Posted on 01/08/2015 8:42:01 AM PST by drypowder
Before reading the information below, I'd like to share an incident that happened to me a couple months ago at a Walgreens. My husband had a new prescription that cost over $200. I have the Balance Rewards card from Walgreens, which honors prescriptions as well as other purchases. So, I asked for the Balance Rewards for this prescription to be added to my Rewards account.
The pharmacist said she couldn't because I was paying for it with an entitlement. I explained that we have never been on any kind of entitlement program. She stated that Social Security and Medicare are entitlements. I tried not to come unglued, but told her nicely that my husband and I had earned our Social Security and Medicare with money paid into these accounts each and every payday. She said she understood, but it was now called an entitlement, and I couldn't get the Rewards points. I could care less about the Rewards points, but was livid that the government now called Social Security (that we paid into all our lives) an entitlement!
To be fair to Walgreens, the pharmacist said that this was a federal law -- that no one on entitlement can benefit from those payments in any way...getting reward points. Wow! The government has their hands in everything! Anyway, now please read the item below...
If you get any Social Security at all in any manner, you might want to read. Did you know this?
Unfortunately most did not, and I am one of those whose Social Security funds are direct deposited to my bank, thus, I never see the checks. Once again, our beloved congressmen are playing fast and loose with vernacular. What motive did they have for changing the name of our Social Security? Iâ?Tm sure they have a plan, and it won't be to our betterment.
Here we go. JUST REALIZED THAT WITH REQUIRED AUTO DEPOSIT, I NEVER GET TO SEE THE CHECK ALERT EVERYONE YOU KNOW. THIS AFFECTS ALL OF US.*
*Subject:* SOCIAL SECURITY becomes FEDERAL BENEFIT CHECK. Have you noticed, the 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. It is 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 employers 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 - itâ?Ts 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 (Knew) 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 theydidn'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 they misused our investments? And now, to add insult to injury, they'recalling 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. Find a way to keep Social Security and Medicare going, for the sake of that 92% of our population who need it.
*Then call it what it is: Our Earned Retirement Income.*
9% of people won't forward this. Will you? *You can bet I WILL!* I THINK WE SHOULD DEMAND THAT THEIR SALARIES AND RETIREMENTS BE CALLED FEDERAL BENEFIT PAYMENTS. THIS WOULD BE MORE HONEST THAN WHAT THEY HAVE DONE TO OUR SOCIAL SECURITY.
I seem to remember that EVERY PAYCHECK I EVER GOT IN MY LIFETIME, had a portion of it deducted and sent to the Federal Government....now it is treated like a Welfare payment! We are made second class citizens by our own government! What a slap in the kisser!
“People working today need to plan.....” I heard this almost from the day I started in the work force & never doubted it. However,after about so many years in the work force (as a skilled tradesman)I realized there wasn’t much hope for this & paying the bills at the same time. I suspect there are many in this position through no fault of their own.
That's why the government is talking about reducing benefits, they know that they don't have to pay out on the Ponzi scheme.
their idea of "saving" social security once every 10 years or so is just for show. When all they are going to do is raise taxes and cut benefits.
They didn’t invest the Social Security money .. it was supposed to have been put into a Trust Fund, and saved for those who retired .. PERIOD! It was for awhile .. but all the Trust Fund contains today are I.O.U.’s. And now, the free ride is going to end possibly by the end of 2016 - instead of 2034.
People can argue that’s not true .. but I’ve spoken one-on-one with people who have seen the drawer filled with the IOU documents. So, I will not discuss this anymore .. because all the liberals have descended upon me, trying to erase that information.
I know what I know .. and you’ll never convince me otherwise.
And .. in case you’re interested .. FICA IS NOT SOCIAL SECURITY.
Amen.
“all the Trust Fund contains today are I.O.U.’s”
It’s worse than that: all the Trust Fund contains today are demands for payments for loans. Loans made to support welfare.
Ah yes, the magic Trust Fund delusion.
The only instrument for Government to invest in is and always has been Treasury Bills. The cash simply is transformed into Public Debt.
The beauty in this Ponzi scheme is its reliance on fools like you who think it can somehow be fixed. If you want to convert it to a private system then say so. If not, then shut up and take what your Government masters deign to give you.
Wow!
Who the hell are you to tell me to “shut up”.
You’re the one who’s THE LIAR .. and we’ve seen your type before on these threads.
You’ll never win .. because WE KNOW HOW TO PLAY THE GAME.
ROTFLMAO
“9% of people won’t forward this. “
Basically the same as saying “this information is fabricated”.
And they can see you from orbit. No, you can’t hide.
True enough, but that can be used to our advantage. “They” can’t do much in secret either. So, as I believe Alexander S. proposed, when the enemy arrives at your door, you do your level best to see no one returns to the office. There are more of “us” than “them”, so ultimately those willing to make the sacrifice will ensure that sooner rather than later “they” run out of agents to harass the people.
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