Was Rick Perry Wrong?

Why not judge for yourselves with a little review of Social Security.  It sounded so good in the beginning.

History Lesson on Your Social Security Card

 Be sure and show it to your family and friends. They need a little history lesson on what's what and it doesn't matter whether you are Democrat or Republican. 

Facts are Facts. 

Social Security Cards up until the 1980s expressly stated the number and
Card were not to be used for identification purposes. Since nearly everyone in the
United States now has a number, it became convenient to use it anyway and the
Message, NOT FOR IDENTIFICATION, was removed.

An old Social Security card with the "NOT FOR IDENTIFICATION" message.

Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:

1.) That participation in the Program would be
completely voluntary,

No longer voluntary

2.) That the participants would only have to pay
1% of the first $1,400 of their annual incomes into the Program,

Now  it's 7.65%
on the first $90,000

3.) That the money the participants elected to put
into the program would be deductible from
their income for tax purposes each year,

No longer tax deductible

4.) That the money of the participants would put into the
independent 'Trust Fund' rather than into the general operating fund, and therefore, would only be used to fund the Social Security
Retirement Program, and no other government program.

Under Johnson the money was moved to
The General Fund and Spent

5.) That the annuity payments to the retirees would never be taxed
As income.

Under Clinton & Gore
Up to 85% of your Social Security can be Taxed

Since many of us have paid into FICA for years and are
now receiving a Social Security check every month --
We are now finding that we are getting taxed on 85% of
the money we paid to the Federal government to 'put into the trust fund.
------------ --------- --------- --------- --------- --------- ----

Q: Which Political Party took Social Security from the
independent 'Trust Fund' and put it into the
general fund so that Congress could spend it?

A: It was Lyndon Johnson and the democratically
Controlled House and Senate.

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Q: Which Political Party eliminated the income tax
Deduction for Social Security (FICA) withholding?

A: The Democratic Party.

------------ --------- --------- --------- --------- --------- --------- -----

Q: Which Political Party started taxing Social
Security annuities?

A: The Democratic Party, with Al Gorecasting the
'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US

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Q: Which Political Party decided to start
giving annuity payments to immigrants?

AND MY FAVORITE:

A: That's right!

Jimmy Carter and the Democratic Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments
even though they never paid a dime into it!

------------ -- ------------ --------- ----- ------------ --------- ---------

Then, after violating the original contract (FICA),
The Democrats turn around and tell you that the Republicans want
To take your Social Security away!

Has Social Security become a Ponzi Scheme?

That you may retain your self-respect, it is better to displease the people by doing what you know is right, than to temporarily please them by doing what you know is wrong.  - William J. H. Boetcker