Recently I received this information in an email. It is one person’s opinion but there are many factual statements within this email:
“THE ONLY THING WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY GO?????????????
This is another example of what Rick Perry called “TREASON in high places”!!!
Oh, what a pair you two make! One threatens he can’t be sure he can pay veterans or Social Security checks so he can raise the debt ceiling while the other threatens to cut off both veterans and senior citizens for being greedy. You both are traitors.
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 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 Madoff ever had.
Entitlement my butt, 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!!
Oh, really Simpson? Just who sucks from the cow’s teat? Would that be you and your buddies in the Legislative Branch who get paid by us? Paid by those of us who made far less money than you? Those of us who paid for your health care and your pension that you still receive? Big, fat, generous, unearned pensions?
Congressional benefits —- 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
So you don’t want our vets to have anything either after all they did for our country too? Well, well, Simpson, I see all the appreciation you have for our vets but don’t touch your pension right, you hypocrite?
In the last months we have provided aid to Haiti, Chile, and Turkey. And now Pakistan ……home of bin Laden. Literally, BILLIONS of DOLLARS!!!
So cutting off our vets money is funny to you Simpson? We don’t think it’s all that funny you ignorant loon! Our vets fought while you sat around in a chair doing nothing. You are a disgusting pig feeding off vets and seniors and all those who are still paying for your porkuolus pension!
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 it’s time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? Imagine if the *GOVERNMENT* gave ‘US’ the same support they give to other countries.”
Dear Mr. Alan Simpson,
As a senior citizen I am getting pretty damn fed up with your remarks about us. First you call us “greedy”. Then, recently you called us seniors “disgusting” because we don’t want our social security benefits cut or taken away.
What you don’t seem to realize is that we paid into that fund, as did our employers by the way and the money is now gone. Now just how did this happen? You don’t even think about that one. President Johnson took the Social Security fund trust and put it into the general government funds to hide the big deficit that existed.
You politicians have stolen from that trust fund many, many times for your own projects.
That money, which was ours, should have been invested to make more money on the monies coming into the fund. Now that would have been the smart thing to do. But instead, not only did that money not collect interest that even a bank would do, but it earned nothing while “sitting in the so called trust fund” which did not really exist while you politicians, you among them, stole from that fund. Now you want to blame seniors for this problem when we never had a choice about this. We were forced into this lousy government program.
That’s right Simpson. Don’t you remember that we, the tax payers, were forced by gunpoint to pay into that crappy social security fund? Don’t you think we would have rather put our money into our own 401K plan so we would actually have real money to live on instead of having to rummage through the couch cushions to find pennies to make our budgets? You didn’t have to stay on a budget when you were in the Senate did you? You just kept spending while we kept our budgets tight and squeezed every last dime we could.
We did not ask to pay into the Social Security Fund. We were required to do so and it was “taken” out of our pay checks.
Now, if you want Social Security restructured, that is fine. We seniors are not stupid nor are we so stubborn that we know the younger generations cannot trust that Social Security will be there for them. So the choice should be given to them to place a certain amount of their money into their own 401K plans for whatever type of savings they wish rather than have all their money taken for Social Security which has not turned out to be such a great deal for us.
You are the poster man of hypocrisy to accuse seniors of being “greedy and disgusting” when you spent part of your life from 1979 to 1997 as a United States Senator from Wyoming as a member of the Republican party. That is a whole 18 years you fed from the government trough.
Who paid for your salary, your health care and your extremely generous pension which you still receive today? We, the tax payers paid that Simpson.
Who is greedy and disgusting, Mr. Simpson? For 18 long years you collected money at the trough of the cow’s teat as you accuse seniors of doing. You collected far more money than we have ever collected. You did not pay into your funds and your salary was far more generous than the average American worker makes. Hypocrisy is thy name Mr. Simpson.
Some people think you are a nut. Some say you are a drunk. Whatever you are you are a politician and politicians are the biggest welfare dole drain on this country.
At least, we senior citizens worked for our money. You sat around in the halls of the Senate barely breaking a sweat and I would hardly call what you did as “work”. Most of you sit around doing nothing. Some of you appear for roll call and leave. What do you politicians do then, Mr. Simpson, go to lunches, go to motels for affairs, sexually abuse pages, or simply go to your large homes and sleep?
We Americans are pretty sick and tired of you crooks and thieves in DC. And we are sick of paying your fat salaries, costs of living which you always give yourselves and your health care and your pensions. What makes you think “we work for you”? You were a civil servant and “you were supposed to be working for us”. But, no, you and a large proportion of your colleagues believe you are “better” than the unwashed masses. And you believe you are “owed” special privileges for the jobs you don’t do.
As I finish this open letter to you Mr. Simpson, let me tell you that you are a greedy, disgusting politician. You fed at the trough and you continue to do so. You are a pig at the trough in fact because, as a politician, you are getting more money than any senior citizen gets on Social Security. We are not greedy Simpson. Senior citizens or the vast majority of them receive very little in Social Security. They can barely exist on what they get. Many seniors did not have the kinds of jobs that you did making a 5 or 6 figure salary and were raising their families on an extremely tight budget and had very little if anything left after you politicians kept taking more and more of our paychecks away from us through your taxation to support you and your pet projects we didn’t need.
Yeah, that’s right Simpson. This is what you guys belong to, the Politicians’ Thieves Guild. You have special rules for yourselves so you can do insider training that the average person goes to jail for, but not you guys! You get to come out of office as millionaires. Now how do you think that happens?
There are so many places the federal budget could be cut to save tons of money but none of you have the courage to do what would really get the deficit down. Senator Rand Paul, who is way more intelligent than you ever have been, has a budget that would make us solvent in 5 to 6 years. But none of you have the courage to do what Rand Paul would do and that is get rid of your unconstitutional agencies that you politicians so desperately need as most of you are getting some kind of kick back for whatever lobbyist wants that agency to stay in commission.
Simpson, ever hear of Rand Paul’s budget? I bet you didn’t even give him the time of day. He’s too good for your type. He actually has a “real” budget that would make us solvent in 5 to 6 years unlike you. And he doesn’t throw off benefits for vets or get rid of seniors social security while reducing our debt.
He works with Sarah Palin and her PAC to expose the criminal activities that go on in the Legislative Branch. Congressmen and Senators go into office with little more than the average person but somehow come out millionaires. Read the book Simpson and see if you are on any of the lists of those crooks. I do not accuse you outright as I do not have that information, but it does make me wonder what you did while there.
Now I dare you to say one more degrading or deprecating remark about senior citizens! Or our vets as you continue to feed off the trough of the politicians welfare rolls, the biggest welfare dole in this country that devours us along with all your pork projects and unconstitutional agencies and civil servants who sit around pushing paper all day long. Just go ahead Simpson, speak. Make my day!