Social Security (Off Topic)

Ted Simmons ted@yourlink.net
Fri, 17 Aug 2001 11:12:25 -0700


Re: Social Security  (an e-mail forwarded to me, but original source unknown
to me)

>> 
>> This is worth reading, short and to the point! Our Senators/Congressmen do
>> not pay into Social Security, and, therefore they do not collect from it.
>> Social Security benefits were not suitable for them.
>> 
>> They felt they should have a special plan. Many years ago they voted in their
>> benefit plan. In more recent years, no congress person has felt the need to
>> change it. After all, it is a great plan.
>> 
>> For all practical purposes, their plan works like this: When they retire no
>> matter how long they have been in office, they continue to draw their same
>> pay until they die, except it may be increased from time to time by the
>> cost-of-living adjustments.
>> 
>> For example, former Senator Bill Bradley(New Jersey) and his wife may be
>> expected to draw $7,900,000.00 over an average life span, with Mrs.Bradley
>> drawing $275,000.00 during the last year of her life. Their cost for this
>> excellent plan is "0," nada,zilch. This little perk they voted in for
>> themselves is free to them. You and I pick up the tab for this plan.
>> 
>> Our tax dollars at work! Social Security,which you and I pay into every
>> payday for our own retirement, with an equal amount matched by our employer,
>> we can expect to get an average of $1,000 per month.
>> 
>> Or, we would have to collect our benefits for 68 years and 1 month to equal
>> the Bradley's benefits. Imagine for a moment that you could structure a
>> retirement plan so desirable, a retirement plan that worked so well,that
>> Railroad Employees, Postal Workers, and others who were not in the plan would
>> clamor to be included.
>> 
>> This is how good Social Security could be, if only one small change was made.
>> That change would be to jerk the Golden Fleece Retirement Plan out from under
>> the Senators/Congressmen.
>> 
>> Put them into the Social Security plan with the rest of us. Watch how fast
>> they fix it!!!! ! If enough people receive this maybe a seed will be planted
>> and maybe good changes will evolve.
>> 
>> Don't forget, our girl, Hillary Rodham Clinton, thanks to the infinite wisdom
>> of New York State voters, now comes under this Congressional Retirement Plan.
>> 
>> Talking about the Clinton's, it's common knowledge that, in order for her to
>> establish NYS residency, they  purchased a million + house in up scale
>> Chappaqua, NY. Makes sense. Now, they are entitled to Secret Service
>> protection for life.
>> 
>> Still makes sense. Here is where it becomes interesting. A residency had to
>> be built in order to house the Secret Service agents.
>> 
>> The Clinton's now charge the Secret Service rent for the use of said
>> residence and that rent is just about equal to their mortgage payment,
>> meaning that we, the tax payers, are paying the Clinton's mortgage and it's
>> all perfectly legal.
>> 
>> How many people can YOU send this to? ! !



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