SOCIAL SECURITY A PONZI SCHEME? YES!

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 (that was me) 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, aka. 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 etc.! 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 its time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? LBJ caused this with his Democrat Congress. He had them pass a bill to give the government access to our money to fund the Vietnam war. In his words, "We will borrow it  from the Social Security Program", to borrow means pay back. How can the government pay this back without taxing you again. Imagine if.... the *GOVERNMENT* gave 'US' the same support they give to other countries. Sad isn't  it?