What the hell is wrong here?!!!!!

Published Date Author: , July 31st, 2011

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What in the world is wrong here?

Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you are an averaged only 30K over your working life, that’s close to $220,500. If you calculate the future value of $4,500 per year (yours & your employer’s contribution) at a simple 5% (less than what the govt. pays on the money that it borrows), after 49 years of working (me) you’d have $892,919.98. If you took out only 3% per year, you receive $26,787.60 per year and it would last better than 30 years, and that’s with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you’d have a lifetime income of $2,976.40 per month. The thugs in Washington have pulled off a bigger Ponzi scheme than Bernie Madoff ever had. Entitlement my ass, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn’t make my benefits some kind of charity or handout!! Congressional benefits, aka. free health care, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that’s welfare, and they have the nerve to call my self and employer funded retirement entitlements!!!! Emergency Rooms for the general health care of congress. At just one hospital the cost to tax payers totaled over 25 million a year!!! Someone please tell me what the HELL’s wrong with all the people that run this country!!!!!! We’re “broke” and can’t help our own Seniors, Veterans, Orphans, Homeless etc.??????????? In the last years we have provided aid to Haiti, Chile, Japan and Turkey. And now Pakistan the former home of bin Laden. Literally, BILLIONS of DOLLARS!!!

Our retired seniors living on a ‘fixed income’ receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$’s and Tons of Food to Foreign Countries! They call Social Security and Medicare entitlements even though most of us have been paying for it all our working lives. And now when it’s time for us to collect, the government is running out of money. Why did the government borrow it from us and spend in the first place?


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