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Post by goodgrief on Jun 7, 2014 11:23:13 GMT -5
This is too true to be funny. The next time you hear a politician use the Word 'billion' in a casual manner, think about whether you want the 'politicians' spending YOUR tax money.
A billion is a difficult number to comprehend, But one advertising agency did a good job of Putting that figure into some perspective in One of its releases. A. A billion seconds ago it was 1959.
B. A billion minutes ago Jesus was alive.
C. A billion hours ago our ancestors were living in the Stone Age.
D. A billion days ago no-one walked on the earth on two feet.
E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it. While this thought is still fresh in our brain... let's take a look at New Orleans ... It's amazing what you can learn with some simple division. Louisiana Senator, Mary Landrieu (D) was asking Congress for 250 BILLION DOLLARS To rebuild New Orleans . Interesting number... What does it mean?
A. Well .. If you are one of the 484,674 residents of New Orleans (every man, woman and child) You each get $516,528
B. Or... If you have one of the 188,251 homes in New Orleans , your home gets $1,329,787.
C. Or... If you are a family of four... Your family gets $2,066,012.
Washington , D.C HELLO! Are all your calculators broken?? Building Permit Tax CDL License Tax Cigarette Tax Corporate Income Tax Dog License Tax Federal Income Tax (Fed) Federal Unemployment Tax (FUTA) Fishing License Tax Food License Tax Fuel Permit Tax Gasoline Tax Hunting License Tax Inheritance Tax Inventory Tax IRS Interest Charges (tax on top of tax) IRS Penalties (tax on top of tax) Liquor Tax Luxury Tax Marriage License Tax Medicare Tax Property Tax Real Estate Tax Service charge Taxes Social Security Tax Road Usage Tax (Truckers) Sales Taxes Recreational Vehicle Tax School Tax State Income Tax State Unemployment Tax (SUTA) Telephone Federal Excise Tax Telephone Federal Universal Service Fee Tax Telephone Federal, State and Local Surcharge Tax Telephone Minimum Usage Surcharge Tax Telephone Recurring and Non-recurring Charges Tax Telephone State and Local Tax Telephone Usage Charge Tax Utility Tax Vehicle License Registration Tax Vehicle Sales Tax Watercraft Registration Tax Well Permit Tax Workers Compensation Tax (And to think, we left British Rule to avoid so many taxes) STILL THINK THIS IS FUNNY? Not one of these taxes existed 100 years ago... And our nation was the most prosperous in the world. We had absolutely no national debt... We had the largest middle class in the world... And Mom stayed home to raise the kids. What happened? Can you spell
'politicians'!
And I still have to Press '1' For English.
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Post by Tom Pearce on Jul 3, 2014 11:46:58 GMT -5
Seems we constantly hear about how Social Security is going to run out of money.
How come we never hear about welfare or food stamps running out of money?
What's interesting is the first group "worked for" their money, but the second didn't.
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Post by goodgrief on Jul 5, 2014 12:14:16 GMT -5
THIS IS SURE SOMETHING TO THINK ABOUT!!!!
THE ONLY THING WRONG WITH THE GOVERNMENT'S CALCULATION OF AVAILABLE SOCIAL SECURITY IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY EVER COLLECTED A SOCIAL SECURITY CHECK!!!
WHERE DID THAT MONEY GO?
Remember, not only did you and I 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 for every working American.
Read that again. Did you see where the Government paid in one single penny?
We are talking about the money you and your employer put in a Government bank to insure you and I that we would have a retirement check from the money we put in, not the Government. Now they are calling the money we put in "AN ENTITLEMENT" when we reach the age to take it back.
If you calculate the future invested value of $4,500 per year (yours & your employer's contribution) at a simple 5% interest (less than what the Government 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.
A quote from a retired woman: “Another thing with me.... I have two deceased husbands who died in their 50's, (one was 51 and the other one was 59 before one percent of their social security could be drawn. I worked all my life and am drawing 100% on my own social security). Their S.S. money will never have one cent drawn from what they paid into S.S. all their lives.”
THE FOLKS IN WASHINGTON HAVE PULLED OFF A BIGGER PONZI SCHEME THAN BERNIE MADOFF EVER DID.
Entitlement my foot, I paid cash for my social security insurance! Just because they borrowed the money for other government spending, doesn't make my benefits some kind of charity or handout!!
Remember 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 payments entitlements?
We're "broke" and we can't help our own Seniors, Veterans, Orphans, or Homeless. Yet in the last few months we have provided aid to Haiti , Chile and Turkey . And now Pakistan ......home of bin Laden. Literally, BILLIONS of DOLLARS!!! And they can't help our own citizens in New York and New Jersey !
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?
It was supposed to be in a locked box, not part of the general fund.
Sad isn't it?
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