As if we needed more proof that Bush is an idiot

This is from an interview with MSNBC
http://www.msnbc.msn.com/id/7559029/page/4/

See, I don't think most people -- or, I'm sure they do by now; I hope they do -- a lot of people think there's a Social Security trust, that we take your money, you've worked hard, you pay your payroll taxes, the government collects your money and holds it for you so that when you retire, we just simply give you back your money. That's not how it works. You pay into the system your payroll taxes, the money goes out to pay beneficiaries, and with money left over, the federal government spends it on general programs. So that all that is left behind are a series of file cabinets with IOUs in it. I've seen the IOUs first-hand, by the way, in West Virginia. So there's no real assets in the system. There's paper promises. And what I think we ought to do is to, you know, permanent fix the system and give younger workers the opportunity to build real assets.

Could some one please explain to this idiot, when the President of the United States comes out publicly and states that a Government issued security is merely a paper promise, this undermines the foundation of our economic system. Could you send him a message and tell him, "No, you fucking idiot, paper promises issued by our government are supposed to be assets. So are Treasury Bonds and Dollar Bills for that matter you ignorant jackass." What a complete and total retard.

Mr Prisident, I have a high school education, that's it. You have a Bachelor's from Yale and a Masters in Business Administration from Harvard. You have an army of people to give you information. I have the internet. Even I am not stupid enough to say something like this.

This is how the Social Security Adminstration explains how the "paper promise" system works.
"By law, all income to the trust funds that is not immediately needed to pay expenses is invested, on a daily basis, in securities guaranteed as to both principal and interest by the Federal government. All securities held by the trust funds are "special issues." Such securities are available only to the trust funds.

In the past, the Trust Funds have held "public issues" (marketable securities available to the general public). Unlike marketable securities, special issues can be redeemed at any time at face value. Marketable securities are subject to the forces of the open market and may suffer a loss or enjoy a gain if sold before maturity. Investment in special issues gives the trust funds the same flexibility as holding cash.
http://www.ssa.gov/OACT/ProgData/fundFAQ.html#n1

By telling the ignorant Republicans in your Social Security Infomercials that Social Security is holding no assests because they are holding "paper promises", you are undercutting the faith in our dollar, discouraging people from purchasing treasury bonds and looking like a complete and total fucking idiot to someone with such a lowly education level as mine. Fuck! I no longer believe you are intentionally ruining this country, I think you're just too fucking stupid to know better.

He's an evil sack of shit willing to sacrifice ANYTHING to create a "legacy" that will live after him. Not to mention lining his handlers' pockets with platinum.

However, neither he (nor his advisors) are very good at the "consequences thing," because they've never had to suffer them.

He's playing his shot now! I think the American public is smarter than you think. They realize what we pay today, is paying for the recipients today, and that wat is paid in the future, will be used to pay future recipiants. What they cant accept is the Pres saying the $$ just isn't there, so we have a problem!

Shrub is slowly finding out that people won't follow him NO MATTER WHAT! I hope he keeps pushing this BS plan! If it lasts longs enough, the realist Dems will win in 2006, AND 2008!!!!

The American public doesn't give a flying shit about Bush or his debate on Social Security. They give a shit about what the talking heads on TV tell them to give a shit about. That's it. They care about a pregnant Britney Spears and the closest they get to politics is bitching about the high price of gas. The American public knows nothing. They are slaves to the MSM and they only know what they are told by the likes of Lou Dobbs and Sean Hannity. You know how little they are told. The American Public is not researching and reading shit he says, they don't give a shit. I talk to the American Public everyday, 3 to 4 new people everyday, they don't know shit and they don't want to know shit. They believe the news is the truth and not some infomercial program designed to sell them Reeboks and Liptor.

The second level of informed public gets thier programming from talk radio and without access to opposing view points they see the world in a very linear, black and white fashion. They only get to hear the Republican diatribes and preplanned right-winged attacks. They don't listen to the "other side" because the other side is "liberals" and they hate liberals. They have a very high level of informed ignorance. These are the ones that believe that shit about no assets in Social Security. They are also the one's hounding the Republican Senators and dogging them whenever they have an opposing view. Take Voinovish and the delay of the Bolton nomination. He is getting swarmed with calls and letters by the right-wing attack machine for agreeing that they needed to continue to investigate Bolton. These are the one's that believe this shit and these are the ones that will push the Senators into voting on a Social Security Bill that will completely ruin Social Security.

He also doesn't care if people don't follow him. He may not even understand that people despise him as much as they do. It may be that he doesn't understand that these "Town Hall Meetings" are nothing more than Infomercials. IF he does, then he's a complete and total loser and he knows it. If he doesn't know it, then he's a complete and total loser and his staff knows it. Either way, he believes he's making progress and he damn sure doesn't believe in public opinion polls.

"Well, I -- Look, I mean, all due respect to surveys, I've seen, you know, all kinds of answers in surveys, and you can pretty much figure out, you know, what you want to read in surveys."
http://www.msnbc.msn.com/id/7559029/page/4/

He thinks the surveys are propaganda against him. He actually has the balls to say that other are generating propaganda against him! "Absolutely. And that's important for people to -- I know the propagandists are saying otherwise, and I know there's flyers being put out trying to frighten seniors."
http://www.msnbc.msn.com/id/7559029/page/3/

So it doesn't matter to him at all if the people don't support his plans, he thinks they do. He's either crazy or stupid and I can't figure out which. Crazy and stupid seems most likely but the public that matters to him is sitting in those Infomercial Town Hall Meetings and they love him and his bold new plan for Social Security. He's fuckin nuts.

to sell his plan since he first ran for Congress. Wasn't that in 1978? Pretty pathetic don't ya think? I hope we can win in 2006. I'd be happy with just that.

we have a chance. Even in a straight up and down fight, the Gerrymandering is is going to make taking the Congress back difficult and the Senate might not come our way again until '08. But it's doable.

but since he really didn't earn an MBA, he just had a family with a lot of money, it's not surprising that he has no fucking clue. And even if he does have a clue, it's not surprising that the evil fuck, who is willing to lie and obfuscate and do anything to help his pockets (where he likes to play pool while dreaming of deformed dwarf democratic animals, I'm sure) would intentiolly lie about social security.

His ilk, beginning with that evil fuck Reagan, would love nothing better than to destroy the future of every man, woman, and child in this country (except for their rich cronies) in order to bring us to a fuedalistic theocratic dictatorship.

Every person who votes for this evil son of a bitch deserves to have all their property given to the public trust once we get a dem - which is to say, a real Christian, or at least someone who can act like a real Christian - in the white house.

But you're right, I do think they are trying to institute a new form of corporate feudalism.

US Constitution
14th Ammendment

Section 4. "The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."

Why aren't we bitch-slappin' the Chimp fans with this? Why isn't the Fair and Balanced Fox Opinion Network covering this story?

:shrug:

It is absolutely IMPEACHABLE!

good luck getting them to stick. They wouldn't do anything to him even if he killed a baby on national TV. He could twist it's head off and they would find some "good" excuse not to do anything about it. Hell, he's personally responsible for killing over 1500 American children and god knows how many Iraqi citizens and Congress just sits there like a bunch of cowards. It's shameful to say the least.

to be impeached. I've lost count. I'm really not surprised. I wish we could get rid of this asshole and his whole administration.

1 - by changing the congress from Republican to Democratic control, something I personaly believe to be impossible because they control the vote.

2 - By collecting every person who is threatened by his Social Security BS, or everything else he's done, and going to Washington DC to demand he resign...

I don't see either happenings, the former because I don't think we voted him into office yet, the latter because I wouldn't put it past him to have protestors killed.

Like in a gigantic big box somewhere?

So I can go look at MY dollars?
Is he stupid or full of shit? Inquiring minds want to know

...cuz it tastes soooooo good to call the guy an idiot. Then, suddenly - YANK!!!

When are people going to learn that Bush** is NOT AN IDIOT. HE PLAYS ONE ON TV. Don't keep lowering expectations for this criminal!! Joe Sixpack LIKES him because he's an "idiot." If Joe Sixpack REALLY knew that he was being sold down the river by this master criminal, he'd have a different opinion of the situation entirely!!

Read Sun Tsu.

NGU.

Is it possible that he may be an idiot but the people pulling his strings are as sharp as razors?

I believe the guru's that surround him are Samuri, I just think he's an idiot.

He's highly successful criminal. And successful criminals AREN'T stupid.

NGU.

When Bush was getting his MBA, was an Accounting course a requirement. He obviously doesn't know the difference between an asset and a liability.

I'm so witty.... not!

Why are we paying so much in FICA that there is a bunch left over that we were told was going into the SS trust?

If all that trust money is meaningless, we've all been getting robbed blind on payroll taxes. How about we reduce FICA to just what it takes to fund Social Security now?

Oh, that would reduce the billions that Bush and his crony contractors could steal out of the General Fund, so they'd never agree to that...