You Choose

Bush pulled US Government Bonds out of a filing cabinet yesterday and derided the ability of the government to repay them….he went on to make the statement “for those that think there are large bags of money to pay Social Security with, well there’s not, there is only this with which to fund future benefits.”

Made me wonder if he knows what you receive when you invest in the stock market. Its certainly not the keys to Midas’ treasury. Which brings me to the question…..seriously, if you were retiring which would you prefer: a handful of US Treasury Bonds or a steamer trunk full of some Enron-clone stock certificates?

Did Bush really say, in a public forum, that the U.S. Gov't wouldn't repay its debts?

On edit: I need a link, badly.

Laughingly, as he does (that scamp), he said, “and this is what is suppose to fund future benefits…..” I would take that as saying he has his doubts as to the intention or ability of the Government to honor its debt.

Oh yes, all of this was staged in front of the news cameras........

Someone else has always stepped in and bailed him out of his business failings. He has NEVER had to honor a debt. Therefore, this "map of reality" has become the basis for his domestic economic policy.

and what is not. I wish I could stop feeling humiliated by his behavior ... but, I care to much about my country to not be disturbed.