The Herald Banner, Greenville, TX

Letters to the editor

August 8, 2013

Taken without asking

GREENVILLE — To the editor:

Fellow retirees …

Take a look at your Social Security check, if it is not directly deposited, and you will see our Social Security check is referred to as a Federal Benefit Payment. Like H^%* it is! This isn’t a benefit; it is a fully vested retirement benefit. Not only did we contribute to Social Security, but our employer did also. It totaled 15 percent of our income, before taxes. If you averaged $30,000 per year over your working life, that’s close to $180,000 invested in Social Security.

If you calculated the future value of your monthly investment in Social Security ($375/month, including both your and your employer’s contribution) at a meager one percent interest rate compounded monthly, after 40 working years you’d have more than 1.3-plus million dollars.

Instead, the folks in Washington noticed there was a big pool of money there that they could get their greedy little hands on, and they did!! They took our money and used it elsewhere, forgetting it was our money they were taking. They didn’t ask us to lend them the money, nor have they paid any interest on the debt they assumed. Now they tell us that the money won’t support us for very much longer. Our legislators do not depend on Social Security for a retirement income. They have their own exorbitant nest egg.

Now to add insult to injury, they are telling us that what we are getting is a government benefit, as if we never worked to earn every penny of it. It is time to demand that our legislators bring some sense into government and admit that Social Security is, indeed, our Earned Retirement Income.

Sincerely,

Bill Weiszbrod

Greenville

1
Text Only
Letters to the editor
  • Health services kudos

    I am writing this letter of appreciation because two weeks ago I had my second knee replacement surgery within six months.

    July 20, 2014

  • Kill the YMCA project

    In addressing the city council on July 8th, YMCA board president Andy Bench made a bold and highly questionable claim that raised a red flag in my mind. He referenced the alleged financial commitment made by The Greenville Independent School District to help pay for his proposed $15 million taxpayer funded YMCA.

    July 20, 2014

  • Applaud Court’s return to interpretive sanity

    I applaud the Supreme Court’s return to Constitutional interpretive sanity in its recent finding in favor of Hobby Lobby and other closely held companies, to decline to pay for certain medications that they believe violate their religious beliefs.

    July 15, 2014

  • Take care of children crossing over border

    The beautiful little Hispanic children coming across the border from Mexico and South America…

    July 14, 2014

  • Not too late to stop proposed YMCA center

    n your Wednesday edition, reporter Brad Kellar briefly touched on the comments of Dr. Jerry Ransom at Tuesday’s city council meeting.

    July 13, 2014

  • Perkins should abstain from YMCA vote

    What if you were a judge? What if you were also Board President of a non profit organization?

    July 5, 2014

  • Say no to YMCA on Tuesday

    An April 28, 2013 ad in the Herald Banner stated that the YMCA/Event Center bond would only add an additional 2.5 cents to the Greenville property tax rate.

    July 5, 2014

  • Already missed

    When I moved back to Greenville after living 17 years in South Texas, I took the advice of my friend, Dr. Bill Thorn, who advised me to become an expert in some field. It didn’t matter what.

    June 26, 2014

  • Freedom of religion

    Texas Constitution and the YMCA

    June 13, 2014

  • Thanks to Park & Rec

    Thank you Kimber Patterson, Brett Quarles and the staff of Greenville Parks and Recreation for the outstanding job you do for our community.

    June 13, 2014

Featured Ads
Promotions
Poll

Does Dallas head coach Jason Garrett need for the Cowboys to make the playoffs during the 2014 football season to keep his job?

Yes
No
Who knows with Jerry Jones as owner?
     View Results
Facebook
Must Read
Photos


See more photos and purchase prints here.

AP Video
Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue Raw: Corruption Trial Begins for Former Va Gov. The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide