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July 8, 2010 - Rush Limbaugh Program
36:35
July 8, 2010, Thursday, Hour #2
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All right, welcome back.
It's Rush Limboy, and this is the EIB Network.
We're great to have you with us.
And if you're on, if you're on the phone on hold, hang in there.
Hang in there, be tough.
So sit tight.
Telephone number 800 282-2882, the email address L Rushbow at EIB net.com.
Got some audio sound bites coming up with the uh president of the uh the new Black Panther Party.
His name is Malik Zulu Shabazz.
I have I have um we back in my old days of my TV show, we played some some some video of uh uh of of Malik Zulu Shabazz.
Um no, but what what was his name, Sturdley?
Uh oh, you know this guy.
He's from Harlem, or he was.
I mean, I I I we we played is Malik's other.
We played um played some video of this guy on our TV show.
He was at the Republican convention, wherever it was in Houston, '92, whatever it was.
I don't remember the specifics, but I remember he was he can a seminar on on Newt Ginger Rich.
We stop Newt Ginger.
And I I don't remember what he was upset about, but we played, and he offered to come on the television show to uh to talk about.
We didn't have guests on a TV show.
We only had 22 minutes on that show, which is barely enough time for me to get started, and then it was over.
Uh but we got he's he's the president of the of the new Black Panther Party.
He's coming up.
And here's the story on the business insider young Americans learn that trying to find work is pointless while the U.S. has experienced some job creation during the rebound so what?
There's no rebounds and there's no job creation.
At any rate, unemployment for America's youngest job seekers continues to get worse, not even slightly better.
That's because the new jobs of today aren't open to them, according to a study called Unemployment Among Young Workers by the U.S. Congress, Joint Economic Committee.
Employers added over half a million jobs in the last four months, yet the unemployment rate for young workers reached a record.
19.6% in April of this year.
That is the highest level for this age group since the Bureau of Labor Stats began tracking unemployment in 1947.
The youngest workers, 16 to 17 years of age, experienced the highest rates of unemployment.
The unemployment rate for 16 to 17 year olds is 29% in April of 2010.
One reason explained in the report is that older workers are now taking jobs previously reserved for the youngest due to a dearth of opportunities.
Another is that industries which employed young workers were hit disproportionately hard during the downturn, such as hospitality and retail.
Education's also now more important than ever in securing an available job with higher education, massively reducing one's probability of being unemployed.
Now, here's the here's the dirty little secret.
This is why you listen to this program.
Because I, ladies and gentlemen, have one of the most productive, fertile memories that you will find not just in modern media, but throughout our society.
What is the big deal?
What is the problem?
Do you remember both the first lady, Michelle Obama, and Barack Obama, the president himself.
Starting in the campaign, and even after they were immaculated.
They've been telling college students to forget working in the private sector anyway.
Don't go to these law firms.
Don't go to Wall Street firms.
Involve yourself in the healthcare industry.
Stay in.
She told a woman in Zanesville, Ohio.
Cookie, this is a campaign sometime in 2008.
I don't know if this is an audio soundbite or not, but if it was, it's going to be in our archives.
She told a woman, a nurse in Zanesville, Ohio, don't leave here.
Don't leave town.
Don't go work for one of those big Wall Street firms.
Don't go to work for a law.
That's not what you need to do.
You need to work in government.
You need to work in service.
So now Obama's fixed it so they don't have a choice.
And they're talking about it at the Aspen Institute This week.
There's no incentive to work.
None whatsoever.
Unemployment compensation extensions routinely occur.
That was only in print.
Cookie tells me we don't have any audio of that.
It was only in print.
We don't have audio of uh of Michelle telling the woman in Zanesville, Ohio to screw it.
Stay where you are.
By the way, Chelsea Clinton is getting married on July 31st.
And you might be saying, wow, what's the big deal?
Well, she's marrying a guy who works at Goldman Sachs.
Uh Mark Mizvinsky, the son of Marjorie Margoli is Ms. Vinsky.
So it's okay for the Clinton's daughter to marry somebody going to work at one of those Wall Street firms, but uh Michelle My Bell and Barack Obama said, no, no, no, no, don't mess with it.
We're gonna find the stories in the archives.
I'm you you if you're a regular listener to the program, you know we've talked about it.
Not making it up.
So why?
Why, why what's the problem here?
Young Americans learn that trying to find work's pointless?
This president and his wife told them not to.
That it's a new day in America.
Arthur Laffer, Wall Street Journal, unemployment benefits are not stimulus.
The current debate over extending and increasing federal unemployment benefits encapsulates the disagreement between the Democrats in power in Washington and their Republican opponents.
What the consequences will be of raising unemployment benefits in today's depressed economy is at issue.
Now the most obvious argument against extending or raising unemployment benefits is that it'll make being unemployed either more attractive or less unattractive and thereby lead to higher unemployment.
Empirical research supports this view.
The Democrat retort is that the economy today is so different from the past that we have to suspend our traditional understanding of economics.
With five job seekers for every job opening, the unemployed are desperate for work, and increasing unemployment benefits will have a very little, if any dissent is disincentive effect.
This view hinges on a total change in employee behavior from normal times to the current period of the Great Recession.
Now, Mr. Laffer does not point out that the Obama administration and First Lady Michelle My Bell Obama actively encouraged people not to seek employment anymore.
To go into the public sector, go into service.
Give something back.
Don't be focused on earning money like Michelle was at the show-up job.
That to hit the no-show job at the hospital in Chicago.
Mr. Laffer, on the face of it, the idea that higher unemployment benefits will not lead to more unemployment doesn't make any sense.
Imagine what the unemployment rate would look like if unemployment benefits were universally 150,000 a year.
My guess is we'd have a heck of a lot more unemployment.
Common sense and personal experience indicate higher unemployment benefits will make unemployment less unattractive and thereby increase unemployment even in the Great Recession.
And there's a chart that he cites nearby in the story shows that since the 1970s, there's been a close correlation between increased unemployment benefits and an increase in the unemployment rate.
Those who argue that things are different today don't have the data to back up their claims.
This is all by design.
The sad truth here is that nobody's upset about this in the administration.
They have created the circumstances whereby this is happening.
Extended unemployment benefits.
No private sector jobs, and an encouragement not to go work.
Get used to the U.S. being in decline.
Get used to the fact that the UNES is no longer going to be the engine of economic growth, either here or in the world.
Here's how Mr. Laffer concludes his piece.
My suggestion would be to have taken all 3.6 trillion and declare a federal tax holiday for 18 months.
No income tax, no corporate profits tax, no capital gains tax, no estate tax, no payroll tax.
That's FICA, either employee or employer, no Medicare or Medicaid taxes, no federal excise taxes, no tariffs, no federal taxes at all.
Which would have reduced federal revenues by 2.4 trillion dollars annually.
Can you imagine where unemployment or employment would be today?
How about two and a half percent unemployment?
How does it sound?
His his point is that we've spent $3.6 trillion here on stimulus and bailouts and all these other things, and we got nothing for it.
Zilch.
His alternative, declare a federal tax holiday.
If you're gonna go in debt by $3.6 trillion, why don't you go in debt only $2.4 trillion and not tax anybody anything federally for a year, and then get out of the way and see what happens.
And he's dead on right.
It'll never happen.
Not with Obama.
That kind of evidence that taxes deter growth, that taxes deter expansion.
Something that a leftist, a statist, an authoritarian would never ever permit.
And remember this, the government does not create resources.
All it can do is redistribute resources.
Because for everyone who is given something, there's somebody who has that something taken away.
And that is what's happening, and that is by design.
Quick timeout.
Your phone calls coming up right after this on the EID network, don't go away.
All right, Cookie found the old uh uh uh uh video.
Uh thus audio sound bites we used the Malik Zulu Shabazz on the old Rushlin bought a television show back in the 90s.
She's digging that out of the archives.
We'll have that.
And why he made the cut uh on on our show.
Here May 14th, May 14, 2007.
Speaking of youth job opportunities.
Barack Obama urged students to pursue alternative careers, as he did before entering politics.
A defining experience for him was his stint as a community organizer in Chicago.
With a degree from this university, you have everything you need to get started.
Do you study business?
He suggested going out and helping struggling nonprofits.
Find better, more effective ways to serve folks in need.
You study nursing, he said.
Applause boomed from the football field.
We'll understand clinics and hospitals across the country are desperate for your help.
You study education, teach in a high need school where the kids really need you.
After his speech, Obama took his place in a row of academic officials, shook hands with graduates, as their names are called, and they filed on stage, but 9,000 received degrees.
This is the LA Times.
Uh in uh in May 14th of 2007.
Obama urges ASU graduates to push themselves.
Arizona State University, I think.
So that's Obama said, Don't go to private sector.
Do what I did, a community organizer, go help hospitals, go to the help become a teacher.
Here's Michelle My Bell Obama, and in my own life, in my own small way, uh I've tried to give back to this country that has given me so much.
That's why I left a job at a law firm for a career in public service, working to empower young people to volunteer in their communities, because I believe that each of us, no matter what our age or background or walk of life, each of us has something to contribute to the life of this nation.
So she leaves the law firm, and she went over a career in public service, which was a 350,000 job, $350,000 a year job at a hospital.
And then it was this was this her connected job of the hospital.
And I'm not sure about this.
I have heard she left the law firm because she couldn't pass the bar exam.
Couldn't pass the bar exams, and it's time to go the public service route.
So why all this concern about young people not being able to find jobs.
I mean, both Obamas have said, don't look for those kinds of jobs.
Do what we did.
Go work in hospitals, change bedpans.
Go to a high need school and work with kids.
Become a teacher.
Give back to your community.
So the phones we go to Pam in Baltimore.
Pam, great to have you.
Has it uh cooled down a little bit there?
Uh no, it hasn't.
It's uh a little teeny bit.
It was it was really extremely hot the past couple of days.
Yeah, I saw that.
It's miserable.
I it's it's um it is July, though.
Yeah, it is.
Um I was gonna ask you about uh something, but before I do, I have a proposal for you, a challenge perhaps.
I just got married.
I just got married on June the fifth.
I know I know you sound like you were very, very happy.
It's first time I ever heard you sound like that on the radio.
That's true.
I mean, you're absolutely right.
So uh I'd say congratulations.
Thank you very much for that, but I I want uh I I have a question first and then a proposal.
Okay.
Is there any particular reason why r uh why rush that um I never see you outside of your what appear to be your comfort zone, the uh conservative type place, whether it's you know, conservative talk radio or conservative news media.
I mean, it is there any reason why you don't kind of you know shake it up a bit and appear on uh shows that are not strictly conservative.
Oh, yeah, there is, most definitely.
Why?
Yeah, I've reached a point, um, this is actually a very good question, Pam.
Uh, it's something that I wish everybody could experience.
I wish everybody could experience it.
I wish everybody could achieve what I have been fortunate enough to achieve.
There's not one thing in this life I have to do that I don't want to do.
Okay.
I don't want to go on television shows with one-tenth the audience the radio show has.
And I don't like talking with people who don't know what they're talking about, and yet into contrived arguments and debates where nothing is solved.
Uh, I don't want to go places where if somebody's only looking to notch their belt with whatever they can do with me.
Uh I have the most listened to radio talk show in the country.
I don't need to go anywhere else to reach people.
They come to me.
I understand that, but just like say for the sake of your listeners and other people who may be interested in your position, something to compare it to, because there's a radio uh host who I don't know if he's reached out to you.
I've heard him reach out as far as having an honest debate, not you know, any kind of trickery or anything else.
His name is Warren Ballantine, and he would be willing to meet with you or on your turns at uh any place to actually sit down and have an honest discussion on your views, I guess, versus heads.
And your audience can compare just like and you may be able to reach people that's not strictly in your audience.
Well, uh, in the first place, I don't know of the person you are mentioning.
Okay, he knows Armstrong Williams.
Are you familiar with Armstrong Williams?
Well, yes, I am familiar with Armstrong Williams.
Uh I but I didn't know he had a radio show because I don't listen to anybody else who does radio.
Okay.
Because again, uh Pam, you you're gonna misunderstand this.
But professionally, the way I approach this psychologically, there isn't anybody else on the radio.
I show up here at noon each day.
In my mind, my audience knows nothing until I tell them.
Right?
There isn't any there isn't anybody else.
Why why should I go on a radio show that in my mind doesn't even exist uh just because somebody's issued a challenge?
I mean, that's trickery in and of itself, which is what you're engaging, because you said you wanted to talk about the new Black Panther lawsuit, and now you're asking me why I don't go run around on on on radio and television shows and have no viewers or audience.
Well, I did want to talk about the the Black Panther lawsuit, and I t and I did say that, but I was just listening to you, and you said some other things that just made me think, and I thought about that.
I hadn't seen you engage.
I mean, I've seen you on Fox, and I know Barbara Walker interviewed you uh once, and I just thought I would ask the question.
But in reference to the Black Panther, the the the new Black Panther um lawsuit, I was wondering what your take was on it, because I listened to your show quite a bit, and I I didn't hear you talk about it.
Your producer said that you had, but I didn't.
And I was wondering what your position was on it.
My position on new Black Panther lawsuit is based strictly on what the line attorney who handled it is saying about it.
And that is that he was told to drop the charges and to forget about it because the the Eric Holder Justice Department is not going to pursue cases uh brought about by uh against uh black defendants.
So it says it seems to me that we have quotas and an actual racism going on in the Department of Justice.
Uh you have voter intimidation as well.
I mean, these people, these guys were trying to intimidate people from showing up uh and voting or voting the wrong way.
I just know if it were the Klan standing out there uh at a black polling place, you wouldn't be asking me why in the world I have a problem with it.
By the way, correction, Michelle Obama did pass the uh Illinois bar exam.
That was in 1989.
So I was in err.
I was in error.
Um I had been misinformed.
Uh she did pass the bar in 1989.
Now, uh folks, I want to explain something here.
Uh many people are gonna misunderstand what I what I told our previous caller from uh from Baltimore.
She asked me why do I not go on these other shows?
I was I was honest with her.
In fact, I don't have to go on these shows to appear on these shows.
I am a regular on particularly some of these cable TV shows.
They play audio video from the show, they quote me in context and out, accurately and inaccurately.
Well, I don't have to go on those shows to appear on them.
But what I want to explain here, it's just a professional thing.
And then a lot of people are gonna take what I said as an insult, and I didn't I don't mean it as an insult to anybody, but I have never listened to anybody else on the radio.
There's a specific reason.
I don't want to end up copying anybody.
Uh accidentally or on purpose.
Uh the the best the best way to uh uh uh eliminate your own originality is start getting ideas from other people.
So I don't listen to anybody else.
Now, this business about there isn't anybody else on the radio, of course I know there are other people on the radio, and I know many of them, and they're and they're my friends.
I'm talking about psychologically coming in here at twelve noon every day.
If I were to come here at 12 noon psychologically every day and say, you know, the audience already heard everything I'm gonna talk about, I would have no enthusiasm for it.
I'd have no reason to speak to you.
So in my mind, I start here at noon every day.
You don't know anything until I tell you.
And you certainly don't know what to think of it till I tell you what I think of it.
And as far as I'm concerned, there isn't anybody else that does this.
That's why I don't rely on anybody else to tell you what I think you should find out.
That's why I spend eight to ten hours a day in show prep.
I'm not gonna rely on some other show or another TV network or whatever informing you.
That's my job.
And I'm not so that it's it's a it's a purely psychological thing.
That's why I joke around.
If I haven't said it, it hadn't been said.
If I don't talk about it, it's not worth you knowing it.
Plain and simple.
It's not meant as an insult anybody.
It's it it it in fact it's a little inside baseball.
How do I approach this?
How do I do it?
And that's all I meant by it.
Was not insulting anybody else who does this.
But I was being honest.
Why should I go on a show that has 400,000 viewers?
I've got that many in a corner of 59th in Madison in New York every day.
Why should I waste my time on a uh on any of these shows that plus I don't want to.
And as I said, I'm very fortunate.
I've got myself uh at a point in life I don't have to do anything I don't want to do.
I used yeah, well, I did all that.
HR is pointing out I did all this when I was building this show.
I mean, the first two years, every weekend except four, for the first two years I was out doing personal appearances.
I every interview I could I in fact the people WABC in New York got tired of all the camera crews coming in every day to do videotape segments of the program.
And after a while it became to get a it was it by the way, I finally figured out none of these people really interested in what I was doing.
You know, give you an example.
Uh Bill Clinton State of the Union Add, 1994.
We get a call from uh ABC or CBS.
They want to bring a camera crew in and get videotape of what happened on my program responding to it.
And then they would say, take some callers who wonder what the callers are saying.
I said, Well, then you don't come here.
This program is about what I think.
If you're gonna do a segment of what I think about it, why are you coming in here?
Because it's a pain in the butt for you people to come in here.
You disrupt everything.
Gotta put these lights up, gotta put microphones taped on my belt and so forth.
It's a pain in the butt to do this.
So after they had served their purpose, you know, then pfft don't need them anymore.
And now I don't do it unless I want to do it.
I don't go anywhere unless I want to.
What?
They had a well, in speaking of which, I just got this story.
This story just cleared.
This is David Border from the Associated Press.
Americans avoided television in historic levels over the past week.
CBS NBC ABC Fox together had the smallest number of prime time viewers last week in two decades of record keeping.
Now that's prime time entertainment programming.
The nightly newscasts, you know, these people are already dead and buried.
They're in the ground, they just don't know it.
Somebody slipped them a breathing tune and a can of tube and a canteen of water, and they're able to survive down there underground, but it's over.
I guarantee by 6:30 at night, the only people who do not know what's happened that day are either drunk, stoned, or 85 years old and don't know how to use a computer.
And don't know how to tune a cable channel.
Pure and simple.
New York Times, American Dream is elusive for new generation.
This July 6th of this year.
To dovetail with the story we just had, Business Insider, no reason to look for work, young people said.
Say, there isn't any.
American dream elusive for new generation.
Who's running the country?
Um.
What's the point?
What was there?
What was a dream in the first what is the American dream to these people?
Whatever the American dream is, it's under assault by this regime.
And we found this at redstate.com, Eric Erickson's blog site.
Obama explained that she and her husband made the choice to give up lucrative jobs in favor of community service.
This is February 2008.
We left corporate America, which is a lot of what we're asking young people to do, she tells the women.
Don't go into corporate America.
You know, become teachers, work for the community, be social workers, be a nurse.
Those are the careers we need, and we're encouraging our young people to do that.
But if you make that choice as we did to move out of the money making industry into the helping industry, your salaries will respond.
They won't be as high.
This is Michelle Obama.
I think this might be the Zanesville, Ohio woman, I'm not sure, but regardless, there are countless examples of this of these two telling people forget money making jobs.
Go into the help industry.
Okay, fine.
So what's the problem if there aren't any money making jobs?
Why all the concern?
Isn't this exactly what the regime wanted?
Isn't this exactly what they urged young people to do?
Damn straight.
Okay, audio sound bites.
Malik Zulu Shabazz, he is the president of the new Black Panther Party.
And uh we have before we well, we're gonna do my TV show audio here first.
We've got three bites.
Uh wait.
Well, uh, we get two bites, but I'm they different times.
Yeah, let me figure this out just a second.
Here's what we do know.
October 18th, 1995, Rush Limbaugh the TV show from our archives, Malik Zulu Shabazz, chairman of what was then called Unity Nation.
It's a cocktail party before the million man march.
And Malik Zulu Shabazz was talking about Newt.
New King Rich.
This Georgia cracker telling Lewis Farrakhan what to say.
New King Rich.
Telling black people how to pick their leaders.
I say to hell with Newt King Rich.
Let me hear you say to hell with Newt King Rich.
To hell with Newt King Rich.
Yeah, that was it.
That's what I wrote to hell with Newt Gingrich.
Uh this Georgia Cracker telling Lewis Farrakhan what to say.
Okay, so that's Malik Zulu Shabazz calling Newt Gingrich a cracker before the Million Men March in 1995.
Now, this next bite, date unknown.
Closed meeting.
New Black Panther Party Chairman Dr. Malik Zulu Shabazz spoke, and this is some of what he said.
They say you're lucky Mr. Shabbaz to be in America.
I say you didn't give me nothing in America.
That's right.
Talk to the white America.
You have to give me nothing in America.
That's right.
I have a constitutional right.
That right was derived by the labor of Harry Tutler.
That's right.
That right was derived by the labor of Frederick Douglass.
It was derived by the labor of those who died in the Lakes Rivers Books and Stream fighting for the constitutional rights.
That's right.
It was not given to us.
We struggled for that right.
Do not come and tell me I have to be patriotic.
That is Malik Zulu Shabazz, the uh let's see, uh new Black Panther Party president.
Again, uh date unknown, location unknown.
We don't know when that was done.
Another one, this is on Russia TV, which is taped and airs in the United States.
New Black Panther Party Chairman, Dr. Malik Zulu Shabazz is a guest.
Unidentified anchor says, I don't know if you actually got a chance to see some of Fox's coverage.
Were you surprised that it popped up again and it was kind of an up-to-date every single hour?
I make of it as just part of the uh right wing paranoia and playing on racial fears, unfounded racial fears in every way.
By stirring up racial fears, you stir up the Tea Party.
By stirring up racial fears, you stir up the anti-Obama vote.
Fox News audience is mainly whites, Republican or right-oriented whites, some independents, Confederates, includes some hard right wingers and racist organizations, and so they have a base.
It's really the dissatisfied whites in America that are saying they want to take their country back.
We interpret that as meaning take our country back from this black man who happens to be the president, the not so subliminal message.
All right, so that's Malik Zulu Shabazz, who's the president of New Black Panther Party.
Now remember uh the it was uh it was um King Samir Shabazz was his name Shabazz, too.
Yesterday.
The guy said he hates white people gonna kill the crackers and kill her babies.
This was the guy who was doing voter intimidation in Philadelphia now, John Fund Wall Street Journal, who will investigate the investigators.
Another voter fraud scandal involving the Justice Department, J. Christian Adams testified before the U.S. Civil Rights Commission yesterday, and he talked about the Philadelphia case and the new Black Panthers, but he unveiled something new.
Mr. Adams leveled an even more explosive charge behind beyond the Panther case.
He testified that last year, deputy assistant attorney general Julie Fernandez made a jaw-dropping announcement to attorneys in the voting rights section of the Justice Department.
She said she would not support any enforcement of a key section of the Motor Voter Law, Section 8, which requires states to periodically purge the voter roles of dead people, felons, illegal voters, and those who'd moved out of state.
According to J. Christian Adams, justice lawyers were told by Ms. Fernandez, quote, we're not interested in these kind of cases.
What do they have to do with helping increase minority access and turnout?
We want to increase access to the ballot, not limited.
So we're not interested in purging voter registration roles of dead people, felons, illegal voters, and people who moved out of state.
We want to keep them on the rolls because we want to increase access.
So he was also told, in addition to dropping the new Black Panther case, to forget about Section 8 of Motor Voter by the Obama Justice Department.
Now, Jay Christian Adams is also saying now that the real reason the new Black Panthers were at the polling site in Philadelphia doing the intimidating was to distract the poll watchers so that acorn voters could vote without being challenged.
This is the line attorney who quit after he was told to drop the case.
He said that this really their intimidation was just a di a diversion tactic.
It was to keep the poll watchers' attention diverted to possible violence.
Well, acorn voters snuck in there and voted perhaps illegally or what have you.
Quick timeout here, folks, as we are a little long.
Back to the phones, and you right after this.
To Manhattan, as we go back to the phones, is Marjorie.
Marjorie, thank you for waiting, and hello.
Hello, Mr. Lindau.
How are you?
Just fine.
Thanks very much.
It's an honor to speak with you.
Thank you.
Since I retired, I've been listening to your radio program very often.
I thank you very much for that.
Um I want to speak to you about something you spoke about yesterday, a proposed tax on wealth.
Yes.
Okay.
I worked for my whole life.
I just retired two and a half years ago after working for 55 years.
And I live very simply in order to save up for a good retirement.
And now is Obama going to take away that good retirement by taxing what wealth I built up.
If he gets his way, uh one of the the it's not this is not done deal, it's not Esston Stone, but one of the ideas that might be forthcoming from his deficit reduction commission, it technically will not be coming from him, therefore.
This is the uh Irksembolds and Alan Simpson boy uh babe uh panel.
The VAT tax, value-added tax, new income tax increases, and they're considering for the first time a wealth tax.
And the uh Europeans have one.
The French wealth tax is one point eight percent on net assets every year.
The French raise about five point six billion dollars a year with their wealth tax.
Uh I don't think any this administration, Marjorie, I don't think any potential tax increase is off the table.
I think they'll look at every one they can.
He's making life very difficult for seniors.
He's making life very difficult for every American.
He really is.
But I know you you look at your retired.
I don't know what your investments are in.
Uh municipal bonds, basically.
Well, you know, they're looking at tax in those too.
I I I have a muni bond portfolio, and I'm I'm I'm sitting here very hard to get now, because they have much less of them than they used to be.
Uh yeah, plus you wonder about, you know, the the health of the things.
Yeah, I know.
You know, in New York.
Municipalities uh being given the bankruptcy possibilities that they face.
I I buy triple A ones.
I try to keep them at triple A. Well, that's good.
But I mean, they're they're they're thinking they're thinking of eliminating the tax-free status of Muni bonds and taxing them too, as part of a new investment income strategy that goes into effect uh January 1, 2011.
So, senior citizen retired young story today about the youth college graduates don't even look for work, there aren't any jobs.
And here's Obama.
Let's go back.
Audio soundbite number uh twenty-seven.
This is uh we don't have time squeezed in it's a 56-second bite.
But this is this is Obama in Tempe, Arizona, Arizona State University.
And it's the soundbite that I just read.
It's him actually saying it.
Do you study business?
Why not help a struggling not-for-profit?
More effective ways to help people in need.
You study nursing, understaffed clinics and hospitals are all over the place.
Uh is he urges people not to go into money making jobs.
Did this soundbite.
So it's that simple.
Now, Marjorie, you are retired, and that means you're wealthy in Obama's world.
You've got a you've got a portfolio.
And according to Obama's guy, the poor will not get health care unless your wealth is taken and redistributed.
The new administrator of Medicare and Medicaid, that's how we're gonna pay for the poor's health care, take your money away from and mine.
Everybody else's.
Hey, we're back.
It's Rush Limbaugh and the EIB Network.
Obama addressed...
Well, spoke about the economy today in Kansas City at Smith Electric Vehicles.
I, of course, was not there.
I was here.
But I have a spy there who said he heard the speech.
Sound Obama sounded listless, uh, without much passion.
We have a couple of sound bites.
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