Blah, blah, blah

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Shell game

Dear Obama,

I have written this letter before, but I have never received a response, so I am writing it again. I am 46 years old and have been paying into social security for over 30 years now. Every year, I get my official statement from the government informing me of how much I will get when I "retire" at age 62, 67, or 70. I have a degree in math, but I do not really need one to calculate how much of a return I am getting on my money. For everything that I have put into the system, I am sure not getting much out.

The more that I look at how much I have put into the plan, and figure out what I will get out, the madder I get. Anyone who actually thinks that social security is a good idea is either not paying attention or fairly unschooled. The numbers come closer to reflecting thievery on close analysis.

I repsectfully ask to be let out out of the system. You can keep all that I have put in over the last 30 years. If you will stop taking my money, I will be more than happy to never ask for any money out of the social security system.

Sincerely,

Kevin

Comment balloon 15 commentsKevin Robinson • November 22 2008 09:02AM

Comments

Kevin - I have written that letter several times. No response either.

Posted by Mike Saunders (Lanier Partners) over 10 years ago

I have often said I'd rather bury my money in a garbage bag in the back yard than give it to SS.  Not only is there going to be no positive return, but those of us who "retire" thirty years from now will almost certainly not see any SS benefits at all, which works out to a negative return on our "investment."  I'm with you.  Let me out!   

Posted by David Stevens (David Stevens & Associates, PLLC) over 10 years ago

I think you have to send it to Bush since he is our current president.

Posted by Shane OnullGorman, Eau Claire Wisconsin, Real Estate Agent & Realtor- Buy or Sell (Eau Claire Realty, Inc.) over 10 years ago

OHHHH, they can't give it up... the government needs your dollars to continue the ENTITLEMENTS that social security was never intended to pay.  Its a vicious circle with the dollars coming in not ever enough to cover todays costs .. .not to mention tomorrows.

Posted by South Austin Real Estate Blog (Sky Realty South Austin) over 10 years ago

Years ago, during the first Cliton yrs, I actually wrote to then Secretary Donna Shilayla (probably misspelled her name) at which time I filed all sorts of affidavits and government forms declaring I wanted out of SS as did my wife and two children.

After getting the cold shoulder from uncle Sam, I went to my companies payroll boss to state my case. He told me in no uncertain terms that as long as I work there, I will pay this "tax" and basically told me if they didn't take it out, uncle Sam would come hounding them! It's extortion!

It's nothing but thievery.....especially when you consider the fact that congress has their own golden parachute and DON'T pay a penny into SS. Socialistic "security" is socialism at its worst.

Posted by Mark A Ferraiolo (Century21 Killian Real Estate) over 10 years ago

It's all about control an dpower Kevin.  If they have the money they control you and I.

Posted by John Walters, Licensed in Louisiana (Frank Rubi Real Estate) over 10 years ago

I agree.  It was never meant to take care of people who never worked a day in their lives.  Just sad.  I am all for taking what is mine and investing it myself.  Can you imagine government health care??  These systems were not set up to feed the government's waste of money, but, unfortunately, the same people continue to be voted in for Congress, term after term.  People should learn to never vote the same person in to another term.  Bright ideas are not coming up. Same old boys are coming in again and again.  Save what you can in a SEP IRA.  I doubt that the product will be around for long....

 

Posted by Frances C. Rokicki, Broker-Mentor,CRS (Fran Rokicki Realty, LLC) over 10 years ago

Rooselvelt added it for a reason. America was collapsing.....kind of like it is now. People were actually starving. By the time this economic disaster is over, you are going to be glad for social security......sorry for the truth..

forest

Posted by thank rooselvelt over 10 years ago

If we let bush take social security and privatize it the way he wanted to....no one would have any money left for social security just about .......NOW 

Even if the government gave it to us....human nature will send some of us to Las Vegas to gamble it away.

forest

Posted by funny over 10 years ago

If I could just deposit every cent of my own money that's being shelled out for SS into a bank account that I wouldn't touch until retirement, I still wouldn't have enough, but at least I'd have something.  Right now, I have a big, fat ZERO to look forward to.

Posted by Jim & Maria Hart, Charleston, SC Real Estate (Brand Name Real Estate) over 10 years ago

You got to love anonymous commenter's. 

Eau brings up a very valid point in sending it to our current presidentYet, you should send it to the President-Elect as well.  Personally, I have mixed feelings on dishing out monies for Social Security.  It's not my elders in age that bothers me, it's the folks who collect it (who are relatively young) for shall I write, 'suspect' reasons.  I once had a client who collected social security because he was depressed (and hadn't worked for years at the tender age of 30).  I have a degree in Psychology and while I'm by no means an expert, I think the chap was downright lazy and needed/needs a swift kick in the posterior.  I don't mean to be an arse here, but I'm not quite certain why he can't just get a freaking job.  Frankly, I was depressed to see him given the money.  To this day, he plays around on the computer and sits at home.  I know that because I follow up with folks quite regularly.  I don't mind giving, I just have an issue with getting and not giving back.

Posted by Jason Sardi, Your Agent for Life (Auto & Home & Life Insurance throughout North Carolina) over 10 years ago

A Private Retirement Plan That Works.

Here is a link at will really make you wish you worked in one of three county governments in Texas.

Make sure you read the section A Private Retirement Plan That Works. 

I have planned into the Social Security system for over 30 years also - My retirement plans do not count on Social Security at all.  I will not see a dime, nickel or penny. 

Posted by x Bye Bye, Delete Account (x) over 10 years ago

THE ENTITLEMENT MENTALITY....SPREAD THE WEALTH AROUND....SOCIALISM....WELFARE....STEAL FROM THE WORKERS AND GIVE TO THE NON-WORKERS.....NOT A CHANGE I'M LOOKING FORWARD TO.

Posted by Jeff and Lisa Sellers (The Sellers Realty Lubbock,TX) over 10 years ago

Hey Jason,

I wrote the letter to Obama because I already wrote one to Bush. I have actually written to the SS admin. before. No response. I also wrote to my Congress person. The letter I rcvd. back was humorous at best.

Posted by Kevin Robinson, Fractional Developer over 10 years ago

I'd love to see that letter back that you received, Kevin.

By the way, can I 'borrow' $100,000,000 dollars?

Posted by Jason Sardi, Your Agent for Life (Auto & Home & Life Insurance throughout North Carolina) over 10 years ago

Participate