Yes, in a way
See [link|http://z.iwethey.org/forums/render/content/show?contentid=221494|this subthread] for a complete breakdown of the term.
Note that the original inspiration for the term comes from our [link|http://z.iwethey.org/forums/render/content/show?contentid=214283|Master of The Queen's English] (no, not CRC, the other Master...). See the last paragraph.
HTH
jb4
shrub●bish (Am., from shrub + rubbish, after the derisive name for America's 43 president; 2003) n. 1. a form of nonsensical political doubletalk wherein the speaker attempts to defend the indefensible by lying, obfuscation, or otherwise misstating the facts; GIBBERISH. 2. any of a collection of utterances from America's putative 43rd president. cf. BULLSHIT