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KAY Z COMMENTARY 6/9-6/15/07

Download File The following is a KSCO commentary. Here is Kay Zwerling: Here’s a story I received recently regarding the Social Security program. Kudos to my friend Michael Olson for some of the material. President Franklin Roosevelt, a Democrat, introduced the Social Security FICA program in 1935. It promised the following:1. That participation in the program would be completely voluntary.2. That the money the participants elected to put into the program would be deducted from their income for tax purposes each year.3. That the money the participants put into the Independent Trust Fund rather than the General Operating Fund therefore would only be used to fund the Social Security retirement program and no other governmental program, and finally -4. That the annuity payments to the retirees would never be taxed as income. Since many of us have paid into FICA for years, and are now receiving a Social security check each month, we are finding that we are getting taxed 85% of the money we paid to the federal government to put away for us. You may be interested in the following: Questions: Which political party took Social Security from the Independent Trust Fund and put it into the General Fund so that Congress could spend it whenever they felt like it? The answer: It was President Lyndon Johnson and the Democratically controlled Congress. Which political party eliminated the income tax deduction for Social Security FICA withholding? It was the Democratic party. Which political party started taxing Social Security annuities? The Democratic party with Al Gore casting the tie breaking deciding vote as President of the Senate while he was Vice President of the U.S. And, the Democrats to this day continue to raid the trust fund and leave IOU’s which they will repay when Hell freezes over, and they all use that money for their own States’ pet projects, like sometimes a bridge that goes nowhere. So, let’s see, which political party decided to start giving annuity payments to immigrants? Jimmy Carter and the Democratic party. Immigrants moved into this country and at age 65 began to receive Social Security payments. The Democratic party gave these payments to them even though they never paid a dime into it. Why did they do that? For their votes, of course. That’s why Democratic politicians are so charitable with our money to all newcomers, so they the politicians can remain in power. Recently to add insult to injury, the Democratic Congress is allowing illegals to receive Social Security. Then, after doing all this lying and thieving, and violating of the original contract of FICA, the Democrats turn around and tell you that the Republicans want to take your Social Security away. The worst part of it is that uninformed citizens believe it. Do you really want the government to take care of everyone including 12 million illegals from the cradle to the grave? What about individual initiative and dignity and self-respect? Do you really want a Democratic leadership in 2008?For KSCO and KOMY, this is Kay Zwerling. Copyright 2007

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