Can anybody find the full text of Kerry's speech? I can't. What I do find, does not lead me to believe he was making a joke directly at Bush, but at the military in general.

The way I interpret what he said, based on the quotes I can find, it sounds like he is saying.

"If you don't study hard, your only option will be to go into the military, and you'll end up in Iraq". Which to me equals, only under achievers and the uneducated are in the military because that's all they can do.

I mean how can he be referring to Bush when Bush graduated Yale? I mean, I don't really like the guy myself, but he's hardly uneducated.