[StBernard] The dirty bum did it again --

[Westley Annis]

	  Obama's New Name for Social Security

	 

	Thought you would find this interesting.
	
	
	ALERT EVERYONE YOU KNOW. 
	
	THIS AFFECTS ALL OF US.* 
	
	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 you 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 - it's 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 they didn'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're calling it a benefit, as
if we never worked to earn every penny of it. 
	
	Offered by John C. 
	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.
	
	 Forward this. Will you?