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July 25, 2006 - Rush Limbaugh Program
36:24
July 25, 2006, Tuesday, Hour #3
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Saying more in five seconds than most hosts say in an entire broadcast week.
Rush Limbaugh, the Excellence and Broadcasting Network.
And America's leading program, a program that meets and surpasses all audience expectations on a daily basis.
A program that defines Excellence in the media.
Doing the job the drive-by media used to do.
You have to go back a long time, but they did use to do it.
Telephone number if you want to join us, 800 282-2882, email address rush at EIB net.com.
Audio sound by time, dingy Harry, on the floor of the Senate yesterday.
Hopefully, her surprise visit to Lebanon is not a continuation of the Bush photo op foreign policy.
Mission accomplished.
Bring them on.
I hope it's not a photo op again, but a serious effort to follow up calls for American leadership.
The Bush administration has reported on the face of major weekly magazine last week.
Cowboy diplomacy cannot be replaced by couch potato diplomacy.
All right.
So that's Dingy Harry on the floor of the Senate.
That was uh yesterday trying to take the wind out of the sails of Condoleza Rice's visit to the Middle East.
Stunned everybody by going to uh Lebanon first.
She met with uh Prime Minister Olmert this morning and then with uh Mahmood Abbas.
Now this is very interesting.
We had a call.
I want you to listen to this dingy Harry, because once again, you've shown yourself to be an absolute nitwit.
You opened the door right into your face and bloodied your nose again.
What a lame brain bunch of comments.
What a pathetic.
This is a United States Senator on the floor of the United States Senate.
That is you gotta hear this again.
This is this is pathetic.
This is banal.
This is absolutely this is childish, it is juvenile.
You know what these Democrats are?
They're like spoiled rotten brat kids, and you people who have kids who have spoiled them rotten, you know exactly what I'm talking about.
These Democrats are the biggest little kids.
Can't get their way, can't win elections, he broke the window and it was the window's fault for being there.
At any rate, listen to this again.
Hopefully, her surprise visit to Lebanon is not a continuation of the Bush photo op foreign policy.
Mission accomplished.
Bring them on.
I hope it's not a photo-op again, but a serious effort to follow up calls for American leadership.
The Bush administration has reported on the face of major weekly magazine last week.
Cowboy diplomacy cannot be replaced by couch potato diplomacy.
I don't know what the hell he's talking about.
But that's that that that is pathetic.
Whoever wrote that for him, if he did it himself, he should be embarrassed, he should be ashamed.
And if a staffer wrote it, the staffer ought to be fired and sent over to some lowly house member, some House Democrat freshman, who are writing something like that would be a step up.
Get this.
U.S. Secretary of State Condoleez Rice met today with Palestinian Authority Chairman Mahmoud Abbas in Ramallah following her earlier meeting with Prime Minister Ahud Olmert.
It is time for a new Middle East, Condoleza Rice said in the meeting.
It is time to say to those that don't want a different kind of Middle East that we will prevail and they will not.
She admitted that the suffering of all innocent people in the region was disturbing, but nonetheless did not call on Israel to stop its actions in Lebanon.
She stated that the U.S. supported Israel's neutralization of the terror group Hezbollah, the Hezbos.
Let me tell you what this means, dingy Harry.
It means that the status quo that your party has so actively engaged in and given us and sought is going to be blown up.
We're not going to tolerate a Mid East as it has been.
It is silly.
If we were to go and do what the United Nations wanted to do, it would mean what we're doing in Iraq is totally meaningless.
And the whole region is something that we've got on our crosshairs to improve and change.
And the world has shown via the United Nations they're going to do diddly squat about it.
They're not going to do it.
There are only a few nations on the face of the earth that can do what needs to be done over there, and Condoleza Rice just told the PLA guy, we're Going to do it.
We're going to do whatever it takes.
The old Middle East is old, and it ain't going to survive as it was.
So all of you who think that Rice is over there giving time limits to Israel, uh I think you can discard it.
This is uh uh this is great, great news.
One more dingy hairy sound bite, also on the uh on the floor of the Senate last night.
How can we, the Senate of our country, leave here with this?
Raging civil war going on, and our troops are right in the middle of it.
How can we leave here without changing course in Iraq?
I I mean I that's why that's why I'm here.
I just it's a cry for help.
We need our Republican colleagues to speak out.
This blind allegiance to the president is not good for our country.
Uh, you know, folks, I'm a little younger than Dingy Harry.
I know that he is getting a little decrepit up there.
Uh, but his memory certainly can't be that bad.
It was just in the past two months that two of his great senators, uh, Senator Kerry uh and Senator Durban uh both offered resolutions that would have pulled us out of Iraq either immediately or within six months, and I think one of those resolutions, Dingy Harry got thirteen votes.
Thirteen.
It's not just Democrats who are, what did he say, uh uh standing in blind allegiance to the president?
There are a lot of Democrats who didn't like this idea.
Thirteen votes, Dingy Harry.
Thirteen, what do you not understand about the Democratic process?
What in the world is it after the Senate votes down actually, I think this is the there have been three.
Oh, yeah, because the first carry proposal, Mitch McConnell, a Republican, hijacked it when Kerry wouldn't take it to the floor, and Mitch did, and he got eight votes.
Kerry was able to get five more uh when he lobbied senators himself along with Senator Durbin.
What do these guys not understand about the democratic process?
Why in the world should anybody pull out of a rock when the Senate didn't even vote on a resolution to do so?
In fact, it was defeated profoundly.
What I mean about these people being little kids.
At some point you got to wake up and smell the roses and realize you're losing elections, and the fact that you're losing still doesn't entitle you to act like you're the majority and still call for this and demand that.
And before you start begging Republicans to join you, you better go get some of your Democrats to change their mind about it.
Now Pete DuPont, rising tide, Wall Street Journal today.
Let me just give you this quote.
This is this is this is the pull quote.
This is the money quote in uh Pete's peace.
In the past 33 months, that's just a little over, you know, maybe two and a half, almost three years for those of you in Rio Linda.
In the past thirty-three months, the size of America's entire economy has increased by twenty percent.
Or as Larry Cudlow put it, in less than three years, the U.S. economy pie, has expanded by 2.2 trillion dollars.
An output add-on that is roughly the same size as the total Chinese economy.
So in the last three years, we have added to our economy, our economic pie, the sum total of the Chinese economy.
So take that, all of you handwringer worry warts moaning about how China's gonna overtake us.
His point, DuPont's point here, is that there is a reason for this.
And the reason for this is tax cuts.
Reducing the capital gains tax rate from 20 to 15 percent, increased capital gains tax receipts by 79% from 2000 to 2004, cutting the dividend tax rate by more than half from 39.6% to 15%,
increased dividend tax receipts by 35% from 2002 to 2004, and corporate tax receipts have nearly tripled since 2003, reaching 250 billion for the past nine months, 26% higher than the same period last year.
All of this is due to tax cuts.
While I was gone, uh there were numerous stories about how Washington was stunned, couldn't believe all this new revenue pouring into the treasury.
And people told Democrats, well, it's a tax cut.
Well, it can't be the tax cuts.
No, no, no, we don't.
Because the Democrats, when you uh cut taxes, you short the government.
They do not understand the dynamic answer.
Well, they actually do.
They just don't want to admit it, because to admit it would be to blow up one of the foundational building blocks of their stupid little belief system.
But uh this is the quite a way to express it.
In the past 33 months, a little less than three years, U.S. economy is increased by 20%.
And yet the Democrats are still out there.
You know Hillary, it's it's it's uh what what is her phrase?
Uh it's about the American dream stupid.
The Democrats are out there going to try to convince people the only people getting rich are the rich as the middle class is not moving.
Nobody's getting raises we're on the verge of soup line America in the midst of this kind of economic expansion.
And I knew it and I warned you and before long you're going to see a phrase.
I'm going to predict you you'll see a phrase and I know nothing.
As you know I have no context for the Democrats and nobody from the Democrats leaks anything to me but it won't be long before they start talking about the affordability crisis.
Mark my words it appears to me that that they're they're they're they're I guess trial ballooning this focus grouping this to see if this will play as a campaign theme for this year as they attempt to win back Congress because they apparently the war stuff is not playing out for them as they had hoped.
Back in a moment and we are back here on the cutting edge this is somewhat interesting to me only because of the reaction by the mayor if you are a cell phone using goose liver eating that would be Foie graw for those of you in real li well it's going to confuse you even more never mind.
Cell phone using, goose liver eating, cigarette smoking, fast food loving person, Chicago might not be your kind of town.
In Chicago, a city that once winked at prohibition, members of the city council are trying to crack down on things they deem to be unhealthy or immoral or just plain annoying.
A proposal that would restrict fast food chains from cooking with the so-called artery clogging trans fat oil.
oils.
Got a public airing last week and in the past year alone aldermen have banned smoking in nearly all public places and the use of cell phones while driving in April Chicago became the first U.S. city to outlaw the sale of foie gras, a goose liver delicacy that is decried by animal rights activists because it's created by force feeding the birds to fatten up their livers.
Critics, including the mayor, wonder if the city council suddenly deemed itself the behavior police.
We got children getting killed by gang leaders.
Dope dealers, said an angry mayor, Richard Daly.
We have real issues here in the city.
We're dealing with foie gras.
Let's get some priorities.
Amazing.
He's absolutely right.
What in the world is happening?
Letting all of these liberal hand-wringing, touchy-feely, nanny-state mamby-pambys go to town over a bunch of things that are useless and irrelevant and beneath whatever their jobs actually should have them doing latest target is trans fat.
It is found in some oils used to fry chicken, french fries and other foods a proposed ordinance would limit limit the use of such oils by fast food chains in Chicago like the Foie Gras ban the proposal earned the mayor's scorn.
He said is the city council going to plan our menus yes exactly right exactly you let liberals run your life and by God they will take over in five seconds Ralph in Fort Smith Arkansas welcome to the EIB network nice to have you with us.
It is a pleasure and honor to speak with you Mr. Limbaugh listen to you all of my adult wife and it is a pleasure to speak with you.
Thank you very much.
Once again thank you for taking a call from Arkansas the land that vomited up der Schlickmeistered his lovely wife Ava we are not proud of them but uh that is neither here nor there.
My point is earlier in your program you were discussing Republicans that are critical of Bush.
And I think this speaks to Bush's poll numbers because in the state of Arkansas here I work with several liberals, you will never ever hear a liberal say one coarse word about a Democrat.
There is never anything wrong with Der Schlickmeister.
There's never anything wrong with Hillary.
Everything is great.
On the other hand, conservatives, I have noticed, are intellectually honest.
They're able to discern when their party is not behaving in a conservative fashion, i.e., no child left behind, uh immigration policy and so forth.
So when you poll a group of people, conservatives are intellectually honest, liberals are not.
Interesting point.
So what you're saying is you're I you're obviously bouncing off the Michael Steele thing, right?
Where he's out there criticizing, I don't want Bush coming here campaigning for me.
The guy hasn't helped me out.
I got a mound problems here and I want to I want to do this myself.
You're bouncing off of that and I think that's that's actually well stated in a sense first thing that I like about it is Bush's approval numbers.
There's no question that one of the reasons Bush's approval numbers are down is because Republicans are unhappy about this or that or the other thing and are saying so.
These uh polls present these approval numbers as uh all Americans and they hate Bush's policies and so forth.
I mean, you know he's dead on the money.
You don't have any, you don't hear a liberal Democrat criticize another liberal Democrat ever.
Well, well, about that Cook fringe, but I mean, a Cook fringe is criticizing Hillary.
A Cook fringe is criticizing Lieberman as well.
Oh, that's another thing.
It's all over the newspaper, but guess what?
Clinton's going in there to help out Lieberman, and everybody's saying he's going in there to help Lieberman, to really help Hillary.
But all these stories now say, you know what really is...
scaring Democrats is if Lieberman wins as an independent well where did you hear that first and at least a week ago uh I might point out but anyway I I don't tell you this to brag as you know I tell you this so you know uh that you're on the cutting edge of societal evolution.
Uh Ralph thanks for the call well said I appreciate it.
This is Jeff in Lansing Michigan and it's your turn.
Hello.
Rush mega dittoes thank you.
I'm so sorry you're in a bad mood today I called you to cheer you up sir.
Try it.
All right I am a a huge fan of yours.
I've been around since the TV show.
I get your podcast and I know you're on the societal c edge of uh or you know cutting edge of societal evolution right I'm waiting for the rush downloadable ringtones to come out for my cell phone well I don't think you're gonna be waiting much longer we are working on all kinds of upgrades to the uh uh rushlimbaugh.com anyway there are all kinds of things that we are working on I in fact I haven't said anything about it because I was afraid that we'd be late so there's no you you you're you
You wouldn't know we're late unless I told you a target date.
We were hoping to roll some of these out sometime in the early part of the summer, but including new video abilities with the actual radio show, not just the podcast, working on that.
Your old schticks on there as well, too.
That'd be awesome.
The Schlickmeister voice and, oh, what was the one?
Every child should be a wanted child.
All the good stuff.
That was Jocelyn Elders.
Yeah, Jocelyn Elders.
That's the one.
Put them all on there, Raj.
We'll buy them all.
Take care, buddy.
All right.
Thank you.
Thank you, Jeff.
Nice to have you, Dave, in Chicago.
Welcome, sir.
It's your turn.
Mega dittos.
Thank you.
As you say, calling from Chicago.
You were just talking about all of our great things the city council is doing.
They're now planning, coming up tomorrow, vote of what they're calling a big box ordinance against stores over 90,000 square feet with annual sales of a billion dollars, which affects Walmart.
There are no Walmart stores in Chicago proper.
This big box off uh law is going to make them pay a minimum of ten dollars an hour plus three dollars an hour for benefits Walmart says we're not staying this is crazy we can't compete doing that other stores like Target are going to be affected.
Wait a second wait wait a second you said that there are no Walmart stores in Chicago proper in Chicago proper correct that's right they've moved they're just like one block away right they've located stores one block away from the city limits uh and and in uh in in different neighborhoods, uh, and they're elevating the economic value of the neighborhoods and so forth.
But I thought they I thought they were immune to whatever inanities that came out of the Chicago City Council.
Well, what they're trying to do is to go into certain areas in the city and and help those economic areas.
And let me just tell you something.
Let me let me just tell you something out there, Dave.
Based on what just happened in Maryland, you know, those those idiots passed their own Walmart law requiring Walmart to pay X amount in health care benefits, and if they didn't do it, they had to pay the balance to the state.
And a federal judge threw the case out, through the through the law out, saying it was unconstitutional because it it it the state does not have the right uh to uh supersede and intercede in a business running that way was already governed by federal law.
Now the state of Maryland's gonna appeal, but it sounds to me if that that could be landmark and Chicago might lose a similar case if they try the same stunt, although in different areas.
A man, a legend, a way of life, learn it, love it, live it.
For it is a beautiful thing.
Here are the EIB network and the EIB Southern Command, the Limbaugh Institute for Advanced Conservative Studies.
All right, a little lifestyle stack of information.
All right.
See, I think I run my own show.
I just said, and you heard me.
Uh time to go to the lifestyle stack.
And the official program observer, abandoning his role of observation, says to me over the IFB, are you really not gonna do Hillary?
Let me check the soundbite roster.
Do we have you wanna do you want to hear?
Do you want to hear?
Well, let's go ahead.
Okay.
You know, I don't want to do it.
I'm in a bad mood, so I don't care.
But I'm gonna get this lifestyle stuff even after I do the Hillary stuff.
The Democrat leadership council had their big meeting, yep, yep, yep, yep, yahoo.
The Democrats decide, what are we gonna do to win?
The media is out there panting.
Going into overdrive, hyperventilating.
Democrats have a plan, they're going moderate, they're going Santa Research.
Yay!
Hillary comes up with a phrase, it's go to audio soundbite number one.
Um this is uh pathetic, Hillary line.
I think based on my hearing, she gets pathetic applause and even some groans from the uh DLC.
Remember now this is the smartest woman in the world yesterday in Denver at the annual meeting of the Democrats.
What do you mean the annual meeting?
These people meet every day because I see news stories every day about what they're doing and what they're planning and what they're saying.
They can't meet just once a year.
I hear from them every damned day.
Anyway, here's what she said.
You know, to paraphrase the historic 1992 campaign.
It's the American dream, stupid.
That's not that's pathetic.
That sounds pathetic.
That was a pathetic little bit of applause.
And what the hell was historic about the 1992 campaign, the number of lies it contained, worst economy in the last 50 years.
She's had all this time to go out there and plan this big coming out party for the DLC.
I guess Hillary's decided she's not going to go right.
She's not going to go left, she's going to go to the center, gonna go moderate now.
So it's the American dream, stupid.
Uh here she adds some more brilliance.
Uh this is just one little sentence.
It goes by real fast.
It's only five seconds.
With all due respect, rich people did not make America great.
You wonder why I didn't want to do this.
What is new about this?
Here is class envy on parade.
The Democrats are well known for this.
With all due respect, rich people did not make America great.
Whoever said they did?
Can somebody help me out?
Whoever said the rich made the country great?
And then they they they can get rich making the country great, but this is this is just it's asinine snurred.
This is just this is this is so beneath me to have to even go here to analyze this.
It is an affront to my intelligence and sensibilities.
I'm told this is the smartest woman in the world.
I'm told that she spends six thousand dollars of her campaign money on manicures and haircuts.
And I look at the hair and I say, if you're gonna spend three or six thousand dollars on that, it's obviously a lost cause.
If three or six thousand dollars can't do any better than that, it's a lost cause.
But Kathleen, taking this stuff seriously, the hardworking cookie went back and put together a montage of the Clintons and their comments about the rich.
Someone like me gets a big tax cut when I don't really need it.
The Republicans used to be so mean to Hillary and me, but ever since we got out and started making money, we're the most important people in America to them.
I myself have gotten four tax cuts.
We depend on Japan, China, the United Kingdom, Saudi Arabia, and Korea to loan us money every day of the year to cover my tax cut.
I never talked to anybody, Republican or Democrat in my maximum tax bracket who believes in this stuff.
We have gone forward with not only huge tax cuts for the wealthiest among us, of course, since my husband's making money.
We're in that category.
How classless can you be?
They have to tell people you're rich.
That's like saying if you don't sell yourself for money, if you have to tell people that, then it's an open question.
They do.
They run around, they brag about their wealth all the time.
I don't need that tax.
Well, then don't take it.
Send the money back.
But keep your damned hands out of everybody else's pockets, Bill.
Try to get them in Hillary's pocket, see if you can find them.
Bottom line here is folks, these people are so classless that can't, they the whole life has been about getting money, but not through hard work because they think rich people steal it, get it through tax cuts, inherit it, game the system or what have you.
It's what Whitewater was really all about.
It was just a get rich quick scheme, because that's what they thought everybody did.
And uh there's Bill making 26 grand.
Hillary, brightest, smartest woman in the world, moved to that swamp called Arkansas, had to go down there with well, that's what she thought of it.
You think she liked Arkansas?
You think she's gonna go back to Arkansas, other than to go to the Clinton library massage parlor?
Here she is, this grew to Chicago.
Yale, to Wesley, she's got a great future, and she got this lug, she marries his lug because he figures he's gonna go to the White House, and he did.
Typicals, you know, she grabs and follows his coattails, and when he gets where he's going, takes over.
But in the meantime, in the in the route, had to go to Arkansas, had to go to Arkansas, had to put up with Bill and those harlots down there, sluts, whatever he was running around with.
He's making 26 grand, she's making a hundred grand at the Rose Law firm, still not enough.
They're overwhelmed with how much money they don't have.
All their friends have lots of money and so forth.
Now, time to get rich.
They lambass the rich, they criticize the rich.
I don't see them giving their money back.
I see them telling everybody how rich they are.
They may have a clever way of doing it.
I don't need that tax cut.
Why?
You know the Chinese have to pay national debt to cover my tax cut.
What an asinine thing to say.
What an arrogant asinine thing to say.
I'm making a lot of money out there now, and ever since I call this money, Republicans are my best friend.
I love me.
Well, I've never met anybody that takes this stuff seriously.
Well, you haven't met me, have you?
And you have met a whole lot of people, Bill, who do take it seriously, and you ought to take a look at the U.S. economy these days because of this tax cut.
It won't matter, they won't look at it.
Um I just bragging about their tax cuts.
You just keep in mind, they never refuse the money.
When somebody offers them big bucks for a book deal, they take it.
When somebody offers Hillary big bucks for a house or whatever, she takes it.
And then they run around complaining about their taxes as though they're not high enough.
Sorry, doesn't wash.
Uh, Chris in Springfield, Virginia, you are next on the EIB network.
Hello.
Hey, Russ, you and Hillary are way off.
You know, if it wasn't for a bunch of rich, dead white guys complaining about taxes, we wouldn't have America.
Uh, if it wasn't a rich, dead white guys complaining about taxes.
Oh, you yeah, well, you're talking about the founding fathers, the Boston Tea Party.
Exactly.
Taxation without representation.
Yes, it's true.
Many of the founding fathers were wealthy by Their standards in their day.
Yeah, I mean, uh, you know, the thing is, you know, I mean, they were actually very rich.
You know, George Washington.
I live over near his house.
I mean, he was incredibly rich.
Yeah.
He was.
So was Thomas Jefferson.
So, you know, I mean Thomas, you know, Ben Franklin discovering electricity made him uh made him a million.
Well, I don't mean that.
What is so are you actually you you're you're disputing Hillary's point that rich people have made the country great?
Absolutely.
I think they did.
I mean, if they were if they didn't have to worry about their money, they wouldn't even complain about King George, and therefore we wouldn't have the United States.
Yeah, yeah, I must I must say, you uh you you make a compelling point, although I I don't want to destroy any uh any uh uh images that you have.
But in the case of uh George Washington, uh little John Kerry in him.
It was it was it was his wife that had the money.
Uh didn't stop him from being great founder and father of the country, but it was Martha who uh who had who had the money.
But nevertheless, they had it.
Uh there uh there was wealth.
George Washington married up uh and then made the uh made the most of it.
Hey, I appreciate the call out there, Chris.
Uh thanks very much.
Uh see uh Dale in Cleveland.
We're one more call over go to the break, and then I'm gonna do the lifestyle stack that I was gonna do some moments ago until Snurgley demanded the Hillary segment.
Yes, Dale, nice to have you.
Thank you.
Um, you are uh always claiming to be optimistic, always on the upside, always thinking on the upside.
Yes, always positive, never negative.
You are having more fun than a human being should be allowed to have.
You cannot be in a bad mood.
You have no right to be in a bad mood.
Yeah, you know, I know in a in a relative sense, you're right.
What do I have to be in a bad mood about?
Well, what is it?
I don't know.
That's if I knew uh don't you ever have these flat line mood days where you just you just sort of blah you're sort of blah.
I I know, I know.
I started doing something years and years ago.
When people ask me how I am, I say, terrific.
And uh my friends hear it several times and they say, You mean every morning when you get up you feel terrific?
And I say, of course not.
But I always tell myself I do.
Well, um, yeah, if you what you profess you possess.
Yeah, I understand that.
But see, I disagree with that in in a sense.
And I'll tell you what.
So I think I think the blaws, or even when you get depressed, that's a it's a genuine emotion.
I mean, there's a reason for it.
I just haven't dug deep to find it.
There's obviously some reason.
I just don't know what it is.
Because I haven't spent time dwelling on it.
But I've always found that it when I'm in a genuine funk about something, to act, to act like I'm not, I can't pull that off for the duration of the funk.
And at some point I'm gonna say, uh, this is BS.
I'm just acting, and I feel worse than I did uh before I started acting happy.
Um, you know, I if people ask me how I'm doing, I tell 'em how you do it.
I'm in a rotten mood today, and you ought to know it.
Are you gonna play golf this afternoon?
Nope.
Are you smoking a cigar now?
Uh well, it went out about an hour ago, and I just haven't bothered to go get a new one.
Well, light it up, you'll feel better.
Uh okay.
I I don't feel I don't feel bad, and I'm not I'm not in a pessimistic uh mood or doom and gloom.
I'm just it just happens.
You know, I shouldn't have said anything about it.
Now the nation's worried.
Like he said, what do you have a right to be in bad mood about?
What in the world do you have a bad and I understand most people's attitude about that?
Rush, we can't afford for you to be in a mad mood.
Country needs you.
You get in a bad mood, you're gonna uh uh be the best you can be.
Blah, blah.
Understand all that.
Uh is the market down and I haven't seen.
I don't care if the market's down either.
It'll be back up.
Yep, yep, yep, yep.
Mark is down.
So what?
It'll be back up.
Uh oh, I don't think it's my mood.
Could be.
Never know.
Uh wouldn't doubt it.
My mood has the have you has my mood today affected you guys in there?
Has it?
Because it it tends to.
I have such a dominant figure.
I'm such a dominant.
I'm now they're telling me Shell's been very funny.
That's helpful.
Hi, welcome back.
Nice to have you.
Having more fun than a human being should be allowed to have.
I'm sorry, folks, but this I you shouldn't have made me do this.
This Clinton business on the rich and now really got me revved up here.
You know, the liberal icons.
Liberal icons are some of the wealthiest families in America.
You want to hear the names?
Roosevelt's, Kennedys, Rockefellers, Daytons, the uh Heinz Carries, Gates, Buffett, Soros.
Some of the wealthiest icons in the world are Democrats.
And there aren't a whole lot of poor Democrats in the Senate, are there?
And I noticed that Hillary went for the big bucks as soon as she could.
And Bill has turned his presidency into an endless speaking fee entourage out there.
Huge fees.
He gets sometimes 200 grand or 300 grand, depending on if it's Dubai or the United Arab Emirates, uh when he's out there making a speech.
So they're out there denouncing what they've become.
And every liberal does it.
Kennedy does it.
Dingy Harry's wealthy, Herb Cole is wealthy.
All these class envy Democrats denounce what they have become in a in a phony and transparent attempt to make the middle class think that just one of them.
And just like them have their interests at heart.
Liberals try to get away with this hypocrisy all the time because they pretend to be for little guy when in fact they are for big government.
Mark and Daphne, Alabama.
Nice to have you on the EIB network.
Great to be here.
First time caller.
Thank you, sir.
Wonderful to have you.
Thank you.
The point I'd like to make, if there were no wealthy people, the entire engine of progress would stop.
An example, George Vanderbilt's house in Asheville was the first home in America to be air-conditioned.
It cost the equivalent of a quarter of a million dollars to air condition his house.
That's cheap.
Okay.
Okay.
So he bought the first one.
Bringing the economy of scale into play, reducing the cost, making it able to be afforded by the next level of wealthy people.
This starts a cycle of cost reductions, which makes consumer products available to everyone.
You know he's.
I worked in electronics store when I was in high school, and we sold VC beta video tape recorders.
They were $3,000 a piece, and every movie cost $150.
If there had been no wealthy people, if there had been no concentration of wealth that would allow those people to form a small but um functioning market, we would not have BCRs, we would not have air-conditioned homes.
Most of the products we have today would not be in existence if there were no concentration of wealth.
No, that's exactly right.
People get defensive about it.
You note I don't.
Uh but people get defensive about it.
People who are wealthy, they're all audit over people and so forth.
But there are this guy's exactly right.
In fact, when when you were on hold and I was I was reading uh the subject line, uh I I was gonna use the Betamax example myself.
I bought one of the early Betamaxes.
I had to take out a loan to do it.
I it was it was fifteen hundred bucks.
And I think I was I was in Kansas City, so I was probably making what uh twelve thousand dollars a year.
I had to have one of these things.
He recorded for one hour.
And I had to have it.
It was just fascinating to me.
And I and I was uh I was I remember sitting in the bank trying to explain to the loan officer why I had a need for this.
Borrowing a thousand bucks over the time, that was huge.
It was huge.
I was taking a bit a bit of a risk.
Surprised I got the money.
But he's right.
If I hadn't done that, today many of you wouldn't be able to have bought VCRs for the cheap price of 200 bucks.
No, no, I'm not trying to take the credit myself, but if when new products are introduced, they're always high price.
There's a new plasma TV, 103 inches, going to cost 66,000 when it first comes out.
Uh they're not gonna sell some a lot at that price, but they will sell some, and at some point, that that that price will come down by half if uh if not more happens in electronics as a consumer electronics is a great illustration of that.
Air conditioning too.
Mark, thanks for the call.
Gotta go, folks.
Uh, lifestyle stack tomorrow.
Thanks, Dougley.
All right, uh many people have been asking for a fourth hour lately.
I promise you I will do one El Quico, but I can't do it today because I gotta do a bunch of garbage here.
But we'll be back tomorrow, ladies and gentlemen.
Sit tight, 21 hours, and it'll all start up all over again.
Enjoyed it for the most part.
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