Date: Sat, 12 May 2001 18:37:58 -0700
Reply-To: Zoltan <zol@foxinternet.net>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: Zoltan <zol@foxinternet.net>
Subject: Fw: Retirement Plan - Republicans and Democrats - Vanagon is not
their baby
Content-Type: multipart/alternative;
While we are working on the art of financial and mechanical self defence by fixing our Vanagons, our employees or so called servants and ex-employees are making an art out of free lunch.
Subject: Retirement Plan - Republicans and Democrats
Our Senators/Congressmen do not pay into Social
Security, and,
therefore they do not collect from it. Social
Security benefits
were not suitable for them. They felt they should
have a special
plan. Many years ago they voted in their benefit
plan. In more
recent years, no congress person has felt the
need to change it.
After all, it is a great plan.
For all practical purposes, their plan works like
this: When they
retire no matter how long they have been in
office, they continue
to draw their same pay until they die, except it
may be increased
from time to time by the cost-of-living
adjustments.
For example, former Senator Bill Bradley (New
Jersey) and his wife
may be expected to draw $7,900,000.00 over an
average life span,
with Mrs.Bradley drawing $275,000.00 during the
last year of her life.
Their cost for this excellent plan is "0," nada,
zilch. This little
perk they voted in for themselves is free to
them. You and I pick up
the tab for this plan.
Our tax dollars at work! Social Security, which
you and I pay into every payday for our own
retirement, with an equal
amount matched by our employer, we can expect to
get an average of
$1,000 per month or less.
Or, we would have to collect our benefits for 68
years and 1 month
to equal the Bradley's benefits. Imagine for a
moment that you could
structure a retirement plan so desirable, a
retirement plan that worked
so well, that Railroad Employees, Postal Workers,
and others who were
not in the plan would clamor to be included. This
is how good Social
Security could be, if only one small change was
made.
That change would be to jerk the Golden Fleece
Retirement Plan out from
under the Senators/Congressmen. Put them into the
Social Security plan
with the rest of us. Watch how fast they fix
it!!! If enough people
receive this maybe a seed will be planted and
maybe good changes will
evolve.
Don't forget, our girl, Hillary Rodham Clinton,
thanks to the infinite
wisdom of New York State voters, now comes under
this Congressional
Retirement Plan. Don't forget also that each so
called retired president
also collects over $200,000 per year. Don't
forget, they lost their job
and are still getting paid for it. Do you?
Talking about the Clinton's, it's common
knowledge that, in order
for her to establish NYS residency, they
purchased a million + house
in upscale Chappaqua, NY. Makes sense. Now, they
are entitled to Secret
Service protection for life. Still makes sense.
Here is where it becomes
interesting. A residency had to be built in order
to house the Secret
Service agents. The Clinton's now charge the
Secret Service rent for the
use of said residence and that rent is just about
equal to their
mortgage
payment, meaning that we, the tax payers, are
paying the Clinton's
mortgage
and it's all perfectly legal.
You gotta luv it
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