Quoted Text

Our Social Security
Franklin Delano. Roosevelt (Terms of Office March 4, 1933, to April 12, 1945), a Democrat, 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'



If  I recall correctly, 1958 is the first year that Congress, not President Eisenhower, 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 logic at that time was that there was so much money in Social Security Fund that it would never run out / be used up for the purpose it was intended / set aside for.


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 (Democrat, Term of Office:  November 22,1963 to January 20, 1969) and the democratically Controlled House and Senate.  


Question:     Which Political Party started taxing Social Security annuities?
Answer:     The Democratic Party, with Albert Arnold Gore, Jr. (Al Gore)  [Vice President Term of Office:  January 10, 1993 to January 20, 2001] casting the 'tie-breaking'  deciding vote as President of the Senate, while he was Vice President of the US


Question:   Which Political Party decided to start giving Annuity payments to immigrants?
ANSWER:  That's right!  JAMES EARL CARTER, JR.  (jIMMY CARTER)  (DEMOCRAT, TERM OF OFFICE:  JANUARY 20, 1977 TO JANUARY 20, 1981 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 PAI D A DIME INTO IT!  

Quoted Text

Main Entry: social security
Function: noun
Date: 1908
1 : the principle or practice or a program of public provision (as through social insurance or assistance) for the economic security and social welfare of the individual and his or her family; especially capitalized both Ss : a United States government program established in 1935 to include old-age and survivors insurance, contributions to state unemployment insurance, and old-age assistance
2 : money paid out through a social security program

Quoted Text

Main Entry: se·cu·ri·ty
Pronunciation: \si-ˈkyu̇r-ə-tē\
Function: noun
Inflected Form(s): plural se·cu·ri·ties
Date: 15th century
1 : the quality or state of being secure: as a : freedom from danger : safety b : freedom from fear or anxiety c : freedom from the prospect of being laid off
2 a : something given, deposited, or pledged to make certain the fulfillment of an obligation b : surety
3 : an instrument of investment in the form of a document (as a stock certificate or bond) providing evidence of its ownership
4 a : something that secures : protection b (1) : measures taken to guard against espionage or sabotage, crime, attack, or escape (2) : an organization or department whose task is security

Quoted from senders

"It never goes away and is always a leech-------what is it?"-----asks Alex Trebec

IS IT SOCIAL SECURITY?