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Nov. 4, 2005 - Rush Limbaugh Program
36:42
November 4, 2005, Friday, Hour #3
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Welcome to today's edition of the Rush 24 7 Podcast.
You know, folks, I I cannot believe how difficult it is to teach adults economics.
I also find it amazing.
On any other subject.
You pretty much acknowledge that I know what I'm talking about.
When it comes to this, all of a sudden I'm the stupidest most blind in the back pocket of big oil guy who's ever come down the pike.
Greetings, it's uh Rushland boy.
It's Friday.
Let's just keep going.
Let's just keep going.
Telephone number is 800-282-2882, and the email address rush at EIB net.com.
Here's the one thing I don't understand.
And by the before I tell you that, there let me tell you what I do understand.
I understand the cost of gasoline and these massive increases and the fact that such a large percentage, I know the the effect it has on people's lives.
I'm not I'm not suggesting that I have no empathy or understanding about that.
Uh but at the at the same time, what I don't for but I just don't complain about it.
I mean, I I've hardly ever complained about consumer issues.
You know, people I've uh one of the earliest philosophies of this program was if you're gonna call here complain about phone bill, take it somewhere else, because it's always gonna go up.
If you want to call and complain about the electric bill, don't talk to me about it.
Call some local host who thinks that's a big issue, because it's only gonna go up.
Well, when it comes to gasoline, uh, and I know why it's because all these years of pummeling big oil, there is a belief out there on the part of, and I'm sure many of you.
They think that you think that they can just raise the price or lower the price at whim whenever they want.
And I'm telling you, they can't.
It's not how it works.
The thing I really don't understand is.
Why do you look to those people in Washington to lower the price of gasoline when they're the ones responsible for where it is?
It's not big oil.
Anytime you have such a heavily regulated industry that's taxed to the hilt like this one is, you tell me that you're gonna get you're gonna get satisfaction from people who so we're gonna have a windfall profits tax.
Okay, so we're gonna punish the oil companies, but you tell me how that's gonna help you.
It's the same thing as class envy when the Democrats start talking about raising taxes on the rich.
The whole point of that is to the Democrats run around and say it's just it's just not fair.
These winners in life's lottery have so much, and the poor and the downtrodden the middle class have so little.
So they don't focus on how to increase the amount of things, the wealth of people in the lower uh and uh middle classes.
No, they just sort of we're gonna tax the rich, and you people in the lower middle class will go, well, that makes me feel better.
But the price of gas is still what it is, and the price of bread still what it is, the cost of living still what it is, and you're supposed to be made happy by the fact that the rich are paying a higher tax rate?
What good is that doing you?
So the liberals all this time in class envy, they're just peddling Shaden Freud.
They want you to be happy when you think somebody else is miserable, but your misery hasn't changed.
Right?
Okay, so you're looking to the guys, the people that are largely responsible for the cost of energy in this country are dearly beloved politicians.
You're looking to them to do something.
Just do something, okay?
What are they gonna do?
Windfall profits tax on big oil.
Yeah, yeah, yeah.
Stick it to them.
Really let them have it.
What's the price of gasoline going to be tomorrow after they do that?
Is it gonna change what you pay for gasoline?
No.
And the politicians doing this know it, and they also know that big oil can get around the windfall profits tax any number of ways because it's an international commodity.
And try as they might, Our elected officials can't set oil policy for Saudi Arabia or OPEC or anywhere else that big oil can go and get oil.
So there's a way around it.
Uh my friend in Seattle, the Hutch, the Reverend Hutch, Dr. Hutch, sends me this note.
Great explanation on the oil company, pal, but I still don't understand how they can charge the most for the cheapest gas made, diesel.
And am I wrong that jet engines fly on kerosene?
And that's also cheap for the price of jet fuel.
Get me informed, my man.
I'm sure Snurley thinks it's a brilliant question.
The answer to this is so simple.
I go back to how difficult is it to teach adults economics?
We've got our economist on the line here.
When I get to him, I'm going to ask him how difficult it is to teach college kids economics.
It's got to be pretty difficult because a lot of people go to college and take economics, come out not knowing anything about it.
I have not taken economics in college, and I know a lot about it.
Okay.
Here's the answer, Hutch.
You got a barrel of oil.
And out of each barrel of oil, the vast majority of refined product is gasoline.
And I don't know in what order this comes.
But gasoline is uh, I think the most.
And then you get down to the diesels and the and the and the he's right, by the way, jet fuel pretty much is kerosene.
Uh they said it's a jet A on the trucks, but it's pretty much he's pretty much right.
It's kerosene.
And of course, if you go to the store and buy some kerosene, how much does that cost?
Not much.
Buy diesel?
Diesel.
He says, how can how come the the cheapest gas made they charge the most for?
Because they make so little of it.
They refine most barrels of oil, all barrels of oil in this country, the vast majority get refined as gasoline.
But of each barrel, a small amount gets made into diesel, refined to diesel, other gets refined into jet A or kerosene.
And there are countless other derivatives, but they are in a very small quantity.
So the smallest percentage of each barrel of oil gets refined into these cheaper, you would think, grades.
Uh, but it's a supply and demand problem since they make less of it.
It's obviously going to cost more.
And by the way, you can't then say, can you can you imagine?
Imagine if I did this.
Imagine if I came to this program and started complaining to you about the cost of jet fuel for my airplane.
Do you think you'd have any sympathy for me?
What if I said I demand that big oil start refining more jet fuel so the cost comes next?
You know what you're gonna say to me, what do you mean?
They're gonna make less gasoline, the price is gonna go up.
Uh-huh, exactly right.
So there's only so much of it that can be refined with the capacity that we have in this country.
Haven't built a refinery in 30 years.
The vast majority of it goes to gas and then of folks, let's then talk about of the gasoline that's refined, good old EPA, says that 42 different formulations have to be made for different geographical areas of the country because the environmentalist wackos think that it's going to help with pollution problems, but notice in the face of national disaster, like Hurricane Katrina, notice how easy it was to just suspend those regulations.
And did you notice how quickly the distribution problem repaired itself when gasoline refined for Chicago only could be sent to Atlanta or New Jersey or St. Louis?
Gasoline refined for Southern California only could be sold in Florida.
Do you realize how that fixed the distribution problem?
Do you realize what that does to the cost of this product?
Look to the guys in Washington if you want to find out why energy prices are so high.
I guarantee you, big oil is like any other business.
They wish they could get as much product as possible and sell as much as possible at the lowest price possible.
They would love to be in the volume business.
The problem is the environmentalist wackos are trying to put them out of business because they're being blamed for global warming.
We'll talk to our economists next after this break.
Stay with us.
You're listening to Rush Limbaugh on the excellence in podcasting network.
I had these numbers in front of me yesterday, and Brett, I think you sent them to me.
I don't remember exactly what they were.
The amount of money that big oil spends on environmental protection.
Seems like it's been what's the figure in the last uh nine years?
Is it $54 billion?
$87 billion in the last nine years on environmental protection regulations demanded by the government, the EPA, thanks to your friendly environmentalist wackos.
Let me ask you a question.
Do you think big oil, like any other company is just gonna say, okay, we'll spend eighty seven billion dollars and not try to recoup it?
Where do you think that eighty seven billion dollars gets recouped?
At the pump.
Just like every other business, no corporation pays taxes, folks.
You pay the taxes that they pay.
It's in the price of everything that you buy.
So everybody, we need corporations to pay tax.
You're just asking for higher prices.
You're just asking for it when you demand corporations pay an increased tax rate because you're falling for this notion that they need to pay a bigger share of the tax bite since they're wealthy.
You're gonna pay it.
It's all these environmental they're trying to put the oil comes out of business.
I'm telling you, if big oil had their dreams, they would be able to drill anywhere, they'd drill as much as they could, they'd have as much to refine as possible, and they'd sell it as cheaply as they could.
Because we've got tons of the stuff all over this planet.
All right, here's Herb in Land in Lawrenceville, New Jersey.
Uh he is an economist.
What what's the university you're you teach at the university?
Right.
Yes, sir.
Welcome to the program.
Welcome.
Thank you.
Well, um, what I called about, I I guess uh I from time to time this comes up in your program about gasoline prices.
It was on yesterday, and you know, I'm I'm screaming at the radio at the same time because I try to get this across.
If you look over the last fifty years, fifty-five years really, and it just for the consumer price index, gasoline was selling for around two dollars or two ten a gallon back in nineteen forty-nine, around two dollars a gallon through the fifties, it dropped through the sixties down to around a again in con in constant prices,
down into the upper one fifty, one sixties, back up to around two dollars a gallon and some in during the seventies, spiked in the early early eighties, up to around two seventy-five a gallon, dropped back down again, uh hovered around a dollar fifty a gallon real term.
Now you're talking today's dollars, don't you?
In today's dollars, yes roughly in today's dollars, and it's backed up.
And what we had, we had it hovering a little under two dollars a gallon.
You know, if you look at the CPI, kind of almost reflects that long term, uh, the consumer price index.
And it got up around a little under two dollars, and then we had the you know, the expectational uh uh well we we expected to be higher in the summer, and it did go up, and then you had some of the shock effects, which you know drive the commodity markets.
And as we try to teach our students in economics, it's the marginal uh costs that really drive the prices.
Um and so when you have the sp commodity markets for speculative reasons bidding the the prices up, that's what's gonna happen.
And and you know, to the degree that you can push prices up a little bit faster, perhaps than they'll drop back down, there may be some windfall profits.
The term isn't a dirty word in my lexicon.
Windfall profit just happens to be mean you're in the right place when the demand shifts.
And it you can have windfall losses the same way.
You're in the wrong place when the demand curve shifts.
So according to CPI, what what would the current gasoline price in today's dollars have to get up to?
Oh to be the highest ever.
Oh, it w it was probably there um highest ever, I don't know, because I don't my data, you know, the stuff I'm looking at don't go back to.
Well, because the media's up around three fifty, three sixty a gallon theory.
Okay, right.
That's what three three people you can understand why people scream at those prices because it's uh largely unexpected.
And they've made lifestyle, you know, choices based on roughly around two dollars a gallon.
Right.
And so, you know, you get that expectational thing and people you know complain about it.
If you look at the long-term growth in gasoline consumption, it's been, you know, modest um uh over the last uh several decades also.
Primarily, I guess because of fuel efficiency, people have downsized to some extent their cars.
We have more cars on the road, but um I I wonder even in fact, um, you know, oil companies, you know, commit long term a uh a lot of money toward uh building new refineries, getting past all the hurdles they have to get to.
You have to figure that, you know, you got a thirty-year plus investment out there uh and you know, in the current um uh climate, um is this gonna be a uh a valid investment to b to make.
So, you know, you start taxing windfall profits or or any or or or seriously erode the uh the long term potential profitability of a new refinery, you're not gonna get them getting built anyway.
Well, the it not only that, it takes ten years from start to finish the regulatory prices.
That's what I mean.
So you have that you have the choice first of all, the period between which you finally decide you're going to go ahead and you get one online and then you have the the lifetime investment, you know, that you know, presumably is g has to, you know, have a have some payback uh to the shareholders.
So, you know, I'm I'm you know, the the gasoline prices though uh as they're drifting back down toward two dollars, and I I tell my class I would expect them to settle sometime, you know, somewhere around two, two and a quarter.
I don't know for certain.
I mean, you know, there can be other exogenous or outside forces that you know alter expectations and you know drive the thing back up again.
But if you look over the long term, gasoline has been, you know, somewhere around a dollar fifty fifty to two dollars a gallon.
Uh uh, you know, when I say long term over the last fifty years.
Right.
As related to the consumer price index and they use today's dollars.
Now explain something to the audience, if you will, since they're not believing me on this.
Explain to me how a windfall profits tax on the oil companies is going to lower their gasoline price at the pump.
Oh, I don't think it would have any kind of a an effect on the gasoline price at the pump.
Exactly.
You know it it uh it may have some effect on their share prices in the in the stock market, uh, you know, uh uh because right now they've been bit up a little bit because of uh these reported higher earnings.
Uh so uh stockholders may get the effect, but uh the the m you know what what happens at the price at the pump is the determined by you know the good old supply and demand.
If people could just understand it in an analytical sense, supply we hear the terms used a lot, but I don't think people really understand marketing.
Let me ask you a let me ask you a question about that because I know this is something in burning in people's minds.
Right after the hurricane Katrina hit, when we were told that the uh they lost all of their refining capacity out in the Gulf, the Hurricane Katrina and Rita lost the refining capacity.
We had some supply interruptions because pipelines were down, and yet the price skyrocketed immediately.
And that leads people to think that somebody's sitting somewhere and making a calculation, okay, we can get away with jacking the price up right now because everybody thinks there's going to be a shortage, and so we can do it.
Uh how how do you explain that to people who who who have that erroneous thinking and belief on this?
Well, well, it's actually you know, if you expect prices are going to be higher tomorrow, don't you try to buy today.
I mean, in effect, that's what happens.
If you expect prices are going to be lower tomorrow, it's the it's the way expectations drive financial markets, uh they drive uh commodity markets as well.
And so again, it's what uh you know, so people expect it's gonna be higher.
They hear the news, you know, that the there's gonna be a frost in in the California uh uh in the California oranges or Florida oranges, and suddenly the price of uh of uh orange juice goes up on the commodity market.
Uh uh frozen orange concentrate.
Why?
And like the like the dukes in the movie trading place, you're trying to corn a corner the orange juice market and you but you see these prices going up and and you have to recognize that as a holder of that orange juice, after you sell it, you've got to replace it at what that new spot price is gonna be or what the you know what your contracts are gonna be saying.
It wipes out your windfall profit.
Yeah.
So the the windfall profit goes to finance in effect potentially, unless the you know, un unless it truly is a windfall profit and prices drop back down, so when you come to replenish your inventories, you're you can get them back at a lower price.
But Professor Prof could you could you explain to me how a uh a person, a woman with no experience in the business at all could turn ten thousand dollars in the cattle futures market into a hundred thousand dollars in one year.
Very lucky.
Very lucky.
Good good information or you know.
Well, how much how much trouble do you have uh teaching it to this to your students?
Uh a fair amount of pri tr trouble, uh I think partially because w academic economics uh really tries to uh uh approach issues very very rigorously, if you want to say scientifically, that's fine.
Uh and uh a lot of times getting into we use language that's familiar, but we use it in a very uh uh very specific way, pr more precise way than people are used to hearing it.
And for some students that aren't, let's say, motivated to make that initial upfront um investment in time to really, you know, get into the analytical methodology of economics, that it it they try to memorize everything in sight.
What turned me on to economics when I was in college was they didn't have to really memorize a whole heck of a lot.
It's a very deductively based um discipline.
And so once you once you get some principles down, you know, the uh and there's a lot of stuff in economics that's that's in a sense it i it's it's counter to what you think would be a logical conclusion, you know.
But when you examine it, in fact, it is the logical.
That's you know, that's that's the way it hit me.
I was I was taught economics by people like you long after I left school.
And I always thought economics was pretty logical too, but when it was explained to me by somebody who understood it, lights went off like they never had in my life before.
Like I had just learned some big secret, but it made so much sense I couldn't figure out why I didn't see it myself that way in the first place.
I appreciate your time and your support, Professor.
We'll be back and continue in just a moment.
And we're back on a cutting edge.
El Rush Mo having more fun than a human being should be allowed to have, and you know I've always maintained it.
I love it when I'm right.
I love hearing myself say it when I'm right, and I know it when I'm right.
And that's can't tell that just debt that that is that just jazzes me up.
And it happens a lot, so I'm a happy guy much of the time.
Gil in Philadelphia.
Welcome to the Oh, Gil.
Are you being affected by that transit?
Are you being affected by that transit strike?
Uh no, as a matter of fact, I have a huge SB SUV that gets me wherever I want to go at only two fifty a gallon.
Well, good, because uh there's I have a story here in the stack, and uh it's a quote from the governor of Pennsylvania, Ed Rendell, who has not taken a side in this strike, but he d he's he told the the uh the striking labor workers, the transportation worker, transit workers, that it's only reasonable that they should pay for some of their health care.
And I said, Whoa, this is a you talk about a momentum shift when a Democrat governor, former head of the Democrat National Committee, tells a bunch of union people it's only fair you pay for some of your health care while Howard Dean's out there saying that everybody ought to have their health care paid for in total by somebody else, and Hillary Clinton wants people to do the same thing.
Here's the governor enmeshed in real life telling his own constituents it's only fair that you pay some of your own health care.
They're being asked to pay five percent of their premium and they're striking over that.
But if you got a big SUV with a radio in it, you don't uh you're not affected by it.
No, I'm not.
Um I tell you what, though, you can't even get me started on Ed Randell because uh here in Philadelphia we have a left-wing newspaper, the Philadelphia Inquirer, and uh they have been his uh cheerleading section for years.
You don't have to tell me about the Philadelphia newspapers.
Well, let me tell you something now.
You don't have to tell me.
They have just announced layoffs down there at Philadelphia Inquir.
They actually have uh in you know, they do some banks trying to get you to buy their newspaper, and whenever they call me, I say, Well the day you comes along you endorsed a republican, I'll I'll buy your newspaper.
And I still haven't bought any of their newspapers.
But uh, listen, Russ, the reason I called was I wanted to say one of the problems that the left is having in my opinion is that a liberal never reads what he says and he never says what he means.
So therefore they always had to deal in nuances.
And uh my opinion, part of the problem is that now they can't deal in nuances and platitudes anymore because you, the great translator, are there to tell us what is what their words really mean and what their actions really accomplish.
I think that's pretty clever way to put it.
Listen, Rush, can I make one other point, please?
Yes.
Uh people Wait a minute, wait a minute.
Before you make tell me what it's about.
Well, it's about the merger of Exxon and Mobile.
Uh okay, I guess I deserve to let okay, yeah, yeah.
Go for fire fire away on the merger of Exxon and Mobile.
Well, I just want to point out that uh in the 60s, a lot of people college students in Yale and Princeton sat around smoking dope and bemoaning the uh evils of big oil.
And it amazes me that in 1994, one of their own, Bill Clinton, their When their uh profit margins were down and their stock was, you know, uh prices were low enough to hurt the downtown average.
Clinton administration allowed Exxon and Mobile, the two of the great evil empires of the sixties, to merge for one sole reason, and that was to pump up their stock price.
That's right.
That's that's right.
So big oil became even bigger under Clinton Gore.
All right.
Gil, I uh I appreciate that.
Uh Occidental's been doing pretty well.
BP who uh uh BP merged with the British Petroleum merged with uh somebody, BP something or other.
Um they're all merging out there.
But but he's got it right.
Liberalism has a translator, and it's me.
And they don't get away with their nuance anymore.
All right, Kyle in Billings, Montana.
I'm glad you waited, sir.
Welcome to the program.
Thanks, Rosh, big fans, since 1992.
Thank you.
You bet, and I wanted to uh ask you a question.
I've uh just loved all the books you've suggested over the years, everything from Vince Flynn to Joel Rosenberg, Tom Clancy.
Just curious what you're reading now, and if you can uh suggest any other book.
Well, uh there is there's a uh uh let me let me go to the website here and get one book up real quick because it's uh it's a new book out, and I've I have it here uh but I've I've put it in a bookshelf because I finished it, but I'm I want to get the title of it right.
Uh and I'll get this as that website comes up.
But the I'm the novel I'm reading now is Consent to Kill by Vince Flynn.
Great book so far.
Yeah, yeah, it is.
He takes care of the wife problem in this book.
Uh I don't know uh uh how that happens.
That happens near the end of the book.
I'm looking forward to getting there.
I've been tempted to just go to the end of the book and find out how he takes care of the wife problem with Mitch Rapp.
But but you know, there are a lot of there are a lot of other books uh on on my website.
We have an entire library of suggested reading, and it's categorized.
Are you a subscriber at Rush Limbaugh.com?
Unfortunately, no.
Well, I'm gonna make you a subscriber.
I'm gonna make you a complimentary subscriber.
Well, thank you.
Uh uh so hang on at the end of the call, we'll give you uh all the things necessary to make you a complimentary one-year subscriber, and and you can you can you can browse there.
I can mention some of the some of the things uh to you.
One of the one of the early books that I read, uh, and it's it's it's uh it's by Friedrich von Hayek, and it's a it's it's almost like a conservative mini Bible.
It's tough sledding.
It's it's it's he's a very highbrow writer.
Uh it's you you you'll have to stop and think about it.
Maybe you won't at this stage, but uh when it's totally new to you, you have to.
It's called the uh Constitution of Liberty.
Uh Constitution of Liberty and The Road to Serfdom, uh, both by Friedrich von Hayek.
Uh it is just it's it's just a a both of those books are excellent in fundamental conservatism and predicting where we'd all end up if liberalism triumphed.
Uh read anything by Thomas Sowell.
Excellent.
One of his great books is the vision of the anointed and the anointed are the left who think that the government is theirs by entitlement and birthright.
And uh it is it is eye-opening as well.
Uh Alan Bloom, who uh was professor at University of Chicago who has passed away, wrote a book called Closing of the American Mind.
Greg Easter book, Easter Brook has a uh a book worth reading called A Progress Paradox.
And I'll I'll tell you, I'm I don't know where to stop with this.
Uh uh if you want to understand what we face and what we're going through in the attempt to write the Supreme Court, uh Levin's book Men in Black.
Exactly the the best book.
If you want to read a novel, an entertaining book that will explain the environmentalist wacko movement to you get Michael Crichton's State of Fear.
Um it it's it's it's just fabulous.
Uh I wrote a couple books that are pretty good at all this too, but I don't like uh recommending uh my my stuff.
But uh you know, book uh uh Robert Bork had a book called Slouching Toward Gomorrah.
Uh and it was about uh it is about the culture wars.
Uh Hannity's got a couple of great books out there uh as as well.
And uh if you can find some compendium books, a book of uh series of columns by George Will and and uh William Buckley out there.
All of these all these things are recommended on the website.
Now that the book that is just out, that is just it's number two on Amazon right now, and if it it's called Do As I Say, Not As I Do, Profiles in Liberal Hypocrisy, and it's by Peter Schweitzer, who is uh uh senior fellow at the Hoover Institute.
And it is just fabulous.
It points out that Michael Moore, for example, owns stock in Halliburton.
That Al Franken, in the course of his career over the last twelve years, has hired a hundred and fifteen people, only one of them black.
It points out how uh uh who is it Barbara Streisand, while lamenting uh the way labor unions are treated in this country, gets all of her movies produced in Canada so she can avoid talks about Ted Kennedy and his family, how they are they oppose doing away with the estate tax, but the Kennedy family has sheltered all their money in a myriad bunch of trusts to avoid estate taxes.
It is just replete with example after example of the utter hypocrisy of the left.
And it's again, it's it's uh do as I say, not as I do, Profiles in Liberal Hypocrisy by Peter Schweitzer.
And if that's that's the latest one that's out there, and uh it's not a big book, uh, and it's it's uh fun reading and it is eye-opening.
It's it's in fact it it'll surprise you, but it won't.
Because it it it it we don't believe that liberals are these pure and clean as the wind driven snow types anyway.
And this will just give you I mean, reams of data to illustrate and and see just what a bunch of hypocrites they are and how they're dishonest and how they they misrepresent themselves to the media and to their own supporters.
So uh it's it's something well worth investing in.
I have to take a quick break here, folks, because of the constraints of the programming format, but we will be back.
We will continue in mere moments.
By the way, let me let me say that the uh the library at Rushlimba.com is on the free side of the website.
You do not have to be a subscriber to get to the library section.
I was just being a nice guy with the uh with the previous caller, making him a complimentary member.
You know, uh folks, uh, in terms of other things I I read my newsletter.
My newsletter is fabulous, comes out once a month.
Uh and well, I don't only read it, I put it together.
Uh but my brother has a great book.
There are two books here that that are deal with the same subject in different ways.
My brother uh wrote a book called Persecution, How Liberals Are Waging War Against Christians.
It is just fabulous.
And John Gibson has a new book out called The War on Christmas, how the liberal plot to ban the sacred Christian holiday is worse than you thought.
My brother had trouble getting on radio stations other than Christian radio stations to talk about his book, Gibson Can't Get Anywhere.
Today's show, none of these shows will have Gibson on to talk about his book.
Uh they're scared to death of of the truth of what the left is trying to do to Christmas and and uh the the basic structure of uh the Judeo-Christian society we have.
They're they they're just devastated that people have figured out what they're trying to do, via the ACLU and uh and others.
So they're just it's hard to stop once I start mentioning books to you, because I make enemies by forgetting to mention books that you know friends of mine have written, and it's just impossible to go through the whole list, which is why I say uh the library section of my website is is free.
Oh, this reminds me, I keep getting questions.
When when are we when are we we're gonna have the DVD of your Broadway show available?
It's really close.
I approved the the cover art and photo yesterday, and I approved the credits.
Uh they sent me the credits for this thing, and I said, Well, this is pretty boring.
So I had to add some things to the credits.
Uh I added Mr. Snerdley as the official performance observer.
Uh Dawn Ramos uh was the makeup judge and and uh uh so forth.
Because well, Dawn told me how the makeup looked really good, so we made her makeup judge, and and we have of course I had the credit the catering, had to credit the writer.
There wasn't one.
Uh heads the same.
So it's all coming together.
I was frankly hoping that it would be in the store today in the EIB store today, but we're not I don't think it's we're gonna make it have it ready till next week.
What, Mr. Sterling?
What?
What?
Although you look like you had a question.
So but that DVD, we're it's it's it's pretty much done.
Uh we've finished the editing process of it.
We didn't edit any of me out, it just the way the order in which we put things.
So but I'll let you know when that's uh ready to go as well.
Here's John in Worcester, Ohio.
Nice to have you on the program, sir.
Welcome.
Yes, Rush.
Uh Greens from Northeastern Ohio.
Uh the Democrats in Washington may be looking idiotic, but they're up to some real serious uh trouble here in the States.
Here in Ohio we have something on the ballot next week called uh reform Ohio, which changes our election laws very seriously.
This is being pushed by moveover.org and uh by uh NARL and also people for an atheist way.
What they're basically doing is they've got propositions two, three, and four that would uh one proposition does away with the Secretary of State overseeing election activity and puts up unelected board.
Haha that's because he's Ken Blackwell.
Yes.
Uh it all goes back to their hissy that on the election last year.
Another one does away with the legislator doing the redistricting and puts it up to another board.
A another initiative.
See, you know what all this is a result of?
I know it looks like they're trying to change election on they are because they can't win legitimate ones.
That's correct.
And of course the the whole process of drawing district lines is always gone to the winners.
And since they can't win, they want to take it away from the current winners the right to do it.
Um I'm aware that they're doing these kinds of things, and I know that that it it's somewhat intimidating.
I'm gonna have to look into the progress and the status.
When is the election uh uh for these these two uh propositions?
It's next Tuesday.
There's four propositions.
Two, three, four, and five.
Uh one of the polling data on how these are doing.
Haven't seen any.
Well there are some dueling uh advertisements by various groups, including some of the conservative groups against it.
Yeah.
But uh it's being pushed pretty heavily, and they also I'm sure it is.
Well, you know, uh uh move on.org pushed John Kerry pretty pretty heavily and move on.
George Sorrow said I lost.
And I I know Ohio's a a close state, but um I don't want to predict an outcome here because I don't really know uh what what the what the mood is.
But we'll look into this.
We'll but by Monday we'll have to we'll have found something out about how this is going.
I my my instinct here never mind.
I'm not gonna I'm not I'm not gonna share my instinct because I don't know.
Uh I'll I'll share the instinct until I know more.
See if the instinct is confirmed.
I appreciate the call.
Uh we'll grab a couple more here when we get back.
Stay with us.
Okay, who's next?
Uh Arroyo Grande, California.
This is Mike.
Uh welcome, sir.
Nice to have you on the program.
Thank you, sir.
Twenty-five years ago today, Ronald Wilson Reagan won his first term and started the revolution.
At least we not forget.
Twenty-fifth anniversary of the nineteen eighty victory.
Absolutely.
You're right about that.
I totally uh totally slipped my mind.
Well, you have an awful lot on your mind.
No, that's true.
That's true.
My skull can basically contain it.
I don't know how you can do it day after day with the gold drum beat.
You know, it's like anybody else who loves what they do.
It's really not work.
God bless you, Rush.
I'm I'm so glad you're there.
I I just don't know what this country would do without you.
I frankly don't either.
Uh I don't know, but he people say that to me.
I don't know what to say other than thank you.
Thank thanks very much.
I I appreciate it.
I really don't have that viewpoint, but I I appreciate your your kind words.
Uh I don't know what's up with Andy Rooney.
Maybe I uh Andy Rooney, I just uh I find it interesting that he said on the radio this morning what he said, and uh nobody has made a big peep about it.
I've been waiting.
I've been waiting on purpose, not to mention this.
I will bet you that if I repeat what he says, that will make news.
The fact that he said it first will not.
Do you know what he said?
He said, what?
Andy, what Andy Rooney said was that he doesn't like the term African American.
That he thinks the the word Negro is is perfectly fine.
But he's not he's not a big fan of the term African America.
He said on the radio today hadn't been a peep about it.
Uh and we'll we'll just see how long it takes for there to be some sort of outrage.
I don't think there's gonna be any.
See you Monday, folks.
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