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Feb. 2, 2010 - Rush Limbaugh Program
37:36
February 2, 2010, Tuesday, Hour #2
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Okay, those of you who are on hold, I want you to stay there, be patient.
We're going to get to your phone calls early in this hour.
Great to have you here.
The fastest three hours in media hosted by me, Rush Lynn Boyd, documented to be almost always right, 99.5% of the time.
Telephone number 800-282-2882 and the email address lrushbo at eibnet.com amid declining DVD sales and other problems.
Sony Corporation, Sony Pictures, planning to lay off this is Hollywood.
450 employees or 6.5% of its current workforce in the next few weeks.
450 jobs Obama did not save in Hollywood.
DVD sales down?
No jobs, no money, no DVDs, no rentals, no sales, no jobs, no money, no DVDs.
Whereas most people on Friday night used to want to be first in line at Blockbuster, now it's hard to find one that's open.
Just kidding about that.
I can't let go of this budget.
You know, as I said yesterday, folks, normally the most boring thing you could ever talk about as a talk host was the annual budget submitted by the president.
I mean, that was death to talk about it.
In this case, it's not.
This budget destroys, destroys the country.
Not just next year, but for the next 10.
Although it's a budget for next year, they've required to project 10 years out.
Snerdley told me something interesting.
I was just back in his office.
And when I was out of Las Vegas last week, he was at home.
We were screening calls in New York.
HR was doing it.
And he said, you know, I hear you say, well, he started out by saying, you know, anybody who presents this budget has to be tone deaf, especially after seeing what happened last Tuesday in Massachusetts.
I said, Snerdley, he's not tone deaf.
You keep assigning traditional political values to this guy.
You're making a mistake.
I said, this guy, for whatever reason, does not like the way this country is.
And he thinks it ought to be remade into something different.
I don't know why.
Maybe because he was educated by people.
Maybe it's because of racial or ethnic things, but he does not like this country in his mind's guilty of a bunch of unjust and immoral things.
And Snerdley said, you know, when you were in Vegas, I was at home.
Now, I've been here in a studio on the other side of glass, and I hear you say that, and I hear you say that.
But when you hear it at home or in the car on the radio, it's jarring.
I said, I know.
He said, it's jarring because you just can't.
The one thing, the one thing that no American ever thinks about the president is that he wants to harm the country.
It's just hard to hear that right.
Believe me, I know it.
This is why I always preface it by recognizing that I know this.
And I don't say this lightly.
And I don't say this, as Candy Crowley intimated, to shock anybody.
I don't have to try to do that.
I somehow have evolved the ability to do it.
I'm not trying to shock anybody for the express purpose of shocking you.
If I didn't believe it, I wouldn't say it.
The more I look at this budget, folks, it distresses me to no end.
I don't think there's any tone deafness whatsoever.
I mean, here's a story from MarketWatch, 20 Reasons Global Debt Time Bomb Explodes Soon.
Which trigger will ignite the Great Depression 2, the Wall Street Journal, the president's priorities, one of the greatest spend while you can documents in American history.
We now know where the White House leaked word of a three-year spending freeze on a few domestic accounts before this budget was released.
No one would have noticed such a slushy promise amid this glacier of spending.
The budget reveals that overall federal outlays will reach $3.72 trillion in fiscal 2010 and keep rising to $3.834 trillion in 2011.
As a share of the economy, budget spending, budget, federal spending, will reach a post-World War II record of 25.4% this year.
25.4% of GDP will be government.
The only way that can happen is if you slice away at the private sector.
They are robbing the private sector.
They are defunding it.
They are crippling it.
Taking over as many of the aspects of private sector market economics as they can.
25% of GDP is government.
And government doesn't produce anything.
All this is, is transfer payments.
It's just redistribution of wealth, which Obama told Joe the Plumber that's what he wants to do.
He wants to return the nation's wealth to whoever the hell he thinks are its rightful owners, unions, minorities, whatever else.
Now, as recently as fiscal year 2008, federal spending was 21% of GDP, and even that was high.
But remember, we all got mad at Republicans and Bush for what we thought was out-of-control spending.
Those guys were saving money compared to what Obama's doing.
It's just, I don't know, very, let me read for you excerpts here from Brian Riedel, or Riedel.
I'm not sure how you pronounce it.
He's a guy at the Heritage Foundation who's got a published column today in the New York Post.
It's a good thing President Obama, the Democrat Congress just agreed to raise the federal debt limit by nearly $2 trillion.
They're going to need every penny of it and fast.
Last year, Obama swept into office promising to make tough choices and then released a budget proposing the largest debt and spending spree in history.
This year, he's at it again.
Over 2010 to 2019, his new plan boasts, sorry, boosts spending another $1.7 trillion and the deficit by $2 trillion over what he proposed last year.
And last year was irresponsibly over the top.
In fact, this year's budget shows yearly deficits as much as 49% larger than even last year's bloated proposal.
This spending spree will drive up both taxes and deficits to levels unseen in U.S. history.
Nor are the Obama deficits a temporary result of the recession.
Despite a modest recovery, the 2010 budget deficit will be higher than the 2009 deficit.
Nearly 42 cents of every dollar Washington spends will be borrowed or printed.
Nearly 42%.
We are broke.
We do not have this money.
We don't have $100 million or $500 million to give the Taliban in hopes they'll start collecting garbage instead of killing people.
We don't have the money.
We don't have $100 million to give to Haiti.
We don't have the money for anything.
42 cents of every dollar is spent or borrowed or borrowed or printed.
Now, even by 2020, which Obama's planners assume will be a time of peace and prosperity, annual deficits still exceed $1 trillion by 2020.
Folks, this is not sustainable.
This will not work.
Even after all of his tax increases, trillion-dollar deficits through 2020.
The president who said, I didn't come here to pass our problems on to the next president or the next generation, I'm here to solve them, would over the next decade dump $75,000 per household in added debt into the laps of our children and grandchildren.
$75,000 household share over the next decade, added to what it already is.
Obama claims it's not his fault.
In his State of Obama speech, he said, by the time I took office, we had a one-year deficit of over $1 trillion, projected deficits of $8 trillion over the next decade.
Most of this was a result of not paying for two years, or two wars, two tax cuts, and an expensive prescription drug program.
Now, we played that soundbite.
It just infuriates me.
This little guy can't even accept responsibility for it.
It's time I fought.
Bush did it.
Bush did it.
You can't make me do anything.
Bush did it.
And it's not true.
These policies were all implemented in the early 2000s.
All these things that Bush did were in the early 2000s.
Yet by 2007, the budget deficit was still only $162 billion after all that Bush had done.
After all that Obama cites as the big problem.
Still only $162 billion deficit as of 2007.
Now we're at $1.4 trillion.
Try 10 times as much in two years.
It ain't Bush, my friends.
The trillion-dollar deficits did not begin until 2009 after the recession hit.
And the subsequent deficits are driven by runaway spending, mainly from Social Security and Medicare beyond just the drug benefit and Medicaid and net interest.
In fact, under current policies, nearly 90% of the growth in the budget deficit by 2020 comes from spending increases already programmed in and just over 10% from declines in revenues.
And even that assumes that all tax cuts are extended.
Now, before the recession, Washington spent $24,000 a year per U.S. household.
Obama would hike it to $36,000 by 2020 and inflation-adjusted $12,000 per household expansion of government.
And how many of you think you're getting your money's worth?
Add that to the $75,000 share of our debt that every household has.
If spending jumps $12,000 per household, taxes must eventually go up.
The president would make a large down payment on that with a $2 trillion tax increase on all Americans.
This is the third source now that says every American gets a tax increase.
Reuters, Investors Business Daily, the New York Post, and the four, Wall Street Journal, and whoever looks at this honestly will conclude the same thing.
The president would make this down payment with a $2 trillion tax increase on all Americans, yet that would still get, even with a $2 trillion tax increase.
This is, folks, we can't do this.
We're sitting around.
We are watching the destruction of this country as you and I know it.
Listen to this.
After a $2 trillion tax increase, $2 trillion tax increase, we would still leave the government running up $8.5 trillion in deficits over the decade, setting the stage for even larger and more damaging broad-based tax increases later on.
A $2 trillion tax increase still leaves us $8.5 trillion in deficits over 10 years.
That's the kind of spending that this man has authored.
Ominously, economists close to the White House suggest a value-added tax, national sales tax of 15 to 20% is eventually possible to finance the president's spending agenda.
He's offered a budget that does nothing to address the nation's serious short or long-term fiscal problems.
Indeed, it makes them worse.
By doubling the national debt over pre-recession levels, he would push America toward a tipping point where rising debt levels become too large for global capital markets to absorb.
Now, stop and think of that.
Global capital markets could not fund our debt.
This could trigger a major financial crisis, i.e. Great Depression number two, an interest rate spike and gigantic tax increases.
Last year, Congress went along with most of Obama's budget, the $787 billion stimulus slush fund that raised discretionary spending by 8%, and they approved more than 10,000 earmarks.
But it eventually balked at the president's expensive cap and trade and health plans.
Although he has not the health spending is still accounted for in the budget, as though they're going to get it.
So it's going to be really, really interesting here in an election year to see what these Democrats, who are, by the way, Blanche Lincoln now trailing by double digits in Arkansas.
Republicans might win big in Illinois in November.
There are the Democrats, they're the ones who may have to not be tone-deaf, Mr. Snerdley.
Obama doesn't care.
He really doesn't care, but it's going to be fascinating to watch what they do with this budget, knowing that November is looming.
We'll be back.
Okay, folks, we have posted the Rush Hitler video link at YouTube.
Hitler finds out Rush Limbaugh won the dance contest of the Miss America pageant.
It's in the orange banner.
The link is the orange banner at the top of rushlimbaugh.com.
Something else I want to recommend to you.
About an hour after the program each day, we send out an email summary in HTML with links to things I talked about, certain audio already ready.
It's like a pre-website update.
It's called Rush in a Hurry, and it's free.
All you got to do is sign up for it.
To find a link to sign up for Rush in a Hurry, it's in the lower right-hand corner.
You've got to scroll to the bottom of the home page, and you'll see a little red and orange block with the Rush in a Hurry.
Just click on that, sign up.
It's El Fribo, and it is, you just get it.
It's awesome.
It's a summary of the program before the full website update hits.
Okay, Carol in Jacksonville, Florida, as we start on the phones.
Great that you waited, and welcome to the broadcast.
Hi, Rush.
3.72 trillion mega dittos to you.
Thank you.
Thank you very much.
Rush, I wanted to tell you, I had not watched the Miss America contest in 30 years.
I grew up watching it with my sister.
I loved it.
And this year watched it only because you were going to be a judge.
I watched with my husband and my 11-year-old daughter.
We had the best time.
My daughter now wants to be Miss America.
And I was able to be the nagging mother and say, you need to study hard and practice your piano.
And what a joy.
And the women were all lovely.
And Carissa was just poised and beautiful and so well spoken.
And I was so proud.
So thank you so much.
That's great.
I don't want to get cheesy about this, but we talk about cultural rot on this program a lot.
And I mean, I don't mean to be mean here, but Paris Hilton, Kim Kardashian, these are not the kind of role models that you would want your little girl to look up to.
But unfortunately, that's who they are.
Everybody's doing Facebook, Twitter, MySpace, and all that, because everybody wants to be famous.
Everybody is vomiting everything about themselves, trying to become a media star.
And it's just shallow as it can be.
And these women were not shallow.
They had all worked really hard for this.
Some of them were better than others, but nobody's the same.
Carissa was a standout, there's no question, but there were many others.
Miss California was great.
Miss Indiana was a fabulous speaker.
She was giving Carissa a run for her money.
But I'm glad that you had that take from it because not too long ago, these were the kind of women who were role models.
Then feminism got involved, and these kind of women became targets for ridicule.
Right.
And really, they don't deserve to be targets of ridicule.
They deserve to be examples of pursuing excellence and trying to be like Robin Leach asked me at a press conference, which was held on Wednesday afternoon, will America be in good hands with one of these women?
And I said, I am so glad you asked that question because undoubtedly, without one moment of hesitation, I say that.
And I went into what I just explained to you.
And this, by the way, this is not a desire to turn the clock back because I know you can't do that.
This is not me being an old fuddy duddy.
This is just, I was surrounded by not just the contestants, everybody in the Miss America organization.
Some of the finest people that I've ever known.
I mean, any charitable organization could not do wrong to emulate the way these people go about doing their business.
And they are a charitable organization.
$49 million in scholarships to women they grant over the course of the year toward women's education, obviously.
Everything about it is just wholesome and decent and good.
This is what you want your culture and society to be.
By the way, speaking of that, you know, there's a story in the stack of stuff here that finally, finally, they've researched it and they found with young people a sex education class focusing on abstinence works.
The feminists hate that.
The left hates that.
They say, you're not going to be able to stop kids from having sex.
You're just not going to be able to stop it.
Okay, so let's teach them how then.
They give them condoms, and that's sex education.
Federal study.
And of course, it only makes sense.
Abstinence works every time it's tried.
I mean, it's silly to dispute that, and it's also wrong-headed.
It gets so angry about it.
But they do on the left.
Be right back.
Oh, yes, screams of joy at the very mention of my name and screams of terror on the left.
I am Rush Limbaugh, the most dangerous man in America, 800-282-2882.
If you want to be on the program, Wisconsin Republican Paul Ryan, who is the ranking member of the House Budget Committee, is taking no prisoners talking about this budget.
Make no mistake, he says, this is a budget aimed to advance the administration's philosophy and ideology by increasing taxes and letting the country spiral into debt.
This budget is a firm step toward transforming America into a collectivist society overseen by a social welfare state.
That is precisely what's going on.
I have told you from the get-go, the purpose this president has is remaking this country.
Cloward Priven Strategy wants to turn everybody, as many people as possible, into welfare.
Just overwhelm the private sector with things and turn everybody, force everybody onto government assistance.
And I know, folks, you can't understand why a president would do that.
The only reason you can't understand it is because, if you don't, is because you don't understand liberals, because you don't understand radicals, because you don't understand ideology.
And a lot of people don't because ideology makes them uncomfortable.
That's partisanship.
And they would rather we all just get along and they hold out hope for it.
But I'm telling you, the only way we're going to rescue ourselves here is for as many people, as many multiple millions of people, to find out what the hell liberalism is all about.
Because that's what's radical, radical leftism.
Fascism, Marxism, monitor, what you want to call it.
It is radical.
And it is not like it.
It's not American.
What's happening here is un-American.
This budget is so outrageous.
This budget, you know, back when Republicans used to send budgets up, and they always say they're DOA even before Democrats had seen them.
This one genuinely ought to be dead on arrival.
It is just hideous.
That story on abstinence is in the Washington Post, and it's a federally funded study.
Sex education classes that focus on encouraging children to remain abstinent can persuade a significant proportion to delay sexual activity.
Researchers reported yesterday a landmark study that could have major implications for U.S. efforts to protect young people against unwanted pregnancies and sexually transmitted diseases.
The Obama administration eliminated more than $170 million in annual federal funding targeted at abstinence programs after a series of reports concluded that the approach was ineffective.
Instead, the White House is launching a $114 million pregnancy prevention initiative that will fund only programs that have been shown scientifically to work, a program the administration on Monday proposed expanding to $183 million.
Just yesterday.
So this study comes out yesterday, and it is game-changing.
Strong evidence, abstinence-only intervention can help.
I don't know why you have to spend a dime on it, frankly, myself.
I don't know what are you, textbooks on this, the charts?
What the hell do you need for abstinence-only education?
You know, when Nancy Reagan had to just say no to drugs, the left went bonkers on that.
They just went, oh, yeah, yeah, just say no.
Well, what else are you going to do?
I mean, you got to say that at some point.
You're trying to get kids not to do drugs.
I tell you, these people on the left are in the process of totally destroying this country, and they have been for a while.
But they've never had somebody this radical in power, and they have never had this kind of supermajority in Congress to make it happen.
Here's more from Paul Ryan of Wisconsin.
He says the president's budget is not like most budgets with some tax code tinkering in spending.
This budget is a choice.
We are about to make a decision whose consequences will last for generations.
A generation is 25 years.
We're talking about two futures.
A choice of two futures.
The one we've always known in the past or something unlike we've ever seen in this country.
That's what we face.
By the way, we just got a shipment here from Pro Flowers.
It just came in.
What are they?
And I didn't, you weren't long enough.
They're mixed roses.
Oh, they got you some sherry berries chocolates?
Oh, good.
Let me tell you something.
Oh, no, there's not the sherry berries.
These are not the cherry.
That's coming later.
Sherry's berries.
Oh, these are chocolate dip strawberries.
I'll be telling you about those some other time.
But the pro flowers people, they're gearing up for a huge Valentine's Day, folks.
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Call 800 ProFlowers.
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We had a meeting with them a couple weeks ago, and they issued me a challenge.
They gave me a quota.
I'm not going to tell you what the quota is.
I don't want to put pressure on you, even though they put pressure on me.
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On Valentine's Day or any other day of the year.
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Here, back to the phones, Mark in Vienna, Virginia.
I'm glad you waved it, sir.
Welcome to the EIB network.
Hi, Rush.
Megan Diddos from Vienna.
Thank you.
I just something struck me this morning when I heard James Clyborne's comment about in times of recession, the only way to get out of it is to spend more money.
That struck me.
It seems to me that there is no economic situation now when Democrats can't spend more money.
If times are good, We have to spend more money because it's our moral obligation.
When times are bad, we have to spend more money.
In fact, the recession requires us to do so because it's the only way out.
So there's absolutely no economic situation that I can see where Democrats can't open the spigot and spend more money.
Exactly.
Exactly.
They're setting it up so that whatever economic circumstance exists, we are going to need more spending.
Grab audio soundbite number 14, Ed.
We have backup engineer today.
Mamon's on his 25th wedding anniversary, and he's doing something else.
I forget what it is.
What's he doing, Ed?
Did he tell you what he's doing?
They kept quiet.
Well, he didn't to me.
He sent me a note, but I don't remember what he said.
But I know it's his 25th wedding anniversary.
But he's doing something else that's going to cancel it out.
It was making a joke.
I don't know what it is.
Anyway, this was on Fox News Channel's Happening Now with Jane Skinner.
She interviewed James Clyburton, Democrat South Carolina.
He heads up the Congressional Black Caucus.
She said, our deficit will be hitting a record this year, the highest since post-World War II, well beyond sustainable.
And going forward, if you look at these numbers, we wouldn't hit the level the administration has said it wants.
What can you say to reassure taxpayers here?
We've got to make some decisions here as to what's in the best interest of the country going forward.
And I think the best interest is to invest in education, control these deficits, while at the same time, try to get people back to work.
We are not going to save our way out of this recession.
We've got to spend our way out of this recession.
And I think most economists know that.
Yeah, that's an Obama trick.
I think most economists agree.
Most economists agree with me.
This is insane.
Plus, it's stupid.
We're not going to save our way out of a depression.
We've got to invest in education for crying out loud.
I am so sick and tired of hearing we've got to invest in education.
That's all we do is invest in education.
Look what we're getting for it.
We're getting a bunch of indoctrinated, mind-numbed robots.
I mean, they're even reading lists in certain schools now include Saul Alinsky's rules for radicals, Obama's big organizing Bible.
You grow your way out of a recession, Congressman Clyburn.
You grow your way out.
There is no growth whatsoever anywhere near this budget by design.
There is no change to unemployment, and nobody is forecasting a significant change for two years.
If that's the case, there will be no end to this recession.
I don't know how you can say you can have a recovery without adding jobs.
And if you don't add jobs and you still say you've got a recovery, most people aren't going to consider it a recovery anyway.
That all these people on unemployment with extended benefits and more people destined to be unemployed is the purpose.
It is the design.
Anybody with any economic literacy knows, especially after one year of this, this is not what you do to stop a recession and come out of it.
This is not the way it's ever been done.
This is almost criminal compared to the greatness of this country.
This is destroying the greatness of this country.
This is cutting this country down to size.
For whatever perverted reasons, Obama and his people have to not like the way this country was constituted and founded.
Paul Ryan's right.
Two choices, two futures.
The future made up of what we've always known in the past.
Your kids do better than you.
There's always expanded economic opportunity, expanding standards of living.
Or we go just the opposite.
Your kids will not do better than you.
Your kids may not even work.
There may not be jobs for them.
More and more people than ever on welfare.
The welfare state growing and growing and growing.
No more economic prosperity.
Economic prosperity will have been usurped by government growth by design.
And Paul Ryan says it's not too late to make the right decision.
The problem is we have to convince a bunch of Democrats to punt this budget.
We'll be back.
Stay with us.
Every Republican in Washington ought to be running to the nearest microphone and proclaiming Obama's budget is dead on arrival, just as the Democrats did every year to George W. Bush and to George H.W. Bush before that.
It is an abomination.
From PowerLine posted yesterday, today the Obama administration unveiled its budget for FY 2011.
Obama said our government's deeply in debt after what can only be described as a decade of profligacy, but we have established that as recently as 2007, the budget deficit was only $164 billion, $176, and now it's a trillion because of policies implemented in 2009.
So he proposes to put the country far more deeply in debt through profligacy of a sort that was undreamed of just a few years ago.
Either Obama has completely lost touch with reality or he thinks we have.
In truth, it's neither.
He's not lost touch with his reality and he doesn't care whether we have or not.
I mean, he would love to fool us.
He would love to, but he doesn't care.
Just like he doesn't care what you think about illegal immigration, cap and trade, or health care.
He doesn't care.
He has, and his buddies have a mission, and it is to remake this country.
The choice is between the death of America and America's survival.
Put plainly, that's what we face with Barack Obama, not just this budget, but with his entire presidency.
This is such a golden opportunity presented for the Republicans on a silver platter to demonstrate a vivid contrast.
All they have to do is stand up for the survival of America as every American knows and understands it.
Or the death of America.
That's the choice.
Decline and collapse or growth and success is what we face.
By the way, there is an interesting analysis of the budget that produces a shocking piece of information.
Obama's budget omits these huge financial liabilities of Fannie Mae and Freddie Mac to the tune of $6.3 trillion.
That's how out of balance they are.
Fannie Mae and Freddie Mac, and they got bailed out.
They pay their people bonuses.
Obama doesn't care.
They're still getting bailed out.
Orzag, the budget director, said in 2008 that the Fannie Mae and Freddie Mac liabilities ought to be included in the federal budget, but they're not $6.3 trillion.
So you need to add that to what we're already spending on elsewhere in the budget, $3.7 trillion.
I mean, it's just insanely out of control.
And despite this, defying all the odds and defying the Obama government, Ford Motor Company posted a 24% jump in January U.S. auto sales today, estimated its market share grew by two points from a year earlier.
People are increasingly discovering that the Ford difference is the strength of our products, particularly our leadership in quality and fuel efficiency, safety, smart technologies, and value, said the Ford VP for U.S. Marketing, Ken Zubay.
The second largest U.S. automaker said higher sales for every brand and in every product category propel the growth.
It is not coincidental that the federal government has nothing to say about day-to-day management decisions at Ford.
They did not take any bailout money.
So the Obama Motor Company's floundering away, saddest thing.
Evidence is all there for everybody to see.
Whatever is happening to his car companies will happen to anything else he nationalizes and runs.
Democrat senator has said the president's path is unsustainable.
I'm very concerned about the long term because I believe we are on an unsustainable course, said Kent Conrad at a hearing this morning.
The president's 10-year outlook, I don't think, is the path we can take as a nation.
Kent Conrad, Democrat senator on Obama's budget.
An hour to go.
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