We can guarantee cash...

If you ever wondered what the future will bring for the US dollar, stop wondering. One just has to listen to the Federal Reserve (that's the agency printing them). "We can guarantee cash, but we cannot guarantee its purchsing power", said Fed chairman Alan Greenspan in his latest testimony to congress. Very reassuring!
I am astonished that this quote, which can be viewed at c-span's website, never made it to the newswires. Seems they like to stick with the propaganda of the Bush regime. While we hear a lot about the urge to reform social security by putting people's retirement at the risk of market fluctuations (that fluctuation is DOWN for the last four years), media remain silent about the much bigger risk of not reforming Medicare and Medicaid, a problem several times the size of social security and approaching much faster then it. Remember, social security does not pose a problem until 2040.
But who cares as long as Globocop brings freedom and democracy to the oil rich country of Iraq - heard anything about the actual outcome of the elections yet? Please inform me!