kat8585 Posted September 26, 2007 Group: Royal Member Followers: 3 Topic Count: 1,360 Topics Per Day: 0.21 Content Count: 7,866 Content Per Day: 1.23 Reputation: 26 Days Won: 0 Joined: 11/22/2006 Status: Offline Birthday: 04/18/1946 Share Posted September 26, 2007 IT DOESN'T MATTER IF YOU ARE REPUBLICAN OR DEMOCRAT! KEEP IT GOING!!!! 2008 Election Issue!! GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOCIAL SECURITY. This must be an issue in "2008" Please! Keep it going. ------------ --------- --------- ---- SOCIAL SECURITY: (This is worth reading. It is short and to the point.) Perhaps we are asking the wrong questions during election years. Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it. You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan. In more recent years, no congressperson has felt the need to change it. After all, it is a great plan. For all practical purposes their plan works like this: When they retire, they continue to draw the same pay until they die. Except it may increase from time to time for cost of living adjustments. . For example, Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275, 000.00 during the last years of their lives. This is calculated on an average life span for each of those two Dignitaries. Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives. Their cost for this excellent plan is $0.00. NADA..! ZILCH... This little perk they voted for themselves is free to them. You and I pick up the tab for this plan . The funds for this fine retirement plan come directly from the General Funds; "OUR TAX DOLLARS AT WORK "! From our own Social Security Plan, which you and I pay (or have paid) into, every payday until we retire (which amount is matched by our employer). We can expect to get an average of $1,000 per month after retirement. Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator! Bill Bradley's benefits! Social Security could be very good if only one small change were made. That change would be to: Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us Then sit back..... And see how fast they would fix it. If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve. Link to comment Share on other sites More sharing options...
Rumple Posted September 26, 2007 Group: Members Followers: 0 Topic Count: 0 Topics Per Day: 0 Content Count: 58 Content Per Day: 0.01 Reputation: 0 Days Won: 0 Joined: 07/27/2007 Status: Offline Share Posted September 26, 2007 (edited) The plan would be great except that who is going to cut their own retirement to that extent on purpose? Perhaps a very strong lobby by enough people against Congress would get them to compromise by reducing their benefits somewhat, but more than that is needed to put the system in the black. Something else that could be done in conjunction with, at least, a reduction in Congressional benefits, would be to withhold FICA earnings from earnings from all work which is income taxable instead of having an upper limit. This, of course, would hurt higher paid workers, but it would produce a very substantial increase in revenues going into the Social Security Trust Funds without making any other significant changes to the benefits payable to beneficiaries. IT DOESN'T MATTER IF YOU ARE REPUBLICAN OR DEMOCRAT! KEEP IT GOING!!!! 2008 Election Issue!! GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOCIAL SECURITY. This must be an issue in "2008" Please! Keep it going. ------------ --------- --------- ---- SOCIAL SECURITY: (This is worth reading. It is short and to the point.) Perhaps we are asking the wrong questions during election years. Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it. You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan. In more recent years, no congressperson has felt the need to change it. After all, it is a great plan. For all practical purposes their plan works like this: When they retire, they continue to draw the same pay until they die. Except it may increase from time to time for cost of living adjustments. . For example, Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275, 000.00 during the last years of their lives. This is calculated on an average life span for each of those two Dignitaries. Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives. Their cost for this excellent plan is $0.00. NADA..! ZILCH... This little perk they voted for themselves is free to them. You and I pick up the tab for this plan . The funds for this fine retirement plan come directly from the General Funds; "OUR TAX DOLLARS AT WORK "! From our own Social Security Plan, which you and I pay (or have paid) into, every payday until we retire (which amount is matched by our employer). We can expect to get an average of $1,000 per month after retirement. Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator! Bill Bradley's benefits! Social Security could be very good if only one small change were made. That change would be to: Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us Then sit back..... And see how fast they would fix it. If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve. Edited September 26, 2007 by Rumple Link to comment Share on other sites More sharing options...
MeCajunboy Posted September 26, 2007 Group: Diamond Member Followers: 2 Topic Count: 113 Topics Per Day: 0.02 Content Count: 1,430 Content Per Day: 0.22 Reputation: 33 Days Won: 1 Joined: 12/24/2006 Status: Offline Birthday: 06/28/1952 Share Posted September 26, 2007 IT DOESN'T MATTER IF YOU ARE REPUBLICAN OR DEMOCRAT! KEEP IT GOING!!!! 2008 Election Issue!! GET A BILL STARTED TO PLACE ALL POLITICIANS ON SOCIAL SECURITY. This must be an issue in "2008" Please! Keep it going. ------------ --------- --------- ---- SOCIAL SECURITY: (This is worth reading. It is short and to the point.) Perhaps we are asking the wrong questions during election years. Our Senators and Congresswomen do not pay into Social Security and, of course, they do not collect from it. You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan. In more recent years, no congressperson has felt the need to change it. After all, it is a great plan. For all practical purposes their plan works like this: When they retire, they continue to draw the same pay until they die. Except it may increase from time to time for cost of living adjustments. . For example, Senator Byrd and Congressman White and their wives may expect to draw $7,800,000.00 (that's Seven Million, Eight-Hundred Thousand Dollars), with their wives drawing $275, 000.00 during the last years of their lives. This is calculated on an average life span for each of those two Dignitaries. Younger Dignitaries who retire at an early age, will receive much more during the rest of their lives. Their cost for this excellent plan is $0.00. NADA..! ZILCH... This little perk they voted for themselves is free to them. You and I pick up the tab for this plan . The funds for this fine retirement plan come directly from the General Funds; "OUR TAX DOLLARS AT WORK "! From our own Social Security Plan, which you and I pay (or have paid) into, every payday until we retire (which amount is matched by our employer). We can expect to get an average of $1,000 per month after retirement. Or, in other words, we would have to collect our average of $1,000 monthly benefits for 68 years and one (1) month to equal Senator! Bill Bradley's benefits! Social Security could be very good if only one small change were made. That change would be to: Jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us Then sit back..... And see how fast they would fix it. If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve. Kat says: (You see, Social Security benefits were not suitable for persons of their rare elevation in society. They felt they should have a special plan for themselves. So, many years ago they voted in their own benefit plan.) Cajunboy asks: Hi Kat , I don't have a problem support a bill that would force our Congressmen and other Political figures to draw only a fair amount of monies annual from their Social Security funds, but this is only a drop in the bucket as to what's wrong with the structure of "Social Security" funds in America today. The entire system would have to be revamped or begin with a new plan that would be fair and equal to all. And the only intentions for the monies appropriated for Social Secuity would STAY for that soul purpose only, and not to help support the many other departments it is presently doing. There are some Presidential Candidates that have some fairly good ideas in revamping the Social Security as we speak. You may want to pull up the candidates platforms to see what they have to offer. Some of them will surprise you. My question to you is, "Why do you think this will impact the Social Security system alone, or are you merely trying to have them play on a more even basis? Remember, the original intentions of Social Security was NOT designed to support a couple or a person after they decide to retire. It was only designed to Supplement their income, which is what it should be now. Also, and this is why I agree with your initial intentions of adjusting congressional social security collections, most of these people don't really necessitate social security compensation as most will be well set with their own personal nvestments. Many merely want to save their monies to pass on to their loved ones, who by the way , will be making quite a substantial amount of their own monies in their own lives. Link to comment Share on other sites More sharing options...
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