eagleye13 Loc: Fl

SOCIAL SECURITY CARD !

Dick Kantenberger
Gifted Education Writer
Examiner.com

History Lesson on Your Social Security Card

Just in case some of you young whippersnappers (& some older ones) 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 th United States now has a number, it became convenient to use it anyway and the
message, NOT FOR IDENTIFICATION, was removed.

An old Social Security card with the "NOT FOR IDENTIFICATION" message.


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


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

No longer Voluntary


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


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

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


5.) That the annuity payments to the retirees would never be taxed as income.


Under Clinton & Gore
Up to 85% of your Social Security can be Taxed


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:


------------ -------

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.



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

A: The Democratic Party.


------------ --------- -------

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


------------ ---------


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


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!


------------ -- -----------

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!
If enough people receive this, maybe a seed of evolve.
But it's worth a try.

How many people can YOU send this to?
Actions speak louder than bumper stickers

PLEASE DO KEEP THIS ONE ROLLING ACROSS THE COUNTRY. HOPEFULLY IT WILL OPEN A FEW EYES!!!!!!!

Bevos

It is just like the "blacks" think it is the Republicans that keep them Down and DEPENDENT! It's NOT, it is the DEMOCRATS that do!!! And THEY, the DEMOCRATS, are the SCUM that are destroying our Country!!!

PLEASE tell me how to send this to Facebook

MarvinSussman

Plenty of Republicans voted with the Democrats to defeat SS. In fact, the impetus came from the budget-cutters from both parties, especially the Republicans. The more conservative, the more they want to cut spending and cut taxes for the rich. Be honest. Read the following:

A PURELY RATIONAL VIEW OF CONGRESSIONAL SPENDING AND TAXING CONTAINING NO OPINIONS, ONLY FACTS AND LOGIC.

The intention of this essay is to convince voters that Congress has the power and the duty to create a strong and prosperous nation. If you find no fault with the following facts and logic, please copy and distribute the essay as widely as possible.

Our Constitution enables Congress to spend without income and sets no limit on its spending. (The words “income” and “deficit” do not appear anywhere in Madison’s Constitution.) Hence, Congress has primary responsibility for our economy. The President can only influence Congress in its spending.

Congress could spend without borrowing if it would only rescind its law that requires that the Treasury, by auctioning interest-bearing treasuries, borrow an amount at least equal to the annual federal budget deficit. Under the former gold standard regime, by offering savers a better investment than gold, that law protected our gold supply from depletion. The gold standard regime was dropped when our large trade deficit allowed foreign nations to threaten depletion of our gold supply. Since 1973, we have been under a fiat currency regime and have no need to protect our gold supply. Still enforced, the law unnecessarily increases federal debt and inhibits Congressional spending to build new infrastructure.

Those auctions are still said to prevent inflation by removing cash from the economy but the ultra-safe treasuries can also be posted as collateral for bank loans, yielding the equivalent in cash. During the past six years, the Fed has converted such privately-held assets worth over $3T into cash and is still worried about deflation! Congress can indeed spend without borrowing and unnecessarily increasing our debt.

For Congress, money is only a means of keeping score and is never a store of value. Congress can increase the value of the FEMA, Highway, Medicare, and Social Security trust funds without limit. To provide infrastructure everywhere, free universities, medical care for all, and sustenance for all not able to work, Congress needs only physical resources and time, limited only by the onset of harmful inflation.

Inflation is caused by too much money buying too few resources (goods and services) and is harmful whenever moderate interest rates cannot keep annual inflation below 3%. By promoting investment over saving, annual inflation between 2% and 3% is beneficial. Annual inflation below 2% is dangerously close to deflation, which is a disaster caused by too little money buying too many resources.

As its main purpose, federal taxation reduces inflation by confiscating money from consumers. When Congress under-taxes and/or over-spends, it causes harmful inflation, the only limit on Congress’ spending. When Congress over-taxes and/or under-spends, it causes harmful unemployment.

By consuming resources, Congress’ spending increases inflation, decreases deflation, and combats recessions. By consuming sufficient resources, Congress’ spending can bring recessions to an end.

More and/or better infrastructure improves our productivity and reduces our costs. Our nation’s wealth is increased whenever Congress, through private contractors, builds infrastructure by hiring people and resources that would otherwise remain idle. Also, the newly hired people combat deflation by their increased spending, which also promotes recovery from recessions. The Constitution obliges Congress to “secure the Blessings of Liberty to ourselves and to our Posterity.” When idle resources are available, failure to build infrastructure cheats our grandchildren out of their rightful inheritance.

The “frictional” unemployment rate is that irreducible amount, generally assumed to be less than 4%, caused by people changing their occupations. Higher rates are due to chronic underspending by a Congress afraid of inflation that is mainly caused by bank lending, which creates the vast majority of our currency. The cure is better bank regulation, opposed by many in Congress! In the past century, the only serious inflations were caused by wartime or oil shortages, not by ordinary Congressional spending.

Pricing average annual construction labor at $40,000 and assuming that we have 150 million able workers, each percentage point of unemployment represents $60B of infrastructure not produced. Over our past 40 years of fiat currency, we have lost $2.4T worth of assets for every percentage point of average unemployment and its equivalent in underemployment and non-participation in the work force. At a 5% average excess unemployment rate, infrastructure worth $12T could have built enough energy resources and desalination plants to allow all our deserts to bloom and feed the world’s populations.

The above statements are true regardless of any federal debt. The so-called “debt crisis” is actually a potential inflation problem. If, within a brief time, a large number of treasury holders were to trade their treasuries for cash and spend all of it, harmful inflation could occur. However, those treasury holders would make such a trade and then get rid of all their US dollars only if, by our failure to maintain and renew our infrastructure for our grandchildren, we allow other nations to far exceed our productivity, surpass our manufacturing proficiency, and dominate us commercially in the world market.

Congress mandated the Federal Reserve System to seek “…maximum employment, stable prices, and moderate long-term interest rates…” In fact, it is only Congress itself that can directly carry out the “maximum employment” mandate by using its spending power to build infrastructure. Thus, Congress has shifted this critical responsibility onto a subordinate incapable of succeeding in the task.

Our future will be prosperous only if voters choose members of Congress who understand how building infrastructure affects the economy and “our Posterity”. Vote only for those who will rebuild America!
© 2015 Marvin Sussman All Rights Reserved. Permission granted only to copy entirely.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This essay was inspired by the following authors: (e-books are available for about $10.)
*Mark Blyth, Brown U. Prof. of International Political Economy, author of “Austerity”, (Oxford U. Press)
*Francis X Cavanaugh, US Treasury economist for over 30 years, author of: ’’The Truth about the National Debt: Five Myths and One Reality’’ (Harvard Business School Press);
*Dr. Stephanie Kelton, Chair of the UMKC Economics Department, at NewEconomicPerspectives.org and, currently, Chief Economist of the Senate Budget Committee.
*Warren Mosler, economist, author of: ‘’Seven Deadly Frauds of Economic Policy’’ (Oxford U Press);
*Frank N Newman, former Deputy Secretary of the US Treasury, author of: ‘’Freedom from National Debt” (Two Harbor Press)

MrEd Loc: Georgia

The easiest way is to do a copy and past...................

eagleye13 Loc: Fl

Yes; it just doesn't translate real well some times, but better than nothing.

trucksterbud

The best thing for ALL americans to do is to realize the following 3 things:

1) The Federal Reserve Bank is a scam run by and for the global elite criminal cabal.

2) It is congress's duty to operate the nation 'debt free' under the original organic constitution.

3) The Social Security Card and its resulting scam on the people is administered by - you guessed it - CONGRESS.

If congress was really doing their job, there would be plenty of money to go around. There was a financial analyst who wrote on this several years ago. He flat out stated that if congress was to pay 5% interest on Social Security monies (and each American with funds invested in this massive scam had an individual account) at age 65 we would all have about $892,000 in our accounts. Keep in mind here that the US DOES INDEED pay our debt holders (which now includes China) 5% interest on the money.

Now on to the worst part, and would cause a revolution by morning if all AMERICANS understood this. If the Tax Retirement Fund advocated by Walter Burien on his www.CAFR1 site were enacted, the massive amount of wealth floating around in government (read: CORPORATION) were used to the benefit of the people (this move would make each American First in Line Creditors) the Income Tax could be abolished, virtually ALL government (read:CORPORATION) services could be paid for out of that pocket, and by design, the out of control MILITARY spending would be brought in line with reality. No more $35 Million for a single fighter jet, which after 3 years still doesn't work. (A feature of pork barrel politics)

Along with this, all Americans would realize that the 'government' that is out of control with both tax - tax - tax (one financial analyst estimates the feds rakein over $3 BILLION a day) and the coming or here police state mentality, would end as this MUNICIAPL CORPORATION would be recognized for what it is and virtually all AGENCIES of said corporation would be abolished, as they serve no interest except to enforce the coming police state - which is AGAINST the original founding fathers intent.

For more info on the MASSIVE amount of wealth available visit www.CAFR1.com and learn about the wealth stashed away that is really OURS..!!

Just a note for skeptics, my mom was a teacher here in NM for 31 years. When she retired, the New Mexico Teachers Retirement Fund gave her holy hell trying to get a little retirement. When Bernie Madoff got arrested and exposed, it was general news here in NM that the NM Teachers Retirement Fund was 18% invested in Bernie Madoff's scam. This means that 18% of their money was lost overnight. When asked about what that meant for the teachers, the administrator replied "Guess we'll just have to sharpen our pencil and find ways to make that back'. So, apparrently they DO have a plan and means to MAKE MONEY.

lpnmajor Loc: Arkansas

Huh, I have to pause a moment to get over my shock..... there. The reason for my shock is - I agree with you here. Who woulda thunk?

The Congress seems focused on only one investment and that is the very wealthy. The fact is, those wealthy individuals are only valuable to the Congress members themselves - NOT to the American economy. The constant and obsessive need to campaign, campaign and campaign, has caused this phenomena, as the thirst for campaign financing is unquenchable.

That has caused the most ineffective and useless Congress in our history. Public policy is debated endlessly in the public arena, as a campaign tool, but has no relationship whatsoever to what the Congress ultimately does, or does not do. That has resulted in the majority of the available Federal dollars to be wasted, as there are no significant returns seen, in productivity, resources, infrastructure, foreign investment, or the publics trust. All of which directly influences Federal income and stability.

As our population ages, keeping more of them at home, instead of nursing facilities, would save billions of dollars a year, yet there is a reluctance to make that investment.

Repairing/replacing our crumbling bridges, roads, dams, electric grids and other vital infrastructure, would save billions a year in maintenance costs, as well as improve and increase productivity and overall economic returns, yet there is resistance to make this investment as well.

The list of items that the Congress has failed to invest in, is quite long. The list of items the Congress has failed to properly manage, to maximize returns, is nearly endless. For instance, what thinking individual would consider serving in the Armed Forces, knowing that they'll be effectively abandoned - after their service has ended? The failure of the Congress to invest in the VA and other Veteran services, has dire consequences for the country.

We need new members of Congress, who can focus on the investments in America - rather than investments in future political campaigns. Right now, the later concern is the ONLY concern this Congress has.

eagleye13 Loc: Fl

lpnmajor; you write - The failure of the Congress to invest in the VA and other Veteran services, has dire consequences for the country."
but the real dire consequences are allowing the CFR foreign policy to get the USA in the Middle East mess. The tragedy is, it is based on lies and BS. A whole lot of dead and broken bodies because of those lies and BS

"We need new members of Congress, who can focus on the investments in America - rather than investments in future political campaigns. Right now, the later concern is the ONLY concern this Congress has."
True; Prostitutes in competition.

MarvinSussman

Don't blame the Fed. It's a creature of Congress. Blame Congress. Read the following to get the real story:

A PURELY RATIONAL VIEW OF CONGRESSIONAL SPENDING AND TAXING CONTAINING NO OPINIONS, ONLY FACTS AND LOGIC.

The intention of this essay is to convince voters that Congress has the power and the duty to create a strong and prosperous nation. If you find no fault with the following facts and logic, please copy and distribute the essay as widely as possible.

Our Constitution enables Congress to spend without income and sets no limit on its spending. (The words “income” and “deficit” do not appear anywhere in Madison’s Constitution.) Hence, Congress has primary responsibility for our economy. The President can only influence Congress in its spending.

Congress could spend without borrowing if it would only rescind its law that requires that the Treasury, by auctioning interest-bearing treasuries, borrow an amount at least equal to the annual federal budget deficit. Under the former gold standard regime, by offering savers a better investment than gold, that law protected our gold supply from depletion. The gold standard regime was dropped when our large trade deficit allowed foreign nations to threaten depletion of our gold supply. Since 1973, we have been under a fiat currency regime and have no need to protect our gold supply. Still enforced, the law unnecessarily increases federal debt and inhibits Congressional spending to build new infrastructure.

Those auctions are still said to prevent inflation by removing cash from the economy but the ultra-safe treasuries can also be posted as collateral for bank loans, yielding the equivalent in cash. During the past six years, the Fed has converted such privately-held assets worth over $3T into cash and is still worried about deflation! Congress can indeed spend without borrowing and unnecessarily increasing our debt.

For Congress, money is only a means of keeping score and is never a store of value. Congress can increase the value of the FEMA, Highway, Medicare, and Social Security trust funds without limit. To provide infrastructure everywhere, free universities, medical care for all, and sustenance for all not able to work, Congress needs only physical resources and time, limited only by the onset of harmful inflation.

Inflation is caused by too much money buying too few resources (goods and services) and is harmful whenever moderate interest rates cannot keep annual inflation below 3%. By promoting investment over saving, annual inflation between 2% and 3% is beneficial. Annual inflation below 2% is dangerously close to deflation, which is a disaster caused by too little money buying too many resources.

As its main purpose, federal taxation reduces inflation by confiscating money from consumers. When Congress under-taxes and/or over-spends, it causes harmful inflation, the only limit on Congress’ spending. When Congress over-taxes and/or under-spends, it causes harmful unemployment.

By consuming resources, Congress’ spending increases inflation, decreases deflation, and combats recessions. By consuming sufficient resources, Congress’ spending can bring recessions to an end.

More and/or better infrastructure improves our productivity and reduces our costs. Our nation’s wealth is increased whenever Congress, through private contractors, builds infrastructure by hiring people and resources that would otherwise remain idle. Also, the newly hired people combat deflation by their increased spending, which also promotes recovery from recessions. The Constitution obliges Congress to “secure the Blessings of Liberty to ourselves and to our Posterity.” When idle resources are available, failure to build infrastructure cheats our grandchildren out of their rightful inheritance.

The “frictional” unemployment rate is that irreducible amount, generally assumed to be less than 4%, caused by people changing their occupations. Higher rates are due to chronic underspending by a Congress afraid of inflation that is mainly caused by bank lending, which creates the vast majority of our currency. The cure is better bank regulation, opposed by many in Congress! In the past century, the only serious inflations were caused by wartime or oil shortages, not by ordinary Congressional spending.

Pricing average annual construction labor at $40,000 and assuming that we have 150 million able workers, each percentage point of unemployment represents $60B of infrastructure not produced. Over our past 40 years of fiat currency, we have lost $2.4T worth of assets for every percentage point of average unemployment and its equivalent in underemployment and non-participation in the work force. At a 5% average excess unemployment rate, infrastructure worth $12T could have built enough energy resources and desalination plants to allow all our deserts to bloom and feed the world’s populations.

The above statements are true regardless of any federal debt. The so-called “debt crisis” is actually a potential inflation problem. If, within a brief time, a large number of treasury holders were to trade their treasuries for cash and spend all of it, harmful inflation could occur. However, those treasury holders would make such a trade and then get rid of all their US dollars only if, by our failure to maintain and renew our infrastructure for our grandchildren, we allow other nations to far exceed our productivity, surpass our manufacturing proficiency, and dominate us commercially in the world market.

Congress mandated the Federal Reserve System to seek “…maximum employment, stable prices, and moderate long-term interest rates…” In fact, it is only Congress itself that can directly carry out the “maximum employment” mandate by using its spending power to build infrastructure. Thus, Congress has shifted this critical responsibility onto a subordinate incapable of succeeding in the task.

Our future will be prosperous only if voters choose members of Congress who understand how building infrastructure affects the economy and “our Posterity”. Vote only for those who will rebuild America!
© 2015 Marvin Sussman All Rights Reserved. Permission granted only to copy entirely.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This essay was inspired by the following authors: (e-books are available for about $10.)
*Mark Blyth, Brown U. Prof. of International Political Economy, author of “Austerity”, (Oxford U. Press)
*Francis X Cavanaugh, US Treasury economist for over 30 years, author of: ’’The Truth about the National Debt: Five Myths and One Reality’’ (Harvard Business School Press);
*Dr. Stephanie Kelton, Chair of the UMKC Economics Department, at NewEconomicPerspectives.org and, currently, Chief Economist of the Senate Budget Committee.
*Warren Mosler, economist, author of: ‘’Seven Deadly Frauds of Economic Policy’’ (Oxford U Press);
*Frank N Newman, former Deputy Secretary of the US Treasury, author of: ‘’Freedom from National Debt” (Two Harbor Press)

eagleye13 Loc: Fl

"© 2015 Marvin Sussman All Rights Reserved. Permission granted only to copy entirely."
Are you kidding me dip shit. LOL :-)

MarvinSussman

I note for the record that you failed to contest a single statement.

eagleye13 Loc: Fl

Marvin wrote: "Our Constitution enables Congress to spend without income and sets no limit on its spending. (The words “income” and “deficit” do not appear anywhere in Madison’s Constitution.) Hence, Congress has primary responsibility for our economy. The President can only influence Congress in its spending."

Try reading Article I; Section 8 of the Constitution. Congress was not given the power to turn over its most important responsibility to a private entity/bank. The private Federal Reserve Bank. Many of which are foreign banksters. (Rothschilds, Warburgs, and other banking families)
The borrower is servent to the lender. Americans now owe $18 Trillions to these parasites, for the use of what should be our own "money" without interest tied to the funds. US notes; not Federal Reserve notes. The biggest scam ever perpetrated on America, and the world.

Thomas Jefferson said in 1802:

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the
American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation,
the banks and corporations that will grow up around the banks
will deprive the people of all property - until their children wake-up homeless on the continent their fathers
conquered."

eagleye13 Loc: Fl

Marvin wrote; "Our future will be prosperous only if voters choose members of Congress who understand how building infrastructure affects the economy and “our Posterity”. Vote only for those who will rebuild America!"
Good thought; but, since when do politicians not lie or make false promises?
Until the Fed is removed and Congress has US notes printed/created; the prostitutes will remain prostitutes.

silvereagle

Someone tell me if the damocraps did all this why in the hell aren't the repukes stopping them in their tracks?THey now have control of the senate. . Again nothing is being done to stop our hnic from destroying this country. All they have to do is defund what our glorious leader does. They won't because we now have the party of ONE.They follow his lead meanwhile we rant and rave about whats going on and we the people can no longer stop whats going on.Just a footnote as you all probably know our social security was stolen to fight the Vietnam war. Why wasn't that money put back. Now Washington is saying social security is broke. Oh well down the toilet we are all headed.

valkyrierider Loc: "Land of Trump"

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