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Oct. 1, 2008 - Rush Limbaugh Program
37:32
October 1, 2008, Wednesday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Hey, folks, how are you?
Great to have you with us on the Fast This Week in Media, Rush Limbaugh here already Wednesday.
As we prepare, no, we have prepared, as we now execute three hours of broadcast excellence.
As always, it is great to have you with us.
The telephone number if you want to be on the program today, 800-282-2882, the email address L Rushbow at EIBNet.com.
Both Senators McCain and Obama made campaign rally appearances today before flying back to Washington to vote on the Senate version of bailout bill tonight.
Obama was in La Crosse, Wisconsin, and McCain was in Independence, Missouri, uh, close by the uh Harry Truman Library.
And McCain said, look, the blame game is for later.
We have to fix this.
I I don't know how you can address this without a fixing blame right now.
All of this talk about earmarks and inflated spending that Senator McCain talks about is is it doesn't connect without mentioning why we got here in the first place.
Obama was out attacking Halliburton, uh, usual left-wing Democrat riffs, and he was uh he was just all over the ballpark at blaming Wall Street, McCain blaming Wall Street and so forth.
And there may be some culpability up there.
There's probably enough blame to go around a lot of places, but the vast majority to blame for this lies right square smack dab in the heart of the place that broke it.
And they are now in charge of fixing it.
The Senate bill, by the way, we have posted a link to the Senate bailout bill at Rushlimbaugh.com.
It is 451 pages.
You might recall this whole thing started as a three-page outline written by the Treasury Secretary Henry Paulson.
It's now ballooned to 451 pages.
And I'll give you just a little bit of it here just from some from the from the beginning.
But first, something from um from Dement's office.
Uh apparently what the Senate is doing is adding some tax cuts, some tax breaks, AMT relief, and other things that are designed to appeal to Republicans in the House to get them to vote for this.
And the Democrats are adding a uh uh mental health and addiction bill named after the late Senator Paul Wellstone in order to attract Senate or House Democrats so as to put this thing over the top.
Now, Dement's office is what's all this have to do with the bailout?
Nothing.
But the tax package is quite popular with renewable energy incentives, largely supported by the GOP, and the mental health bill is popular and largely supported by Democrats.
So take the most unpopular bill in years, wrap it in two popular bills from the left and the right, and dare anybody to vote no.
The Mint's office says this is what the Senate is doing today.
Weren't the candidates in the Hill leaders just promising a few days ago that the bailout shouldn't be used as a Christmas tree for unrelated programs?
I read a post by Mark Stein today.
Claims that he found that there's an earmark in there for wool research or wool producers or some such thing.
I'm not sure if he means the he said the bailout bill.
I'm not sure if it's the bailout bill or the continuing resolution, just the government spending bill.
Uh regardless, uh, there's there's no question at 451 pages.
This Senate bill's got to be loaded with a bunch of stuff that don't have much to do with the bailout.
Here uh section two of the Senate bill purposes.
Purposes of this act are to immediately provide authority and facilities that the Secretary of the Treasury can use to restore liquidity and stability to the financial system of the United States.
Now, what exactly is the financial system of the United States?
And why does one man get the job of restoring it?
As if it needs to be restored.
For example, does this mean that Secretary Paulson can impose tax cuts?
Can he impose in uh tax increases?
Well uh the Secretary of the Treasury to restore liquidity and stability to the financial system.
Uh, Number two, purposes of this act, to ensure that such authority and such facilities are used in a manner that A protects home values, college funds, retirement accounts, and life savings.
Really, I think tax cuts would accomplish that.
But the Senate bill authorizes the Treasury Secretary to ensure the protection of home values, college funds, retirement accounts, and life savings.
The Treasury Secretary is part of the government.
He's not elected, but nevertheless, the government's going to insure all this stuff.
Now I take you back to the preamble of the United States Constitution, where it says protect the general welfare, not insure it.
Folks, there's a word for this.
It's called socialism when the federal government's going to ensure all these things for you.
And make sure that there's no risk and make sure that you're never going to lose any value here.
Which they can't do.
I mean, it physically, financially, it's not possible.
They could not accomplish this, but the fact that the bill says he's got the authority to do it, uh puts a l puts a lot of power, useless power, by the way, could do a lot of damage, but it nobody can guarantee the value of everybody's home investment or what have you.
What if you have a home that gets termites and you don't take care of it?
I mean, there's so many I mean, I give you all kinds of examples here that would make this impossible.
I don't know how any one person could do this.
What if I don't repaint my house?
What if I don't fix a hole in the roof?
Do I simply call the Treasury Secretary and say, hey, I need the hole and roof fixed, because the property value is going to go down here if I don't get it fixed?
And your job is to ensure this.
Well, my home is part of the financial system of the United States.
That's not defined either.
Uh section B of purposes number two preserves home ownership and promotes jobs and economic growth.
So the Treasury Secretary has the authority to preserve homeownership and promote jobs and economic growth.
Now, how do you preserve homeownership?
I'm not trying to be a simpleton here, folks, but the way you preserve homeownership is to pay your mortgage.
So does this mean that if you can't pay your mortgage, you call the Treasury Secretary and ask for a mortgage payment?
In order to ensure the financial system of the United States.
And I know it's happening, and this is the problem.
How's the Treasury Secretary going to create jobs?
Preserve homeownership and promote jobs and economic growth.
We're putting all this in the Senate bill, and the House bill did the same thing in the hands of one guy.
Now we know it's going to be Paulson through January 20th, but we don't know who it's going to be beyond them.
What if it's Franklin Reigns?
What if what if Obama wins and put Franklin Reigns in there as the uh as the Treasury Secretary?
How's he going to preserve economic growth?
If somebody had figured out the trick to that, there would never be any downward cycles, would there?
How in the w it cannot happen, folks.
It's simply not possible.
There are cycles.
And you can go to the little oxymoron here.
You can go to the best run, central planning governments, you go to Cuba, you go to China, you go to Soviet Union of the past, you can go to any of these places, and you tell me, go to Korea, go to North Korea.
You tell me where economic growth is constantly occurring, even in the capitalist system that we have or maybe had the cycles were ever present.
They are they're natural.
Who is this miracle man?
Why is he given the power to do all this?
This isn't his job, it isn't his business.
It makes me wonder what the hell country we're living in.
Section C of purposes number two.
Treasury Secretary has the authority to maximize overall returns to the taxpayers of the United States.
You know, I I've if this could work, if this did work, it would have been done throughout the course of human history, and nobody would have ever lost their shirts or anything else.
So we're now shareholders in the government.
We didn't elect this guy, so how is he accountable to us?
Can we fire him?
what kind of statement is this?
Maximizes overall returns to the taxpayer of the United States.
And finally, Section D, purposes number two.
The Treasury Secretary will provide public accountability for the exercise of such authority.
Well, we didn't elect him.
There can't be any accountability.
Anyway, this is what it is.
John Kyle was just on Fox saying it's going to pass the Senate tonight, that there's not any doubt about this.
They put the sweeteners in it for the House Republicans and the House Democrats so that they will pass it.
Both the presidential candidates received thundering applause when they announced that they would immediately be returning to Washington to work on this following their rallies and uh yada yada yada.
So at any rate, uh we'll we'll discuss all this in great detail.
Include your phone calls as well.
We've got a great audio soundbite roster.
In fact, let's start with this.
CNN ran a report last night on the Situation Room.
We have a montage of this report claiming that uh I am the one who stopped the bailout.
And if the president wants this thing to succeed, he needs to call me.
The correspondent here is Elaine Kihano, and she is speaking to their uh Republican consultant here in the peace, John Feary.
Screw the market.
Well, okay, I'll take that not screw the market, but let me tell you something.
When the government fails to pass a socialism bill, and the market goes south, let it go south.
On talk radio outside the beltway, Rush Limbaugh voiced conservatives' outrage over the 700 billion dollar financial rescue plan.
And with that anger channeled into no votes on Capitol Hill, President Bush is facing an open rebellion by some in his own party.
Well, I would say that uh, you know, you need to make a phone call to Rush Limbaugh.
And the inside game, the president can win all he wants, but if he doesn't win the outside game, and that's talk radio, people kind of saying it's a Wall Street bailout, it's very difficult for the president and an inside game to overcome those objections.
We're not saying it's a Wall Street bailout.
Nobody here is saying it's a Wall Street bailout.
In fact, guess what?
The political class in Washington is now, you know I've got a couple stories on this in the stack.
They're very concerned that the terminology here is what defeated it, that a bailout, uh calling it a bailout is what has led to you not liking this.
Well, they're supposed to call it a rescue plan.
We're supposed to call a rescue plan.
Well, but bailout has a specific definition of people, and it means we're gonna make some people who screwed up whole, and the bailout means that we who are suffering out here are gonna help those who screwed up and screwed us up.
We're gonna make them right, but we're gonna pay for it.
That's that's what the chattering classes think bailout means.
There have been a lot of people trying to convince me not to use the word bailout, and and rather refer to it as uh as a rescue plan.
But nevertheless, so the the drive-by-fact I didn't know about this.
I'm sitting at home yesterday afternoon minding my own business.
I'm doing show prep.
It's about oh five thirty, and I got an email.
Rush, rush, I'm at the gym, and they're talking about you on CNN.
What did you do now?
So what I assumed it was is that they were reporting the erroneous political story yesterday, saying that I had trashed the House Republicans.
Turns out this is what it is.
And last night, on Larry King Alive, he was talking with uh Republican Michelle Bachmann from Minnesota, who said the media is used to politicians who nuance their answers, or Bill Clinton back in the days when he wouldn't give a straight answer.
That's what they're used to.
Uh that they aren't used to somebody who speaks their mind and is straightforward.
And she's saying it, this is why the media doesn't like Sarah Palin.
When you refer to the media, which media?
Well, we all call the liberal Eastern establishment of the President.
Rush Limbaugh's the media.
So when you say the media, you include Rush?
What I'm talking about is the gotcha media.
There's gotcha media that are looking for a leftist candidate.
The media that loves the leftist candidate and can't stand a conservative candidate.
Yeah, Larry apparently is unaware that uh the AP has uh well, uh somebody working at some major drive-by newsroom has sent out a note saying that they're that wherever this person works, and it's a major outlet that they're openly cheering Obama every time they see him on TV, that they're investigating uh Palin in Alaska, that they're investigating uh uh what's her face uh uh uh Palin uh McCain in Arizona.
Uh and of course, th this this thing, we're gonna get to this.
I know this thing with Gwen Eiffel.
Who's got a you talk about a conflict of interest, and nobody on the left thinks there is one.
She's moderating the debate tomorrow night.
She's got a book coming out on inauguration day about Obama and what his election means for the United States.
She is openly in the tank for Obama.
She was snarky to Sarah about Sarah Sarah Palin's uh acceptance speech at a Republican convention.
I mean, this is just a I tell you what they're gonna do.
The debate commission would never think of pulling her out of the debate.
Oh no, no, whether we'll she'll get a disclaimer at the beginning saying that she's fair and balanced and uh he's objective and and all that.
We we should not worry about this.
This is much ado about nothing.
I have some suggestions for Ms. Palin for this debate tomorrow night, given Gwynne Eiffel and her obvious pro-Obama leanings.
At any rate, a quick time out, we'll come back.
All of this on tap today, plus much more, so sit tight.
Snurdley asked me the difference.
What's the difference in a bailout and a rescue?
Well, in a rescue, if somebody drowns, it's called a tragedy.
Right?
And somebody's gonna drown in this rescue.
Somebody these these government bailouts, these rescues never ever accomplish what they claim they're going to accomplish.
Anyway, guess what NBC did last night?
NBC Nightly News.
They sent a reporter to Hanoi to find McCain's Hanoi Hilton torturer to see if the torturer would confirm McCain's version of what happened.
I am not kidding, ladies and gentlemen.
I'm not kidding whatsoever.
A new law has been reached.
They also claim, by the way, that they've sent people to Chicago to find out about some of the things about Obama, but I'll be damned if I've seen it.
And they didn't uncover anything.
We have two sound bites to illustrate this.
Brian Williams portion of the report from correspondent Ian Williams.
Levan Lois helped drag ashore a badly injured John McCain after his Skyhawk bomber was shot down, and he parachuted into these shallow waters.
Everyone was excited because we got the pilot.
Some people were shouting, beat him.
But Noyan Titan, now 81, took control.
A nurse at a nearby clinic.
She put splints on McCain's broken arms and legs and gave him antibiotics.
In his memoir, McCain says she saved his life.
Most people didn't say anything.
But one old man with a stick said, You're saving the enemy.
I told him I was a nurse.
I had to save lives.
Then, shockingly, ladies and gentlemen, shockingly.
They tell us that the Hanoi Hilton prison director disputes McCain's recollection of torture.
They portray a Hogan's heroes type situation.
Here is Ian Williams continuing his report.
McCain has given graphic accounts of beatings and torture in a prison system he's called an extension of the battlefield.
Tran Trong Doyet, the former prison director, remembers it differently.
During office hours, I would call him to my office and we would have fierce debates about the war.
But after hours, we would talk as friends.
He says McCain helped teach him English, giving impromptu tests.
What remains of the Hanoi Hilton has been turned into a museum with plenty of space devoted to their most famous prisoner.
But most Vietnamese have now moved on, as has John McCain.
The possibility of a McCain presidency hasn't heightened curiosity about his story.
In this overwhelmingly young country, the memory of the war is fading like the ancient facade of the Hilton.
So McCain, now they'd talk his friends and have fierce debates here after the uh about the war, then they then they chatted up his friends, and then McCain helped teach him English, giving Impromptu tests.
Then why did the guy need a translator here for the NBC report?
Why didn't he speak this English that McCain supposedly taught him?
But just the premise of this.
To go back and talk to communist prison guards to try to get and verify McCain's version of events.
Let me ask this folks.
Did they go to Cambodia to interview any of the soldiers about John Carey's claims?
They didn't.
They just defended Carey and they attacked the Swiftboat guys.
Did they go to Chicago to delve into Obama's ties to terrorists and real estate frauds?
No.
And did they go investigate his ties to the church?
No, and they still have not done that, and they won't.
Did they follow up any on any of Joe Biden's lame brain claims during his long and non-illustrious career?
No, they did not.
They have not, and they will not.
Well, they have to go back to Hanoi and check and see if McCain's version stands up to what the North Vietnamese torturer remembers.
No mention of torture in this report.
None whatsoever.
Just this impression, hey, you know, we'd have fierce debates about the about the war, and then we'd uh then we'd uh talk as friends at the uh at the end of the day.
I I I must yeah, yeah.
In fact, if he leads injuries, he must have fallen down while he was here because I we we we here don't remember inflicting any torture on now.
This was not said, but it was not even uh not even addressed in the report.
Bill Clinton here in Florida right now, campaigning for Obama, trying to get the cracker boat, as he said, back in just a sec.
By the way, folks, this uh NBC report uh last night on the torturer of John McCain.
This actually is a recycled piece originally done by the BBC in July.
Andrew Harding from BBC News went over to Vietnam and uh talked to this torturer who claims that he's a supporter of Vietnam or of McCain.
He'd vote for McCain if he had the if he had the chance.
But there's this little passage in the story of the BBC.
So is uh is the torturer implying that Senator McCain lied about his treatment of the Hanoi Hilton?
He did not tell the truth, says the torturer, Mr. Diet.
But I can somehow sympathize with him.
He lies to American voters in order to get their support for his presidential election.
But Mr. Diet's propaganda perfect version of events is impossible to verify and should be treated with caution in a country where the communist authorities still keep uh tight control over the media.
Well, that the BBC at least specifies that we can't verify what the torturer has told us, other than McCain is lying about this in order to get elected president, but NBC didn't include that.
I'll tell you this, it is it is journalistic malpractice.
There is absolutely no doubt that journalism today has ceased to exist.
There is no journalism today.
There is pure 100% advocacy-oriented agendas.
And it and they're making no secret about it whatsoever.
This is search and destroy both McCain and uh and and Palin, and I don't I don't know that McCain has any idea what's going on.
I don't know that he has any idea what's what's hidden him out there because there's a way to respond to it.
You don't have to complain about the press.
You just have to tell the story they're not telling.
You just have to get out there and say that you know, get fill the holes that they're leaving out, leaving empty.
Back to the audio sound bites here.
Here is Obama yesterday in a Reno, Nevada on the campaign trail.
Now is the moment for us to come together and put the fire out.
I mean, think about it.
Think about it.
If if your neighbor's house is burning, you're not gonna spend a whole lot of time saying, well, that guy was always irresponsible.
He always left the stove on.
He always was smoking in bed.
All those things may be true, but his house could end up affecting your house.
And that's the situation we're in right now.
We've got to make sure that we put the fire out, and then we'll Start making sure that these folks stop leaving the stove on.
So here's Obama basically saying he sees a fire.
He sees the fire and he says, Somebody put that out.
Somebody put that fire out.
He's not the guy to run get the bucket of water.
He sits there and wants to focus on the guy whose house started on fire.
Maybe why, but we don't have time to blame the guy yet.
We'll blame the guy later.
In the meantime, somebody put that fire out.
He keeps saying, let's put the fire out, but he does nothing.
Listen to this same rally yesterday, Reno, Nevada.
I will be calling members uh and getting their ideas.
The the main thing is to just move away from this hyper political uh uh environment and recognize the house is on fire.
Let's put the let's put the fire out first and then we can figure out uh what caused it.
We know what caused it.
This is so folks, this is infuriating.
It's maddening.
We know what caused it.
We know people like Obama and Acorn.
And by the way, in that preamble here to the uh to the Senate bill, preserve housing, and so what does it say?
It says uh preserve homeownership.
If that isn't a toss to acorn, I don't know what it is.
This is obviously meant Project Hope.
This is this is obviously aimed at preserving minority homeownership.
That's its code language for this.
It's preserving homeownership for people who can't pay for it.
Pure and simple.
The Senate bill has that in there.
And Obama sits there and says we gotta we don't figure out what caused it.
know what caused it, and in order to prevent it happening again, the same people that caused it cannot be involved in the fix, and yet they are.
Investors Business Daily today has just a great, great editorial, should Congress be perp-walked.
They do say that a federal grand jury in New York is probing the accounting shenanigans at Fannie Mae and Freddie Mac.
It's about time.
We hope it doesn't end there.
But do you remember the early 2000s, when companies such as WorldCom and Enron, Tyco, Xerox suddenly and spectacularly were revealed to have been cooking their books?
Remember the glee expressed by Washington politicians, especially Democrats, as they watch CEOs and their underlings get perp-walked out of their buildings and into federal custody?
Enron became the poster child for corporate misdeeds in the accounting crisis of 2002.
Ken Lay, the CEO, was one of the most loathed human beings on Earth, and no, that's not an exaggeration.
Here was California Attorney General William Lockyer, one of many Democrats on the national scene who gloated at the downfall of Ken Lay and others.
Quote, I would love to personally escort Lay to an 8x10 cell that he could share with a tattooed dude who says, hi, my name is Spike, honey.
Lockyer wasn't the only one swept up in a spiteful prosecutorial frenzy.
Sure, some of the prosecutions were deserved, but some were excessive, part of a corporate witch hunt.
As noted in a 2003 study by Kathleen Brickey, a Washington University law professor, the Justice Department brought 50 major fraud prosecutions from March 2002 to August 2003.
An estimated 90 corporate officers were involved, a lot of prosecutions.
Democrats wasted no time calling this a Republican scandal, tarring any Republican official with charges of corruption for taking so much as a dollar from any of these companies.
Never mind that Democrats were also prominent on the political gift lists.
Fanning the fire were news media highlighting Republican ties to scandal-plagued firms while all but ignoring Democrat links.
Here is how James Lockhart III, head of the Office of Federal Housing Enterprise Oversight, described the two companies back in 2006 before the meltdown occurred, Fannie and Freddie.
And we mention all this, by the way, because we have an opportunity, thanks to this New York grand jury, to maybe probe the greatest financial crime ever.
Do you understand, folks, that Fannie and Freddie dwarf Enron and WorldCom in size and scope?
And that's why we're fit to be tied here.
The Democrats in Congress can happily frog march Ken Lay all the way to jail.
And everybody else that they wanted to tar and feather because they thought Lay was only contributing to Republicans.
He contributed large amounts to Bill Clinton, too.
But when it comes to Fannie Mae and Freddie Mac, government-sponsored enterprises, ladies and gentlemen.
Why?
Oh, no, no, no.
We're not going to investigate here.
We're not going to...
The Democrats...
the uh differences here are stark, and by treating Fannie Mae and Freddie Mack as victims, we are only going to perpetuate all of this unless there is accountability.
James Lockhart described the two companies, Fannie Mae, Freddie Mac before the meltdown occurred this way, the results of uh Fannie and Freddie's rapid growth unconstrained by market forces, and a weak regulator was years of mismanagement, flagrant earnings manipulation and systems and control problems.
Managements of both companies were forced out, earnings were misstated by an estimated sixteen billion, fines exceeding one half billion dollars were imposed, and remedial costs will exceed two billion dollars.
Yet the Congress did nothing.
Fanny and Freddie continued to enjoy a virtual monopoly of the housing finance market, holding nearly half the nation's twelve trillion dollars in mortgage assets in 2007.
Fanny and Freddie are nothing more than Democrat Party piggy banks.
They are nothing more than interests and instruments of seeing to it that the Democrats can buy vote after vote after vote from people they can put into houses who cannot pay for them, who are then going to be protected and will be allowed to stay in these houses.
What with his new bill?
The bailout, the rescue, whatever you want to call it.
What happened to Fannie Mae and Freddie Mack's top executives?
Almost all with deep ties to the Democrat Party.
Did they get perp walked to prison like Bernie Ebbers, Kozlowski, John Regis, Sam Waxel, Ken Lay?
Nope.
As you know by now, Jim Johnson, former Walter Mondale aide, became head of Barack Obama's vice presidential search committee, Franklin Reigns, who headed Fannie from 98 to 2004, the years of its worst excesses, pocketed nearly 100 million dollars in pay and bonuses.
He too became an advisor to Obama.
Other Fannie Freddy alumni did equally well.
Rahmanuel has been front and center in crafting a new rescue bill.
Ex-Clinton justice official Jamie, her name is everywhere.
I don't care where you find a Democrat scandal and something that has blown up in our face.
Be it intelligence prior to 911, be it Fannie Mae, Freddie Mac, Jamie Gorellic is everywhere.
Who does she have pictures of with the goat?
Barney Frank, Chris Dodd, repeatedly thwarted reforms, yet they are front and center.
As Democrats try to fix a problem they created, that's why blame's important, Obama.
That you little squirrel, that's why these things cannot be fixed without attaching blame.
Of course you want to shove the blame down the road because you know once this gets fixed, quote unquote, everybody breathe a sigh of relief and forget about the blame.
We won't.
There's a lot of evidence that Fannie Mae Freddie Mac had become little more than taxpayer-guaranteed front companies for Democrats who use them to reward supporters with the cheap loans and to provide jobs for out-of-work politicians.
Now, Obama, back to him for one more soundbite.
This is in Reno yesterday, and uh reporter John Berman of ABC News interviewed him.
He said, Look, you're a very persuasive man.
You have a certain amount of influence with your own party.
Could you have done more?
Should you have done more before the House vote yesterday to lobby for votes?
Now listen to this answer.
Oh, absolutely not.
Uh because if you think about it, there was a deal struck between the uh Nancy Pelosi and uh the Republican leader, Baehner.
Uh the Democrats were supposed to get 120 votes.
They got 140, so there was no sense on the Democratic side that we weren't following through on our commitments.
Uh and apparently there were some problems on that side.
I don't think me calling House Republican members would have been that helpful.
I tend not to be that persuasive uh on that side of the aisle.
Wait a minute, Barry.
You're the great unifier.
You're the guy who can bring everybody together.
You didn't want to call the Republicans.
You didn't want to call a Republicans because you're you tend not to be that persuasive on that side of the aisle.
By the way, his description of the setup of this is entirely wrong.
It's so wrong.
And he's got to know how wrong it is that this has to be a lie.
Democrats were supposed to get 120 votes, they got 140.
No sense on the Democrat side that we weren't following through on our commitments.
This bill in the House was set up by Pelosi to fail.
She wanted it to fail.
She wanted to create an election year issue.
Trumping the Republicans.
She's getting creamed, by the way, in a lot of drive-by media outlets for her lack of sense, lack of leadership, lack of ability, lack of competence.
Not a whole lot, you know, a few indiscriminate newspapers here and there.
I gotta run a quick timeout.
We'll be back and continue right after this.
L Rushball, the old knowing, all caring, old sensing, old feeling, all concerned, Maha Rushi.
Serving humanity, executing assigned host duties flawlessly.
And now we go to the phones, we'll start in Berlin, Vermont.
This is Chris.
Nice to have you on the program, sir.
Hello.
Hi, Rush.
What an absolute honor, Mega.
Firefighting golf playing dittoes from Vermont.
Thank you, sir.
So I was listening to your cut of Mr. of Firefighter Obama, and I thought it odd uh or telling about the Democrats that uh when they go to put out a fire, it's because it might impact their house, not because it might save somebody's life or it's the right thing to do.
Well, here's the thing about Obama's little example here.
You have a house on fire.
Obama says, put it out, put out the fire.
That's always a good idea.
I think you'd agree with me there, Chris, as a fire putting a fire out's a good idea.
But there are still some arsonists running around the neighborhood.
And they got gasoline and they got matches.
Amen.
And it just so happens, Barack, they are your supporters.
And they are members of your party.
Your party is starting the fire.
So you can sit there and say, put out the fire.
You can say, somebody get some water.
You can say put out the fire.
But until we get your supporters to stop setting the fires, Obama, we're going to have continual problems.
If we don't catch the people, the arsonists, and stop them, more houses are gonna burn.
You get it, Obama?
He doesn't get it, Rush.
But he is also my point was he's not wanting to put the fire out because it's the right thing to do.
He wants to put the fire out because it might it might impact his house.
Yeah, uh I can see where you could get that from uh from what he said, but he that that's that's his technique of uh trying to let people know that he's concerned about their house.
Yeah.
I don't buy it.
Not his.
But don't think he doesn't know what he's doing in this regard.
Let me tell you something.
Look at me.
Every Democrat involved in this mess, and I can you know the names.
Dodd Frank, Pelosi Durbin Schumer, Reed, Reigns, Johnson, Obama.
They all know who's responsible for this.
Every damned one of them knows they are.
That is why they are hellbent to shift the blame here to Wall Street, or as Obama did today, Halliburton.
They are hellbent on convincing as many people as possible, and they have the drive-by sycophant media marching in lockstep with their spin on this.
They know full well who caused this.
The real thing is they don't care.
They don't care about the damage that's been caused here.
They don't want to lose the positions of power they have over these two institutions.
They don't want to lose these institutions.
Fannie Mae Freddie Mac.
They do not want to lose the political financial power that they have by controlling these two places.
They know full well what they've wrecked.
There's no remorse.
There is no apology.
There is just the shifting of blame.
Everything these people try to fix, they make worse.
This is Frank in Orlando.
Hello, Frank.
Great to have you on the EIB network.
Hello, sir.
Rush, Rosh, what a Pleasure to talk to you.
Thank you.
Um, I have three children, and my wife and I are both working two jobs to pay off mortgages.
What message are we sending out to those people who are working seven days a week to make ends meet, to pay their mortgage, and now I'm not getting a bail a bailout, I'm not getting a handout.
What message is the government sending to all of us?
Well, uh, you want to you want a truthful answer to this?
Yes.
The government's saying to you, deal with it.
You're part of a majority.
We gotta help low-income and poor people who can't afford houses stay in them.
It's only fair.
It's not right.
You should be able to pay for a mortgage and they shouldn't be able to have a house.
So you keep paying yours, otherwise we'll foreclose on you.
You keep paying your mortgage and you keep paying your credit card bills, you keep paying all this debt you piled up.
But these other people, they've been treated so badly for so long, they're not well thought of.
They're the dregs of society, but they vote for us Democrats, and it's just not fair that they don't have homes and houses and cars and so forth, and we're gonna see to it that you, because you've had an unfair advantage as a member of a majority all these years, you're gonna pay to make sure that they get what you have.
That's the message to you, buddy.
If you can deal with it, we'll be back after this.
Hey, Obama!
Hey, Obama about your house on fire.
The Republicans are the ones that were screaming fire, and the Democrats are saying we don't need no water.
We don't need any water to let them burn, let them burn.
We were the ones screaming fire.
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