Liberal Quicksand

Liberal Quicksand: "August 25, 2006
Congress Sets up a Ruling Class
Posted by Hank Dagny in Social Security at 5:32 am | Permanent Link

This must be a campaign issue every year! SOCIAL SECURITY:

Perhaps we are asking the wrong questions during election years. Our Senators and Congressmen do not pay into Social Security. Many years ago they voted in their own benefit plan. In more recent years, no congressperson has felt the need to change it. For all practical purposes their plan works like this:

When they retire, they continue to draw the same pay until they die, except it may increase from time to time for cost of living adjustments. For example, former Senators and Congressmen and their wives may expect to draw $7,800,000, with their wives drawing $275,000.00 during the last years of their lives.

This is calculated on an average life span for each. Their cost for this excellent plan is $00.00. These little perks they voted for themselves are free to them. You and I pick up the tab for this plan.

The funds for this fine retirement plan come directly from the General Fund–our tax dollars at work! From our own Social Security Plan, which you and I pay (or have paid) into — every payday until we retire (which amount is matched by our employer) –we can expect to get an average $1,000 per month after retirement.

Social Security could be very good if only one small change were made. And that change would be to jerk the Golden Fleece Retirement Plan from under the Senators and Congressmen. Put them into the Social Security plan with the rest of us and then watch how fast they would fix it.

If enough people receive this, maybe a seed of awareness will be planted and maybe good changes will evolve. WE, each one of us… can make a difference. - Rush Limbaugh

Next time a candidate for Congress says they will ‘work for you’, tell them you want them to slash their retirement benefits to equal ours. Let’s see if they put our money where their mouth is. – Hank Dagny"