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June 16, 2005 - Rush Limbaugh Program
35:18
June 16, 2005, Thursday, Hour #3
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Did you all see where the Felt family, the Deep Throat family has finally inked their big movie and book deal?
They're going to get their cool million here.
I think it's with Paramount.
And I applaud them.
Since Bob Woodward and Bernstein wouldn't give them any money, I mean, where was the justice in that?
Bernstein and Woodward were stenographers, basically, for what Deep Throat told him.
And Deep Throat, sitting out there in his mother's garage in Santa Rosa, maybe not even know where he is anymore.
Family out there basically starving.
You see his daughter, his daughter's a stick.
She turns sideways.
She wouldn't even make a shadow.
And so they hear Woodward and Bernstein, they sold their papers to the University of Texas at Austin for a cool $5 million some time ago because Bernstein needed the money.
But old Deep Throat, I mean, they didn't share a dime of it with him.
So he had to go out.
His family had to go out and make their own movie deal.
And apparently they've done it.
They got a cool mill.
And congratulations.
I mean, if there's going to be all kinds of money in journalism, I think that the source ought to get some.
Damn straight.
Welcome back, ladies and gentlemen.
El Rushbo, the all-knowing, the all-caring, the all-sensing, the all-feeling, all-concerned, maha rushy serving humanity simply by showing up.
The telephone number is 800-282-2882, the email address.
If you want to be on the program rush at EIBnet.com, don't forget our Club Gitmo t-shirts at our Club Gitmo Resort section of RushLimbaugh.com.
We've got two, we got, we got, what do we have?
We have two t-shirts, the same kind of t-shirt.
They both say Club Gitmo on the front, but they each say something different on the back.
They're $19.95 regardless of size, small through double X. I'm getting a couple complaints from people who worry that we're not making our clothing apparel available for fat people.
And I'm, my gosh, if you can't do a 2X, it may be time to be looking at something else.
Or you could buy two XLs and sew them together or something.
I will make an effort to see if we can find some 3 and 4 X's out there, but I make no guarantee.
But we're looking to add other items in the Club Gitmo gift shop, soap on a rope and bath towels, maybe some talcum powder, nail clippers, whatever it might be, mugs.
We could end up, depending on how long this goes, we could add quite a few items to the gift shop at Club Gitmo section of RushLimbaugh.com.
And I want to remind you one more time, there's a so I really would like you all to read this if you have time.
This quest by the Palm Beach State Attorney to continue to force me to give up my privacy to prove my innocence because they've assumed my guilt.
We had another court hearing on my medical records yesterday and we filed our motion.
And our motion is eye-opening, I think, in terms of informing people what's really going on here and what has been going on for a year and a half with this whole doctor shopping allegation.
I mean, it's a crime.
It has not even been prosecuted in this county before.
The statute's been around 10 years.
I think it was prosecuted one time.
The guy died before it got anywhere.
But clearly, the state said in all of their appellate briefs that they didn't know what to charge until they saw the medical records.
We don't know what, if anything, to charge, which is a direct quote from their brief.
So clearly, that means they're fishing.
I mean, we need to see what's in there to see if there's anything we can charge the guy with.
So we've posted the motion.
Focus on page two and pages four through nine.
It's a large motion.
It's about 1.9 megabytes over 40 pages.
And a lot of legalese in there with precedents and so forth.
And you legal Beagles will enjoy reading it.
For those of you who don't want to go through all that, just focus on page two and then pages four through nine.
And we posted a couple newspaper stories that are pretty good accounts of the hearing yesterday from the Palm Beach Daily News and the Palm Beach Post.
So, and they're right there, right under the Durban section.
You can't miss it.
Right under the Durban section at rushlimbaugh.com.
And I really would like for you to read this because it'll help you understand it.
I really want as many people to understand what's going on here as possible.
And a number, you know, the press, just to give you an illustration, the media was given a copy of the motion, and very few of them wrote what's in it.
A couple of them did, and that's why we posted or did a pretty good job of it, and that's why we've linked to those two.
But most of them ignored it and just, you know, repeated whatever the state says, which is the way the media works with law enforcement these days.
But there is our side to this, and it is on my website at www.rushlimbaugh.com.
Hillary Clinton has won what I guess is the first presidential straw poll in the Democratic Party in South Carolina.
Richland County, South Carolina Democrats, held the nation's first straw poll for the 2008 presidential race yesterday, and the surprise winner was Hillary Clinton of New York.
The surprise winner?
Who do you think it was going to be?
John Edwards?
John Kerry?
We're simply delighted, said Bob Kunst, president of HillaryNow.com, traveling the country promoting Hillary's candidacy.
This ought to help us in our effort.
Gives us a nice boost.
Clinton's victory at the sparsely attended event was a mild upset.
Former U.S. Senator John Edwards of North Carolina, a native South Carolinian and last year's Democratic vice presidential candidate, had been considered the favorite.
Why?
Why would anybody consider Edwards the favorite?
He didn't carry South Carolina or North Carolina.
He was born in South Carolina, lived in North Carolina, didn't carry either of those even in the primary.
Did he win South Carolina in the primary?
Did he win one of these two in the primary?
I don't recall.
Not that it matters.
But here's this made huge news, but here are the numbers.
Clinton got 44 votes in the straw poll.
I can't believe I'm even talking about this.
Edwards got 34 votes.
Virginia Governor Mark Warner came in third with 32 votes.
And Senator Biden of Delaware got 24 votes.
John Kerry was not even a factor.
John Kerry, who desperately wants this nomination again, folks, he desperately wants to give it another goal as the party's presidential nominee, not even a factor in South Carolina.
But of course, that is understandable.
Kerry, during his own campaign in 2004, said, we don't need to win the South.
Who cares about that?
We don't need the South to win the presidency.
And the South will remember statements like that by people from the Northeast.
They'll never forget them.
House of Representatives yesterday defied President Bush and voted to make the first changes to the Patriot Act by prohibiting authorities from obtaining records on a library.
That would be libary for those of you in Riolinda and bookstore patrons.
The change, which passed 238 to 187 as an amendment to a larger spending bill, comes as both chambers of Congress are debating the future of the Patriot Act and whether to extend 16 provisions that will expire at the end of this year unless both houses and the president approve their extension.
Yesterday's vote indicates that the president will not win extension of all the provisions when Congress votes specifically on reauthorizing the 16 provisions later this year.
In a statement to the President of the United States, it is a statement to the President of the United States and to the Republican leadership that you have a strong tripartisan coalition that's saying, we're going to do everything we can to protect the American people from terrorism, but we're going to do it in a way that does not undermine our rights as a free country.
These are the words from Bernie Sanders, Vermont socialist and the amendment's chief sponsor, Frank Wolfe.
Representative Frank Wolfe, a Virginia Republican, said it was better to err on the side of caution than to risk another terrorist attack.
I don't want to make a mistake that may very well lead to something else happening, he said, urging the House to wait and let the Judiciary Committee finish its examination of all 16 expiring Patriot Act provisions later this year.
So this is the provision that deals with the ability of authorities to obtain library records and bookstore records.
How did they forget medical records in this?
The most dangerous man in America.
Rush Limbaugh.
Why am I the most dangerous man in America?
Because there are gazillions of you out there listening every day who know I'm right.
We have more audio sound by some Dick Durbin.
He just will not be quiet.
This morning on the floor of the U.S. Senate, Senator Durbin said, and this is almost laughable, that we need to attack energy efficiency in this country like we did World War II.
Can we, over the next 20 years, reduce our dependence on foreign oil by 40%?
No.
It's a challenge.
It's not as great a challenge as putting a man on the moon, but America did it.
Hell yes, it is.
Stop the tape for crying out loud.
Senator, your party's against what you're proposing.
How are we going to do it?
You won't let us drill for oil and end war.
You won't let us explore new regions off the coast of the United States.
Where are we supposed to get this oil?
Oh, I know.
We're supposed to go hybrid.
We're supposed to go helium.
We're supposed to go methane, whatever the hell we're supposed to use.
Excuse me, methane always does that to me.
So we're supposed to go alternative, are we?
Yes, Senator Durbin.
We got to attack this like we attacked World War II.
Hey, Senator Durbin, how about attacking the war on terror the way we attacked World War II, huh?
Because the Manhattan Project, when President Franklin Roosevelt said, develop an atomic bomb that will end World War II, but we did it.
And I am confident with the creativity and ingenuity of America, we can meet this challenge.
40% reduction in dependence on foreign oil over the next 20 years.
Okay, you're confident with the creativity and ingenuity of America.
You're going to tax the people that come up with this idea.
You're going to tax their achievement, huh?
You're going to punish them, Senator.
They make too much money coming up with ideas to implement your plan.
You're going to punish them?
Hmm?
I find this amazing.
We've got to attack this the way we attacked World War II, but how about fighting wars like we fought in World War II, Senator?
Hmm.
Then Durbin said anybody, he said anybody who drives a Hummer should join the Army.
People drive these Hummers.
Have you ever seen them?
I personally think if you want to drive a Hummer, you ought to join the Army.
But people want to buy them, want to go on the road and get five or six miles a gallon.
And Detroit keeps churning out these big, heavy cars.
Well, from my point of view, we ought to step back and say as a nation, isn't it worth something for us to have more fuel-efficient vehicles so we don't get drawn into foreign conflicts over oil?
It is more important to me to drive a sensible car and to spare someone's son or daughter from serving in the military in the Middle East in a war.
That is not a great sacrifice on my part, and it's certainly a great reward if we have fewer and fewer times where we're entangled in this Middle East problem that continues to this day over our sources of oil.
Are we given to understand here that he thinks we're in Iraq and the war on terror is really about oil?
Is that the message he's sending these kooks?
That's what he's saying.
He's regurgitating more kook conspiracy theories.
This is all about war.
And you people, you driving these Hummers five, six miles to the gallon, you ought to go join the army.
You shouldn't be able to drive what you want to buy.
I think he'd be advocating higher gasoline prices then.
The higher the prices go, the lower people will demand, the more Mileys they'll demand to get smaller cars.
That's the theory.
You know what I've always pointed out?
It's true.
It is absolutely true.
As gasoline prices come down, what do people do?
Testing?
One, two, three.
They drive more, right, Mr. Snurling.
Way to be, way to be.
They drive more.
Exactly.
And then what happens then?
They use more fuel.
So the answer here is not just conservation, and it's not just alternatives.
This is an oil-based world economy, and it's not going to change anytime soon or thereabouts.
Hell, what was it, the Saudis or OPEC that they said they got enough oil for the rest of time?
They said there's enough oil for the rest of human existence.
They have it.
And I'm sure the world does, too.
All this talk about shortages is a crock anyway.
Here's Jim and Fort Meade.
I'm glad you called, sir.
Welcome to the EIB network.
Hey, Rush, this is Mega Dittos.
I'm been a longtime listener, and I miss your TV show.
Thank you, sir.
Hey, you know, I'm really concerned.
I'm really pleased that the American people, that despite the left's best efforts to paint me and my fellow soldiers as Nazis and members of the Khmer Rouge, that the American people still overwhelmingly support what we do.
Well, they do.
There's no question they do.
And you ought to be, you know, the American people are not only supportive, but they're proud of what you and your compatriots are doing.
And people like Durbin are not speaking for the majority of Americans, and you know that, right?
Yeah, I do, Rush.
And I think that the more that the left hammer at it, I think the more that the American people are going to leave the ranks of the left and join the right-thinking people of America.
Well, we would hope something like that will happen.
I think it is happening.
I think that's why the Democrats are in the trouble they're in.
I think theirs is a last gasp for existence as they have always known it.
Their playbook and their template is old, old, old.
And they really do.
I think Ralph Peters has a point.
I think they really would like to go back to where we're fighting a Cold War and the intellectuals have a chance to set up a dictatorship where the intellectuals run the world.
Intellectuals of the world would run the world.
And they're just fed up that Reagan succeeded.
They're fed up that the seat of world intellectualism, which is going to be some strain of communism or socialism, has gone down the tubes.
It can't win in elections.
You know, the thing is, liberal ideas, when honestly put forth, do not win.
And this also frustrates them to no end.
Jeff and Laffey at Indiana.
Hello, sir.
Welcome to the program.
It's great to have you with us.
Super mega dittos, Rush.
How are you?
Fine, sir.
Never better.
Thank you.
Been with you since 1988, the first day on WLS.
Well, that goes back our ways.
I'm honored to have you that long.
I could not believe you brought up the hummer a while ago.
I'm following a Hummer down the interstate right now.
And on the wind on the back window, Carrie Edwards for a strong American bumper sticker.
That just doesn't make sense, does it?
You got a bunch of liberals on the highway you're following.
They got a Kerry Edwards sticker on the back of their Hummer.
I hear you, man.
They do, yeah.
Yeah, I'll get right to my point here, Rush.
I think if the Senate can censure Trent Watt for what he did, I think Dick Durbin should be censored by the Senate.
I've heard a lot of people, you know, it's a good point.
A lot of people have made that point that Trent Watt was simply out there making a comment at a birthday party to joke about Strom Thurmond, and it was really harmless.
And here comes Durbin with this business of comparing American troops to Nazis and Pol Pot and Soviet gulags and his refusal to apologize.
And by the way, it's an excellent point, but have you seen, Jeff, have you seen any outrage anywhere other than on this program or other conservative talk programs?
But you haven't.
You haven't seen any outrage over this on CNN.
CNN is not even talking about this.
You won't see this on the evening news.
It doesn't even raise their dander.
It doesn't even cause a ripple in their backyard swimming pool.
It's not a big deal to them.
And all of you people, but I keep getting email.
You're calling Durbin's office demanding that he apologized.
No, he's not going to apologize.
And we don't want him to apologize.
He meant this.
We need to urge him to keep saying it and stand by it.
That's what we need to do.
Talent on loan from God.
All right.
I understand many of you are continuing to call Senator Durbin's office.
I wouldn't waste my time.
They're not going to listen to your complaints at Senator Durbin's office, and they're not going to do anything based on what you say.
And they're just going to think that it's a bunch of right-wing kooks calling anyway.
The best thing could happen is for Durbin's people to think that, well, look, the point here is not to get people all riled up about Durbin.
We're not continually talking about this in order to get people riled up at Senator Durbin.
That's not the point here.
The point here is simply to inform people, this is who the Democrat Party has become or what they've become.
He epitomizes what they believe.
That's the lesson here, folks.
And I think if you're going to call Senator Durbin's office, call him, be nice, and say thanks.
Try that.
Call him up and say, and I'm not going to give out the number.
If you want to do it, look it up.
But call him up and say, I just want to thank Senator Durbin for letting people know who the Democratic Party today really is.
He's done a great service, and I urge him to speak out more.
You know, be positive.
You know, be supportive.
Call up Durbin's office.
Say, you guys, you're really, you are doing more than any other Democrat alive today to identify who you are and tell people what you stand for.
And we thank you.
And we applaud you.
And we urge the senator to keep speaking like this.
If you want to call and complain and moan at them, they're just going to hang up on you.
And they're not going to take you seriously.
If you call up all positive and compliment them, why they'll love you.
Our old buddy Sal at Patsy's, the chef at Patsy's, just sent me an email.
He's going to be on QVC tomorrow for a six-minute segment between 11 and noon Eastern Time to sell frozen eggplant parmesan.
And he wanted me to mention this on the radio today that Sal's going to be on QVC tomorrow to sell frozen eggplant parmesan.
I'd be happy to tell everybody you're going to be on TV tomorrow, Sal.
Since you're not on at the time this program's on, I'd be glad to tell them.
So it's between 11 and noon on QVC tomorrow.
People at Patsy's are the finest people on earth.
If you ever get to New York and you want to have some old Neapolitan Italian cuisine, Patsy's is on 56th between 8th and Broadway.
Here's Bill in Jefferson City, Tennessee.
Welcome to the program.
Hi, Rush.
Yes, sir.
It's Johnson City, Tennessee.
Oh, I said Jefferson.
I misread that.
You're right.
Jefferson City in Missouri.
I give you.
I take it, Bill.
If you don't detect a southern accent, I'm a refugee from Massachusetts, and I don't have to explain to you why I left there.
What I wanted to say, Rush, is that my son and his wife and my two grandchildren, they live in Gitmo.
They live there.
Yeah, well, my son's in the Navy.
Okay, your son's in the Navy, so your son and his wife, your two grandkids, live at Gitmo.
Yeah, they live in Cuba, Guantanamo Bay.
Yeah, Okay, what I'm saying is, and this will strike in there, not with a major portion of the country, but with the people that are going through the same thing who have children there.
I just want the American people to know that there are young American children there.
Well, are you not?
Are they being tortured, too?
Well, I'll tell you, it isn't easy for them.
You know, my granddaughter's 13, grandson's seven, and we have to send them packages because there's a lot of things they can't get there.
All the things that the American kids take for granted.
This takes the cake.
Wait, you are sending care packages to your son who's in the Navy and his family.
Well, they can't get some of the things.
No, I understand.
I understand.
They're in the U.S. Armed Services, and they're probably not eating as well as the prisoners are eating.
It turns my stomach, Rush, to know that a prisoner could probably ask for filet mignon and get it.
And I have to send my kids Oreo cookies and fruit roll-ups.
They can't get there.
Actually, the prisoners are even being treated better than my grandchildren are.
And, you know, there's not a lot for kids to do in foreign countries.
They're so restricted.
But they don't complain, Rush.
The kids don't complain.
My son doesn't complain.
His wife, they believe in what they're doing.
And I've never heard a complaint out of their mouths.
You know, I'd be careful who I admit this to if I were you, Bill, because what will happen, Senator Durbin will hear about this, for example.
And Durbin will accuse you of sending torture toys to your grandchildren to teach them how to be prison guards.
You got to be careful who you admit this to.
Yeah, well, I just hope I don't see Senator Durbin crossing the street on my way home from work tonight.
What do you drive?
What do you drive me?
What kind of car do you drive?
Oh, I drive a little Ford Taurus.
A Ford Taurus.
It's not a Hummer.
If you saw Senator Durbin crossing the street, he'd be kindly disposed toward you.
I listened to your previous caller, and honest to God, Rush, I work where there's a lot of parking lots, and all the Hummers, all the SUVs got the carry stickers on them.
I swear.
I know it's not.
And they're the first ones to complain about the environment.
It's the far left that's owning all these private jets and flying around in the Save the Turtles conventions and stop burning fossil fuels conventions and so forth.
And their excuse is, well, we're filling the jet.
It's a very efficient way to get around.
It's not just a bunch of empty seats out there.
That's what they say.
Did you say you work where there are a lot of parking lots?
Yeah, I don't want to give away my job because I'm kind of like working now.
But I just wanted to let the American people know that there's not just servicemen and women in foreign countries.
There are also American children there.
The families don't drive it.
They don't have it easy.
You know, I call the kids on the weekends and I say, what are you doing?
Well, they don't have a lot to do.
It's a foreign country, you know, and they're so restricted.
Let me get serious for a moment because you're exactly right.
Mr. Snurdley, what is the Frankie from somewhere in Frankie Mayer in Florida?
Frankie Mayo, some years ago, after we went into Iraq, started this nationwide effort to send air conditioners to the troops in Iraq, to send air conditioners, because they're not provided with the Army.
And a number of people have contributed to her cause.
It's ended up in a lot of air conditioners that get sent to Iraq.
It's 130 degrees some days in the summer over there.
I'll bet it doesn't get that hot at Gitmo.
And, of course, nobody has to send air conditioners to the prisoners at Gitmo because it's provided.
Don in Tampa, welcome to the program, sir.
Yeah, Rush.
SUV did it.
Good to talk to you again.
Thank you, sir.
Yeah, about this Hummer thing that Durbin's talking about.
You know, he's trying to have it both ways because the liberals complain when they drive hybrids because they're not using enough gas because then they don't get enough gas taxes.
And then you drive a Hummer, whoa, that's too much gas.
How are they complaining that we're not using enough gas because of the hybrids?
Well, then they get such good gas mileage, they don't get enough fuel taxes.
Oh, yes, yes, yes.
I remember that we had that story.
The state of Oregon, state of Oregon was urging people to drive these more fuel-efficient cars.
And so people were doing it.
And they were using less gasoline, and the gasoline tax receipts were going down.
So they were going to change the whole method of taxation.
How many miles you drive are going to put sensors on the gas pumps that would coordinate with your odometer and charge you by the mile you've driven rather than by how much gasoline you buy.
And California's looking at incorporating the same system.
So that's true.
And the states forget to think about this when they're urging everybody to start these conservation methods.
And that is funny.
A couple other stories here before we go to the break.
Will Wester, AP, the public's image of the Supreme Court has eroded over the past seven years.
Just over half of those in a new poll saying that they have a favorable view of the high court.
With major changes expected as aging justices leave the bench.
57% of people had a favorable view of the court in a poll by the Pew Research Center for the people in the press.
Only Justice Clarence Thomas, who is 56, is under the age of 65.
Nominations of new justices are likely in the coming months and years.
So people are starting to get sensitive here.
Of course, the liberals are saying, we don't care what public thinks because court is insulated from newspapers.
Court are not supposed to pay attention to public opinion.
Court are not supposed to read the newspapers and so forth.
So they have an explanation and an answer for everything.
From the news service Prince Latina, a California university study suggests that oceans will solve global warming in the long term.
is actually from Science magazine, the latest issue.
Experts say that carbon dioxide that comes from fossil fuels will be absorbed by oceans, and that will eradicate the problem of global warming.
However, the problem with that long process is that it'll take a thousand centuries to be complete.
I didn't pre-read this thing, but I just saw the headline and I put it in the stack.
What about the thousand years that led up to where we are now?
Didn't the oceans work then?
They say that the oceans solved the warming problem the last time it happened 55 million years ago.
The scientific hypothesis is based on the analysis of marine sediments deposited during a global warming called the Paleocene-Eocene Thermal Maximum, otherwise known as PETM.
Brian is amazed I can so fluidly pronounce such big scientific terms.
The sediments reveal an abrupt change in the chemical composition of the sea, which started to develop at the beginning of the PETM, again, the Paleocene-Eocene thermal maximum, a period followed by a long and slow recovery.
U.S. University Earth Science Teacher James Zakos explained that when investigating the ocean sedimentary layers, he was able to observe the effects of a quick acidification during the Paleocene-Eocene thermal maximum.
According to the teacher, the CO2 dissolved in the water creates that acidification to expand on the ocean's bottom.
The latest research confirms that nearly half the CO2 produced by man went to the oceans in the last two centuries.
So we're going to be saved by the Paleocene-Eocene Thermal Maximum.
It's going to take thousands of years.
It can only be pronounced this way.
It's four words, Dawn.
It's not one word.
It can only be pronounced that way.
Paleocene-Eocene Thermal Maximum.
If you look at it, if you have any kind of scientific background at all, you'll know there's no way other way you could pronounce this.
I got to run, folks, a quick timeout.
We will be back after this.
In audio soundbite number 12, which we recently played for you, Senator Durbin was talking about you people at Drive Hummers.
Well, this actually said that in Audio Soundbite 13.
In Soundbite 12, he proposed over the next 20 years to reduce our dependence on foreign oil by 40%.
And he said, hey, we can do it.
He said it may not even be as great a challenge as the Manhattan Project when President Roosevelt said develop an atomic bomb that'll end World War II.
I wonder if some president today said, if we didn't have a nuclear bomb and some president said, let's make one, would Dick Durbin be in there supporting him?
And by the way, if we can have the Manhattan Project and get credit for it to create the nuclear bomb, Senator Durbin, why can't we have the Manhattan Project 2 to really get going on nuclear energy in this country?
If you want fuel efficiency and you want to reduce dependency on foreign oil, hey, pal, let's go nuclear.
Oh, FDR doing nuclear is okay, but we can't do nuclear now.
We can do nuclear bombs in the Manhattan Project.
We can't do nuclear power.
Oh, no, because Jane Fonda made a movie once called The China Syndrome, and that's that.
You know, everybody's talking about Senator Durbin, everybody, Michael Duffy, all these people worried about the temperature at Gitmo, air conditioners being turned on and then turned off.
And the prisoners so beside themselves are laying in a fetal position and pulling their hair out.
I will tell you that no matter what, no matter what the temperature gets to at Gitmo, It's definitely cooler than it was at the Branch Davidian compound in Waco when the Clinton administration burned it to the ground.
And come to think of it, I don't remember Durbin saying anything about that when it happened.
He may have, I just don't remember it.
And I think they blasted music for weeks when they tried to get the Branch Davidians to come out of that compound, did they not?
And I thought they brought in big lights to shine on the compound during the night, all intended to keep them from sleeping.
Didn't they do that at Waco?
Where was Dick Durbin when this domestic torture was going on?
These were U.S. citizens the Clinton administration was targeting, including women and children and babies.
And they eventually burned them out with tanks to Waco invasion.
I'm telling you, Mr. Sturtley, much hotter there than it ever is at Gittmall, wouldn't you say?
Some guy in the New York Times today, his name is Norman Augustine.
He's the retired chairman and CEO of Lockheed Martin Corporation.
And he says it's time to raise the price of fame.
He says, you know, when we change tax law in this country to make only the first million dollars of CEO salaries deductible, we didn't do that across the board to Hollywood or any other athlete that makes big money.
He says, why don't we?
Why don't we now tell movie studios and professional ball clubs, football and baseball, basketball, that you can pay these guys whoever you want to pay them, but only the first million is deductible.
You have to pay corporate taxes on everything above $1 million that you pay for them.
He wants to call this the Robin Hood Tax Act of 2005.
He said, the beauty of the Robin Hood Act is not what these funds could do for our country, but what our country could do with these funds.
The added revenues would not be used to reduce the national debt or modify Social Security or even pay for premium pork.
Rather, these revenues would underwrite just three initiatives, providing merit bonuses for public school teachers, implementing the wages of nurses working in public hospitals, and increasing the pay and death benefits of American soldiers serving in combat zones.
The Robin Hood Tax Act of 2005.
Only the first million of any entertainer or athlete's big salary would be deductible.
All the rest would be taxable.
And you know how CEOs got around this, don't you?
Yes, it's real simple.
Okay, so the CEO, have you seen these reports?
CEO's salary $627,000 bonuses, $425 million.
The same thing.
They'd find a way around it.
They always do, unless they just say, we're just, you know, whatever you pay these stars and athletes, we're going to take it.
We're just going to take it.
Which is what somebody will suggest at some point.
Back after this.
The crackup on the left continues.
Five unions yesterday took a step toward leaving the AFL-CIO Labor Federation by forming a coalition that'll support joint efforts to boost membership.
The unions are frustrated that the strategiery, the AFL-CIO leadership to bolster the labor movement indicated their departure from the Federation could occur if the President John Sweeney is re-elected next month.
$200 million a year.
They want to spend $1 billion over five years, $200 million a year to recruit new Democrats.
And this has got some people upset.
And I don't blame them for wanting out of that AFL-CIO.
Folks, you got to go.
Have a great third.
It's already Friday tomorrow.
Is that right?
Unbelievable.
We'll be here.
And we'll be looking forward to seeing you then.
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