Accessing The Bush Years: Early Returns

Coming Soon!  

The George W. Bush Presidential Library of the future promises it will explore “A Time Of Great Consequence,” and every day we learn a little more about the joy Bush stored up for us.

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Today’s delight is a Boston Globe report that while Bush was frustrated in his mad dream of sinking your Social Security money into the stock market, he did manage to destroy one big pile of cash.

We now know that the Pension Benefit Guarantee Corporation, the shaky entity standing behind your pension, bet the farm last year on the stock market. The losses are still coming in, just as a new round of pension plans collapse into the PBGC’s withered arms.

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