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"THRIVE
But Is It An
"Entitlement???" - from Ken (Ohio)
What the
heck is wrong here? Remember, not only did you contribute
to Social Security but your employer did too. It totaled 13.3% of your
income before taxes. If you 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 folks in Washington have pulled off a bigger
Ponzi scheme than Bernie Madoff ever had.
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Entitlement my back parts. 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,
with 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 retirement "entitlements"
!!!!!!
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Emergency Rooms for their general health
care at just one hospital the cost to tax payers totaled
over 25 million a year!!! Someone please tell me what the
Heck's wrong with all the people that run this country!!!!!!
We're "broke" & can't help our own Seniors, Veterans,
Orphans, Homeless etc. ??????????? In the last months we have
provided aid to Haiti , Chile, and Turkey . And now Pakistan 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 an entitlement 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 from it in the first place? We
have hundreds of adoptable children who are shoved aside to make room for
the adoption of foreign orphans.
AMERICA: a country where we have homeless without shelter, children
going to bed hungry, elderly going without 'needed' meds, and
mentally ill without treatment -etc, etc.
YET......................
They have a 'Benefit' for the people of Haiti on 12 TV stations,
ships and planes lining up with food, water, tents clothes,
bedding, doctors and medical supplies.
Imagine if the *GOVERNMENT* gave 'US' the same support they give to
other countries. SAD? YEAH, OK, SO WHEN DO WE DO
SOMETHING ABOUT IT????
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