Ed Schweppe (edschweppe) wrote,
Ed Schweppe
edschweppe
  • Mood: annoyed

It probably didn't make any sense live, either.

Since President Bush had the temerity to schedule his big press conference during choir rehearsal, I missed the show. But, courtesy of CNN's transcript, I did see what he more or less said. Which, this being our rather less than intellectual President, included a couple of truly off-the-wall gems.

A real beauty:
Gas can only be transported by ship, though, when you liquefy it, when you put it in solid form.
Err, right.

Then there's this pair: First, the President says that the private Social Security accounts should include a Treasuries-only option:
I know some Americans have reservations about investing in the stock market, so I propose that one investment option consist entirely of treasury bonds, which are backed by the full faith and credit of the United States government.
Which sounds okay, until he describes the current Social Security situation:
You pay into the system through your payroll taxes and the government spends it. It spends the money on the current retirees and with the money left over, it funds other government programs.
And all that's left behind is file cabinets full of IOUs.
Said "IOUs" being, of course, Treasure bonds backed by the full faith and credit of the United States.

Sigh. At least, when my choir sings, we get better with practice. Wish I could say the same for my government.
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