JackiMari.Com
 

Jacki Ataara Mari

The "Golden Fleece" Ripoff

(Timeline: Monday,  September 18,  2000, 1:15 P.M. CDST)
   

The following article came to our attention through e-mail circulation, and we thought it was important enough to publish in this section of our website. It relates to how our Senators and Congressmen, who routinely use threats to Social Security as a political issue and scare tactic, are themselves ripping off the same constituents who voted them in! Here it is... read it and weep. But then, if you're as angry as we are, copy and paste it into an e-mail message and send it to everyone you know!

Our Senators and Congressmen don't pay into Social Security, and, of course, they don't collect from it. The reason is that they have a special, "privileged" retirement plan that they voted for themselves many years ago. For all practical purposes, it works like this:

When they retire, they continue to draw their same pay until they die, except that it may be increased from time to time by cost of living adjustments. For instance, former Senator Bradley and his wife, may be expected to draw $7,900,000, with Mrs. Bradley drawing $275,000 during the last year of her life. This is calculated on an average life span for each. This would be well and good, except for the fact that they paid nothing in... not one red cent into any retirement account of any kind for their enormous returns, and neither does any other Senator or Congressman.  This "privileged" retirement benefit comes right out of the General Fund: our tax money while we, who pay for it all, draw an average of $1000 per month from Social Security. Imagine for a moment that you could structure a retirement plan so desirable that people would willingly have extra deducted so that they could increase their own personal retirement income. A retirement plan that works so well, that Railroad employees, Postal Workers, and others would clamor to participate. That is how good Social Security could be, if only one small change were made. That change is to jerk the "Golden Fleece" retirement out from under the Senators and Congressmen, and put them back into the main Social Security pool with the rest of us.  Then watch how fast they fix it!

This information will no doubt be an eye-opener for many of you. If enough people receive this, maybe some along the way might get angry enough to do something about it. One way is to inform everyone you know.
   

JUST SOME MORE TO THINK ABOUT!

JackiMari.Com