Wednesday, March 30, 2005

c'mon, no one is this stupid!

First seen at Daily Kos :
Snow Baffled by Resistance to Private Accounts

BOZEMAN, Mont. (Reuters) - U.S. Treasury Secretary John Snow said on Wednesday he was confused by resistance to the Bush administration's plans to overhaul the Social Security system, while protesters blasted the proposed private retirement accounts during his stop in Montana.

Snow, in remarks to the Chamber of Commerce in Bozeman, said he believed personal accounts for young workers would be cost-free for the existing Social Security system and would not affect benefits to retirees or near-retirees.

"For the life of me, I can't imagine why anybody would argue against young workers having the ability to invest and build a better retirement for their future," Snow said.
"Why wouldn't we do this? I have not heard one good reason not to and it's hard to figure out why anybody would oppose it," he said.


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This is the US Treasury Secretary?! He can't be so stupid that he's spouting lies so outrageous that even bush won't say them (and that's saying a lot!)! "Cost-free"?!?! It is being conservatively stated that it will cost $1-2 TRILLION dollars?!?! Benefits cuts are guaranteed! Even bush says that private/personal accounts will do nothing to help the solvency problem! What kind of drugs is this man on?!