Remove magento footer links.

If you want to remove the “Help Us to Keep Magento Healthy – Report All Bug” from footer, navigate to

app/design/frontend/default/default/template/page/html/footer.phtml 

of your theme assuming that you are using default magento theme . Otherwise navigate to your related theme file and remove the following line

<p class="bugs"><?php echo $this->__('Help Us to Keep Magento Healthy') ?> - <a href="http://www.magentocommerce.com/bug-tracking" onclick="this.target='_blank'"><strong><?php echo $this->__('Report All Bugs') ?></strong></a> <?php echo $this->__('(ver. %s)', Mage::getVersion()) ?></p>

If you want to remove the menus seens in the footer like “Site Map, Search Terms, Advanced Search, Orders and Returns, Contact Us” Then remove the following code from page.xml

<block type="page/template_links" name="footer_links" as="footer_links" template="page/template/links.phtml"/>