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Oct. 22, 2009 - Rush Limbaugh Program
37:11
October 22, 2009, Thursday, Hour #2
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And greetings, welcome back, Rush Limbaugh and the Excellence in Broadcasting Network, where I, as your highly trained broadcast specialist, meet and surpass all audience expectations on a daily basis.
And I have more fun than a human being should be allowed to have in the process.
Here's a telephone number if you want to be on the program.
800-282-2882.
If you want to go the email route, it is elrushbaugh at EIBnet.com.
All right.
I just saw during the top of the hour break, I'm in Snerdley's office, and I'm watching what today is news pornography, MSNBC.
I mean, if Obama's going to say that Fox News is talk radio, then let's call out MSNBC for what it is, news pornography.
And their guy at the White House, John Harwood, giving a smiling, approving report on Kenneth Feinberg, the Pesar, announcing 90% pay cuts for 25 executives at the seven banks and auto companies that the government now runs.
And he said that the administration had to do this to quell public anger over the high compensation of these executives at firms who took taxpayer money.
I bet you, I didn't hear it, but I would bet you that your local radio news, your radio news at the top of the hour, probably had the same thing because that's the media template.
The Pesar cuts were demanded by you.
These 90% reductions in salary and compensation from the Pesar, it had to happen because you were demanding it.
The public was demanding that these guys get their salaries cut.
So that's the excuse that they're giving.
Now, if this is true, if the majority of the American people want this, then we should see Obama's approval numbers just skyrocket the next time a poll's taken, right?
So let me see if I understand this.
The argument is that if the government has some role, including tax dollars, in a project or a program or service that someone benefits from, then the government has the authority to set standards like salaries, benefits, prices, and so forth.
Okay, if that's what you think, let me ask you a question.
Where do we draw the line once this power is unleashed?
Let's say you receive a subsidy.
After all, if you have a student loan, you are being subsidized by your benevolent government.
On that basis, if the government has an involvement in something, then they have the total right to dictate terms, then I guess the government can dictate what course you'll take, what your major will be, where you will go to school, who teaches you.
How about people who received subsidized government housing?
Should the government be able to tell them what they can eat, how many cars they can have?
After all, it's subsidizing your housing.
It's taxpayer money that's buying your house or that's securing your college education.
Then if it's subsidizing your housing, then it's allowing you to keep more of your money to spend in other ways.
Why should you be able to do that without some dictate from the government?
If you're going to sit here and tell me that these Wall Street guys deserve to get screwed like this because that's taxpayer money and they're being bailed out in that way, we want them to do something.
Last I saw, 52% of the people of this country receive some sort of check from the government at some point, which means that 52% of you might someday have to sit there and follow the dictates of this tyrannical regime called the Obama administration.
How about General Motors and Chrysler?
The government owns them now with their United Autoworker friends.
Can the government now tell you how far you can drive, how often you can drive, how many cars you can have, what you will pay for gasoline.
If the argument is that a government connection, a financial government connection, somehow gives the government a constitutional power to dictate, then what are the limits to this power and where are they written?
Well, the answer is there are no limits, really, and they aren't written anywhere.
I'm depressed.
After 21 years, I still have to say what I'm going to say next.
After 21 years, for those of you that have been listening to this show for 21 years, and if what I'm saying to you is causing a light to go off and you haven't considered it before, it depresses me.
When I speak out against a czar dictating salaries and bonuses for executives who work at bailed out firms, I am arguing against tyranny.
I am not arguing for any particular person or salary or benefit.
I am not arguing or supporting an industry.
I am coming out against tyranny.
Unchecked, uncontrolled tyranny.
I am speaking out against the wanton, abject taking of individual liberty and freedom.
I am speaking out against the taking of the fruits of one's labor by a government.
They are taking and stealing people's work.
Frightens me deeply that so many people seem to think this is a good idea.
This government, this government is taking over more and more things with and without our permission.
And then to say that that empowers the government to control our liberty is to surrender your liberty.
You're giving it up when you allow this kind of tyranny to take place for whatever emotional satisfaction you might derive from it.
If the government buys jet engines from Lockheed Martin or some other firm and the company makes billions of dollars from the government purchases, does the government then have the power to determine the salaries and benefits of the executives of Lockheed Martin?
Well, by virtue of what I'm hearing some people say today, by God, yes, they do.
And that scares, I tell you, folks, New Zealand's looking better all the time.
Now, I have not, the Lockheed Martin example is not a bailout.
But without that money, the firm might well suffer economic setbacks or even go under.
Why limit the issue to executive salaries?
Can the government set the wages and benefits of the employees?
If not, why not?
Once they have the power, what limits them?
You think it's just about 25 executives, rich, hated Wall Street executives?
You think it's just about those 25?
This is called a giant jack boot in the door.
This becomes a spiral, a spiral in which your liberty is lost.
The government's power is absolute.
Now, of course, they're starting with the cases which they know are the least sympathetic.
They know Wall Street people have no sympathy.
They know that people have a genuine dislike because of the successful class envy ploys that they've used over 50 years.
They know there's a lot of hatred.
There's a lot of people wanting, you tell those people that have $20 million houses, yeah, you take their money away, yeah, yeah, yeah, why don't you have a job?
Why are we bailing them yet?
Okay, fine.
So you see how they do it?
They pick targets they know or think a majority of Americans will support the action against.
But then, folks, the principle is set and the power is then exercised and it's never surrendered.
You think it's just funny what's going on with the attack at Fox News on Fox News, the White House?
Is this an interesting news story of the day?
Have you thought this through?
Do you realize what this is all about?
This is not just about marginalizing Fox.
This is making sure that no other news agency carries any story reported by Fox.
This is about trying to see to it that Fox loses sponsors.
This is about sweeping Fox off the playing field.
It is not the result of Obama panic.
It is not the result that Obama is worried and he's losing control because he is cementing more control each and every day.
Everything that's happening here is according to plan and is on schedule.
Health care notwithstanding.
That's the one thing that does happen bug because it's supposed to be done by now.
They are having genuine trouble on that in his own party.
Things are not rosy, but he's taking liberty and freedom from people every day.
And he's trying to sweep the playing field of all of his opposition.
And if he succeeds at doing that, then there's no stopping him.
So this is not about getting even with these Wall Street guys.
To me, this is not about defending Wall Street guys or Wall Street or the financial industry or anything about them or what they've done.
It's about shouting from the rooftops that we are losing liberty, that tyranny is on the march.
And it's on the march under the guise of a smile and a soft-spoken eloquence.
When a bludgeon is being used each and every day.
I got to take a brief time out.
We'll do that.
We'll come back after this.
There are people speaking up against.
There are people with courage.
There are people who have not allowed their spines to turn to linguine.
One of them is the former Vice President Dick Cheney.
Be right back.
And we're back, Rushlin Bohr and the EIB Network.
Do you realize, ladies and gentlemen, that what we are living through right now is exactly why the revolutionary war was fought.
What we are living through right now is exactly why the Constitution was written to limit the powers of a tyrannical government.
And we have fought numerous wars to preserve that liberty for ourselves and even other nations.
And now we appear to be just giving it away.
For what?
Somebody tell me what's good about this.
Somebody explain to me why we are giving away our liberty, giving in to tyranny.
What for what?
Where's the improvement here?
Fairness.
Fairness.
So we have been overtaken by fairness.
Fairness is why all this is fairness is why we give away liberty.
Fairness is why we surrender to tyranny.
By the way, this reminder, lest we forget, within days, probably hours of Obama's election, it was announced that the TARP program wasn't going to be anything like it was supposed to be.
It would not be used to buy troubled assets after all.
That's the Troubled Asset Relief Program.
That's what TARP stands for.
November 12, 2008, AP.
Treasury Secretary Henry Paulson said Wednesday the $700 billion government rescue program will not be used to purchase troubled assets as originally planned.
He announced a new goal for the program to support financial markets which supply consumer credit in such areas as credit card debt, auto loans, and student loans.
Now they've taken over student loans.
Next January, the student loan program will be totally run by the government.
They own two automobile companies, and now they're consolidating as much of Wall Street into Obama control as possible.
So as soon as Obama was elected, the whole purpose of TARP was changed.
Lest we forget.
And we see now why.
What is happening is by design.
Dick Cheney, last night in Washington at the 20th anniversary of the Center for Security Policy dinner, the annual Keeper of the Flame Award.
We have some soundbites from the Vice President's remarks.
Having announced his Afghanistan strategy in March, President Obama now seems afraid to make a decision and unable to provide his commander on the ground with the troops he needs to complete the mission.
It's time for President Obama to make good on his promise.
The White House must stop dithering while America's armed forces are in danger.
Make no mistake, signals of indecision out of Washington hurt our allies and embolden our adversaries.
Waffling while our troops on the ground face an emboldened enemy endangers them and hurts our cause.
Another soundbite from the former Vice President.
The President's chief of staff claimed that the Bush administration had not asked any tough questions about Afghanistan, and he complained that the Obama administration had to start from scratch to put together a strategy.
We dug into every aspect of Afghanistan policy, reviewing options and recommendations and briefing President-elect Obama's team.
They asked us not to announce our findings publicly, and we agreed, giving them the benefit of our work and the benefit of the doubt.
The new strategy that they embraced in March with a focus on counterinsurgency and an increase in the number of troops bears a striking resemblance to the strategy we passed to them.
And yet this little man now runs around like a baby, blaming the Bush administration.
He sends Ram Emmanuel out on television Sunday to blame the Bush administration once again for having no battle plan in Afghanistan, for leaving poor old Obama with no direction, nowhere to go.
Woe is us.
Oh, it's so sad.
Our brilliant president was really led down by former President Bush and Vice President King.
Cry, cry, cry.
And now we learn that they presented him a plan, and Obama said, people say, by the way, don't go public with this.
Cheney says, okay, fine.
And they used the plan in March as though it was their own.
And now they're abandoning the plan.
Cheney says we can win if we have courage.
Now they seem to be pulling back and blaming others for their failure to implement the strategy that they embraced last March.
It's time for President Obama to do what it takes to win a war he has repeatedly and rightly called a war of necessity.
And the success of our mission in Afghanistan is not only essential, it is entirely achievable with enough troops and enough political courage.
Taking it to him.
You know, Cheney is a great man.
I love Dick Cheney.
I love his family, and this is very courageous for him to do.
Is there an elected Republican speaking up like this?
I don't think so.
The Republican Party is full of a bunch of moderates, I guess.
Don't feel a need to speak.
Well, Mike Pence, great guy.
There are some of them who don't misunderstand, but I don't see anybody speaking up like this.
By the way, the applause was raucous.
We have simply edited the applause that Cheney got for time constraints.
This is great.
I love this one, too.
In this bite, Cheney accuses the Obama administration of libel.
To call enhanced interrogation a program of torture is not only to disregard the program's legal underpinnings and safeguards.
Such accusations are a libel against dedicated professionals who acted honorably and well.
Intelligence officers who acted in the service of this country find themselves hounded with a zeal that should be reserved for America's enemies.
The Justice Department is set on a political mission to discredit, disbar, or otherwise persecute the very people who helped protect our nation in the years after 9-11.
Exactly right.
And it's being done on purpose.
And furthermore, in his final line, Vice President Cheney last night in Washington knocks Obama for talking down the United States.
We cannot protect this country by putting politics over security and turning the guns on our own guys.
We cannot hope to win a war by talking down our country and those who do its hardest work, the men and women of our military and intelligence services.
They are, after all, the true keepers of the flag.
We can't hope to accomplish anything by talking down our country and attacking those who do its hardest work.
It's not just the military that Obama's selling out.
It's all of us.
It's all of us who are being assaulted, attacked.
Our private sector, which produces our jobs, our livelihood, to where our dreams and ambitions meet with either our success or failure, it's all being co-opted and taken over by the government.
Mike in Jacksonville, Florida, I want to squeeze a call in here before we have to take a break.
How are you, sir?
Good, sir.
I was watching the news last night on this Pesar thing, and I was actually happy about it.
You know, as a small business owner, I'm thinking this might wake some people up finally.
You know, I don't know if anyone, maybe it's just me that caught on to this, but did anyone listen to the 90%?
I mean, is that, I mean, is that, does that, why 90%?
Why not 50%?
Why not 100%?
This is just like what the government does with everything they do.
It's an arbitrary number to get everyone worked up, and then we got to sift through all the ramifications.
Well, we'll see.
We will see.
We will see.
Remember now, the state-controlled media today, Mike, is backing up the decision by the Pesar, who acted without Obama's knowledge, we're told.
They're backing because they're saying people like you, Mike, are demanding this.
The American people are angry over these execs and their bonuses and their compensation.
The American people want these guys financially raped.
Obama's simply reacting to overwhelming public demand.
So that's the story they're putting out.
So everybody that watches the mainstream media is going to think that everybody else in the country is happy about this.
So they think, well, maybe I should think it's a good thing, too, if everybody else does.
And this is how propaganda is spread.
And that's what you get on this program is the truth.
Daily listeners have developed the courage necessary to deal with the truth without going crazy.
Liberals listen at their own risk.
Rush Limboyd, 800-282-2882.
It seems to me, folks, you know, we pay Congress salary, don't we?
And who is it that determines whether or not they get a raise?
Why, it's themselves.
Do we have anything to say about it?
No, just every two years in November.
That's about it.
It costs a lot of money, too, folks.
These people are bleeding us dry.
The United States Congress is breaking this country.
It's going into bankruptcy.
Now, it seems to me that Congress and the president ought to have their salaries cut by 90%.
Look at their record.
Look at what they've done to the currency, to the deficit.
Look at all the waste with our money.
Why aren't their salaries cut by 90%?
Why are we out there demanding that these people be held accountable?
Why do we bow down to this tyrannical authority they have aimed at?
Oh, the government says we have to get a vaccine.
And the government knows everything.
The government is best.
We never challenge the government.
This is starting to remind me of the stories I read about the Soviet Union in the 60s and 70s.
The White House, ladies and gentlemen, has fired back at Dick Cheney.
Robert Gibbs, the press secretary, was asked about Cheney's comments today and said that Cheney failed Afghanistan.
What Vice President Cheney calls dithering, President Obama calls his solemn responsibility of the men and women in uniform, Gibbs said Thursday.
I think we've all seen what happens when somebody doesn't take that responsibility seriously.
Calling Cheney's comments curious, Gibbs attacked the Bush administration for allegedly taking years to provide the support necessary for the war effort in Afghanistan.
I think it's pretty safe to say, Gibbs said, that vice president was for seven years not focused on Afghanistan, even more curious given the fact that an increase in troops sat on desks in this White House, including the vice president's, for more than eight months.
So the White House fires back.
But when they fire back, we hit back twice as hard.
I went back, ladies and gentlemen, to our news archives because I think it's important that everybody remembered there were plenty of mainstream media news stories about the unprecedented briefings from Bush to Obama.
Here's just one.
New York Times Peter Baker, December 16th of 2008.
The White House has prepared more than a dozen contingency plans to help guide Obama if an international crisis erupts in the opening days of his administration, part of an elaborate operation devised to smooth the first transition of power since September 11th, 2001.
The memorandums envision a variety of volatile possibilities.
This is very unusual, said Roger Cressy, a former Clinton White House counterterrorism official who was held over under Mr. Bush.
We certainly didn't do that with the Clinton years.
When the transition happened from Clinton to Bush, remember it was a totally different world.
You had some documents given that gave him a flavor of where things were at.
But now you got two wars in Iraq and Afghanistan, a hot war against al-Qaeda.
The media went out of its way, Gibbs, to point out how Bush was briefing Obama.
It was unprecedented.
Now, the real reason the press did this, don't be fooled.
Everybody knew that Obama had no clue what he was doing in foreign policy.
The reason the press talked about all of the cooperation between Bush and Obama on foreign policy during the transition was to create the impression that Bush saw the Obama people as worthy and responsible successors.
It was all the purpose of these stories was not to praise Bush.
The purpose of all these stories was to elevate Obama to a position of credibility and stature as president-elect.
So gives up the channel that failed Afghanistan.
Now, I had a lot of people check the email.
I've been doing that during the break.
Rush, what do you mean?
This is when I was warning people about the tyranny of supporting this unaccountable Pesar cutting executives' pay.
People, you know, I may mention the fact that if the government gives you a student loan, can they tell you where to go to school?
Can they tell you what to study?
Come on, Rush, as usual.
I got the email.
As usual, Rush, you're exaggerating.
Not exaggerating.
Can I take you back to September 15th, 1993?
New York Times.
In an effort to create more family doctors, President Clinton's health plan would empower the federal government to decide how many doctors should be trained each year as family practitioners, radiologists, surgeons, neurologists, and other specialists.
The proposal is provoking intense debate among medical educators and other experts.
The Clinton health care bill was going to assign universities to medical students.
The Clinton health care bill had it become law would have told graduating doctors where they had to go to work.
It would have assigned them hospitals, cities, and communities.
They were going to stop them from specializing.
We had too many radiologists.
They're going to make them specialize in something else.
Same thing is happening now, except they're not letting this kind of detail get made public, but it's all to the plan.
It's all part of the future.
All right, back to the phones to McHenry, Illinois.
John, I'm glad you waited.
You're next on the EIB network, sir.
Hello.
Hi, how are you doing, Rush?
Pretty good, sir.
Thank you.
Good.
Before I get to my point, I just want to thank you from all of us in middle America.
You keep sounding the trumpets of freedom and liberty, and you and Sean and everybody are truly appreciated.
And, you know, I know there's many of us out there who wish we could do more for you, but we certainly appreciate your willingness to be here for us.
You have done more for me than I can ever thank you for.
Well, it's certainly my pleasure.
My point is real simple.
You know, we've got an administration that really has totally lost control, but now we're going to go down this road where we're going to start telling people how much money that they can make.
Whereas we have Hollywood, which can sit down and make $20 million for what most of the time is a horrible film, but that seems to be okay.
But now we're going to tell those that are responsible for our investments and making sure we have money for retirement by properly running these companies that you can only make so much money here.
I think it's ridiculous.
The hypocrisy is just incredible.
Well, I don't think the entertainment industry is off the hook here.
They're just going to be, you know, right now, the Obama people are going after people who they think nobody has any sympathy for.
Well, that's true.
I think you're 100% right there.
It's just, I just wonder at what point that the rest of the American public is truly going to start to wake up.
It's almost scary that they haven't thus far.
I frankly think more Americans are wide awake on this than you would ever know.
They're just not reported on.
And when they do make themselves visible, such as at a town hall meeting or a tea party, they are ripped to shreds.
They are criticized.
They're called Nazis.
Look at Obama's tanking.
Obama's numbers are tanking.
CNN itself yesterday with a story that half the country disagrees with Obama's policies.
Well, if CNN is reporting that half the country disagrees, then it's more than half.
So it's just the problem is that the people who have awakened feel powerless.
They feel powerless.
They have no political leadership in Washington representing what they stand for.
That's what they see anyway.
They don't see that that leadership exists.
John and West Islip, New York.
Thank you for waving, sir.
You're next.
Hello.
Rush, greetings from the People's Republic of New York.
We miss your contribution to our tax base.
Yeah, mine and many others.
Rush, my point is, like, my question is, like, when are the people who are at the butt end of all of these programs and these that are coming out of the White House, when is there going to be like constitutional challenges in court?
Because, you know, I mean, I wonder if the guys, you know, the smartest guys in the room on Wall Street, AIG, Bank of America, who got the TARP money, mine and your TARP money, did they read the fine print?
Did they like see, hey, well, we're going to be able to take your pay away if you don't do what we want?
It absolutely amazes me.
I just have one other quick point about, did you see at that Wall Street fundraiser how Obama tore into those idiots who paid 15 grand a plate?
I had that in the soundbite roster yesterday and I didn't get to.
Folks, let me tell you something.
If I got to everything I have in my show prep from my stack of stuff to every soundbite, if I got to all of it every day, we'd be talking you off the nearest bridge.
Absolutely.
We had it.
I didn't get a chance to get it.
Yes, I heard it.
I heard it.
Here's the thing about this Wall Street business.
I want you to think about this.
You ask, when are they going to rise up?
When are they going to do something about it?
Is it going to be a constitutional challenge?
I don't think you understand the real abject fear of this administration that most people that interact with it have.
This is a time where these people do not want to make waves.
Now, I want you to consider something else, too.
There are lots of firms on Wall Street.
Not all of them are having their pay cut.
Just, I have to get the list, but it's just five or six, maybe seven of them, plus the automobile companies.
But there's a whole bunch of people that are not even being touched, like Goldman Sachs, the wealthiest Wall Street firm.
Look, is anybody complaining in a recession, you know, Biden calls a depression, that they tried to hide the fact that they had a record first quarter this year and that their bonus payments to their people are in the billions?
And do you hear the Pesar going after them or Obama going?
No, no, no, because there are some Wall Street firms that are A-O-K.
And they are the ones who are going to really get rich if this cap and trade thing ever happens because there's cap and there's trade, trade what?
Trade carbon credits.
Where do you trade things?
Wall Street, the stock market.
Guess who's going to be making money on both sides of the trades?
Ever heard of Goldman Sachs?
And I'm sure some others.
So it's not.
This is another point here, folks.
You think Wall Street's being screwed?
It isn't Wall Street.
Some of the richest, wealthiest, most powerful people are being enriched further by virtue of this.
They happen to be the ones giving all the money to Obama, by the way, back after this.
And welcome back, El Rushbo and the EIB Network.
I can't find it.
I got too much stuff here.
But folks, I really mean it.
If I ought to do it one day, go through, just mention the headline, the first paragraph, every story to stack of stuff.
Don't waste time commenting on it.
Just mention it.
Just mention it, and I see how many people we have to talk off a bridge.
I'm looking for a story here about Congress working very hard to expand unemployment benefits.
A bunch of poor Americans are set to see their unemployment benefits expire in December and are working real hard up there, which means print more money that we don't have to expand unemployment benefits to people who've already been unemployed for who knows how long.
They've stopped looking for work.
And I looked at the story, said, Why not focus on getting jobs created in the economy instead of all this focus on never-ending benefits?
And then I had to stop, slap myself.
Rush, you're missing the point.
They're doing it on purpose.
They want all these benefits expanded.
They want more and more people on unemployment compensation.
Marie in Los Angeles.
Hello, and welcome to the EIB Network.
Great to have you here.
Yes, hi, Rush.
Hi.
Thanks for taking my call.
And I'm a faithful listener for years.
I just wanted to make another comment about the salaries Fine Go is giving, telling them what they can pay their executives.
Feinberg.
Feinberg, I'm sorry.
You should stress, and no one is questioning Obama about this, that when he took over the banks and the automobile companies, he said, I don't want to run these companies.
He said, we'll just be shareholders.
See, it's our money, the taxpayers' money.
He said, I don't want to, and I'll give the money back.
I remember it.
And then no one.
Why is anyone who wants to go to the war?
Well, I want to run these companies.
I got a war to win.
I'm going to govern this.
I don't want to run it.
Also, why aren't they questioning him?
Because when Joe Wilson called him a liar, his whole campaign was on untruths.
And so it really gets me upset when I hear this, that when they wanted to pay the money back, he said, oh, no, we have a stress test.
We have to wait and see whether you have enough money before you can go back and running a bank.
And no one is following this.
And he's going to continue to run these banks.
This is what he wanted to do in the first place.
And so they should really call him down.
There's nobody to talk to him about.
I've called Congress.
Who do you talk to when the top people are not, you can't trust?
You know, I call the FBI.
And you know what they told me?
No.
They said, watch Fox cable and listen to talk radio.
And they said, and then I called another time.
Wait a minute, wait a minute.
Wait, whoa, whoa.
Whoa, whoa, whoa, back up.
You called the FBI.
Well, yeah, I wanted to find out what was going on with Acorn, the 14 states that they had arrested these people.
What FBI office did you call?
In Los Angeles.
And they told you to listen to Fox News and talk radio?
Talk radio.
To find out what was going on?
Yes.
And the next time I called, you know what they said?
No.
Listen to talk radio and watch Glenn Beck.
And they said, we all watch Glenn Beck.
That's what I told you at the FBI.
Exactly.
And so when I wanted to find out, they said, call the Justice Department what was going on.
Well, the Justice Department, you can't trust.
I mean, who do you talk to?
Who do you talk to if you can't trust the top?
I called, what's this, John Boehner, because he's the one you can really talk to.
And I said, you've got to tell them that Obama's going after the internet and talk radio.
They've got to stop it.
And what did he say?
Well, I talked to the author.
He said, yeah, we know what's going on.
And when I call the FBI, they said, we know what's going on.
They said, but we can't do anything because the Secret Service will say they're in charge.
Now, this is what's going on right now.
You know what, folks?
I feel like I'm in that balloon flying over Colorado.
They all know what's going on.
Who you go?
I feel like.
So a woman calls the FBI to find out what's going on.
The FBI says, watch Limbaugh or listen to Limbaugh.
Watch Fox.
Look, but to your original point here that Obama said he didn't want to run companies, and yet he's running companies.
Don't forget what I said at the top of the show.
The number one, well, not number one, but one of the primary ingredients to any president's long-term success is deniability.
And Obama, the drive-bys are doing very well getting the story out that, hey, this Feinberg guy acted totally on his own.
You know that Obama's so busy working on Afghanistan, he didn't even know.
He didn't even.
Now, let's take them at their word just for the moment.
Obama didn't know.
Okay?
So Feinberg says, hey, Wall Street, 90%.
You're gone.
Has Obama said, oh, I think that's a little high.
We should have been consulted on that.
We're going to roll that back to 88%.
Has he said anything?
He ordered this, but they're trying to give him deniability.
We'll be back.
I've probably, folks, I have probably gone through only 10% of my stacks today.
Because stuff keeps happening during the show that is thus more current and more timely.
So I'm going to try to just go like a bat out of hell in the next segment and just show you what's really going on out there and what's happening.
I owe that to you at least.
So sit tight, don't miss it.
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