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View Full Version : Bush Said SS Would Go Bust By 1988


infidel
01-26-2005, 07:34 PM
Both USA Today and the Texas Observer have reported Bush claimed in 1978 that Social Security would go broke in 1988 unless Congress privatized the system. As the Observer reports, Bush "warned that Social Security would go bust in ten years unless people were given a chance to invest the money themselves."
http://www.texasobserver.org/showArticle.asp?ArticleID=1175

According to USA Today, as a congressional candidate in 1978, George W. Bush was claiming "Social Security would go broke in 10 years" - 1988. Even then, he said the only way to fix this crisis was to privatize the system. [Source: USA Today, 7/28/2000]

This is proof positive that Bush will say anything - no matter how ridiculously inaccurate - to claim Social Security is in "crisis" and needs to be privatized. Nothing he says about Social Security being in crisis today should be regarded as credible once these past statements are taken into account.

http://www.davidsirota.com/

persistent little bugger isn't he?

ASsman
01-26-2005, 07:36 PM
I'm not sure what he has to gain from it. Maybe I'm just stupid, but I can't figure it out.

EN[i]GMA
01-26-2005, 07:44 PM
Both USA Today and the Texas Observer have reported Bush claimed in 1978 that Social Security would go broke in 1988 unless Congress privatized the system. As the Observer reports, Bush "warned that Social Security would go bust in ten years unless people were given a chance to invest the money themselves."
http://www.texasobserver.org/showArticle.asp?ArticleID=1175

According to USA Today, as a congressional candidate in 1978, George W. Bush was claiming "Social Security would go broke in 10 years" - 1988. Even then, he said the only way to fix this crisis was to privatize the system. [Source: USA Today, 7/28/2000]

This is proof positive that Bush will say anything - no matter how ridiculously inaccurate - to claim Social Security is in "crisis" and needs to be privatized. Nothing he says about Social Security being in crisis today should be regarded as credible once these past statements are taken into account.

http://www.davidsirota.com/

persistent little bugger isn't he?

Because his saying it absolves it from truth regardless of the facts behind it.

That's logical.

ASsman
01-26-2005, 07:47 PM
We aren't arguing facts.

Nothing he says about Social Security being in crisis today should be regarded as credible once these past statements are taken into account.
Read it again.

infidel
01-26-2005, 07:49 PM
I'm not sure what he has to gain from it. Maybe I'm just stupid, but I can't figure it out. The money would no longer be locked up in the feds hands but rather by bush's Enron type Wall Street buddies. Much easier to raid.

ASsman
01-26-2005, 07:50 PM
Ah, excellent. Another double wammy. I see a lot of those, here it looks like it'll help you but guess what! It helps up too.

SobaViolence
01-26-2005, 07:50 PM
how many dicks can this bush have at once?
pharmaceuticals
millitary industrial complex
oil
media
israel
lumber
beef
steel

maybe investment firms are the next throbbing cock this bush wants to ride... (lb)

ASsman
01-26-2005, 07:54 PM
Mmm, cock.

EN[i]GMA
01-26-2005, 07:59 PM
The money would no longer be locked up in the feds hands but rather by bush's Enron type Wall Street buddies. Much easier to raid.

You mean every citizen who pays into SS is one of Bush's Enron buddies?

ASsman
01-26-2005, 08:01 PM
You mind explaining it.... instead of just being a negative nancy.

EN[i]GMA
01-26-2005, 08:08 PM
You mind explaining it.... instead of just being a negative nancy.

You claim it would help Bush's rich buddy's (It would hurt Bush by taking money out of the Government's coffers but ignore that) but it would help individuals far more.

ASsman
01-26-2005, 08:13 PM
I claim nothing. But thanks, I really want to continue hearing what you have to say now.

EN[i]GMA
01-26-2005, 08:15 PM
What can I say? I try.

D_Raay
01-27-2005, 02:45 AM
Much easier to raid.
This is the whole point. They have been raiding "overfunded" pension funds for years, can you imagine if it is on a national level? It's absolutely frightnening to think of. I don't think this will ever come about though. Congress isn't THAT evil.