THE HISTORY OF SOCIAL SECURITY YOU SHOULD KNOW !!! IT IS A GIANT PONZI SCHEME PERPETRATED BY DEMOCRATS

Image result for photo of franklin d roosevelt

INAUGURATION OF FRANKLIN D. ROOSEVELT AS PRESIDENT OF THE U.S.

History Lesson on Your Social Security Card

Just in case some of you didn’t know this. It’s easy to 
check out, if you don’t believe it. Be sure and show 
it to your family and friends. They need a little history 
lesson on what’s what and it doesn’t matter whether 
you are Democrat or Republican. Facts are Facts.
Social Security Cards up until the 1980s expressly stated 
the number and card were not to be used for identification 
purposes. Since nearly everyone in the United States now 
has a number, it became convenient to use it anyway 
and the message, NOT FOR IDENTIFICATION, was removed.

Franklin Roosevelt, a Democrat, introduced the Social 
Security (FICA) Program. He promised: 

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1.) That participation in the Program would be 
Completely voluntary, 


No longer Voluntary 

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2.) That the participants would only have to pay 
1% of the first $1,400 of their annual 
Incomes into the Program


Now 7.65% 

on the first $90,000 

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3.) That the money the participants elected to put 
into the Program would be deductible from 
their income for tax purposes each year,
 


No longer tax deductible 

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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, 


Under Johnson the money was moved to 
The General Fund and Spent 

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5.) That the annuity payments to the retirees would never 

be taxed as income. 
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Under Clinton & Gore 
Up to 85% of your Social Security can be Taxed 

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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: 
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———— ——— ——— ——— ——— ——— —- 
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Q: Which Political Party took Social Security from the 
independent ‘Trust Fund’ and put it into the 
general fund so that Congress could spend it? 


A: It was Lyndon Johnson and the democratically 
controlled House and Senate. 

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———— ——— ——— ——— ——— ——— ——— — 
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Q: Which Political Party eliminated the income tax 
deduction for Social Security (FICA) withholding? 


A: The Democratic Party. 

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———— ——— ——— ——— ——— ——— ——— —– 
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Q: Which Political Party started taxing Social 
Security annuities? 


A: The Democratic Party, with Al Gore casting
the 
‘tie-breaking’ deciding vote
 as President of the 
Senate, while he was Vice President of the US 

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———— ——— ——— ——— ——— ——— ——— – 
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Q: Which Political Party decided to start
giving annuity payments to immigrants? 

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AND MY FAVORITE: 

A: That’s right! 


Jimmy Carter
 and the Democratic Party. 
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! 

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———— — ———— ——— —– ———— ——— ——— 
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Then, after violating the original contract (FICA), 
the Democrats turn around and tell you that the Republicans 

want to take your Social Security away! 

And the worst part about it is uninformed citizens believe it! 

I

 

About abyssum

I am a retired Roman Catholic Bishop, Bishop Emeritus of Corpus Christi, Texas
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One Response to THE HISTORY OF SOCIAL SECURITY YOU SHOULD KNOW !!! IT IS A GIANT PONZI SCHEME PERPETRATED BY DEMOCRATS

  1. marysong says:

    Thank you.

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