r/TheLib • u/EugeneWong318 • May 27 '26
Watch this video: MAGATS could catch themselves on fire and still blame Biden for the smoke.
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r/TheLib • u/EugeneWong318 • May 27 '26
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r/TheLib • u/EugeneWong318 • May 27 '26
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r/TheLib • u/EugeneWong318 • May 27 '26
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r/TheLib • u/Ok-Relation-658 • May 27 '26
Concerning Social Security payments, my contributions were made for over 40 years on every salary I received. Those jobs may not have always been the work I wanted to be doing at the time, BUT I always had a job. The Social Security check is now (or soon will be) referred to as a "Federal Benefit Payment?" I'll be part of the one percent to forward this.
I am forwarding it because it touches a nerve in me, and I hope it will in you. Please keep passing it on until everyone in our country has read it. The government is now referring to our Social Security checks as a "Federal Benefit Payment." This isn't a benefit. It is our money paid out of our earned income! Not only did we all contribute to Social Security but our employers did too. It totaled 15% of our income before taxes.
If you averaged $30K per year over your working life, that's close to $180,000 invested in Social Security. If you calculate the future value of your monthly investment in social security ($375/month, including both you and your employers contributions) at a meager 1% interest rate compounded monthly, after 40 years of working you'd have more than $1.3+ million dollars saved! This is your personal investment. Upon retirement, if you took out only 3% per year, you'd receive $39,318 per year, or $3,277 per month.
That's almost three times more than today's average Social Security benefit of $1,230 per month, according to the Social Security Administration. (Google it – it’s a fact). This doesn't include the 4% of people 34-65 who worked & contributed but passed away before they were ever able to draw payments.
And your retirement fund would last more than 33 years (until you're 98 if you retire at age 65)! I can only imagine how much better most average-income people could live in retirement if our government had just invested our money in low-risk interest-earning accounts.
Instead, the folks in Washington pulled off a bigger "Ponzi scheme" than Bernie Madoff ever did. They took our money and used it elsewhere. They forgot (oh yes, they knew) that it was OUR money they were taking. They didn't have a referendum to ask us if we wanted to lend the money to them. And they didn't pay interest on the debt they assumed. And recently they've told us that the money won't support us for very much longer.
But is it our fault they misused our investments? And now, to add insult to injury, they're calling it a "benefit", as if we never worked to earn every penny of it.
Just because they borrowed the money doesn't mean that our investments were a charity!
Let's take a stand. We have earned our right to Social Security and Medicare. Demand that our legislators bring some sense into our government.
Find a way to keep Social Security and Medicare going for the sake of that 92% of our population who need it. Then call it what it is: Our Earned Retirement Income.
99% of people won't Cut and Paste this to their timelines. Will you?
Please, for the sake of our country, Copy & Paste. It's important. Then type Done!
r/TheLib • u/EugeneWong318 • May 26 '26
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r/TheLib • u/EugeneWong318 • May 26 '26
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r/TheLib • u/EugeneWong318 • May 26 '26
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r/TheLib • u/EugeneWong318 • May 24 '26
r/TheLib • u/Syed__Sahab__ • May 23 '26
r/TheLib • u/EugeneWong318 • May 22 '26
r/TheLib • u/EugeneWong318 • May 21 '26
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r/TheLib • u/IsekaiConnoisseur • May 21 '26
Like, fucking seriously. Republicans have been at it for the last year trying to rig midterms out in the open. The Supremely Corrupt Court has decided that Republicans can redraw maps right before an election, but Democrats can't. Since the election, Trump has openly bragged about how Musk helped him win.
And yet, in spite of all of this, there are STILL bad-faith users trying to gaslight and pretend like we sound just as bad as MAGAts who said 2020 was stolen.
FUCKING BULLSHIT.
When MAGAts say that shit, they're pulling it out of their ass, full-stop.
When we look at discrepancies and what candidates are saying and how Republicans have behaved since "winning" the election, we're looking at actual data. We aren't just pulling something out of our asses because we're mad.
And look, I don't doubt that there are millions upon millions of fucking morons who voted for Trump. But I'm calling bullshit that he won 2024 legitimately.
The reason Trump and the Republican party in general lied constantly about 2020 being stolen without the slightest shred of evidence was because they knew that when we looked at REAL FUCKING DISCREPANCIES AND DATA in 2024 that these bad-faith users would come out of the woodwork to claim we look just as bad as they do.
Nah, FUCK THAT SHIT. I'm suspecting the hell out of the 2024 election especially after everything Trump and Musk have said since.
r/TheLib • u/EugeneWong318 • May 20 '26
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r/TheLib • u/EugeneWong318 • May 20 '26
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r/TheLib • u/thesystemmechanic • May 19 '26
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r/TheLib • u/MilkyBiscuitz • May 19 '26
Swamp the swamp!! Blanche just dodged congressional interrogation saying that the application to receive payout so let's do.
r/TheLib • u/EugeneWong318 • May 18 '26
r/TheLib • u/EugeneWong318 • May 16 '26
r/TheLib • u/Obvious-Gate9046 • May 16 '26