Info during an election year

Discussion in 'Texas Bikers' started by Page, Mar 6, 2004.

  1. Page

    Page Guest

    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, former 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 watch how fast they would
    fix it.
    --
    Page

    '01 FXDWG, NTXNS
    "Happy Hour" starts one twist of the throttle past neutral!
    Remove the 123 to reply.
     
    Page, Mar 6, 2004
    #1
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