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Oct. 24, 2008 - Rush Limbaugh Program
37:20
October 24, 2008, Friday, Hour #2
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Lots to do and not a whole lot of time to do it, so let's go, folks.
It's Friday on the Rush Limbaugh program.
Yes.
Live from the Southern Command in sunny South Florida.
It's Open Line Friday.
And I promise you, we will get to the phone calls in this half hour, ladies and gentlemen.
And when we do get to the phones, you own the content of the program.
Open line Friday.
You can talk about whatever you want, whether I care about it or not.
A very magnanimous thing to do, a tremendous career risk, unlike any taken by others in major media.
Telephone number 800-282-2882.
Email address, lrushbow at EIBnet.com.
Before playing you the rest of this shocking and striking Obama audio, I wish to reach around and pat myself on the back.
Way back during the Republican primaries, when the battle was between Huckabee and Mitt Romney, Fred Thompson and McCain, we were told by the Republican Party hierarchy that the only chance the Republican Party,
by the way, and we were told this also by some of the intellectualoids in our own conservative media, that the only chance the Republican Party had to win was to attract Democrats and moderates.
And the era of Reagan was over.
And we had to somehow find a way to become stewards of a big government but smarter that gives money away to the Walmart middle class so that they too will feel comfortable with us and like us and vote for us.
And in that sense, it was said the only opportunity this party has to regain power is John McCain.
Only John McCain can get moderates and independents and Democrats to join the Republican Party.
And we can't win, these intellectualoids said, if that didn't happen.
Well, the latest moderate Republican to abandon his party is William Weld, the former governor of Massachusetts, who today endorsed the most merciful, Lord Barack Obama.
He joins moderate Republican Colin Powell.
He joins former Bush press spokesman Scott McClellan.
He joins a number of Chuck Hagel, senator from Nebraska.
I don't know if there's been an official endorsement from Hagel, but Obama's out there talking about how Hegel might be Secretary of State or some have some position in his cabinet.
Now, I wish to ask all of you influential, pseudo-intellectual, conservative media types who have also abandoned McCain and want to go vote for Obama, and you know who you are without my having to mention your name, what happened to your precious theory?
What the hell happened to your theory that only John McCain could enlarge this party, that we had to get moderates and independents?
How the hell is it that moderate Republicans are fleeing their own party and we're not attracting other moderates and independents?
How in the hell did you people figure this to happen?
So the Republican Party's own strategy here, not only has it backfired, it's embarrassing.
Now, I don't have any brief for William Weld.
Don't misunderstand, but he's a moderate Republican.
The Republican Party, well, we got to be a big tent.
And the code, that's code word for we got to have some pro-choicers in our party to get rid of the influence of these hayseed hicks in the South who are pro-life.
Well, they have gone.
And I, for one, say, damn well, good riddance.
Weld, why don't you stay a Democrat?
McClellan, stay a Democrat.
All you intellectual, conservative media types, go ahead and stay a Democrat once you move over.
And by the way, we know what this is about.
This is about being invited to state dinners in a Barack Obama administration.
This is about the social structure of Washington.
This is about style.
It has nothing to do with the fact these people love Obama's policies.
They couldn't if they're paying attention.
Not if they say they're Republicans.
They couldn't possibly.
But they figure Obama's running a show, and they don't want to be shut out the next four years when it comes time to party.
Charles Krauthammer writes about this very eloquently today and very elegantly in his column endorsing McCain.
I have it in a stack.
I'll share it with you.
There are probably other names that I am leaving out here of Republican moderates who have fled and joined the Democrats and Obama for whatever reasons.
I say good riddance.
And this is why I said to you earlier in the week, I don't care who wins this election.
The task at hand is going to be rebuilding the conservative movement and making sure that the Republican Party is its home.
Because the Republican Party hierarch, big Whigs, people running McCain's campaign, they have proven they haven't a clue how to win an election.
They have proven they have not a clue that they understand the American electorate.
They have proven they have not a clue what it is that inspires people to support their party and go to the polls and support them.
When I saw the weld thing today, I just, I smiled and I fired it off a note to all my buddies.
I said, wait, how can this be?
How could this be?
I mean, this is the kind of guy that our candidate was supposed to be attracting.
And we were supposed to be getting all these moderates from the Democrat Party.
And we will, by the way, we're going to get, we're going to get some rank and file average American Democrats that are going to vote for McCain.
But these hoity-toity bourgeoise, well, they're not the bourgeoisie, but they are, in a sense.
You know, they're following their own self-interests.
So I say fine.
They have just admitted that the Republican Party big tent philosophy didn't work.
It was their philosophy.
It was their idea.
And these are the people, once they steered the party to where it is, they're the ones that abandon it.
We have noticed.
Sarah Palin, by the way, Fred Barnes has a column at the next issue of the Weekly Standard about her future.
Let me just give you one little pull quote from this.
He asks her what her role in the Republican Party future is going to be.
She says, I don't know what kind of role the Republican Party would want me to play.
Well, make her the head of the party for one thing.
It might be a good idea.
In the past, I've not been one to be considered for anything by the hierarchy of the party, certainly not in my state.
In some sense, I ran against my party.
And she's doing it again now.
She's running against her own party.
Then she said this.
I would love to promote the party ideals if we're going to live out the ideals and maybe allow other American voters to understand what the principles of the party are.
We've got to be assured we have enough people in the party who will live out those ideals.
It's not just rhetoric.
Otherwise, I'd be wasting my time.
There are a lot of things I would and should be doing.
So what she's saying is, I'm not going to be a Republican if they're not going to be Republicans.
I'm not going to beat my head against the law.
If we're going to have a bunch of just flourishing rhetoric people, if we're not going to have people in the party who actually live it and believe it, I'm not going to be part of it.
This is Sarah Palin to Fred Barnes, and that, ladies and gentlemen, is why the rebuilding of the conservative movement, even if there is no direct leader in charge of making it happen, it'll happen by default because it's going to have to.
Even if McCain wins, if McCain wins, Colin Powell going to come running back?
Bill Well going to come running back?
Hell yes, they will.
Hell yes, they'll come running back.
They'll do everything they can to stay in the circle of power.
Of course, they'll come running back.
And all these people are at it for self-interest.
That's what Sarah Palin's saying.
She's not in it for self-interest.
The party better be what the party is, or I don't have any future in it.
We're going to rebuild it, even if McCain wins.
We're going to have to.
And these people, these moderates who wanted the big tent, they have taken the party exactly where they said they wanted it to be.
And when it got there, these little cowards jumped the ship.
I have lost all respect for these people.
And folks, when I said at the beginning of this, and I want to turn around and pat myself on the back, it's because I and so many like me knew this exact thing was going to happen and tried to warn people about it during primaries and so forth.
I am not happy it's happened except for one reason.
We flushed them out.
We found out they're not really Republicans and they're by no means conservatives.
And now they're gone.
Now the trick is to keep them out.
By the way, another one of these Republicans, these moderate Republicans that's fled the party to endorse Obama is Kenneth Edelman.
And you may not remember Edelman.
He was big in the arms control era under Reagan and Bush 41.
And he has abandoned McCain and the Republican Party to head over to Obama.
And there's a post at National Review online in the corner blog in which somebody who knows Edelman, a professor, sent a note to somebody at National Review and said, look, I had a conversation with Edelman, and I couldn't believe what he said to me.
He said, after he announced his endorsement for Obama, he actually said to me, and I really hope Obama's lying about what he intends to do policy-wise.
Proving these endorsements are not about substance, it's about style.
It's about intellectuals joining up with intellectuals.
It's about the smart people hanging together.
I hope Obama's lying.
Chris Buckley said, well, yeah, I like his written great books.
He's got to have a great mind.
But if he goes lefty on me, I won't like that.
If he goes lefty on you, Chris, the only question in my mind is who taught who who?
We've all been believing that Jeremiah Wright poisoned Obama's mind.
I'm beginning to wonder after hearing this audio coming up if it wasn't Obama that poisoned Wright's mind.
I mean, Wright was a Marine once.
Let's go back to this audio.
Here's Obama describing in 1995 how redistribution of wealth will ensure all of our salvation.
Listen here as Obama explains his redistribution of wealth is to save the African American community so he can ensure his own salvation.
I worked as a community organizer in Chicago.
I was very active in low-income neighborhoods, working on issues of crime and education and employment, and seeing that in some ways certain portions of the African-American community are doing as bad,
if not worse, and recognizing that my fate remained tied up with their fates, that my individual salvation is not going to come about without a collective salvation for the country.
Unfortunately, I think that recognition requires that we make sacrifices, and this country has not always been willing to make the sacrifices necessary to bring about a new day and a new age.
I think when you spread the wealth around, juxtaposing these 95 comments with recent comments that he has made.
So redistribution of wealth is to save the African-American community so the country can be a salvation and his salvation can be assured as well.
Mr. Barack Obama, 1995.
Now, this section starts and ends with Obama clips from this year's campaign with a 1995 clip in the middle.
And he believes here that we have to use the government and your money to fix the racial wrongs in this country.
Again, now, the start and end here are Obama clips from this campaign.
The middle is Obama from 1995.
In the last year, African Americans have lost their jobs at a faster rate than at any time in a quarter century.
That's a wrong that needs to be made right.
There's a certain race-weariness that confronts the country precisely because the questions are so deeply embedded and the solutions are going to require so much investment of time, energy, and money.
Unfortunately, we've got caught up in an ideological battle where one party says the only way to create job opportunities is through the marketplace and government should not be involved at all.
Whereas my argument would be we also have to make sure that people are trained for jobs, that they've got child care so that they can go to a job, that there's affordable housing in those areas where jobs are being created, that entrepreneurs in minority communities are getting financing to create their own businesses and to create jobs in those communities.
And all of those involve not just individual responsibility, but also societal responsibility.
So all of this is about redistribution.
It's all about taxes.
It's all about readdressing wrongs.
It's about getting even with people who screwed people in advance.
Finally, ladies and gentlemen, this, I guess you could say this is what Obama thinks about America.
He compares what happens here in the United States to genocide in other parts of the world.
All of this is from 1995.
Because I think of the problems that African Americans face in this country, we tend to have a sanitized view in the African American community about what is going on in Africa.
And the truth of the matter is, is that many of the problems that Africa faces, whether it's poverty or political suppression or ethnic conflict, is just as prominent there and can't all be blamed on the effects of colonialism.
What it can be blamed on is some of the common factors that affect Bosnia or Los Angeles or all kinds of places on this earth.
And that is the tendency for one group to try to suppress another group in the interest of power or greed or resources or what have you.
Don't forget, Jeremiah Wright, white man's greed is what Western civilization and culture are.
Los Angeles is Bosnia, ethnic cleansing.
Now, well, no, he's not talking about Democrats, Mr. Snirdley.
You may think he's talking about Democrats, but he's talking about, he's talking about the inherent injustice that is America.
Of course, he's not talking about Democrats here, although he is.
I think of the problems African Americans face in this country.
We tend to have a sanitized view in the African American community about what's going on in Africa.
And the truth of the matter is that many of the problems that Africa faces, whether it's poverty, political suppression, ethnic conflict, just as prominent there and can't all be blamed on the effects of colonialism.
What it can be blamed on is some of the common factors that affect Bosnia or Los Angeles or all kinds of places on this earth.
The tendency for one group to suppress another group in the interest of power or greed.
Now, he's talking about whites versus blacks here.
This is whites suppressing blacks, the Bosnians suppressing the Serbs and the Coast, whatever.
Wherever there is genocide, of course he left out Rwanda.
And it leaves out Darfur.
He leaves out where there is genuine genocide going on where it's black on black.
So he's clearly setting up.
This is why I say who taught who what.
Says he never heard what Jeremiah Wright said.
My question, did he have to?
Did he ever have to hear what Jeremiah Wright said?
This is 1995.
Did he ever have to hear what Jeremiah Wright said in order to believe what he believes?
There's a graphic at the end of this video that says, which group are you part of?
Did you suppress anyone for power or greed or resources?
If Obama thinks that you're part of the bad group, you'll be getting his goodies or will you be paying for them?
You can find the entire interview and then they'll give a website here where you can go the entire interview.
And then let's play Cut 7 again.
He was asked in Good Morning America today if he has any regrets about what he said to Joe the Plumber about spreading the wealth.
Not at all.
Look, if John McCain's best argument is that he wants to continue the same Bush tax cuts for the very wealthiest Americans that in 2000 he himself opposed and in the meantime fails to give tax cuts to 100 million people in America that I would give tax cuts to.
John McCain's going to have some problems because the American people understand that the way we grow this economy is from the bottom up.
Well, is that really right?
We grow the economy bottom up.
The only way we grow the economy bottom up is if the bottom is given things because they obviously don't have anything.
They're poor.
If economies were built bottom up, wouldn't Mexico be the number one economy in the world?
Wouldn't it?
If economies were built bottom up, wouldn't Cuba be an international superpower?
If economies were built bottom up, folks, we wouldn't have a prayer against sub-Saharan Africa.
If economies were built bottom-up, Soviet Union would now have walls all over the damn place.
This guy is a pure unadulterated socialist.
He is unapologetic.
And no matter how far back you go in his adult life, you find consistency.
And he does not regret it, doesn't apologize for it.
And note, almost all of his beliefs are grounded in a rage and anger over racial division.
And yet, if we bring that up, we're called the racists.
Also, ladies and gentlemen, Barack Obama, as you know, but I want to break a promise.
Calls will be the first thing in the next segment.
We're not going to get to him this year.
I broke a promise.
I'm sorry, but we'll get to him as soon as we can in the next segment.
Barack Obama went to Hawaii.
He's there now.
He went to visit his grandmother.
He did not, she's dying.
The story is his grandmother is dying.
She has all of her faculties, but she's fading fast.
He did not take the wife and kids.
Michelle nor the two kids went to Hawaii to see the one who raised him.
No cameras, no pictures, no video.
He spent an hour with her yesterday and is spending time with her today.
Ladies and gentlemen, the stock market today is also gravely ill.
And I, El Rushbo, would very much appreciate all of you conservatives taking time away from the campaign right now to go visit the gravely ill market.
We'll be back after this.
We're going to start on the phones here on the EIB network, the Rush Limbaugh Program in Fort Lauderdale.
This is Christine, and it's nice to have you here.
It's a pleasure to speak with you.
Thank you.
I take offense to Barack Obama's comments, which you just played again, that he feels we grow the economy from the bottom up.
Yeah.
You know, one of the first rules of life that I learned is if you're going to go out there and speak about something, you better know your audience.
And Mr. Obama has not done his homework with regards to small businesses.
You know, my husband and I are a small business.
We are small business owners.
My husband's been in business for 20 years in South Florida, and he's pretty successful.
But the reason Barack Obama doesn't understand what we go through is because he's never run a business or his wife.
He's never had to run a business for profit to support his family or other families that work for him.
He thinks making over $250,000 is rich.
It's not.
He does not take into consideration the financial risk small business owners take every day to open their door.
Let me stop you right here and agree with everything you have said and add this.
Nor does he care.
All Obama knows is that for every small business, there are five or six other people that at least work for one, if not more.
And those are the votes he wants.
He wants your employers or your employees resenting you.
He wants employees resenting big corporations they work for.
Well, these employees, though, need to pay attention because I'm going to tell you what's going to happen.
Small business owners are smart.
They don't stay in business and do well and employ people by being stupid.
Some years are good, and when that happens, we're very careful to save for the years that are not so good when we have to reinvest in our businesses.
We pay workers' comp, we pay liability, we pay health care, we give good bonuses at the end of the year.
Now, what I want to ask is if he's going to redistribute my earnings, okay, is it safe to assume then that he's going to start redistributing my risks?
You know, we're partners now, right?
So now he's in my business.
No, but again, I must say that I totally agree and I endorse and I love your reasoning here.
But as far as Barack Obama is concerned, your business is a success because of your employees, not you.
Yeah, but there will not be any employees, Rush, because what's going to happen?
Well, that's okay, too, because then the government will take care of them, and that's what Democrats want.
And when that happens, they want to be able to blame you, as they have been for years, for being greedy and selfish and not employing people and sharing what you have, your wealth and so forth, even after you go out of business.
But the employees need to be careful what they wish for, because what's going to happen is business owners know what their limits are.
We know exactly where we need to be to not exceed $250,000 a year.
We're not going to continue to hire people if I'm going to give my earnings to Barack Obama.
I won't be able to.
Well, we're not going to be able to.
We have to even lay some of them off in order to stay in business in the first place if his tax increases happen, as he promises.
But that's what the employee needs to understand.
It's not this beautiful picture that's trying to be painted for them.
Well, but see, I totally agree with you, but then there's another thing that you're not factoring, and that is the Employee Free Choice Act, which will allow your employees to come in and unionize your small business.
Right.
With a private ballot.
Right.
Or an open ballot, rather, where they can be intimidated by union bosses into doing it.
And then if they want, then they can just unionize your shop and then all quit and leave and so forth and leave you hanging.
You're going to have a lot of obstacles.
If Obama succeeds in getting everything he wants here, you're going to have a lot of obstacles in your way.
We all are.
Well, absolutely.
But these employees need to understand, too, they will lose jobs.
There will not be jobs to go to the job.
Do you tell them?
We have.
We have.
I mean, we have some people, I will say, we've got a great group of people that work for our company.
How many employees do you have in your small business?
Right now, we have 15.
You have 15 employees, and you've sat them down and you've told them.
Oh, we have, yeah.
My husband is not shy about explaining to them, you know, just basically how the company runs.
Did they believe you?
You know, some of them, absolutely, they get it.
They really understand it.
And they, you know, they're not out there making a huge amount of money, but they really, you know, they swing a little more conservative.
They understand it.
But then we have other folks on the other side that, you know, are very, you know, they were homegrown Democrats, and they feel that's just the way that it is.
They feel that they're going to get this change when Barack Obama is elected.
What change are they expecting?
Well, they feel that, you know, basically, you know, we're going to get ours, that, you know, we're going to realize what it's like to live their life, which, I mean, they're living great lives.
Do they really think that?
I mean.
I do believe that.
I do believe that.
They think change means that they're going to change places with people that have more money than they do.
Well, I think they think we'll all be equal.
I think they do.
And I don't think they understand is that, no, we won't be.
I mean, we don't have a company to come to.
If they think that, here's what you need to tell them.
And I'm dead serious.
Because there's evidence.
I mean, the way the Democrat Party has equalized all of its constituents now, except for the rich leaders, you tell them, all right, let me tell you how Democrats equalize people.
This is what you say to your Democrat employees.
Let me tell you how they equalize people.
They don't try to elevate people who are on the lower end of the scale to reach the higher.
What they're going to do is take away from everybody above you and redistribute that so that everybody will be equal with where you are.
Your life is not going to change, but a lot of other people will change and will be brought down to your level.
And see what they say when they find out change does not mean that their own economic circumstance improves.
Yeah, you know, it's definitely, I mean, we're trying.
We're trying.
You go for it.
Look at it.
The evidence is everywhere.
Outcome-based education.
If some stupid kid thought two plus two was five, it was five until the kid finally figured out it was four.
We couldn't humiliate the kid.
We have in certain certain public schools, the high-achieving kids don't get special defects.
We can't humiliate the other kids who are not quite as smart, don't quite perform as well.
Democrats punish achievement.
And if they think that everybody, I can't, if they think everybody's going to be equal, the only way that can happen is if we're equally miserable.
So you can tell your small business employees, you can ask them, okay, are you miserable?
I mean, not with me, not with the boss, not with our company, but are you just miserable in general?
Yeah.
Well, Democrats are going to spread that around.
Everybody will be equally miserable.
If you think their change involves you getting happy, forget it.
Unless you want to be happy because other people are getting screwed.
That's the Democrat philosophy.
Well, I'm glad you called out there, Christine.
And hang in.
Hang in.
It's going to be a challenge, but this is what we're made for.
This is what we're made for.
Ruth is next in Williamston, South Carolina.
Hi, Ruth.
Hi, Rush, my hero.
I almost pulled my hair out a little while ago, though, when you were talking about the 401k.
Is that not?
I'll tell you, that.
Forget all this other stuff.
Everybody's got a 401k.
Everybody.
Most.
A lot of they've all not most, but maybe a lot of people.
We've got an investor class now.
Exactly.
And the government wants to come in and take it over and make it part of Social Security.
And this is where I almost pulled my hair out because if they do that, they're going to get $215 or $65 to die.
And that rest of that 401k is not going to be their estate.
It's going to go right where Social Security is at.
They're not getting anything.
My son is 31.
Before the economic crash happened, he had $37,000.
It dropped to $29,000.
I looked at him and I said, sit still.
Don't do anything.
It's election-driven.
The whole thing, all of this stuff right now is election-driven.
There's a young lady who used to work for me when we had our company.
We had a four-business company, and she went to work for the company that bought us because I now take care of my 94-year-old mother.
But anyway, and she called me and I said, Sit still.
You're 30 years old.
He's 31.
I said, Sit, this is election-driven.
But come January, I will go in there and take a look and see what he can adjust.
He made 14.3% in 2005.
He made 11.9% in 2006 after the great ones took over Congress.
Yep.
Here's another thing to tell them.
I meant it a moment ago.
What I said to our the markets are gravely ill.
We need to take time out from the campaign and go visit the markets.
Yeah.
We need to go out there and buy.
We need to go out there and fool George Charles and tell him he can't buy the election.
What is the most recent market crash as they define their most recent market crash?
1987, right?
Right.
The market fell 22%.
It fell from wherever it was down to, what was it, 37 to 1,600 or something.
Right.
If you bought into the market in 1987, you are still ahead of the game.
It's a long-term proposition buying into the stock market.
At some point, you know, if you bought in the 87 bottom, then you got as high as 13,000, then down to 10 or 11, now it's at a little over 8,000.
But you're right, it will come back.
Yeah, it's election-driven.
It's strictly election-driven.
Even if it's not election-driven, it'll come back.
Yeah, but I think it's election-driven a lot of it.
Explain how that could be.
Well, I think that some of it being that when they look at, oh, my God, if we're going to get Obama, we've got to get out of it now, or we're going to on the other side.
Now, this is the conservative people, or the people that aren't looking and thinking ahead, okay?
But they're saying, oh, my God, we cannot let him take over what we've got, so we've got to get it out.
Okay?
That's number one.
It could be driven that way.
Or secondly, it could, and the fact that he wants to ruin small business, he wants to ruin capitalism in America.
He wants to destroy what Washington stands for, what all of the monuments look at, and what we actually see when we go to Washington.
He wants to destroy that.
Okay.
Or secondly, we're looking at the ultra-liberal dudes that have got money, and they can go in there and they can play with the stock market and let it go up one day.
And then when it goes up a day and a half later, they're in there and they start jerking things out to drop it to panic people into doing this and saying, well, the only savior we've got is Obama.
I love your thinking.
I like the way you think, Ruth.
These rich liberal dudes manipulating the market, pulling things out, putting things back in.
And we'll see if you're right that shortly after the election, things start to normalize a little bit.
Oh, yeah, I think it's going to.
And I told him, I said, wait till January.
Just wait till January.
And don't worry about anything.
Hey, Ruth, best to you and to your mother.
And I love you, Rush.
And we get the limb ball letter.
And I give it for Christmas, too.
Great.
I love you.
Thanks for the call.
Okay.
Okay, bye-bye.
We'll take a brief break and be back.
Open line Friday rolls on after this.
I'll tell you, folks, Barack Obama's one.
He's got they must have something on Hillary or must have made her a promise because he's gone for two days to Hawaii to rummage through his grandmother's attic looking for any evidence.
And he's turned over to campaign in Pennsylvania and Colorado to Hillary, who has a vested interest in his losing.
I'll bet he's promised her Supreme Court.
Of course, she says she doesn't want it under any circumstances, but she's promised her something.
Secretary of Health, Human Services, didn't do the health care thing all over.
Who knows?
But turning over his campaign to her.
This is all right, Anne and Las Cruces, New Mexico.
Nice to have you on Open Line Friday.
Hi, Rush.
What an honor to talk to you.
A longtime listener.
Thank you very much.
I'll even have my children turned into you, too.
Well, terrific.
When you start talking about Social Security and the 401, the first thing that came to my mind was, okay, Joe is going to turn over $55,000 because that's what it was worth in August.
And they give him his little piece of paper, and two months later, Joe dies.
What happens to his $55,000?
Nobody gets it but the government.
Well, no, according to plan, half of it would go to his heirs.
Oh, so it's already diminished in value, though.
Yeah, it would be subject to the death tax, even though the government has it all.
I gotcha.
Yeah, let me see.
Where is that part of this?
Yeah, it would go to the heirs.
Half of it, that's the sweetener.
Half of it would go to the heirs.
So if he dies two months later, whatever his plans were, $50,000, $25,000 of it would go back to the heirs.
And the other half of the portfolio is kept by the government.
That's very interesting.
Of course, nothing is brought out about that.
And as you say, as the other woman said, oh, you might get $250,000 or $265 towards burial.
Thank you.
Nobody's talking about it.
Look at this.
It's the whole point.
James Taranto found this at the Wall Street Journal's best of the web today.
This has all taken place.
This is before congressional hearing.
Oh, my goodness.
This is already being discussed by Democrats that run the House committee that wants to do this.
They want to take over your 401ks, and they want to put it in Social Security and eliminate any subsidy you get for whatever contributions from your salary that you make toward your 401k.
That would be gone.
So your 401k gets taken over by the government, gone as the tax deduction subsidy, and then it gets added to your Social Security.
They're going to invest your 401k, not in the stock market, but in government bonds at 3%.
So whatever your Social Security check is when you start retiring, it will be added to by whatever amount is in your 401k.
And you'll get one check, and it'll be from your benevolent, friendly government from the Social Security Administration.
Okay, and well, part of this 401k that you're going to turn over to them, these people who now are going to be getting this tax break from Obama because they pay into FICA, but nothing else, I guess they'll be sharing into the distribution of your 401k.
Well, of course, that's where they need all the money to do this, but you've got the terminology wrong on one thing, Ann.
Okay.
You're not going to turn over your 401k to the government.
They're going to come take it.
Oh, gotcha.
You've got to understand how this happens.
You're not going to turn it over.
They're going to come take if this happens and Obama signs.
And if there are not enough Republicans in the House or Senate to stop stuff like this, They're going to come take it.
And it's all going to be for your benefit, by the way.
Oh, naturally.
Absolutely.
That's what, oh, yes, actually, they'll tell you it's all for your benefit.
Folks, by the end, thanks very much for the call.
By the way, an exclusive story in the Washington Times that was posted late last night, I happened to see it late for the paper today, but I was doing show prep.
I hate to do it.
Need to pat myself on the back again.
Another C, I told you so.
Headline: Senator Kennedy Secretly Crafts Healthcare Plan.
From his sickbed, Senator Edward Kennedy has secretly been orchestrating meetings with lobbyists and lawmakers from both parties to craft legislation that would greet the new president with a plan to provide affordable medical coverage to all Americans, a measure Senator Kennedy called the cause of my life while at the Democrat convention.
He's been sidelined for months with his brain cancer, but he's been talking on the phone with people.
And this is how this stuff works, folks.
All of this stuff happens exactly as we tried to tell you.
All these big laws that affect us so fundamentally, written behind closed doors with the left, and we end up having to respond to them as they plow forward with these things.
This process is rigged from the get-go.
Oh, one other thing, the last line of this story.
A guy named Rother says, Yeah, there is this real feeling, let's do it for Ted.
Told you, national health care in honor and in name of Ted Kennedy.
That will be the impetus.
The left use it to move it through Congress.
We'll be back.
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