"None of it makes a lick of sense"

As CNN's Lou Dobbs said yesterday before the State of the Union Address:

"How in the world do you rationalize private accounts, a $2 trillion addition in the ten-year projection across the federal government? None of it makes a lick of sense right now, let's just be honest. There's no crisis, there is no way in the world that this government responsibly could undertake $2 trillion in further debt, and seniors don't want anyone messing with their Social Security."

Here's brief, point-by-point analysis of Bush's main arguments last night, versus the truth.

For more details, here's a review of the speech from David Corn, whose website www.BushLies.com is a must-read.

Keep up with exaggerations and misleading statements on both sides of the issue at www.factcheck.org, from the Annenberg Public Policy Center at the University of Pennsylvania.