All Episodes
Previous Next
July 28, 2010 - Rush Limbaugh Program
36:51
July 28, 2010, Wednesday, Hour #1
| Copy link to current segment

Time Text
Welcome to today's edition of The Rush 247 Podcast.
Hey folks, I got a simple question for you.
How far out of touch do you have to be?
To have Rosie O'Donnell questioning your judgment.
If Rosie O'Donnell thinks you're doing something wrong, you have got to be off the charts wrong.
Rosie O'Donnell doesn't think Obama ought to go on the view.
Too fluffy, too daytime, not serious enough.
Whatever else comes of it, let me tell you this.
Obama is going to provide the view with some much needed estrogen.
Greetings, my friends, and welcome, Rush Limbaugh, the Excellence and Broadcasting Network.
Happy to have you here.
Telephone number 80082882, the email address L Rushball at EIBNet.com, the uh the fake media breathlessly awaiting the judge's decision on Arizona, whether or not to have a temporary restraining order injunction against the uh implementation of the Arizona law, immigration law tomorrow, or not.
Everybody's uh engaging in wild guesses as to what the judge will do.
We will refrain from guessing, and we will pass it on when we have the news.
Meanwhile, Arizona's tourism industry, despite having a target on its back, uh, is just going through the roof.
Arizona hotels are thriving despite boycotts over the immigration law.
Recent data compiled by a market research group show hotel bookings across the state, as well as uh tourism hotspots at Phoenix and Scottsdale have been on the rise in the past two months.
So I'm assuming that people in Arizona would say, boycott us some more.
In the meantime, LA union members and activists are in a caravan to Arizona to protest the immigration law.
More than 550 people representing 32 unions plan to travel in 11 buses for a rally at the state capitol and a vigil with a local groups on the day the law is set to take effect.
That's tomorrow.
As a judge weighs wedded a halt Arizona's controversial immigration law, hundreds of LA union members and activists are planning a bus caravan to Phoenix the day the law is set to take effect.
More than 550 people.
Now get this.
More than 550 people plan to ride on 11 buses to Arizona to stage a protest and launch a partnership with Arizona groups to boost voter registration.
To boost voter registration.
The hell you say.
A bus caravan of 550 union thugs to boost voter registration.
Well, I don't know, Munghoo.
During the one-day trip sponsored by the LA County Federation of Labor, that's the AFL CIO.
Participants will meet with the Phoenix Police Chief Jack Harris.
They'll march to the state capitol and they'll hold a visual.
A vigil.
Participants represent 32 unions.
I wish they'd meet with Joe Arpael.
That's who I wish these union thugs would meet with.
As California and Angelinos, we want to see how we can help not only defeat the specific law, but also to help a Latino community be more active in the political process is Maria Elena Drazo, executive secretary treasurer of the Labor Federation.
Hopefully it'll motivate some to go out and register to vote, which is what this is really all about.
That's so we're eagerly awaiting here, ladies and gentlemen, the um decision of the judge as to whether to stay the law or to let it be implemented in the lawsuit.
Well, there will be a lawsuit.
There's gonna be a trial.
The question is will there be a trial while the law is in effect or while it isn't in effect?
Everybody's making a big deal out of this, and I don't know why.
You know, first the national inquirer has a story that Chelsea Clinton is having nervous breakdowns.
She worried that her husband to be might cheat on her.
Now, where would she get an idea like that?
No, I kid you not, it's in the National Inquirer that she's having emotional problems over this.
And if she called her mom while her mom was in Turkey or Afghanistan or somewhere on a super secret phone line to talk about it.
Is she really worried that her husband to be might cheat?
Now, the national inquirer, I mean, it you'd be hard pressed to find a story where they've been wrong in the last three or four years.
I mean, they shot for a Pulitzer Prize there on the John Edwards story, and they didn't get a Pulitzer prize.
How about John Kerry?
John Kerry has gone ahead and say, okay, okay, okay, I'll pay the $500,000 tax, even though he doesn't owe it.
Now, folks, that is just stupid.
That is just plain stupid.
I don't care whether he got caught or not.
He is not breaking a law.
He's not breaking the law.
He got a boat.
He had a boat built in New Zealand, didn't have Americans build it, fine and dandy, free market.
He docks the thing in Rhode Island where there's no $500,000 tax, and there's no uh $70,000 excise tax.
To uh, well, he can float it to Massachusetts, he can sail it up to Massachusetts.
But he doesn't, you know, but the home port is uh you you know folks, you can you can you can uh you can have a uh a yacht registered in a landlocked city if you want.
You can register, you do all kinds of things here, but uh that's it.
What?
Well, he yet, you know why he had to pay it?
Because he's a frigging hypocrite.
He had to pay it because he's out there demanding everybody else pay taxes and every all the other rich pay taxes, and yet he's acting just as a member of the ruling class would do, exempting himself from the own law, his own laws, but he didn't really break a law.
He just took advantage to dock his little yacht there where there's no state tax.
Now he's gonna go ahead and pay it anyway because he got caught.
Stupid.
And this guy's a U.S. senator.
It's not his money anyway, it's his wife's.
We can never forget that, so it's no big deal.
And here's another one.
Back to Chelsea Clinton.
This is from TMZ.
Chelsea Clinton's wedding, $15,000 porta potties.
Um, this is no big deal.
Uh I've I've seen these.
I've used these.
It's it's a it's it's basically a bathroom inside a trailer.
And they're pretty nice.
I've used these.
It isn't any big deal.
I mean, the the the Clintons are having a wedding in a tent.
They're not doing it at somebody's house.
They're not doing it at a hotel ballroom or their built-in restroom, so you gotta have this thing.
I've used this.
They are pretty elaborate, but so what?
They're $15,000 a bit.
The Clintons aren't paying for it.
We don't think.
They uh portable latrines have actual porcelain toilets that flush, stereo music and hot running water, and they're big.
And they're getting between four and six of these trailers for the big day, a total cost of about $15,000.
So big deal.
I mean, the things that the drive-by is go out and get all exercised and uh and concerned about U.S. factories, orders to U.S. factories for big ticket manufactured goods fell broadly in June, as the fragile recovery continued to slow.
There isn't a recovery.
Fragile or otherwise, there's no evidence of a recovery anywhere.
Applications for home loans.
Now get this, this is also uh uh fake media.
This is partisan political operatives disguised as the associated press.
Applications for home loans fell last week, despite the lowest mortgage rates in decades.
Despite.
So these wizards are smart at AP.
My God, people are stupid out there.
We've got mortgage rates lower than ever, and they're still not applying to buy homes.
Why, what an idiot country.
They don't have jobs, you stupid fools.
And the people that do have jobs don't know for how long they're gonna have jobs.
And the people that do have jobs don't know what their disposable income's gonna be from month to month to month.
Hey, AP, this ain't the time to be taken on a huge investment, particularly in the housing market.
Which has had the bottom fall out of everybody's all excited today.
The Chevy Vault has been announced a price at 41 grand.
However, you can get it for less as a $7,500 tax credit.
Which means that the Obama and the government are admitting nobody wants this.
Nobody wants it.
We gotta give you a $7,500 discount.
Do this.
Why don't you try this, Mr. Obama?
The rest of you at Obama Motors, just put it out there at 41 grand and let the market decide.
No, I'm I'm not going to test you know, I'm going to be very honest with you people about something.
I General Motors about a year ago, after Obama took them over.
We didn't make a big deal about this, but General Motors, at the time, before before Obama took over the company, we were participating in an advertising campaign, and they wanted us to continue.
And it was a large financial commitment that they were making.
We turned it down.
I turned it down because I could not honestly recommend.
I knew this was coming.
I'm not going to recommend people go buy an electric car.
I mean, that was shooting my credit that gets 40 miles to a charge.
40 miles to the charge.
Takes three to four hours to charge the thing.
40 miles to the charge.
And then you uh and then there's a backup gas tank that gives you 375 miles.
So who's kidding who here?
And all this is 41 grand.
This is the most expensive Chevrolet outside of Corvette.
Now and all the while Obama wants to get rid of coal.
Where does he think we're going to get the electricity to fire these things up?
And they unless I've missed something, I don't know where the charging stations are.
The charging station is your house.
So that 40-mile range has got to include you getting home.
And then staying home for three to four hours to charge the thing.
I'm saying that's 20-mile range.
So I'm saying to myself, uh, I can't, I can't in good conscience, you know, recommend advertising, uh, vault.
You know, wish them luck.
Don't misunderstand here, but we turn down big money.
Sales staff, you know, my sales staff is uh among the most successful and at times the angriest.
We turned we we turned down things, uh oh General Motors was not happy about Obama Motors.
Oh, yeah.
I mean, I had it was it was it was gonna be live endorsement type things, and it was uh a year ago, and I I said I'm not sorry, no hard, no hard feelings here, but uh I just I I'm not I can't I'm not gonna put myself in a position here of after after years and years of having a position I've got on fossil fuels and the environment and so forth, all of it.
Can you see, can you imagine me coming, hey folks, guess what?
The Chevy Volts got and I think I I would be so embarrassed.
I don't know, 30, 40 years out, do I see it being viable?
I don't know.
I I people ask me at satellite radio.
Do you see that being viable?
I I don't know.
I I think technological advances are occurring so rapidly that there might be something come along down the road that would render electric uh as old hat but before electric can take hold.
If the the key here in in all of this is batteries.
I I don't know about you.
But we talk about technological advances.
I'm wondering why.
No matter what the device, I have to charge the battery every four or five hours, whether it's a car, whether it's a cell phone, whether it's uh whatever it is, why can't we get a battery that lasts a week on something?
Well, I don't know.
I'm not technologically advanced, but it's it it's energy, and it's not easy to produce energy, it's very difficult.
And the the battery here is the big same thing with the Prius.
You know, these batteries, and then when they wear out, you have to replace them, look at the environmental disaster or the potential environmental disaster that throwing the battery away is.
But I you you talk about viability.
If Obama's gonna shut down the coal industry, and if we're gonna start producing electricity with windmills and solar panels, I'm sorry, there isn't gonna be any electricity to drive a car with.
We get these smart grids and these smart thermostats where the authorities...
I'm seeing that word more and more in the media.
The authorities.
The authorities can regulate the thermostat in your house.
That ain't gonna happen.
I will go to jail.
That just is not gonna happen.
But if it does happen, there isn't gonna be enough energy.
You won't have to worry about the government because there won't be any power coming to your house if they get rid of coal.
So you know, it will the electric car become viable.
Well, if you if you look at this this regime's environmental plans, there's not gonna be any electricity to charge these cars with.
All I'm saying is you put this car out there, and look, by the way, I I have nothing against don't don't misunderstand here.
I I'm I'm you want one, go get it.
You're fine and dandy.
I'm just uh you put a price point of 41,000 on this and take away that 7500 come on, let the market decide, and I have a feeling I know what would end up at this point in our history with the electric car.
Well, Al Gore tried this long ago.
They tried to force us into these things long ago, and we didn't want them, and that just made them mad.
Just made them matter.
Um fuel cells, that was supposed to be um a big innovation.
What it all points out is that energy, the production, the creation, production of energy, is not insignificant a thing.
It is a very difficult thing.
That's why we go down five thousand feet to get oil.
We need it, and there's nothing better than oil to fuel our growth and our needs.
And we're surrounded by an income poops who want to eliminate it, just take us all back to the Stone Age days of poverty.
In the name of saving something.
Anyway, quick time out.
Lot to do here, folks.
They can't find the oil.
The Washington Post, the New York Times cannot find the oil in the Gulf.
They are worried and they're angry.
And some media figures are even going on television saying I was right.
Back after this.
Don't go away.
Brian, I've seen you driving a uh uh it's a Prius out there.
Hey, but what what's a Prius cost?
Ballpark.
Yeah.
Mm-hmm.
Okay, $30,000 for Prius, $41,000 for a Chevy Vault, 10 cents for a red AIDS ribbon.
Look at how much the cost has gone up to show how much you care.
You used to be able to show everybody how superior you were and how much you cared with a ten cent red ribbon.
Now you gotta spend 30 grand or 41 grand on a car to show everybody how much better you are than everybody else.
All right, let's go to the audio sound bites.
Uh the the the view.
Uh you know, Obama's taping his appearance, or maybe already did.
It will air tomorrow, as I said at the uh top of the program, whatever else comes of this.
Uh Obama is going to provide some much needed estrogen to that show.
So the gals are discussing Elton John today.
Elton John, of course, came out yesterday and said, hey, yeah, I'm gonna play.
He was in Tucson.
I'll play Arizona.
And he it got on all these other people that don't, these other musicians.
He played Israel during the flotilla controversy.
And of course, that had to be mentioned in a story that Elton John played my wedding reception.
And uh they also pointed out that Elton John, even though I am vehemently anti-gay marriage, Elton John is married, he's not.
Elton John is not married to David Furnish, and Elton John doesn't he's not a supporter of gay marriage.
Elton John's on the same page as I am as Obama is on gay marriage.
He's for civil unions, but uh he's not we got a nice card from him yesterday.
We got a uh I scanned it, uh it sent it from Los Angeles.
He was uh he said it on the twenty-fourth, we got it yesterday.
Just a beautiful good, and and and some of the things he he knows me, Elton John after the the time we spent together this past year.
He he knows me better than some people who've known me for decades.
It really uh it was it was beautifully written, a very nice card.
Here are the girls on the view discussing uh Elton John.
Here we have Sherry Shepherd uh and the former Fox News anchor read an infobabe E. D. Hill, who I'm told now has a radio show.
But then who doesn't?
Saying that music is supposed to heal and bring everybody together.
You don't get to cherry pick your conscience.
So that's one way of looking at it.
Music is beyond it.
You know, sports is beyond.
He's always clear.
He's about the money.
You know, I'm there.
I'm doing the conscience.
He played at Rush Limbaugh's wedding.
Always made it clear he's about the money.
Um I thought he's made it clear he's about building bridges.
At any rate, uh they're the gals in the view uh discussing all of this.
You know, Obama is told of Boy Scouts, go to hell.
I rather go fundraise, and I would rather um I'd rather go appear on the view and take some estrogen to that show.
But I spoke at a Boy Scout thing last year.
I'm gonna remind you play some audio sound bites from it.
Hey, I uh quick question.
Uh uh, ladies and gentlemen, as you know the Boy Scouts of America, their 100th uh anniversary, they do a jamboree every four years, and uh Obama one of the first presidents to basically stiff them.
Probably because there's not a merit badge for community organizing.
They come up with a merit badge for community organizing, I'm sure Obama will go.
So he's gonna go on to view, and he's gonna go fundraise, but he's not gonna go to the Boy Scouts.
Once again, a tradition and institution that uh no question has contributed to the wholesomeness, the decency, the goodness of the country, that the President of the United States just flips off.
Last November, the date specific was the 11th.
It was in Terrytown, New York, the Westchester Putnam Council of the Boy Scouts of America, awarded the Fox News Channel CEO Roger Ailes, the 2009 Good Scout Award.
I was asked to go up there and introduce.
Actually, no, I wasn't.
I volunteered to go up there.
Uh I I got a note from the organizers saying that they were going to have this event, and uh, would I like to buy a table or something in recognition of Mr. Ailes giving the award?
I said, Well, I'll buy a table, but I'll come up there.
So they put me uh put me, well, that wasn't a head table, but they put me at a at a table out there.
And Haroldo was the only Democrat in the place.
And uh a lot of a lot of the Fox people were there.
Well, I have a couple of sound bites from my introduction of Roger Ailes prior to him uh receiving the 2009 Good Scout Award from the Westchester Putnam Council of the Boy Scouts of America.
This room tonight is America.
This room tonight is a microcosm of what made this country great.
The Boy Scouts of America.
The values, the love of country, the recognition that as human beings our rights, our freedom, our essence, our yearning to be free come from our creator, from God, not from a government, not from other men, is what has made this country great.
And I further stated, all want them to have the same opportunity we had.
We all want them to have the same access to prosperity and whatever it is their ambition will take them to that we had.
And I really believe that's under assault now.
And the people involved in instilling those values in the young people of America who it's been said accurately tonight are the future of the country.
Deserve applause.
They deserve recognition, and they deserve to be inspired and motivated because not only the kids doing it, but the adults inspiring them.
I am proud of all of you involved in the Scout program wherever you are.
And I am thrilled to be here and to be able to be a part of this.
That was uh last November, but uh Terrytown, New York, where the uh the Terrytown mob, the big mob contingent there throws their olive pits in the river.
But uh regardless, uh, this was a great night.
Ailes got the award as the uh the Good Scout Award for 2009, and it was a tremendous night, wholesome and decent, decent, and and the president of the United States wants no part of it.
It is a significant significant change.
Uh I got an email last night, and I'm glad I got this email, because I want to correct the misunderstanding, apparently many of you might have.
Dear Rush, this is from a woman named Michelle.
I have been listening to your show for years.
I have never been moved to write you, but after hearing your view regarding people that are not able to make their mortgage payments or are in foreclosure, I have to write.
My husband and I are conservative.
We live within our means.
The economic disaster created by our politicians has pushed us into near bankruptcy.
We didn't plan on getting lymphoma.
That our home in Florida would become worthless due to the recklessness of our government and investors.
That the business my husband worked for for 13 years ago bankrupt due to the downturn in the economy, and my small business sales would drop 60%.
We anticipated none of that.
We didn't plan on any of that.
But you made it sound like anyone that could not make their mortgage payment was reckless and never should have been given a mortgage.
I know that many people out there mortgaged their homes and made crazy purchases and have lost them.
We have a 15-year loan in our home that we have less than five years left to pay off, but now our income is barely enough to make that payment because of Obama rules that our bank cannot roll our note into a 30-year loan, which would reduce our payment by 50%.
Living hand in mouth was not in the plans.
For my husband's 65th birthday, because of our government, we have lost our retirement savings.
And at age 65, we're starting over.
Colonel Sanders could do it, so I guess we can too.
Not everyone having trouble making their mortgage payment is reckless and living above their means.
Now, Michelle, and to any of you who were listening yesterday and heard my comments on this, rest assured, I'm not talking about you.
I was talking about the subprime mortgage business, and I was talking about people who had no business having money lent to them.
This the the subprime mortgage mess is why.
That's the foundation of this of this debacle, this financial debacle.
That's the sole reason for well, not the sole reason, but I mean it's well over half of it.
And it was all based on liberalism.
It was all based on this notion that it's not fair that somebody should be able to buy a house and other people can't.
And so we're gonna make it right.
We're gonna make sure the people that can't afford a house are gonna live in one.
And we're gonna l we're gonna loan them money that essentially they'll never have to pay back.
And those mortgages are going to become worthless.
But that's okay.
We will use Fannie Mae and Freddie Mack to guarantee them.
And Fannie Mae and Freddie Mack are now in hockey you can't believe, and they're the only two organizations that have been exempted from financial regulatory reform.
And the people at work at Fannie Mae at the upper echelons of the executive suites, Freddie Mack as well, got sweet mortgage deals from countrywide from Angelo Mozillo, the same way as Chris Dodd did and a bunch of other politicians.
So the game was rigged in favor of the ruling class.
The first subprime mortgage loan, I think it was made in 1991 and 1993.
And it was it was purely, it was a silly social.
And of course, the banks were forced.
We've mentioned this countless times.
Janet Reno was telling banks, if you don't make these loans, we're gonna come investigate you like you can't believe.
Well, the people that run these banks are essentially cowards.
As most people are when the government comes knocking on your door.
Most people are regulated one way or another by the government.
Banks, too.
So here comes Bill Clinton or Jimmy Carter or their emissaries, Chris Dodd, Barney Frank knocking on a door.
Acorn at the front gate, a bunch of ragtag advocates for the poor threatening to burn down your bank.
All these people show up and demand that you essentially give money away.
Okay, so you're a bank, I gotta do this.
Well, I'm I have a responsibility here to people that work here.
I got a responsibility to the shareholders of the bank.
I mean, I just can't give the business away.
What am I gonna do?
So they went about creating a bunch of ways to make something valueless have value.
Collateralized debt Obligations.
You've heard of all these new uh financial products that were created, which were basically insurance programs.
They would package mortgages together and sell them to unsuspecting people, and they would think that these are people pay these loans back, monthly payments roll in.
Nobody was paying the loans back.
It was because nobody had that was lent the money had the money to pay them back.
Some people that were not even asked their income.
This was this was all because of the pressure that people like the uh Reverend O'Dack and others had brought to bear.
You might remember the term redlining.
It was unfair.
Redlining was racist.
It was a white rich bankers deciding that black people, just because they're black, we're not going to get loans.
And it wasn't because of that at all.
It was because they didn't have the money to pay it back, and it wasn't just black people.
But they made it racist, and so nobody wants to be called a racist.
So bamboo.
They started giving the money away from the bank.
And all was hunky-dory.
They selling these uh these these rigged financial products to give themselves insurance, try to give value-less papers some value, and everything was fine as long as the value of homes kept rising.
But when that stopped, when the bubble burst, shazam, everything went to hell fast.
And that's what is the foundation of the economic crisis that we're in.
And the very people who caused it are giving themselves standing ovations for creating a financial regulatory reform, but the very people that caused it, and the very people that investigated what went wrong.
Except they didn't investigate themselves naturally.
So here we are.
So my rent yesterday was not about people who are still paying the mortgage, or who are barely able to pay the mortgage.
I'm not talking about people who took out a loan and never intended to pay it back.
I was talking about politicians yesterday.
And Obama, when he talks about this, he talks about the very people I'm talking about as having been tricked by bankers into taking mortgages that the bankers knew they'd never be able to pay back.
Because, folks, there's nothing free.
And at some point, I don't care what kind of insurance policies these bank and financial people write themselves.
If you are in a house for which you can't make a payment, at some point you're not going to be in that house.
Somebody's going to pay for it.
And if it isn't you, somebody who is paying for it is either going to own it and kick you out or live in it themselves.
Pure and simple.
Well, the good old Democrat Party tried to convince everybody that you can have a house for free.
It's called affordable housing.
And vote for us, because we're the ones that put you in that house.
And now look where we are.
Look at market forces and say markets are unfair.
Markets are prejudiced, markets are biased.
And they're not.
Markets are essentially fair.
Left alone, uh, they take care of themselves.
Just like any other activity, you're going to have bad actors in them.
You have regulations to take care of them.
But this whole thing was used to trash and destroy the whole financial system and definition of this country, capitalism.
It was almost as though this was done on purpose.
C, C, capitalism doesn't work.
C, it leaves out the people at the bottom.
It hurts the people at the bottom.
Capitalism has no compassion, doesn't care about people.
Well, this was not capitalism that failed.
This was liberalism that failed.
Pure unadulterated central planning socialism that failed.
The subprime mortgage crisis was not capitalism.
And yet capitalism is what's being tarred and feathered.
Left alone, markets are more fair and more blind than justice is.
But people just can't leave them alone.
So I was not, Michelle, I wasn't talking about you and your husband and so forth.
I was talking about people who had no business being lent the money in the first place.
Sorry you misunderstood.
We'll be right back.
Don't go away.
To illustrate my point even further, subprime mortgages accounted for about 9% of all mortgage originations from 1996 through 2004.
But that 9% became 21% from 2004 to 2006.
21% of all mortgages were subprime.
21% of all mortgages were essentially money given away to people because they were loans made to people that everybody knew going in would have been.
would never pay them back.
And that 21% of the mortgage market being subprime equaled about $600 billion in 2006, which was at the time one-fifth of the U.S. home loan market.
And just to prove it, there is no winning with some people.
Here's Obama.
He says, you know, the people like the couple I met in Las Vegas are tricked into buying a house they couldn't afford and are at risk of phasing a foreclosure, but it's just an out and out lie.
They weren't tricked.
They were they they were they were pawns.
It was the banks who were forced into making loans to people.
And even after all of that, the NAALCP turned around and sued 12 mortgage lenders for tricking blacks into subprime loans.
And there was no trickery going on.
That was March 13th of 2009.
The EPNAACP says bank giants steered blacks to ban loans.
I mean, we this was such.
You want to talk about a conspiracy?
This is exactly what it was.
It was a giant conspiracy, and all of these uh uh instrumental or elementary parts of the left were in on the game from the get-go.
Follow the money.
What snerdly, what is it in there that you want to ask the program host about?
Nothing.
Fine and dandy.
To the phones we go.
This is Bob in uh in Lord, Ohio.
Bob, you're first.
It's great to have you on the Rush Limbaugh program.
Hello.
Brother Limbaugh, megadiddos.
I'm sitting on the front porch smoking a Hoya de Monterey Excalibur natural wrapper, of course.
Way to go, sir.
Way to go.
Let me tell you tomorrow's news today, Rush.
Americans don't want electric cars.
It's some pink panty wasting brief set politician in Washington's wet dream.
Just what I want.
A car I got a plug in that has batteries that are that are totally uh uh uh uh against everything that these people stand for as far as as far as uh uh the atmosphere, as far as the you know, uh the the ability to to recycle this particular kind of product, and on top of that, it's gonna cost me 40,000.
You're a pretty smart guy.
You tell me how much gasoline can I buy for 40K?
A lot, yes?
Exactly.
And I'll tell you something.
Out here in Lordstown, we build gasoline-powered vehicles.
General Motors gasoline-powered vehicles.
That's what the American people want, Brother Limbaugh.
They don't want electricity.
Exactly, because that's what they're buying when they have the money to buy them.
Not only is all of that correct, $41,000 for a vote, but they know you'll never pay that, so there's a $7,500 come on, a credit.
And if you buy it, it'll actually cost you less, $7,500 less than $41,000.
Then, then you go plug in the baby.
For 40 miles round trip.
A 40-mile round trip on a charge that takes three to four hours.
How long does it take you to drive 20 miles?
Where are the charge stations?
The charge station is going to be your home, right?
Now, what happens to your electric bill?
You have just gone out and you forked over 41,000 for an electric car that gets 40 miles to the charge.
And with a backup gas reservoir to give you 375 miles to the tank.
And that's the backup.
The primary is 40 miles to the charge.
And you plug it in in your garage, you wait till you see your electric bill.
And all of this, this is what Bob's talking about.
All this is supposed to reduce a carbon footprint.
You are expanding your carbon footprint.
And all the while Obama has promised to put the coal industry out of business.
So where are we going to get the electricity to charge these things?
Rush, didn't you feel guilty Not taking have you turned down the General Motors advertising.
No, I really didn't because I was turning down an advertising contract from Obama.
It was not really hard to do, folks.
I couldn't come here, good conscience, and start blabbing about Obama manufactured cars.
Just like I wouldn't become an endorser for Obama health care.
And I'm not a sellout.
Let other people do it.
An executive for Obama Motors said the vault is a game changing product.
The iPhone was a game-changing product, and it didn't need a tax credit.
Game-changing products do not need tax credits, folks.
No way.
Email says, What kind of anchor man are you?
Not carrying the water for Obama and Obama Motors.
▲
Export Selection