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Sept. 16, 2008 - Rush Limbaugh Program
36:41
September 16, 2008, Tuesday, Hour #2
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Welcome, ladies and gentlemen.
I am Rush Limbaugh, the old-knowing, all caring, old sensing, old feeling, all concerned Maha Rushi.
America's real anchor man, America's truth detector and doctor of democracy.
Great to be with you.
Telephone numbers 800-282-2882.
We'll get to your phone calls El Quico in this hour.
I am focusing on this economic turmoil for a host of reasons, but number one is it's a sitting duck issue for the Republicans, just as energy is, just as global warming is all of these liberal cliche issues are sitting duck issues just to be swatted out of the park.
Democrats created this mess that exists in the mortgage crisis, the housing prices, and by the way, folks, let me make one thing abundantly clear.
It is not entirely fair to simply blame this whole thing on the fact that people who could not afford mortgages were nevertheless lent money.
Once the price of money got to be very cheap, once they started making loans to people who could never pay them back, this spread throughout the whole housing market, and what was the result?
They had just inflated housing prices through the roof.
We all remember the stories of investors buying houses, three and four at a time and flipping them, never living in them, never moving into them.
Lots of these foreclosures are homes that have never been lived in.
People were not thrown out on the street.
They were investors and they got out because they got caught on the flip when all of a sudden this started to correct itself.
So this well-intentioned, and I'm not even going to say that.
I mean, I don't know if you want to give Clinton and his cronies the benefit of the doubt to say their intentions were honorable here.
This was nothing other than buying votes.
This was nothing other than expanding the size of the government and getting it involved in every aspect of the private sector as possible.
That's what Bill Clinton was about.
That's what Robert Rubin was about.
That's what Jamie Gorellick was about, and they succeeded.
So I don't even I don't even cut them any slack and say this is all done with a benevolence.
This was done selfishly as liberals do everything.
They use everything every power they can to entrench government more and more into the private sector each and every day.
So all kinds of turmoil.
From this from the from the instruction from the Clinton people to go ahead and loan money to people who could never pay it back.
Now we've got.
Now we've got Obama, who doesn't have a clue, trust me.
In terms of education, in terms of understanding, he doesn't have a clue what this is really all about.
All he can do is go out and mouth sentences written for him by David Axelrod on his teleprompter, demanding new regulation, re-regulation, more punishment for the people on Wall Street who screwed all this up.
In the meantime, totally exonerating those who had every role, every every bit of responsibility in this.
I tell you, Obama's a sitting just as when he went to San Francisco for that private fundraiser and came out with the bitter clingers comment.
So he's doing it again.
Let's examine how Obama is behaving, this man of the people, the Messiah, the man who has the hopes and dreams of the American people in his hands.
While you are suffering, while you are worried because of all the tumult in the media about this, and with legitimate concerns, what happens to your money if it's at Lehman?
And now they're talking about AIG, the insurance giant.
What AIG is my insurer.
For the record, I'm not worried.
Just though you know, AIG is my insurance.
The media is obsessed with it.
What's going to happen with AIG?
I tell you what's going to happen with AIG.
CNBC.
Government money now on the table for AIG.
So you folks are going to be buying my insurance.
How do you feel about that?
Not directly, not directly, but I don't know how else to put it.
Government, the treasury is open for AIG.
That means your tax dollars are open for AIG.
Which is a massive insurance company, does some other things as well.
You know, I'm I when I tell you I'm not worried, it's not because I know the government's going to take over.
It's because I know that I'm going to be okay, as we all are.
Remember the savings and loan mess?
We came out of that, didn't we?
We've come out of a lot of messes.
We even came out of the Great Depression, and they're talking about another one, a great depression.
How many of you live through the Great Depression?
How many of you know what it was?
When the drive-by media starts talking about we're when Obama starts talking about we're on the threshold of a depression, what does that mean to you?
Well, let me describe the Great Depression for you, because my grandparents and parents lived through it, and they never let me forget it.
In fact, it was the formative experience of my father and mother's lives.
And they raised my brother and me in ways that they hoped would prevent us from ever being affected by the next one, which there hasn't been a next one.
And that was why my dad was so insistent that I get a college degree.
Of course, the educational aspects meant a lot to him too, but back then, if you didn't, if from 1929 forward, if you didn't have a college degree, you were SOL.
You didn't have a prayer unless you're an entrepreneur willing to take risks and so forth.
But if you were the employee mindset, you so he kept pushing this at me, and I said, Dad, I don't I don't want to go to college.
I hate school, I despise it, feel like I'm in prison, I'm smarter than the teachers, and you always side with the teachers, and I want to get out of there.
I know what I want to do, and I look out the window and I see the bread truck go by, wish I was driving the bread truck.
At least I wouldn't be in prison.
So I eventually had my way, but he, until five or six years before he died, thought he was a failure as a father because I didn't get a college degree because of how bad the Great Depression was.
Try 35% unemployment.
Try real soup lines.
Try Americans really starving.
But even during the Great Depression, guess what?
We built the Empire State Building, we built the Hoover Dam, and we built both bridges in San Francisco.
We came out of it.
Now, while all this talk about the Great Depression is going on, led, of course, by the Obama forces, what is Obama doing?
Well, Obama's close to raising 400 million dollars.
An all-time record.
What depression?
What recession?
What bad economy?
Who is the candidate of the rich?
400 million dollars from individual Americans.
His running mate, Joe Biden's son, was a Washington lobbyist.
Who they just asked to leave, by the way.
Do you know that Joe Biden's son was one of the biggest recipients of money from Fannie Mae and Freddie Mack?
Well, Biden was, not his son.
Biden, I'd have the list of people here who received campaign contributions.
What's funny?
You're distracting me.
I haven't what have I said that's funny in there?
Hmm?
Mm-hmm.
Oh, jeez, Dawn.
Oh, this is too funny.
Okay, so when I said Obama's close to raising 400 million dollars, Dawn's in there saying, now that's that's eight million, uh, that's eight years worth of work for some people.
Now, Don, that's really unfair of you because I'm not asking people to give me anything.
Obama's running around with his handout.
He's running around with his hand out, producing nothing.
And people are filling up his hand to the tune of 400 million dollars in a near depression economy.
His running mate's son was a Washington lobbyist.
Biden was one of the biggest recipients of money from Fannie Mae and Freddie Mack.
His advisor Jim Johnson made tens of millions dollars from Freddie from Fannie Mae.
And he claims to represent the middle class, and he claims this is an example of Republican and capitalism flaws.
This is a sitting duck.
And Franklin Rains made close to 100 million dollars from Fannie Mae, and he's on Obama's economic advisor team.
Let me tell you the dirty little secret here, folks.
Barack Obama believes in getting Rich.
And he's done it.
Do you know when he did it?
When did Barack Obama get rich?
During the Bush years.
And what's he out there saying on the campaign trail about the Bush years?
That all hell's broken out, that nobody's had any chance economically.
Barack Obama didn't have.
What was it?
In 1996 at the Democrat convention, he couldn't even get a credential, had to take a cab home from LA to Chicago, didn't have any money.
Four years later, Bush gets elected.
Now Obama's got two autobiographies, which I refuse to believe he wrote.
There is more information in the stack today about abject lies in his books.
One of them has to do with the fact that one of the most touching moments for him was when he saw astronauts land coming back from the moon or from space and get on and come back come back home.
He watched it in person with one of his family members.
And in the book, he writes that whoever he was an uncle or father, grandfather, who knows that this family's all over the world.
I don't know which one it was.
He claims that the adult family member he was with got a tear in his eye and said, America, we can do anything.
Now people have looked this up.
Obama was in either Hawaii or Indonesia when the three possible space shots landed during the time frame he gave them.
They were the two of them that were closest to Hawaii were hundreds of miles away.
He couldn't have seen them.
The third one was a Russian Soyuz.
That was also hundreds of miles away.
They were Apollo missions.
He doesn't specify which Apollo mission that he saw, that he was there when the astronaut.
The astronauts were put on quarantine buses on the aircraft carriers.
There weren't any parades until long after.
I think the only crew, there are only two crews that got parades anyway.
I forget Apollo, which one was the one that held a problem up there and it had to come at 11 or 13, I guess.
The point is, there are people looking into this now because A, these books are written in a way that an utterly competent professional would write.
And he's written two of them, and he hasn't lived a life long enough to fill two chapters, being honest about what he's done.
So the guy is a fraud.
He's a fraud from day one.
These books were written specifically for this moment.
A presidential run to hide and disguise who Barack Obama really is.
Barack Obama believes in getting rich.
He believes his running mate's son should get rich.
He believes his Democrat friends should get rich.
He just doesn't think anybody else should be able to make any money, and in fact, wants you to think you have no choice, no chance to make any money because the Republicans are screwing you out of everything because of their tax cuts for the rich.
We'll be back.
By the way, uh let me clarify one thing.
The uh, because it's in both places.
What I was just talking about with Obama and his uh uh astronaut dealy, that was uh the the confusion is from his video at the Democrat National Convention.
In the book, Dreams of my father's or father.
One of my earliest memories is of sitting on my grandfather's shoulders as the astronauts in one of the Apollo missions arrived at Hickham Air Force Base after a successful splashdown.
I remember the astronauts in aviator glasses as being far away, barely visible through the portal of a portal of an isolation chamber, but Gramps would always swear that one of the astronauts waved just at me and then I waved back.
It was part of the story he told himself.
With his black son-in-law and his brown grandson, Gramps had entered the space age.
Now the video describes entirely different circumstance and doesn't specify which Apollo mission, just like this one doesn't.
If I mean, if it really happened, if it's Apollo 13, you say it's Apollo 13 or Apollo 11.
Or Apollo 12.
Now, now the the the account of it from his book from Dreams of his father might be true from this distance looking through the porthole of the of the uh isolation chamber, but the video at his convention portrayed this in far more detail and in it with which uh, you know a lot more confusion as uh as as well.
Now, here's, you know, again, stick with me on this.
We're gonna move on to Trooper Gate, and I've got a lot of other things I want to get to here, plus your phone calls, but just one other thing here on this sitting duck of an economic issue that's been handed to the Republicans now.
Why hasn't Obama called for a criminal investigation of Freddie Mack and Fannie Mae?
Because he can't, because two members of his economic advisor team would be brought up.
Why hasn't Obama demanded congressional hearings with testimony from Jim Johnson?
Franklin Reigns, Jamie Garellick.
Why hasn't Obama demanded that Johnson Reigns and Gorellic return the tens of millions of dollars they received from these institutions to the shareholders?
And why doesn't he demand a special prosecutor investigate these people?
Why doesn't Obama criticize Chris Dodd and Barney Frank for blocking earlier reforms of these companies, including those proposed by the Bush administration and congressional Republicans?
I'll tell you why.
I will answer the question myself, because Obama will not allow facts and evidence to interfere with his leftist ideology of more government, with his political pursuit of the presidency and his desire to trample all over private property.
But this is this is why this is a gold mine.
The McCain campaign has got to at some point figure out that they can't just rely on Sarah Palin's connection with the American people.
They are running against Obama, and they got to go out there, and Obama's a Democrat.
They're running against Democrats.
McCain's out there talking about wanting to, you know, conduct an investigation into what happened, and that's good.
They'll keep it up.
But it isn't hard.
And it isn't incorrect to focus on the real culprits in this thing.
Now, Trooper Gate.
Touched on it just a little bit earlier.
Here is an AP headline.
John McCain campaign tries to quell Trooper Gate.
It's by Gene Johnson.
No, Gene.
You are a complicit member of distortion and lies in the drive-by media.
The headline is McCain tries to get truth out about bogus trooper gate.
In fact, it's not even Trooper Gate.
We ought to call it Tasergate.
It's Tasergate.
John McCain try tries to quell Trooper Gate.
Sarah Palin has issued a response to all of this, this investigation of Tasergate.
She released internal memos that show that Walt Monaghan got fired.
This is the trooper, got fired for insubordination on budget matters, and not because of his refusal to fire Palin's former brother-in-law.
Now he's the commissioner, not the trooper.
That's true.
It's a commissioner, not the trooper.
Monligan went behind Palin's back to attempt to revive a project that Palin had vetoed, which stunned the Office of Management and Budget Director.
On another occasion, Monligan held a press conference with Hollis French to dissent from Palin's budget priorities, the same Hollis French that's pushing the ethics complaint against Palin.
Now, according to uh papers filed by Palin's legal team, this was not the only instance of insubordination from Monaghan.
On December 9th of 2007, Monligan held a press conference with Hollis French to push his own budget plan.
On January 29th of this year, Palin's staffers had to rework their procedures to keep Monligan from bypassing normal channels for budget requests.
In February of this year, Montigan publicly released a letter he wrote to Palin supporting a project that she had vetoed.
And in June 26th, Monaghan bypassed the governor's office entirely, contacted Alaska's congressional delegation to gain funding for a project.
Clear insubordination.
I'm telling you what this is.
This is just the Alaska Old Boys Network trying to take the girl out.
She wasn't going to run the state the way they had been running it.
The old boy network was not going to be able to dictate what was going on, and they wanted to take out the girl.
And they're still trying to take out the girl.
Republicans and Democrats, some cases working together in Alaska to take her out just before this election.
And then they'll, you know, go back to bickering with themselves once this is uh once this is all settled.
In the meantime, Sarah Palin in Golden Colorado yesterday, guess where Obama is today?
Golden Colorado.
Obama following her around.
And he's running against McCain.
Sarah Palin yesterday said that she would concentrate on energy, government reform, and helping families with special needs children if the Republicans win the White House.
She drew cheers when she said too often government's the problem rather than the solution.
Campaigning on her own, she also said the Democrat presidential candidate Obama wants to raise income taxes, raise payroll taxes, raise investment income taxes, and raise business taxes, also raise the death tax, and she said that's not how you grow the economy.
She's exactly right.
But three things, three things very simple.
Just like who?
Ronaldus Magnus.
He had three legs on his stool.
Military cutting taxes will wipe out the Soviets.
Hers are energy government reform and helping families with special needs children.
Okay, I'm gonna get to your phone calls next.
Be patient.
It's coming up.
Okay, before we go to the phones, a couple of new Obama bites.
You gotta hear these.
He's in Golden Colorado today.
And remember now, this is a man who is going to a $28,000 a plate fundraiser with Barbara Streisand headlining tonight.
He's expected to raise $9 million at this event tonight.
He's on his way to raising $100 million throughout his entire campaign.
This is a man in uh 1996 who got kicked out of the Democrat convention, didn't have any credentials, and had taken cab back.
I mean, he had no money, his credit card was rejected in a bunch of places for a rental car or something.
George Bush gets elected in 2000, and Obama is a multimillionaire.
George Bush and his years, so often criticized by Barack Obama, those are the years Obama got rich, not during the Clinton years.
The first of two sound bites.
What Senator McCain said yesterday fits with the same economic philosophy that he's had for the last 26 years.
It's the philosophy that says we should give more and more to those with the most and hope that prosperity trickles down.
It's the philosophy that says even common sense regulations are unnecessary and unwise.
No, it's a philosophy that lets Washington lobbyists shred consumer protections and distort our economy so it works for the special interests instead of working people.
Senator McCain, you are sitting on a gold mine here.
We have just heard evidence.
This guy doesn't know what he's talking about.
Somebody wrote his answer for him on a prompters or wrote his speech.
He has the slightest idea, substantially what he is talking about here.
And he has got so many factual errors in this, he is a sitting duck.
If anybody screwed anything up, it was the Clinton administration, Franklin Reigns, Jamie Garelic, Jim Johnson, Robert Rubin.
These are the people that got rid of the regulations.
And replaced them with onerous demands on the private sector.
I guess you could say it didn't get rid of regulation.
They overregulated them.
Says we should give more and more to those with the most.
What is the hell is he talking about?
McCain is opposing bailouts.
He doesn't even know what he's talking about.
What he's talking about is not even relevant to the things that are happening today economically up on Wall Street.
Then he blames Reagan for the SNLs.
It happened in the 1980s when we loosened restrictions on savings and loans and appointed regulators who ignored even these weaker rules.
Too many SNLs took advantage of the lax rules set by Washington to gamble that they could make big money in speculative real estate.
Confident of their cloud in Washington, they made hundreds of billions in bad loans, knowing that if they lost money, the government would bail them out.
Good Lord.
And they were right.
The gambles did not pay off.
Our economy went into recession, and the taxpayers ended up putting the bill.
Does that sound familiar?
Yes, it sounds familiar.
It's exactly you should be describing what's going on right now, you dolt.
That is not what happened back then.
Anyway, we're dealing with a neophyte.
I'll 1980s, that's when the when the savings and loan scandal was going on, Barry was working at the newsletter, lying about his responsibilities of the newsletter in New York, which we discussed Yesterday.
All right.
Let's go to the phones.
We'll start in White Plains, New York.
Alex, I'm glad you called.
Welcome to the EIB network.
Hello.
Thank you, Rush.
The key date on the financial crisis is November 12th, 1999.
It was on that day President Bill Clinton signed the repeal of the Glass Steagle Act of 1933.
What that did was allow commercial and investment banks to consolidate.
Now banks began trading and underwriting assets called mortgage-backed securities, CDOs, and SIVs.
All of the toxic waste that's coming home to roost today.
That was after a one-year 200 million dollar lobbying effort by the Democrat lobbyists to put this thing through, and it was done in opposition to the Congressional Research Service's own report.
The information is out there.
All anyone has to do is go do a web search for Glass Steagall and repeal.
It is unbelievable that the Democrat Party is trying to lay this at the foot of the Republican Party when it was Bill Clinton and Democrat lobbyists that pushed this thing through.
I'm going to back you up on this, Alex, and I want you to listen to this with me.
Robert B. Reich last night on MSNBC basically saying that Democrats did exactly and Clinton did exactly what you said.
In the latter years of the Clinton administration, when I was not there any longer, I should add, uh, there was an attempt by Alan Greenspan and uh Bob Rubin uh and a few others to deregulate financial markets.
And they did.
They split commercial banking off from investment banking.
And many people say, well, that was the beginning of the problem.
And then, of course, in 19, in 2003, 2004, Alan Greenspan reduced uh short-term interest rates to the point where you know every single bank wanted to lend money.
I mean, if you could stand up straight, uh, you could get a bank loan because there was so much pressure to get that money out the door.
Money was so cheap.
Okay, yes, there's good.
That's good.
So you see, uh uh, Alex, he's basically he doesn't use the name of Glass-Steagall Act, but he's basically describing what happened.
He lays it off on Rubin and Greenspan rather than Clinton.
But he's also lying, Rush, because it wasn't the new act that separated investment from commercial banking.
It actually combined them.
And the Congressional Research Service said this.
Depository institutions are supposed to be managed to limit risk.
Their managers thus may not be conditioned to operate prudently in more speculative securities businesses.
Rush, this is a problem that was caused by Democrat lobbyists and a Democrat president, and these are the historical facts.
And as you say, it's coming home to roost, and it just is again further evidence of the sitting duck nature of the Obama campaign.
Look, what got me on this tirade today, if you're just if you're just tuning in.
What got me on this tirade was one of McCain's uh chief economic advisors, Carly Fiorina was on him uh what MSNBC last night, and I I like her.
I've never met her, but uh, she's she has a lot of stature.
But she started a she she she dumped on George Bush for all of this, claiming he was from the wild wild west cowboy, no regulation, whatever, and that McCain's not Bush and so forth, and Bush is not the enemy here.
You're not gonna win this election running against George W. Bush, and nor is Obama for that matter, but I would encourage him to keep trying.
But McCain certainly is not going to win this election running against Bush.
I understand the need to distance themselves because Obama's trying to link McCain and Bush and so forth, but ways of doing this, but the Democrats are just sitting ducks on this like energy and all these other issues.
If you America's chickens are coming home to roost here in a manner of speaking, what we need to do is here is to have the fortitude, a testicular fortitude out there to start blaming the Democrats from the McCain campaign.
If McCain doesn't want to do it, let Sarah Palin do it.
Somebody's got to do it.
And somebody's got to get hold of Carly Farina and let and have her read some things to get her up to speed on Fannie May and Freddie Mac and who ran those joints into the ground and who was using them for what purposes?
Democrats for political purposes.
Okay, I'm um there's too much other stuff here to stay focused on this, but I had to make that point.
For example, yesterday, Amir Taheri in the New York Post, quoted the Iraqi foreign minister Hoshiar Zabari as saying that Obama made the demand when he visited Baghdad in July that you guys, you can should you shouldn't start talking about troop withdrawal now.
you should wait until the next president's elected.
The quote here from the Iraqi foreign minister says, he asked why we were not prepared to delay an agreement on U.S. troop withdrawal until after the U.S. elections and the formation of a new administration in Washington.
Thank you.
Thank you.
However, as an Iraqi, I prefer to have a security agreement that regulates the activities of foreign troops rather than keeping the matter open.
So basically, the foreign minister of Iraq says Obama came over here and tried to get us to delay any action whatsoever on the withdrawal of U.S. troops until after the U.S. presidential election.
Well, this sent the Obama campaign into a tizzy because this is a violation of law.
This is uh borders on treason.
He's a presidential candidate.
He cannot go over and negotiate for the United States on matters like this.
Aside from the hypocrisy that was Obama promising everybody to get these troops out of there immediately when he was elected.
This would push back the withdrawal easily to 2011 or 2012.
He's just a hypocrite on this.
Uh he wanted Bush to withdraw the troops so that Bush would lose the war.
The Democrats would say Bush lost the war.
But now that the prospect of losing the war or winning the war, I should say, could redound to Obama, he wants the troops there.
He wants to be the one to declare victory.
He wants to be the one to bring the troops out on his terms, and he asked the Iraqis to hold them.
So his campaign sends out this this denial yesterday.
The campaign went nuts suggesting that this did not happen.
And in the process of denying it, they confirmed it.
Obama's national security spokeswoman, Wendy Morigi, said that Amir Tehari's article bore about as much resemblance to the truth as the McCain campaign commercial.
And then she said this in the statement.
In fact, Obama had told the Iraqis they should not rush through a strategic framework agreement governing the future of U.S. forces until after George Bush leaves office.
Well, that's exactly what the Iraqi guy said.
So they send out this press release denying it, saying that that uh Amir Taheri, he's a conservative Iranian, he's lying about this, and in their denial, they confirm it.
They confirm exactly what Amir Taheri said that Obama told the Iraqis they should not rush through a strategic framework agreement governing the future of U.S. forces until after Bush leaves office.
Which is exactly what Amir Tehari said.
Obama went to Iraq and interfered with U.S. diplomacy and is now denying it.
This is a sitting duck issue.
McCain.
Do you realize what's just fallen into your lap here, my good friend?
Yeah, I mean, I mean McCain hit this one.
You're buddies in the media are gonna gloss over this.
They're gonna gloss over trooper gate.
They're gonna, in fact, they're portrayed the exact opposite, trooper gate, Tasergate.
You're gonna have to hammer this stuff.
If you don't want to do it, let Palin go out and do it.
Somebody's got to go out and hammer this guy on this and his economic ignorance.
Woeful, scary economic ignorance.
Stephen Oceanside on Long Island.
Great to have you here on the program.
Hello, Rush.
Not so blue empire state dittoes.
Thank you very much.
Um my point that I would like to make is about the economic plans.
How can Obama possibly give us give 95% of Americans tax cuts when only 60 something percent of the people actually pay income tax?
Uh that's a good question.
Forty percent of Americans are not paying any income tax.
Uh that's just pandering.
That's just populist pandering.
What he could do, what he could do is something he won't do.
He can lower those who don't pay income taxes, are paying payroll taxes.
He can lower those, but he can't lower those because that's social security.
He's going to raise those.
In fact, all these people are going to get a tax cut.
You better hold your pockets.
Because like Clinton, you're going to get a tax increase.
We'll be back.
Stay with.
Okay, we are sticking with the phones here, but folks, I in the next hour I gotta load you up.
I have to load you up.
There are too much happening out there.
Carolyn in Chesterfield, Virginia.
I'm glad you waited.
Welcome to the program.
Thanks, Rush.
You know, Rush is one of my top ten favorite boys' names.
And, you know, I'm a longtime listener, but I'm a first-time suck-up.
Um I I think the whole thing with McCain and with Obama illustrates so clearly to me one of my pet peeves about corporate America, and it's the confusion of management with leadership.
You look at Obama, how he approaches issues and how he deals with situations.
Uh he's like a manager trying to fight fires all the time without any direction.
Uh he he has no leadership presence to really look at the big picture.
Um he's so intent on, you know, finding some object of blame, uh, particularly the Bush administration, and then trying to tie McCain to it and say that's what ails America.
And he can't uh, you know, the forest for the trees, he can't see the truth for his ambition.
And he, you know, he almost looks like he's got dropped in Alaska and he doesn't have the right clothes or any hunting gear and and is a bear coming at him.
And and you know he's just gonna get creamed.
And you know, you talk about sitting duck.
Um, but but you look at McCain as a leader, and I kind of had hoped when he was in the primary and he was going up against Giuliani, and he differentiated himself as a leader versus Giuliani being the manager and the different different skills that are required as president.
And I think I think McCain could do a good job as a leader or a manager.
I think Obama doesn't understand leadership.
He thinks a speech inspires people, but that's only one tiny element of leadership.
There's a there's a lot more to it.
And he just doesn't get it.
Um and and and you know, when you're talking about puppets before, I I just kept thinking of the old um the old show, Winchell Mahoney show with uh uh Jerry Mahoney and Knucklehead Smith.
And and I mean that's my that's whenever time I see Obama and Biden, that's who I see.
You know, it's just they're just mouthing whatever they they have to say to make people get a bad image of Bush.
Well, that's the bottom line here.
What what what's happened?
It's the fascinating to watch here the uh transformation of the Obama campaign.
You can go back.
In fact, I've got a bit here.
I didn't have time.
I'm so crunched when this show's about to start.
I got finding stuff all over the place and having a chance to send this up to cookie.
But uh, you go back and listen to a 30-second Obama ad before the uh the Iowa caucus, the hookye cocaye.
And there's Obama on his Messiah bit.
He's on this messianic role.
Um We are the word, we all the man, we are one.
That's gone.
It's striking to go listen to Barry pre well, even early 2008, and look at what's happened to his campaign now.
His campaign has been reduced to a traditional Democrat hack campaign.
He is no different, and he never has been, by the way, but he's no different than any other Democrat who's ever run for president.
It doesn't matter if the campaign manager is Axelrod or Floof or Bob Schum or or uh Bob Beckle or Carville, it's the same thing.
It's class envy.
I mean, Biden is repeating things he said in 1988.
When he ran for the presidency the first time.
There's nothing to it.
They were they just rather stoked fear.
Nothing inspirational about what these people say or do.
And it's an indication here of just how his you know these glory days are gone.
And looking at the poll of day polling, they know the glory days are gone.
Allison in uh West Granby, Connecticut.
Hi, nice to have you here.
Hi, Rush.
Yes.
Yes, I'm from that lovely state of Connecticut, and uh everybody keeps saying, you know, they keep blaming Bush or the Republicans for this mess.
What about Chris Dodd?
How come he's not doing a perp walk?
Because he's a Democrat.
How come Obama's not being blamed?
Of Chris Dodd is the number one guy who receives Goody's contributions, donations from Freddie Mae, Fannie Mae.
Freddie Mac Fannie Mae, and also Chris Dodd, very, very close to the countrywide guys, and he got a favorable mortgage deal that he claims not to understand.
It's like Charlie Wrangle does not understand.
He's hired a forensic accountant.
Charlie Wrangle says, Well, they started talking Spanish to me Down there at a Dominican, and I didn't know what they were talking about.
Charlie Wrangle is as typical a Democrat career politician as there is, thinks that special deals are the norm.
He isolates himself, greases his own skids, lies about what he reports to the IRS and on his financial data, and then expects to get away with it when he's caught because he's Charlie Wrangle.
He's a Democrat.
And he probably will get away with it.
Same with these other guys.
Obama's not going to call for an investigation because to do so would be to end up investigating three times as many Democrats as Republicans in this whole mess.
Get this.
Harry Reid asked Obama, said you got 77 million on hand.
Can you give us some to help Democrat senators get reelected?
And Obama said no.
Not kidding.
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