Pelosi - Social Security is Bush's fault

Nancy Pelosi, an obvious victim of Alzheimer's disease, doesn't seem to remember when Bush tried to reform social security right after he was re elected in 2004..........

House Speaker Nancy Pelosi, reacting to a dire government report on the solvency of Social Security and Medicare, says it’s all the Bush administration’s fault.

"The Trustee's reports reveal that, just as they left behind a record of recession, deficits and debt, the Bush administration's economic and fiscal mismanagement undermined the strength of Social Security and Medicare,” Pelosi said Tuesday in a news release.

According to the trustees’ reports, issued Tuesday, Social Security is spending more than it is taking in, partly because of the economic recession and its depressing effect on payroll taxes. “Medicare's financial status is much worse,” the trustees said.

Nevertheless, Pelosi on Tuesday insisted that President Obama and Congress “will keep the promises of Social Security and Medicare to today's seniors and persons with disabilities and tomorrow's retirees.”

She said Obama’s economic stimulus program is helping, by providing seniors with a $250 rebate this month.

"The previous administration's shortsighted economic policies and fiscal recklessness have made the task of strengthening Social Security and Medicare for the future more difficult, but President Obama and Congress are prepared to meet this challenge,” Pelosi said.

“By strengthening our economy and creating jobs, and by finally tackling the challenge of health care, we are already working to protect the promise of Social Security and Medicare for all Americans."

During his two terms in office, President Bush repeatedly tried to get congressional Democrats to go along with his plan to reform Social Security, but Pelosi and her fellow Democrats refused to even discuss what they called Bush’s “risky partial privatization plan.”

But that's consistent with her memory of the status of social security.

Indeed, in a May 10, 2005 news release, Pelosi declared, "There is no Social Security crisis. We all agree that there is a problem down the road that we should address before it becomes a bigger problem,” she said. But Congress, under Pelosi’s leadership, did nothing about it.

If there was ever someone who needed water boarded it's Pelosi. It's OK because she wouldn't remember it the next day.

More.....