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March 19, 2010 - Rush Limbaugh Program
36:45
March 19, 2010, Friday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Uh, ladies and gentlemen, as I uh continue to watch uh all media today, state-controlled and non-state controlled media, it is very obvious to me that there is still rampant confusion over what this vote Sunday will produce.
I, uh your host am not confused.
I'll explain to you once and for all what this is about process-wise.
It's Friday, so let's go live from the Southern Command in sunny South Florida.
It's open line Friday.
And of course, this is the day of the week that I engage in the greatest riskiest career move.
A major media figure takes, turning over the content portion of program to rank amateurs.
Lovable rank amateurs.
You, the callers.
Whatever you want to talk about is fine on Friday.
It's not the case, Monday through Thursday.
Here is the telephone number, 800-282-2882, the email address L Rushball at EIB net.com.
Obama was just at George Mason University.
Yeah, hell he may still be there, but the networks have bombed out of it.
And he just declared full open war on the insurance industry.
I mean, he and it wasn't that long ago that they were all with him.
You remember they were all with him because they were gonna get all these new customers.
This health care bill was gonna mandate all these people go out.
You have to buy insurance.
You have to.
If your employer doesn't provide it, you gotta get it for yourself on your own, or you pay a fine.
And the insurance company loved that.
Oh, yeah, all these new customers coming in.
Something happened in the meantime, and Obama declared war on them.
Here, here's just a sample of what he said about the insurance industry today at George Mason, and they stacked this room with uh bunch of bobbing heads and people clapping, and the yes we can campaign mode was back in full swing.
If this vote fails, the insurance industry will continue to run them up.
They will continue to deny people coverage, they will continue to deny people care, they will continue to jack up premiums 40 or 50 or 60 percent, as they have in the last few weeks without any accountability whatsoever.
They know this, and that's why their lobbyists are stalking the halls of Congress as we speak and pouring millions of dollars into negative S. And that's why they are doing everything they can to kill this bill.
So the only question left is this are we gonna let the special interests win once again?
Or are we gonna make this vote a victory for the American people?
It's just striking.
It is striking nobody.
That the numbers, Obama's approval numbers, strongly disapproved numbers are now equal to George Bush's when he left office.
Uh the people of this country don't want any part of this.
The leaders of the Democrat Party are openly lying, and they are and they're brazenly doing so right to people's faces.
And now targeting the insurance industry, which is really nothing new for these people.
If you look at their enemies list, it's anybody that makes a profit in the private sector.
Doesn't matter.
They have to go out and have a demon, and the insurance industry is the latest demon.
Uh and and if you don't believe in Obama's purposely setting out to destroy the U.S. private sector and take it over in a fascistic uh sort of way, then you you gotta open your eyes and be honest with yourself.
Uh here's what's here's here's what's happening with the uh with the legislation.
And uh I myself, ladies and gentlemen, even this morning was a little confused based on what I was reading and seeing in the media.
I thought I understood it, then I'm reading things people are writing.
So what does that make any sense?
And I thought, well, maybe I'm wrong here.
But as usual, I was right.
The confusion here is this reconciliation bill.
The amendments to the Senate bill that the House posted yesterday, everybody's getting caught up in those.
It's it's important.
But here's what is going to happen.
Once, if it happens, once the House passes reconciliation, That is the Senate bill and this amendment package that they posted yesterday.
Once they pass that as one bill, Pelosi will break out the Senate bill.
She'll separate the Senate bill.
Having claimed it was passed as part of reconciliation.
This is the deem and passed.
The House thinks they're voting only on the changes.
The members of the House think they're voting only on the changes.
So Pelosi will break out the Senate bill, having claimed that it was passed, and then she and whoever is in charge of the Senate at the time will certify that they have a bill.
And they will send the bill to the Senate.
The Senate bill alone, no reconciliation bill goes to the president.
The Senate bill alone goes to the president.
He signs it, and we have national health care.
And this could happen Sunday.
Unless a court steps in to stop it, which we we can't possibly know if that'll happen in advance.
Now, all this talk about the Senate stopping the reconciliation or aspects of it does not stop the Senate bill from becoming law.
The Senate dealing with the changes the House makes will not have one uh impact.
It will not have one one thing to do with whether or not we get national health care on Sunday.
At that point, all that's happening is we're fighting the amendments to the bill that the House wants.
Now the Republican senators, like Colburn and McConnell and the rest are saying to the House Democrats, now look, you House Democrats, we're not going to make this easy for you.
We're going to track everything that was given to you, we're going to track every bribe, and we're going to publicize every bribe.
We're going to stop every nomination, we're going to put it on hold that you may have been promised to vote for this thing.
In other words, the House Republicans are saying you're not going to get all these amendments.
You can't believe Pelosi when she promises you that these are going to happen.
For example, this Earl Pomeroy guy getting a big deal for his for his bank in Bismarck, the one bank that will be exempt from the student loan change, the one bank that will be allowed to make student loans, the one private bank, other than the government, will be allowed to make student loans.
Mr. Pomeroy, you're not going to get that.
This is the point.
Obama's going to sign this bill without that in it, and then you're going to have to rely on the Senate agreeing to all these changes.
Pelosi's making all these promises.
And I'm sure Harry Reid is assuring these House Democrats.
Oh, yeah, yeah, we'll take care of this for you.
And the House Republicans or Senate Republicans are saying uh-uh, we're going to fight this at every step of the way, and we have a lot of tools at our disposal.
You're not going to get all these amendments, so don't vote for reconciliation and think you're going to get away with telling your constituents that you voted for reconciliation under the assumption that these amendments would be enacted.
These these House Democrats actually are being told that it comes time to run for reelection, that they'll be able to rule and say we didn't vote the Senate bill, we voted reconciliation.
And the Republicans in the Senate say, you go ahead and try it, but we're going to tell everybody what you voted for, whether you deem it or whether or not the Senate bill will have become law because of you.
And the House republic the Senate Republicans are going to make it as difficult as possible for these reconciliation amendments to be passed.
The Senate would have to approve them, go back to the House, tidy it up, and then as a separate bill go to the White House for Obama to sign it before all of these deals, before all of these promises that Pelosi is making to these members actually become law.
So if a House Democrat votes for reconciliation, which is deemed to include the Senate bill, you are knowingly voting for the Senate bill, Wartson all.
This is what the House Democrats must understand.
And I don't know how much they're being lied to about this, and I don't know how confused they are.
I'll bet you 90% of them are not going to read the reconciliation bill and probably haven't read the Senate bill.
It's the same.
I'm sure they don't really know full well what's going on.
It is purposely confusing.
It is confusing to the point of distraction.
All Obama is doing Sunday, all he's waiting for at the White House is to sign the Senate bill the minute Pelosi and Biden, or Whoever is in charge of the Senate at the time certify it and send it to him.
And then he leaves.
Obama will not wait around for debate over reconciliation between the Senate and the House.
He won't care about that.
He can come back for that later.
The idea that they may go ahead and try to fulfill the promises made to House members is even dubious at best.
But the House Republicans and the Senate Republicans are going to make sure that every American knows about every bribe, every sweetheart deal, and they're also pounding the halls of Congress right now, telling these Democrats, don't believe the promises because the Republicans in the Senate are going to block as many of these things as possible.
If you're being promised that your bank will be the only bank that in the in behave in the student loan program and be involved in it, don't count on that, Mr. Pomeroy.
Don't count on it, because we're going to stop it.
As many of these amendments as possible to be stopped through a legitimate legislative process of uh objections, amendments, points of order, parliamentary procedure, whatever.
Everybody says, well, but Russia only need 51 votes to pass these things.
I um I actually believe, folks, as I've said all week, that after Obama signs this, the only people that are going to be openly talking about this are Republicans.
They are never going to let, you know, Boehner said it today in his uh press conference just now.
Once big pieces of legislation are signed, everybody forgets it and moves on to the next thing.
He said, it ain't gonna happen in this case.
We're never gonna let people forget what happened here.
We're gonna be reminding people all the way through November and all the way through the election of 2012.
Uh, this will not be forgotten.
The temperature and pressure will be ratcheted up uh by the day to make sure that all of these changes in the reconciliation bill in the House do not happen over in the Senate.
And I, again, would not be surprised if the Senate just drops it.
Because this is such a negative.
This is such a drag.
They don't want any more talk.
They don't want any more debate.
They don't want any more opportunities for the details of this to become known.
As we get closer and closer to re-election season and the election itself in November.
All right, a brief timeout.
I hope that clears it up.
Sturdle, are you clear on it now?
All right.
I was confused.
Here, my my confusion was I thought, well, I I thought what I just told you was the case, but then I got up today and I started reading things, and I I could swear people think this whole thing has to be.
They're reporting it on television that this is not over Sunday.
That it goes to the Senate, the reconciliation fight happens, and Obama not signing anything till the Senate finish, and that's just not true.
Obama's gonna sign this Sunday because Pelosi's gonna separate or break out the uh the Senate bill from her reconciliation package, and it's done deal.
We got national health care, and the Senate bill is horrible.
The Senate bill is absolutely a train wreck.
They're doing everything they can today as well to make everybody think, oh, we're close.
Clevern just came out.
I think we got the votes now.
I think we got the votes at Carl Cameron at Fox.
Well, he's normally very cautious.
If he's saying that, they probably do have the votes.
They're still ten short.
There's a story.
Um big news, big press release today.
This is the kind of thing designed to make you think it's over.
Congressional Hispanic caucus calls for passage of health care reform.
Ha ha!
The Congressional Hispanic caucus today called for passage of Obama's health reform proposal saying it would greatly improve the quality of life for millions of Latinos.
Oh, what's so big what's a big deal about this?
There are no changes here.
They voted for it last time.
The news is that they didn't.
The news was that, well, they're thinking about they're thinking about not voting for it unless they get some assurances on immigration, which I'm sure they did.
But they were never gonna vote no.
They have not voted no.
But a lot of people were misled by this whole thing.
Every congressional Hispanic caucus member voted for the bill last November after threatening not to.
They're gonna vote for it this time after threatening not to, but they have never been in the no category.
But it's being portrayed here like, whoa, Pelosi's picked up a whole caucus today.
He didn't pick up anything.
With the Congressional Hispanic caucus coming out and lobbying uh for the bill's passage.
All right, now I do have to take a break.
It's Friday, so we try to take more phone calls on Friday than usual.
We'll do that.
Lots of great audio sound bites and continuing clarification of what's happening in all this after this.
The views expressed by the host on this show now documented to be almost always right 99.5% of the time.
Now, if they get away with this, if they get away with the slaughter solution, if they get away with voting on something other than the Senate bill, but saying they did vote on the Senate bill.
If they get away with deeming something to pass, they're gonna do it again.
Bob Gibbs said so yesterday.
He said they'll even use it on amnesty.
They'll even use this same procedure to get amnesty for illegals.
It was yesterday afternoon at the White House press briefing in the White in a Rose Garden.
A reporter said Mark Levin, Landmark Legal Foundation, prepared a suit against the president if he signs the health care bill passed by the House without a recorded yay or nay vote required by Article 1, Section 7.
My question on that would the president rule out signing future such bills as immigration reform or finance reform you mentioned earlier that are not subject to a yay or nay vote.
In other words, will you do this again?
Will you pass bills without actually voting on them?
I understand that there are those that want to discuss this as being uh a unique thing.
It is not.
I stated earlier that uh when this bill passes the House, the president will be happy to sign it.
So the president wouldn't rule out signing future bills that didn't pass both houses by yeah or no.
I'm not gonna get into a series of legal hypotheticals that both of us seem unprepared to discuss.
So they are prepared.
Uh if he if he does it, if he does it this way, he'll do it again.
Gibson's perfectly happy to sign the bill as it comes to him without having been voted on by and passed by both houses.
So he'll do it again.
And they will because the Constitution's an impediment to these people and what they want.
It's serious.
Now, what are the likelihoods?
A lot of people are asking, well, what are the likelihoods a lawsuit to stop this could succeed?
And there is a tough challenge here.
There's a the tough couple of things to overcome.
The Supreme Court had a decision in 1892, and there have been two subsequent circuit decisions that rely on it, it's precedent, including the DC circuit, where this would be litigated if it is.
The Supreme Court decision in 1892 said that the court will not look behind the enrollment of a bill.
That is, once the Speaker of the House and the President of the Senate certify that they have a bill, the Supreme Court said they will not look at how the bill became law.
if that holds, then all this is academic and anything's going to happen.
Separation of powers, co-equal branches.
Supreme Court says it's not our business how they do it.
We'll rule on the constitutionality of the result, but we're not going to mess around on how they did it and get involved, and that's what they said in 1892.
And that is a key provision or issue that has to be overcome.
And given that this is a fundamental violation of the Constitution, a lot of legal scholars think that they have a solid chance here of getting the court to actually look at the process because it is and without question, a violation of the Constitution.
A violation of the Constitution that is profoundly specific in its intent.
There's not a lot of ambiguity in the clause and the section of the Constitution describing and requiring how a bill becomes law that's not ambiguous at all, and it's being it's being shredded here.
It is being totally ignored, and lawlessness is taking place.
Unconstitutionality is taking place right in front of our eyes.
Now, here is um let's see, did go back to audio soundbite number three.
I want to go back to Obama today at George Mason University.
Because really what he was doing here was starting his victory lap.
He thinks he's got the votes on Sunday.
Here's what he said about all the people have been lying about what's in his bill.
We have heard every crazy thing about this bill.
You remember?
First, we heard this was a government takeover of health care.
Then we heard that this was gonna kill Granny.
Then we heard, well, illegal immigrants are gonna be getting the main benefits of this bill.
There has been they have thrown every argument at this legislative effort.
But when it it turns out, at the end of the day, what we're talking about is common sense reform.
That's all we're talking about.
He didn't deny anything.
He didn't deny any of that.
He just said they're throwing every crazy thing at it.
Well, because it's true.
We happen to have read it.
The Senate bill does have death panels in it.
The Senate bill duh what do you think that the all these um uh uh switches from the uh like Luis Gutierrez, Illinois, he was gonna vote no.
He's a yes no.
Well, I wonder why.
This is about amnesty and illegal immigrants and getting them health care.
No, he's gonna need those people to win re-election because he's gonna be so unpopular by 2012, he's not gonna stand a chance unless he has amnesty in those new people.
On the cutting edge of societal evolution, Rush Limbaugh, open line Friday at the Excellence in Broadcasting Network.
Now, this um this carve out for Earl Pomeroy uh being called the Bismarck bribe.
Uh I need to clarify something.
The Bank of North Dakota is a socialist bank.
It's not a private bank, it's state-owned bank, and that's the bank that has been given a special uh dispensation from the uh student loan uh law and will be allowed to make student loans.
Uh it Kent Conrad of North Dakota says he doesn't want this.
Now, this is key, because Conrad is crucial budget committee when it comes to reconciliation.
And Conrad does not want any special deals for North Dakota.
So, Mr. Pomeroy, you've got to understand something here that your little carve out here likely is not going to happen.
If this reconciliation ever does really get to the Senate, and if they ever do actually uh uh uh take it up, the uh Bank of North Dakota would be federally subsidy be allowed to uh uh issue federally subsidized student loans, meaning it'd be the only lender remaining outside of the education department's direct lending system.
Now, the Bank of North Dakota is a state-owned lender that Democrat AIDS described as representing the type of nonprofit entity they want to encourage.
Critics of the loan bill suggested the provision was designed to win the support of a key Democrat, Kent Conrad of North Dakota, but he doesn't want it.
He is on record saying he doesn't want it.
It's also designed to get Earl Pomeroy, uh member of Congress.
Caterpillar.
Boy, do we have a long history with caterpillar.
And it is this.
Remember going back a little over a year ago to the stimulus bill.
Obama said that the CEO of Caterpillar said he'd sign on, he would really he'd uh he'd start hiring people back.
He started hiring new workers if there were a responsible stimulus bill.
And Obama used that in a speech as a means of garnering further support for it.
And then we learned that the um CEO of Caterpillar said, I never said any such thing, and we learned this a little while later at a at a uh at a town meeting in Illinois, uh where the uh the whole lot of uh of cajoling was going on to make people say something, things in in in in support of Obama's stimulus package that they really didn't think or believe.
So we know that the whole caterpillar thing was made up, it was a fraud, and the CEO is kind of between a rock and a hard place because the president put him there.
So Caterpillar, a long history with this administration, said that the health care overhaul legislation being considered by the House would increase the company's health care costs by more than 100 million dollars in the first year alone.
Now, the president was lying through his teeth at George Mason University again today, talking about how premiums are going to come down.
It is it is just amazing to listen to this man lie blatantly so to everybody about everything.
He hasn't said one thing that is true about this legislation.
Not one, folks.
Every argument he makes is specious, misleading, untrue and false.
He's out there saying premiums are gonna come down.
Hell, not even Dick Durbin saying that.
Other Democrats, uh anybody thinks premiums are gonna come down after we pass this bill.
Uh, I don't think so.
Uh the premiums are gonna go up.
We're just gonna have to uh we're trying to slow the rate of increase here, but uh no premiums are gonna go down.
Oh, yeah, your premium's gonna go way down.
Well, how can that be if Caterpillar says that their company's health care costs will go up by a hundred million dollars in the first year alone?
In a letter yesterday to House Speaker Pelosi and House Republican John Boehner, Caterpillar urged lawmakers to vote against this plan because of the substantial cost burdens it would place on our shareholders, on our employees, and our retirees.
We can ill-afford cost increases that place us at a disadvantage versus our global competitors, said the letter.
It was signed by George Foley, who is the uh the vice president chief human resources officer at Caterpillar.
We are disappointed that efforts at reform have not addressed the cost concerns that we have raised throughout the year.
So, um, what are they gonna do?
What's caterpillar gonna do if their health care costs go up a hundred million dollars?
Well, here's a story from today.
Caterpillar lays off a hundred and twenty-one workers.
More to come.
Caterpillar today notified 121 workers at its Clayton, North Carolina plant that their jobs will be eliminated in 60 days.
The layoffs are part of a previously announced corporate restructuring in which the company is shifting production of backhoes to the United Kingdom.
So that's how they'll deal with it.
They'll simply fire people.
Caterpillar has about 1,800 employees in North Carolina.
The bulk of those workers work at uh facilities in Clayton, Kerry, and Sanford.
Uh last year, Caterpillar eliminated hundreds of jobs locally and 19,000 worldwide in response to the recession.
Today the company employs 93,000 people around the globe.
Now, Fox News is reporting, they've been reporting all day that the um House is two votes short of passage.
They just now said that they're one vote short.
Uh so that means they've got 215.
Clyburn, the uh the House Whip, Democrat whip, just came out and said, we got the vote, so we're gonna we're gonna we're gonna get this thing done Sunday afternoon at two o'clock.
That's it.
It's over.
It's over.
Other whip counts show them still under 200.
The bottom line is, folks, let me give you a football analogy.
I don't want anybody to get down and out over this because even if this passes, it ain't over.
You have to understand that.
We're not gonna just lie down and turn our country over to these people.
But don't believe yet that it's going to pass.
On Monday, sometimes, yeah, on Monday, sometimes early.
This is a Tuesday morning of every National Football League week.
Los Vegas odds makers publish the line for the following Sunday or following weekends games.
And every one of those games, they pick a winner.
Well, they're not actually picking a winner, they're trying to pick a number to get money bet on both teams equally, so they don't lose.
But to entice people to bet, they'll install a team as a certain favorite, six and a half point favorite or plus three favorite.
Why do we play the game?
If somebody's out there predicting the outcome of something, then why engage in the activity?
So now we got all these people predicting it's gonna pass, which they've been doing for a year.
They have been predicting they had the votes for a year.
Obama had to go to a Republican to try to get him to change his mind.
Joseph Gao, Joseph Cash Gow of Louisiana.
Now, if you gotta go to a Republican, something tells me you're not that close.
Bloomberg today, while Fox was saying they were two voice, two votes short, Bloomberg was saying a Democrats are ten votes short.
But you play the game, I don't care what it is, and in the process you find your opponent's strengths and weaknesses.
You just don't.
If your opponent says, hey, you know what?
We're gonna beat you.
Oh, okay, you think you're gonna beat us?
Well, let's not play the game.
Did the Baltimore Colts say, okay, you guys win after Joe Namath guaranteed a Jets victory in 1968 Super Bowl?
Hmm.
Or whatever the year was.
No, they played the game.
Well, we're gonna keep playing the game.
Because these people are Democrats.
These people are leftists, and they have been engaging in a PR scam for a year to convince everybody they've got votes when they don't have them.
And the media is pulling it's pushing this.
The media is not your friend in this.
The media is doing everything they can to further this PR effort to make you think it's over, so you don't show up in Washington tomorrow at noon if you're planning on going, so that you stop calling.
But the game isn't over.
They've announced kickoff at one o'clock Sunday.
That's when the and guess what?
There's another little procedural trick that they're gonna do.
They have a they have a bill on ocean algae or something, I don't even know what it is, but they're gonna be voting on a second piece of legislation in the House on Sunday.
Why?
Because if they come up short, if there's a surprise, you know, they'll if if they call a vote, Pelosi thinks they've got them.
Somebody could change their mind in the middle of the vote.
It isn't over till that 216 numbers reached.
So if somebody waits, somebody delays, somebody doesn't vote the way Pelosi wants, they can they can hold off and go to this second piece of legislation before closing out the first vote.
It's common.
It's not something special that they're doing this Sunday.
It's common.
But that again tells me that they're not confident that they don't have the votes.
If they're trying to get a second bill to vote on to keep the first period, the health care uh vote open longer than normal, to twist arms or what have you.
So let them say they've got the votes.
Let House let Fox News say they're only one vote short.
You know, let them say the game's over.
But it's not over until it's over, and it's not over until it's played.
And in the process of playing the game, you find your opponent's strengths and the weaknesses and how to exploit them.
And it's crucial, it is crucial that members of the House who have been given these special deals understand that the likelihood of these deals ever happening is less than 15%.
What is going to happen again if this passes is that the reconciliation package, all of these amendments, all these special deals like the North Dakota Bank and whatever other deals there are, gonna be separated.
And the Senate bill alone, which will not have been voted on, it will have been deemed to have been voted on.
The Senate bill will be broken out, and it will be sent by Pelosi.
She'll certify it, send it over to the Senate for whoever's running the Senate certify it, then it goes to Obama.
And if they've got the votes, we've got national health care.
Senate version only.
On Sunday, Senate version only.
None of these changes that the House has been promised, none of that bill that was posted on Louise Slaughter's website yesterday will become law on Sunday.
Only the Senate bill will become law.
Those changes that these House members are being promised will have to at some point go to the Senate where reconciliation will take place.
The Republicans are gonna do everything they can to stop every one of them from happening, and identifying every one of them and explaining who was bribed with what?
So that everybody will know prior to November who was bribed, who accepted the bribe, what the bribe was, who was appointed to some ambassadorial post, who was given some nomination that will be held up.
House Democrats have to know that what they are doing by voting on their reconciliation package Sunday is nothing more than sending the Senate bill into law by itself.
That's all that's gonna happen.
And that's all Obama cares about.
He'll split, he'll find somewhere to go.
This reconciliation stuff, you won't see that acted on until well after the Easter break, if then.
And people in the these these Democrats in the House, just like the blue dogs, you're gonna try to warn the blue dogs all year.
You know, you you're gonna be sold out.
Pelosi would love To call her herd, she wouldn't mind if you guys lose big in November.
The House Democrats are being shafted, lied to, by their own leadership and by Harry Reid.
They don't trust each other.
The House Democrats, Senate Democrats don't trust each other.
Somebody has told them something to make them believe the Senate's going to enact all this stuff for them.
But if they don't trust each other, why should we trust them?
Well, we don't.
The American people don't.
The American people are being screwed royally by the president of the United States.
There's no other way to put it.
We're being screwed royally, the big shaft.
We are being bludgeoned.
This is banana republic type stuff.
This is what happens in dictatorships.
This is tyranny.
If you ever wondered what it looks like, close up.
This is it.
Welcome back, Rush Limboy and the Excellence in Broadcasting Network searching for a right.
No, that's not it.
I'm not going to be able to find it quickly enough.
Here is let's go to the phones.
Let me grab a phone call real quick because I've got a we've got we got Kleibern, we've got Kucinich now telling us what he was promised, and that is this is just Obamacare 1 that uh all kinds of changes are coming, which we know.
Uh I just we have some here we go.
Here we go.
I got it.
Okay, sound by 23, 24, and 25, 26.
Now, first up, we've we've got not I'm gonna I'm gonna save this for the next hour because everything's disorganized here and I can't put it together this quickly.
So let's do go to the phones.
I'll go through all of this in the in the opening monologue segment of the next hour.
It's Kucinich, it's uh it's Kleiburn saying this is just the beginning.
But what we're gonna do is go back and replay for you Obama from 2007 saying this is just the beginning.
We've got Obama saying all of this, and we've aired this stuff before.
But this is uh this is just to remind you.
And get it out there on the uh on the day preceding this uh this weekend.
Larry Cudlow, by the way, posted at the corner at uh at National Review Online.
As of this morning, the in-trade pay-to-play betting parlor is giving a 75% uh probability that it'll go through, so in trade seems to think so.
But here's what I do know.
Obamacare's worst tax increase is the imposition of a new 3.9% Medicare payroll tax on capital gains and other investments.
What will this do?
It will depress the economy, it will depress wages, it will depress jobs.
Washington doesn't understand that you can't create jobs without new healthy businesses.
Can there be anything done?
Larry, they do understand.
This is my whole point.
Obama knows exactly what he's doing.
And the Democrats, the radical left Democrats know exactly what they're doing when they are destroying the economy like this.
But there is now the the Medicare taxes is been upped.
It was at uh 2.6%, now it's 3.9.
Medicare payroll tax on capital gains and other investments.
This is uh is it Daniel in Southern Virginia?
Great to have you on the program.
You're up first on Open Line Friday.
Hi.
Good afternoon, Russ.
How are you doing?
Very well, sir.
Thank you.
Um, I just had this comment to say, uh, and I want all these people out here listening.
Uh I want them to hear this.
I had a good factory job in Richmond, Virginia.
They closed my plant down over a year before.
I got laid off over a year ago.
Um, I was making decent money.
I was you know, making twenty-something dollars an hour.
And I had wonderful health insurance.
I had to pay for it every week.
Uh it wasn't very expensive.
But my family was covered, and our coverage was wonderful.
So I don't understand why these people up in DC cannot see that.
If you have good paying jobs, you get our jobs back or create something, some new good paying jobs.
People can afford health insurance.
People will have good jobs.
But, you know, I guess they just want to shove it down our throats.
Well, that's a great, great question.
I thought we were gonna have a laser-like focus on jobs.
If people just had jobs, they could afford stuff.
And all this panic wouldn't be ensuing out there.
But where is the laser like focus on jobs?
Well, I'll tell you what, Daniel, there is no laser-like focus on jobs, and the administration has said, get used to it.
10% unemployment for the next few years, the foreseeable future.
This is the new norm.
That's exactly what they want, too.
You know, I really don't want to do it.
I don't want to get into the minutiae of this bill, but they're forcing me into it.
And getting into the minutiae, it's tough to hold your attention.
All the cuts, all the tax increases, it gets to be a blur after a while.
But a lot of people are focusing on this, such as this new 3.9% Medicare tax on investments.
But that's in the reconciliation package.
That's not in the Senate bill.
The Senate bill's bad enough.
I'm gonna go through what's in the Senate bill so you know what we're gonna get on Sunday if they if they pass that.
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