Friday, February 04, 2005

Holy flashback Batman...!



Shades of Campaign '04! Never ones to retire old tricks, Dubbyuh's handlers have stacked the audiences at Dubbyuh's appearances on the stump for his "plan" to "save" social security with party loyalists. No dissenting voices are allowed. Just like the good ole days out on the campaign trail, where never is heard a dissenting word.

But the election is over, and yes, the chuckle-head won. And no, he DOESN'T have a mandate, no matter how much he wishes otherwise. His own party is beginning to feed on its own as the whole issue of social security rears its head. And, his ratings in the polls are sinking like the Titanic.

Before Dubbyuh decided to create a crisis in social security, the Social Security commission reported that it would be solvent until 2042, at which point, it would begin paying out more than it took in. But the reality of the matter is that in 14 of the last 47 years Social Security has paid out more than it took in, so this dire warning is essentially meaningless. If, as the Administration talking points imply or state outright that Social Security trust funds have no real assets, then the treasury bonds held all over the world aren't real assets either, and not worth the paper they are printed on. That's a real confidence builder for the folks overseas that are holding US debt.

As Dubbyuh told the Wall Street Journal, the real debate on the issue will be one of whether there is actually a problem or not. Of course, Dubbyuh would have alot more credibility if he hadn't been beating this horse since 1978, when he first ran for Congress. In '78, he said the Social Security was going to be "...flat bust..." by 1988. The only thing that went "flat bust" in Dubbyuh's little world was Arbusto Energy.

So, Dubbyuh fields softball questions from slavishly adoring crowds, safe in his bubble. Unsullied by the real world, our very own American Nero fiddles on.

Holy shit Batman!

No comments: