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Jan. 27, 2009 - Rush Limbaugh Program
37:24
January 27, 2009, Tuesday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Greetings and welcome, ladies and gentlemen.
I, once again, Rush Limbaugh, the man President Obama says you should not be listening to.
Kicking off another full three-hour broadcast excellence excursion.
Great to have you with us.
I want to warn you, my first item today is going to infuriate you, and I don't expect very many people to understand my point of view on this.
But that has never stopped me from telling you my point of view.
And it's never stopped you from eventually realizing that I am right.
Don't doubt me.
Telephone number 800-282-2882 if you want to be on the program, the email address today, Lrushbow at EIBNet.com.
And this first item is deeply troubling to me, and I dare say that I'm probably in the range of maybe 2% of the American people troubled by this for the reason I'm troubled.
Of the American people who know about this, I will guarantee you a hundred percent of them are angry.
Well, let's let's say 99%, just to be safe.
Nothing is ever fully complete or totally 100% of one way or the other, but uh except that basketball score down in Texas, which is a hundred a zip.
However, in this case, I'm I fully believe that I'm going to be on the opposite side of ninety-nine percent of the people.
I am the one who resists the tug of popular sentiment.
Now I want to take you back to December, ladies and gentlemen.
This is a teachable moment.
I don't want to build it up to be too big a deal, but I want to take you back to last December.
Starbucks, the coffee bunch, had just announced layoffs of oh, I don't know, thousands of people, and they're closing some stores.
And at the same time, they were what?
They were taking the delivery of a new G-550 that month.
Uh the 45 or 50 million dollar corporate jet, and every corporate jet is described as plush, and I can assure you they're not all plush.
Some of them are built to be chartered, and the decorator inside has basically made the whole thing look like a case of wine's already been spilled on everything because of the people chartering it, not owning it, not caring what they do to it in terms of damage.
So they're not all plush, but it is a cool way to get around.
This caused this the decision, then they had ordered this jet four, three or four years earlier, and they had decided to go ahead and accept delivery because they said the costs of uh selling it or refusing it made no sense.
This caused an outcry.
There was an outrage.
There was protest all over the Great Northwest.
Why, how dare they?
They're closing stores and they are sh they're laying people off.
How dare they accept the corporate jet?
That was the sentiment of about I'd say 99% of the people who heard the story.
And in fact, how can you blame them with ignorance being the most expensive commodity we have?
The demonization of the private sector continues unabated.
It has been going on for as long as I have been alive, and it's been the Democrat Party and the American left, which has been demonizing the private sector, and after 50 years, it's just tough for people in generation after generation to uh resist it.
So I asked a question.
What is the correct conservative response to Starbucks accepting delivery of their new plush corporate jet?
Oh, by the way, to add insult to injury, the CEO flew it to Hawaii for a week over Christmas, between Christmas and New Year's, uh, while having closed stores and laid off employees.
And I said, what is the correct conservative response?
Uh, and then what is the expected public response?
Well, the correct conservative response is none of our business.
None of anybody's busy.
If they want to run that company that way, and if it results in a company going to hell, and if it results in the morale of the employees that are left going to hell, that's their business.
It certainly Isn't Obama's business what they do?
It certainly isn't Carl Levin's business.
It certainly isn't Barney Frank's, and it certainly isn't Chris Dodd's.
But all four of those people are attempting to make similar decisions made in the private sector their business.
And their foot in the door is bailout money.
Okay.
First we had John Thane, who has now thrown himself on the mercy of the masses.
He spent a million two, not of TARP money.
He spent a million two of Merrill Lynch money to redecorate his office.
1.2 million dollars had to hire a contractor, had to hire a decorator, uh, had to buy the furnishings, private sector stimulus, it all happened, but it has been skewered.
It was insensitive.
It was at a time when Merrill was losing money and Thane's out there, he's throwing himself on mercy for everybody's.
Oh, yeah, I should have used my own money.
I'm sorry, but that's horrible.
That's horrible.
What do you want me to do?
You want me to go up with a cross?
What do you want me to do?
That's just terrible.
Uh so he's apologized.
He's gone, he's history.
We now learn that Citibank is accepting or had made the decision to accept the delivery of a new Falcon jet, Disalt Falcon jet, uh, which is assembled in France.
The components are made all over the world, but it's assembled in France.
So it's a French jet.
And it's around $50 million.
I forgot the salt, it's it's a it's a Falcon C7 or X7 or some such thing.
Seats 12 people, flies 559 miles an hour, and of course, very plush.
Now hang on, Snerdley's already whispering in my ear, you're not going to defend that.
Would you just let me take this to where it's going?
I told you I'm gonna be one percent of the opinion in this.
Okay, so Citibank has been bailed out.
And so arguably Citibank is accepting the delivery of this thing with money from the bailout.
However, I'll guarantee you uh during the construction project process, the building process of this jet, they had to make progress payments long before they were bailed out.
It takes three or four years to get one of these things, two years minimum.
Uh, if you start out just getting one.
I don't want to split hairs here.
When it was learned, the New York Post uh announced yesterday that the Citibank was taking delivery of this thing and that the execs wanted it.
$50 million Falcon private jet.
This caused outrage on Capitol Hill and at the White House.
And I want to read to you something that Carl Levin said to permit.
Now Carl Levin is a senator from Michigan with bad hair to permit Citigroup to purchase a plush plane, foreign built no less, while domestic auto companies are being required to sell off their jets is a ridiculous double standard.
I have urged Tim Geitner, tax cheat, treasury of the Secretary, to do what he can to stop this absurdity from occurring, and I am assured that he will look into the matter promptly, and I am sure also that 99% of the American people are cheering.
Even I'm sure most of you are cheering this.
Make them get rid of the jet.
Why, how many salaries could they have paid people with that $50 million?
They wouldn't have had to lay people off, and that jet's just for the execs to fly around and go on their vacations.
Come on, Rush, get with it.
Don't tell me you're going to defend this.
I'm not defending it.
I want to give you something more chilling to consider.
I realize that the federal government now has the power to tell any of these peons, these idiots that went along with this bailout how to run their businesses.
These idiots, these titans, these so-called masters of the universe who ran around with their hands out.
They've lived on everybody else's money for so long that they thought nothing of living on ours.
And so they willingly take these bailouts.
Once they do that, Carl Levin can tell them what they can do any time of the day.
He can tell them what kind of bathroom they're going to have.
He can tell them where they're going to go, and this scares hell out of me.
When I read this story by or this quote from Carr Levin, to permit Citigroup to buy their jet while the auto companies are being required.
Who's doing the permitting here?
Who's doing the forcing or the requiring here?
Why, Carl Levin and the Treasury Secretary.
Which is the federal government.
If you are going to sit around and applaud this on some silly populist notion that these masters of the universe deserve to have somebody slap them upside the head and tell them what's right, then just stand by and wait for them to tell you how to run your business someday.
It's going to hell, folks.
The public school system is already being dictated curriculum by federal governments and state governments because of the money.
The school lunch program is the ticket that allows the federal government to tell some schools what their curricula's going to be.
Oh, you want your kids to eat?
You want us to pay for it rather than your parents?
Ha ha, wink wink, your parents are paying for it anyway.
We're just taking the money first.
Another thing about the stimulus.
It's like my brilliant proposal yesterday.
Why do we have to have this money washed?
The money launderers in Washington.
Why do you just let the keep people who are producing it keep it and stimulate the economy themselves?
Why does it have to go to Washington for these big whigs to sit around and ponder who's going to get it?
Do you know that in the Obama stimulus package, 4.19 billion dollars is going to acorn.
Obama's community organization.
You would somebody tell me what the stimulus is in that.
Oh, it's not, it's not called acorn.
It's called uh neighborhood stabilization programs.
Now, when somebody explained to me what in a name is Sam Hill, and there was a Sam Hill, I looked it up.
Would somebody explain to me what in the name of Sam Hill?
4.19 billion dollars to a voter fraud organization has to do with stimulus.
Well, I tell you what's what's going on here.
We, ladies and gentlemen, we are funding Obama and the Democrat Party's army on the street.
We are funding the forces of the Democrat Party's re-election.
Voter fraud unit, oh, there's Fox, there's a seven, there's a picture.
There's a picture of the plush jet that will now no longer be accepted by City and Flown.
And by the way, they got 45 billion dollars in a bailout, the plane's 50 million, taking the plane away from them.
Well, that's really that that's it's really gonna really.
How many people in their flight department are now out of work?
Do you know what it takes to fly and maintain an airplane?
You know how many mechanics, do you know what the maintenance on these things is?
They just don't sit in a hanger like your car, and when you decide to get in there, put the key in, head down to the quick and stop or the blockbuster or wherever the hell else you go.
These things are are so federally regulated with with the maintenance inspections and regul I am not trying to garnish sympathy, I'm trying to educate.
Now my staff's even getting smart ass with me.
I'm not trying to, I'm not trying to garner sympathy.
Oh, geez, if you people don't even get it in there, why should I, why should I even continue exhaling another breath on this?
I'm sorry, folks.
I've worked on uh this is some of this is personal, but not the way you think.
I met with my financial guy yesterday.
I do this every month.
And we went through the, and by the way, I hire my financial salary.
I don't, he doesn't, he doesn't get a percentage of wherever he puts the money.
I want him totally objective.
I hate the fees.
I despise the fees, I hate the fees, whether I win or lose, they get paid.
Screw that.
I just, I just so he's going through all the you know the performance, last year's performance, down seven percent.
So forth one of my accounts was down 41%.
everybody's down because of the because of the market and uh you say, well, we've got future this and future that I said, let me tell let me tell you where my head is right now.
My hit is you're showing me I've got X in my portfolio.
But I don't think I've got anything.
I'm pretending I got nothing because I got Barack Obama in the White House, and I got Democrats who are going to try to figure out how to take every bit of it from me, or how they're gonna get it from me in taxes or what have you.
I want to know where I can put it that they can't get it.
And I'm not talking about offshore.
I'm talking about preservation of principle.
What I'm tr what what bothers me here, folks, is not that the jet at Citibank and the executive suite at Merrill are just my God, folks, they are such visible lessons shouting at us to understand what is happening to the engine of American greatness.
It's being usurped.
It's being absorbed by people like Carr 11 and Timothy Geitner and Barack Obama and Rahm Emanuel and all of them.
And if the the more this goes on, and the more we sit by thinking they and only they can create jobs, they're gonna have their hands in as many industries, large and small in this society as possible.
And when that happens, by virtue of bailouts or what have you, then they're gonna be able to direct the way you run your business, the way you work at your business or what have you.
And if they don't like it, and if they think they can get votes by telling you you can't accept the delivery of your jet, and that's all this is, don't think that Car 11 is genuinely offended that these guys are gonna accept delivery of a jet they ordered three years ago because it's gonna upset the future of Citibank.
I mean, this this company's got more far more problems than a 50 million dollar jet.
And these CEOs, they've got worldwide businesses.
You know, they have these things in large measure for I I look at it.
I'm not even gonna try to defend them because it's I know it's a waste of time.
It's now it's a it's a it's a total waste of time.
No, people don't want to understand it, snurly.
People do not want to, they look at a corporate, they've watched Dynasty, they have watched they don't care about Oprah having her jets.
They don't care that Oprah has 10 homes.
They don't care about, but but somehow these guys, and here's what here's the reason why.
Reason why is when government is passing out the goodies, all the people in the country think they're benefiting from it.
But when private industry CEOs or executives get goodies, they think it's the rich getting richer.
But look at big oil.
Six months ago, big oil was hated, despised, thought of as a giant conspiracy because gasoline prices were at four bucks a gallon and rising, and now gasoline price is a buck and a half some places.
Nobody hates big oil.
Is anybody thinking what's happening to them here?
No.
I'm just I'm just I'm just worried.
If these guys are gonna go in and make grabs for all this money at Citibank and wherever else, folks, it's not long because they're so they're gonna come for hours.
Set guy on the phone and ready to go.
Good.
They're gonna go to the phones early today, folks.
800 282-2882, L. Rushball behind the golden EIB microphone, Jason in Bremerton, Washington.
Hi.
Hey, Rush, ditto.
Uh straight to the point, the uh the this should be a wake up for the American public.
Uh what we are seeing with uh senators and congressmen and women telling CEOs what they can and can't do related to toilets, uh planes, etc.
This should be an eye-opener of what they can expect when it comes to such things as universal health care.
What uh makes people think the government's not gonna tell them what they can and can't do as far as eating food, drinking adult barriers.
I know, especially since they're already doing it.
The governor or yeah, governor of New York made it official with his uh 15%, whatever it is tax, he wants to raise 400 million dollars on Coca-Cola and regularly sweetened seven up and uh and Pepsi and and and all the others.
They're already telling us what we can and can't do.
And it doesn't seem to bother anybody.
Oh no, it's it's why how would you tell me how Democrats keep getting elected in California?
California's leading the pack in some of this insanity.
Californians vote, no health care, no welfare for illegal aliens.
A judge says no, that's unconstitutional.
You got to keep paying it.
People are leaving California.
Schwarzenegger has just proposed taxing golf rounds, rounds of golf at country clubs and public golf courses.
Because we have incompetent Republicans running in California, and they are not getting the message out.
Well, yes, certainly is a uh certainly is a factor.
Uh but I I think we have some cultural problems.
I read a great piece in the Wall Street Journal uh op-ed page last night.
And it was written by a lawyer, and he said the biggest, and I'm going to summarize this.
This is not really doing this uh the full justice it deserves, but he said one of the greatest obstacles to the kind of unbridled freedom that built this country the willingness to take a chance is tort law.
Everybody calculates whether to do anything, including let the kids run around at recess.
They calculate what it might cost them if something goes wrong, and they always say, Well, I can't pay what the damages would be, so we're not going to do the activity.
And so a lot of freedom, a lot of activity that was oriented in freedom and exploration, pioneer spirit, not happening.
Because the people who make the country work are getting more and more frightened each and every day.
What happened to him if some slacker decides to sue him with a tort lawyer?
Your guiding light, Rush Limbaugh resisting the tug of popular sentiment.
Your bulwark.
Old reliable, if you will.
800-282-2882.
If you want to be on the program, ladies and gentlemen, programming note on Thursday.
I am really looking forward to this.
At the top of our second hour, we're going to be talking to the recently retired coach of the Indianapolis Colts, Tony Dungey.
Now, his first book was uh sold a million copies.
Uh it was called Quiet Strength.
I just got his um recent book today.
It's called Uncommon Finding Your Path to Significance.
And throughout the theme of his book is what does it take to live a life of significance?
And I just want to give you some of the chapter titles here.
Because you would be hard-pressed in any walk of life to find anybody with greater character and more dignity, more common sense than Tony Dungey, who has spent his life in football, the national football.
He started as a player with the Pittsburgh Steelers back in the 70s, and of course everybody knows that he was a defensive coordinator for a number of teams and went on to the Tampa Bay Buccaneers.
Uh and the um Indianapolis Colts as head coach and finally won the Super Bowl.
But let me just give you some of the man of deep faith, by the way, as many of you know.
Part one, develop your core.
Remember the theme here.
What does it take to live a life of significance?
Develop your core, character, honesty and integrity, humility and stewardship, courage.
Part two, love your family, how to treat a woman.
Fatherhood, respect authority.
Part three, lift your friends and others.
Friendship, the power of positive influence, mentoring, part four, reaching your full potential.
Part five, establish a mission that matters.
And something I really can't wait to talk with him about.
Chapter 18 in this book of Part 5, Establish a Mission That Matters, style versus substance.
And I know where he's going to come down on this.
Tony Dungey is not a showboater.
He doesn't have a PR machine manufacturing an image for him.
He lives his life according to his faith and his beliefs, and that's who he is.
And he it's it's it's just it's unique, sadly, and it's uh refreshing.
In fact, he devotes an entire part, part six, to choosing influence over people over the image people have of you.
Choosing influence over image.
So we'll talk to Tony Don G, the uh recently retired uh retired coach of the Indianapolis Colts on Monday at one.
And we're also gonna talk to him about Super Bowl.
He's there.
He's in Tampa.
We'll be getting his thoughts on it.
And then on Friday in the uh in the second hour of the program, maybe the third hour.
What?
Thursda Thursday, Thursday, Thursday.
That's right.
Did I say Monday?
No, I didn't.
You did you people just aren't.
You are not listening to me in there.
You already are.
Okay, I said Mondays.
Thursday, Thursday, one o'clock, then on Friday, the Hutch.
Back from his hunting trip.
Ken Hutchison, former NFL linebacker, will be here to argue with me about the upcoming Super Bowl.
You know, I'm I'm a Steelers fan.
He's a Seahawks fan.
The Arizona Cardinals are in the Seahawks division, and he'll oppose the Steelers just because I like them.
But he'll be here.
I haven't decided if we're going to do the one or two o'clock hour with the Hutch.
Uh but uh it'll be Friday.
Tony Dungey on Thursday at one o'clock.
Joe in Aspen, Colorado.
Nice to have you on the program, sir.
Hello.
Yes, uh Rush.
Um the reason I'm calling, um can you hear me?
Yeah.
Okay, good.
Uh the reason I'm calling, uh you know, you you sparked some interest in me when you were talking about uh correlation between Starbucks uh jet versus uh Citicorp.
The fact of the matter is, Rush, is that we're we actually have public funds, uh tax dollars that are going to be bailing out Citicorp and have, and I think we do as American people have a say.
If anything, I want to go further.
I'd like to have some stock in Citigroup.
And maybe in uh maybe in some of these other banks that we've given out money to versus uh just.
No, no, I you know, see, this is the thing.
I'm I made I made the distinction.
I said that that Starbucks hasn't taken any federal money and that Citibank has, and it you may have missed this, but I'm angry they took it.
I am angry.
These masters of the universe ran around with their hands out and said, please give me money because you know I've I've said it constantly, folks.
When you take freebies, there's it's nothing, it's not free.
When somebody gives you something, comps you something, they're always gonna want something back.
I hate these guys for doing it.
Well, I not hate, but I just I wish these guys had not taken this bailout.
I wish I wish they did the ones that were gonna fail just fail.
Because all of this has just allowed the federal government to get in there.
I Joe, we cannot run this country with people like you thinking you should get stock for your taxpayer dollars, and that you ought to have something to say about whether or not they get a corporate jet.
That's that ain't gonna work, it's gonna work, it's none of your business.
It ought not be any of your business.
The fact that you think it is is another thing that troubles me greatly.
And I can understand how you think it is.
You think you think that your taxes are going to I guarantee it's nobody's taxes now.
They're printing the money, my friend.
They are printing the money.
And I'm gonna tell you something, folks.
It is amazing that inflation has not reared its ugly head.
At some point, it's gonna have to.
It just is the law of economics.
When you start printing money and there's nothing to back it, old supply and demand, too many dollars for too few goods, guess what happens.
So you're gonna have the currency inflate here.
And uh that that is the greatest inflation when it hits, like it probably is on this deal, is gonna be the greatest tax that you pay, and it'll be hidden, and you not even know it because it's gonna happen gradually.
But if you have if you have uh it's it's it's theoretical that in the next number of years, and I I can't peg the number, but let's say if you have a retirement fund just to pick a number of a hundred bucks, it's gonna be worth 75 in a few years.
So that and nobody's even talking about that.
This is just this is just absurd, and none of it, if you look if you look at the details of what's in this porculus plan, very little of it is stimulating.
It's just pork.
It's the Democrats paying back unions and the people that got them elected.
4.19 billion for neighborhood stabilization.
That means voter fraud.
That's acorn.
We are funding Obama's Army with a so-called stimulus plan.
And it wounds me to the heart.
Joe, I know you're a great guy, but it wounds me to the heart.
So here you call here and say you think you should be given stock in Citibank and that you ought to have a um a right to make a decision on whether or not they accept delivery of their corporate jet.
When you don't know the first thing about what they do, you couldn't run the place if you had to.
You probably wouldn't know what to do with the share of stock that you got.
But you've been made to believe that you own the outfit because your elected officials have bailed them out.
My anger is not at guys like Joe.
That just makes me sad.
Makes me sad as an American that there are a lot of Joes out there.
What makes me angry is all of these freeloaders with their hands out taking this bailout money.
But Rush, but Rush, they needed it.
Their business is going.
Let that if they were irresponsible in Sayonara.
But Rush, but Rush, the made them government made them do some of these things.
Yeah, let Barney Frank and Chris Godd go with them.
We can't bail out everybody and everything.
And I guarantee you, when the need comes for you to get a bailout, you're gonna raise your hand and they're gonna laugh at you.
Okay, Lois in Chicago.
Lois, you're next here on the EIB network.
Hello.
Hi, Rush.
Thank you so much for keeping me sane.
Well, I'm doing world.
Maybe failing uh at that in my own case here.
Oh, no, Rush.
Listen, I'm on the page with you every day.
I sit and I watch these people and I say to myself, I want to pound my television and say you don't get it.
You just don't get it.
Well, here's the thing.
Lois, Lois, here's the thing.
This is what this sadly has been lost.
We need a little reminder.
It pains me.
This is like trying to tell people that one and one is two.
I know.
We need to remember that we the people are the ones that are supposed to tell our supposed representatives how to behave.
They are the employed, we are the employees.
The other way around.
These politicians have created the situation in which these foolish corporate executives are now begging for help.
This is a destructive cycle.
If you want stock in Citibank, Joe and Aspen, then go out and buy it because you haven't yet, just because Carl Levin or somebody would have bailout.
These guys in in what in Washington set these corporate execs up.
They created a circumstance.
Certainly says I'm you're barking up the wrong tree, Rush.
They're never going to believe you.
And he's right.
See, Lois, he's right.
He's right.
Well, you know, Roger.
Because they think you're gonna hear me defending the corporate execs.
I can tell you the truth all day long.
And it's people like Levin and Barney Frank that set these guys up and determined the conditions under which they operated, which led to these worthless loans, toxic assets.
They want to bail out because they think the government screwed them, so okay, make us whole again.
And the government's okay, we'll make you hold and now we're gonna own your business.
It's I tell you, it is just and we've and we've got we've got a president here now who is facilitating this and making it happen.
This is the this is the most glaring and largest grab of the private sector by government ever.
This dwarfs what FDR ever dreamed of.
I know, Rush.
And I I why not to tell you I love your stimulus plan.
It's the best.
Well, I appreciate that, Law's probably.
I'm in Illinois, which and I wanted to tell you that you and I are the same page.
I'm rooting for Rod Vigorievich every day.
I sit and I listen to these people say, Oh, my TXs are so awful in the LIC.
Let me tell you something about wrong in Illinois.
But they vote these same dogs in every year.
And I want to say who is without sin up there can't be able to do it.
Testing first stone.
Testing.
One, two, three.
Lois, do you hear me?
Yes.
Okay.
Let me tell you something about Blagoyovich.
Yes.
And this is another 99% of the rest of you.
By the end of this show, I think you're gonna think I need to be committed.
Blagoyovich is a smart guy.
It's a shame this clown went into politics.
He did a stupid thing, but he's playing this.
He's play.
I was gonna nominate Oprah, but I didn't know if she'd take my call.
Oprah is more inf influential than a hundred senators.
This guy, he's running around and going on a view and he's saying the things that those airheads want to hear.
Uh, You know, he he's he's a typical schemer.
We need schemers like this in the private sector.
Not we need these schemers screwing other people on our behalf, not screwing us.
He just went in the wrong business.
Lois, thanks for the call.
We'll be back.
And greetings and welcome back, Rush Limbaugh on the cutting edge of societal evolution.
I'll tell you another, you know, these these things like harping on the the John Thane office at Merrill Lynch, or the corporate jet at Citibank, or the corporate jet at Starbucks or the auto companies.
What in truth these things really are simply diversionary tactics to get people to stop talking about the trillions of waste in the bailout bill.
That's why I, ladies and gentlemen, I'm immune to these kinds of tricks.
I am your highly trained broadcast specialist host, and I'm combining both of these into one presentation as a teachable moment.
At least I'm trying to.
And I'm trying to say that this jet business and the office redecoration are irrelevant to what's going on, are irrelevant to the trillion dollars, the trillions of dollars that the government is taking out of our economy and absorbing itself.
Now I'm in a lighthearted moment here.
As you know, I tried to make a point about private sector stimulus with the Merrill Lynch office redecoration.
Let me re let me redo the point.
Because I have come under um criticism for this on CNBC.
I know this is I told Snerdley, by the end of this day, I'm gonna be in the upper one-tenth of one percent of popular thought in this country.
I'm gonna have 99.9% of you thinking I've gone off the deep end.
Basically, I I just look at all the parameters, all the circumstances here.
It was a year ago before any bailout money, John Thane redecorates uh the executive suite, 1.2 million dollars.
It's learned last week that this happened.
So it's put into context it was TARP money or bailout money.
It wasn't.
But they were in a plunge.
They were, they were, they were in a crisis, and so opens the doors to a lot of, oh, that's stupid.
That's outrageous.
These guys are just they're just so self-absorbed, it's all about them and all about them and so forth.
And I said, okay, let's look at a present context.
1.2 million, they have to hire the contractor, the decorator, and you buy the furnishings.
Private sector stimulus.
Somebody got paid for this, somebody got paid for their services in the private sector now when that needs to happen.
What's the difference if Merrill Lynch or a bank, you know, if they had decided to loan all of that money to a bunch of people that were going to go out and invest in businesses in the privacy, still get private sector stimulus either way it happens.
But Steve, since they got bailout money, which was not used, it allowed Obama and Carr Levin to say, well, C C we don't want the money used this way.
This is not, and of course, the American people, yeah, screwed.
And I these guys look at these Wall Street people.
I'm as infuriated as you are, but not for the same reasons.
I am mad at them for not standing up when Congress ruined their businesses.
I'm mad at them for not standing up saying, no, we're not taking your money.
I'm I'm I'm they thought they had an unholy alliance.
They thought they were in the same club with these elected officials.
I'm these guys, a lot of these guys that are going down the tubes on Wall Street are Democrats being taken down by Democrats.
And the Democrats are showing we'll take you down if it means votes for us.
I don't care how much money you've given us, most of these execs on Walls we're talking about are high-level liberal Democrats, and they're going down the tubes, and they're they're having their images destroyed by people they thought were on their team.
So, okay, now given that, here's a little clip.
CNBC this morning on a show called The Call.
New York Times Andrew Ross, or Andrew Ross Sorkin, says to Charles Gasparino of CNBC, that thane office, that's not defensible.
There's nothing defensible about it.
Anybody that defends that office the two people who I love that defended that office, well, one person I love is Rush Limbaugh, and he defended it on purely like it was supply-side economic.
Well, you know, so what Mr. Gasparino, big fan, apparently, CNBC, wait till he finds out what I said about the Citibank Jet.
But I didn't defend it.
Don't forget.
The Citibank Jet, that's a teachable moment.
What I'm saying is that, you know, about about I'm livid at these guys for putting themselves in this position because the jet doesn't mean diddly squat compared to what's happening all around us.
We're being distracted and diverted by this populist class envy stuff, while our private sector is being eaten alive by federal government led by led now by Barack Obama and Democrats who want to absorb as much of the private sector as they can, and they're doing it unabated practically.
Nobody's standing up and stopping him.
He had sidetracked his jet business and the bathroom business and the corporate exec business, but not here.
Back after this.
Rod Blagoyovich would never have apologized for the jet.
Rod Blagoyovich would never have apologized like Thane did for redecorating his office for 1.2 million dollars.
Blagojevich would have said the jet and the office redecoration were stimulative.
They were stimulus for the economy.
And the Democrats would have bought it.
That's the Blogoevich is telling these guys to stick it, even while they're playing tapes of him trying to sell a Senate seat.
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