Last night, in his "Blithering Idiot Tour" press conference, Preznit Monkeyhead said:
I know some Americans have reservations about investing in the stock market, so I propose that one investment option consist entirely of treasury bonds, which are backed by the full faith and credit of the United States government.
Options like this will make voluntary personal retirement accounts a safer investment that will allow an American to build a nest egg that he or she can pass on to whomever he or she chooses.
Which is, really, kind of shocking, don't you think?
I mean, here's Bush, last night, trying to stutter and stammer about how, if Americans are uneasy about investing their Social Security, they can invest it in United States treasury bonds which are absolutely, good as gold, guaranteed!
And, muthafucker, if he didn't just say this three fucking weeks ago!
PARKERSBURG, West Virginia. (AP) -- President Bush on Tuesday used a four-drawer filing cabinet stuffed with paper representing government IOUs the president said symbolized the Social Security trust fund's bleak outlook for meeting Americans' future retirement needs.
"A lot of people in America think there is a trust -- that we take your money in payroll taxes and then we hold it for you and then when you retire, we give it back to you," Bush said in a speech at the University of West Virginia at Parkersburg.
"But that's not the way it works," Bush said. "There is no trust `fund' -- just IOUs that I saw firsthand," Bush said…
Chapman opened the second drawer and pulled out a white notebook filled with pseudo Treasury securities -- pieces of paper that offer physical evidence of $1.7 trillion in treasury bonds that make up the trust fund.
Yeah, that's right. Three weeks ago, he told the people of the United States that the Social Security Trust fund was a bunch of worthless paper--just a bunch of IOUs in the form of worthless treasury bonds that, presumably, the government was never going to pay.
And, last night, he looked the American people right in the eye, and he said, "Hey, we need to establish personal, private accounts because the treasury bonds our trust fund is made up with are worthless. But if you're nervous about investing your private account in the stock market, you can always invest it in treasury bonds, which are guaranteed by the full faith and credit of the United States government."
What an unbelievable horseshitter! How does anybody take this fucking joker seriously? He'll say anything at anytime and he never means any of it!