WHAT OF THOSE THAT DIED BEFORE THEY EVER COLLECTED SOCIAL SECURITY .
The following is an email floating around on the Internet regarding Social
Security Fraud as seen from the eyes of a woman who lost two husbands before
they were able to retire.
Read this slowly so it sinks in!!!KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READIT... THIS IS SURE SOMETHING TO THINK ABOUT!!!!THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIALSECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVERCOLLECTED A SOCIAL SECURITY CHECK!!!WHERE DID THAT MONEY GO?Remember, not only did you and I contribute to Social Security but youremployer did, too. It totaled 15% of your income before taxes. If youaveraged only $30K over your working life, that's close to $220,500. Readthat again. Did you see where the Government paid in one single penny? Weare talking about the money you and your employer put in a Government bankto insure you and I that we would have a retirement check from the money weput in, not the Government. Now they are calling the money we put in anentitlement when we reach the age to take it back. If you calculate thefuture invested value of $4,500 per year (yours & your employer'scontribution) at a simple 5% interest (less than what the govt. pays on themoney 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 itwould 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 youbought an annuity and it paid 4% per year, you'd have a lifetime income of$2,976.40 per month.Another thing with me.... I have two deceased husbands who died in their50's, (one was 51 and the other one was 59 before one percent of theirsocial security could be drawn. I worked all my life and am drawing 100% onmy own social security). Their S.S. money will never have one cent drawnfrom what they paid into S.S. all their lives.THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIEMADOFF EVER DID.Entitlement my foot, I paid cash for my social security insurance! Justbecause they borrowed the money for other government spending, doesn't makemy benefits some kind of charity or handout!!Remember Congressional benefits? --- free healthcare, outrageous retirementpackages, 67 paid holidays, three weeks paid vacation, unlimited paid sickdays. Now that's welfare, and they have the nerve to call my social securityretirement payments entitlements?We're "broke" and we can't help our own Seniors, Veterans, Orphans, orHomeless. Yet in the last few months we have provided aid to Haiti, Chileand Turkey. And now Pakistan......home of bin Laden. Literally, BILLIONS ofDOLLARS!!!Our retired seniors living on a 'fixed S.S. income' receive no additionalfederal aid nor do they get any financial breaks, while our governmentpour hundreds of billions of $$$ and tons of food to foreign countries!They call Social Security and Medicare an entitlement even though most of ushave been paying for it all our working lives, and now, when it's time forus to collect, the government is running out of money. Why did thegovernment borrow from it in the first place? It was supposed to be in alocked box, not part of the general fund.Sad isn't it? 99% of people won't have the guts to forward this. I'm in the 1% -- I justdid.