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  • Stop the Presses - (John Corzine(D) says print more paper money to fix Soc. Sec. problem!)

    04/12/2005 9:07:08 AM PDT · by CHARLITE · 35 replies · 1,215+ views
    NATIONAL REVIEW ONLINE.COM ^ | APRIL 12, 2005 | DeROY MURDOCK
    President George W. Bush traveled April 5 to Parkersburg, West Virginia to visit the so-called Social Security Trust Fund: a filing cabinet filled with paper. "There is no trust fund — just IOUs," backed by no economic assets whatsoever, Bush noted. Senator Jon Corzine (D., N.J.) called the president's remarks misleading. In a conference call with journalists, Corzine said: "U.S. Treasury securities have the ability to be paid under any circumstances based on the ability of the government to print money." While Corzine's press secretary denies this comment was a concrete proposal, at this writing, the senator proudly highlights this...