Bush confused on treasury bonds.

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Friday April 29, 2005 · 8:48 AM PDT

2005/04/29 · 08:48

Not sure if anyone else caught this, and I was hoping someone from the press might ask about it, but I don't think they did.

From last night's press conference:

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.

And then later, discussing how social security works:

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.

I'm not a social secuity expert, but aren't those IOUs that he's so down on the same Treasury bonds (the ones backed by the full faith and credit of the United States government)?

(I just realized that Josh Marshall noticed the same thing, sorry to be repetitive.)

High School Naval Academy in Chicago

propagan

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Saturday December 18, 2004 · 10:21 AM PST

2004/12/18 · 10:21

Senn High School in my neighborhood in Chicago is going to house a naval academy starting next year. I've already written to Sen. Durbin to express my displeasure with him securing "$2.1 million grant to help launch the naval academy." When the school board voted to put the academy at Senn, more than 100 students from Senn High School walked out in protest. Read More

Rumsfeld doesn't have the army that he wants

propagan

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Wednesday December 08, 2004 · 12:58 PM PST

2004/12/08 · 12:58

In response to a soldier's question about why soldier's were forced to go through landfills looking for materials to "up-armor" their vehicles (which drew quite a bit of applause), Rumsfeld replied (in part):

"You go to war with the Army you have, not the Army you might want or wish to have."

Telling the troops they aren't the army he wants, would seem to be quite a morale buster. It would also seem to be untrue, since it was his leadership at the pentagon that shaped the army into what it is today.

More at the AP, including video.

Briefing on Social Security

propagan

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Monday December 06, 2004 · 2:52 PM PST

2004/12/06 · 14:52

Today's press briefing is worth reading. It's always interesting to see the questions the reporters actually ask, and how much they push in these sessions, and then see what actually gets printed in the papers.

Today's briefing discussed Bush's plans for privatizing Social Security. And as vague as he was about paying for it during the campaign, things aren't any clearer now. Read More

How about Reich?

propagan

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Friday December 03, 2004 · 2:56 PM PST

2004/12/03 · 14:56

There is a lot of talk about Howard Dean for DNC chair. I think this is based on his being seen as being from the "democratic wing of the democratic party."

How about Robert Reich?

His progressive credentials go back quite a way, and he has been very consistent with them.

His views are based on logic, and not partisanship.

He is very charismatic, which is important for the money raising required of a DNC chair.

My guess is he wouldn't want the job, but when has that stopped anyone from suggesting a candidate?

For more on Reich and his views:

http://www.robertreich.org/reich/biography.asp
http://www.issues2000.org/Robert_Reich.htm
http://www.backbonecampaign.org/cabinet/nominee.cfm?ID=99

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