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Jan. 29, 2010 - Rush Limbaugh Program
37:54
January 29, 2010, Friday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
This is just too rich.
I wonder who's going to break the news to the guy that it's water vapor.
Hi, folks.
It's Friday.
Let's get rolling.
Live from the Southern Command in sunny South Florida.
It's Open Line Friday.
As the GDP numbers have been manipulated, showing a 5.7% growth in the last quarter of 2009.
But the real money doesn't seem to be believing this.
Dow Jones Industrial Average is down 10 points.
It's been flirting between up 5 to 15.
Now it's down 10.
NASDAQ is down 11.
Somehow, I don't think people are buying that.
The reason why, folks, is because most of the GDP reported growth is in inventories, and those are not a reliable thing.
You can't stake a recovery, at least from what I'm reading on inventories, because they can just as easily take a day or take a month off as well.
If there's no customers to buy what they're inventorying up, then you're going to keep inventorying.
And there aren't going to be any new customers because there isn't any employment growth.
So I think that's what the smart money knows.
You got record profits at Microsoft.
You got Apple with that iTampon that they've released.
That's going to be a big popular thing.
And still, the stocks are not going through the roof.
And that's where the real money in the U.S. economy is going right now.
It's the only place real money is going.
Anyway, Open Line Friday, great to have you here.
Rush Limbaugh and the EIB network.
We are in Las Vegas.
And we have one more day to go for the Miss America 2010 pageant, the finals tomorrow night at 8 o'clock Eastern on the TLC cable network.
Us judges, big day tomorrow.
It's such a big day tomorrow.
We have today off.
We meet tomorrow morning to pare down to the final 15.
But even we won't know who they are until the program starts.
We don't know anything.
We find out who wins when you do.
And we're not allowed to speak with each other about what we've seen or how we're scoring.
So we're just as in the dark, other than we're determining what happens, but we're still as in the dark about the outcome as you are until the program airs and the new Miss America is crowned.
Open Line Friday again, 800-282-2882.
If you want to be on the program, this is the day where pretty much whatever you want to talk about is a fair game.
If I haven't talked about it, you want to talk about it.
This is the day to go for it.
No, it's not really called the Apple iTampon, but it's the iPad.
And I made the remark when I first saw it named the iPad, I said, it sounds, it looks like a minstrel device.
And then a bunch of bloggers actually gave it the name iTampon.
And then they've even created a graphic with a retail package of tampons with this iPad on them with the Apple logo.
And it's too late to change the name.
I mean, here they've got this really great first of its kind innovative product and people making fun of a name.
This just doesn't happen to Apple much.
They didn't like iSlate.
They didn't like iTablet.
So they've settled on iPad.
Anyway, I wonder how, ladies and gentlemen, I wonder how former Vice President Al Gore felt today to awaken and find out that on his global warming team is none other than Osama bin Laden.
Osama bin Laden on his own network, Al Jazeera, deplores climate change.
Osama bin Laden, the al-Qaeda leader, has condemned the U.S. and other industrial economies, holding them responsible for the phenomenon of climate change.
We've got to give, well, yeah, Israel's in there too.
We have got to sign this guy for Nobel Peace Prize.
He should be a joint recipient.
But he's got the same view on this that Al Gore has and the United Nations IPCC, whatever the hell that group is, interplanetary alien, whatever.
I don't know.
It's the fraud bunch.
Now, you would think that bin Laden would be grateful for a warmer world because he lives in a cave.
He lives in a freezing cave somewhere on the Afghanistan-Pakistan border.
But every day, folks, I'm telling you, every day, this is so rich.
I love this.
It gets harder and harder to tell bin Laden's complaints from those of the average run-of-the-mill leftist, like Obama or Harry Reid or Nancy Floyd or the entire Democrat Party.
I mean, every time Obama releases, Osaba releases a tape, it's just Democrat talking points.
Or maybe they're getting their talking points from him.
In an audio tape obtained by Al Jazeera, it was probably hand-delivered, bin Laden criticized George Bush, the former U.S. president, for rejecting the Kyoto Pact and condemned global corporate.
Okay, blame Bush, check.
This is a message to the whole world about those responsible for climate change and its repercussions, whether intentionally or unintentionally, and about the action we must take.
We must take.
Speaking about climate change, this is a guy who lives in the seventh century.
Speaking about climate change is not a matter of intellectual luxury.
The phenomenon is an actual fact.
Okay, global warming settled science.
Check.
In the new recording, bin Laden says all the industrial states are to blame for climate change, yet the majority of those states have signed the Kyoto Protocol and agreed to curb the emission of harmful gases.
He continued, however, George Bush Jr., preceded by the U.S. Congress, dismissed the agreement to placate giant corporations.
And they does this not sound like an average.
This sounds like this could easily be Russ Feingold.
The senator from, where is he from Wisconsin?
They are also behind globalization and its tragic implications.
And whenever the perpetrators are found guilty, the heads of state rush to rescue him using public money.
Okay, blame the U.S. at greedy, evil corporations.
Check.
This is right off the Democrat Party playbook.
Bin Laden has become an environmentalist.
Then he says in the new recording, bin Laden said Noam Chomsky, the U.S. academic and political commentator, was correct when he compared U.S. policies to those of the mafia.
Okay, cites Noam Chomsky.
Check.
The only thing, why didn't he cite Saul Olinski?
I mean, more people probably know who Saul Olinski is now than anyway.
Anyway, they are the true terrorists, and therefore we should refrain from dealing in the U.S. dollar.
We should try to get rid of this currency as early as possible.
I am certain that such actions will have great repercussions and huge impact.
So he calls America the true terrorists, wants a boycott against the U.S. dollar.
Check.
Right off the Democrat Party talking points.
While continuing to attack America, bin Laden's comments mark a shift from his earlier, more regionally focused commentary.
His previous tape, bin Laden warned that there would be further attacks on the U.S. unless Obama took steps to resolve the Palestinian conflict.
Oh, Palestinian conflict.
Yeah, forget that.
That's passe because Obama said, I can't fix it.
That's too hard.
So now climate change is where it's at.
Check.
Besides, Obama wants a government grant.
That's right.
Maybe Osama does rather.
Now, why not, since we're about to put a chicken in every pot and a car bomb in every garage in Afghanistan?
Don't you remember, folks?
We told you the other day that the administration is studying very seriously an idea put forward by Hamid Karzai to float $100 million to the Taliban. on the theory that they're poor, and if we just give them some money, that they'll abandon their terrorist activities.
And Gordon Brown, the prime minister of the UK, is already in line to do this.
And so if we join here, new way to fight our enemy, so we'll put a chicken in every pot and a car bomb in every garage in Afghanistan, plus build the garages to put the cards and car bombs in.
Then they'll love us for sure, right?
Now, the Obama administration dismissed bin Laden's comments on the early tape and said intelligence analysts had not confirmed that the voice was bin Laden.
Wait a minute now.
This is the piece de resistance.
Is Obama actually now starting to throw doubts on whether bin Laden is alive?
The Obama administration, Obama analysts had not confirmed the voice was Mr. Bin Laden.
What's that?
What's that?
Bin Laden may be dead?
Is that going to be the lame excuse now for not finding him after more than a year?
You realize, ladies and gentlemen, I just, every time we learn something, every time something happens with global warming, I just eat it up because it's a hoax.
And there's nothing better than the world's foremost terrorists citing almost verbatim the talking points of Al Gore, the UN climate change organization, that stupid bunch at the East Anglia University, and every liberal Democrat and activist in this country.
I say, I wonder how, see, even bin Laden, see, even bin Laden realizes that global warming is about destroying the U.S. economy and along with it, capitalism and Western civilization in general.
So our number one enemy is actually urging us to do the same thing the American left is doing from the White House on down.
So bin Laden, he promotes decapitate and trade, which we conservatives also oppose.
And this is another reason that we think Obama, Osama, Osama.
If I have said Obama meaning Osama, you know what I meant.
How many times have I done that?
A lot?
Okay, well, you know what I meant.
There's this one consonant in there that's confusing me a little bit.
Now, along the lines here of this, there are two stories today.
A bunch of scientists are panicked over why the temperature of the globe is cooling as much as 25%.
And they have discovered it now.
Up there, at a certain level of the atmosphere, there's water vapor depreciation.
Not as much water vapor.
Now, for those of you who are regular listeners of this program, you know that the number one contributor to the whole concept of global warming is not CO2.
It is water vapor.
Water vapor accounts for over 90% of that which keeps this planet warm.
And so there's a decrease of it up there in the atmosphere.
And they just, but they say, it doesn't matter.
That doesn't matter because it's still warming, but this explains it.
It's not sunspots, it's water vapor.
So somebody's got to wake up bin Laden today.
He's got a very, very slow internet connection, I guess.
I don't think he's heard about the hoax at East Anglia University.
I don't think he's heard about the hoax involving the Himalayan glaciers.
I don't think he's heard about the hoax.
So he's obviously working on a seventh century internet connection as well.
But somebody's going to have to wake him up and give him this bad news about water vapor, that it's not the U.S. unless somebody can make the case that we are destroying the water vapor.
And I wouldn't want to be the guy to have to wake him up and tell him.
And for joyous Reuters today, U.S. formally embraces a Copenhagen climate deal.
Again, I don't think Obama is getting the latest news updates before he puts his words to tape.
Now, this is a toothless thing.
Washington said they're going to embrace the Copenhagen Accord, setting non-binding goals for reducing greenhouse gas emissions that was negotiated last month.
Okay, a quick timeout here, folks.
We'll get to your calls hopefully in this hour, but lots of stuff to impart and share with you today.
Oh, the KSM trial.
You know, this is funny.
When they first announced it, when Holder first announced it, and he remembered now, he said, I'm doing this.
President didn't know.
My decision, totally.
Announced it.
Obama says, it was his decision.
I'm all for it.
We want a show trial up there because what we really want to do is have some international tribunals charge Bush and Cheney officials with high crimes and misdemeanors in international court, war crimes.
Then Mayor Bloomberg said, Yeah, bring it on, baby, because they thought there'd be a great economic impact here.
Then they discovered that there'd be $200 million a year security, and businesses in the area had no desire for it.
And then the big reason that Kennedy's seat was lost.
And Chuck Yu Schumer said, I ain't losing my seat.
Move the trial.
And he had Bloomberg do it.
And so the White House is now looking for a new place to put their show trial.
I have just the place for them.
I'll tell you about it when we come back.
Don't go away.
Hell, there's Obama.
He's at the Republican congressional retreat in Baltimore going on this weekend.
Are our guys smart or what?
It's the dead middle of the winter.
They're going to Baltimore for a weekend retreat.
And it's not even football season.
Anyway, Obama was requested.
They asked him to come there.
Maybe he wanted to go there.
Oh, he's lying to him again.
Hey, look, I'm even for tort reform.
I thought it's a holy grail to you guys, and I told you I'm for it.
He just said that.
And he says, Republicans and Democrats have to work together.
We just have to work together.
Remember, this is a guy who told these very Republicans, you can't listen to Rush Limbaugh.
That's not how things get done in this town.
And they are still, they have me on the brain.
I am inside their craniums.
Axel Rod was again talking about this whole notion that I, and I'm the one that put it out there, I was the one with the courage and the bravado to do it.
I hope he failed.
Oh, yeah, oh, yeah, the place for the trial.
The Khalid Sheikh Mohammed, Washington, D.C. Washington, D.C., ladies and gentlemen.
New York City is out.
Washington, that's the place.
Eric Holder and Obama could drive by the circus show trial every day, take credit for their handiwork, stimulate spending with $200 million a year in security costs for Washington, D.C.
Yeah, baby.
That's where you put it.
And try this story.
Ladies and gentlemen, health news from upi.com.
Overweight elderly, less likely to die.
After a lifetime of being told the more overweight you are, the sooner you're going to die.
Now we hear this.
The news is out of Australia.
Overweight adults age 70 and older are less likely to die over a 10-year period compared with normal weight adults.
According to Australian researchers, lead researcher Leon Flicker of the University of Western Australia said the finding calls into question current body mass index guidelines for older adults.
Are you fatties out there loving this?
All these people tell you to go on a diet, you can say, screw you.
I just found out that I'm going to live longer than you.
The researchers looked at data taken over a decade among more than 9,200 Australian men and women ages 70 to 75 at the beginning of the study who were assessed for their health and lifestyle as part of a study into healthy aging.
Now, you just do that today.
There's more of this.
And then the last line is, the benefits were only seen in the overweight category, not in those people who are obese.
So you can't go too much overweight.
You can't go into obesity out there, but you can still be overweight.
You'll live longer.
That's what my dad always told me.
My dad had a weight problem.
He was overweight.
Whenever people jazzed him about his weight, he said, look, if we have a nuclear attack, I'll live longer than you do.
My body can feed itself.
That's how he jabbed people back for poking fun at him.
All right, GDP.
Let's get real.
5.7% growth in the fourth quarter.
It will be revised downward twice as the third quarter was.
Remember, they reported that at something like 3.5.
And then, uh-oh, it's 2.7.
And then, uh-oh, it's 2.2.
And then all of it was government spending.
This is 5.7.
The vast majority of it is inventories.
And even Reuters.
Even Reuters is throwing cold water on this.
Analysts reckon the change in inventories could constitute as much as three quarters of this figure and overstate the strength of the recovery from the longest and deepest downturn since the Great Depression 70 years ago.
We shouldn't dismiss the GDP number, but the problem is the inventory cycle really doesn't last that long.
It's not what we call self-sustaining growth.
That's because replenishing inventories, the rate, by the way, at which inventories are being replaced here is not sufficient with how much they've been depleted all over the last year.
And if there aren't enough customers to buy what is being inventoried, then the inventories will cease to be built.
So you know that the administration is going to make hay about this.
They're going to go running around and big spate like the speech did last time the economy grew.
And they'll be pointing to the stimulus package.
It finally kicked in.
We knew it was going to happen all along.
But I want to remind you, just as a rhetorical exercise, ladies and gentlemen, Obama is not to blame for the deficit.
I know because he told us it's not his fault.
It's the lost decade of the Bush administration.
Obama's not to blame for the need to raise the debt ceiling almost $2 trillion.
The president is not to blame for 10 to 17 percent unemployment.
All of that is George Bush's fault.
So why would anybody say Obama has anything to do with GDP?
If everything is Bush's fault, then the GDP going up has to be Bush's credit.
Truman said the buck stop here.
Obama says the glory stops here.
Clinton said, hey, Buck never got here.
So, and another thing about this, the, well, I'm going to talk about TARP, but I'll do that later.
I've got a great story here by Donald Lampwell.
It's not great.
By the way, the real number, if you want to look at real numbers here, in all of 2009, GDP fell 2.4%.
That is the biggest drop for an entire year since 10.9% in 1946.
Now, I am totally convinced this 5.7 number is manipulated, and we'll see it revised downward.
There's no question about it.
last year, the biggest drop for an entire year in GDP since 1946.
Donald Lambrough has a story in the Washington Times today, a fiscal catastrophe in the making.
It's about the possibility of the bottom falling out of the economy next year, 2011.
So Obama went up there to have a chat with the Republicans, right?
He's lecturing.
Mike Pence asked him a question 10 minutes ago, and he's still answering it.
And he's very defensive.
I've been reading the closed captioning.
Our young president is saying, now, I suppose the 500,000 jobs you lost in January, before I was inaugurated, I suppose that's my policy too, huh?
Right?
That's what you'd say.
And then in February, we lost 600,000 more jobs.
You guys probably say that's my policy, right?
And then before my policy even got into place, you're blaming my party, right?
Right, right?
I mean, he's just still lecturing after telling them he wants to listen to their ideas.
By the way, it's possible, ladies and gentlemen, that there's another place for the Khalid Sheikh Mohammed trial.
That would be Detroit.
I mean, Khalid Sheikh Mohammed would have a much better chance of getting a jury of his peers there.
And I was going to say, so I won't.
Here's the Lambrou piece.
If President Obama thinks the political disaster that hit his party last month in Massachusetts was bad, he had better brace himself for the Congressional Budget Office's latest forecasts for the next two years.
In testimony before the House Budget Committee last week, which got scant state-controlled news media attention, the CBO director Douglas Elmendorf painted a bleak forecast for the nation's economy under the White House's no jobs, no growth, tax and spend policies.
It spells even deeper political losses for the Democrats in Congress than are presently forecast.
Elmendorf, who was appointed by Democrat congressional leaders, told the committee that economic growth will be painfully slow over the next several years, which will keep the national unemployment rate at an average of 10% through fiscal 2011, which ends in September of that year.
Contrary to Obama's Herbert Hoover mantra, that economic recovery and more jobs are just around the corner, the CBO budget chief said the economy will grow by a week, 1.6% this fiscal year, and the jobless rate will average 10.2%.
Now, the outlook for 2011 is just as bleak.
The nation's GDP, the measure of its economic growth, is expected to barely reach 1.8%.
Unemployment will show little or no improvement, averaging at 9.8% for 2011.
The administration's unprecedented budget deficits are expected to be more than $1 trillion this year and the next and stay at very high levels for years to come, despite the brilliant spending freeze that starts next year and that freezes spending 1% of the budget.
Deficits as high as $1 trillion mean the government's massive debt burden will be at historically dangerous levels that will imperil our country's future and our economy's solvency, says the CBO director, appointed by Democrats.
If we continue this profligate level of spending, that raises the risk of serious economic consequences for the country.
So Lambrough went out there and he found Art Laffer, the creator of the Laffer curve, which is what Reagan used to implement his tax cuts in the 80s.
It showed how lower tax rates boost economic growth and tax revenues.
And Laffer said the economy is now headed toward a train wreck in 2011.
It'll make the decline in U.S. output from 2010 to 2011 worse than the decline in output from 208 to 209, which will be catastrophic.
He said, don't be fooled into thinking the economy is coming out of the woods this year.
Unlike most of Obama's economic critics, he thinks that we will have modest growth this year, but a sharp decline next.
Chief Reason, in anticipation of known tax increases, the economy will shift income and output from 2011, the higher tax year, into 2010, the lower tax year.
As a result of this income shift, 2010 will look a lot better than it should.
2011 will be a train wreck.
I'm just saying, I'm not trying to depress you.
I'm trying to keep you informed.
Meantime, Obama's spending for his proposal is a sham, affecting only a tiny sliver of the budget.
And by the way, it wouldn't take place until 2011 after the midterm elections.
That is, if Congress even adopts it.
Lawmakers say that under his plan, spending will still rise by 44% instead of 45% over the next 10 years.
That's why the recent GOP victory in Massachusetts was barely a tremor for the Democrats compared to the real disaster that is coming in November.
Now, the New York delegation in Congress, they got some good news today when they learned that Obama and Eric Holder are indeed looking at an alternative place to hold the Khalid Sheikh Mohammed trial again, Detroit or Washington, the two places I would go.
Detroit, much better chance for a jury of his peers.
Washington, Holder, and Obama could drive by the trial every day, check out the $200 million a year in security.
And in Detroit, I mean, even if some terrorists blew some things up, depending on where they did it, you wouldn't know.
So that's another reason for maybe considering Detroit for this.
But the New York delegation got some bad news.
And this is in the New York Daily News.
The Obama administration stunned New York's delegation Thursday, dropping the bombshell that it does not support funding the 9-11 health bill.
The state's two senators, that would be Chuck Hughes Schumer and Kristen Gillibrand, or is it Kirsten Gillibrand?
Yeah, Kirsten Gillibrand, and the 14 House members met with Kathleen Sebelius, the Health and Human Services Secretary, just hours before Obama implored in a state of Obama speech for Congress to come together and deliver a government that delivers on its promise to the American people.
So the legislators were floored to learn the Democrat administration does not want to deliver for the tens of thousands of people who sacrificed after 9-11 and the untold numbers now getting sick.
I was stunned.
I was very disappointed, said Senator Kirsten Gillibrand, who, like most of the other legislators, had expected more of a discussion on how to move forward.
To say the least, I was flabbergasted, said Mike McMahon from Staten Island.
And the story goes on to record how furious these people are.
He has an administration talking about improving and revamping health care, and they have stopped funding for the 9-11 health care bill.
So look at this.
This is bombshell news to the New York delegation.
First, Obama does an Air Force One flyby over New York City that scared the bejezers out of people.
Even the people in Goldman Sachs were scared.
Probably the theory, the best theory going around is that that was a donor flight, that some big donors are being shown a trip over the Statue of Liberty in New York in Air Force One at a low cruising altitude, and they forgot to tell in New York for security reasons because they were afraid somebody might shoot it down as they didn't tell anybody Air Force One was going to be there.
So you do that, then you rub a little salt in New Yorkers' wounds over 9-11.
Then he tries to jam the Khalid Sheikh Mohammed trial down their throat.
And now this article closes with a bang at the last line of the story.
Health and human services officials and the White House did not have an immediate response to demands from the New York delegation for an explanation.
Let's quickly go to the audio soundbites to reference this.
David Axelrod, this is Wednesday night in Washington, after the state of Obama.
Cybercast news service correspondent Joe Schofstall interviewed Axelrod.
He said, look, given this past year in spending habits, do you believe that Obama, well, Republicans have said that Obama doesn't have the credibility to reduce the deficit?
How would you counter that?
This is the core issue.
Is the Republican Party going to take the position that they simply are going to sit on the sidelines and hope that the president fails and the country fails and that they somehow will benefit from this politically?
Or are they going to join with us in a bipartisan effort to deal with our problems?
And that's what we're waiting to see.
Yeah.
Of course, he conveniently forgets little Dick Gephardt back in 1992, maybe 2002, after a dot-com Burbal burst, gleefully saying, every 10-point drop in the stock market, we pick up a House seat.
Axelrod, Mr. Axelrod, you know what's going down here.
There's not one Republican who wants any fingerprints on the disaster that you and the Obama administration are making.
They don't want their fingerprints on it at all.
They want you to have total authorship of this.
And no way they're going to, by the way, Obama is still speaking, still lecturing the Republicans at their weekend getaway in Baltimore.
Here now is Robert Menendez.
This is the guy running the Senate re-elect committee that Chuck Hugh Schumer ran last time.
And he was on MSNBC.
He's got a question.
What are the other key issues on which you expect Senate candidates and incumbents to be saying, we're like this and Republicans aren't?
Start now getting the differences between quote-unquote moderate Republicans, the ones that the Republican Senatorial Campaign Committee wants, and the Tea Parters in the extreme white ring of their party.
Drive a wedge there.
Aston, do you believe Barack Obama is a citizen of the United States?
Aston, do you believe the 10th Amendment doesn't allow for health care for every citizen in the country?
Do you believe that Medicare is Social Security and Medicaid is socialism?
Let them choose on whose side are they on and trying to get families back to work in America or taking care of big business?
That's going to be an interesting choice.
That's an interesting strategy.
So it appears here that Bob Menendez is a birther.
Or he wants to have Republicans portrayed as birthers.
That's his advice.
Do you know the contradiction here?
Which side are they on?
Try to get families back to work in America or taking care of big business, meaning shocking big business.
How do families go back to work if you kill business?
Which is what these people are doing.
Now, the forehead.
Folks, the forehead.
Holmbogall, CNN, got something right.
He said voters do not want bipartisanship.
Here's the thing, though.
All the pundits say, well, voters want bipartisanship.
In a pig's eye, they do.
Charlie Chris is a bipartisan Republican.
He endorsed the president's economic stimulus plan.
I know now he says he didn't.
He did.
And he even did the bromance hug there, right?
That's bipartisanship.
And how's he being rewarded?
He's getting beat by the more partisan Republican.
He's getting beat by the more conservative Republican.
That's a reference to Marco Rubio down in Florida, the Senate race there.
But the forehead's right.
This call for bipartisanship, and Obama's doing it up there again.
It's a strictly liberal, it's a trap.
It's a trap that people like McCain fall for every time.
That's right, Limbaugh.
We cross the aisle and people will love us.
Now, they hate you.
They'll love us.
And it never results in victory.
It just results in us, them, the moderate Republicans, accepting all the premises and all the policies of the Democrats.
That's what bipartisanship means.
Bipartisanship means you forget everything you believe, you forget every core principle, and you join us on the Democrat side of the yacht.
We have a couple of sound bites here of our young president, Barack Obama, at the Republican House retreat in Baltimore.
I wonder if he flew the 747 Air Force One down there.
Or maybe it took a helicopter.
I mean, it's just 25 miles.
What is it?
Probably wouldn't want to put a touchdown and takeoff cycle on the Air Force.
Probably just took a 757, I'm guessing.
The 25-mile trip.
Anyway, a little couple soundbites here for you.
And I still, I'm still, of all the places in this country, in February, you could go.
You go to Baltimore for a weekend retreat.
Nothing against Baltimore.
I mean, most people in Baltimore want to be someplace else in February.
Okay, Obama.
He went there to have a discussion and to listen to the Republicans.
We have a couple soundbites of things he said.
I want us to have a constructive debate.
The only thing I don't want, and here I am listening to the American people, and I think they don't want either, is for Washington to continue being so Washington-like.
I know folks, when we're in town there, spend a lot of time reading the polls and looking at focus groups and interpreting which party has the upper hand in November and in 2012 and so on and so on and so on.
That's their obsession.
And I'm not a pundit.
I'm just a president, so take it for what it's worth.
So that's how the lecture began.
I don't want, just like he said in the state of Obama speech, I don't want this attitude that if he loses, we win.
I don't want this attitude.
I don't want Washington to continue being Washington-like.
Has anybody arrived at one of the most glaring contradictions Obama made in the state of Obama speech?
He continually ran down Washington.
He runs down Washington in this comment.
Washington-like, nobody gets along.
Nothing gets done.
And yet he wants to turn every aspect of our lives over to it.
A place where nothing gets done, a place he constantly besmirches.
And his state of Obama speech was filled, ladies and gentlemen, with contradictions like that.
Here's our second sound by the way.
We've seen party line votes that, I'm just going to be honest, were disappointing.
Let's start with our efforts to jumpstart the economy last winter when we were losing 700,000 jobs a month.
Our financial system teetered on the brink of collapse and the threat of a second Great Depression loomed large.
I didn't understand then, and I still don't understand why we got opposition in this caucus.
As I recall, opposition was declared before we had a chance to actually meet and exchange ideas.
The latest GDP numbers show that our economy is growing by almost 6%.
That's the most since 2003.
This turnaround is the biggest in nearly three decades, and it didn't happen by accident.
I don't understand why you oppose the stimulus.
The stimulus has nothing to do with this, its inventories, and even Reuters state-controlled media says this may not have any legs to it, but he knows full well why they oppose the stimulus.
He knows why everybody opposes the stimulus, because it is not a stimulus for anything other than the government.
But he's up there lecturing them in person rather than lecturing them from the House floor.
Let's see.
Yeah, Jeff in Indianapolis, let's get you in here real quickly before we have to go to the break.
Hi.
Hey, Rush Hudson Limbaugh.
Thank you.
Hey, I had the same reaction that you did.
I listened to the beginning of the speech.
I'll call it to the Republicans now.
I had some hope that he was actually going to go up there and really listen to him.
And then he started off his speech chastising the Republicans like little children.
And my jaw hits the ground, and I'm sitting there going, what is his idea of listening?
I think it just must mean agreeing with him.
The guy has diarrhea of the mouth.
I've had it at various times.
There's medicine for it, but it doesn't taste good.
And it's well on display today.
Thanks for backing up the opinion of the host.
That's a smart thing to do.
We'll be back after this.
From CNN Fortune, the CEO of Saudi Aramco, the national oil company of Saudi Arabia, lashed out at the Obama administration yesterday lamenting the oversupply of rhetoric from major oil-consuming nations regarding energy independence.
Basically, what this guy did is show up and he was talking to oil execs, but he's telling these people, you are misleading your citizens.
If you think there is anything in the next hundred years that's going to replace oil, you are committing a rhetorical crime.
There is nothing that's going to replace oil that can do what it does.
And you'd better stop telling people this.
You're going to end up harming people's lives.
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