Rush Limbaugh, having more fun than a human being should be allowed to have, right here behind the golden EIB microphone from the prestigious Limbaugh Institute for Advanced Conservative Studies, where we meet and surpass all audience expectations on a daily basis.
Telephone numbers 800-282-2882, the email address lrushbow at eibnet.com.
Ladies and gentlemen, there is just no way to explain what has happened to Arnold Schwarzenegger.
Arnold Schwarzenegger, well, there is.
I mean, it is a combination of wife and the desire to not be criticized.
But even those two explanations still do not quite satisfy me.
Governor Schwarzenegger has a piece on Newsweek's website.
They are touting it as a Newsweek web exclusive.
And the title of Governor Schwarzenegger's piece is How Investment in Infrastructure Will Boost the Economy.
He begins this way.
America has failed to invest in its infrastructure for the last 50 years.
Which is not true.
How many times did we invest in the levees of New Orleans?
How many times did we spend more money than was necessary?
And how many times did the money not get spent on the levees?
America has failed to invest in its infrastructure for the past 50 years, and the bill is coming due.
It's just flat out not true.
Investing in infrastructure, by the way, includes building new projects.
And I know for a fact we have built new bridges.
There are a couple of them down here where I live.
One of them was falling apart because whoever designed the first one, it had wood pilings or some kind of mite, some kind of stupid bug that was eating the wood.
They had to build a temporary bridge, shut down the main bridge, and then build a new main bridge.
It's called investing in infrastructure.
It happened in the past 10 years.
The situation, says Schwarzenegger, is reminiscent of the ancient Roman Empire, which grew strong because of his advanced aqueduct system, but which fell into decline when that feat of engineering tumbled into disrepair.
We are in danger.
That's not what brought down Rome.
The aqueduct system.
I have been there numerous times.
I love Rome.
They could still use part of that aqueduct system if they wanted to, and it's still there.
You can see parts of it.
It was an amazing engineering feat.
We're in danger of repeating Roman history, says Governor Schwarzenegger, but it's not too late to fix the problem if we take decisive action now.
Now, this is coming from the governor of a state that is almost bankrupt itself, that it is in so much debt, it has no way of getting out of it.
What Governor Schwarzenegger and the State Assembly, the Democrats in California, have in mind dwarfs what Bloomberg and Patterson have in mind for New York State and New York City.
And there's a little-known twist in California law.
You can raise taxes without a vote on it as long as you call them fees.
If you raise taxes, in other words, there's nothing the Republicans in the State Assembly or the State Senate can do to stop this new round of fee increases in California, which are going to harm businesses, cause layoffs.
It always happens.
Not too late to fix the problem if we take decisive action now.
That's why Raj Schwarzenegger, Pennsylvania Governor Ed Rendell, New York City Mayor Michael Bloomberg, and I formed Building America's Future earlier this year, long before any of us realized we were in a recession, the three of us, a Republican, a Democrat, and an Independent.
And who's the Independent here?
Bloomberg ran as a Republican.
Arnold ran as a Republican.
Fast Eddie ran and is a Democrat.
Who the hell's the independent in this triumvirate?
Is Bloomberg on independent?
Bloomberg's the independent.
Okay.
There may be a Republican, Governor Schwarzenegger, and there may be a Democrat in this triumph, and there may be an Independent, but I'll tell you what, the bottom line, the thing that's important is that every damn one of you people is liberal.
You can call yourself whatever you want, but you are liberal.
So you had three liberals here banning together, and he says, we understood that America needs a large-scale immediate investment in our nation's roads, schools, parks, hospitals, waterways, ports, and more.
And we are extremely pleased to have heard Obama pledge to do just that as part of his economic recovery plan.
In fact, it's exactly what I talked to President-elect Obama about when I joined the nation's other governors in Philadelphia earlier this month.
Our infrastructure is more than just a quality of life issue.
It's an economic issue.
Americans waste billions of dollars while semi-trucks carry goods on gridlocked roads and lose millions of gallons of water in leaky pipes.
We lose time and dollars because our ports are not computerized.
Talk to the union about that.
Talk to the longshoremen.
They don't like computerization out there.
Anyway, we live in the country that first landed a man on the moon, that's responsible for the mass-produced automobile that created the internet.
So why do we sit bumper to bumper on the freeway for two or three hours in order to get home from work during rush hour?
We are a society where email, handheld devices, video conferencing, and thousands of satellites in orbit keep us connected.
So why do Americans stand in long security lines at the airport in our socks just to sit in a terminal for hours as our flights get delayed because of overcrowded airport runway?
Because of government, governor.
Because of bureaucracy, governor.
Because of harebrained ideas like yours, governor.
That's why all of these things are happening because of government, big, bloated, bureaucratic government.
He then says, none of this makes sense in America.
It doesn't make sense that in the greatest country on earth, we still rely on trains that go the same speed as they did 100 years ago.
So our shipping times and commutes are longer than other countries.
It doesn't make sense that we drive across unsafe bridges like the one that collapsed in Minnesota.
Governor, that was an engineering failure.
Maybe we should educate better engineers, or maybe we should clean up the process of building these things so that payoffs don't keep inspectors out of the way.
We live behind inadequate levies, not because they lack the funding, governor, but because corrupt Democrats stuck the money in the freezer.
How many times have we funded the levees in New Orleans?
We learned after Katrina what happens to the money when it goes to the various wards to have the levees rebuilt.
If we were to come up with an analogy, he says, I'd compare our situation to running a company.
Imagine trying to compete in today's business world of BlackBerries, email alerts, video conferences, and PowerPoint when all you have is an IBM Selectric typewriter and a single telephone landline.
You're going to get beat.
And when you think about America's aging infrastructure, we're going to get beat, too, by our competitors in China, India, Europe, and Brazil.
Governor, the reason if we get beat, the reason will be because we are teaching tolerance and conflict resolution and have chickified public education in the news media.
The people in China, India, Europe, and Brazil are teaching math, science, English, and engineering.
He says, travel overseas and you see faster commuter trains, better public transportation, double-decker freeways, more efficient ports.
Meanwhile, infrastructure spending as a share of gross domestic product in the U.S. has dropped 25% over the past 20 years.
So government spending is at an all-time high, while investment in our critical infrastructure is at an historic low.
By following California's lead, and I might add straight into the financial crapper, the new administration will be improving the quality of life for Americans.
Blah, That's Governor Schwarzenegger of California.
I now turn to a story from LewRockwell.com entitled, Government Spending Makes Recessions Worse.
The National Bureau of Economic Research has officially confirmed what everybody else knew.
The U.S. economy has been in recession for many months.
The question now is whether anything constructive can be done about it.
Historically, there have been two very different public policy responses.
The first is laissez-faire.
Just leave it alone.
Let market prices adjust to the new economic reality.
This is painful, though.
The larger the initial credit bubble, the larger and more painful the collapse.
An alternative policy approach, which is being tried this time, is to treat the recession with almost unprecedented doses of government intervention.
Realize we have now spent on these bailouts and so forth more than the sum total of all wars that we have fought.
And the Marshall Plan and the trip to the moon.
And this is supposed to get us out of the recession.
But will it?
A decent argument can be made that all these public policy responses will only make things worse and prolong the slump.
Laissez-faire economic ideas such as deregulation and tax cuts are currently out of favor, but the fact remains that these policies of bailouts, deficit financing, public works have never really worked.
They didn't work in the U.S. in the 1930s.
They didn't work in the 1990s in Japan.
They didn't.
FDR's New Deal did not end the Depression.
It lengthened it.
The reason they don't work is that they prop up unsustainable investments in the private sector rather than clear the way for new entrepreneurship.
And they don't work because government central planning is hopelessly naive.
They can't even mail out their rebate checks to the right people on time.
They can't even run their own dining room.
Sometimes in economics, as in medicine, doing nothing, allowing the system to heal itself, works better than drugs with nasty side effects or bureaucratic attempts at reconstructive surgery.
So Governor Schwarzenegger and all of his buddies in Obama want all this new infrastructure spending, these make-work projects.
It will not lead to an economic rebound, and the premise under which it's all taking place is flawed to boot.
Ladies and gentlemen, my incredulity at the evolution of modern culture continues.
Remember last week how I was literally shocked and stunned when I read an A.P. Obama piece talking about the true dilemma faced by American parents.
During the Christmas season and during a down economy, parents were faced with a gut-wrenching choice.
They could either tell their children how rotten things are, or they could shield their kids from how rotten things are by simply spending this Christmas and every other day as though nothing were wrong, so as to shield the little crumb crunchers from any pain and suffering, emotional or real.
And then there was another story.
That to me is just mind-boggling.
That we've reached a point in American parenthood where we have to shield our children from truth, where we are feeling guilty when they don't get everything they need when they want it.
This is not how the vast majority of Americans have been raised.
There was another story along similar lines.
I forget what it is, but it made me just as incredulous.
Today, I have stumbled across another one.
This time it's in the St. Louis Post-Dispatch.
The infobabe who wrote the piece is Valerie Shremp Hahn.
It's S-H-S-C-H-R-E-M-P, not I-M-P, Shremp.
Valerie Shremp-Hahn.
And the headline, program helps St. Louis area schools use rules to improve behavior.
Well, now, here's an idea.
I mean, why have we never thought of this before, to deal with a bunch of unruly high school and junior high school kids with something like rules?
Listen to this story.
If you were a student at Hall's Ferry Elementary School in Florescent, you would know that when soft music comes on in the cafeteria, it's time to finish eating.
If your teacher asked you to slant, you'd know the acronym means to sit up straight and get ready to listen.
And if you were new at this school and needed a primer on all the school's rules and procedures, and there are lots of them, you would be invited to join the newcomers club.
Lisa Hazel, the principal of Hall's Ferry in the Ferguson-Florescent Schruel District, said, I just think that's so good for kids to come into an environment and know what is expected of them.
Schools, these schools have rules.
Just try keeping 500 children in line without them.
But schools like Hall's Ferry have rules nailed down to a science.
The schools practice PBS or positive behavior support is sometimes called PBIS, positive behavioral interventions and support.
I'll post the whole thing at rushlimbaugh.com.
But my friends, once again, I, your host, find myself in a continuing state of incredulity.
I can't believe I'm even reading an article about this.
Imagine somebody's just figured out here that kids need rules.
And this is considered revolutionary and is something that is unique.
If there's one thing that I know, not even as a parent, kids need rules.
They need boundaries.
They need consistency.
It's elementary.
They need guardrails.
They need to be told what they cannot do.
And they want to be.
They want these boundaries.
So a school in St. Louis has figured this out and it has rated a huge story in the St. Louis Post-Dispatch That a good way to keep order in a school is with rules.
Pat in Houston, as we go back to the phones, welcome to the EIB network.
Hello.
Oh, my God.
Rush, rush, rush.
How are you?
Fine.
Well, Merry Christmas.
Same to you.
This is Sleepless in Houston.
You get emails from me all the time.
Anyway, I just, it is so hilarious.
The reason I called is about the guy that called and accused you of running down Obama because of his color.
Yeah, he accused me of being a sore loser, too.
Well, a sore loser.
But you know that old Shakespeare quote that says, bad men have no ears?
These guys, they are so in denial about this guy that that's what's making them so mad.
I mean, they are just, they're so, it's just, but the way you put a- Wait a minute, wait a minute.
How does being in denial about Obama make them mad?
Well, it makes them mad because the truth is starting to come out about him.
And they can't, you know, they can't handle the truth.
They knew it was there.
They knew it was there, and they denied it.
They're like us, they're like the Republicans or the conservatives are now.
We won't listen to the news now, but they listened to it before, and they weren't getting the information they needed, so they were just in complete denial.
Okay, well, who's mad at him right now?
Why would the guy from Robert Detroit be mad at him when he thinks I'm mad at him?
What do you think Robert in Detroit has realized that he didn't know?
Well, he's realized that Obama is a Chicago thug, just like Bill Clinton called him.
I don't think he's figured out, I don't think Robert's figured this out yet.
I think now, some Obama voters, some leftist extremists are worried, and I keep trying to tell them not to be, they're going to get everything they want and more once they get past the public image and the PR of these cabinet choices and so forth.
The gay activists are upset.
In fact, let's get, let's go for audio soundbite number one.
This is Obama's daily press conference today, and I think this guy actually loves playing president.
I mean, office of the president-elect, he's got the media standing up like Jackson-Debux, genuflecting and all that.
I think he loves playing president.
Comes out every day, takes a couple quick questions after announcing the latest brilliant nomination, and then walks away.
And in this one, he tells the gay community to leave him alone about Rick Warren, who's going to do the prayer at his inauguration.
Washington Post reporter, Peter Schlevin.
A question about Pastor Rick Warren, Mr. President-select.
He holds a number of social views that are at odds with your own views and with those of some of your very strong supporters.
I'm wondering what went into your decision to choose Rick Warren for this prominent role as you embark on your own presidency at a time when you're dotting every I and crossing every T to send some important signals.
It is no secret that I am a fierce advocate for equality for gay and lesbian Americans.
A couple of years ago, I was invited to Rick Warren's church to speak, despite his awareness that I held views that were entirely contrary to his when it came to gay and lesbian rights, when it came to issues like abortion.
Nevertheless, I had an opportunity to speak, and that dialogue, I think, is part of what my campaign's been all about, that we're not going to agree on every single issue.
But what we have to do is to be able to create an atmosphere where we can disagree without being disagreeable and then focus on those things that we hold in common as Americans.
Basically, telling the reporter to screw off here.
But this was an answer that did not answer the question.
Just basically told him, you know, I'm doing what I want to do.
Screw you, buddy.
What you people in drive-by has got to understand is something very simple.
After this prayer, nobody in the Obama administration is going to take Rick Warren's call ever again.
This is just a useful device, public relations, an image, and this is the swan song.
It's not the beginning of anything.
Okay, gay activists, they are livid.
They are upset as they can be at Obama for inviting Rick Warren from the Saddlesor Church in California to give the prayer at the official invocation at the Barry inauguration.
Some of the headlines on this story: Obama picks homophobe, pro-Prop 8 evangelical preacher to give the invocation at inaugural.
Another headline from Andrew Sullivan.
Ugh, the politico, gay activists furious with Obama.
Pro-life Rick Warren to give invocation at Obama inauguration.
They are livid out there.
And this morning on MSNBC Live.
By the way, Andrea Mitchell, NBC News, Washington, just reported that Caroline Kennedy Schlossberg is, as we speak, in Harlem at Sylvia's restaurant dining with the Reverend Sharpton.
Caroline Kennedy Schlossberg is in Harlem at Sylvia's restaurant dining with the Reverend Sharpton.
Rick Warren was on MSNBC today, forced to defend himself, having been chosen by Obama to do the prayer at the inauguration.
Ann Curry was the interrogator and prosecutor.
And by the way, Rick Warren and Obama have the same position on the issue of gay marriage.
The identical position.
But it is Rick Warren who now must defend himself.
And Curry says, how have you reconciled yourself with the pain that you've caused because of that loss of faith in you?
Well, because if that hadn't passed, the pain that would have caused to farm millions more, I think, would be more severe.
And here's what I see in this, Ann.
For 5,000 years, every single culture and every single religion has defined marriage as a man and a woman.
Not just Christianity, Judaism, Islam, Hinduism, Buddhism.
Hell, folks, even the Somali pirates are opposed to gay marriage.
He didn't mention them.
But how about this question?
How have you reconciled your...
This is about his pro-prop-ed, you know, anti-gay marriage.
How...
How have you reconciled yourself with the pain that you've caused because of that loss of faith?
Ask Obama the question that way, Ms. Curry.
I dare you.
Because Rick Warren and Obama's position on this is the same thing.
Then they had this exchange about Rick Warren being homophobic.
Your position has raised the specter that you are homophobic.
And that is why you laugh.
But that is why people are angry.
Gay people are angry.
You understand that.
Well, I could give you 100 gay people.
Are you homophobic?
Of course not.
I have always treated them with respect.
When they come and want to talk to me, I talk to them.
When the protesters came, we served them water and donuts.
An interesting menu, Choice.
Water and donuts.
When gay protesters showed up at the Saddlesore Church.
Your position has raised the specter that you are homophobic.
Ask Obama that, Ms. Curry.
Ask Obama that question.
If people are angry, gay people are angry.
So are conservatives.
Ms. Curry, what gives militant gay activists exclusivity on being angry?
Why does every minority in this country get what they want automatically just because they're angry?
Just because they're offended.
There are a lot of us who are angry every day, and we find ways to laugh at it.
And when we're in good moods, we happen to stumble into stupid questions like yours, Ms. Curry, of Rick Warren.
And it runs the risk of making me mad and angry.
And if you make me mad, and Ms. Curry, by your own definition, I'm a minority.
I'm a conservative.
I'm a minority.
And you have made me angry.
And because you have made me angry, Ms. Curry, and because I'm a minority, you should quit.
You should give up your job because you're making me mad.
You're offending me, Ms. Curry, with your obvious bias and unprofessional behavior.
So using your own theory that gay people, militant gays, ought to get what they want because they're minorities and they're mad and they're angry.
Well, then why can't I get what I want?
I'm a minority.
I'm a conservative.
And I'm mad.
And I'm angry at you.
I am drived by phobic.
I will admit that I'm drived by phobic.
I am, I'm driving by phobic, prejudice, bias.
I mean, how can you be?
I know who they are.
I know exactly who they are.
So here's Ann Curry trying to stir up all kinds of foam.
Why don't you go ask Obama the very same questions in the same tone of voice?
Why are you going?
Rick Warren, all he did was say, okay, I'll come show up and do the prayer.
Why don't you go ask Obama who invited him?
Ms. Curry?
Sorry, Ms. Curry, why don't you go ask the Messiah?
Why don't you go ask the Anointed One?
Why don't you go ask, Lord Barack Obama, the most merciful?
Why he chose a homophobe who makes people mad to give the prayer at his inauguration?
Or are you afraid to ask Obama these questions?
All Rick Warren's doing is sitting there minding his own business at the saddle sore church, serving doughnuts and water, which is close to what prisoners get.
When militant gays show up to question him about his position on Prop 8, Obama calls, Rick, and offers him the chance to do the prayer.
What's Warren supposed to say?
No, screw you.
I don't go do prayers for liberal Democrats in Washington.
Of course he's going to accept it.
They have identical positions on Prop 8, and all of a sudden, Rick Warren is the Antichrist.
One more soundbite here from the Messiah.
Actually, we have two more.
This Obama today at his press conference, where he loves to play president, Jessica Yellen, the InfoBay from CNN, said, you suggest that you were outraged by the Madoff scandal.
This year, we also saw a meltdown on Wall Street and a crisis in the mortgage industry, which both Congress and our regulatory agencies missed.
Jessica, can I correct your question here?
It should probably be said this way.
This year, Mr. President of the Select, we also saw a meltdown on Wall Street and a crisis in the mortgage industry, which both Congress and regulatory agencies caused.
So do you plan to overhaul the SEC?
Was Congress asleep at the Switch?
And what specific steps will you take to restore the American people's confidence in the government's not just ability, but willingness to regulate the financial industry?
We have been asleep at the Switch.
Not just some of the regulatory agencies, but queue it back up to the top.
We have been asleep at the Switch.
Now, for the last, well, how many years Obama's been in the Senate?
Where was he?
Asleep at the Switch.
We have been asleep at the Switch.
Not just some of the regulatory agencies, but some of the congressional committees that might have been taking a look at this stuff.
We are going to have to greatly strengthen our regulatory apparatus and update it from what worked for a 20th century financial system so that it works in a 21st century financial system.
Of course.
Now, this will be one of my earliest initiatives, and we will be releasing a very detailed plan of how we think that regulatory upgrade will take place.
It's premature for me to give you all the details at this point.
Because if I did, you would regret having voted for me.
Here's Israel in Livermore, California.
Great to have you on the EIB network.
Hello.
Rush, this are equal time.
You are the fairness doctrine.
Merry Christmas, sir.
Thank you very much.
I appreciate that.
Thank you for bringing to the attention of the American people what this governor who calls himself a Republican is doing in the name of infrastructure.
We have a gold Bay Bridge that they've been working on for years now whose cost overruns, I think, are quadrupled over the original estimates.
We have a subway in L.A., which you've mentioned on this very show it would have been cheaper to buy all of the passengers who ride this subway in Mercedes-Benz than the cost of installing this joke of a project.
We have the big dig that has turned out to be a boondoggle and a huge hole that money has just dropped into, never to be seen again.
Double-decker freeways.
We had one called the Cypress Structure, which fell in an earthquake in 1989.
Does this man not remember this stuff?
He doesn't care.
When you say that we haven't made any investments in this stuff in 50 years, then the rest of what you write is worthless.
The Golden Gate Bridge is worked on daily.
It must be in order for them to not rust out.
What are they doing on the Bay Bridge?
They took down a perfectly good bridge.
It had some problems during the earthquake, and they put up a bridge that is most certain to fail in the next earthquake because engineers, outside engineers, have said the design is just, it's a joke.
It looks pretty, but it's a joke, and the cost overruns have quadrupled over what they estimated.
And they're also finding inadequate work and welding on the bridge that has to be taken apart and done over again.
They're union workers who are paid not even to show up for work.
And all this is a payoff to their buddies in the unions.
Schwarzenegger's chief of staff is Gray Davis' old chief of staff, the very man we ran out of office, and he puts her in charge to do his speaking.
This man is not a Republican.
Well, I know.
But let's not forget also that Schwarzenegger's wife is Maria Kennedy.
And also, if you look into it.
No, You may think it's Shriver, but she's a Kennedy.
Her mother was a Kennedy.
It was Maria Kennedy.
It's Caroline Kennedy.
It's Maria Kennedy.
They're all Kennedys now.
I don't care who they marry.
I don't care what their maiden name is.
They're Kennedys.
Well, maybe there's a fine sheet waiting for in the wing soon.
You know, I had forgotten this business, the LA subway.
You give everybody out their Mercedes-Benz cars, it'd be cheaper than building the subway and putting people.
Who in L.A. is going to ride a subway?
Underground subway.
Who the hell is going to do that?
Nobody's going to do it unless they are forced to do it, ladies and gentlemen.
Quick timeout.
We'll be back right after this.
Ha, par you, Rush Limbaugh, talent on loan from God.
Barack Obama at his press conference today in Chicago.
He had a question here from Ebony Magazine's Sylvester Monroe.
Mr. President-Select, it seems that there is a crisis in confidence in among American people in government, in our financial institutions.
What do you plan to do in your administration to work on this crisis confidence?
The American people right now are feeling frustrated that there's not a lot of adult supervision out there.
Whether it's in the political world or in the financial world, there's a sense that anything has been going on.
That whatever's good for me, I do.
There needs to be a shift in ethics on Wall Street.
Everybody from CEOs to shareholders to investors are going to have to be asking themselves: not only is this profitable, not only whether this will boost my bonus, but is it right?
Does it conform to some higher standards in terms of how we operate?
Well, I thought this is already done.
I thought that his election was going to transform people in this way.
So the president of the United States is going to convince everybody from CEOs to shareholders to investors to basically focus on fairness and not profit because that's the only way to fix this.
And we need some adult supervision.
We've had adult supervision.
It's called Chris Dodd.
It's called Franklin Rains.
It's called Barney Frank.
It's called Jim Johnson.
It's called Nancy Pelosi.
It's called Harry Reid.
We've had lots of adult supervision here.
It's called Rod Blagojovich.
We've had a lot of adult supervision here.
And they got exactly what they wanted.
Mr. President-Select, Jerry in Pittsburgh.
Great to have you on the EIB network.
Hello.
How are you doing, Rush?
Merry Christmas.
Thank you.
Hey, Rush.
Back in 2005, the Port Authority of Allegheny County was facing a budget deficit that was going to result in an increase in fares.
And Ed Red Dell stepped in and used state and federal transportation monies to bolster that budget so that fares wouldn't be increased.
And he admitted in a Pittsburgh Business Times article at that time that he was averse to doing this, but he believed because it was like robbing Peter to pay Paul, but he felt he had to do it.
And so there's an example of where monies could have been used for infrastructure, but instead he chose to bolster an agency whose budget is consistently under fire for the business.
But see, the key here is he didn't want fares to go up.
Right, for his constituents.
Yep, right.
He didn't want fares to go up for his voters.
Plus, he was also smart enough to know, and also smart enough not to say, because the Democrats would have kicked his butt.
He was smart enough to know that raising fares would reduce ridership and therefore reduce revenue.
So, yeah, he sloughs it off on another bureaucracy and so forth.
But he was smart enough to know that raising all these prices to the consumers to access the precious infrastructure of Philadelphia would result in fewer people accessing the precious infrastructure of Philadelphia.
I mean, they all know this stuff, books.
They all know this.
They all know that their economic policies are psych, but their economic policies are not.
policies put into place for the betterment of America or you or me.
Their economic policies are designed to create dependency among as many people as possible, resulting in power for people like Fast Eddie and so forth.
Thanks for the call out there, Jerry.
Appreciate it.
Spending by California's state government has increased 32% since Governor Schwarzenegger took office in 2003.
And now the state is running out of money and is having difficulty borrowing it.
This is from the CyberCast news service today, by the way.
A group of state officials met yesterday to discuss freezing numerous state projects.
And even in the midst of a recession, the Democrat-controlled state legislature is now planning to increase the state's sales and gasoline taxes and add a surcharge to the state income tax.
2.5%.
It will make the state of California with the highest personal income tax rate, put it up to 13%.
I think, I'm going to have to check this.
I think the gasoline tax they want to raise is something along the lines of 18 cents.
Okay.
Okay.
Total of 39 cents a gallon on the gasoline tax.
Short little story of the L.A. Times about this.
Very, very, very short little story about this in the L.A. Times.
So Schwarzenegger has increased state spending 32%.
The top marginal income tax rate in California, now the highest in the nation.
Call a lot of these things fees, so they don't have to be voted on.
And he has the audacity to write an editorial demanding we follow him on infrastructure spending.
Only 17% of eighth graders can read at grade level in Chicago schools overseen by Obama's Education Secretary Designee.