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Oct. 6, 2008 - Rush Limbaugh Program
36:29
October 6, 2008, Monday, Hour #2
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Thanks, Johnny, and thank you, Rush, for giving me the call here on the one day off that Rush will have.
He'll be back at the Golden EIB microphone tomorrow, and that leaves two hours for us to get together and solve whatever problems we can solve today, or at least discuss the ones we cannot solve.
And the list of those seems to be growing ever longer.
Hey, let's see how that bailout is doing for you this hour.
Dow now down 510.
The Dow tanking today.
And look, and the point is, I know it could all be back tomorrow.
I know it could all be back tomorrow, and then some.
Down 400, down 700, up 300, down 400, up 200.
That is the new norm for the Dow.
That is the way things are for the Dow these days.
And that is reason number 5212 why the bailout was totally unnecessary.
These markets of ours have a resiliency that was tested mightily in the weeks and months following 9-11.
And they passed with flying colors, flying colors.
One of the lasting tributes to the Bush economy.
Yes, I said tributes to the Bush economy.
One of the lasting ones will be that his pro-growth and tax cut policies kept this economy strong in late 2001 and 2002.
A lesser economy could have buckled.
It is an economy strong enough to withstand this.
It is strong enough to withstand even a long-dug hole of unwise credit.
What an insult to the American economy.
What an insult to foist on the American people a $700 billion bailout that was completely unnecessary.
And I knew it more with every passing day that it was unnecessary.
Every time some Wall Street wizard or Democrat or Republican power broker stepped forward to tell us as if an asteroid was hurtling toward the earth, we must fix this now.
We must fix it today, tomorrow.
My own congressman happens to be a representative, and by the way, a fine OBGYN, Dr. Michael Burgess, here in the wonderful land between Dallas and Fort Worth, the 26th District of Texas.
And he said that just not just for us, but for the American people, put this thing online.
Let everybody read exactly what this bailout says.
Let's see what people really think about it before we turn around and pass it a few days after saying no to it.
Do you remember the excitement?
Do you remember the spring in Rush's step?
Let me tell you, on the local show that I do here in Dallas, Fort Worth, I was a Twitter with glee.
I got to find a better way to put that.
A Twitter with glee, not quite manly enough.
I was thrilled.
I was pumped.
I was stoked.
There, that's much better.
That people in Congress had actually shown spine to standing up to the president and to the leaders of both parties.
There's Nancy Pelosi and John Boehner.
And I love John Boehner.
God bless all y'all who keep returning him to Congress in Ohio.
That's a good guy.
But all of these folks, they were drinking the bailout Kool-Aid.
Oh, we must do this.
We must do this.
We can't do nothing.
What a false choice that always was.
What a false choice.
Nobody was talking about doing nothing.
In fact, the free market plan to get out of this mess is more ambitious than the bailout.
It's just ambitious with the sweat of the American brow.
It's ambitious with the energy of the free markets instead of just being ambitious with hundreds of billions of dollars of tax money from people who are not at fault.
So as we begin this hour, let's just There is a wisdom in realizing the difference between the battles you can win and those you cannot.
What's that wonderful thing that's embroidered in everybody's house somewhere, the power to change things that I can change, the serenity to accept what I can't change and cannot change, and the wisdom to know the difference.
Well, there's not much we can do about the bailout now.
It's done.
But I will tell you that it is an open, seething wound to me that Senator McCain did not step forward as a real Maverick, as a real voice for change, and stand up and say, and this wouldn't even require political courage.
Usually being a Maverick requires political courage, going against the tide of your party or against the tide of your country.
This would have been with the tide of his country.
Do you know what kind of a standing O McCain would have gotten if he'd have stepped out and said, listen, I understand that Ben Bernanke and the Treasury Secretary Hank Paulson and the president of my party and the congressional leaders of my party all want me to sign on to this goofy bailout.
But guess what?
I've consulted my own conscience, my own brain, my own heart.
And oh, by the way, two-thirds of the American people, and I'm here to fight it with every breath I take.
Can you imagine the thrill that would have washed across all of our time zones?
Republicans would have been absolutely gleeful.
And more than a few Democrats would have said, wow, I don't really like the bailout either.
You know, I'm not real thrilled with Obama.
This McCain administration might be some people I can hang with.
So forgive me a little if I dwell, and if you want to dwell for a little bit, on a horrendously missed opportunity.
Now, before we go to phone calls again, let's establish a new subject line here.
We've talked a lot about Governor Palin.
The story on Governor Palin is as follows.
Her coming out party in St. Paul, I stood at the foot of the stage there in St. Paul and I looked around.
And listen, obviously, you're in a room full of Republicans who are just apoplectic with happiness.
And we were just loving life.
And after that, it kept going.
Actually, the story actually starts in Denver.
I've covered both conventions since 1996.
And boy, there have been some adventures.
Clinton and Dole in 1996, Bush and Gore in 2000, Bush and Kerry in 2004.
And this year's amazing trips to Denver for the Democrats and to St. Paul for the Republicans.
But before any of us even got to St. Paul, before anybody set foot there in the gopher state, we were treated to the Barack Olypse, the styrofoam parthenon behind his head there at Invesco Field at Mile High.
I stood there Thursday night.
I did a bunch of coverage.
You might have heard some of it on various ABC radio network stations.
I got to Gil Gross at KGO in San Francisco and Roque at WLS in Chicago.
They took three talk show guys and wisely or unwisely gave us all microphones and little Spaceman headsets.
And we all got deposited out on the floor of the conventions every single night.
It was unbelievable.
And so at the Democrats, that means I got to see the Ted Kennedy Tribute and the Hillary Clinton night and the Bill Clinton night and then the Barack Olympics Thursday night and Invesco Field at Mile High.
And that was supposed to be one of the earth-shattering moments of political history.
And having beaten on Peggy Noonan in the last hour, who has a great book and is a wonderful woman, but as totally the wrong take on Sarah Palin and the wrong take on the war.
But it was Peggy Noonan who said it best the following morning after the Invesco Field at Mile High speech by Barack Obama.
Remarkable setting, unremarkable speech.
I think she referred to it as a floppoline.
I don't know.
I don't know if I'd go that far.
And even if I did, I certainly wouldn't phrase it that way.
But it really was.
I mean, I will forever remember the sights and the sounds of Invesco Field at Mile High.
And before Senator Obama even came out.
I mean, wow, there's Al Gore.
Oh, holy cow.
Oh, you should have felt the waves of love from this crowd that rained down on the head of Al Gore.
Also, I have to thank the Obama campaign because I never thought that I would get to see Stevie Wonder live.
And I did.
Thanks, guys.
And then Cheryl Crowe comes out, and I love, I like her too.
You got to do that compartmentalizing, man.
You've got to do that compartmentalizing.
Although I may be about done with Springsteen, I really may be about done with Springsteen.
If Springsteen gets up in my face anymore with this war-hating, troop-hating, bush-hating pap, I don't know.
I'll probably keep my old copies of The River and Asbury Park and all that good stuff.
But you can pretty well have the boss lately.
Anyway, I digress.
So we're standing there at the Barack Olympics, and it truly was incredible.
The sights and the sounds of that will be with me forever.
But do I remember a word that Senator Obama said?
Not so much.
And if you're thinking, well, Mark, that's just because you disagreed with what he said.
Well, let me take you back a few months there, spunky.
Let me take you back to Iowa and New Hampshire.
I was working my way through the snows of both of those states doing some broadcasting back here to Texas.
And I will tell you, I stood in small halls and medium-sized halls watching Barack Obama weave magic.
And I watched him as he won the Iowa caucuses and then almost won New Hampshire.
That was the little turnaround, the Hillary moment that gave us the race that turned into Operation Chaos.
Thank you, Rush.
But to watch Barack Obama work a 300-room hall in Manchester, New Hampshire, or work a factory outside of Des Moines, Iowa, was to see greatness.
It was a masterful performance.
And standing there in those rooms in the bitter cold of January of this year, almost gone by, you could think, wow, maybe this guy is what he says.
Maybe he is post-racial and post-political and genuinely special.
Well, a few months later, we learned that he was absolutely thoroughly political, thoroughly racial, and thoroughly ordinary.
So, no, the Barack Obama of Denver was very different than the Barack Obama of January.
So, he had become ordinary.
He had become a political hack.
He had become an attack dog there at the Barack Olympes.
And the following morning, I know they envisioned that the world would be in a collective swoon over what had happened.
Well, the following morning, most of us scarcely remembered having been there because the following morning, Friday morning of the Denver Democrat Convention, after it was all done, that was the morning that Governor Palin was trotted out there in Ohio as the McCain running mate.
And that changed everything.
So the plot line since then has been euphoria then, greater euphoria after the St. Paul convention.
Then it starts to tack off a little bit.
I mean, please, you can't remain euphoric in perpetuity.
I mean, your head will explode.
And then so it's like, okay, let's see how she does.
Charlie Gibson sandbags her with the Bush Doctrine question.
He winds up looking worse than she does.
That's okay.
But then there are the Katie Couric moments, which please, even her fans must admit, were not good.
And then, and then the debate.
The debate fixed everything.
So now Sarah Palin is a blank slate to be written on by her performance in the coming 29 days.
What do you think that performance is going to be?
What do you see looking from her?
What do you look for from her?
And what do you want her to do?
How much of a role do you want her to play?
How does she fit into this mix?
How does she, essentially, shall I just go ahead and say it?
How does she rescue the top of the ticket?
Because that's, I believe, what she's going to be called on to do.
And I really do believe that she's going to do it.
1-800-282-2882.
1-800-282-2882.
I'm Mark Davis at WBAP and Dallas-Fort Worth filling in for Rush for just this one day.
He's back tomorrow.
And we're all back right after these on the EIB Network.
It's the Rush Limbaugh Show for a Monday, the 6th of October.
I'm Mark Davis, WBAP and Dallas-Fort Worth in for Rush.
Let's get back some more of your calls.
Always looking for contrary views.
I mean, all of us who do talk shows for living are sit here and we beat you to death with our thoughts, and then you give yours back, and that's our lifeblood.
And when someone gets back in touch with something where they disagree, I tend to move them right up to the front of the line.
And that is the case with Rick in Bridgeport, Connecticut, who wonders about the notion of McCain opposing the bailout, and if that really would have helped him that much.
Rick, Mark Davis, in for Rush.
It's a pleasure to have you.
How you doing?
Hey, Mark.
Thanks a lot, man.
I appreciate you taking my call.
Sure.
I am a lifelonger with Rush.
I love the man.
I love you guys for being on the air all the time.
But we got to let it go on McCain and this bailout bill.
You know, it's a done deal.
It happened.
It had to happen at this point because the president let us down, not because McCain let us down.
The president let us down by him letting the Democrats blame Republicans for this.
We should have gone on the attack immediately.
We didn't.
We lost that debate, and now McCain had to go on this thing because frankly, Mark, if he hadn't, if he hadn't done it and we had this drop in the stock market, you know darn well that McCain would have gotten the blame for that and that would have been a worse poke in the eye.
All right, let's pause.
Okay, you've given us a lot to work with here.
Let's go chronologically.
If I understand you correctly, the inevitability of the bailout occurred with the president signing on to it.
With the president signing on to it and failing to fight it himself and fight it by characterizing it as a mostly Democrat problem.
At that point, jig is up.
That's it.
There's no real realistic way to fight it.
Do I have you right so far?
You have me right.
Okay.
Yeah, go ahead, Mark.
No, then let me just go to the end of your call and then give it right back to you for whatever rejoinders you may have.
And I hate this, I mean, because I do still love the guy that a president this week, WEAK, this bludgeoned, this seemingly irrelevant as his term comes whimpering to a close.
You mean to tell me that some courageous souls in Congress, led by the nominee with a burning desire to paint himself as different than his predecessor, couldn't have led a charge that said no to a bailout even that the president wanted?
Yeah, what I'm saying to you is that the stock market was going to collapse anyhow.
Arguments at this point can be painted by anybody.
And the reality of a vote against this would have led to an argument that McCain's vote against it led to a collapse of the economy.
That would have been much more damaging.
That may be your best, all your points are good, but this may be the best one of all.
Let's say Senator McCain did what I wanted him to do, and maybe what a majority of America wanted him to do, to have the courage to stand up and say this bailout stinks.
No way.
Now, I would have wanted him to insulate us by saying, look, I'm going to oppose this bailout.
It's going to fail.
And after that, we're going to have a rough patch.
There are going to be some free market things.
We're going to need to kick in.
The marketplace got us into this with a ton of government help.
The marketplace is going to get us out of it, hopefully, with the government getting out of the way.
We might see the stock market fall.
We might see some 401ks suffer.
We might see the economy pinch in a number of ways in terms of growth and unemployment.
But if you ride this out with me, there will be light at the end of the tunnel.
And when we emerge, we will be so much stronger and feel so much better about ourselves than if we hitched ourselves to this horrible bailout.
If he had said that, would that have insulated him some against a drop in the Dow during the market?
No, no, it wouldn't have helped him.
If the president had said that, it would have helped.
You see, that's the thing here.
He's not president.
He's running for president.
And the arguments are going to be made regardless of whether they come true or not.
And so, in his case, he's stuck with these types of results in the stock market and people pointing to him and blaming him for it.
Not enough defense took, we didn't put up enough of a defense in the beginning.
At the point that McCain is at right now, it's too late.
Can't put up a defense.
The stock market would have gone down.
We would have gone out of this race completely.
A worthy analysis, Rick.
Thank you very much.
My best to everybody up in Bridgeport, Connecticut.
Okay, that's good and depressing.
And yet, reflective of some realities that are probably worth assessing.
Well, the first thing he's totally right about, and in no way am I sitting here on the 6th of October saying that, you know, in fact, we did have a caller suggest this.
And it was fun to think about for about 10 seconds.
The notion of Senator McCain striding into the town hall tomorrow and saying, before we begin, I just want to let you know, oh, how wrong I've been.
The bailout was wrong.
I see from the tanking of the stock market last couple of days that it did not provide that squishy pillow of comfort that we all sought for Wall Street.
I've talked to my running mate about this, and she was against it from the beginning, but just didn't want to tell you for fear of contradicting me on the very public campaign trail.
But that would have been a disaster.
It just would have been a disaster.
Then people would, they would have, that would have been an Alzheimer's moment.
They would have essentially been he's like your granddad who doesn't know what you know where he lives anymore.
Senator John McCain changing his mind from one day to the next.
Can you trust him with the nuclear button?
Yeah, when Senator McCain decided to get on board and drink the bailout Kool-Aid, he sealed when I say he sealed his fate, all I mean is his fate for the opening days of October.
With nowhere to go, no advantage to claim.
He's going to have to claim that advantage in some other way with some other strategy.
Our job today, figure that out for him.
1-800-282-2882-1-800-282-2882.
I'm Mark Davis, WBAP at Dallas-Fort Worth, filling in for Rush just today.
He's back tomorrow, and we're all back in a moment on the EIB Network.
Gracias, Johnny, from Dallas-Fort Worth, WBAP, a proud limbo affiliate since what, 1993?
I'm Mark Davis, filling in for Rush just today, and he'll be back with you tomorrow.
Thank you very, very much for hanging out with us.
Here's a little something that's kind of interesting.
Let me throw this at you.
I want to thank the people of Acorn.
No, I mean it, because they sent me a release of something that I actually chose to pay attention to, and it gives us the opportunity to pay attention to it.
The McCain campaign does this, and I phone into these a lot, and they're kind of fun.
And sometimes you roll tape on them and play back things.
It's designed for actuality use by radio stations and such.
It's basically the phone-in news conference where people all over the country call a central number and are conferenced in, enter a code, and if you want to ask a question, you can ask a question by hitting one pound or something like that.
But basically, it's so people can tape or record or write, I mean, write down, transcribe things that people say.
Again, the McCain campaign does this every couple of days, and it's actually been quite helpful.
Acorn did one today.
Acorn and Project Vote, whatever that is, to announce voter registration totals after nation's most successful voter registration campaign concludes.
Now, this, of course, should strike fear into the hearts of anyone who believes in fair elections.
But what you're going to hear here, the people holding this, there's a gentleman named Michael Slater, who's the executive director of Project Vote.
The question goes to a woman named Bertha Lewis, who is ACORN's interim chief organizer.
But the first thing you're going to hear is a question.
One of the questions.
It is from a guy whose first name is Scott, don't know the last name, with the Huffington Post.
And the Huffington Post, as you know, is just a coven of self-loathing former conservatives or whoever has chosen to follow whatever direction Ariana Huffington's broom is oriented at any given moment.
And it lives to torment Republicans in a variety of ways.
So with that in mind, note with interest the question asked of ACORN by an actual Huffington Post guy.
A couple of questions having to do with some of the Republicans' allegations against Acorn in particular and against community-based voter registration organizations in general.
One is, how big of a problem is voter fraud?
People voting under, who aren't eligible voting, people voting under multiple times and things like that.
And the second is that in several recent conference calls, Republican Party representatives have accused organizations like yours of dumping registrations on elections offices at the last minute to overwhelm the staff and increase the chance that invalid ones will slip through.
So could you outline the efforts you've made to turn in registrations, regularly, coordinate with elections officials, catch invalid registrations and things like that?
Wow.
I mean, let's just pause right now.
Wow.
This guy's from the Huffington Post?
I mean, the folks sitting around the Acorn conference call phone had to be looking at each other saying, man, who let the guy in from the Weekly Standard?
Anyway, what you'll hear now is Executive Director of Project Vote, Mike Slater, is going to hand the question over to Acorn interim chief organizer, Bertha Lewis.
Sure.
I have a lot of technical information that I'm thrilled to have the opportunity to give.
But I'd first like to give Bertha Lewis the opportunity to respond since she heads up the organization that really has been under the fiercest attack, Bertha?
Fiercest attacks?
Is that when people notice the long list of indictments and such from Acorn people for voter fraud?
Would that be the attacks we're referring to?
Oh, but I don't want to step on Bertha here.
Let's let her reply.
Yes.
Thanks, Mike.
You know, Scott, let me just say, rumors of ACORN's voter fraud have been greatly exaggerated.
Really?
And to a large extent, manufactured.
I mean, we just get hit about this every single time we do a voter registration drive.
I think this has more to do with the upcoming election than it has to do with anything that has any basis.
In fact, there's never been one single, not one single case of anyone voting fraudulently that was registered by us.
Not one single case.
Voting fraudulently who was registered by us.
Could that be because we've been fortunate enough to catch you in the process, Bertha?
Could it be because we've actually been successful in stemming the evil tide that you people seek to engage in each election?
In Ohio, in 2004, four ACORN employees indicted by a federal grand jury for submitting false voter registration forms.
In January, 2005, two Colorado Acorn workers sentenced to community service for submitting false voter registrations.
On November 1st, 2006, four part-time Acorn employees indicted Kansas City, Missouri for voter registration fraud.
Acorn investigated in 06 for submitting false voter registrations in St. Louis, Missouri.
1,492 fraudulent voter registrations were identified.
Now, it may well be that none of these people actually got to vote, to which I would reply, thank God.
In 2007, five Washington State Acorn workers sentenced to jail time.
Acorn agreeing to pay King County, Washington $25,000 for its investigative costs and acknowledging that the national organization could be subject to criminal prosecution if fraud occurs again.
And then this very year, this year, 08, the Michigan Secretary of State's office tells the Detroit Free Press that Acorn had been submitting a sizable number of duplicate and fraudulent applications to vote.
Let the sorry, stinking record of Acorn be wrapped around community organizer Barack Obama's neck.
I'll tell you something.
His middle name may be Hussein.
I want John McCain to make Barack Obama's middle name ACORN for the next 29 days.
See how that works out.
1-800-282-2882-1-800-282-2882.
Let us head to Mississippi.
Jones, Mark Davis.
Hi, filling in for Rush.
It's a pleasure to have you.
How you doing?
Doing just fine.
Hey, I like to go back to this market woes that's taking place right now.
I have a theory about this thing, and I'm pretty sure that this is what the problem is.
I think while we're seeing the market still having its downs and its collapse is simply, in my opinion, boiled down to one thing, and that is a lack of confidence is what I think the market is going through right now.
And the reason why I say that is because it's looking at, if you believe the polls, that Barack Obama and his team is going to be our new up-and-coming leader.
The problem is with this is that if you're in a house and your ceiling is leaking, the pipes is burst, but you keep preparing the ceiling, but you don't take care of the pipe.
So therefore, the problem keeps reoccurring.
We took a bunch of money, dumped it into the hands of the people that are currently in leadership, meaning the Democrats who is responsible for this tobacco.
Can't be President Bush because he's on his way out the door.
Can't be Paulson because they're only out the door.
So what the market is responding to is what it believes to be an area that we're headed to call socialism.
And most of these markets have already tried socialism, and they know that it doesn't work.
So the market is simply responding to lack of confidence that we didn't correct the problem.
I think that's some genius.
I appreciate it, sir.
Thank you.
I think that it's funny.
I wish the markets were as averse to socialism as you say.
I don't think they are.
I think the markets wanted this bailout.
We got, and overall, for the next month, the markets will probably do better with the bailout having passed than they would have done if it had not passed.
The real benefit would have come during calendar year 2009.
And this is where I totally agree with you, that there is the feeling that we have patched a wound.
It's a finger in the dike, but other holes, you know, are going to pop out, you know, elsewhere in the dike.
And as long as this is the case, as long as the underlying problems are not only not fixed, but rewarded, you know, go mess up again.
Big daddy government will bail you out.
That's not the kind of confident foundation that an economy can use as a springboard.
That's not the kind of proud undertaking.
How's everybody going to feel for the next few months?
Yeah, dear Lord, I hope we get some of that $700 billion back.
Oh, please let that be wise.
Please let that turn out okay versus the way we could be feeling.
We could have an almost, and I don't want to throw this around haphazardly because I think people do, an almost post-9-11 feeling of pulling together as Americans.
A feeling that this is really bad, but with all of us pulling together, or many of us, we are going to get our way through this.
Times will be tight.
Times will be hard.
Stern lessons will have to be learned and absorbed, and we'll have to change our behavior in this we want it all now society.
But when we emerge on the other side of that struggle, we will not have squandered $700 billion of taxpayer money.
We will not have nationalized every crappy mortgage in America, and we will have stayed true to the concepts of freedom and liberty and open markets that have made this country great and prosperous.
And once you get the whiff of that, every additional whiff of that in December, in January, in March, and May of next year, I believe would have fueled a real economic recovery based on a real solution that would have made real sense.
Mark Davis, filling in for Rush Limbaugh, 1-800-282-2882 will continue.
It's the Monday Rush Limbaugh Show.
Only thing missing, Rush Limbaugh.
But that gets corrected tomorrow, everybody.
Rush returns tomorrow.
A little one-day family obligation today that he'll tell you about tomorrow, I'm sure.
In the meantime, you and me together.
Hi, Mark Davis, WBAP, Dallas, Fort Worth.
Glad to be here.
And I wanted to do something really quickly.
I got a little piece of info here.
And it gave me a talk show guy instinct.
And I want you to know something.
And first of all, all of us who fill in, you know, Jason Lewis up in Minneapolis and various other people, you know, we all have our bits and our little things that we do on our local shows that add to our incredible ratings dominance.
And I'll just tell you that I am hesitant to drag all that into this house because I'm a guest in somebody else's house when I'm doing the Limbaugh show, and I'm just so grateful.
And yet there is one thing, maybe every once in a great while, when the phone does ring and people are kind enough to offer me this opportunity.
And since this is right in front of me, maybe we'll just call it the Fill-In Host National Weather Briefing.
Here's what I'm talking about: the folks at the National Weather Service, the people at the National Weather Service, have this incredible statement that they put together.
The high temperature yesterday at the Fairbanks International Airport was 31 degrees.
The first time this fall that the high temperature failed to reach the freezing mark.
On average, the date of the first day with a high temperature below freezing is October 11th.
So far this month, the warmest temperature of 38 degrees was observed on the 2nd.
So Fairbanks, Alaska.
And this story comes to us directly from Sarah Palin's own Alaska.
The average temperature so far this month of 27.1 degrees is 8.2 degrees below the 30-year average.
It has been the coldest first five days of the month of October since 1992.
This concludes the Fill-In Host National Weather Briefing.
I offer this to you not just because you always do well to point out that the necessary man-made component of global warming is a threadbare concept, but you do extra yeoman's work in offering up the suggestion that this planetary warming may in fact not be happening that much at all or may, in fact, be on its way back down after a decade or two of upswing.
1-800-282-2882, 1-800-282-2882.
Mark Davis in for rush is we had next to Watertown, South Dakota.
Doug, how you doing?
Mark Davis, in for rush.
Nice to have you.
What's up?
Excellent, Mark.
We just dumped Dashel a while back.
Now we need to off Obama, but I think what McCain has to do is he has to pin the reason for his vote on the bailout was caused by the mismanagement of the Democratic Party and the, you know, going back to Carter in 79 with the Community Reinvestment Act, going to Jim Johnson in 1990.
The Clinton administration encouraged Franklin Reigns to loosen the credit requirements in Fannie Mae and Freddie Mac.
And now we got the current crowd of, you know, Barney Frank, Chris Dodd, and Chuck Schumer.
And on that Fox report that I believe Pat mentioned earlier, he said that the former chairman of Countrywide was like a thug, and they tried to resist him and get after these people, and they got some heavy, heavy resistment.
You know, resist.
Excuse me, I'm.
Flack.
Flack, that's a better word.
Resistance works, too.
Right.
Yeah, I hate to pin that.
I'm not going on them.
And if you want more of the same, vote for Obama.
Yeah, well, thank you, Doug.
Wisdom from South Dakota.
If I can be allowed to split that in half a little bit, I don't think anybody cares about Franklin Reigns anymore.
Reigns and Johnson, valid points.
And again, we've got to make separate lists.
Things that are true that we can say and be right versus things that will cause people's eyes to glaze over.
All right?
Some of them are on the same list.
Here's where I'm going.
I don't know how many people care about Franklin Reigns or old Fannie Mae or old Freddie Mac people anymore.
I don't know.
Maybe a lot.
I don't know.
But I know they care about Chuck Schumer.
I know they care about Chris Dodd.
I know they care about Barney Frank.
And here's the weirdest thing that I'll say on today's show.
I want to thank the people of Saturday Night Live because if you stuck with it after the Palin Biden debate parody, which was actually pretty darn funny, after the really shocking Lawrence Welk thing, which if you know what I'm talking about, good.
If not, don't worry about it.
Don't ask.
They had a C-SPIN, as with many SNL skits.
It was way too long.
But it basically involved Fred Armison playing Barney Frank.
Kristen Wigg was Nancy Pelosi.
And they basically was guests, people at the press conference being brought to the microphone to tell their stories.
First was a completely unworthy couple who could never pay their mortgage back, and they were thrilled about the bailout.
Then came a yuppie couple who overextended themselves with the unwise purchase of an investment property.
And I'm sitting saying, good lord, did I write this?
This is wonderful.
So you can beat up on popular culture, and rightfully so.
You can beat up on SNL, and rightfully so.
But it's probably YouTube somewhere about the third skid in on Saturday night was a golden lampooning of exactly the points that I or Rush or other national or local hosts might have made every day, that it is individual unwise borrowing that got us into this problem the most.
All righty, let's get into this quick break.
Come back, take some more of your calls.
1-800-282-2882, Mark Davis in for Rush on the EIB network.
Little go-go's, little vacation.
Little vacation might be a good idea for your substitute host.
Hi, Mark Davis, in for rush.
Anything mysterious happened during that moment of contrived cleverness there, my fill-in-host weather update?
Did anything sound really weird to you and stop and start about five times?
That's because, Welcome to Way Too Much Inside Baseball.
They have to push buttons on the board that I usually work in front of here to do the local show here in Dallas-Fort Worth that make some things hearable to me and some things not.
So I thought this is great.
It has kind of a sonar ping to it.
So I will accompany the fill-in host national weather update and global warming skepticism session with the theme from the wonderful 1960s sci-fi series Voyage to the Bottom of the Sea.
Except I couldn't hear it, and so I stopped it.
But here it is.
What you have.
There you go.
See it now, great.
Now that's better.
Richard Basehart, David Heddison.
This show ran in black and white 1964 and then got in color in 1968.
Yeah, there we go, man.
See, that's what it would have sounded like if I had done that correctly.
I will redeem myself in the next hour.
Filling in for Rush.
I'm Mark Davis.
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