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Sept. 17, 2008 - Rush Limbaugh Program
36:52
September 17, 2008, Wednesday, Hour #1
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Welcome to today's edition of The Rush 247 podcast.
Okay, so I open the show here.
I'm getting ready to open a show, and I see the staff in fevered conversation with one another on the side of the glass.
They said, look, with the show's starting, what is it you're talking about?
Snerdley gets on the intercom and says, ah, they're all worried about their retirement accounts or 401ks.
They're down a couple thousand dollars.
I said, Well, if you're worried about it, vote Obama.
You mean that doesn't inspire confidence that you're re Well vote What well I don't know why not?
Obama's claiming he's gonna miraculously fix the economy.
We got a two-minute ad coming up here that's delivered as though it's a State of the Union address or a presidential address to the nation.
We're gonna start stop it.
Greetings, my friends, welcome.
Rush Limbaugh, raring ready to go here on the EIB network.
A fabulous day to have you with us.
Telephone number if you want to join us is 800-282-2882, and the email address is L Rushbow at EIBNet.com.
One thing about Lehman Brothers.
This ain't so bad.
You know who was really heavily invested in Lehman Brothers?
Al Gore.
Al Gore's investment firm, his carbon trade-off firm.
I'm not kidding.
The demise of Lehman Brothers will be mourned perhaps most by the environmentalist wackos.
The bank was, like Enron, a big booster of carbon pricing, carbon offsets, and its recommendations on the subject had begun to be adopted by governments around the world.
It's uh its head guy Theodore Roosevelt I fourth sits on the board of a vast number of environmentalist MICO groups, including Gore's Alliance for Climate Protection.
And uh Ian Murray at uh National Review says that he understands Lehman Brothers was the uh banker for Al Gore's trading firm as well.
In addition, James Hansen of NASA was also involved.
Lehman was in.
So uh Lehman going belly up.
So long Al Gore invests investment firms.
Now we know why Bush refused to bail him out.
All right, uh, ladies and gentlemen, uh, as you know, that'd say the race business now starting to really worry.
The Democrats in Obama, we have two examples.
Jack Cafferty on CNN's all upset is totally.
Why is he not ahead anymore?
It's because about race.
This is still a racist country.
Kathleen Sabutius called Republicans racist.
The AP then changed the headline and the context of the story, take Republicans out of it, just said some voters.
Uh Ed Morrissey tipped me to this last night from uh hotairblog.com.
And then Obama is being praised.
This is this is why we're in the catbird seat on this.
Uh cat bird seats the wrong way to put this.
That inspires uh overconfidence.
I don't want people thinking that.
But here, yes, look at look at the look at the bumbling, fumbling, stumbling Obama campaign.
Yesterday they have what handed to them on a silver platter.
An economy that appears to all intents and purposes.
The perception is that it's heading south.
And we've got these uh we're not gonna bail out Lehman brothers.
We are gonna bail out AIG, which means you people will be underwriting my insurance policies.
How do you feel about that?
Um AIG is my injuries.
You know how to fix AIG?
You don't put the government in charge of it.
You don't put the Federal Reserve, get get Hank Greenberg back in there.
Maurice Hank Greenberg made that institution what it is, and it was Elliot Spitzer that forced him out on false charges of nothing.
Get the guy who built the company back in there.
At any rate, Obama has this golden opportunity to really hammer home the theme here that McCain Bush, whatever, the current establishment has just bollocks this all up.
And then what does he do?
He heads to Hollywood.
I know it was long ago scheduled.
He heads to Hollywood.
He raises nine million dollars.
It's all over the news.
I thought Obama was about the future, not the nineties, and not the Clintons.
I mean, you go out and you grab Barbara Streisand as your headliner.
Uh people's memories of Barbara Streisand are at the White House when Hillary was away.
So he's got all these Hollywood elitists and all these and the pictures of the Hollywood crowd being uh uh driven uh in their Bentleys and their Rolls-Royces and so forth, uh raising nine million dollars.
This is uh this this is not good.
Uh it's that there is there is a a bit of an implosion going on.
Polling data.
There's a the polling outfit called 538, and it's based it's run by a guy who is pretty much oriented toward the left.
And in the electoral college vote, as he uh he it's it's a he he takes a a sample of all the all the polls that are out there, all the major polls that are out there, and then runs an algorithm formula his computer with certain weighting given to certain things.
I don't understand it.
But the point is he's worried there because right now the uh you know the Obama is is uh is down by 5247 in the electoral vote in terms of what the winning percentages of the presidential election would be, something along those lines of those numbers, and the race business coming up uh now, and Richard Cohen, the Washington Post yesterday, literally imploding against McCain.
Normally I wouldn't mention Richard Cohen, but you put this uh in the cumulative stack of the crack up that's happening, the meltdown with the Feminazis, and the traditional liberal establishment media, and it ain't good out there.
I mean, these people expected to be smoking McCain by 20 points now, and McCain's either up or tied in several key battleground states as well as nationally, and it's uh it's you know, and they're on to you know, they're they're they're they know this.
They're uh even Obama last night at his little deal in Hollywood.
Let me tell you what he said.
This is from the uh from the New York Times.
A lot of people have gotten nervous and concerned.
Why is this as close as it is?
This is what he's telling the people that gave him nine mil last night.
A lot of people have gotten nervous and concerned.
Why is this as close as it is, or what's going on?
Well, we always knew this was gonna be hard.
This is a leap for the American people.
What the hell's that mean?
It means he's a leap for the American people.
I damn right I know what it means.
It means, you know, I'm not the guy that they see on the dollar bills.
And it's a big leap for them to elect somebody who looks like me with ears like mine.
I know it's a comment about his big ears.
I know this guy.
He also, um he also said, You gotta love that clear distinction between I mean, uh, we always knew that this was gonna be hard.
This is a leap for the American people.
What what is this we and the American people?
We, who's we?
His campaign staff, his elitist supporters, we always knew this is gonna be hard.
This is a leap for them, the American people.
So Obama's got himself up here on a pedestal, you the bitter clingers are down there, you dunce racists, you bigots, you slobs.
You just don't understand brilliance in dictators when you see it.
And he is a dictator.
He's gonna be a dictator.
We've got it's coming up right after the break here.
Obama's got this two-minute ad that is a um an attempt to do an address to the nation.
It's actually a yawner.
It'll put you to sleep.
That's why I'm gonna do a start-stop on this to make sure that you don't tune out of this show when I play this two-minute ad.
I give you my on-the-spot analysis at the time that it happened.
We are loaded today.
We are absolutely loaded.
Now, Joe Biden, they say that he uh he really turned that gaff around in Columbia, Missouri really quickly.
He was really fast.
Joe Johnson, he's really good at this.
He's really good at screwing up and in covering up.
He's really good at screwing up and in recovering.
There's nobody better at it than Joe Biden.
That's right, because he's got a lot of practice at it.
He has decided now to incorporate the whole notion of get up and stand up into his stump speech.
This is in media, Pennsylvania yesterday, uh, and uh at a campaign appearance.
Folks, don't buy this Moarkey.
And don't let your friends don't tell me who's on the side of middle class people trying to make it.
It is not George Bush, and it is not John McCain.
It's time for America to get up.
It's time for you to get up.
I'm ready to get up.
Barack Obama's ready to get up.
So let's get up and change this nation now.
What are we doing?
What are we sleeping?
What are we sleeping in?
What are we laying down?
What are we all doing?
We're the ones that make the country work, buffoon.
So he's trying to make this gaff in Columbia, Missouri, and now a campaign theme.
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 for Chuck.
Hey, Chuck, stand up, let them see you.
Oh my God, what am I talking about?
Oh, geez.
Oh, you're a great guy, Chuck.
They love you out there.
Stand up and let them see it.
All right, we'll take a break.
We'll come back and we'll do uh start stop on the on the uh.
See, what is this?
Going to be cut four, if no, it's cut six.
It's cut six, and we'll double back and do cut five.
Andrea Mitchell uh supporting it, all that coming up right after this.
Don't go away.
All right, we're back.
Rush Limboy, having more fun than a human being should be allowed to have.
Andrea Mitchell, NBC News in Washington, was on MSNBC this morning with Joe Scarborough.
And uh Scarborough says, How how will this economic news impact the campaign?
It is focusing everyone's attention on the economy.
It has stopped all of the attention being paid to Sarah Palin.
For Democrats, this ought to be a good thing.
These pocketbook issues ought to be good for Democrats, just generically.
But this year, not so much so far, at least.
Uh, Barack Obama with this new two-minute ad today, trying to get people to focus attention on what is at stake here.
But so far, you know, people still seem to be not quite clear on what their choice should be.
She just can't figure out why Obama isn't gaining.
They're all flummox.
They have this cliche that says Democrats automatically win big on economic issues.
And they've had that cliche for 30 or 40 years.
And when the cliche in the template, the narrative doesn't r isn't reflected, if they're stymied, why should they be stymied?
They are reporters.
It's their job to go out and find out.
They don't find out, they just sit there and cry over spilled milk on television about it.
So she referenced this Obama two-minute ad.
Uh, that uh trying to get people to focus attention on what's at stake.
This ad, I have watched it.
I have previewed it.
It is boring.
If I were to play this without start-stop commentary, you would tune out.
You would go to another s well, no, you never do that.
I own you.
But you would get bored, and I can't stand for you to get bored.
It might end up hurting the economy of this show.
Obama's gonna destroy it anyway.
The rest of the country's economy if he's elected, biggest job I'm gonna have is not having this the economy of this show destroyed if he's elected.
It's like I said, staff in there.
I just discovered they're worried about their retirement accounts.
And I said, Well, vote Obama.
It seems like the natural thing to do if you're worried about what's going on, right?
Obama had nothing to do with this, right?
It's all Bush and McCain.
Vote Obama.
I think it's a pretty good contrast.
Okay, let's get started here.
It's two minutes.
Start stop.
I don't really know where I'm gonna stop it each time.
It's when I get fed up with it.
Here we go.
In the past few weeks, Wall Street's been rocked as banks closed and markets tumbled.
But for many of you, the people I've met in town halls, backyards, and diners across America.
Our troubled economy isn't news.
Stop the tape.
Okay, the dictator is now speaking.
And as we can clearly deduce just from this little open, he's gonna bring all the skills that he honed as a street agitator, as a failed state senator, and as a 143-day U.S. Senator to bear on these economic problems.
600,000 Americans have lost their jobs since January.
Paychecks are flat, and home values are falling.
Stop the tape.
Now, this is uh illustration, this whole ad is an illustration of the veritable simplicity of Obama's campaign.
The economy's bad, your paycheck is flat.
Uh people have lost their jobs since January.
If Obama were to submit this as a written essay to a competent high school or college English composition professor, he would get an F on it for not explaining any of this.
Just making these wild assertions without explaining how this happened, who's responsible for it.
Paychecks are flat, no, they're not.
Wages are up.
We had the story last week.
Home values are falling, yeah.
But that's not all bad for some people, like people getting into the market for the first time.
But if you just want to deal with why home prices are falling, ask Obama.
Ask the Democrats, ask his economic advisors, Jim Johnson and Franklin Reigns, who steered Fannie Mae and Freddie Mack Into the ground, took a hundred million dollars out of it, Franklin Reigns did for himself.
They're now economic advisors on Obama's campaign.
Obama ought to be able to tell us why home prices have gone south is because people like him saw to it that people who could not pay mortgage loans were given those loans anyway, as ordered by the Clinton administration back in 1990.
Well, earlier 1990, I guess it was 94-95 when they started this.
And of course, the it's it's all with every liberal plan.
The problem doesn't show up immediately, but in ten years, twenty years it does.
Great society, war on poverty.
It takes a while for their failures to catch up with us, but they always do.
So here's Obama saying I had nothing to do with it, but just my presence alone is going to fix all this.
It's hard to pay for gas and groceries.
And if you put it on a credit card, they've probably raised your rates.
Stop the tape.
Okay, so it's time now to do the simplistic thing.
Blame capitalism.
It's hard to pay for gas and groceries.
Why is that?
Why, because the gasoline price went up.
Why is that Obama?
Because you want to give people tire gauges.
You don't want to have new sources of energy discovered.
So you want them to go out there and make sure their tires are inflated, and that leads to no new energy, no new supply.
And so when market fluctuations are such that prices go up, people have no recourse, and you do not want them to have any recourse to find lower prices via more supply because you have no interest in producing any of that.
So everything he's complaining about here can actually be pointed back to him.
You're paying more than ever for health insurance that covers less and less.
Ah, stop the tape.
Uh right.
And who was it was going to fix this, Obama?
Who had eight years to deal with this?
Your party.
The Clintons, 1993 made it the seminal feature of their administration the first term.
So all you dem and you've had you Democrats have run the House and Senate for a while now, uh, and you've had ample opportunity to do something about this as a state senator, as a street agitator, and as a uh uh part-time U.S. Senator, and yet you advance no legislation on this.
You have shown no leadership whatsoever in the whole notion.
Everything here is about ripping capitalism.
Everything here is about ripping the uh the private sector so that people will eventually fall into line and turning all of these decisions over to people like Obama.
This isn't just a string of bad luck.
The truth is that while you've been living up to your responsibilities, Washington has not.
Stop the tape.
Who's who's been in Washington for the last hundred and forty-three days, Obama?
You.
So you're saying you haven't lived up to your responsibilities.
Washington hasn't.
And yet, you want Washington to have more control over all this while they you admit that they've botched it.
More on this straight ahead.
That's why we need change.
Real change.
This is no ordinary time, and it shouldn't be an ordinary election.
But much of this campaign's been consumed by petty attacks and distractions that have nothing to do with you or how we get America back on track.
Stop the tape.
Yes, they most certainly do, sir.
These are not petty attacks and distractions.
These are genuine arguments over how we solve the problems that exist today.
Does government get more power to change these or to fix these problems after having learned they caused the problems and made them worse?
Or do we get rid of people like you and put people who believe in the private sector?
You talk about people paying uh living up to their responsibilities.
Let them do it.
The people who make this country work, the people who are living up to their responsibilities just need people like you out of their way.
They can fend for themselves.
You will bollocks it up.
It's been demonstrated that Democrats in charge of all these things blow it, and then they protect themselves when the examination comes and try to ask for even more power to get in charge of the chicken coop when you've already killed all the chickens.
Here's what I believe we need to do.
Reform our tax system to give a thousand dollar tax break to the middle class instead of showering more on oil companies and corporations that outsource our chicken.
All right, stop the table.
We're back to George McGovern.
George McGovern wanted to give a thousand dollars to everybody back in 1972.
Obama go check your history.
He lost in a land slide.
Uh and this uh this business reform the tax system to give a thousand dollar tax break to the middle class, showering more on oil companies and corporations that outsource our jobs.
Again, examine Obama's enemies list.
It is the private sector of this country that has created all the wealth.
And the anything goes culture on Wall Street with real regulation that protects your investments and pensions.
Stop the tape.
I can't I can't let this go on.
There's already over-regulation on Wall Street, over-regulation from Washington, and now you guys are in total charge of Fannie Mae and Freddie Mac.
You can't get more control than you already have.
You're the ones that destroyed those institutions, and now you have total control over them.
So obviously what's happening here is that Obama's tapping the expertise of Jim Johnson and Jamie Garelick, Chris Dodd and Barney Frank, and Franklin Reigns throwing a little Marxist ideology in for guidance here.
He's running on a series of lies.
First, that we're in a depression.
Second, that governments had no role in promoting bad influences in the economy, and third, that he has the capacity to do something useful about it.
His point in all this, and we'll finish the ad if you want to hear the rest of it after the break.
But his point here is that government hadn't done enough.
Government's been too lax.
We need more government to fix these problems.
Government has been the problem.
Okay, back now to the Obama two-minute ad that is designed to look like, it does look like an address to the nation, a presidential address to the uh to the nation.
And we are uh start stopping this.
We now resume the Obama two-minute address to the nation.
Fast track a plan for energy made in America that will free us from our dependence on Mid East Oil in ten years and put millions of Americans to work.
Stop the tape.
Not possible.
There he's running around saying this all over the place that in ten years we're gonna have new alternative sources of energy, not oil, that will free us from the pendants on Middle East oil in ten years.
Not possible.
It isn't there.
It isn't going to be there in ten years.
Someday it will be.
May not happen in our lifetime.
Someday it will be, but it's not going to be there in ten years.
False hope.
This is no different than John Edwards telling the audience in a debate that if John Kerry is elected, Christopher Reeve will walk again.
That was just as irresponsible, just as big a lie as this is.
Crackdown on lobbyists once and for all.
So their backroom deal making no longer drowns out the voices of the middle class and undermines our common interests as Americans.
Stop the tape.
More middle class pandering here.
This guy's loaded with lobbyists.
He's loaded with Washington types, Franklin Reigns, Jim Johnson from Fatty May, and Freddie Mack undermining the common interest of is as Americans.
This guy is not of America.
This guy is of Washington.
And he's simply pandering here from the Democrat Party playbook.
And yes, bring a responsible end to the war in Iraq.
So we stop spending billions each month rebuilding their country when we should be rebuilding ours.
Stop the tape.
This is brazen.
Because we now know that Barack Obama, when he was in Baghdad in July, sought to s uh sought a deal with the Iraqi foreign minister for them to suspend any plan on the withdrawal of U.S. troops until after the presidential election.
He has been running around campaigning.
He's going to get these troops out of there.
He's going to get them out of there now.
It's the first thing he's going to do.
He's going to this has been a it was an unjust war, shouldn't have been fought.
He raised a lot of money on this basis from the from the Kook fringe.
He goes over to Baghdad and says, hey, wait a minute, I don't want I what can you guys wait?
And this is this borders on treason.
This is something that McCain ought to be hammering.
He is not allowed to do this.
He is not entitled to do this to go negotiate on behalf of the United States as a presumptive president, which is what he was on that trip.
He went to Berlin as a presumptive president.
President in waiting.
Folks, let me tell you something.
I mentioned this the first day I heard of this story, and it's been confirmed.
Amir Tehari reported this in the New York Post, and he has confirmed it in another column today.
The Obama campaign confirmed it as well when they sought to deny it.
It's now been revealed that they spent five hours trying to figure out how to respond to this.
Because they were caught.
There was a man named Gary Sick, highly respected, at Columbia University back in the early 90s, who wrote a book filled with abject lies that George H.W. Bush had flown to Paris on the eve of the 1980
election, struck a deal with the Iranians to make sure the American hostages were held until after the election and then released when Ronald Reagan either had been elected or was inaugurated.
And the drive-by media and Tom Foley, the Speaker of the House at the time, this is before he started stealing food off of airline flights he was on when he retired, He said the seriousness of this charge is such that we must investigate it.
He said, despite the fact that there's limited evidence here, the seriousness of the charge means we must investigate it.
Well, we not only have a serious charge, we have confirmation of the serious charge.
There needs to be an investigation of what Obama was doing.
Now he puts this thing, I don't know when he put this together, this two-minute ad.
But if he put this ad together after this Iran story, uh this Iraq story came out, this is foolhardy.
Because there are enough people out there that are going to blow smithereens.
This whole concept that we need to get out of Iraq, we need to get out now, and we need to bring so that we can start saving money that we're spending in Iraq and spend here.
He wants to keep the troops of the United States in Iraq until at least 2011 or 2012.
He and why?
Because he wants to be able to claim he brought victory.
That's what all this is about.
Before Bush leaves office, if they can secure defeat, they'll do it.
If they could blame it on Bush, they tried for a year and a half.
But there's a guy that got in away at that name is General David Petraeus.
And they tried to destroy him as well.
So now that their attempt to secure defeat failed and hang the noose of failure around the neck of George W. Bush, now all of a sudden, what is Obama want?
He wants us to stay in Iraq, and he went over and talked to the Iraqis about it in violation of U.S. law.
And he wants to be able to thus get credit for bringing the troops home.
He wants to get credit for victory bringing the troops home.
It's all a scam, folks.
This is a great example of the fraudulent phoniness, total plastic but in a good time rock and rolling us.
That is Barack Obama.
Doing these things won't be easy.
But we're Americans.
We've met tough challenges before.
And we can again.
Stop the tape.
The biggest challenge, and I mean this from the bottom of my sizable beating heart.
Kboom.
Kaboom.
Kaboom.
The biggest challenge we Americans will face domestically will be if this guy gets elected.
It will be a battle to hold on to the private sector, capitalism and our freedom versus a bunch of people who want to socialize and nationalize this country.
And by the way, I have a couple of important monologues coming up on that subject as the program unfolds before your very eyes and ears.
Because we are on the highway and we are exceeding the speed limit toward the city of socialism, toward the nationalization of businesses.
And it's happening right before our eyes under the pretext of, we've got no choice.
These companies, we can't let them go south.
Too many people involved, there'd be too much pain.
We got to bail them out.
So the biggest challenge you and I will face will be stopping this guy and this band of liberal socialists that he's going to bring to Washington with him.
And we Americans are up to it.
But it's a damn shame we even have to be faced with this.
Here's more from this ad.
I'm Barack Obama.
I hope you'll read my economic plan.
Stop the tape.
Why should who are you telling to go read your who reads people's economic plans?
Why don't you, instead of doing a two-minute ad, go out and do a speech or show up and do a town hall and tell us the specifics of your stupid plan.
I'm Barack Obama.
And I hope you'll read my plan.
Yeah, you know what, Barack?
I hope people will read my radio show tonight, rather than listen to it.
I hope they'll go to my website and read my transcripts.
Why don't you tell us about your economic plan?
This is not a plan.
This is nothing more than a complaint of capitalism.
This is nothing more than an enemy's list of the people you intend to get even with.
And guess what?
They happen to include American corporations and employees of those corporations, the American people in general.
What economic plan?
You don't have an economic plan.
You've got change, change, change, change.
Change it.
Hobnobba with Hollywood last night for nine million bucks, barbarous dry sand, headlighting, that's change.
You said you didn't want to go back to the nineties.
You wanted to go forward.
You're heading backwards, sir.
You're backpedaling.
You're backpedaling as fast as Deion Sanders.
I approved this message because bitter partisan fights and outworn ideas of the left and the right won't solve the problems we face today.
But a new spirit of unity and shared responsibility will.
Unity and shared responsibility?
That sounds like socialism to me.
And by the way, sir.
Senator Obama, could you give us an example of unity that you have brought about?
Uh is your campaign team unified?
The Democrat Party unified, still got a lot of women out there don't like you.
Have you unified the Republicans to vote for you?
How come your preacher's so damn mad?
Your wife's mad all the time.
All these people you hang around with, you've got these wacko terrorists you hang around with, you've got these flake priests you hang around with.
They're all mad as hell.
Everybody around you is mad as they can be.
What unity?
What shared responsibility?
And by the way, outworn ideas of the left and right, your ideas are outworn, sir.
They absolutely are.
Ours aren't.
Ours are built on the foundation of individual freedom, individual liberty, and guess what?
Individual liberty and individual freedom are not outworn.
They never go out of style, Senator Obama.
And there are people in this country who will pay whatever price is necessary to hold on to their freedom and their individual liberty, even if the enemy that seeks to take it away.
People like you.
Let me just make it simple for you, folks.
This whole two-minute ad that is disguised as a presidential address to the nation.
And Obama's entire economic plan is nothing more than an attack on capitalism.
It is nothing more than that.
It is an attack and a complaint on capitalism.
By the way, Obama, I notice here that you want to give people another one thousand dollars.
Does that mean the stimulus package failed?
Didn't some of you people get a stimulus?
What was your check, Brian?
Did you get a check?
You d No didn't.
None of none of none of my ploys because where the we I pay them too well.
He didn't qualify for a student.
Did you get one, Snerdly?
I guess Sterling might underreport his income and re and get one.
Uh what did what were the people get?
Sixteen hundred bucks or something like sixteen?
No, it was more than six hundred bucks, wasn't it?
The top the top and it's all six hundred bucks.
Whatever it was, it failed, apparently because Obama wants to pass out another one thousand dollars.
Yeah, twelve hundred a couple.
Six hundred, okay, twelve hundred a family.
Does that include people live together, same sex, opposite sex?
Well, go and just move on with it.
You made the point.
Let me tell you something here, folks.
Obama is desperate.
That's what this ad's all about.
He's desperate to make everybody think they're on the brink of economic ruin.
Don't forget this.
The power of perception is crucial in politics.
Politics, you've heard Nickel Shea is often about perception.
And this is a great illustration of it.
Obama wants you to think that you were on the brink of economic ruin.
And not because of government's failure, not because of government's bad influences on the market, but because there's not enough government.
This is the insult.
This is the thing that infuriates me.
He wants you to think that the reason you're on the brink of financial and economic ruin is there hasn't been enough government.
Now the irony of all this is that the nation will face director circumstances down the road if the government does not reverse its current course, if it does not pare down entitlements, it's involvement in the private sector, its abuse of the taxpayer, and Obama's fix, his plan, his attack on capitalism would in the long run create the depression he claims not to want, and also claims that we are in.
Barack Obama would give us the depression.
Barack Obama and his appointees and his associates, Democrats, liberals on Capitol Hill in both houses of Congress.
You want a depression and you don't, then this is your team.
Now, I need to ask also another question here, just to give you something to ponder here.
Oil executives are once again being skewered by Democrats for being profitable, Obama in his ad.
Once again, they keep going back and forth.
It's either the big oil execs or the speculators.
Now that the oil price is down to what is it, 92 to 95 and looked at it today.
Now we're back to blaming big oil.
They want, they want you to pay more taxes.
They want you to be able to under the guise that you're going to be getting even with big oil.
But hey, look at let's let's compare big oil and the way it's operated to Fannie Mae and Freddie Mac and AIG.
Now, Fannie Mae and Freddie Mac and AIG, they're going to get taxpayer money.
Big oil gets investigated.
Clinton cronies are given millions of dollars from failed institutions like Fannie Mae and Freddie Mac.
Now let me ask you a question, based on what you know without me having to tell you what is the better business model?
Big oil or big mortgage.
Where is the real fraud?
Let the private sector succeed or fail.
Stop harassing Obama.
Stop harassing those who are productive, who are producing energy, who are doing it at an affordable price, who are fighting obstacles placed in their way by people like you.
Stop getting in their way.
You Democrats put on a huge big show, trying to slander an industry, making about 8% net after tax profit, all legally, while allowing Clinton laws and Clinton cronies to virtually rape the mortgage industry.
Maxine Waters threatened to take over the oil industry at a congressional hearing.
She let the cat out of the bag.
That's what socialists want.
And when they do, they're going to rape that sector too.
They'll destroy it just like they destroyed the mortgage business.
Same thing for health care.
You had the government in charge of your mortgages, folks.
You had the government making sure that people who could not pay them back got loans.
And all of that had effects in the private sector because when money got cheap, then a whole bunch of people decided to start buying three, four houses at a time, never live in them, just flip them.
And then it all went south because it always catches up with you at some point when there's no money to pay for outstanding debt.
So your precious liberal thinking, government, Democrats, and so forth, they gave you the mortgage crisis.
They gave you the plummeting value of your homes today.
They did all of this starting back in the 90s with the Clintons.
And they attack big oil for ripping you off.
They attract big pharmaceutical for ripping you off.
They attack big health.
Hell, they attack Walmart for ripping you off.
Again, look at Obama's enemies list, and you'll find it's likely the place you have a job, even if it is a small business.
And yet the very things that they have claimed to fix and to protect you from the tentacles and the poison of big oil, the very things they've taken over to provide you insurance, they have destroyed.
Your house has lost its property value because of people like Barack Obama thinking government can do it better.
They have raped the mortgage business.
They will rape the health care business if they get hold of that.
Any other business they try to nationalize, the same thing will happen, they'll botch it.
The lesson in the mortgage industry is that the government should be investigated.
The people at Fannie Mae and Freddie Mack should be investigated.
These this is what started all of this.
This subprime lending, getting involved in derivatives and packaging various kinds of financial products with leverage ratios of one dollar on hand versus $30 in debt.
Because they thought with the government involved, the golden goose would never be cooked.
But with Democrats in charge, look what happened.
Big oil is your enemy, Walmart's your enemy, big health is your enemy, big insurance is your enemy.
The place you work is your enemy, the place to provide you food is your enemy, your savior is the government, and they're the ones responsible for your home losing whatever value it has.
And they now want to be in charge of more and more of the things that you need on a daily basis.
And they'll box that too if you give them a chance.
We have an audio sunbite coming up in the next hour of Obama at his fundraiser.
He's repeating something he said here in West Palm Beach back in uh March.
Plus, folks, we are on the verge of becoming a socialist country.
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