From Josh Marshall's Talking Points Memo
Next Tuesday President Bush is taking the Bamboozlepalooza Tour to West Virginia. But he's going somewhere special, Parkersburg, home of the Bureau of Public Debt. That's where the Treasury notes that make up the Social Security Trust Fund are kept -- the ones the president and his allies deride as worthless slips of paper or worthless IOUs.
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But whenever the visit occurs, the clear aim is to create footage of the president chatting up or even handling the debt instruments he says are worthless and that he is so committed to not repaying or defaulting on.
Now, if there were any shame in the man or any sense in the media, this would be treated like a case of the crook returning to the scene of the crime -- only we might say, in this case, in advance of the bad act he aspires to.
But it would certainly make sense for the supporters of Social Security to raise this question again now in the clearest terms: Does the president believe that those Treasury notes are backed by the full faith and credit of the United States and will he guarantee those funds will be repaid?
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http://www.talkingpointsmemo.com/archives/week_2005_03_27.php#005309