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April 17, 2008 - Rush Limbaugh Program
36:10
April 17, 2008, Thursday, Hour #2
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Time Text
Yes, ladies and gentlemen, having more fun than a human being should be allowed to have Rush Limbaugh behind the golden EIB microphone, the most listened to radio talk show in the nation.
It's a thrill of delight to be with you.
We meet and surpass all audience expectations on a daily basis here.
And I am your highly trained broadcast specialist, Rush Limbaugh, showing everybody how to do it.
But don't drive this at home.
We, who are great at what we do, make it look easy.
Make everybody think they can do it, which is inspiring in its own way, but nevertheless, one has to know one's limitations.
800-282-2882, if you want to be in the program, email address, lrushbo at EIBNet.com.
If you're just joining us, I, as Commander-in-Chief, U.S. Operation Chaos, after witnessing last night's debate and the meltdown of both those inept candidates, watching the meltdown of the Democrat drive-by media today, watching the absolute hysterics that the left-wing fringe Kook blogosphere has sunk to, I suggested to the Democrat Party superdelegates they have only one option.
It's time for the doomsday option.
It's time to get a third candidate and to bag these two and to get rid of these two.
It's patently obvious neither of these two candidates can win.
But I want you to think about something, folks.
This is just two Democrats.
This is just two of them.
Now stick with me on this.
How radical really is this party, the Democrat Party?
Now I will tell you, my own observation is there's not a dime's worth of difference between Obama and Hillary or Harry Reid or Dick Durbin or John Kerry or Jay Rockefeller, Patrick Leahy.
This is who they are.
We have two of them now on stage.
And when you look at Obama, who does he hang around with?
He hangs around with people who hate this country.
He hangs around with them.
He doesn't just run into them in the ice cream stand.
He doesn't run into them while doing community organizing duties.
Bill Ayers hosts an event for him when he's running for the state senate in Illinois.
Mrs. Clinton worked for a communist law firm in Oakland.
Mrs. Clinton benefited from the pardon of a bunch of Puerto Rican terrorists by her husband to facilitate her election to the Senate in New York.
We know all about the Clintons.
We know about their ties to the THICOMs, their ties to the Indonesians, illegal fundraising.
We know all about the Clintons.
We know how radical so many Democrats are.
Look at John Kerry, John Kerry who thought he could win an election and claim to fame by hating the Vietnam War and by trashing the men and women who wore the uniform in the Vietnam War and going through this big ceremony throwing his medals away.
Then the Swissboat Veterans for Truth came out and they got the truth out about Senator Kerry and he imploded.
Walter Mondo promised to raise everybody's taxes at the 1984 Democrat convention and promptly lost.
Obama and Hillary promising to do the very same thing now.
Irresponsibly so.
Obama doesn't even know what he's talking about when he's asked these questions when he's answering them.
Michael Dukakis, who was so far left and so incompetent and so out of it that in order to prove that he had gonads, he got in a tank and put on a Beetle Bailey helmet and got a picture taken and his candidacy was over.
In fact, people have forgotten this.
In the 1988 campaign, Dukakis did not want to make the Pledge of Allegiance mandate.
He opposed the Pledge of Allegiance in schools.
All George H.W. Bush had to do was tour flag factories, which he did.
Dukakis had something a 20-point lead at one point in that race over H.W. Bush.
But the minute it became clear that Dukakis did not share the reverence and respect for this country that real Americans do, average Americans do, he was sunk.
And that's why Hillary's sunk, and that's why Obama's sunk.
He hangs around Jeremiah Wright.
His wife's running around angry, yet he claims to be a unifier.
Everybody in his orbit is mad about something.
They all have one thing in common.
They don't like this country.
Ayers doesn't like the country.
Jeremiah Wright doesn't like the country.
His wife said she was never proud of it until Obama ran for office for the presidency.
He's not even a smart politician.
Gets his question about Bill Ayers last night.
He could have very simply said, I am the candidate of unity.
I know everybody in this country.
Yes, I know Bill Ayers, but I know conservative Republicans and I work with them in the Senate.
I am the guy that can represent all America.
He could at least give it a stab, but instead he got all defensive and tried to say, well, I didn't know this guy for a long time.
I was eight years old when he did this stuff.
He hasn't renounced any of it.
Pure, pure incompetence.
But these are just two of them.
Hillary and Obama, just two of these Democrats.
What other ties to other radicals must some of the other Democrats have 400 of them in the Senate and House?
You think that there might be some strange ties with them?
I mean, this is who the party is.
This is something I have known for a long time.
1984 San Francisco Democrat Convention.
I was there.
It was my first ever political convention.
I'm watching this.
I'm listening to it.
It is pure anti-American tripe.
We've got one of the most popular presidents in history running for reelection.
And these people out there thinking that they're going to win by ripping the country and ripping the people that voted for Reagan.
Tip O'Neill sitting there like Job of the Hut, overseeing everything, getting up and making his speech about all the rich Republicans showing up in their limousines and eating caviar, drinking champagne, when O'Neill had a complimentary presidential suite at the Fairmont Hotel provided by the owners and he's showing up every day in a limousine.
I mean, not that that matters, but there's a little hypocrisy on parade here.
This party was dubbed in 1984 by Gene Kirkpatrick, the Blame America First Party.
The San Francisco Democrats blame America first.
What party do you think the people who bomb military recruitment centers belong to?
What party do you think people who vandalize anything having to do with a military recruitment center such as in Berkeley, such as in Oakland, or keeping them off college campaigns such as you'll see Santa Cruz?
What party do you think they belong to?
What party do you think that people who want no reference to God in public belong to?
What party think of anything radical that is happening in our culture and society?
What party do you think they belong to when they say we can't win in Iraq?
We got to get out.
We need to wave the white flag of surrender.
The United States is the problem in the world.
What party do you think they belong to?
The radical nature and direction Democrat Party is nothing new.
But thanks to Operation Chaos and its commander-in-chief, me, it is now on display for the whole country to see.
And we are only having to point that out.
We're not having to quote them.
We play their own words.
They're saying it.
Obama is telling everybody who he is.
Obama and Hillary are exhibiting for the nation their pure incompetence.
Hey, Jimmy Carter, what party, if you didn't know what party he belonged to, what party would you think he belongs to when he's going over there trying to have meetings with Hamas and undermine the U.S. process of dealing with all these disparate interests in the Middle East?
You would have to conclude that he is a Democrat.
When you listen to any politician rip this country or blame this country for destroying the world with global warming or what have you, for being too wealthy, for having too large a military.
What party does that?
The Democrat Party does it.
They've always gotten away with not having to say this stuff publicly.
They've been able to successfully hide behind the camouflage of the mask because they have had cover provided with the drive-by media.
But now the drive-by media has been brought into this.
Now the Democrats are questioning the journalistic integrity of George Stephanopoulos.
Been moderating debates, been on ABC for many, many years, but all of a sudden last night, the debate didn't go the way Democrats thought it should.
All of a sudden, Stephanopoulos shouldn't have been there.
We used to work with the Clintons in the White House.
They would never be asked if Stephanopoulos asked tough questions of Republicans in a debate.
The American people have enough problems with liberals like John F. Kerry, the haughty Vietnam veteran, Walter Mondo, Michael Dukakis.
Take your pick.
They're not going to elect an even more extreme candidate to the presidency.
Obama's been able to hide behind his speeches in a fawning media up till now, but nobody knows who he is.
He told us who he is in San Francisco.
The Reverend Jeremiah Wright tells us who Obama is.
His association with Bill Ayers tells us who he is.
He cannot win in November.
He will be even more fully exposed by then.
The Democrats need to find a third candidate to rally behind, because if something doesn't change on this, the Democrat Party's civil war, uncivil war based on race, is going to expand, and we're going to find out just what the Democrat Party's constituency groups are, all the factions.
They're going to be at war with each other, and it's going to be on stage.
It's going to be in public.
The superdelegates are the only ones in the Democrat Party who can change this.
By definition, they can do whatever they want.
They don't have to vote in any particular way, despite the pleas of Nancy Pelosi.
Oh, how about you talk about radical Pelosi, John Murtha?
These are pure radicals in the sense that they look at their country with shame, anger, some cases dislike.
On the whole, we all have things about the country we don't like, but when it comes to loving and appreciate the country, you have to look far and wide on the Democrat side to find it.
You do.
They want to get hold of this country and change it.
They don't like the institutions and traditions that define this country from our founding forward.
That's why this is so important.
The Democrats are cruising for a landslide defeat.
This keeps up.
And there's no reason to suspect it won't keep up.
Mrs. Clinton's not going to get out of the race.
In fact, if I'm in a Clinton camp today, I'm thinking, all right.
Now, if, if the Republicans wanted to win in a landslide, regardless what the superdelegates do, just have somebody give my opening monologue here to Senator McCain.
If he would use portions of this in a stump speech, he won't, but you tell this to the American people, you know, modify it for somebody's own personality and so forth, but this is who the Democrat Party is.
You think it's Obama and Hillary?
That's just two of them.
This is the Democrat Party.
And the superdelegates are the last hope.
Doomsday option.
It's time.
Ha!
Welcome back, ladies and gentlemen, Rush Limbaugh Talent on lawn from God.
By the way, for those of you from the Democrat blogs that are listening to the program today, the liberal fringe blogs, your fringe blogs, you're all upset over the questions that were asked last night.
Let me clue you in about those questions.
I don't care where the questions came from.
And they're all upset at Hannity for planting the Ayers question with Stephanopoulos because Hannity had Stephanopoulos on his show money and implored him to ask the question.
I don't care how it got asked.
It's good it was asked.
The point is, it had to be.
This is what you liberals are going to have to figure out if you ever are going to end up nominating people that can win national elections.
The fact that several of these questions had to be, for example, a flag quit.
Can you imagine?
I mean, it's one thing to ask Tom Brokaw why he won't wear the American flag, but he's a drive-by media guy.
He's not running for president.
People running for president are president of all the people.
When a guy running for president won't wear the American flag lapel pen, it's a legitimate question to ask why.
The very fact that we had to ask this question means Obama's not fit to run in the general election.
The very fact that some of these questions were asked of either of these candidates illustrates what a pass they have gotten for so long on these things, in addition to illustrating they're not qualified.
They're not fit to be president of the United States.
Back to the phones, Matt in Redlands, California.
Hello, sir.
Hello, Rush.
Rush, I think Obama had a terrible answer to the question of why he still hangs out with Bill Ayers, an unrepentant, homegrown American weatherman terrorist.
And that was that Hillary's husband pardoned two weathermen terrorists.
And we all know that two wrongs don't make one right.
And just because Hillary's husband pardoned two weathermen terrorists, that does not justify Obama's ongoing relationship with Bill Ayers, an unrepentant terrorist.
What do you think, Rush?
I think it's exactly right.
And I'll tell you something else about it.
The fact that Obama doesn't know how to deal with this.
If you're in the Obama camp, you've got to be rehearsing that you've got to be thinking somebody somewhere is going to ask you this, if not now, in the general election.
Somebody's going to ask.
You've got to be able to have an answer of why you're hanging around with Bill Ayers.
And you better not lie about it.
You better not create the impression.
Well, I very seldom see him anymore.
I gave him the answer.
I suggested the answer after the fact.
If it comes up again, he goes, look, I'm going to be president of the Old People.
I'm a unifier.
But Jeannie's out of the bottle now.
But this is part of Operation Chaos.
I mean, they're tearing each other apart.
So Hillary asked a question, or Obama gets asked a question about Bill Ayers.
And then Hillary jumps and piles on after his first answer.
He comes back and says, well, you're no better than me.
So what we had was two Democrats last night telling the nation that neither of them are any good, that neither of them are fit, neither of them are qualified.
Thank you.
Operation Chaos.
This is Jeff in Morocco, California.
Nice to have you, sir, on the EIB network.
Thank you.
Listen, I just called to ask you to keep it up.
I'm a lifelong Democrat, all 52 years old, voted for Jimmy Carter once in my first election.
And I don't think you even know how right you are about everybody, the people you name that are a disgrace to this country.
And what party do you think they belong to?
And these are the people that have taken over my party.
And my greatest fear is that we let the people who've taken over my party and told Ronald Reagan that he wasn't a Democrat anymore and told Zell Miller he's not a Democrat and could tell Joe Lieberman he's not a Democrat and that I'm not a Democrat because I'm not in lockstep with their lunacy can we dare to give them the control of this country and let them redefine what an American is no No, we cannot.
Very brave of you, sir.
And you're quite right, by the way.
I don't know how right I am usually.
I'm usually very much more right than I end up thinking.
So you're right more than you think you are.
Can I share something with you?
Yeah, by all means.
I mean, you've probably heard this from people before, but I first started.
I didn't vote for George Bush either time.
I voted against Bagman for Bill Clinton with the bags of Asian money and the Chikom money.
I voted against Al Gore and I voted against John Kerry.
But I started listening to you just when you came back from your month off.
You know, I had a little bit of smug.
I was waiting for something.
And instead, you know, everything you said resonated.
It made a lot of sense.
But I would still, I would turn the radio down when I pulled in the parking lot of the school where my kids go to school.
Because, you know, I didn't want anybody to think that I couldn't relate yet.
I mean, I didn't want people to hear me listening to you.
There's so much peer pressure here.
Can I draw you an analogy to that just to show you how wacko your party's gotten?
As you already know.
So you pull into the parking lot were to drop your kids off to school.
Is that what you said?
Yeah, drop off or pick up.
Drop off or pick up.
And you got this program on, but other parents are there in their cars, and you don't want them to know you're listening to me.
So you turn the radio down, right?
Absolutely.
That's exactly what people who lived in the Soviet Union did.
They went to their bathrooms to tell each other what they really thought about things because they were afraid their houses were bugged by the state.
Now, what kind of a party is it?
And I mean this, seriously, Jeff.
I don't fear telling anybody in my own circle of friends that I'm talking to liberals, that I'm watching liberals.
I have no fear that people on my side of the aisle, what they're going to think of me, if I go out with a liberal woman, if I talk to a liberal on this program, I don't care.
But on the liberal side, if guys like you get caught listening to me or anybody, you turn that thing down.
You don't want to get in trouble.
So you've got Stalinist type intolerance in the Democrat Party today, not just at the top, but among its practitioners, among the voters.
What you really didn't want to deal with, you're listening to Limbaugh?
What's happened to you?
This happens all over the country.
People huddled around their radios at work.
Some people have gotten brave and turn them up.
I got notes yesterday.
I got an email from a guy driving to downtown Minneapolis.
We were playing Battle Hymn of the Republic by the Army Chorus.
He had tears coming down his face.
He said he turned that radio up, lowered the window at a stoplight where people were crossing the street.
He wanted to see what the reaction was.
He was surprised.
A lot of people gave him thumbs up.
You know it, and I know it.
Another brief message to those of you in the Democrat Party who are superdelegates.
I have already suggested to you what I think is going to happen.
I think you're going to do this.
I think the Democrat Party, good likelihood, will come up with a third candidate to unify this mess that has happened.
This goes to the convention the way it is.
These two camps hate each other, Hillary and Obama.
This is, folks, it's worse than even it appears.
And if by the time we get to the convention, both of these candidates are down 15 points, if they're down 15 points to McCain, if the generic Democrat ballot or either Hillary or Obama down 15 points to McCain in late August, then you watch.
Superdelegates are going to have to do something.
Smoke-filled rooms or what have you.
They're going to have to do something because they're not going to get enough of a if look at the kind of stuff that's going to go on at their convention.
Have you seen this email that's going around every year for the last 10 years that parodies what will happen at the Democrat convention?
You know, hoist the Soviet flag, pray to whoever, whatever.
All these, that's what this convention has a chance of being break at five o'clock for happy hour or whatever.
I wish I had that thing in front of me because it's a great parody of what a Democrat Party is today and what their convention would be if they were honest.
But this keeps up like this, it's going to be like this.
This is what they're headed for because it's out of the genies out of the bottle now.
I'm putting this radical element of the Democrat Party back in a bottle and hiding it from people.
Not going to let them get away with it.
We've got the debate last night.
We got a Jeremiah Wright stuff.
And the Democrat superdelegates know this.
James in Portland, Maine.
I'm glad you called, sir.
Welcome to the EIB network.
Yeah, thanks, Bush.
Yeah, I actually, just like that other guy, I used to be a Democrat.
It was just the way I was brought up, and everybody was a Democrat, so I was a Democrat, too.
And I've been listening to you most of the time for about 20 years.
And to be honest, I thank you.
Thanks very much.
You know, to be honest, I'm one of your listeners that doesn't really like some of your humor.
You like some of my humor, did you think?
Some of your humor.
Yeah.
Reverend Jackson and some of that stuff and the Magic Negro stuff.
I'm not really down with that stuff.
But as far as the Democratic Party, they don't have any respect for dissenting opinions.
And my opinion on plenty of things is not with the Democratic Party.
That's why I'm an independent.
And I know a lot of people like-minded, like me.
And it's just, it's ridiculous.
People asked me why I voted for George Bush.
And believe me, if I had the chance again, I probably would have just sat that one out.
But I love your humor.
You know what I mean?
But it's like, if you disagree with Democrats on anything, you're a hate monger, which is the furthest thing from the truth.
I love my family.
They're a very intolerant bunch, especially with their own.
Yeah, I was at a NAACP Image Award thing, and my mother was getting an award because she's up there, and she's a great woman.
Where was it?
Where was this meeting?
It was a couple of years ago.
It was at Sable Oaks.
And it wasn't a meeting.
It was like a banquet.
And Hillary gave a speech.
But was it in Maine?
Oh, yeah.
It was in South Portland.
Well, you know, I didn't.
Yeah, she gave a speech, and believe me, it was all a run-up to her running for the presidency.
And every time she would stop talking, everybody was clapping except for, thank God, the one other person in the room that didn't like her was sitting at my table.
And so she got a standing ovation a couple times with this other lady.
She was a black lady.
Was the Reverend Jackson there?
Any of the big timers?
No, it was really Hillary was the only national thing.
Yeah, because mostly it was for the Portland branch of the NAACP and various awards were given out.
But she was there, and it was just like, wow, it's like everybody, you know what?
And I bet you, I guarantee you, 80% of the people that were in that room giving her a stand-in-no, wanting her to run for presidency on Barack Obama's side now.
They don't think.
They don't think.
Amen.
Amen, James.
You are exactly what they don't think.
They're running around feeling quite amazing.
Two calls in a row here from disgruntled Democrats over the Stalinist-like characteristics of the party.
Got to run into the school parking lot and turn the radio down if you're listening to me so your friends don't hear it.
Ex-Democrat in the last case, right?
James is now an independent.
This is Brian in Huntsville, Alabama.
You're next, sir, on the EIB network.
Hi.
Megadittos Rush.
Thank you.
Hey, I called to say two things.
First, thank you.
And second, I knew you were brilliant, but I didn't know today until until today just how brilliant you really were.
I'm sitting there having my lunch.
I've been kind of depressed about this whole election season.
And then I heard you mention a third-party candidate for the Democrats.
And the light went on in my head, and I suddenly became energized.
Not third-party.
Third auction.
Yes.
Excuse me.
And the Democrats won't go anywhere but to a big name if they do it.
And the only big name out there is Al Gore.
If he gets in the race, then he's going to have to debate global warming.
And you, Rush, could destroy the Democratic Party and remove global warming as an acceptable issue.
It's amazing.
If you pull that off, I personally will lead the charge to have your image put up on Mount Rushmore.
Well, thank you, sir, very much.
One of the reasons Al Gore, you know, he will not even let the press into his paid speeches.
He won't.
One of the writers in his contract, when he goes anywhere to make a speech, press not allowed.
Unreal.
Whatever he's telling people, he doesn't want the press to hear it and report on it.
But here's the problem with your theory.
I wish you were right.
One of the reasons Al Gore will not run for any office is he doesn't want to debate global warming because he can't win it.
However, he wouldn't have to debate it with John McCain.
Exactly.
He and McCain are on the ⁇ if there's a page, they're on it together.
I don't think McCain's as radical on global warming as Gore is, but there wouldn't be much of a debate there.
Well, just keep up the good work, Rod.
I am enjoying Operation Chaos more than I've enjoyed anything in years.
Yeah, this has got staying power.
Absolutely.
Operation Chaos has got a long life.
Speaking, by the way, thanks very much.
Speaking of that, there's a directive from headquarters for those of you in North Carolina.
Early voting in North Carolina for the primary there on May 6th starts today.
Early voting, North Carolina, starts today.
I am asking, I am commanding all Operation Chaos operatives in North Carolina, do not vote early.
Do not.
This primary is too volatile.
There's too much effervescence going on here.
This campaign could change on a dime.
You vote now instead of on Election Day on the 6th.
Your vote might not count.
Hold your fire.
You got plenty of time to vote on the actual Election Day, which is the 6th of May.
So Operation Chaos orders some headquarters for those of you operatives.
And I was just as, by the way, for you in North Carolina who are Democrats and not even part of Operation Chaos, I would not vote early.
Your vote may not count.
I mean, who knows?
As volatile as this is, as unsettled as it is, it's a long time between now and May 6th.
You could change your mind three or four times between then.
Now and then.
Be cool.
Plenty of time to vote on Election Day.
Here's the audio soundbite from last night about Obama and the American flag lapel pen.
The question came from Pennsylvania voter Nash McCabe, and it was on videotape.
The question, Senator Obama, I want to know if you believe in the American flag.
I'm not questioning your patriotism, but all our servicemen, policemen, and EMS wear the flag.
I want to know why you don't.
Now, this is what I mean.
The very fact this question has to be asked of somebody running for the presidency, not trying to be the NBC nightly news anchor, but trying to run for the presidency to me tells me the guy's not fit.
If somebody wants to know why don't you wear the American flag, now listen to this inept answer.
Well, look, I revere the American flag, and I would not be running for president if I did not revere this country.
And I am absolutely confident that during the general election, that when I'm in a debate with John McCain, people are not going to be questioning my patriotism.
They are going to be questioning how can you make people's lives a little bit better.
And let me just make one last point on this issue of the flag pin.
As you noted, I wore one yesterday when a veteran handed it to me who himself was disabled and works on behalf of disabled veterans.
I have never said that I don't wear flag pins or refuse to wear flag pins.
Maybe you've never said it, but you don't wear one.
You had to have one thrust at you by an American disabled veteran who asked you to put it on, and you put it on for a day, and then you took it off.
Why, Senator Obama, did you take it off?
Hmm?
What's so hard about saying I love this country?
I wouldn't be running for president if I didn't revere this country.
What the hell is that?
Plenty of people that have run for the presidency of this country don't like it.
Just because you're running for the presidency is not an automatic conclusion that people revere the country and what it stands for.
Let's go to audio soundbite number one.
This is a tax question.
This is just, I mean, it's a godsend.
Charlie Gibson actually asks him about taxes, a capital gains rate, and points out that when the rates cut, the revenue goes up and poor little Barack here is lost.
He said on CNBC, and I quote, I certainly would not go above what existed under Bill Clinton, which was 28%.
It's now 15%.
That's almost a doubling if you went to 28%.
But actually, Bill Clinton in 1997 signed legislation that dropped the capital gains tax to 20%.
And in each instance, when the rate dropped, revenues from the tax increased.
The government took in more money.
And in the 1980s, when the tax was increased to 28%, the revenues went down.
So why raise it at all?
Especially given the fact that 100 million people in this country own stock and would be affected.
Now, when I heard that, I said, this is not something a drive-by journalist knows.
100 million people own stock.
That's not something a drive-by media journalist knows.
A drive-by media journalist has to be told that.
That fact, that figure would not come up in the daily activities of a drive-by journalist.
So he talked to some, somebody got to these guys.
I know Hannity, Hannity, Hannity got to them on Bill Ayers, and they might have read the transcript of CNBC.
That's what Maria Barcheromo said.
Anyway, I was impressed.
Now here's the lame answer.
I would look at raising the capital gains tax for purposes of fairness.
We saw an article today which showed that the top 50 hedge fund managers made $29 billion last year, $29 billion for 50 individuals.
And part of what has happened is that those who are able to work the stock market and amass huge fortunes on capital gains are paying a lower tax rate than their secretaries.
That's not fair.
But history shows that when you drop the capital gains tax, the revenues go up.
Well, that might happen or it might not.
It depends on what's happening on Wall Street and how business is going.
Jeez, this is embarrassing.
The hedge fund guys, they're not even paying cap gains.
This is Warren Buffett's answer.
Warren Buffett's out there saying, I pay a lower tax rate than my secretary pays.
And it's not that he's got guilt over his $43 billion or whatever he is.
He runs around trying to curry social favor with people by talking about raising taxes.
Obama hasn't the slightest clue.
It's about fairness.
I'm not worried about revenue, Charlie.
It's about fairness.
Why, look at these hedge fund guys.
They're making all this money.
We need to take some away from them.
Note that Obama's solution doesn't have anything in it that would actually improve the lives of average people.
He's just out there trying to sandbag average people and thinking that they're going to be made to feel better because he's going to soak the hedge fund people.
The capital gains tax rate has been crucial to generating revenue for Washington and for stimulating economic growth.
And for Obama to say, well, that might happen to mine now depends on what's happening on Wall Street and how business is going.
I'll tell you how it's going to be going.
It's going to be in a tank.
Folks, let me find it.
Let me find this.
I have been saying, and people are going to be getting mad at me, all the grief, all the horror that's taken place since the Democrats took over the Congress.
Here it is.
In 2006, in just one year.
You remember the election in 2006?
A little over one year ago, year and a half now, consumer confidence was a two and a half year high.
Regular gasoline sold for $2.19 a gallon.
The unemployment rate was 4.5%.
Since voting in a Democrat-controlled Congress in 2006, we have seen consumer confidence plummet.
The cost of regular gasoline soar to near $3.50 a gallon.
Unemployment's up to 5%, 10% increase.
American households have seen $2.3 trillion in equity value evaporate because of stock and mutual fund losses.
And Americans have seen their home equity drop by $1.2 trillion.
1% of American homes are in foreclosure.
America wanted change in 2006 and they got it.
And every time I mention this, I get calls from liberals and Democrats.
You can't say that.
You can't just do it because of this.
Hey, none of this was the case until the Democrats got elected.
You Democrats, you libs, you want to try to blame all this economic melee on George W. Bush, but none of this stuff happened until you guys got control of Congress.
Coincidence?
Jury's still out.
But I'll guarantee you, if Obama gets to, if he somehow is elected president and he happens to be working with a Democrat Congress who sees the world and the country the way he sees it, and if they think that capital, we know that Charlie Wrangell wants to raise taxes as fast as he can.
He's chairman of the Wayne's Ways and Means Committee.
We know that every Democrat claims to want to go out and raise taxes on people.
If they do that, they're going to start choking revenue that flows into the Treasury.
They're going to wreck things.
And Obama hasn't the slightest clue.
I mean, McCain admits that he doesn't know much about economics, which is okay because he might be a little malleable on those subjects.
But Obama knows nothing about it but won't admit it.
And Hillary doesn't.
These people are, it's a disaster, folks.
Doomsday option is the only option the superdelegates have.
New candidate.
Much more straight ahead.
We've got Vice President Cheney last night at the Radio TV correspondence dinner who he was hilarious.
He was funnier than the scheduled comedian.
We have that.
And other interesting things, too.
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