Intersting post on Social Security I found on Facebook

KEEP PASSING THIS AROUND UNTIL EVERY ONE HAS HAD THE OPPORTUNITY TO READ IT… 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 totals 15% of your income before taxes. If you averaged only $30K over your working life, that’s close to $220,500. 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. If you have a deceased spouses who died in their 50’s — their S.S. money will never have one cent drawn from what they paid into S.S. all their lives over the past 30 years!

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… if not TRILLIONS of DOLLARS are unaccounted for!!!

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. 99% of people won’t have the guts to forward this. I’m in the 1% —
I just did.

Reckless Kelly

Last week I went to the Troubador, in west Hollywood, to go see Reckless Kelly perform. They are a very talented alternative country band with a rock and roll edge. Originating from Austin, Texas, Reckless Kelly has been around for about 15 years.

The band members include:

  • Willy Braun- vocals and guitar
  • Cody Braun- vocals, fiddle, mandolin, and harmonica
  • David Abeyta- lead guitar and vocals
  • Jay Nazziola- drums
  • Joe Miller- Bass

The venue was packed wall to wall with fans. The band had a very profound effect on the crowd. This was the first time I had seen them perform and I was very impressed. They performed an Irish-influenced upbeat song called Seven nights in ire, which really got the crowd going. The song had everyone dancing and singing. They also performed ballads like Nobody’s girl and Wicked twisted road. By the end of the show, I was beginning to sing some of the lyrics.

Reckless Kelley is a very talented band, that has continuously put out good music for almost two decades. If ever given the chance, I recommend everyone should go see them perform. They will have you singing and dancing, guaranteed.