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Nov. 3, 2005 - Rush Limbaugh Program
36:33
November 3, 2005, Thursday, Hour #1
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Welcome to today's edition of The Rush 247 podcast.
I can't I I can't get over this notion I'm still in the Twilight Zone.
I I did something this morning.
I really very seldom do anymore because it's so unnecessary and worthless and pointless.
But I actually watched a little television news today.
And anyway, I'll tell you about it here in a minute.
Greetings, my friends.
Welcome back.
We're great to be with you.
Great to have you with us.
It's a delight, a sheer pleasure and honor.
The EIB network rolling on another three hours today.
Great to have you with us.
Telephone number 800-282-2882.
The email address is Rush at EIBNet.com.
Um always noted about the about the press, and the reason why for so many years I have been referring to the press as willing accomplices of the Democratic Party is over the years, the Democrats could allege anything.
It could be specious, it can be false, it could be true, it could be it could be pointless.
It could be a myth.
And it doesn't matter what it was, the Democrats, the media would carry that charge as though it had validity.
And that's what's happening now.
I watched as Dingy Harry and uh what's his name?
Senator Turbin came out trying to still make sure that they don't lose what they think is the old Mo.
Momentum here.
They they really do.
They're living in such an illusion, they think they've turned the momentum here to their side, that they have the momentum on making sure that the world knows that Bush lied about pre-war intelligence to get us into the war in Iraq.
You know, they they shut down the Senate two days ago.
They sent Bush a letter demanding he apologize and rove apologize and Rove quit or whatever.
Did that yesterday and he came out today to try to keep this alive.
And of course, their kook base thinks that the whole country's now on their side in this.
And the dirty little secret is I I'm even a little leery of leading off the program with it because most people don't care.
More people, more people are fascinated with the fact that uh what's your name, Camilla Parker Bowls are traveling around with 50 dresses than they are in this scooter libby thing or the CIA leak case.
We've had phone calls from people about it.
That with people out in the hinterlands in the heartland, they don't really care, but the Democrats though think they've they've shifted the momentum on this.
And and I'm watching today the uh uh it was it was Bill Schneider, old buddy Bill Schneider on CNN, and and and uh they were this this is Libby indictment day or arraignment day.
They'll try to portray this as Libby pleading guilty or being found guilty.
They're already talking about jail terms, got stories in the paper about what a tough judge this is when it comes to sentencing.
He's a fair judge in trial, but he's got he's he's really tough on sentencing.
They're all they're just salivating over this.
And the uh the the this whole notion that intelligence was manipulated to get us into Iraq, nuked it yesterday, nuked it last week.
There are reports, there are investigations which have already found that there was no manipulation of pre-war intel.
Not only was there no manipulation of pre-war intel, there was no attempt to influence the analysts by administration officials to bias the results in a um uh you know in a manner that would favor the administration's desire to go to war.
It's already been done.
There are two investigations have already been done.
The most recent one was the Rob Silbermann report.
Silberman Rob report came out March 31st of this year.
Well, you would think that somebody like Bill Schneider would know about the Silberman Robb Report.
He may not know about it.
Uh uh, but if uh you just don't know.
You would think he would know.
But when these Democrats come on and start talking about this, the Democrats Schneider just carried it forward as though, hey, this is true because the Democrats say it's true, and he said, There's a big word.
I can sum up the administration's problems in one word, and it's a big word.
Accountability.
And I'm sitting here, I am in uh it's no wonder.
It is no wonder that the mainstream press continues to lose reputation, that the mainstream press continues to lose trust factors and all with the American people.
It is just it's it's breathtaking to watch this.
So we're we're gonna spend some more time on this today, but I I uh and and I've got a couple sound bites here from Victoria Tensen, who is on Fox and Friends today.
She's got a uh great piece in the Wall Street Journal today, and also Clarice Feldman has a piece at one of our favorite blogs, the American Thinker.com, on the real need here for an investigation of the CIA.
Exactly what I said I would do yesterday.
If I had been the Republicans in the Senate when they tried to stunt the Democrats, what I would have fired back with, all right, you won't do this?
Okay, we're going to hold hearings.
We're going to start hearings on a CIA.
And we're going to have hearings on Joe Wilson.
And we're going to find out who lied.
Did he lie?
Did his wife lie?
We're going to get to the bottom of what happened with his whole CIA thing.
That's what I would do.
Well, some people are calling for that now.
Particularly Victoria Tenzing, and uh, you know, I wouldn't be surprised.
Well, I don't know if it'll happen, but sure be nice if it would.
Let me.
I got I got an email from my buddy Vince Flynn today, whose uh latest book is um uh uh consent to kill the latest Mitch Rapp novel.
You'd love these books, Dawn.
You'd you'd absolutely love these books.
Uh and he sends me this note.
He says, hey, hey Rush, a quick thought on media hypocrisy.
Which of these two things will have a bigger negative impact on the national security of our country?
The outing of an undercover CIA operative who had not traveled abroad in years, or the outing of a series of highly secret CIA detention centers, where the most dangerous and high-ranking terrorists are taken to be debriefed in a very thorough manner that may or may not involve torture.
Terrorists who do not don a uniform, do not fight for a sovereign nation, have not signed the Geneva Convention, and who intentionally target women and children.
These detention centers are crucial to our success in the war on terror.
They are a big part of the reason that we have not had a Madrid or London style train bombing here in the States.
Where are the Democrats demanding to know just who the Washington Post reporter talked to?
Certainly his sources signed national security non-disclosure documents if they were involved in such a sensitive operation.
Where's the demand for the investigation and prosecution of these leakers?
Keep the faith.
Vince.
Excellent question.
Really, seriously, what does pose and the biggest negative impact on national security to our country?
Whatever the hell happened to Valerie Plame and Joe Wilson, or the outing of these uh detention centers.
In the Washington Post yesterday.
It's a there's that it's a no-brainer.
Oh, breaking news out of Austin, Texas.
Let me uh let me see if it's still let me hit the um reload button here and see if there's any more on it.
This, this Ronnie Earl guy, this Ronnie Earl is the biggest glittering jewel of colossal ignorance I have ever seen.
Delays people in delay are trying to make the case that this is a political prosecution, right?
And Ronnie yells, oh no, no, no.
We're going after money and politics.
We're trying to keep the country from being divided up into the Sunnis, the Shiites, and the Kurds, which he said in his closing argument yesterday.
Well, the the American statesman, the Austin American Statesman on her website, has a little breaking news box.
You know, Delay won his uh bid to get the Democrat hack judge thrown off the case, the guy that contributed to carry and move on.org.
So Ronnie Earl is now uh challenging the new Republican judge, saying he's a the new judge saying he's a Republican.
District attorney Ronnie Earl wants the delay judge Schraub thrown out and a new judge to name a replacement.
So I had an independent, retired judge come out, hear the case.
He threw out this bud what's his face.
What's this guy's but I forget his name, the Democrat hack judge down in Travis County threw him out.
Now Ronnie Earl wants the judge that's been appointed thrown out because he's a Republican.
Now, way to go, Ronnie.
Just make sure everybody knows that what you're really doing is a political persecution here by demanding a Democrat judge of a Republican judge be thrown out.
Oh, uh Delay has got to be thanking the Lord for for his enemies here.
I mean, who better, if some lame brain's gonna make trouble for you and charge you, what better candidate for an absolute absurd idiot could you be?
Could there be, but Ronnie Earl?
Quick timeout, folks, sit Bob Perkins, that's a Democrat hack judge's name.
We'll be back after this.
Stay with us.
They got a little little debate going on here amongst ourselves.
Uh Saw this picture of Bill and Hillary at the uh at the Rosa Parks funeral yesterday, and I said, you know, this is the first time I've seen these two together in public.
I started thinking about since when?
2002, when uh when uh Chelsea graduated, and then Snerdley said, no, no, no, no, no.
They they were together at the unveiling of the uh uh portrait uh in the White House.
I said, Well, that was longer ago than you think.
I mean, that was in the first term, 2002, 2003, somewhere around there.
Uh and then Don said, Well, a Reagan funeral.
Uh, okay, so the year and a half ago.
The Reagan funeral was in uh what was that, uh, May or something like that, a year and a half ago.
Uh and and then uh and then certainly said, no, no, no, it was the it was the unveiling of the library and double wide massage parlor at Little Rock when it was raining in Clinton Clinton would not hold the umbrella over her.
So I guess that is when was when was the unveiling of the uh the opening of the library in a double wide massage parlor?
When was that?
Because that probably is the last time that we've seen them uh pictured together.
Other than at the uh at the Rosa Parks Rosa Parks funeral.
Something else are gonna get into today because I've got this story here.
GOP warms to tax on oil.
Bush administration clashed with Senate Republicans yesterday over proposals to use oil company profits to beef up heating assistance for low-income households this winter.
Energy Secretary Sam Bodman uh said the administration opposes a proposal by Charles Grassley, the Senate Finance Committee chairman, urging oil and gas companies to devote a portion of their nearly 100 billion dollar profits in the last quarter to families who need the money to pay heating bills.
Bodman said, no, sir, I wouldn't support it.
It's similar to a tax.
Bodman said the administration would propose an alternative.
That is expanding offshore drilling and establishing emergency national reserves of gasoline and natural gas, the most prevalent heating fuel, to augment the strategic petroleum reserve.
And then, you know, uh Drudge has a story up that uh people getting uh very upset about oil company profits, which is common, people always do, but the thing that that let me know that I had to talk about this and and try to once again shed some light and truth on this whole thing.
I went over to a friend's house last night.
Uh, and this guy is a responsible multi-business man, multiple businesses.
He has been in and in his uh investment banking and all this stuff.
Got talking about the uh oil companies.
He said, you know, these all kinds of profits these people are making, it's really obscene.
And I said, Well, if it's even getting to this guy, I gotta put I gotta move fast.
Because this guy ought to know as well as anybody that there's no such thing as a windfall profit or an obscene profit.
Uh uh it there really isn't, folks.
There are those they exist on paper, but here's an example.
Alan Reynolds, by the way, has a great piece, a column on town hall that gets into great detail about this.
But let me give you an example using something that you might understand.
Something that you might be able to relate to.
How many of you have been living in a house for quite a while?
And let's just ballpark figures, not even trying to approach reality here.
I'm just trying to make this understandable.
Let's say that uh 15 years ago, you bought your house for a hundred thousand dollars.
Today, you've kept it up, your house is pretty good shape, it's a nice neighborhood.
Today you could sell that house for a million dollars.
You think, wow, a windfall profit.
You're gonna get a windfall profit of 900 grand on the sale of your house.
What if the government decided to tax that?
What if they decided to tax windfall profits on your house?
But here's the problem.
You gonna live in a sewer?
You're gonna live in a hole after you sell your house?
Nope.
After you sell your house for your million bucks, you've got to go buy something else.
Well, guess what?
You're not gonna go buy a brand new house for a hundred grand.
It's gonna take a large part of that million that you just got because houses everywhere have escalated.
There's such a thing as inventory oil and old oil.
And when you have the windfall profits tax, you know, it's this is so we've I've done so much economics education on this program, and I'm surprised people don't retain more of it.
It's just like baseline budgeting.
I explained that once, and everybody seemed to get it.
Let's talk about uh wage and price control, shall we?
Windfall profits tax is just a price control in its own in its own bastardized way.
Let's talk about wage and price controls.
Let's go back to the 1970s.
Richard Nixon, wage and price controls, okay?
We had inflation of what?
Inflation was 3%, 4%.
People were panicking.
Wage and price controls.
Well, what happened was management said, ooh, goody, and they told all of us employees, the government says we must freeze your wages, and we can't do anything about it.
And for as long as that's the case, there'll be no raises.
And they smile as you walk out of the office.
And you think, well, okay, no big deal because prices are frozen too.
Until you went to the grocery store.
And then you saw a bunch of things that were more expensive than the last time you went, and you said, Well, they're violating the price control.
How they do that?
Very simple.
Let's use, let's use beef as an let's use the butcher counter as an example.
In the average American supermarket butcher counter, you have your fillet, you have your well, I don't know what.
You have ribeye, you have flank, you have chopstay, all this.
Okay, all of those specific cuts of beef, the price controls were on.
All a butcher had to do is come up with a brand new cut of beef that had not been categorized.
Call it flank steak prime or chop steak supreme, and he can charge you whatever he wanted for it.
And therefore the price control was meaningless.
And any number of businesses found ways around it.
Windfall profits tax, okay?
We're going to put a windfall profits tax on an oil company.
Yeah, because those those those SOBs, they are raping us and they are taking the price up and they know when we're weak and they got to do it and they can take the price up.
If that's the case, folks, if the oil companies are manipulating the price of gasoline, how come the price of oil was 12 bucks 10 years ago?
How come it was 15 bucks 10 years ago?
And how come the price of gasoline's coming down now?
If they can choose the gas price to be whatever they want, why the hell bring it down?
Well, because they're responding to public pressure.
Why'd they have to care about that?
Why have you care about public pressure?
Where else are you going to go get it?
You can't get on a plane and go to Britain and buy it any cheaper.
Well, Russia's just part of the game, you know, to make us think that there's market forces involved.
No, no.
If they're greedy SOBs, folks, and if only do care about squeezing us just to death, then why ever lower the price?
Once they got gas up to six bucks, why lower it?
Well, because people go elsewhere and buy why?
How where else could you go if they're controlling it?
Well, the oil companies don't control all gas stations, Rush, only their own.
Okay, so the oil company, what the oil companies uh uh would do then is raise their price, because they can.
And then the other stations they don't know, what would they do?
They would lower their prices, and guess what would happen?
Everybody would go there, and pretty soon there'd be a shortage and prices would have to come back up, and the oil companies own stations say, welcome back, we didn't cut our prices, we're still here at five bucks a gallon.
Ha ha, screwed you.
There is this conspiracy theory around big oil that there's somebody around that sets the price of gasoline based on what they think they can get away with.
Now, the windfall profits tax, let me just get into this, because if we put this windfall profits tax on, it isn't gonna work.
Here's how the oil companies would get around it.
We import most of our oil, right?
The windfall profits tax will occur, basically, as it's this is written on uh uh only certain types of oil and transactions.
So all you got to do to avoid it is get your crude from a different source where the windfall profits tax doesn't apply, and that's what'll happen.
All they gotta do is drop their domestic consumption and refining of domestic oil, domestic crude by one and a half or two percent, and uh replace it with oil that's not subject to uh to the windfall profits tax and they beat it.
Happens every time that this is tried.
Have you ever known the oil companies to be put out of business despite every every government politician's effort to try?
We've really tried to punish these people, folks.
We really I mean, we tell them where they can drill or where they can't drill.
We tell them what kind of ships they can put their oil on and what kind of ships they can't.
We give them the sea routes that they can travel, we give them all how many how many formulations of gasoline that they have to refine.
We've we've made it really tough on these people to do business, and yet they're still there making obscene profits.
Obscene profits.
Oh, these horrible obscene profits.
And And uh everybody thinks that this is because they can, that they are immune to market forces and so forth.
And I'll just I'll just share here with you Alan Murray's column on this.
He's uh is a writer at the Wall Street Journal or has been.
I don't know, he's got a television show, some business TV show.
But he uh has a pretty interesting piece here.
Now, even even people who normally this one I don't understand.
Been here, I'm into my eighteenth year now.
I've had bang up programs the past two weeks, destroying all these attempted lies with the Democrats, and you put your trait, faith, and trust in me.
Now all of a sudden I come along and tell you the truth about oil prices and gasoline prices, and you think I'm in somebody's back pocket.
You you think I have already been compromised.
You think at yesterday, nobody with more integrity than me.
Today, I'm just a stooge for the oil company.
Well, doesn't matter, folks.
I gotta I gotta stick with what I always know to be the case.
Back in just a second.
You're listening to Rush Limbaugh on the excellence in podcasting network.
I'm gonna try to try to make the complex understandable, and we will have the Ditto Cam uh on the program today.
First off, listen listen to this story.
The uniform of a San Francisco police officer caught fire after a Molotov cocktail was hurled uh nearby as an anti-Bush protest Wednesday afternoon in downtown San Francisco.
A large crowd made its way from the Civic Center down Market Street blocking traffic during the afternoon commute.
In fact, in fact, Reuters reports the story, but doesn't mention the Molotov cocktail.
This is a P story.
Uh uh Reuters, thousands of protesters staged rallies Wednesday across the U.S. uh in San Francisco.
But it doesn't mention the Molotov cocktails, uh Molotov cocktail that was thrown in San Francisco.
So, but my point is this.
You have a Molotov cocktail flying at an anti-Bush rally in downtown San Francisco.
These are the constituents of Barbara Boxer, Nancy Pelosi, and Diane Feinstein, and they say we are out of the mainstream.
They say we are out of the mainstream, and it is their constituents that are making absolute fools of themselves as an aging, decrepit anti-war movement that has lost its muscle.
If there were a genuine and real anti-war movement in this country, there would be millions, and they would be burning buildings, and they would throw more than one Molotov cocktail, they'd be burning the American flag.
Where are you people from my era in the 60s?
Now that was an anti-war movement.
These people were killing people, they were bashing people on their head, they were setting cars on fire, they were setting bank buildings on fire.
Now that was a real anti-war movement.
You people today are a bunch of pansies.
You can't even gather more than a thousand people in an anti-war citadel like San Francisco.
And they think the momentum has shifted in their favor.
Stay with San Francisco, the U.S. Ninth Circus Court of Appeals.
They dismissed a lawsuit by elementary scruel parents who were outraged that the Palmdale School District had surveyed students about sex.
Now, Palmdale is down in Southern California.
It's where the B-2 bomber was built, by the way, and maybe still is.
While the surveys asked students how often they thought about sex, among other questions, the Ninth Circus said that parents of public school children have, quote, no fundamental right to be the exclusive provider of sexual information to their children.
The parents maintained that they had the sole right to control the upbringing of their children by introducing them to matters of and relating to sex.
Now you tell me we don't need judicial reform in this country when the Ninth Circus Court of Appeals gets you tell me, you all you pro-choicers out there, the government stay out of our bedroom.
Government stay out of our private lives.
Government stay out of these choice.
Government can clearly educate your child on sex now, and you, as parent do not hold that exclusive right.
According to the U.S. Ninth Circus Court of Appeals in um in San Francisco.
Just it's it's just it's hilarious out there, folks.
Sometimes you just all you can do is sit back and laugh.
Though would this go to the U.S. Supreme Court?
I don't know, but if it does, it'll probably end up being one of the many such cases that uh eventually get overturned, overruled.
The Ninth Circus, the more the most reversed circuit court of appeals in the country.
Bob in Port Jefferson, New York.
Welcome to the program, sir.
Hey, Ditto's Rush.
Thank you, sir.
This is Bob Whaley over in Port Jefferson.
I'm really upset about this stealth tax that Bush is coming up with.
The what tax?
The what tax?
I think it's a stealth tax.
I'm going to stealth.
You mean these new tax recommendations?
Yeah.
I mean, I'm in the business.
I'm an insurance professional and uh registered representative for the last twenty years, and I sit down with people from all walks of life from businesses to you name it.
But anyway.
What upset you most about this?
What upsets me most about this is they're going to do away with the tax deductibility of uh my property taxes, number one.
And I live on Long Island.
This is, you know, tax me up the yin yang USA to begin with.
And then they're gonna cut down the percentage that I could write off my mortgage.
That's gonna kill a lot of people on uh Long Island and New York State.
I mean, we're we're we're taxed to the hilt.
I was so upset I called the White House this morning and I got their uh you know their info line, so to speak, and I let them know what I feel, but who knows what I'm saying.
Since everybody's into conspiracy theories today, I'll say this.
I I I think this plan is designed to affect people just like you, so you'll leave Long Island and leave New York and move to no tax states and become Republicans.
I am a Republican.
Okay, then you leave New York where your vote doesn't count, you go to Florida where it will count.
It's a it's a it's a it's a it's a bush rope of dope.
Yeah, you have food foot the thought.
Now I was suspicious because it was the local news.
Well, let me no no let me be serious with this.
Well, if you don't mind telling me, and I I don't know everything there is to know about this proposal, but that's all it is.
I did read something about it last week and I alluded to this on the program that uh they were looking at at eliminating or really cutting the deduction you get for uh your your home mortgage uh uh uh interest and and uh property taxes.
Could you tell me what tax bracket you're in?
Uh I'm over twenty-eight percent.
You're over twenty-eight percent.
So, okay, so you're either you're at thirty-three or thirty-six, one of the two.
Now the the plan the plan is for uh eighty percent of U.S. taxpayers or seventy-five percent of U.S. taxpayers to pay no more than a fifteen percent tax rate on on their earned income.
Capital gains would uh would would be even uh tax, I think, even less, and it's it's that that that rate's been going down recently, too.
The trade off is that okay, we gotta get say goodbye to some deductions.
If we're gonna lower everybody to fifteen percent, we gotta say goodbye to some deductions.
And one of the big deductions would be property tax, state and local tax might also be uh go by the wayside, and uh some of the mortgage interest deduction.
Now that that doesn't seem like a fair trade off to you.
Uh you know what?
I mean, once you get some a program that's on the books, it's it's very hard for them to go back and say, uh, you know, we're gonna take this away and we're gonna give you that.
I'm very used to them just taking stuff away.
All right, now we're gonna get rid of this.
Just like we got rid of the STAR program.
This this happened in 1986.
We had we had tax reform 1986, which actually led to the SNL crisis, because you had certain tax laws that people had ordered their lives around, both uh businesses and and individuals.
All of a sudden, we uh we got rid of the the uh uh five tax brackets and basically got down to two, twenty-eight and fifteen percent.
But for some people there was a bubble, and they ended up paying thirty-one percent on the last dollars they earned, in exchange for getting the rates down from fifty to twenty-eight percent.
It was by buy certain real estate deductions.
This and that's that's what sent the SNLs over the edge.
And people were saying, How can you do this?
I mean, we've ordered our lives according to the tax code, and then bam, one day it's just over.
Well, you've been demanding tax simplification, and this is the conundrum or the dilemma is everybody's demanding tax simplification, and so okay, here we're trying to do it again, responding to it again, and come up with okay 15% rate for 75, 80 percent of the people uh and just here pay 15 percent and then then no deductions.
And I'm gonna tell you something, folks.
Anytime there has been a discussion of a flat tax, 15, 18 percent, the vast majority of these flat tax proposals have done the same thing.
They have gotten rid of some of these deductions.
It when you start factoring in deductions is when you complicate the tax code, and the whole point has been to simplify it.
And it's it's a qu one of these things, be careful what you ask for because you may get it.
Uh one of the things that happened in the uh in the uh what was the eighty six tax reform uh was credit card interest was no longer deductible.
I remember, I will never forget, we had a call on this program from some poor woman in Chicago, must have I kept her on the phone for 45 minutes, trying to explain to her that going out and spending a lot of money on her credit cards just to be able to deduct the interest was costing her money.
Costing her more money than if she didn't spend money on the credit cards.
But she was one of these people that thought she wanted to be like the big guys.
And everybody thinks that there are more powerful, wealthy people playing all kinds of games with a tax code that you don't get to play.
And I'm here to tell you folks, it ain't the case.
It is not the case.
So one of the things that people do is they think they can, well, I need deductions, man.
I need write-offs, write-offs.
They hear the big guys talking about write-offs.
So they go out and use their credit cards and they would pay the minimum payment just to keep that interest uh that they were paying high so that they could deduct it.
Because they thought they equated deductions with screwing the government, deductions with lowering their taxes.
And if you if you ever got around to looking at how much you were spending on that interest and you weren't being able to deduct all of it anyway, um you if if you if you got it looked at this, you find out you were spending far more keeping your interest payments up so you could deduct them than if you didn't spend a whole lot of money on the credit cards and just paid your taxes at a s at a at a lesser rate.
But it was just tough for people to understand.
It's sort of like this, it's the same argument that I make when people plan their income taxes so they get a big refund every uh every first of the year when they write their tax uh send in their tax form.
Uh I've I've known people all my life that they get a refund of whatever twelve hundred, fifteen hundred, sometimes four thousand.
I know I know I know single people who have had money withheld as though they were married with 20,000 kids, or whatever the max is.
And then every April or whatever, they'd get their huge refunding.
Ha ha look at my check here, man.
I screw the government or what?
You didn't screw the guy screwing you.
They kept all of your money that you had earned.
They're not paying you any interest on it.
Yeah, but I got this big lump, man.
I'll never have four grand in my life.
I'll never have 12 grand and 1,200 in my life, but I've got it now.
Well, if you just save it, you would have it.
If you're letting the government take it away from you, you obviously don't need it.
No, no, man, I do need it.
I'm waiting for that big refund.
That's when I go out and buy my new washer and dryer TV.
Okay, fine.
So you want to orient your life that way, that's fine.
Now, but then at the same time, people complain and moan, it's just too complicated.
We need to simplify the tax code.
It's outrageous.
So they come up with a simplification plan.
Simplification plans always include eliminating some deductions.
And people, wait a minute.
I need my home mortgage interest today.
I need my property tax deduction.
You can't well, we're giving you 15% rate.
It's gonna be real simple.
Just pay 15% and that's it.
No, man, I need my deduction.
So this is why this stuff never ends up happening.
And I I'll tell you what my fear is.
My my fear is none of this stuff.
My fear is that I don't believe tax reform will ever be permanent.
If, and this this sort of happened in the 86 reform, and it'll happen again, unless there's a total revamp of the system.
It's they totally throw this out and start anew with a new one, which is not going to happen.
It ought to, but it won't.
Once they lower the rate to 15% and they do get rid of these deductions, what's to stop them next year from saying, you know what?
Treasury is a little light this year.
We need more tax revenue.
We can't raise the rates because the um uh well, yeah, we can because we've gotten rid of those deductions.
We'll just raise the rates.
We'll say we need to make that 15%, 18%.
And then the rate starts creeping back up, just like Bill Clinton did.
Slick Willie did it, 1993 took office.
The 15 and 28% tax rate, guess what?
Became 39, 35, photo, whatever.
Uh, and the deductions were gone.
They didn't Put the deductions back in.
So it this stuff is a slippery slope, folks.
I mean, it's one of these things, be careful of what you uh ask for.
And it's just like every other bill in Washington, just because it's law this year doesn't mean it's going to stay that way and that they can't change it next year.
Quick timeout, we'll be back and continue right after this.
I am not avoiding the countless numbers of you on the phones that want to disagree with me about oil company profits.
And we'll get to you soon.
Uh before before I take your calls, though, uh I want to read Alan Murray's uh piece at Town Hall.com and I'll do that in the monologue segment the next hour.
In the meantime, let me grab Todd here in Detroit.
Next up you are, sir.
Welcome to the program.
Meg a self-employed diddles from Detroit Rush.
Thank you, sir.
I was wondering, we had Wald Wall coverage of the Rosa Parks uh memorial yesterday, and I was wondering if you got a um if you got were able to hear of Clinton's whopper about uh moving to the city.
I got it here.
Yes, I've got I've got I've got it.
It just you gotta love this guy.
Uh I uh by the way, that thing went on seven hours.
Right?
It was unbelievable, non stop, not even a commercial break.
Uh seven hours.
Well, forget I mean, I'm not talking about just the radio coverage in Detroit, I mean just the funeral itself.
JFK didn't get that.
Well, I'll tell you I I actually heard the hearse ran out of gas because it because it took so long.
Well, what the hearst how could a hearst run out of gas?
I guess he left it running.
This is what they say, but uh, you know, it it was just the whole I think that's probably a story to illustrate just how long it is that the hearse was left running outside that ran out of gas in idle.
Uh here's here's what he's talking about.
Here's this is this is Bill Clinton speaking at the uh Rosa Parks funeral yesterday as part of Clinton's eulogy.
I remember as if it were yesterday, that fateful day, fifty years ago.
I was a nine-year-old Southern white boy who rode a segregated bus every single day of my life.
Oh, yeah.
I sat in the front, black folk sat in the back.
When Rosa showed us that black folks didn't have to sit in the back anymore, two of my friends and I who strongly approved of what she had done, decided we didn't have to sit in the front anymore.
Peace be still my beating heart.
No, no, no.
This is this is folks.
The the the the the pathological lying on the left, it just keeps growing.
This I'll never forget Clinton's story about he saw all these black churches burn when he was a kid growing up.
I uh I I'm not I about I'd never set a church on fire because I saw so many of a church burn.
And they went back and they talked to people in Arkansas at the time Clinton would have been a young boy.
There weren't any church burnings in Arkansas.
He could not have seen one.
He could not have now I nine years old, and Bill Clinton had the presence of mind to go to the back of the bus with two of his buddies as a show of solidarity with Rosa Parks.
As though a nine-year-old is even paying attention to such things at the time.
But this is Bill Clinton, and this audience lapped it up.
They fell for it every word of it.
So it is true.
There you have it.
The nation's first black president.
Meanwhile, Clarence Thomas, according to the Milwaukee Urinal Sentinel yesterday, deserves an asterisk because he's not really black.
He's an African America, but he doesn't represent what real African Americans think.
So he doesn't deserve to be called black, but Bill Clinton does.
There's you think Sterley, well, you losing your mind.
He just asked me if if if I think Clinton was joking or if he was you don't he wasn't joking at a funeral like this.
You think this guy go tell a joke like they don't those audience members were not laughing.
They were applauding.
They ate it up.
They bought every word of it.
From the guy who said.
Not a single time, not ever.
And I never asked anybody to lie.
Not a single time, not ever.
I mean a joke?
You think he's tell.
You're going soft here, and you're post Clinton.
I'm d he's there's there's no Oh, come on.
He is not joking.
This is this is not an attempt to be funny.
He's not telling a little white Lie that everybody knows is a little white lie.
He's telling a lie that he wants everybody to believe.
It's not a joke.
I can't believe you're asking me this.
Seven hours of the Rosa Parks funeral yesterday.
I doubt that anyone actually watched or listened to the whole thing.
And I'm told that something happened that you may not know about uh during the funeral yesterday.
We have tape of that.
Uh I didn't see it, but I have a pretty good authority.
We'll let you hear what it is at the uh next segment.
We come right back and we'll get into the oil.
Now don't hang up on me out there, people.
You want to argue with me on the oil company?
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