
under the Senators and
Congressmen. Put them into the
Social Security plan with the rest of
us and then watch how fast they
would fix it.
If enough people receive this, maybe
a seed of awareness will be planted
and maybe good changes will evolve.
How many people can YOU send this
to?
Or will you just read this and ignore
your rights, saying what good would
it do? That's what most people will
do.....NOTHING!
(This is worth the read. It's short and to the point.)
Perhaps we are asking the wrong
questions during election years.
Our Senators and Congressmen do
not pay into Social Security and,
course, they do not collect from it.
Social Security benefits were not
suitable for persons of their rare
elevation in society.
They felt they should have a special
plan for themselves. Many years ago
they voted in their own benefit plan.
In more recent years, no
congressperson has felt the need to
change it. After all, it is a great plan.
For all practical purposes their plan
works like this When they retire, they
continue to draw the same pay until
they die, except it may increase from
time to time for cost of living
adjustments. For example, former
Senator Byrd and Congressman
White and their wives may expect to
draw $7,800,000.00 (that's Seven
Million, Eight-Hundred Thousand),
with their wives drawing $275,000.00
during the last years of their lives.
This is calculated on an average life
span for each.
Their cost for this excellent plan is
$00.00.
Nada.Zilch.
This little perk they voted for
themselves is free to them. You and I
pick up the tab for this plan. The
funds for this fine retirement plan
come directly from the General
Funds-our tax dollars at work!
From our own Social Security Plan,
which you and I pay (or have paid)
into-every payday until we retire
(which amount is matched! by our
employer)--we can expect to get an
average $1,000 per month after
retirement.
Or, in other words, we would have to
collect our average of $1,000.
monthly benefits for 68 years and
one (l) month to equal Senator Bill
Bradley's benefits!
Social Security could be very good if
only one small change were made.
And that change would be to jerk the
Golden Fleece Retirement Plan from
under the Senators and
Congressmen. Put them into the
Social Security plan with the rest of
us and then watch how fast they
would fix it.
If enough people receive this, maybe
a seed of awareness will be planted
and maybe good changes will evolve.
How many people can YOU send this
to?
Or will you just read this and ignore
your rights, saying what good would
it do? That's what most people will
do.....NOTHING!
#3
Enjoy the show
VIP Member
Thread Starter
Join Date: Feb 2001
Location: The Joisey Shore
Posts: 10,353
Likes: 0
Received 0 Likes
on
0 Posts
a friend passed it along. I've known this for a while now but I thought this said it well.
Pass is it on. This is nothing more than white collar theft.
Pass is it on. This is nothing more than white collar theft.
#5
Enjoy the show
VIP Member
Thread Starter
Join Date: Feb 2001
Location: The Joisey Shore
Posts: 10,353
Likes: 0
Received 0 Likes
on
0 Posts
At least pass it along to the people that you know in order to raise awareness of the issue. Maybe someone in the media would run with the story. Boy I'd like to see Dan Rather talk to a few politians about this one.