"WHO IS GETTING THE MONEY?" Rant for 2-01-12

Good Morning,
I know I haven't been ranting much, but it's amazing how life, and sometimes lack of motivation get's in the way. Sadly, there is no shortage of issues to rant about, and the sheer volume of subjects, from general discourtesy, downright rudness, to flat out dishonesty is overwhelming.

Today instead of "Ranting" I am posting the content of an e-mail I have received many times. I don't know who the original author is, but whether you are right, left, center, independent, or kangaroo it applies to all of us.

The people we have entrusted to run our country, state, and local governments, just do not care what we think. They continue to double dip everything that is funded by our tax dollars while screaming "poor mouth". Nowhere is this more evident than in our social security system, transportation funds at the state level, and the double-dipping of pensions at the local level. All the while jobs are at a premium.

With no further "pontificating" read below. This one only targets Social Security but there are many other programs that bear scrutinizing.

Who Gets Your Social Security When You Die?

"I didn't do or check the math on this, but I think that people really need to stop calling SS an entitlement like it is a dirty word. I think of it more as repaying a loan that the government borrowed from us.

SOMETHING TO THINK ABOUT

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 sending it on because it does touch a nerve in me.

This is another example of what Rick Perry called "TREASON in high places"!!!

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 government 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 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 ---- 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 or 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?

Remember there arer very few that do not have to figure Social Security in their retirement plan!

Just food for thought kiddies, PT Barnum said one was born every minute..HHHHHHMMMM

I'M DONE!