legalmoose

heterodoxy will appreciate this.

From The Nation, an article extending their Republican Dictionary, but which spends the first bit talking about the hooey that is the "personal accounts" the administration has proposed. My favorite quote:

But wait, it gets better. These personal accounts aren't exactly US government loans either, because our government under the fiscal stewardship of George W. Bush no longer is running a surplus and therefore does not have the $4 trillion or so needed to cover the transition costs, and Bush refuses to raise taxes on his base (BUSH'S BASE, n. the wealthy).

So our government will have to borrow that cash. And if the last three years are any guide, our largest single loan officer will likely be the Central Bank of China. And who runs China's Central Bank, China, and the Chinese people with an iron fist? Why, it's our old friends, the democracy-loving, freedom-marching Chinese Communist Party. So Bush's personal retirement accounts=private retirement accounts=US government loans=US government borrowing=Chinese government lending=Chinese Communist Party loans.

Or as we like to say in Republican Dictionary land:

PERSONAL RETIREMENT ACCOUNTS, n. Chinese Communist Party loans.

It would be funnier if it weren't so sad, and so true.