My cousin sent me this:
THE ONLY THING WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY GO?????????????
This was sent to me, I am forwarding it because it does touch a nerve in me.
This is another example of what Rick Perry called
"TREASON in high places" !!! Get angry and pass this on!
Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% 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 you'd have $892,919.98.
If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) 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 Madhoff 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 ---- free healthcare, 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 social security retirement entitlements?
We're "broke" and can't help our own Seniors, Veterans, Orphans, Homeless.
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? Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.
Sad isn't it?
…. My friend Karen sent this very interesting piece:
Do you remember Kilroy?
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This is interesting ... I have often wondered about Kilroy ... now I know. Great piece of history.
Anyone born in the mid thirties (or earlier) knew Kilroy. We didn't know why but we had lapel pins with his nose hanging over the label and the top of his face above his nose with his hands hanging over the label too. I believe it was orange colored. No one knew why he was so well known but we all joined in!
Kind of a war story ? now we know!
INTERESTING?~~~~
KILROY WAS HERE! WHO THE HECK WAS KILROY?
In 1946 the American Transit Association, through its radio program, "Speak to America ," sponsored a nationwide contest to find the REAL Kilroy, offering a prize of a real trolley car to the person who could prove himself to be the genuine article.
Almost 40 men stepped forward to make that claim, but only James Kilroy from Halifax , Massachusetts, had evidence of his identity.
Kilroy was a 46-year old shipyard worker during the war who
worked as a checker at the Fore River Shipyard in Quincy .
His job was to go around and check on the number of rivets
completed. Riveters were on piecework and got paid by the rivet.
Kilroy would count a block of rivets and put a check mark in semi-waxed lumber chalk, so the rivets wouldn't be counted twice. When Kilroy went off duty, the riveters would erase the mark.
Later on, an off-shift inspector would come through and count the rivets a second time, resulting in double pay for the riveters.
One day Kilroy's boss called him into his office. The foreman was upset about all the wages being paid to riveters, and asked him to investigate. It was then he realized what had been going on.
The tight spaces he had to crawl in to check the rivets didn't lend themselves to lugging around a paint can and brush, so Kilroy decided to stick with the waxy chalk. He continued to put his checkmark on each job he inspected, but added KILROY WAS HERE in king-sized letters next to the check, and eventually added the sketch of the chap with the long nose peering over the fence and that became part of the Kilroy message. Once he did that, the riveters stopped trying to wipe away his marks.
Ordinarily the rivets and chalk marks would have been covered up with paint. With war on, however, ships were leaving the Quincy Yard so fast that there wasn't time to paint them.
As a result, Kilroy's inspection "trademark" was seen by
thousands of servicemen who boarded the troopships the yard produced. His message apparently rang a bell with the servicemen, because they picked it up and spread it all over Europe and the South Pacific. Before war's end,"Kilroy" had been here, there, and everywhere on the long hauls to Berlin and Tokyo .
To the troops outbound in those ships, however, he was a complete mystery; all they knew for sure was that some jerk named Kilroy had "been there first." As a joke, U.S.
servicemen began placing the graffiti wherever they landed, claiming it was already there when they arrived.
Kilroy became the U.S. super-GI who had always "already been" wherever GIs went. It became a challenge to place the logo in the most unlikely places imaginable (it is said to be atop Mt. Everest , the Statue of Liberty, the underside of l ? Arc De
Triomphe, and even scrawled in the dust on the moon).
As the war went on, the legend grew. Underwater demolition teams routinely sneaked ashore on Japanese-held islands in the Pacific to map the terrain for coming invasions by U.S.
troops (and thus, presumably, were the first GI's there).
On one occasion, however, they reported seeing enemy troops painting over the Kilroy logo! In 1945, an outhouse was built for the exclusive use of Roosevelt, Stalin, and Churchill at the Potsdam conference. Its? first occupant was Stalin, who emerged and asked his aide (in Russian), "Who is Kilroy?"
To help prove his authenticity in 1946, James Kilroy brought along officials from the shipyard and some of the riveters. He won the trolley car, which he gave to his nine children as a Christmas gift and set it up as a playhouse in the Kilroy front
yard in Halifax , Massachusetts ..
If you check the WWII memorial in Washington DC , you will see Kilroy peeking over a wall!!!
So, Now you know!
It’s 12:47 am and I realized as I was going to sleep that I had not posted this. It was done, but unposted.
Until next time…