[Imc-saltlake-discussion] FW: Retirement Plan
Simoninslc
imc-saltlake-discussion at lists.indymedia.org
Fri, 08 Mar 2002 16:40:05 -0800
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From: Johanna Franck <johanna@wasatchinc.com>
Date: Tue, 05 Feb 2002 08:43:12 -0800
To: Jackie Gasparik<jackie.gasparik@ci.slc.ut.us>, Jennifer Swica
<jswica@wasatchinc.com>,nancy <nancy@wasatchinc.com>, Laura Billingsley
<laura@wasatchinc.com>, "Meredith A. Franck" <unoartwear@aol.com>, "R T
Wolfgramm" <r_wolfgramm@hotmail.com>, "Simon @ Brewvies"
<simoninslc@yahoo.com>, "abijj-hotmail.com" <abijj@hotmail.com>, Emily Potts
<emilykpotts@hotmail.com>,Jason Baker <jbudah13@yahoo.com>, Jenny Martin
<grouchycouch@hotmail.com>, "Mumsarge@aol.com"
<Mumsarge@aol.com>,td@mydigitalbarn.com,
Subject: Retirement Plan
>
> Subject: Golden Fleece Retirement Plan
>
> Perhaps we were asking the wrong questions in this past
> election year.
>
> 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 paid in by our employer,
> we can expect to receive an average of $1,000 per month. 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 and Congressmen. Put them into the
> Social Security plan with the rest of us. Watch how fast they
> fix it!!!
>
> If enough people receive this message maybe a seed will be
> planted, and maybe good changes will evolve.
>
> Don't forget, our girl, Hillary Rodham Clinton, now comes under
> this Congressional Retirement Plan. Talking about the Clinton's,
> it's common knowledge that, in order for her to establish NYC
> 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.
>
> How many people can YOU send this to?
>
>
--MS_Mac_OE_3098450406_71749_MIME_Part
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<HEAD>
<TITLE>FW: Retirement Plan</TITLE>
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<BR>
<BR>
----------<BR>
<B>From: </B>Johanna Franck <johanna@wasatchinc.com><BR>
<B>Date: </B>Tue, 05 Feb 2002 08:43:12 -0800<BR>
<B>To: </B>Jackie Gasparik<jackie.gasparik@ci.slc.ut.us>, Jennifer Sw=
ica <jswica@wasatchinc.com>,nancy <nancy@wasatchinc.com>, Laura =
Billingsley <laura@wasatchinc.com>, "Meredith A. Franck" <=
;unoartwear@aol.com>, "R T Wolfgramm" <r_wolfgramm@hotmail.c=
om>, "Simon @ Brewvies" <simoninslc@yahoo.com>, "abi=
jj-hotmail.com" <abijj@hotmail.com>, Emily Potts <emilykpotts@=
hotmail.com>,Jason Baker <jbudah13@yahoo.com>, Jenny Martin <gro=
uchycouch@hotmail.com>, "Mumsarge@aol.com" <Mumsarge@aol.com=
>,td@mydigitalbarn.com,<BR>
<B>Subject: </B>Retirement Plan<BR>
<BR>
<FONT SIZE=3D"2"><BR>
><BR>
> Subject: Golden Fleece Retirement Plan<BR>
><BR>
> Perhaps we were asking the wrong questions in this past<BR>
> election year.<BR>
><BR>
> Our Senators/Congressmen do not pay into Social Security,<BR>
> and, therefore they do not collect from it. Social Security<BR>
> benefits were not suitable for them. They felt they should have =
a<BR>
> special plan. Many years ago they voted in their benefit plan. I=
n<BR>
> more recent years, no congress person has felt the need to<BR>
> change it. After all, it is a great plan.<BR>
><BR>
> For all practical purposes, their plan works like this: When the=
y<BR>
> retire no matter how long they have been in office, they<BR>
> continue to draw their same pay until they die, except it may be=
<BR>
> increased from time to time by the cost-of-living adjustments.<B=
R>
> For example, former Senator Bill Bradley (New Jersey) and his<BR=
>
> wife may be expected to draw $7,900,000.00 over an average<BR>
> life span, with Mrs. Bradley drawing $275,000.00 during the last=
<BR>
> year of her life. Their cost for this excellent plan is "0,=
" nada,<BR>
> zilch. This little perk they voted in for themselves is free to =
them.<BR>
><BR>
> You and I pick up the tab for this plan. Our tax dollars at work=
!<BR>
> Social Security, which you and I pay into every payday for our<B=
R>
> own retirement, with an equal amount paid in by our employer,<BR=
>
> we can expect to receive an average of $1,000 per month. We<BR>
> would have to collect our benefits for 68 years and 1 month to<B=
R>
> equal the Bradley's benefits.<BR>
><BR>
> Imagine for a moment that you could structure a retirement plan<=
BR>
> so desirable, a retirement plan that worked so well, that Railro=
ad<BR>
> Employees, Postal Workers, and others who were not in the<BR>
> plan would clamor to be included. This is how good Social<BR>
> Security could be, if only one small change was made. That<BR>
> change would be to jerk the Golden Fleece Retirement Plan out<BR=
>
> from under the Senators and Congressmen. Put them into the<BR>
> Social Security plan with the rest of us. Watch how fast they<BR=
>
> fix it!!!<BR>
><BR>
> If enough people receive this message maybe a seed will be<BR>
> planted, and maybe good changes will evolve.<BR>
><BR>
> Don't forget, our girl, Hillary Rodham Clinton, now comes under<=
BR>
> this Congressional Retirement Plan. Talking about the Clinton's,=
<BR>
> it's common knowledge that, in order for her to establish NYC<BR=
>
> residency, they purchased a million + house in upscale<BR>
> Chappaqua, NY. Makes sense. Now, they are entitled to Secret<BR>
> Service protection for life. Still makes sense. Here is where it=
<BR>
> becomes interesting.<BR>
><BR>
> A residency had to be built in order to house the Secret Service=
<BR>
> agents. The Clinton's now charge the Secret Service rent for the=
<BR>
> use of said residence and that rent is just about equal to their=
<BR>
> mortgage payment, meaning that we, the tax payers, are paying<BR=
>
> the Clinton's mortgage, and it's all perfectly legal.<BR>
><BR>
> How many people can YOU send this to?<BR>
><BR>
><BR>
<BR>
</FONT>
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