It's Rush Limbaugh, firmly ensconced behind a golden EIB microphone.
Broadcast excellence continues on Friday.
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The email address L Rushball at EIBNet.com.
The McCain campaign yesterday announced that it was pulling out of Michigan.
Fine.
Leave Michigan.
You liberals in Michigan, you don't leave you people deserve what they vote for.
We've done everything we can to try to bail Michigan out, say not bail out, but say Michigan.
If you want to, if you want to vote for the same kind of people got you in the mess that you're in, go right ahead.
It's your state.
Do what you want.
Sarah Palin heard about this.
So we're going to pull out of there.
She didn't even know.
This is this morning in St. Louis.
I read that this morning also.
I fired off a quick email and said, oh, come on.
You know, do we have to?
Do we have to call it there?
Todd and I, we'd be happy to get to Michigan and walk through those plants of the car manufacturers.
We'd be so happy to get to speak with the people there in Michigan who are hurting because the economy is hurting.
Whatever we can do and whatever Todd and I can do in and realizing what their challenges in that state are, as we can relate to them and connect with them and promise them that we won't let them down in the administration.
I want to get back to Michigan, and I want to try.
Holy cow!
Hubba, hubba!
Duba, duba!
Now, Ms. Palin, while you're at it, could you also call Senator McCain?
Because she had a great answer on global warming last night.
Did you guys this this story cleared uh about six o'clock last night when I was in route?
I was in the I was in the skies.
It was in the wild blue yonder, headed west to San Antonio.
And here's the Stitcher Reuters story, McCain eyes potential treasury picks.
Oh.
So I read it, not surprised.
He's mentioning a bunch like Meg Whitman or um Warren Buffett.
Well, I'm not surprised, but can I get to the last paragraph of this?
Yeah, just when it's nothing, that's nothing.
Warren Buffett's nothing.
Asked if he would be a visible presence in international talks to reduce greenhouse gas emissions and replace the Kyoto Protocol.
McCain, who has clashed with fellow Republicans over climate change, said that he would do whatever is necessary to try to move forward.
McCain said he would involve former President Al Gore in efforts to address the issue.
I would tap Al Gore, said McCain.
I would tap people who have been involved in these issues for many years.
McCain noted he disagreed with the Nobel Prize winner about nuclear energy, but added, I have great respect for Al Gore.
Ladies and gentlemen, please do not turn off your radio.
Please, please don't abandon me here.
I should have given you ample warning if you hadn't heard about this.
That's why he is Al Davis.
He doesn't, he doesn't, he he has no clue.
He just literally has no idea.
It does.
I do not think that Senator McCain is in the tank for Obama, but I would be hard-pressed to prove it.
Very, very sad news, uh, ladies and gentlemen.
So while Sarah Palin is emailing the campaign after she reads that her own campaign's pulling out of Michigan, maybe she could have a conversation with uh Senator McCain about um this.
I want to hear this Palin bite one more time.
This is this is Sarah Palin wanting to save Michigan for the McCain campaign.
I read that this morning also.
I fired off a quick email and said, Oh, come on.
You know, do we have to?
Do we have to call it there?
Todd and I, we'd be happy to get to Michigan and walk through those plants of the car manufacturers.
We'd be so happy to get to speak with the people there in Michigan who are hurt who because the economy is hurting.
Whatever we can do and whatever Todd and I can do in and realizing what their challenges in that state are, as we can relate to them and connect with them and promise them that we won't let them down in the administration.
I want to get back to Michigan and I want to try.
That's just refreshing as it can be.
I just love it.
All right, we continue now with the audio sound bites.
Everybody was uh everybody talking about Sarah Palin and her gaffes with Katie Courick and so forth.
Can I play for you the biggest gaff in an interview with Katie Courick so far this year?
And it was not Sarah Palin.
The question from Katie Courick, we were with him last Thursday during one of the rockiest weeks in history for the U.S. economy, something that wasn't lost on the six-term senator.
Part of what a leader does is to instill confidence, is demonstrate that he or she knows what they're talking about and communicates to people.
If you listen to me and follow what I'm suggesting, we can fix this.
When the stock market crashed, Franklin Roosevelt got on television and didn't just talk about the you know the princes of greed.
He said, Look, here's what happened.
There wasn't television in 1929, and Roosevelt wasn't present, president.
That's a huge gaffe.
There have been countless gaps like this.
Oh, that's just Joe.
That's just the the evidence of just the monolithic dogma with which the drive-by media is pursuing electoral victory for Obama and as many other Democrats as possible.
Now we continue here with Senator Biden in the um in the debate.
Uh the McCain campaign last night put out an email blast of people.
I am not on their list.
Uh, but I know people who are that sentence meeting.
Fourteen lies, they say that Biden told last night.
We have some of them here.
From the debate last night, this is Biden.
That's just simply not true about Barack Obama.
He did not say sit down with Achmond and Najod.
All right.
Now, this is just a flat out lie, and they know that it is a weakness.
They know that they're vulnerable on this.
We go back to July 23rd, 2007, CNN's YouTube Democrat debate from the Citadel in Charleston, South Carolina.
A viewer named Stephen from California asked this question.
Would you be willing to meet separately without precondition during the first year of your administration in Washington, anywhere else, with the leaders of Iran, Syria, Venezuela, Cuba, North Korea, in order to bridge the gap that divides our countries?
I would.
And the reason is this that the notion that somehow not talking to countries is punishment to them, which has been the guiding diplomatic principle of this administration is ridiculous.
He said it.
We have the tape.
Biden was standing right there when he said it.
He's Ahmadini's I'm the leader of Iran.
Now, what they're trying to skate on, no Achmedina's on's not the leader of Iran.
And uh that's not what uh Obama meant.
No, no, no.
I mean, the leader of Iran, why that's that's uh that's the Malays.
This is how they're trying to skate out of this.
But he said it.
There can be no doubt about it.
I thought, Snurley, what did you think of the first sentence in the debate?
First ten seconds.
First ten seconds.
Here, here are the first ten seconds.
Nice meet you.
Hey, can I call you Joe?
Thank you.
Sarah Pale.
Hi, nice to me.
Can I call you Joe?
Thank you.
Pretty personable.
I thought, wow, she's a I got I got notes from people saying she looks like deer in the headlight eyes here in the first time.
I didn't see that either.
You know what it's like.
I'll tell you what.
I got a great analogy for those of you who were just scared, petrified going into last night.
And even the first ten minutes when you saw, I did not see her uh scared, I didn't see her deer in the headlight eyes, but a lot of people told me that they did.
And I know what it is.
I know what it is.
Imagine, ladies and gentlemen, that you are a fan of the Chicago Cubs.
You know your team's gonna lose every year.
Every year they're gonna lose.
You know it.
A few of those years they are going to make the playoffs.
And you go in there and you watch, and you just know they're gonna blow it.
The Cubs have made the playoffs.
They got blown out twice in a row by the Dodgers.
They're fans believe it.
But yet there is this hope that the team does so.
everybody goes in because of the Katie Courick interview, expecting Palin, who is representative of their team to blow it.
It's like every Super Bowl.
If your team makes the Super Bowl, you just know they're gonna bowl.
You just know the coaching gonna do something stupid.
You know the quarterback's gonna throw interceptions.
You just know it.
If you're a fan of Missouri University football, Missouri University football hadn't mattered for 40 years.
Now they're number four in the nation.
They played Nebraska on Saturday.
I, ladies and gentlemen, will be there.
I'm going back to Lincoln to see Mizzou, Nebraska.
Now, I am not expecting Mazuda Lucia.
I am not a pessimist, but people go into these things just expecting everything in the world to go wrong, and it didn't go wrong last night for uh for Ms. Palin.
Here is uh uh let's see, let's let's let's move forward number 18.
Right out of the box, I thought she connected here.
Uh Gwen Eiffel said the House of Representatives this week passed a bill, or didn't pass it, I should say.
The Senate decided to pass it.
The House is still wrestling with it tonight.
Uh as America watches these things happen on Capitol Hill, what was this the worst of Washington or the best of Washington that we saw play out?
Go to a kids' soccer game on Saturday and turn to any parent there on the sideline and ask them, how are you feeling about the economy?
And I'll bet you you're gonna hear some fear in that parent's voice.
The barometer there, I think, is gonna be resounding that our economy is hurting, and the federal government has not provided the sound oversight that we need and that we deserve, and we need reform to that end.
Now, John McCain thankfully has been one representing reform.
Two years ago, remember it was John McCain who pushed so hard with a Fannie Mae and Freddie Mac reform measures.
He sounded that warning bell.
I wait, I thought it was Obama that did that.
Obama's run around saying he sounded a warning bill.
McCain sounded a warning bell.
He also sponsored and supported legislation to do something about it.
It got turned down by the uh by the Democrats.
Now, Eiffel offered Palin a rebuttal to what something Biden had just said.
No, it doesn't matter what it is, and Palin pounced here.
Uh Eiffel says, Would you like to have an opportunity to answer that before we move on?
I may not answer the questions the way that either the moderator or you want to hear, but I'm gonna talk straight to the American people and let them know my track record also.
As mayor, every year I was in office, I did reduce taxes.
Now, as for John McCain's adherence to rules and regulations and pushing for even harder and tougher regulations, that is another thing that he has is known for, though.
Look at the tobacco industry, look at campaign finance reform.
So you have here uh uh Palin's, you know, maybe basically up yours, Eiffel, and up yours, Biden.
You know, I I'm through letting Katie Courick tell people who I am.
I'm through being filtered.
You may not like the way I answer these questions, but I'm gonna answer these questions to talk to the American people.
I just got the numbers on this debate last night, and it's stunning.
Over 10 million alone watched on CNN.
The audience for this debate last night dwarfed the bore fist between Obama and McCain.
Overall rating was a 45.0 much higher than the uh Obama McCain debate, which had a rating of 31.6.
The Baltimore market had the largest TV audience, a household rating of 59.1.
10 million.
Let me get the number for the CNN here.
Uh 10,685,000 voters alone on CNN.
Now that it also means that the doofus is watching CNN also got the most biased wrong, purposefully wrong analysis after the debate, because they had their own stupid little focus group, uh, and I I think it was unanimous for Biden.
And their commentators were unanimous for Biden.
Don't forget, David Rodham Gurgen out there repeating the talking point.
Well, Sarah Palin didn't find, but Joe Biden turned in the performance of a lifetime.
We'll be back.
Stay with us.
All right, let's go to the phones.
It is open line Friday, and I've been promising people we'll go to the phones, so we're gonna go to the phones.
We're gonna start in uh in Madison, Wisconsin, with Andrew.
Nice to have you on the program, sir.
Thank you for waiting.
Hi, thanks for having me on, Rush.
You bet.
Um, I went last night to uh I go to UW Madison, I'm a student here, and um I went last night to watch the debate at our student union.
So I was probably one of maybe two out of a thousand Republicans here that decided to go.
And um in this debate, right away at the beginning, I I was one of the people who said it felt like a deer in headlights watching it for her, and even the people around me who were the Democrats in the tank for Biden, loving it, thought that you know they felt sorry for her and all this.
But after she took control when she made that comment that you just played to the moderator, they started biting their lips.
They didn't know what to say anymore.
Halfway through the debate, some of them, a lot of them, started leaving.
I could really get the the consensus from these hardcore liberals here that they didn't like what happened at all.
And I think they know well, I got this feeling as I was leaving at the end.
A lot of them had the feeling in their gut that they didn't like because they like her now, and they wish that's the one.
Now wait a minute, wait a wait, wait, wait, wait, wait.
Now, this is this is very, very important.
You said the liberals walked out of there.
Yeah.
You said half of them or some of them walked out of there.
Oh, a lot, a significant amount left during the debate.
Why all of a sudden in their gut they didn't like her now they like her?
I would a typical liberal would hate her even more.
Oh, but she can talk to them.
And there were some girls around me that even said that.
They said, Wow.
I mean, she's a great speaker.
I really like her.
I mean, those are their exact words.
Even though they I mean, in my opinion, half the people here are mindless.
They don't know why they like Obama.
So when they hear things they do like, they don't understand why they're supposed to be disagreeing with her.
Do you know what I mean?
Exactly.
That's well said.
They don't know why they like Obama so when they hear things they're supposed to disagree with, they don't know why they should.
Yeah, exactly.
And I remember my mom bought me a subscription to Rush 247 last year so I could listen to your show.
And the first episode I got on my iPod was where you talked about Obama at the coal center.
I went to that.
I was on the floor watching it, and he signed a baseball, which I kind of want to burn up now.
But um, I think I was the only person there who realized he never said anything.
Hope and change, that's empty words.
He said it very well.
See, that's that was back in the magic days.
That's back in the Messiah days, saying nothing better than anybody had ever said nothing, at least in in my lifetime.
And this campus is cooled down for him.
He used to be evastered everywhere here, but now wait.
This is I you know, I'm I'm confused here.
I'm gonna go let me read you a couple media reports.
I'll tell you why I'm confused.
Okay.
First off, uh, let's see, what's this?
This is AP.
Uh Charles Babbington, the uh headline, meltdown GOP woes for GOP Grim Week in DC, elsewhere.
Nothing has exposed the depth of the party's problems and disarray more than this week's house rejection of a massive blah, blah, blah, blah, blah.
Goes on to say that McCain is abandoned efforts to carry Michigan once at top target, several key Senate races, uh, including those in Oregon and North Carolina show Democrat challengers making strong gains against Republicans.
And I can sum this AP story up by saying media to GOP drop dead now.
Washington Post, page A9.
Lobbyist hired by Freddie Mack to work on McCain is now Senator's aide by Matthew Musk and David Hilzenrath.
When mortgage giant Freddie Mack feared several years ago that McCain was too outspoken on the issue of executive pay, it pinpointed a lobbyist known for his closeness to McCain and hired him to work with the Senator.
Mark Buse, longtime McCain advisor, who had been staff director of the Senate Commerce Committee, signed on as a Freddie Mac lobbyist and his firm, ML Strategeries, earned four hundred and sixty thousand dollars in lobbying fees in 03 and 04.
Bughes is now chief of staff at McCain's Senate office.
You see, McCain pulled out of Michigan, Republicans are losing everywhere.
Yesterday, this race was officially said to be over.
All the polling data is trending Obama.
There's No hope.
Republicans should quit.
You shouldn't even go vote.
Now they've found somebody that Freddie Mac hired to lobby McCain, and now he's McCain's chief of staff.
This means McCain is corrupt.
Then there was this from the uh the uh Financial Times.
Here's the lead in this story.
Rush Limbaugh has been accused of many things over the course of his career, but this week marks the first time he's been blamed for a global financial crash.
Now, my my point here, uh Andrew, is that everywhere I go in the drive-by media, they're saying drop dead, GOP.
You have it a prayer.
The election's over.
And yet you're telling me that in the heart of liberalism in Wisconsin, you uh Madison.
Yeah.
That you're seeing some chilliness to Obama among the young skulls full of mush on the campus.
Yep.
They're they're completely losing their I mean, they used to love him here.
You'd walk down the streets and people would randomly be chanting, yes, we can, as if they're these you know, hypnotized mummies walking down.
Well, that's before football came to the football team started playing.
That's true.
But now, honestly, they used to have a ton of events.
They used to have their headquarters right on campus.
Their headquarters have had to move away a little bit.
The events have dwindled down, they don't have their shockings anymore, and McCain is starting to make a president.
But they still know how to slash the tires of Republican get out the vote vehicles on election day.
Don't sell them short.
We'll be back.
You sure that number?
This.
All right.
Well, the bailout bill passed the uh the House of Representatives.
Now, when the bailout bill passed, it was the final two sixty-three to one seventy-one.
And I'm told a hundred and eight Republicans voted against it.
The Dow Jones Industrial Average is hovering around two thirty to two fifty when it passed, and it spiked up.
Now it is free-falling.
It's down to one oh one.
It was at 175 just three seconds ago.
It was up to 230 or 250.
It the the thing is it's exactly what happened in the Senate.
The Senate passes a thing, and uh and the DJI went down 400 points.
Now it's uh it's up 102.
Nope, up sorry, up 93, just lost nine more.
As we give you the Dow Jones Industrial Average play by play here on the EIB network after oh uh eighty-four now, plus eighty-four.
We've there's a the obviously sell on the news has been sounded throughout Wall Street.
Sell on the news.
And people are selling on the down to 77 up, ladies and gentlemen.
And we're only up 77.
We're close to now having lost about 200 points today since Oop just went up to 79 since the House bailout bill passed.
Bill in Newcastle, Pennsylvania.
Welcome to the EIB network, sir.
Hello.
How are you doing, Rush?
Fine and handy.
Honored to speak to you.
I'm a Western Pennsylvania Steeler fan here.
Appreciate that.
Hey, uh, I I told your call screener, I am I'm I'm I'm I'm mad as heck and I'm worried at the same time.
We watched a debate last night, and this morning I had a discussion with some colleagues, and everybody pointed out about all the lies that Biden stated at the at the debate.
Nobody seems to care that these people are lying, Rush.
And that's what bothers me.
They're they're picking out little snippets, little song bites, little campaign slogans that they're going with.
They don't care that these people are lying.
And when you say they don't care, you remember the media or your friends?
My friends.
I I have I have some colleagues that are sort of like on the fence.
They're not really uh I I don't I I don't call them as as informed as maybe I am or whatever.
You know, I think I I learned the hard way that people don't care about that with Bill Clinton.
Right.
I mean, every other word out of his mouth was a lie, and people didn't care.
And in fact, the more we talked about how much Clinton lied, the more people got their backs up defending him.
But this is the problem, Rush.
I'm I'm this is what I'm worried about.
People don't care about issues, they don't care about people lying, they don't c care about their morals.
All they care about is these little song bites and these little snippets that these politicians are using, especially Obama.
People here and 95% uh of the people are gonna have less taxes.
People hearing a chicken in every pot.
And that's all they they they base their votes on.
Yeah, but that's you know, 95% of the people do not pay taxes.
Only about 70% of the people do it's impossible for 95% of the taxpayers to get a tax cut.
But but these people don't know that, Rush.
They're they're hearing that and they're saying I have to be one of those people, so that's why they're one of those.
It's one of my oft-repeated laments that ignorance is one of the most expensive commodities we have in this country's costing us more than we could probably calculate.
And you're you're giving a good illustration for it.
Rush, I live I live twelve miles from Ohio here.
I'm I'm north of Pittsburgh, about fifty miles.
And there's you know, there's talk that they're taking these people from homeless shelters and taking them down to the voting booth or having them register or whatever.
Okay.
You can register an early vote the same day.
Right.
In Ohio.
Yes, and and the same thing with the college campuses.
I have two kids in college.
The the call the grassroots uh organization that Obama's running, I think is just blowing McCain away.
And this is what I'm worried about.
Yes, it but the Democrats do this every year.
This they do this every presidential year.
Now buck up out there.
It's not over yet.
The fact that the Democrats have to do this is an indication of the actual weakness that they face in this country with genuine voters.
There are positive, but but Rush here here's my analogy.
You like to do sports.
Well, you know, it's it's like a football game.
We're in the fourth quarter.
Obama's throwing pl passes down the field, he's going for the end zone, and it seems like McCain's dropping back the punt.
And that's what it seems like the campaign's doing.
There's there's no excitement in in McCain's campaign from what I could see, and this is the what's gonna w is what's worrying me.
I I just don't know how to you know I I can't handle it, to be honest with you.
I can't handle it because you're gonna have to get a grip.
It's not time to panic yet.
I will tell you when it's time to panic, and it's not time to panic yet.
I understand how hard it is.
I understand how hard it d I told some people I did a little little uh barn burner of a speech in San Antonio last night.
And it is very, very clear that Senator McCain has decided on a campaign that doesn't give people reason to vote for him.
I mean, he went out at his convention.
You remember the big finale, his convention?
Yes.
Fight with me.
Fight with me.
Join me.
Join me.
Fight with me.
He's not fighting.
Right.
Sarah Palin goes up, there's only one man that's fought for you in this camp.
He's not fighting.
He's not now this is their strategy.
He's not giving people a reason to vote for him.
He could, but for some reason, you know I mean, you can you can talk about earmarks and um right.
But why doesn't he give why doesn't he give people a a reason not to vote for Obama?
Why doesn't he bring these things up about airs and aircraft and rains and everybody else?
I don't know.
That does frustrates me.
If I got within five miles of McCain headquarters, if I was driving around, they would send out the cops.
Uh I don't I do not even know where McCain headquarters are.
I cannot answer these questions Well, I could give you I could give you theories.
I think McCain just does not he wants to run what he thinks is an honorable campaign.
He does not want to be partisan.
Criticizing Democrats is partisan.
He does not want to be thought of as partisan.
He spans the divide.
I'll also give you this little tidbit.
McCain believes, or at least his people do, and he subscribes to it, but I think he believes that the campaign really doesn't get in gear until the last seventy-two hours.
That that's when people make up their minds.
And so the theory is that they're holding whatever they've got big gun-wise for the last seventy-two hours prior to the election.
I don't know if this is true, or this is just what somebody has.
Well, Rush, you had a caller, you had a caller a couple days ago.
A lady was frustrated because she couldn't get McCain signs, okay?
Yeah.
Uh our our Republican uh conven convention area in in our town just went up a couple of weeks ago.
Obama's had one arrow for a year.
That's just another example where I I just don't think he's being aggressive enough.
And this is what scares me.
Yeah.
You know, I mean Sarah Palin should be running for president.
I hate to say it, but I mean she she had more aggressive uh sound bites towards Biden yesterday than McCain did against Obama at their debate.
And I just don't understand where his game plan where his game plan is leading.
That's what bothers me.
So thanks for the uh the advice.
I understand that you know you're gonna tell me when to start panicking, but I'm panicking now.
Well, don't.
Okay.
Don't any of you people start panicking now.
Fear can be a good motivator, but panic isn't.
And if you now you you've got to stay involved out there.
You have you cannot get so dispirited that you think it's pointless to show up and vote on election day.
I I understand what you're saying.
But like I said, it just it's frustrating when, like I said, these people that I talked to about the debate yesterday.
Screw them.
They really don't care that these people talk to the You need to do then go talk to some people who do get it and find yourself some friends to hang around that you have something in common with.
Well, I have those two.
Well, hang around them for a while.
But it just seems like the majority of the people.
And then take those, then take those buddies of yours over to these uh ignoramuses and have a little conversation and have some fun with this.
Well, okay, you ding bets.
Well do some old Western Pennsylvania therapy on them.
Uh yeah, I know what that is.
I used to live there.
Okay.
All right.
Thank you.
All right, I appreciate that.
That's uh that's Bill in Newcastle, Pennsylvania.
Now you speak in here here's here's a great example of what he's talking about.
This is a story from uh the North Carolina.
Nearly half of North Carolina residents blame the Republican Party for the nation's economic crisis, according to a poll released today.
Elon University surveyed 400, maybe Elon, I don't know how that, I've never heard of it.
Uh surveyed 477 people statewide, big whoop, found that 47.7% felt the Republicans are more responsible for current economic problems compared with 24.4% who blame the Democrats.
There's a margin of error here, plus or minus 4.6 points.
Now this is common.
Republicans are perceived to be the party in power.
President Bush is in the White House.
But the Democrats for all these years have been pounding Bush economic policies, failed economic policies of the past, blah, blah, blah, blah, blah.
We've got this October surprise here with the bailout thing where it's now been turned around to Republicans' fault.
But let me ask those of you in North Carolina.
Do you know who runs Congress?
Do you know who has been in charge of Congress for two years?
Do you know who's responsible for the mortgage crisis?
Do you know, those of you in North Carolina, do you know who propped up failure after failure after failure on the basis of making sure that minorities and poor people who should have never been qualified to buy houses were not kicked out of them?
Do you know, you people of North Carolina, do you know who it was that made sure those banks, under threat of investigation, made those loans?
It's the Democrat Party.
To the extent that we've got an economic crisis that everybody's talking about here, you people in North Carolina, your Democrat Party gave it all to you.
If there was a Republican they could blame this on, I guarantee you you would have seen his face on television in front of congressional investigators for the last month.
But you can't.
We'll be back.
I'm thinking about this North Carolina poll.
I interviewed 477 people statewide.
That's not even one person per 7-Eleven in that state.
Alright.
Well, count the quick shops and the easy goes and uh all that.
It's not even how do you get some push-ball?
How in the world do you get a cross section of the state of North Carolina when you talk?
Oh, and folks, I really do not understand why all of you are so depressed.
I do not understand it.
Why right now I'm looking at day two of a bunch of smiling, yuckin' it up, laughing Democrats walk out, praise themselves on how they have saved the country by socializing the housing market, nationalizing the housing market.
And once again, I'm looking at Mayor Daly, and there's Barney Frank standing there.
I'm looking at Mayor Daly standing next to Al Capone saying we have cleaned up Chicago.
And they're just he with when these Democrats come out smiling like this.
Why in the world why why would you be depressed?
Why would you be down on the dumps?
Why would you be down on the dumps today when you learn that Senator McCain is going to put in his cabinet Warren Buffett, Al Gore, and Joel Lieberman?
Why would that depress you?
Why would you get depressed?
The market's tanking after the House passes the bailout bill.
Why would you get depressed when people don't care that the people that they vote for lie?
Why I don't understand why any of you would be depressed by any of this.
Why would you be depressed that McCain's pulling out of Michigan?
If Michigan wants to vote for a bunch of loser libs that have made their lives miserable, then let them keep voting for the loser libs that have made their lives miserable.
If they want to keep voting in Michigan for people who gave a recession, let them keep voting for people that gave a recession.
Why shouldn't that depress you?
Well, I don't understand.
Back to the phones.
Oh, by the way, one little quick story.
This is from uh the commentary uh commentary a magazine blog.
The FBI has raided the home of another Obama Chicago crony.
This one is uh somebody from whom Obama got millions of uh dollars earmarks for.
Uh this is not just a guy in Obama's neighborhood, as Bill Ayers is, according to Obama.
Larry Walsh, a poker buddy, and close political confident of Barack Obama had his home raided by the FBI.
Chicago Sun-Times reporting this.
Mr. Walsh, who served in Illinois Senate from 97 to 2005, was endorsed by Obama in his county executive election bid.
With the support of some of Obama's U.S. Senate volunteers, he easily defeated the Republican.
Corn farmer from Joliet, Mr. Walsh, has supported his friend's presidential bid, campaign for him in rural and uh and farming areas.
Obama, he got a lot of earmarks in there for Will County, which is the where the offices of Walsh are.
Walsh investigation may be tied to uh lobbying firm Smith Dawson and Andrews hired in 2006 for 10 grand a month to help Will County acquire federal grants, and they got them through Obama.
Now, this could be interesting.
It could lead to something.
Will McCain do anything with it?
I'm going to run an honorable.
An honorable campaign.
I have so much respect for Alcorn.
I want to tap his expertise.
He's won the Nobel Prize.
I'm not sure.
So buck up out there, folks.
There is absolutely no reason for you to be depressed today.
Larry in Pensacola, Florida, welcome to the EIB network.
Hello, sir.
Yeah, Rush, thanks.
Uh, I want to talk about this bailout a little bit.
I I'm really upset.
Uh, you know, I follow the markets and the economy very closely, and I've got a you know, I operate a small business, and this, you know, we may be in somewhat of a financial bind, but we're not in a financial crisis.
And in fact, this morning, before the House even voted, I mean, you see where Wells Fargo and Citicorp are nearly coming to blows over the right to purchase Wacovia.
Yes, and Wacovia is my bank.
Yeah, and Wells Fargo is the darling, you know, the big bank that has been smart, they've stayed out of trouble.
They're you know, they're the bank that Warren Buffett owns common stock in, and he has for several years, and he really respects them.
And you know, they would not be taking this kind of a risk where the were our whole uh capitalist uh financial system uh, you know, in dire straight.
But wait a second, Larry, there's something uh we don't have much time, and I want to get to an interesting point about this.
Because Wacovia thought they had a broker deal, a government broker deal with Citibank earlier in the week.
Correct.
Wells Fargo comes in with a with a better offer from the private sector, doesn't involve the government.
Wacovia says, huh?
The government says, Well, no, no, no, no, no.
We want you to do this.
The government is trying to make Wacovia take the worst deal.
Yeah, and We heard yesterday lay off of Wells Fargo stock.
Well, you know, the general consensus, as proven by the fact the markets are tanking this morning after uh after the House passes this turkey, is that you know it's not gonna help Wells Fargo.
But in fact, the guys at Wells Fargo, I did business with them for ten years.
They know what they're doing.
They're very, very analytical.
This is a good deal for them.
I know it is.
I know what they have been in business since the stagecoach days.
That's how far back they go.
It's still their logo.
Buying my bank in California.
By the way, I gotta run, Larry.
It's a great point.
I'm glad you reminded me of all that.
Um, I'm glad this bailout bill passed, actually, for one reason.
Look at this headline.
AP, as economy sags, so do faces and breasts.
We cannot have that.
Why do they keep saying a $700 billion bailout bill passed the House?
It isn't it the Senate version.
There's not going to be a conference committee on this, or conference report on this.