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Sept. 16, 2008 - Rush Limbaugh Program
35:35
September 16, 2008, Tuesday, Hour #3
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Time Text
Yeah, so make it we'll start with five.
I want to know something.
I want to know with whom Jamie Gorellick has pictures of with a goat.
We learned today that Jamie Gorellick was involved in Fannie Mae and Freddie Mac, and she was part of a group of Clinton people that scored $75 million out of there.
Franklin Rains paid himself $100 million out of there.
This woman was everywhere.
She was running the Justice Department while Janet Reno was doing the press conferences.
She was building the wall between the investigating the intelligence agencies looking into terrorist activities and so on.
This woman was literally everywhere in the uh in the Clinton.
She ends up on the 9-11 commission on the on the Democrat side of this.
She got to have pictures of somebody with a goat.
And you know something?
Isn't it interesting, folks?
Trooper Gate, Alaska Trooper Gate.
Why we can break down the walls and we can lie, and we can have the Democrats working with the Democrats in Alaska and with the drive-by media to promulgate a lie about Sarah Palin there, but don't you dare bring up Trooper Gate in Arkansas.
Greetings, my friends, and welcome back.
Rush Limbaugh here, the Excellence in Broadcasting Network.
Telephone numbers 800-282-2882.
Email address L Rushbow at EIBNet.com.
Charlie Wrangell, the new version of Dan Roste Rostinkowski.
Rostankowski forced out of office, Speaker of the House.
By the folks, one one other thing before I go on with the details here, because this just reminded me of something.
Have you ever wondered how it is that somebody like Jamie Gorelic can show up, work in government for 10 or 15 years and walk out of there with $75 million?
Have you ever wondered how it is that a guy like Obama in 1996 broke, can't even afford to rent a car, gets turned out of the Democrat convention in 2000, Bush takes office, writes a couple of books, ends up with a nice house in Chicago, and you can't pull something like this off because you don't have a Tony Rezco in your life.
If you want to do it like the Democrats do, you need to find a Jamie Gorellic, you need to find a Bill Clinton, you need to find a Tony Rezco, you need to find a Bill Ayers and a Bernard Eden Dorn, and then you need to get some great dream preacher on your side like Reverend J. Wright.
And when Jay Wright takes a day off, go out and find another freak like Father Flager to take over in the interim.
Charlie Wrangell says he will hire a forensic accountant to untangle his confusing and error-prone financial records and eventually will make public his tax returns and the accountant's report.
A forensic accountant.
And he is going to release the details after the forensic accountant covers up the fraud.
Is uh is what this means.
The announcement came yesterday as Wrangle faced new questions about his annual financial disclosure filings, prompting a meeting with Pelosi.
Speaking of which, Mike, I'm gonna screw you up here.
I'm gonna find Pelosi.
Yeah, but it's not, it's not it's not on Wrangle.
Uh thought it might have been from yesterday we had Pelosi on Wrangle.
Very tepid, we don't.
Uh no, don't worry, Cookie, no, it's my fault.
But the very tepid endorsement of Charlie Wrangle.
This is a Washington Post story, by the way.
Um what they highlight here is that uh Wrangell lowballed reporting on a Florida condo and then laid it off on his wife.
He reports seven out of twenty trips to the Caribbean in the South Pacific.
Here are the details.
Alma Wrangle, the wife, bought the condo in Sunny Idol's Beach, Florida for 335 grand in 2004, sold it two years later for 405,000.
Now Charlie Wrangle makes 140,000 or so, maybe 50, I don't know what.
He lives in Harlem.
He's got four rent stabilized apartments, one of which he was using as a campaign office.
These people are just 100% total hacks and frauds.
How do you buy a three?
She is flipping houses during this home business.
She's flipping them like everybody else was.
On disclosure forms, Wrangell valued the unit at between $50,000 and $100,000 in 2004.
The next year he valued it between $100,000 and $1 and $250,000.
But yet she bought it for $335,000 in 04, sold it for $405,000, and the top value on his forms to Congress, he reported was $250.
In 2006, Wrangle disclosed the condo sale, listed its value accurately, but he later recorded the transaction as occurring in 2007, with a value between $100,000 and $250,000.
Flat out lied.
George Daly, Wrangell's chief of staff, said in an interview that Alma Wrangle bought the condo as a possible retirement home with money from the 2003 sale from their longtime Washington residence.
Florida property got little use.
Wrangle knew few details about it.
A couple sold it two years later.
So he didn't know what his wife is.
His wife did all this, and he had no clue.
Records also show that Wrangell failed to fully account for many of his privately sponsored trips to destinations such as Taiwan, Singapore, and the Caribbean.
Of 20 trips listed on his annual disclosure forms, he reported seven.
On the separate travel disclosure forms, members must look at folks.
Who are they in they're investigating.
Who was it?
75,000 dollars or somebody big that they're investigating through out of Congress or did something.
I'm having No, not well, they did that with delay, but somebody right now has been sent packing $75,000 of uh of questionable.
Ah, the name will come to me.
But this is this is worse.
This is Rostinkowski territory.
They found Rostinkowski with government furniture in his New York or Chicago house, right?
Give you an idea of what I was talking about earlier, how bad this is gonna get.
The Huffington Post.
This is the it's a competition out there between the best palin derangement syndrome.
Uh it's either Daily Cause or Huffington Post.
Paul Slansky on the Huff Post today, uh Huffing and Puffington Post, I should say.
Quote, the contempt John McCain has shown for the people of this country by plucking the wildly unqualified Sarah Palin to sit a cancer-prone heartbeat from the presidency leaves only one conclusion, John McCain hates America.
By disregarding the kind of risk his country will be at of his know-nothing reactionary ascends to the presidency, he reveals himself not as a patriot, but rather as a traitor.
If John McCain dies in office, he should be posthumously tried for treason.
Huffington Post.
They haven't found that one offensive enough yet to pull down.
Folks, it's gonna be when these people lose, it's gonna be bad from the politico.
Earlier this month, Senate Majority Leader Dingy Harry made a personal appeal to Barack Obama.
Help me grow the Democrats' Senate majority by sharing some of the $77 million that you've got in a bank.
Obama's campaign said no.
So not only is this guy rich, raising $400 million, hanging around with Barbara Streisand tonight, headlining a $9 million fundraiser while we're in the throes of a depression, he says.
He is a tight wad.
Harry Reed comes begging hat in hand, and Obama says, Go to hell, Harry.
Handle your own re-election, pal.
I got my own problems here.
Although Democrat insiders say a better deal could still come.
What?
A better deal than nothing?
The Obama campaign so far has agreed only to let Senate Democrats use Obama's name.
In rejecting a direct request from his Senate leader, Obama has put a fine point on the financial pressures he's feeling as the presidential race turns toward the fall.
Yeah, he's gonna raise more money than anybody ever has, 400 million.
He's going out with Barbara Streisand tonight, 28,000 per ticket, per plate, total of 9 million going to be taken in tonight, told Denji Harry you're on your own.
But if you want to use my name, if you want to say, if you want to put the Messiah in your campaign ads, you can do that.
Wonder how little this guy gives to charity to boot.
Telling, I mean, telling Dingy Harry to go to hell, wanting some money to help create a Senate majority.
I guess Obama thinks this is a Messiah, he's not going to need a majority in the Senate because it Senate won't matter.
He's just gonna, he's just gonna rule by uh by decree.
All right, Joe Biden.
This is yesterday, Flat Rock, Michigan at Biden's rally, a walking uh just a walking gaff machine.
It even rubs off on people who introduce him.
All this stuff about how different Barack Obama is.
They're just not used to somebody really smart.
They're just not used to somebody who's really well educated.
They just don't know quite how to handle it.
Because if he's as smart as Barack is, he mustn't be from my neighborhood.
Okay, I'm go back and play five with the one I introduced.
This is this is uh uh Barbara Thieker, local supporter, said this about Sarah Payless, the woman introducing Biden.
Barack Obama has made an intelligent choice for the vice presidency.
How so very different.
This is from that bucket of fluff that the Republican candidates have chosen for the same position.
Well, that's an inspiring introduction for Joe Biden.
That's Barbara Thieker, local supporter, Barack Obama made an intelligent choice very different from this bucket of fluff.
So uh the Biden responds to this by saying voters don't like Obama because he's too smart.
All this stuff about how different Barack Obama is.
They're just not used to somebody really smart.
They're just not used to somebody who's really well educated.
They just don't know quite how to handle it.
Because if he's as smart as Barack is, he mustn't be from my neighborhood.
What does that mean?
Not from my neighborhood?
By the way, the latest I've heard today is that if you refer to Obama as flashy, you are a racist.
That calling somebody flashy is racially denigrating.
Yep.
It's I don't know how, because flashy is not defined that way anywhere you look at it, but that's uh that's happened.
Okay, so Obama's too smart for people.
He makes people nervous.
He's too small, obviously too clean, too.
Obama just forgot to mention that.
So Biden had to explain this this morning with Scarborough.
Uh said, Senator, when you said the Republicans weren't used to smart people being around them, were you talking specifically about the Republicans that voted for me in primary elections?
It's amazing how the very people, Joe, who in fact were the ones that John McCain deplored in his 2000 primary race in South Carolina, the very race where I called him up when they attacked his character and said, John, where do you want me?
I'll publicly testify for you.
These very people, some of them John's now hired, and they're running his attack ads on television against Barack, misrepresenting Barack.
And independent news organizations are saying it, not Joe Biden.
And the point I was responding to is the misrepresentation that's going on about Barack Obama.
Let me be let me be very clear, Senator Biden.
Senator Obama is an empty suit.
The reports of his intelligence are vastly exaggerated.
He may be educated.
He may be a sponge able to absorb all the driveling bills that's been fed to him over the course of the years of his life.
But in terms of his independent thinker, I mean, Senator, when you have to take a teleprompter to a rodeo to make sure you stay on message.
We're not talking about brains here.
Well, I've long thought he's an empty suit.
I really it no, in I'm not talking about IQ.
Well, I'm trying I'm talking about right or wrong, common sense.
I don't think this guy can go off message.
He cannot look at the the Rick Warren saddleback place.
You he just can't talk about things unless they're written down for him, unless he's been prepped and reviewed and rehearsed and so forth.
It's uh it's obvious.
By the way, the drive-by's now trying to cover up for Biden and this instance in uh in Columbia, Missouri with the senator who's in the wheelchair.
Uh last night on CNN's Anderson Cooper, this is a portion of Joe John's report on Biden's gap.
He is a master of the quick recovery, even after making you cringe.
Like recently, when he told a man in a wheelchair to stand up.
Chuck, stand up, Chuck, let him see you.
Oh, God love you.
What am I talking about?
He's a master of the quick recovery.
Joe Biden.
Well, we just love the guy.
We just love the guy.
Here's the whole thing again.
Uh uh Chuck Graham, State Senator's here.
Stand up, Chuck.
Let him see you.
Oh, God love you.
What am I talking about?
I tell you what, you're making everybody else stand up, though, pal.
I tell you what, stand up for Chuck.
Stand up and Chuck and he walks over to Chuck and he said, Can you tell I'm new at this?
So the drive-by is circling the wagons to protect Biden.
Anybody else?
Why do they have to do this?
Is it right?
I was just gonna say, is anybody else out there making a big deal out of this?
No way.
This is CNN trying to cover up for Joe Biden because of us on this program, folks.
We will be right there.
Okay, here's some information on Obama's charitable giving.
Uh, ladies and gentlemen, as you know, uh Dingy Harry just reported this to you, made a personal appeal to Obama to send some of the 77 million dollars that he has in the bank on to Harry Reed to help uh Reed grow the Democrats Senate majority.
It was a personal appeal.
Obama said, no, screw you.
I can't let go of it, his money's campaign's too important here.
Go raise your own money, you old man.
Leave me alone.
Now he didn't say it that way, but he did say no.
We'll have time for you.
So I wonder what about his charitable giving is I remember had seen reports of it.
The Chicago Tribune, we reported this in our in our May issue of the limball letter.
Chicago Tribune found the Obamas falling well below the charitable giving average about four percent in the years 1997 through 2005.
By the way, did you people see I made the top ten celebrity list in uh in uh charitable giving this year, last year?
And they underreported it.
They only counted was the 4.2 million dollars to M. Cliff.
You know, Parade magazine had to hate reporting that.
I'm the number 10 most generous celebrity, but they they they didn't account for or know about another two and a half millions.
It's actually so it's actually close to seven, which would have moved me way up in the top ten list.
They just had that one donation.
Now here's Obama, despite making tons more than the average middle class family, both Obama's and Chicago Tribune.
Both Obama and his wife, Michelle, declined to respond to questions about their charitable donations.
When the couple did finally cough up $60,000, 307 or $60,307 to charity in 2006.
$22,500 went to Reverend Wright's Trinity United Church of Christ.
$13,107 went to the Congressional Black Caucus, and $5,000 went to the Moon 2 Dance Theater, a Southside Chicago troupe that performs contemporary and ancient African dances.
Now remember, Obama's big claim to fame here as a community agitator and organizer, is that he helped the people who lost their jobs at the steel mill, right?
I don't see any donations to any steel workers here.
Reverend Wright, the Congressional Black Caucus, and the Moon 2 Dance Theater.
I know he gave his time.
I keep forgetting about the other.
He gave his time.
So let's listen to Obama.
Remember, Obama now heading back down to LA today.
28,500 at plate fundraiser, Barbara Streisand, and uh, and it's gonna raise a total of nine million dollars.
Here's Obama from yesterday talking uh about the um economic policies of today not working for real people.
Well, 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.
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.
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.
And they were right.
The gambles did not pay off.
Our economy went into recession, and the taxpayers ended up footing the bill.
Does that sound familiar?
What Senator McCain said yesterday fits with the same economic philosophy that he's had for the last twenty-six years.
It's the philosophy that says we should give more and more to those with the most and hope that it does bizarre here again.
It's the philosophy of the most rain don't go away.
Or unnecessary and unwise.
Back to the phones we go.
This is George in uh in Vacaville, California.
Is it once a place where Charles Manson was in prison, by the way, not far from uh from Sacramento.
Yes, it's very true.
George, welcome to the program.
Did us rush.
Thank you.
I wanted to call and thank you because you were a big influence in my decision to join the Army, sir.
I've joined the Army and I'm going to basic training soon.
And um, you uh helped me realize what a great country we have, sir.
And I just wanted to call and personally thank you for being such a good and uh big influence for me.
Thank you, uh George.
It makes me very happy, but do not do not leave yourself out of this equation.
You're the one taking the action.
Yes, sir.
Uh but you're where are you going to basic?
I'm going to Fort Seal, Oklahoma.
I'm going to be in uh the artillery department.
I'm going to be a cannon crew member, so I'll be firing off the big cannons, leveling houses, sir, pretty much.
All right.
You and Sarah Palin.
Yes, sir.
Thank you, sir.
That I love that family, and uh I'm I'm very happy to uh hear that she has a son in the uh infantry as well, sir.
Well, this is uh great to hear.
I um I'm always I'm always moved when I hear people who decided to do things like you have.
So you have uh you have uh God's blessings behind you as well as the prayers of everybody in this audience, George.
Thank you, sir.
Thank you very much.
You bet.
Take care, Roger.
All the best to you.
Lanna in Greeley, Colorado.
Nice to have you on the EIB network.
Hello.
Hi.
First, he's a hard act to follow.
Uh yeah, but but I know you can I know you can do it.
Oh, I'm gonna.
Uh, I am real tired of hearing people get by with the phrase.
They may not pay income taxes, but they pay payroll taxes.
In many cases, they don't.
They get earned income credit, additional earned income credit, child credit.
Most, if not all of their payroll taxes in many cases are given back to them.
And of course, if Obama's benefits go through, they'll get even more.
And yet these are the people who will scream the loudest if they don't get benefits, and conservatives don't point this out.
You know that is a brilliant point.
That you are you are exactly right.
In fact, some some conservatives are actually for increasing the earned income tax credit.
Uh mistakenly so, and that because it it's it in a in a in a sense, but no, uh overall your assessment of this is correct.
Well, it's okay if they want to do it.
I don't agree with it, but if they it's okay, but don't let them them let other people get by with the quote, but they pay payroll tax.
They don't even pay it with their paycheck sometimes because they get advanced earned income credit.
Yeah.
And let's not forget the underground economy, that the uh the uh the uh the uh cash economy.
Well, yeah, but you know, the because all of this that the the this is done, by the way.
This whole notion of uh how many people don't pay income taxes and we're gonna have tax cuts in the middle of the this is all done to further the mistaken notion that most people in this country are just barely getting by.
Well, I wish everyone, and and I know there are people who really can't afford it, but I think everyone should have to pay at least a dollar in taxes so that they would know it's their money the government is spending.
No, that's not the way to do it.
Oh, I'd go for it.
If somebody said you just pay a dollar, I'm in the Well, I mean at least a dollar.
You know, those who are.
Well, here's what you do.
Now, this is not how you do it.
Okay.
You really want to accomplish me.
I'll be happy to.
Doubt that I can very much, but I if you really want to make that kind of impact, starting on day one of your idea, let's just do it for two months.
Just do this for two months.
We're fantasizing here, folks.
Okay.
Everybody in America gets paid the gross.
Whether it's twice a month, once a month, or weekly, however, they get paid every week, every two weeks, every month, they get paid the gross.
They then have to pay their state taxes every month, their federal taxes every month, their property taxes every month.
They have to go pay whatever community taxes there are for the fire department and the police department.
They have to go pay the taxes for the municipal swimming pool.
They got to pay their garbage tax.
All of it They pay, they write a check or they have it debited from their credit card so that they actually are paying it.
The problem is that a lot of people do not even consider the gross to be what they earn.
They look at the net on their paycheck and they think that's what they earn.
Well, they would they it wouldn't work because they wouldn't pay it.
Oh, I can't afford to.
and people like the IRS wouldn't collect it.
No no no no no no no no no no no no no It's automatically deducted from the credit card.
But they s it'll it will be deducted thirty days after they get paid.
So they've got it there.
And then one day, it's gone.
So they've got the they've got all they've got their gross for a month.
Now what would happen is you're right, they'd go out and spend it.
And when the time came for to be debited, guess what?
There'd be no money there, so it'd be over their limit, or they would pay an insurance uh uh interest penalty or what have you.
But this would be the way, or maybe eliminate the credit card business, make them write the checks.
I don't know.
But to just making sure everybody pays a buck, they're never gonna see it.
Well, yeah, but I couldn't figure out another way, because I I used to work for a certain federal agency, and a lot of people didn't get collected from.
For all the complaints, a lot of people didn't get collected from.
What agency did you work for?
The agency that deals with too scared to mention it.
Yeah.
I don't even you know, I barely do my own taxes now.
That's funny.
Well, I did a good job.
I did what I did well, but the system itself was screwed.
Well, I don't know.
They always seem to find me.
Yeah.
Well, you're higher income.
You're you know, but they're not gonna go after the they don't you know, there's a lot of jokes about a lot of comments about them going after the little guy.
But there were so many payment agreement plans and stuff out there, and you know, they just sob stories about being harassed by tax authorities, but I have my share of them.
Not feds either.
It's New York State.
I know I heard about that years ago.
Yeah.
Okay.
It hasn't gone away.
Thanks for l thanks to listening.
Yeah, I mean it's it's they still are they're still obsessed with the notion I'm lying to them, and I don't live in uh in New York.
They think I live in New York and I'm only saying I'm here in Florida to escape their taxes.
It's just a those are what people I have to look at.
You know what I have to do?
Yeah.
I have to prove to them 14 different ways where I am every working day of the year.
Well, you see, these people who have all these homes and can't keep track of how many homes they own, just have to deal with these problems.
I don't no I know where every one of my homes is.
But that is the root of the problem that error was that I can't I can't I can't hell they even um this is nothing people haven't had to happen to them before.
They even wanted to come to all the homes, see which one I really lived in.
I said, How are you gonna notice that?
They said, Well, we'll be able to tell the pictures, you know, which is what we we can tell what a home is really more lived in than anybody than some of they really wanted to do all that.
They'd need a search warrant to do that, wouldn't they?
Well, y if they force their way in, they want you to cooperate.
Oh, okay.
They want you they want you to cooperate.
And and uh and of course the tendency is to cooperate with them because of the when the taxing authorities call you, you're guilty.
And what you have to do is prove your innocence.
It's the only court in America where you're guilty when they call you.
I can understand people not you not wanting people to know you worked to the IRS.
I didn't say that.
Oh, I'm so I'm so relaxed now, I'm retired and listening to way too much stock radio.
By the way, how far is Greeley from Golden?
Um Greele's East and you're talking to somebody who doesn't drive.
Um, you know, they don't let blind people drive.
But you gotta know.
I don't it's not too far away, it's not close.
It's it's I think the other side of Denver, and that would be I don't know, forty, fifty miles away, I'm really guessing here.
All right, I'm just questioning how uh how close you were yesterday to the candidates express.
Well, uh I didn't uh I don't go.
I could have Google mapped it.
I just transportation, transportation doesn't happen.
How do you get around if you don't drive?
I don't.
I really don't.
I uh whatever if the bus goes there or I have Oh, you're blind.
I didn't hear you say that you were I have to depend on bus, friends, cab, there's paratransit, but you have to know half hour to forty five minutes before or after everywhere you're gonna go before you go there.
So As far as getting out of town, unless I have somebody I know that's going there, I don't go.
That's just how that is.
I can relate.
In my own, in my own well, my hearing loss over certain things.
Certain place I just will not go or certain I will not do because it's not a good thing.
You just have to admit that you, you know, I mean, there's a lot of things they can do.
Don't, you know, I had a job.
I worked.
I have I'm on retirement like any other ex-federal employee, and I have my own home and all that.
So I have a lot of good stuff I've got on.
You know what you might want to do, and especially uh in Denver, you might want to apply for a job as an official in the NFL.
They have ceased.
They have ceased the requirement that their referees can see.
That's cool.
Couldn't get to Denver, though, remember?
Can't you get to Denver?
I know in Denver they like the fact the NFL refs can't see.
All right.
Okay, thanks a lot.
You listen to me a long time, listen to me rat and rave a long time.
I had a lot of fun this morning.
Thanks, Landon.
Glad you called.
Same here.
We've got a quick timeout.
We'll be back and continue here in just a second.
Ladies and gentlemen, in a manner of speaking on the floor of the Senate just now.
I, your host, uh, have been partially blamed for the housing crisis and the financial credit crunch.
They have moved on from blaming George W. Bush to blaming me, Senator Dick Durbin.
We adopted the mentality that was dominant in this city for so long that first get government off my back.
Government is my enemy.
Deregulate.
You know, that was a pretty popular mantra around here 10 or 15 years ago.
And in fact, a lot of people laughed about it, and even people like uh the the uh venerable wise critic Rush Limbaugh said, you know, if we close down the federal government, no one would even notice.
Well, he was wrong when he said it, and he'd certainly be wrong today.
Well, now what is this talking about?
It I I guess I can only assume that he is linking me now to the push for deregulation that led to what he thinks caused the crisis in the mortgage business, right?
And now all these uh investment houses in uh in on Wall Street being threatened.
It look at here's the the bottom line again is that this there is no deregulation.
There is no der the the people that were in charge of regulating these places were Democrats like Dick Durbin, and they now totally run.
They destroyed the mortgage business.
Deregulation didn't.
The Clinton years demanding certain loans be made.
It was over regulation.
It was the government regulating lenders saying you gotta do this, and you got a loan to people that can't pay it back and so forth.
I get lumped into this with my support for the government shutdown since nobody would notice.
I didn't say nobody'd notice.
I said we'd all celebrate like we're getting on a cruise ship and leave it out for a little cruise here.
The only guy I know that got really upset about it was the guy in charge of the sleigh rides at Jellystone Park.
See you in found that guy, he was in bad shape and so forth, because his his sleigh ride concession got shut down, being paid for by the government.
That was all a scam.
Government shut to try to link the government shut down to this.
Dick Durbin, the guy who compared our troops to Nazi thugs.
Forced to apologize for this.
Dick Durbin, who had more enmity for our troops than he did for the uh for the enemy.
And Dick Durbin, one of the chief backers, mentors, and sponsors of the Messiah, that would be Barack Obama.
By the way, so on this subject, grab some by 10 and 11.
Here's Biden.
This is on the early show today with Maggie Rodriguez, who asked you let me ask you finally, Senator Biden, uh, what do you say to voter who wonder if, given the severity of the crisis right now, whether it's the right time to put their faith in a president that has no executive experience and just a handful of years in the Senate questioned about Obama there?
My lord, take a look at what who got us in this hole.
Whose policies?
This has been a Republican philosophy of letting Wall Street do what they want and the middle class be damned.
It's about time we change it.
If I sound like I'm angry, I am fighting mad for middle class people who are Ben the scapegoat of this economy because of the policies of the McCain's and the Bushes.
Now this is just absurd.
It's exactly opposite this.
And McCain answered this today on the Today Show.
Matt Lauer said, fundamentally speaking, isn't there something wrong with the fundamentals right now that's causing these nightmares?
There's nothing wrong with the workers of America.
I believe that they're the fundamentals.
You may not, others may not.
I think that the worker of America is a reason why we've been the preeminent economy in the world for a long, long period of time.
America is in crisis today because of greed, excess, and corruption.
And people walking away with pay packages for failed enterprises and uh inside the beltway old boy network that led to uh the kind of corruption that we've seen and the patchwork quilt, the uh alphabet soup of regulatory agencies, which has never been reformed.
And we need a 9-11 commission, and we need a commission to figure out what wrong and how to fix it.
Well, we don't.
We need prosecutors.
We need special prosecutors.
We need a down home old-fashioned legal investigation from the Justice Department of something to find out what went wrong here at Fannie Mae, Freddie Mac.
See, these guys want to lay this off on Wall Street because they think Wall Street is a big Republican firm.
Goldman Sachs run by Democrats.
Most of these Wall Street firms are run by Democrats.
Everybody forgets this.
Liberal Democrats, you got some Republicans up there, but most of them are the private sector in business.
These guys are leeches trying to live off what other people make, taking fees for investing their own money or these their clients' money into things.
They're leeches.
They're typical liberal Democrats making it off other people's money.
Somebody does need to have a serious investigation into not the regulatory, the alphabet soup of regulatory.
We need to find investigation.
How it is that the Democrat Party came to totally take over Freddie Mack and Fannie Mae and turn them into political operations.
When their purpose was to somehow deal with the mortgage.
Can't leave Pelosi out of this last night on CNBC's crisis on Wall Street.
Nancy Pelosi, does your party deserve some of the responsibility here?
No, John McCain said that this is a result of overregulation by the Democrats in Congress.
Either he doesn't know what he's talking about, or he's misrepresenting the facts as he knows them.
But it's simply not true.
In fact, we passed legislation in the 90s that would have held this administration in good stead.
They cannot put this at our doorstep.
This is all about the mismanagement of the Bush administration.
Mismanagement of the economy, mismanaging of the housing crisis, mismanaging of the energy challenges, uh, mismanagement across the board.
This woman, she's more of an empty suit than Obama.
Their combined intelligence, not their combined knowledge, the ability to express it.
You could put in a thimble.
This is uh just laughable.
This is so stock.
This is so simplistic.
You know, these are somewhat complex things that have happened, but they're not that complex.
But the whole Obama campaign, the whole Democrat playbook is simplistic.
You've got a financial problem at Wall Street, blame Bush.
Gas prices go up, blame Bush.
Healthcare, blame insurance companies.
Gasoline prices blame big oil.
Not even exciting anymore.
It's getting boring having to cover Nancy Pelosi.
Another exciting excursion into broadcast excellence in the can, the best of show here today, no question.
Headed over to the uh warehouse housing museum artifacts.
We'll be back tomorrow.
Revd up, ready to go.
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