FYI...

SOCIAL SECURITY is NOW CALLED “FEDERAL BENEFIT PAYMENT / ENTITLEMENT”!


Have you noticed, your Social Security check is now 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 – its 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 your and your employer’s 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” 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. But is it our fault that 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 – Then call it what it is:


Our Earned Retirement Income.



Real worth requires no interpreter: its everyday deeds form its emblem.
Nicolas Chamfort

http://www.brainyquote.com/quotes/authors/n/nicolas_chamfort_2.html#ixzz1i1uGHPtW

Finally.
Barry did something right.

Wrong... do you even read the REAL facts!!!

This isn’t a benefit – its earned income! Not only did we all contribute to Social Security but our employers did too.
It totaled 15% of our income before taxes.

At this point I should point out a maxim of law that pertains to this issue in more ways than anyone would want to acknowledge.:

"He who takes the benefit must bear the burden."

In other words, there is absolutely no benefit to a "benefit." it is really a legalese way of saying you are a beneficiary managed by a trustee (the government) who calls the shots as your "owner".

Free people don't get benefits, only widows, orphans and slaves under someone's charge.

(Just thought I'd fill you guys in on the fast one they are trying to pull.)

I already Know.

It is my contention that only EMPLOYEES of the federal government should get federal "benefits". A "US citizen" is classed as an employee of the US (a corporation) and therefore a "subject" to thatcorporations rules & regulations...one of which is income tax. (Since most "employees" of the federal government are actually working for nothing, the "government " MUST provide some benefit, or they could be charged with "unjust enrichment", tantamount to fraud...The citizens are already bearing the burden, so to be "lawful" they must get some "benefit" for their service.)

People have often wondered how their income could be taxed when it is clearly "unconstitutional" The following should provide a clue on how this was done (or at least raise some serious questions & red flags):

http://www.notfooledbygovernment.com/taxed%20income.htm

People seem to have this idea that Social Security is their private savings account. That is not what it is. It certainly doesn't qualify as "earned income," either, according to the way the IRS defines that. It is, in fact, a benefit provided by the federal government from taxes that have been collected.

Oh, and income tax is as constitutional as the 16th amendment.

Social security was SUPPOSED to be the peoples' pension fund; a public pension whose money was to be held in trust by government until those paying into it all their lives, retired to collect their pension.

The lure of all that money held in trust proved to be too much for the thieves in government, as Clinton, in a clear breach of the public trust, looted it to make the books look better during his presidency. That money is GONE now, but the government's commitment to pay off on the pensions remains, only they have no money for the payout...this only adds needlessly to the government's deficit.

Were you aware that 20% of the national debt is in fact the debt owed by the government to the American people as a result of the social security account? The 20% figure being owed to the American people is actually a lie of sorts, because almost the ENTIRE DEBT IS FRAUDULENT in the first place. The Fed has spent the last 100 years quietly robbing the American people thru fraudulent lending practices. All that money they made rightfully belongs to the american people, NOT the principals of the Fed.

Gov't quit caring when "tarring and feathering" and "running them out on a rail" became "against the law".... guess who made the laws......

yep,SS,probably be better off if you had "Invested" with the Mafia!

Some SS is an entitlement and some like SSI is a set aside.

Some SS is an entitlement and some like SSI is a set aside.

You mean we didn't?