Monday, July 21, 2008

Why Social Security is broken!!

You know what, I think I may have found the problem with Social Security. I think there may be too many people out there taking Social Security payments that don't actually need them. According to David A. Lieb, an Associated Press writer, in his article you can find here, presidential candidate and current Senator from Arizona John McCain is currently receiving an average of $1929.75 a month in Social Security payments. WTF?!? This man is a United States senator, getting paid $169,300 a year not to mention the returns on his investments retirement savings etc. that the totals a yearly income for 2007 of $405,409, again I say WTF? Obviously this man does not need an extra $2000 a month so why is he taking Social Security payments? My parents are currently receiving approximately $1300 a month combined and neither of them work. Social Security was designed to help people that do not receive any kind of pension or retirement from their employer, so why are people like John McCain even eligible? This is probably yet another example that we see more often than not in federal government of "the left-hand not knowing what the right hands doing". Seriously, do you think that if I made over $400,000 last year and tried to claim Social Security benefits do you think they would give them to me? I don't I don't want to seem like I am just picking on John McCain. But he is the only Social Security recipient I have this kind of data for. But just imagine how many other people out there are receiving $1000, $2000 in Social Security benefits, while still making $100,000, $200,000, or even more a year! Maybe Senator John McCain should remove himself from the Social Security rolls and leave that two grand a month to someone who actually needs it. BTW, Cindy McCain, Senator John McCain's wife, filed a tax return reporting a total income of $6 million last year. Just because they file their tax returns separately does not necessarily mean they are not sharing their incomes as household community property. I think John McCain should start Social Security reform at home by removing himself from the system. Just a little more food for thought from your friendly neighborhood Ranter.

1 comment:

Anonymous said...

Hey Ranter:
I did some research too, John McCain is entitled to his Social Security; if he contributed to it; since it is automatically taken out of every ones pay check then it means every one needs to find themselves a really really high paying job so we can live off our retirement Social Security.. It may not be fair but who ever said life was fair and besides McCain is in his 70's...