Below was sent to me – can not vouch for the figures but the point is still made!

SOCIAL SECURITY NOW CALLED ‘FEDERAL BENEFIT PAYMENT’/ENTITLEMENT!

Have you noticed, your Social Security check is now referred to as a
“federal benefit payment”?

I’ll be part of the one percent, to forward this, our government gets away
with way too much in all areas of our lives, while they live lavishly on
their grossly overpaid incomes! KEEP passing THIS AROUND UNTIL EVERY ONE HAS
READ IT…..

SOMETHING TO THINK ABOUT 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 was sent to me, I am forwarding it because it does touch a nerve in me.

This is another example of what Rick Perry called “TREASON in high places”
!!! Get angry and pass this on!

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 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.

The folks in Washington have pulled off a bigger Ponzi scheme than Bernie
Madhoff 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!!

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.

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 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.

Sad isn’t it?

99% of people won’t have the guts to forward this.

I’m one of the 1% — I Just Did.

America’s future is written in the stones of The Soviet Union and The Middle East, Israel in particular.The crushing debt, massive unemployment, and the imminent scraping of Social Security and Medicare will create two classes of Americans; the poor and the globalist. By poor, I reference those who presently live below the poverty line and those who have one or more household relatives that is chronically unemployed. By globalist I mean those who reside in America but live off income earned from around the world by the sell-outs of America, and manipulation of The Federal Reserve, Wall Street and The IMF.

The rise of Aztlan and La Raza has cast a dye that will have Americans dividing up the South West like Gaza and The West Bank. A weakened America will be hit by massive illegal immigrant strikes and protest forcing business and politicians to grant them citizenship, but in their self-described Homeland/Nation State, The Southwest. The collapse of civility and democracy in Egypt will force some 2 million Christians to flee to America and Europe; and the economic failure of Egypt will see the migration to America by as many as 15 million Muslims.

The 2012 election, if there is one will intensify the 2nd Civil War. If Obama wins, hopeless American Patriots will have their property and their guns confiscated as a matter of national security. Their taxes will be increased and federal regulations will limit them to the status of Green Card holders. This will lead to unprecedented social upheaval like unto The French Revolution.

If Rick Perry is simply nominated, the Democrats, Blacks and the Liberals will turn out in larger numbers than the first Obama illegal election. America has recently lost her moral sea legs, and her anchor was ripped from the stern by the blatant criminal congressional cover up of Obama’s illegal election.

This historic miscalculation by Christians and Conservatives have left them aligned with Liberals and Blacks when it comes to universal honestly and morality. Christianity is judged a hate religion needing more court regulations and Islam is deemed a religion of peace with just a few shameful zealot Jihadists.

My, have times changed. Oh, by the way when a politicians says change, he means destruction of the good. Yes, the definition for change is the broad daylight robbery of your nation and the shaving of your father’s mustache.

By Dr. James David Manning

By Michael Master

www.saveamericanow.us.com

It is obvious from most statements and articles that the Treasury Dept and the Fed do not really know what will happen if the debt limit is not raised. Government officials can only say: “do you really want to take that risk?”

Moody and the other rating organizations say that USA debt instruments will be downgraded if government spending is not cut immediately even if the debt limit is raised. According to HuffPost AOL News of July 21, 2011, the Treasury and the Fed already have contingency plans so that life will continue as usual. Philadelphia Federal Reserve Bank President Charles Plosser said that the Fed and the Treasury have been planning for months how to handle the situation so the American economy is not interrupted.

What the Fed and the Treasury do know is that the government will be able to pay most of its bills because it has an ongoing income of revenue every day from tax receipts. They also know that the government will have to prioritize what bills will get paid and what ones will not. And they know that the government will have to immediately cut back on its spending which will be good news to the rating services that might actually help increase the ratings of government securities.

Social Security checks will go out on time … not late as Obama tried to scare us. Medicare will be paid on time. And the military will get paid on time.

So maybe government workers will have to take a pay cut. That is OK since government workers already make 30% more than their counterparts in the private sector according to USA Today, which is part of the reason why the USA has a debt limit problem. Maybe marginal programs and payments to foreign governments will have to get cut. Maybe Obamacare will have to be repealed. Maybe the Department of Education and the EPA will have to cut back. Maybe the USA will have to get out of Libya and Afghanistan. Maybe NPR and Planned Parenthood will no longer get any money from the government.

Maybe these are the reasons why Obama is so worried about not getting the debt limit increased. His programs might get cut.

Obama increased spending by $700 billion per year (27%). So why is it so bad to cut back on spending the same as it was increased? Maybe the only way to get the government to cut spending is to take away its credit card.

It sounds to me like those Congressmen who want to raise the debt limit without cutting spending immediately are probably afraid that spending on their pet projects and pet lobbyists will get cut. It sounds like those businesses who want the debt limit raised are afraid that they might not get any more money from the government tit if it is not.

To me, it also sounds like not raising the debt limit might just be a good thing. Certainly, there will not be any gloom and doom. As said by Rahm Emmanuel: “never waste a crisis.” Maybe the USA will benefit more by not increasing the debt limit. Maybe that is the only way to cut government spending.

Obama said to Boehner and Cantor, “don’t call my bluff.” Well, maybe it is time to call his bluff. He isn’t holding anything in his cards. Since the Fed and the Treasury have already planned for the worst and say things will be OK, call Obama’s bluff. Cap the debt limit and do not raise it.

Michael Master is the author of “Save America Now!” It can be ordered at http://www.amazon.com/gp/product/1616235756