Treasury Dept meets the public with false Soc Sec statements

[housewolf]

From Josh Marshall's Talking Points Memo -

The Treasury Dept is trying to help GWB sell (oops, I mean "propagandize") (oops, I mean "lie about") Soc Sec privitazation to the public.

Sect'y Snow and Treasury spokesman Rob Nichols are lying through their teeth, telling the public things like this: "He also was emphatic that there would be exactly zero transition costs for establishing private accounts." and "actually say out loud that U.S. government bonds in the trust fund are just worthless IOUs,"

Go here to see how the Washington State audience responded to these wacky projections:
http://www.talkingpointsmemo.com/archives/week_2005_03_27.php#005292