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Thursday, April 07, 2005

 

Why do Republicans Hate America?



The pure hatred that Republicans feel for America is starting to become overwhelming. The most recent example is from President Bush, who suddenly feels the need to suggest on camera that the United States does not honor its financial obligations--a very strange thing to say given that A) it's not true and B) some $2 trillion in U.S. debt is owned by foreigners:
Mr. Bush...posed next to a file cabinet that holds the $1.7 trillion in Treasury securities that make up the Social Security trust fund. He tossed off a comment to the effect that the bonds were not "real assets." Later, in a speech at a nearby university, he said: "There is no trust fund. Just i.o.u.'s that I saw firsthand."

Social Security takes in more money than it needs to pay current beneficiaries, and the excess is invested in the Treasury securities that Mr. Bush was discussing. They carry the same legal and political obligations as all other forms of Treasury debt, every penny of which has always been paid in full and on time.

In his speech, Mr. Bush went on to acknowledge that future generations would have to make good on the debt. But the intended meaning of the photo-op was clear. In the hope of persuading people to privatize Social Security - a move that would only add to the growing debt burden for future generations - Mr. Bush wants Americans to believe that the trust fund is a joke. But if the trust fund is a joke, so is the full faith and credit of the United States.
Meanwhile, Texas Republican John Cornyn believes that violence against judges is understandable given that they sometimes make rulings that Republicans disagree with:
Senator John Cornyn, a Texas Republican, rose in the chamber and dared to argue that recent courthouse violence might be explained by distress about judges who "are making political decisions yet are unaccountable to the public." The frustration "builds up and builds up to the point where some people engage in" violence, said Mr. Cornyn...
Why do Republicans Hate America?

Comments:
Bush doesn't hate America, He just loves it too hard!.

Although our Republican friends Loved taking shots at Kerry for "flip-flopping", I see that Mr. Bush is taking a page from him (as if this is anything new). Thanks to Mr. Rove, he has been taking the most politically opportune position. First in favor of the Schivo legislation, and realizing that this was not as popular as he thought distancing himself. It seems that the common person is much more savy than he realized. His approval ratings are low and he is barely recovering. Even letting the good time roll by running up the national debit is not buying him much.

I doubt that history will remember Bush well. The more I see him the more I realize that is father was much wiser and far more able.
 
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