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April 29, 2008 - Rush Limbaugh Program
36:35
April 29, 2008, Tuesday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
From our securely fortified headquarters, the EIB's Southern Command.
I am Rush Limbaugh, Commander-in-Chief, United States Operation Chaos, where in Indiana, Democrats are freaking out over the effects of Operation Chaos.
In next Tuesday's primary, we have audio soundbites coming up just for you.
Great to have you here, folks.
Rush Limbaugh at 800-282-2882.
The email address is LRushbo at EIBnet.com.
Before we get to Operation Chaos, I want to start with President Bush's press conference today.
It was basically about oil, basically about energy prices and so forth.
We have a couple of sound bites from the president and then a response, an irresponsible response from New York Senator Chuck Schumer.
Here's the first of two soundbites from President Bush.
Well, actually, let me give you this.
This is an answer to a question.
Let's see.
Mike, now, what did I tell you?
22, 28, no, 21.
Yeah, it is a question from a reporter.
You have said that we need to wait until the first stimulus has taken effect to act again.
But since it was passed, gas prices have gone up, foreclosures have gone up, there have been layoffs.
News just this morning that consumer confidence is down yet again.
Isn't it time to think about doing more?
Would you support a summer moratorium on the federal gas tax?
First of all, the money is just now making it into people's bank accounts.
And I applaud the Speaker and the Leader of the Senate and minority leaders there for working together to get this done.
And now, after a period of time, the money's beginning to arrive.
And we'll see what the effects are.
And we'll look at any idea on terms of energy.
Frank, I'm getting sick and tired here, especially with seven months to go in the presidency.
I'm sick and tired of praising Democrats here.
They're the problem.
They're the problem.
Nancy Pelosi's the problem.
Chuck Schumer's the problem.
It's time to stop praising these people.
There's no point in it.
There's no value in it.
Wendell Gohler of Fox News said, Mr. President, you just said there's not a lot of excess supply of oil out there.
There actually is.
I mean, it's not been brought out of the ground, but we'll get to that in just a second.
You know, I just, he said some energy experts think that we may have already passed or be within a couple of years of passing the maximum oil pumping capability.
In other words, we may be close to tapping all we've got.
Folks, that is not true.
I'm just here to tell you that is not true and stand by for the details on that.
Mr. President, do you think that's the case?
And if you do, why haven't you put more resources into renewable energy research, sir?
Well, there are reserves to be found in Anwar.
That's a given.
You know, I just told you that there's about 27 million gallons of diesel and gasoline that could be from domestically produced crude oil that's not being utilized.
And not only that, we can explore in environmentally friendly ways.
This is a litmus test issue for many in Congress.
Somehow, if you mention Anwar, it means you don't care about the environment.
Well, I'm hoping now people, when they say Anwar, means you don't care about the gasoline prices that people are paying.
So Chuck Schumer today said the following about Anwar.
What does the president do?
He takes out the old saw of Anwar.
Anwar wouldn't produce a drop of oil in 10 years, and it's estimated that if they drilled in Anwar in 20 years, it would reduce the price one penny.
We've been pushing for a long time for energy efficiency.
We believe in a price gouging bill.
Stop the tape a minute.
Stop.
I want you to recue this.
I want you that the important thing about this bite is not what he says about Anwar, because I'm going to nuke that here in a minute.
What you're going to hear Chuck Schumer say here is the Democrat solution to the price we are paying for gasoline, the Democrat solution for the problem of supply, the Democrat solution for energy altogether.
After he talks about the old saw of Anwar, he'll get into what the Democrats really believe, and that's what I want you to pay attention to.
What does the president do?
He takes out the old saw of Anwar.
Anwar wouldn't produce a drop of oil in 10 years, and it's estimated that if they drilled in Anwar in 20 years, it would reduce the price one penny.
Now, we've been pushing for a long time for energy efficiency.
We believe in a price gouging bill so that the big oil companies can't collude.
We believe that there's too much speculation in the markets, and we believe that ought to be reined in.
Nothing that he just said would produce an additional drop or however you wish to measure it of energy.
Not one thing.
We've been pushing a long time for energy efficiency.
Mr. Schumer, Nancy Pelosi and her buddies in the House of Representatives after winning the House in 2006 had this program called Six for 2006.
Six things are going to get done.
One of them was lowering gas prices.
We haven't seen their plan.
The Republicans in Congress last week asked for their plan.
They don't have a plan.
There isn't anything Congress can do.
You can have a windfall profits tax.
You can do oil.
It's not going to put, it's not going to have an effect on the supply.
It's not going to have an effect on the price.
It's just going to go after and punish big oil.
Yep, yep.
I mean, you may feel like doing that, but it's not going to help you to pump.
A price gouging bill so that big oil companies can't collude?
Are you going to include in this OPEC?
Are you going to include Cesar or Hugo Chavez in this?
Are you going to include all of these producers that are not big oil?
What's this going to accomplish anyway?
Too much speculation in the markets?
You guys have got a plan to start messing around with the commodities markets?
Yeah, we do want to hear this.
He then later said he attacked the president.
The president said he was open to the idea of a gasoline and diesel tax holiday during the summer driving season, such as from Memorial Day to Labor Day.
President said he was open to that.
McCain says he's open to it.
Hillary says she's open to it.
Obama says he's not open to it, even though he supported it in Illinois.
Hillary, however, this is the thing that just frosted me.
There's Chuck Schumer up there saying, we're for it too, but we think big oil ought to pay for it.
Mr. Schumer, Senator Schumer, one of the big problems that you Democrats have with a lot of people in this country is that this government's out of control.
Can we talk about windfall government profits, Senator?
You guys never do it less.
You are siphoning $3 trillion a year from the American taxpayer.
And you won't give back 18.4 cents per gallon of it for three months unless big oil pays for it.
And you have the audacity, Senator, to say the president doesn't care about the average American's pocketbook.
You go tell big oil to reduce their prices 18.4%.
And if you're able to do that, then you go tell everybody to lower their prices on what you think they ought to be.
If you guys really think you can manipulate the market that way, the federal gasoline tax is a federal tax.
If you eliminate the federal gasoline tax, Senator, you eliminate revenue to the federal government.
It's about time you guys learned to deal with less up there, like all of us have had to learn to deal with less during these economic cycles.
This is insulting.
It is outrageous.
And it is indicative, ladies and gentlemen, the Democrats don't give a rat's rear end about helping you out economically any more than the oil companies do.
They are in it for a political power play.
They got re-elected.
They love the economy being in the circumstance it's in.
They love prices being high because they think that's going to make you mad at existing administration, the Republicans.
But there's also a problem, Senator Schumer.
You guys run Congress.
And the American people know it.
And by the time we're through with you today, Senator Schumer, everybody's going to have heard what you said about all of this.
Big oil should pay for the gas tax holiday.
He also said something else, and you heard him in that soundbite.
He said it would be 10 years before a drop of oil came from ANWAR.
Senator Schumer, who first vetoed NWAR?
It was Bill Clinton.
Had we been drilling in ANWAR when it was first proposed back in 1994, guess what?
We'd be 14 years into it and we would have that supply.
And every little bit counts.
Every little bit hurts.
It certainly would not pose a problem by drilling in NWAR.
There are four horses.
You know, the old story of the four horses, four horsemen of the acax.
The four horsemen of the energy apocalypse, I'm going to tell you who they are.
Bill Clinton, he vetoed ANWAR, and he did everything he could as the leader of the Democrat Party to prevent any new exploration, discovery, and drilling of oil within the continental United States or Alaska.
Mario Cuomo is the second of the four horsemen of the energy apocalypse.
He shut down the nuclear plant in New York State.
It was ready to go on just a total waste of money.
Ready to go online.
He shut it down.
The third member of the four horsemen of the energy apocalypse is Jane Fonda.
The movie, The China Syndrome, is the single reason we don't have nuclear power because of a scare tactic movie about a meltdown at a nuclear plant.
That's why we don't have nuclear power here.
And I might also say you could, the third member or the fourth member of the four horsemen of the energy apocalypse, up for grabs.
You could throw John Muir in there, founded the Sierra Club.
But I rather would put Al Gore in there.
I would rather make Al Gore the fourth member of the Four Horsemen of the Energy Apocalypse.
This is the man who warned us the average temperature in the next 100 years will go up one degree or go down one degree.
This is a man who broke the tie vote on ethanol that has seen rising food prices, food shortages.
It's gotten to the point now where even Prime Minister Brown in the UK said, we got to stop this.
We got to roll it back.
Kay Bailey Hutchison, Texas Senator, is writing, I've written a piece, Investors Business Daily.
We have to do so.
We have to freeze current levels that require ethanol and gasoline.
This is an unintended consequence.
Exactly right.
Unintended consequences always are what we end up when liberals prevail in their policy ideas.
Folks, this is very simple.
We as the American people need to decide whether we want lower gas prices or whether we want to keep oil deposits off limits because we can't do both.
I have tried.
I have talked till I'm blue in the face.
There is nothing out there to replace oil.
Nothing imminent.
Nothing on the horizon.
Nothing for decades to replace oil.
It isn't there.
It is being worked on.
That's what happens in a free market.
There are all these little inventors and so forth.
They're playing around in their basements in their laboratories, and they're working on these things.
But it isn't going to be wind power.
It isn't going to be solar.
It isn't going to be batteries.
Whatever it is, probably someday, you know what it's going to be is water.
But that will, yeah.
Screw that.
I'm talking about seawater.
We're never going to have a shortage of seawater.
I'm telling you, somewhere down the road, this is what's going to happen.
They're going to find a way.
Somebody will, as long as someplace on this earth remains free enough to allow that kind of invention and experimentation and so forth and so on.
There's nothing to replace oil.
It is not there.
Oil is not filthy.
It is not dirty.
It is not in and of itself a pollutant.
It is the fuel of the energy and the engine of freedom, pure and simple.
Now, if you want lower gasoline prices, you're going to have to accept the fact that we need more oil.
We're going to have to drill for it.
We're going to have to bring it up.
We're going to have to refine it.
You cannot have both.
If you want prices lower, there has to be more supply.
Chuck Schumer and his energy efficiency ideas and his wind profits tax and his gouging bill, zilch zero nada effect.
Nothing.
It's embarrassing to listen to him speak about this.
I am tired of having my intelligence insulted by these wacko Democrats who screw up everything they touch.
We have it in Anwar.
It's probably going to be available from some mosquito-infested peat bog somewhere.
We've got it in North Dakota.
Talking about all.
We have it in the Gulf of Mexico.
You got China and India growing rapidly, folks.
The supply has to grow in proportion, or these prices are going to keep rising.
The only people getting what they want out of this are the environmentalist wackos.
They are the only people happy about this.
Have you seen these stories, these scaremongering, fear-oriented stories?
Some people predicting $200 a barrel per oil.
Somebody out there saying $10 a gallon gasoline.
Now let's not get carried away here and pile on the panic.
But for heaven's sake, can we look at the real world, not at the windmill wackos and how they would like us to see the real world?
Let me give you some reality.
And this is from Bloomberg.
Brazil may be pumping several million barrels of crude daily by 2020, vaulting that nation into the ranks of the world's seven biggest producers.
Several million barrels of crude daily by 2020.
They're talking about pumping oil 12 years from now, folks?
12 years?
How can that be if we're running out?
That stupid question that Bush got about.
We're reaching our peak.
Asinine.
Absolute BS.
Undiluted, pure, stinky BS.
They're pumping billions of dollars into developing the Caspian Sea for oil 20 years from now.
We are not running out.
Do we have the courage to go get it?
Are we going to sacrifice freedom and manageable prices for the agenda of the far-left environmentalist wackos who have willing accomplices in the United States Congress in the name of Nancy Pelosi, Harry Reid, Chuck Schumer, and every damn one of them?
I am sorry to yell, but I watched this this morning and it's just there is such an absence of common sense here.
You don't want to drill?
Fine.
You don't want to refine?
Okay.
You don't want nuclear?
Okay, good.
You want to wait for wind and solar?
And you're willing to wait for it?
Fine and dandy.
You're willing to put your money where your mouth is?
You're going to be doing that at the pump.
If you want to wait for wind, if you want to wait for any alternative, if you want to wait for nuclear, you go right ahead.
You're paying for it every time you drive up to the pump.
Wake up, people.
Stand by Audio Soundway 26.
Don't misunderstand me, ladies and gentlemen.
I'm all for conservation.
I'm all for not wasting things.
I do that in my daily life.
However, conservation does not equal growth.
We can conserve all we want, and that's not going to produce anymore.
And whatever we save by conserving is minuscule, especially with other countries out there developing and growing.
There's no question what has to be done here.
There's none.
And once again, the people standing in the way of the growth and progress and prosperity of this country are your favorite, you can count on them every damn time, liberal Democrats.
Here's more from Senator Schumer today in his press conference following the president's Rose Garden press conference.
Shell and BP announced record profits for the first quarter in 2008.
Shell earned $9 billion, BP earned $7.6 billion.
And we ask to know on whose side is the president, which side is he on.
You can't be on both.
You can't be both for big oil and for lower prices.
And we believe that things have to change.
Some have argued for a gas tax holiday, but they don't want the oil companies to pay for it.
And that means we won't build our highways.
We believe that there ought to be a gas tax holiday, but big oil ought to pay for it.
Take some of the money out of the royalties.
Take some of the money out of the windfall profits and reduce that gas tax.
It's that simple.
This is so dangerously asinine, stupid, and ignorant.
In the first place, all of you need to understand.
I don't mean to sound preachy here, but this is just, this just gets frustrating to me because I know the impact of high prices caused people to just, I don't care how it gets down, Rush, I want the price come down.
I don't care how it happens.
I understand that.
But you need to care because it has long-term effects how you do it.
The idea that we are going to take big oil and make them pay for this rather than the government, the government's profit last year was $3 trillion.
And it's your money.
And they took it from you.
And they don't do a damn thing to earn it.
They're sitting around.
They are nothing more than panhandlers that are wiping your windshield and demanding 35% of what you make for the privilege.
Our precious infrastructure will fuffer theft Senator Thumer with a gas tax holiday.
Our infrastructure is suffering anyway because liberals don't know how to manage all the money they've got now.
And we're not going to build one damn new bridge.
We're not going to build one damn new road with the money that would be saved from this gas tax holiday.
Another little added benefit of high prices.
I know it's not good, but at some point these prices will make getting oil tough to get profitable, meaning there's even more going to be found.
A man, a living legend, a way of life, a Nobel Peace Prize nominee, a prophet, national treasure.
Here on the Excellence in Broadcasting Network, one more oil item, and then we're going to get into Operation Chaos.
There's a story in the New York Times today, oil price rise fails to open tap.
Now, one of the theories behind rising prices, or one of the theories of the benefits of rising prices, is that oil and shale and in other hard-to-get places will become more profitable and therefore more likely that people that do this for a living will go out and get it.
And the New York Times story here laments that this isn't happening and that the economists are totally concerned and confused by why the laws here aren't being followed, economic laws.
Let me see if I can help the New York Times.
As oil prices soared to record levels in recent years, basic economics suggested that consumption would fall and supplies would rise as producers drilled for more oil.
But as prices flirt with $120 a barrel, many energy experts are becoming worried that neither seems to be happening.
Higher prices have done little to suppress global demand or attract new production, and the resulting mismatch has sent oil prices even higher.
And this has translated into more pain at the pump.
A central reason that oil supplies are not rising much is that major producers outside the OPEC cartel like Russia, Mexico, and Norway are showing troubling signs of sluggishness.
Unlike OPEC, whose goal is to regulate the supply of oil to keep prices up, these countries are the free traders of the oil market with every incentive to produce flat out at a time of high prices.
But for a variety of reasons, stick with me on this.
For a variety of reasons, including sharply higher drilling costs and a rise of nationalistic policies that restrict foreign investment, these countries are failing to increase their output.
They seem stuck at about 50 million barrels of oil a day or 60% of the world's oil supplies with few prospects for growth.
Well, I think the key here is nationalistic policies, a rise of nationalistic policies that restrict foreign investment.
Can I translate that for you?
Communist, socialist countries nationalizing their oil businesses, kicking out the experts, the oil companies, in drilling, producing, and refining.
Can I mention Hugo Chavez?
Hugo Chavez just nationalized all the oil in Venezuela.
He kicked out the oil companies.
The oil companies say, fine, screw you.
No reason to be in business with you.
There's no profit here.
You're on your own, pal.
So he makes contracts with other oil companies and they just work on like employees, a little percentage of things.
And so output is restricted.
Whenever you want to find an interruption and something that doesn't make sense in economics and the laws of supply and demand, I guarantee at somewhere at the root level of it, you're going to find a liberal or a socialist or a communist attempting to manage the market or steal all the profits for him or herself and for his little country, meaning for him or herself, using it as a weapon.
It's no wonder that Norway and Mexico and Russia's got its own political upheavals going on right now.
They've got their own political problems too.
So what it boils down to here is there's not a shortage of oil.
There's so much out there.
It's incredible.
There's a shortage of production.
And guess what?
The Chuck Schumers of the world have targeted the producers as the enemy who have got to be taxed into oblivion, who've got to be punished, who've got to be brought up to Congress every now and then and made to sit in front of these blowhards explaining themselves.
As I have always said, ladies and gentlemen, it seems to me that what ought to happen is that big oil CEOs ought to convene their own hearings and bring up the people like Chuck Schumer, Harry Reed, Nancy Pelosi.
Sit them down to point a finger at them, say, what the hell are you doing getting in the way of the way we run our business?
What are you doing impeding our output and production?
I'm telling you, when you find laws of supply and demand interrupted and not making sense, somewhere in the mix, you're going to find a bunch of liberals.
Think they can do it better or just want control of it for the hell of it.
Let me grab a couple phone calls on this because when I go to Operation Chaos, I don't want to come back to this because Operation Chaos is big today.
So let me grab some phone calls on the oil business here.
We'll start in Purim, Minnesota.
This is Keith.
Nice to have you, sir.
Welcome to the EIB Network.
Thank you, Professor.
As I recall, and correct me if I'm wrong, but late 90s, early 2000s, the Liberal Democrats thought we were paying too little for gas.
Yeah, I remember they always have said that, in fact, my lifetime, they've always lamented that the British are paying far more than we.
It's not fair.
Our prices should go up.
Now they've gone up.
Same people in four high prices now take advantage of this to start making political points, trying to score political points.
Look at the only people winning in this environmentalist wackos.
They're getting everything they want.
They're getting their ethanol.
They're getting high gasoline prices.
They're getting the notion that we're running out of oil.
And now people are going to have to get rid of toilet paper, start using tree leaves after they use the bathroom.
This is where they're headed.
This is what they want.
They want to take us back some Stone Age type life.
They're the only ones getting what they want.
They're standing in the way of progress like the communists used to do in their own countries.
There's no question about it here.
If you want the gasoline price to come down, you have got to become the biggest supporter and friend of oil there is.
That's the only way.
You're not going to bring the oil price down, the gas price down by letting Chuck Schumer have free reign with legislation.
You're not going to do it with conservation bills.
You're not going to do it with windfall profits taxes.
You're not going to do it with big oil being forced to pay for a tax holiday on the federal.
That's the stupidest, that's the silliest, stupidest idea I have ever heard of.
Let's see.
Rick in Decatur, Illinois, nice to have you, sir.
Welcome to the EIB Network.
Thank you, Mr. Limbaugh.
I would just like to say that you apologized earlier for something that you had no need to apologize for when you was raising your voice about this.
Your voice is being heard loud and clear, and it's about time that somebody raises their voice loud enough for the left side to understand that they are absolutely the demise of this country, and you are the prophets you say you are, sir.
I hope you continue this forever, and I absolutely appreciate you taking my call because I've wanted to talk to you for 100 years, sir.
Well, thank you.
I know you're that old.
You don't sound that old.
Well, not quite.
Not quite.
I hope you make it.
I certainly do.
And like I say, I'm going to subscribe to your website just because I've listened all these years, and I know that I'm missing things that I need to know, and you're the one to tell us.
Well, I appreciate that.
I really do.
Sometimes I wonder if I lose effectiveness out there, Rick, by raising my voice.
Because I don't want to be, I don't want to be, oh, there goes Limbaugh on a rant again, and people not listen to it.
But the passion is what dictates it.
So I'm happy to hear that it was an unnecessary and unneeded apology.
Jim, in Mannheim, Pennsylvania, you're next to the EIB network.
Hello.
Hi.
Hi, Russia.
Mega Dittos.
Thank you, sir.
Hey, you really hit my hot button when you talked about Cuomo and the nuclear power plants on Long Island.
I was the Nuclear Regulatory Commission's project manager for both of the plants that were there.
And I went through thick and thin in the licensing process.
And I'm telling you, they had the one plant was in operation.
It got up to well over 1% power.
My memory is fading.
Which plant was it?
That was Shoreham.
That was short.
And the one that was shut down was?
Well, that's the one they shut down.
They made them drill holes in the reaction.
They made them drill holes in the reactor vessels so it could never be used again.
And it was the first plant that had been built under the new Environmental Protection Agency regulations, and it took them years.
It cost them well over a billion dollars.
Right, just wrote it off.
Yep.
Your state government led by Mario the Pious.
Yes.
Drilling holes in it, throwing a billion dollars.
Make Mario Cuomo pick up.
And they also had another gas tax holiday cost.
Yeah, and they also had another one further out on the island.
Actually, two they had construction permits for that they paid, which were exact copies of one in Connecticut.
The regulatory commission had a deal that if you copied one, you could get through faster.
Well, that fell apart when they said, well, we didn't do a very good job when we built the first one, so we're going to make you do a lot more things.
And the utility said, forget it.
So they scrapped that.
That island could have had 3,000 megawatts of nuclear power operating.
And one of the funny things on the Shoreham plant was they made a redesigned canal that takes water in because the submarines used to test torpedoes.
They were afraid one of them would go up the canal and blow it up.
I get you know.
The Navy.
The Navy would fire torpedoes on a Shoreham nuclear plant.
Yes, right.
And then another one was on the discharge of the water going out.
They didn't like the conventional way of just dumping it.
They made them put huge pipes with holes in it like a huge sprinkler system underwater so the fishes wouldn't get harmed.
I mean, I could go on and on.
I know, I know that the problem is there's no public outcry over any of this.
No, I'll tell you why.
People don't.
Let me think I'm overemphasizing this, but you cannot, you cannot underestimate the impact the movie, The China Syndrome, had on the public.
Oh, I know.
Oh, I was the government expert testifying in front of all the public there on the island for both of those plants.
And going through all the crazy schemes.
I had an attorney got so mad because I can't tell you the whole thing because it would take too long.
Let him down the garden path asking wrong questions.
He came up to the table and pounded his fist in front of my nose.
Because you were answering the wrong questions?
Oh, no, I answered his questions, but they were asking.
And it went on for a whole hour until the licensing board caught it finally.
And I sat there and laughed my ass off.
But I'll tell you, it was an absolute disaster.
It still is.
We've got the same kind of thinking, stopping the building or expansion of refineries.
Look, it's very simple to say.
The people that demand us to be energy independent are the very ones standing in the way of it.
It's just that simple.
You know, you people, you go out there, you can change your light bulbs all you want.
Ain't going to bring the price of gasoline down.
It's not going to save the plant.
It's not going to do anything.
You can go out and drive your hybrids.
Find a dandy, feel good, be happy.
Ain't going to make a difference in anything.
Jack Sprat.
It ain't going to make a difference.
You people realize how close I have been to profane profanity today.
It is time to go to commercial break.
I am this wound up.
See, as long as we're talking about windfall profits, and by the way, I understand that this is going to anger some of the supporters of this program, some of our good friends out there in farm country.
But you know, the corn farmers of this country, do you think they're experiencing windfall profits right now?
Not only are the corn farmers experiencing windfall profits, they are getting subsidies.
They are being subsidized while making windfall profits.
Senator Schumer should perhaps we have windfall profits taxes and gouging taxes on corn farmers.
I'll tell you, Rachel Carson, the lunatic that succeeded in banning DDT, led to the death of millions of Africans because of malaria.
50 or 15, how many?
50 million people worldwide have died from malaria and other related diseases thanks to good old Rachel Carson, who's a Democrat and liberal icon for banning DDT.
And you know what?
We're close to having people die from starvation around the world because of the cost of food.
And that's via ethanol.
And that's via taking corn products and other agricultural products out of the food chain and converting them to energy and then subsidizing the people that do it.
I know every time I bring this up, I get calls from Republicans in Iowa and other places who are in the corn business.
And do you understand where Republicans get their votes?
Yes, I understand that totally, but I just want to be consistent here.
If we're going to have windfall profits taxes on big oil, it's windfall profits taxes on big corn because they're also being subsidized.
By the way, you guys in the corn business, you know, big oil's prices have gone up.
Everybody's transportation costs are higher.
I'm sure chicken feed's not chicken feed anymore.
You know, it used to be, yeah, that's chicken feed.
Chicken feed's gone up.
Everything's gone.
So it's costing you more to produce that corn.
And then after the corn's produced, you know, that's what makes chicken feed, a lot of other things.
It's an endless cycle here.
But with the subsidies that the corn farmers are getting, they may not notice the high transportation costs and fuel costs.
I'm not trying to make, seriously, those of you in the corn business mad, I'm trying to illustrate a point here.
That we're targeting big oil because it's a favorite target of the Democrat Party.
And those of you in big corn don't think you're immune from this.
If the Democrats, if the liberals in this country ever get it in their heads that there is a political gain to be made by demonizing you guys, they are going to do it.
They demonize every successful capitalist enterprise in this country, from retail to big drug to big tobacco to big oil, you name it, they demonize it.
If this were a sane political world, the Democrats would not get more than 10 or 15% of, well, that's not true because hell half the country's dependent on them.
See, that's the frustrating thing.
I was going to use another word there.
Here's Pat in Long Island.
Pat, welcome to the EIB network.
Hello.
Oh, Rush, this is Pat.
Yes.
And I'm calling you because I have a wonderful article from 1918 from National Geographic talking about the world shortage of oil and how we were going to produce its replacement with shale.
1918, huh?
Pat, can you tell me when was all discovered?
People don't realize how really nice.
I know it was discovered in Pennsylvania in the 1840s or something.
That's right.
Oil, the oil business, is still relatively a new business.
Right.
It's not old at all.
This is why some people wanna, how can oil be responsible for global warming when we didn't bring it out of the ground at all until 1840?
We've had ice ages.
We've had, hell, it's been so hot out there.
Sometimes the polar bears are sweating.
So all without any oil coming out of the ground.
Pat, I appreciate the call.
I got one time for one more before we have to go into Manhattan.
This is Ralph next up.
You are.
Welcome to the program.
Hey, Rush, always a pleasure.
Listen, you know what?
I want to thank you personally for amping up your voice because you know what people out there mistake anger for passion all the time.
I got into a heated exchange on the same subject the other day.
Guy was telling me Republicans are to blame because they let the oil companies go unchecked and they let the speculators run while they told them, listen, besides not letting us drill, not letting us build nuclear power, not letting us build refineries.
I said, how could you pop?
And listen, I make $36,000 a year.
I said, listen, how could you blame the Republicans?
I said, oversight is not the answer.
He said, well, what about the speculators?
I said, well, is it any coincidence that oil prices went up after the Democrats took the House and Senate?
Don't you think Naked is doing it?
They don't like the speculators.
Let's start a new speculation market.
And that is just how ruinous is the country going to become if Democrats are elected to the White House.
Let's start speculating on that and sell prices on that.
Yeah, I just love beavers.
I just do.
There's a picture of a beaver up there and doing a damn thing there up in Fox.
Cute little.
I know they're rodents, but I think those beavers are cute.
Anyway, Operation Chaos.
Tumult added to chaos in Indiana.
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