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July 15, 2009 - Rush Limbaugh Program
35:46
July 15, 2009, Wednesday, Hour #3
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And welcome back.
Great to have you with us, Rush Limbaugh.
Having more fun than a human being should be allowed to have, and so are you, because you are listening as I do what I was born to do.
And that's host.
A telephone number if you want to be on the program today, 800 282 2882, and the email address L Rushbow at EIB net.com.
Sonia Sotomayor.
And it's uh remember that convoluted, twisted uh question and answer business on wisdom yesterday where she said, Well, I what is her name?
Sandra Day O'Connor, she couldn't have meant what she said.
And I said, Well, if she can say she didn't mean what she said, if Sotomayor can say that Sandra Day O'Connor didn't mean what she said, then she could say it about any of the founders who wrote the Constitution.
It doesn't mean what it says.
That all led to a discussion of wisdom.
White judge, female judge, Senator Day O'Connor said, I hope they're equal wisdom.
And Sotomayor said, Well, you know, just because they might have different decisions or conclusions in a case doesn't mean that neither of them has wisdom.
Do you like to hear what one of the founders said about wisdom?
Since Sotomayor has made it an issue.
Thomas Jefferson.
Honesty is the first chapter in the book of wisdom.
You know, this this moral relativism and now truth relativism.
You know, wisdom uh very rarely, ladies and gentlemen, is somebody who's wrong called wise.
And there are clearly wrong legal decisions people make, and they are not made by wise people.
At any rate, I wanted to throw that in.
Now I've got a request here from a guy who wanted an update on how uh pumpkin, my Abyssinian cat, getting along with the puppy, now 14 weeks old, maybe 15, but I'm not 14 weeks old.
Abby, it's an old English sheepdog.
It hasn't been pretty the past two days.
Well, the past two times.
Uh I got back Sunday at noon, and Punkin misses me when I'm gone.
I was gone for a whole week, and when I get back, she will not leave my side.
So I got back at noon Sunday, and I'm just kind of chilling out in the library, occasionally dabbling on the computer, and where she's at my feet or in my lap, or when I sit on a couch, she's on the back of the couch right behind me.
Just can't get enough.
Headbutting me and all this stuff.
Happy I'm back.
Animals are great that way.
And uh six hours later, I I'd ask Catherine, could you bring Abby over?
I want to see Abby.
I haven't seen Abby in a while.
Okay.
But uh I just happened to be walking past the front door to head to the kitchen about six o'clock, punking right by my side, a front door bursts open.
Catherine opens, and here comes that puppy, just running like a blue streak, and pumpkin just gets shocked out of her little skin.
And the puppy sees pumpkin, and the first time they got together, which kind of peaceful, sniffing each other out, uh, as animals do.
Uh the puppy went a little too far in the sniffing, so pumpkin pumpkin started hissing, but they they were peacefully coexisting.
That dog came in and just and pumpkin says he's never met a dog before this.
It just makes a beeline for the other direction, the dog chases her.
And uh Punkiness stops during the chase and hisses, and then hides under a couch.
And oh no, this is just pumpkin's house.
She can't figure out what's going on.
He's never seen a dog other than this one.
What is this thing?
I mean, pumpkin, as far as she's concerned, it might be a Hawaiian lion.
So that then uh I guess it was later that night's time to go to bed, and pumpkin has her own room, where she has her own bathroom, bowl, water bowl, and food ball and so forth.
And it's a pocket door separating the bedroom from Punkin's little room in there, and it I always Leave it open two or three inches in case she needs to get out.
And I get up in the morning, gonna walk in there and feed pumpkin, and the door's open.
And I never go in there.
And then I walk in and the food bowl and the water ball are empty.
The dog had broken in while we're sleeping and had scarfed all of Pumpkin's food and consumed all of Pumpkin's water.
I assume Pumpkin watched this happen.
But Pumpkin was nowhere to be found.
I went downstairs and pumpkin was eating from the the alternate food site.
There's a downstairs place where she can eat also.
And then the chasing chasing happened again this morning.
Pumpkin minding her own business.
Dog shows up.
And poor pumpkin's hiding under couches and into crevices, and a dog can't get there, but it's trying to.
And pumpkin.
Now everybody's told me these two are going to become best friends.
I hope it happens.
But it's it's it's kind of funny to watch, but you can't help but feel a little sorry for the cat because the cat's had this house all to itself for all of these years.
And all of a sudden, here comes this rambling little upstart, taking over, eating food.
And by the way, that dog was never happier than after it ate the cat food.
Uh no, I well, it hasn't the dog has not gone anywhere near the litter box.
All right.
Now, one other thing here, folks.
I've I uh have an iPhone, as you well know, and and many of you do, and a lot of people complain about the iPhone bad.
The 3GS.
And a lot of people complain about the the battery not lasting more than if you're a power user half the day.
You're gonna have it constantly charging when you're not using it.
And I found this this uh carrying case that's an external charger as well that you just attach the phone to.
You charge the charger, takes about three hours or four hours for a full charge on it.
It has four blue lights on the back to tell you how much power is left in the charger.
So you plug the phone into it, and the charger's battery depletes first, and after that's gone, then the iPhone battery kicks in.
And I have found that I'm getting about depending on usage, 14 to 20 hours just with the external battery thing before the iPhone battery kicks in.
Now I don't use locators, I don't I don't navigate, that eats up, and I don't have 3G on all the time because getting email, I don't need it.
The only time I I use Wi-Fi on the iPhone as often as I can to surf the net.
So um it's called the the manufacturer's Mofi, M-O-P-H-I.com, and there's they've got these things for uh I what did I say?
M-O-P-H-I-E.com.
Mofi.com.
And they're in Michigan someplace.
And it's um they've got a model for every iPhone and for iPods and iPod touches and so forth.
And they got two versions.
This is the juice pack, and then there's the air pack, which doesn't have as big a battery and so forth.
Thing is amazing.
And I've been I've been uh testing it.
Uh I well, it's in a little town in Michigan.
I don't even know the name of the town in Michigan.
Uh Pawpa is over there.
They're in Pawpaw, Michigan.
Mofi.com is in Pawpaw.
I have bought 15 of them and given them to friends and associates.
They're uh I think $99 a piece.
And it's just, it's it's amazing.
Uh I've had I've had this attached to the phone since um three o'clock yesterday afternoon, and I've still got 75% of the power on the battery pack, and the iPhone is fully charged.
Now, when the iPhone's plugged into it, the iPhone thinks it's plugged in, so it it uh it it shows you the charge icon, the plug-in icon, uh, because it it the battery icon on the phone does not reflect the power combined with the charger and the phone.
It strictly tells you what the battery of the iPhone is, but just amazing.
I probably you're right, Snerdly.
I've probably done more for the Michigan economy in the last three minutes than Jennifer Granholm has done in two terms.
We are back, Rush Limbaugh on the cutting edge, 800 282-2882.
Great to have you on the uh program here with us today, folks.
Um still got a lot to discuss and share with you here on this healthcare business, but people have been on hold for quite a while.
What is this plaintive look about, Snerdley?
What's what's wrong in there?
Oh, he's talking to somebody.
Somebody's making him cry in there.
Uh Memphis, Tennessee.
Mark, welcome to the EIB network, sir.
Great to have you here.
Hey, how are you doing?
Just fine.
Um, in this entire debate about uh health insurance, and let's call it what it is.
It's not access to universal health care because we have that.
It's access to insurance.
There's a component of this that that really hasn't been talked about, and that's the role of the insurance agent in the whole process.
Uh my understanding of the public plan is that the role of the agent will be either virtually eliminated or drastically reduced.
The point being is that millions of Americans, business owners, individuals, depend on their agent to help them uh cipher through all this stuff.
And you know, we're we're you know, agents are deemed to be an unnecessary cost, but in reality, only agents only represent about two-tenths of one percent of all health care spending.
But it only stands to reason, uh, Mark, doesn't it, that if eventually we have a single payer system and the payer is the government, that you're not going to need an agent.
You're just gonna have to you're gonna have some federal bureaucracy or a series of them that you're going to have to deal with that will in effect take the place of the agent.
But the problem is you're not going to be able to pick and choose things.
You're going to be told what's available.
If you don't like it, tough because there won't be anywhere else to go, and there won't be another company that offers a competing plan eventually.
Uh and that's the Obama intent.
So by you're you're right.
I mean, there won't be any need for agents other than the people behind the counter to DMV are agents, and the people behind the counter to post office are agents.
To that extent, you're right.
And but if the sole reason why agents are taken out of the picture is because of the perceived cost, look, there's going to be a toll-free number somewhere that people have to call.
Those people have to get paid.
And the bottom line is there's there's not cost savings recognized when agents are taken out of the picture.
In fact, my impression would be that costs would increase.
Well, essentially because you've got to pay so many more people.
Of course, costs are going to go up.
The idea that costs are going to come down is absurd.
There's no such government entity where costs have come down.
Even when they shut them down, the costs don't end.
Now we ask you a question about this insurance agent business.
Are you one?
Yes, sir.
Okay.
Have you heard or read from the plan or heard Obama say that part of the cost savings is going to be eliminating insurance uh health insurance agents?
Well, in the public plan, uh, from what I understand of it, the role of insurance agents is either going to be completely eliminated or it will be drastically curtailed.
Well, by definition, it has to.
Right.
And the job that you do is going to be replaced by a government union worker behind the counter or on the other end of a telephone.
You know, and and and the and the flip side to that is is here in our organization, you know, we employ people to help us manage that part of our practice.
And if that part of our practice goes away, it's going to be very, very difficult.
Here's what you have to understand.
I'm sure you know this.
As two things, you are an insurance agent, and therefore you work for an insurance company.
Well, I'm an independent, so I represent a number of companies.
Okay, that's even better.
You're an independent agent and you represent a number of insurance companies.
The Obama Democrat tactic has been to demonize the insurance companies.
So getting rid of your job and your companies and eliminating those costs is a sales technique.
That's why I asked you where you had heard this, because this is right out of the Class MV playbook.
Um HMOs, all of these, the the doctors, the uh insurance companies who decide who gets what treatment and who doesn't.
They've been demonized and villainized, the drug companies have.
And that's how Obama's hoping to garner public support by focusing public anger at people like you.
And we're gonna get rid of these people.
You won't have to deal with these cheating, lying agents, cheating lying companies, you'll just have to if but if you like what you have, you'll certainly be able to keep it.
But you won't be able to keep it because it won't exist after a certain patch of time.
The government how there's no private sector anything that can compete with the government when the government doesn't have to make a profit.
Well, that's true, because if there's losses, all they have to do is print more money to cover them.
As I see it, you know, to me beyond me being on here may sound a little bit self-serving, but I can tell you that the clients that I have that I've spoken to about this are adamant.
And I'm not trying to pat myself on the back or pat the rest of the of the agents in the country on the back, but the clients that we have are adamant about being able to maintain our services as part of the health care model.
I totally understand this.
There are a lot of people who don't want to give up.
In fact, most Americans, according to polling data, Mark, when they find out, you know, they they the the idea, because we're a compassionate country, the idea that everybody has insurance, all everybody loves that.
That's fair, it's just it's right.
When they find out what it's gonna cost them to give health insurance to everybody else and how it's gonna change their coverage, that's when they drop off.
That's why Obama's trying to ram this through by August before people actually get a handle on the life circumstances are gonna change drastically for the worse when this stuff gets implemented.
Uh I have no doubt that you're you're you're if you represent several companies, you're able to go out and get the best deal for your clients.
That's what we do on a daily basis.
Right.
Well, those days are gonna those days are gonna end, and that's why you're not gonna be needed.
Well, it's uh it's it's unfortunate, and you know we would hope that business owners across the country would get in touch with their legislators and make sure that they are aware of the value that we bring to the table.
Let me tell you something.
There are people getting hold of people in Washington in record numbers.
There are people making donations to various special interest groups trying to stop this.
There is a you're just not hearing about it because the state-run media is not focusing on the opposition to this.
But we've uh over a thousand uh insurance and financial services representatives have descended upon Washington and are in meetings with their legislators today.
Yeah, well, I think these are people that represent a number of different professional organizations.
Yeah.
Well, remember, you're no different than big oil.
You're considered the enemy, you're cheating people, you're robbing people.
That's that's how the Democrats are portraying what you do.
Uh and it's it's a shame.
That's what people need to know about how this party works.
This party, you know, you you were close when you said this is not about health care, it's about insurance.
It's not even about that.
It's about power.
It's about people in Washington.
If once they get this, they'll be able to regulate every aspect of every human life in this country on the basis of the cost impact that behavior has on government health care costs.
The idea we need to keep them down.
Uh so it's it's it's it's hideous, it's insidious, and I want to say one more thing to you.
Never ever be afraid to pat yourself on the back.
Because if you don't do it, who will?
Well, if you're not going to be able to do that.
If you're proud of what you do, if you're proud of what you do, be proud.
Oh, I I am, and we have a very we have a large client base that does that for us often enough.
It ain't bragging if you can do it.
Well, after 20 years, we like to think we're pretty good at what we do.
I'm sure you are, and I I'm I don't doubt for a moment you've got satisfied clients.
I appreciate the call, Mark.
Thanks much.
Um Hickory, I have been there.
Uh Rush to Excellence tour in the first year or two of this program, a big furniture capital, North Carolina.
Hickory, this is Jimmy.
Great to have you on the program, sir.
Hello.
Hey, very much.
Uh, glad you was able to get on your show.
Thank you, sir.
Uh yes.
Uh I what I would like to talk about is uh, you know, they keep saying, you know, it's going to cost uh 1.5 trillion and so forth.
And 1.5 now, it was 1.3 this morning.
It's it's gonna be 1.5, it's gonna be 2.2 minimum.
Yeah.
Well, uh what I don't understand, they say that uh they're gonna pay for part of it by these savings from Medicare and um Medicaid.
Well, why don't they do that savings already?
Uh there's a problem.
There, there aren't any savings in either program.
They're about well, there is a about as broke as everything else is in the entitlement side of things.
We're gonna save money at the only way that they can save money here is to ration care, and they'll ration it against the elderly, grandma, grandpa.
Yeah.
And they're gonna say, look, this this folks, I'm telling you that honest to God truth.
You get the government and Obama has people in charge of it.
The only way they can save money, if they even really care about that, I don't even care about that.
They're just saying they do to get it passed.
But if they do want to save money, the only way they can do it is to tell somebody close to life expectancy who's got a disease, sorry, you're gonna die anyway.
It's not worth the cost to save you, take a paying pill.
Obama as much as said so.
In uh in a healthcare address recently.
That's oh, yeah, yeah.
If you have any complaints, go to Justice Ginsburg.
Why go to her?
All right, this explains it.
This explains it.
I got a note from Debbie Schlossel, who lives in Detroitistan.
And uh and the lighthearted comment.
She says that Pawpaw, Michigan, which is the home of Mofi.com, is Western Michigan Reagan country.
Well, that explains why there's a company in Michigan doing well.
Because it's a Reagan country.
I want to apologize to the Mofi.com people for obliterating their website uh temporarily.
It always happens when we do that here.
And I I have to I have to mention this.
I have been well, not deluged, but a number of emails.
You know, it's really typical of men, Rush to talk about telling a story about a dog and cabinet how much you wanted Kate to bring the dog over because you missed the dog.
Couldn't you have at least said you missed Kate?
Kate knew I miss I'd been telling her all week that I missed her.
But I know it's I uh I know it's I I know it's not gonna work, but I d l I love the puppy.
Don't get the wrong I'm I love the puppy.
I I have more fun with this the I had dogs growing up.
I love pumpkin too.
Nothing's changed here.
What do you mean?
What what's the problem?
Well No, I don't love one more than the other.
I'm a I'm an equal parent like this.
I just you know, I I'm looking forward to these people as oh, they're gonna become best friends, I just won't see this happen.
Pumpkin's gonna be a tough nut to crack.
It's her house.
It's been her house for years.
She's eleven years old.
And this thing just I I knew this was gonna happen.
This dog, puppy boundless energy, comes running and punking sophisticated lady of the house, watches this uncouth, slobbering thing walk all over the house, chase her.
What has happened here?
She looks at me plaintiffly.
What what what what is happening here?
Hides under the couch.
And I got come on, Punky, come on, it's okay.
She wouldn't budge till the dog left.
But interestingly, you know, I hold the dog and my pick pumpkin up, and she doesn't freak out with the smell of the dog on me, so there's there's hope.
All right, who's next?
Pete, Traverse City, Michigan.
Great to have you, sir, on the EIB network.
Hello.
Great to have you uh talking to me, Rush.
It's a pleasure.
Thank you, sir.
I'm calling today about this uh fight that we want our elected uh officials to take up and they won't.
And you know, uh we down here in the trenches are getting tired of it.
If our elected officials are not gonna put their political aspirations aside and fight to keep this country what our founders meant for it to be, why should we continue it down here in the trenches?
See, that's that's the point if they would put their political aspirations aside and choose the side of saving America, they would be advancing their political aspirations at the same time.
That's what I tried to say in the last half hour of last uh of the last hour of the show.
It's you know, this did the time for calculations over what minute changes to the center the party must make in order to win elections.
That's not what it's about anymore.
This is about saving the United States.
Now, my point, Rush, though, is if they're not gonna do it, why should we in the trenches do it?
Now, in my case, my parents were immigrants to this country, and I could make the case that I don't want to be here and renounce my citizenship.
That'll make me an illegal alien.
I can get food stamps, I can get a free education, I can get free health care.
So if they're not gonna fight for me, why should I put up the fight?
Why shouldn't I just sit back and enjoy the easy life?
Um because you know in your heart you'd hate yourself for it.
Oh, absolutely, Rush, you're right there.
But the fact is, that's what I'm looking at at this point.
They just every place I turn around, we're looking at increased taxes, we're looking at increased regulation.
Hey, bud, tell me about it.
We're both living it here.
So the point is, our There is no hope and change.
Yeah, well, there I'm hoping for some change.
Let me let me take the occasion of your call, Pete, to go into the tax aspects of this house health care uh proposal.
Because this is, and I want to say a couple of things about this.
And this, by the way, is from the New York Times blog.
House Democrats provide income surtax details.
Now this is where it starts.
They I I have to tell you these numbers and figures and tax rates, this is where it's going to start.
And then if in the Democrats plan, the House plan, if savings do not result, the tax rates will go higher.
The surtax will start in 2011, the same year the Bush tax cuts end.
So at that point, the top rate goes from uh 36 to 39 and a half.
So you start there for the and and the the upper income earners are gonna again be paying this uh on top of every other tax that's already being leveled against them.
The surtax starting in 2011 will be calculated through a series of building blocks, beginning with a 1% tax on income exceeding 350 for couples and 280,000 for individuals.
So a couple earning 500,000 would pay 1% of 150,000 or a tax of 1,500.
But then the tax rate would be 1% of the excess income from $350 to $500 for couples, two eighty to four hundred thousand for individuals, it's gonna end up at 5.4% of income exceeding one million for couples and 800,000 for individuals.
So a couple earning one million would have to pay a cert taxes on top of their income tax of $9,000.
And they break down how this goes.
Now, that's not enough money to pay for this.
All it is is enough tax to punish achievement, which is what this administration's all about.
Punishing achievement.
However, let me give you the lay of the land.
Let me tell you how the rich will deal with this.
There are numerous legal ways, and I wouldn't be surprised if they are closed.
Let's talk about the subchapter S corporation as a way of organizing yourself.
Individuals can do this.
Subchapter S is a small business as opposed to a C corporate.
And without getting too intricate here.
Oh, by the way, speaking of subchapter S, Stenny Hoyer.
Pelosi's aide said, well, this surtax is not going to affect small businesses because most small businesses don't make 280,000 dollars a year, so they won't be hurt by it.
This man is a glittering jewel of colossal ignorance.
I I is just an idiotic thing to say.
Most small businesses don't make $280,000 a year.
We're not talking about profit.
Sub-S people file on a personal return.
We're talking gross earnings, not profit.
And a lot of small businesses have gross earnings of $280,000 or more without getting into whether they're losing or making money.
This man's a blithering idiot.
This is going to hit every small business.
It's going to wipe them out.
Unless I want to remind you what John Edwards did when the Medicare tax was added, like the FICA taxes, no Social Security.
They added uh I I forget the exact amount, I guess 3%.
Except it applies to every dollar you earn.
John Edwards organized himself, and this is what a lot of rich people will do.
John Edwards organized himself under the law, subchapter S corporation.
And what made him a hypocrite here, he's out there talking about tax raise increases, we need to raise tax on people.
We got two Americans, we had two Americans, we raise tax on the rich people.
He organized himself as subchapter S. I don't remember the exact numbers, but his annual take was something like, I don't know, five million dollars or something.
But he paid himself a salary of a hundred and twenty-five thousand dollars.
So he was taxed, income, FICA, Medicare, on a hundred thousand dollars when he actually earned five million or three million, and he paid himself the balance, the difference between the three million, the five million, and the hundred thousand dollars as dividends.
And bonus, which is not categorized as taxable income.
It's taxed in a different way.
They still pay taxes on it.
And in some cases, he was able to call some of the income capital gains.
So Edwards did that as a way of avoiding the new Medicare tax.
Now, the rich, theoretically, you know, they'll find ways to pay themselves outside of ordinary income, like Edwards did.
This is not going to hurt them.
It'll sock them to a certain extent, but they'll find ways around it.
They'll always do.
I mean, you know, when when when uh Reagan took off his top marginal tax rate was 70%, but nobody was paying it.
It was the marginal rates that is the rate you pay on the last dollar you earn.
So you had all these different brackets if you made 10 to 20,000, you paid X percentage, and then I think I don't know what the top amount you had to make to get to the 70% bracket was, but there were all these deductions and shelters that the tax law allowed that people never got to the 70% rate.
Well, some didn't.
And that's when they Reagan said, okay, we're gonna get rid of this.
70 became 28, but the deductions were taken away.
Not most of them.
Now the deductions are gone and they're raising the rates back up, which everybody knew, and this is this is just so there'll be creative ways of defining income.
This isn't gonna produce the revenue.
The Washington Post has an editorial today saying you can't pay for this on the back of the rich.
There isn't that much money.
You can't do it.
It it all it's gonna do is stifle job creation, it's gonna stifle economic growth, it isn't going to work.
It is purely designed to punish achievement.
It is designed to transfer wealth, redistribute wealth from the cheaters and the liars, the successful to the nation's the wealth, the rightful owners.
And that's the poor and unions and minorities and all that.
Uh it is folks, I'm telling you, this is uh it's it's despicable.
It is it is heinous.
To me, it's almost unconscionable that we have this many elected officials who are willing to destroy the engine of freedom and productivity that is the United States economy.
We've always had them.
I'm just amazed that there are that many of them in the Democrat Party willing to do this.
And we had a call earlier, a drive-by call, and they weren't able to hang on.
Rush, you're overreading this.
Obama doesn't know what he's doing.
He is over his head.
Let me allow for that.
Somebody knows what they're doing then.
Ram Emanuel Soros, Axarod, Mayor Daly, who's running this show.
Somebody knows what they're doing.
If he's just a few, I don't care.
My guess is he knows exactly what he's been raised by communists.
Frank Davis, Sololinsky, big His mentors, Reverend Wright.
He's been raised by people who despise free markets and capitalism.
It's unjust and it's immoral and it's unfair.
I don't care whether he's a figurehead and they put the words for him on the prompter, and his job's to go out and sell it and bone up on enough enough so they can sound intelligent when he's talking about.
I don't care.
Somebody's doing it.
Whether it's him or not doesn't matter.
The Democrat Party is doing it.
And Pelosi's going along with it, Harry Reed's going along with it, and that racist Dick Durbin's going along with it, and Chuck Schumer's going along with it.
Pat Leahy's going, all of them are going along with it.
The Democrat Party is out to destroy the private sector and the economy of this country in exchange for power they think they will never lose.
And we I'm going to tell you something, folks.
They're not going to give up their health care plan.
They're not going to join the public option, they're going to write for all of us.
And when you are an elected official in Washington and are in charge of as much money as they are taking out of the private sector and putting under their control, they are going to end up being so filthy rich.
And their lobbyist buddies.
This is bordering on criminal.
What these people.
He's got czars that are not even accountable to Congress, who are going to run this whole show from cap and tax to health care.
This is not the United States of America, you and I were born to.
I'm way long.
Got to take a quick time out.
Back in just a second.
Okay, for all you sub-S people, I'm sorry.
I won't say any more about it.
And you're right.
I uh uh uh I'm sorry, I may have come close to blowing it, but I won't mention anywhere.
You're absolutely right.
Uh Stephen in Worcester, Massachusetts, nice to have you on the EIB network, sir.
Hello.
Yeah, hi, Rush.
Thanks for taking my call.
You know, one of the reasons I think the uh main reason the market, stock market has been ticking up lately, even though the the employment situation is getting much worse, is because the investment community is prospective.
And as they see that cap and trade is going to fail, and that they see the health care is going to fail, and that they see that Obama's going down in popularity, like he's failing, then that's good for business in the longer run.
So the irony is as Obama fails and his programs look like they're not going to go through, the market will go up.
And then the irony will be Obama will take credit.
Let's see how this is working.
Everybody, you just paid a brilliant picture here, and then destroy it by saying it's all gonna be credited to Obama.
I don't I don't know enough about the market to say whether or not the people at the investing community or investor community is already guessing that cap and tax are gonna bomb out, health care isn't gonna work, popularity going down.
Um there could be more intricate reasons than that.
But your theory is um is as sound as uh as anybody else's.
Look at, like I said earlier, if if the next if the growth in the economy in the next quarter is up, they're gonna credit the stimulus, they're gonna credit Obama left and right.
But until we know whether these things are gonna happen and become reality, we can't predict the economy's future, other than if they pass, we're finished.
Cap and trade, and by the way, we need to stop calling it health care reform.
It's not about health care reform.
Like everything else in Obama's agenda, this is about health care destruction.
By the way, in the stock market, as I mentioned this yesterday, stock market is not up.
The stock, it's not it's up 236 today at the last time I looked.
But the stock market's flat.
It's up 230 one day, down 79, 1799.
The next day, the stock market is stuck, folks.
We're down from a high of 1,300.
The stock market is not 13,000.
Stock market isn't going up.
All right, we'll be back tomorrow.
We'll resume where we left off.
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