Bush: "All which is on the table begins to address the big cost drivers."

[Bluebear]

At the Tampa Convention Center in Florida, the President responded to an audience member’s question about the $600 billion in transition costs to private accounts (from the official transcript released by the White House):

Q. … How is it the new plan is going to fix that problem?

THE PRESIDENT: "Because the -- all which is on the table begins to address the big cost drivers. For example, how benefits are calculate, for example, is on the table; whether or not benefits rise based upon wage increases or price increases. There's a series of parts of the formula that are being considered. And when you couple that, those different cost drivers, affecting those -- changing those with personal accounts, the idea is to get what has been promised more likely to be -- or closer delivered to what has been promised.

Does that make any sense to you? It's kind of muddled. Look, there's a series of things that cause the -- like, for example, benefits are calculated based upon the increase of wages, as opposed to the increase of prices. Some have suggested that we calculate -- the benefits will rise based upon inflation, as opposed to wage increases. There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those -- if that growth is affected, it will help on the red. Okay, better? I'll keep working on it." (Laughter.)

http://www.iamll141.org/

[Starbucks Anarchist]

1. Hell, that's actually the most lucid thing he's ever said.

[Bluebear]

2. LOL true! nt

[Mojambo]

3. That's pretty hilarious stuff

He sounds like a used car salesman, with an IQ of 45, trying to explain quantum physics.

In a scant 200 years we've gone from Thomas Jefferson to this guy...

Talk about diminishing returns.

[DemInDistress]

4. How does he do it??

Why are gopers so easily fooled by this bush? I quip at some of my gop friends,"fortunately for bush he can still fool some of the people all of the time".They always bash bubba when confronted with a
good agrument...

[AntiCoup2K4]

5. Admittedly, I'm reasonably drunk at the moment, but......

What the HOLY FUCK is that Chimp babbling about??

[awoke_in_2003]

9. Don't worry

he was probably a little drunk too.

[punpirate]

6. There's the evidence of a man who doesn't...

... have a clue. He wants something (the destruction of SS), but can't explain why his is a better idea.

This is the sort of "baffle `em with bullshit" routine that he learned from his father and mother. It probably worked on his Yalie fraternity brothers and his friends, because they weren't any smarter than him.

One day, maybe quite a while from now, when people figure out that he's just been screwing around with them for his own self-aggrandizement, they'll turn on him and go straight for his throat.

[Bluebear]

11. "baffle `em with bullshit"

Doesn't that say it all.

[smurfygirl]

7. you know the expression "it's all greek to me"

that is what he reminds me of. Nothing that comes out of his mouth makes sense...I guess you have to be stupid to understand.

[tsuki]

8. What's muddled about it? Wall Street needs a big welfare transfer.

[natrat]

13. no doubt someone must be getting sick of holding up the market

[wishlist]

10. He 'said' if we change formula to cut benefits we can afford privatization

The slimeball knows the answer is lowering future benefits, but he does not want to come out and say it. Contrary to media pundits' description of him, he is not a straight shooter but a dishonest purveyor of propaganda and doubletalk.

Read this sentence closely and you will see that he purposely evades directly saying that proposed formula changes will reduce future benefits and make up for costs of privatization:

"There is a reform that would help solve the red if that were put into effect. In other words, how fast benefits grow, how fast the promised benefits grow, if those -- if that growth is affected, it will help on the red."

[Al-CIAda]

12. ...and they are stupid. - Dwight D. Eisenhower

"Should any political party attempt to abolish social security, unemployment insurance and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes that you can do these things. Among them are a few Texas oil millionaires, and an occasional politician or businessman from other areas. Their number is negligible and they are stupid." -- Dwight D. Eisenhower

[uppityperson]

14. Bush's speechalist video link here

http://www.milkandcookies.com/links/23894
It takes a bit to load with dialup, but I think it iss one of the funniest things I've seen recently.

[Al-CIAda]

15. Thanks, lmao! nt

[Pithy Cherub]

16. Has bush been reading above his grade level again...

That is like the gobbledygook that comes out of corporate BS annual reports. Is he reading Bedtime for Halliburton...:yoiks:

[SammyWinstonJack]

17. As is usual with anything the village idiot says, I had to read it

over and over and IT still made no sense. :crazy: Does he even understand what he is trying to explain? What a MORAN! Either that, or he knows it's bushit and he's trying to cover up the stink of it. One thing is clear though, he still trying to steal SS monies for his Wall Street Corporate cronies, and trying desperately hard to make it sound like it's a good thing for the average 'Murican.

[TrogL]

18. An oldie but a goodie

It makes a little more sense if you've heard the question - but not much.