Welcome to today's edition of the Rush 24-7 podcast.
Everybody knows what day this is, and everybody knows what happens on this day, and everybody knows who I am.
What you may not know is that the White House press secretary, a sock puppet for the president of the United States, Robert Gibbs swerved into Rush Limbaugh and the mighty EIB network yesterday afternoon, and Gibbs ended up total.
Live from the Southern Command in sunny South Florida.
It's open line Friday.
You would think these people would learn.
You would think that they would figure it out.
Gibbs launched into me.
You know, folks, I don't like talking about myself.
You you're well aware of this.
I find it with this regime next to impossible.
They're always out attacking me.
And Gibbs did yesterday on my remarks about the Obama vote.
It's just stunning to watch these people continue to swim.
He's totaled.
He totaled the BAM regime, swerving into me yesterday.
Great to have you here.
Open line Friday.
Whatever you want to talk about for the most part is permissible today on the phones 800-282-288-2 is the number.
And the email address, L Rushball at EIBNet.com.
Before we get to Gibbs, because I really don't want to start out talking about me.
I really don't.
I'm not gonna let these people distract me.
You've got to hear this first.
On the floor, sound by 13 and 14, on the floor of the House last night, there's this big giant first responders bill that the Democrats have been waffling on for three and a half years.
Or two years, or three and a half years, whatever it is.
And they're trying to piggyback an immigration reform uh uh amendment, I think something to do with immigration to a first responders bill because they're figuring nobody's gonna oppose a first responders bill.
Um this is in response, of course, 9-11.
Nobody is gonna stand in the way of additional money for the first responders.
Why we love the first responders, and they shut the Republican Party uh out of offering any amendments on this thing.
They shut the Republican Party out, and the Republicans are being blamed here for the vote going down in flames.
But the fact is it's the Democrats that couldn't come up with enough votes to pass this because the Republicans cannot stop them in the House.
Anthony Wiener, you gotta wonder how married life's going for the guy.
He married Huma Abedon, who was uh Hillary Clinton's uh uh the body, whatever body show always around Hillary, wherever Hillary is.
Whoma Abaddon, I think is her name.
Uh Wiener lost it.
It went absolutely nuts on the floor of the House.
We'll set it up with Peter King from New York, ripped the Democrats about bringing up the 9-11 bill on a suspension vote.
This last night on the House floor.
The reason H.R. 847 is not being bought up under regular order is that the majority party is petrified of having its members face a potential vote on illegal immigration.
But the reality is you could pass this bill.
This bill should be more important than a campaign talking point.
You could have passed it any time during the past three and a half years, but you want political cover.
Thank God for our country that the first responders of 9-11 didn't look for cover before they did what they had to do and lived up to their oath.
Oh man, and Anthony Wiener lost it.
They know that their majority is slipping away.
They are crapping up, cracking up.
That was a faux pas.
That's a Freudian slip.
I did not mean to say that.
I apologize to take it back.
I did not mean to say he's crapping up, I meant to say cracking up.
No big eff and deal, but I just want to want to make sure that people know I did not say it on person.
So here Wiener is screaming mad.
They've gotten everything they want, and they're still miserable, but that's not the real story of this.
Listen to Weiner.
You vote in favor of something you've believed it's the right thing.
If you believe it's the wrong thing, you vote no.
I will not yield to the gentleman, and the gentleman will observe regular order.
If he gets up and yells on it if he's going to intimidate people into believing he's right, he is wrong.
The gentleman is wrong.
The gentleman is providing cover for his colleagues rather than doing the right thing.
It's Republicans wrapping their arms around Republicans rather than doing the right thing on behalf of the heroes.
It is a shame.
A shame.
If you believe this is a bad idea to provide health care, then vote no.
But don't give me the cowardly view that, oh, if it was a different procedure, the gentleman will observe regular order and sit down.
I will not.
The gentleman will sit.
Anthony Wiener doing his best Barney Frank impersonation.
Now, the real story of this is here he's having a cow over the Republicans not voting for his bill to help 9-11 responders.
But the story is the Democrats had enough defectors that they needed Republican votes.
They can't pass anything.
Republicans can't stop anything, I should say.
They don't have the votes to stop anything in the House.
Anthony Wiener and his sponsors could not get enough Democrats to go for this in order to get the thing passed.
It really doesn't matter what it is, folks.
The point here is the crack up.
The point here is they know that they're going to lose their majority.
They and their own party deserting them in droves.
This has to do with immigration.
A bunch of Democrats again read the tea leaves and they don't want to go on the record here with an immigration.
See, the the the uh the the thought the Democrats thought was that they're gonna attack on something Republicans dead set up against on illegal immigration to what something everybody is for, and that's health care for the first response.
So it's a trick.
And they figured uh Republicans wouldn't have the guts to vote against it.
Well, the fact of the matter is a bunch of Democrats defected on this, and Wiener is out there ripping into the Republicans for having the thing fail.
It's just it's hilarious.
I love this.
They are cracking, they're not happy no matter what they get, they're not happy, they are miserable.
And it's just you talk about uh remember the culture corruption, Nancy Pelosi.
It's amazing to me how little well, it actually it's not amazing.
I overuse that.
It's amazing how um how infrequently here the partisan political operatives disguised as media, how little they talk about the culture of corruption on Capitol Hill.
That's a phrase fed them by Pelosi and company a few years back, take the house back when Mark Foley got involved with the pages, and all there was was emails, by the way, didn't really get involved with the pages and George Allen with Makaka and all that.
And now you have a truly big figure the chairman of the House Ways and Means Committee, a guy that's been there for 40 years, and they talk about he's so well liked.
Wrangell is gonna, he's saying that the uh ethics gonna sue them for violating his constitutional rights for not giving him enough time.
The investigation's only gone on two and a half years, but he hasn't been given enough time.
But here you have a truly large seminal figure who is a crook for rent control apartments, all these shady real estate.
He has not earned the kind of money that he has spent buying all these things, renting all these things that he has.
Simply cannot do it on what he's been paid as a as a member of Congress.
Pelosi protected him for a long time, and even now she can't bring herself to condemn what are serial violations of the law and ethics, rules.
So there's no defense of Mark Foley.
This is and and here comes the media now trying to pave the way for Wrangle.
There's no culture corruption now.
Um what did uh Pelosi say?
We're gonna drain the swamp.
Ha!
That uh drain the swamp.
Ha!
Didn't drain the swamp.
All they did was restock it with a bunch of alligators.
The swamp has got even more pollutant.
Now we got Obama.
We got Obama as the CEO of Obama Motors is gonna go in and drive the uh the Obama vault today.
He's gonna go speak at Chrysler.
And it's folks, it's just it's amazing.
I live rent-free in their heads.
Let's go ahead.
I'm gonna play you the Gibbs sound bites from yesterday afternoon a White House press briefing.
And after I play it at Gibbs sound bites, we're gonna take our first obscene profit break of the day.
I'm gonna come back and analyze this, and I'll show you And demonstrate why what Gibbs did yesterday was the equivalent of swerving into me in the EIB network and totaling, if not the administration, at least the press briefing.
Yesterday afternoon, a reporter said, What do you say, Robert, or any of you?
To the folks who at the beginning a year and a half ago were deriding this effort, taking over GM, calling it socialism, calling it a government takeover.
You had Rush Limbaugh today talking Obama motors again.
Is essentially the message here, sort of, we told you so, we got the vote out there.
Is everybody all happy?
What do you what do you what's your message?
Rush Limbaugh and others wanted to walk away.
Rush Limbaugh and others saw a million people that worked at these factories that worked at these part suppliers that supported communities and thought we should all just walk away.
The president didn't think that walking away from a million jobs in these communities made a lot of economic sense.
We've got auto companies that for the first time since 2004 all showed an operating profit in the first quarter of this year.
It's adding jobs.
A million people leaving their job would have had a multiplying economic effect.
That's a million more people that would have been on unemployment benefits.
Now, as I said, I'm gonna analyze this when we get back.
There's another bite to this, but nobody wanted a million jobs lost.
And how much did it cost for them to create these 55,000 jobs?
Well, this bailout was.
And what if we what we got $668 billion and we have 55,000 jobs?
And all this was was the unions and bailout of the unions.
Pure and simple.
So here's the second part of Gibbs launching into me.
Your beloved host, L. Rushbow.
I'll let those that sat in the cheap seats a year and a half ago and wanted to walk away from a million.
Explain to every one of those workers why they made that decision, whether they thought the decision they made 16 or 18 months ago different than that of the President of the United States, whether they still stand by it.
You should ask Mr. Limbaugh, I don't know what kind of car he drives, but I bet it's not an F-150.
Now everybody on the blog is here trying to figure out what does he mean by that?
That that uh the the these that I don't drive a competitor's car.
What does he mean by drive an F-15?
I mean, I'm not gonna be distracted by that.
But we are gonna analyze this because all of this, all of this is the result of my comments on the Volt on the Chevy Vault.
That's what's got them in a tizzy fit.
Brief timeout.
We've only just begun.
Carpenters, 1969.
Don't go away.
So Robert Gibbs says Rush Limbaugh and others wanted to walk away.
We didn't want to walk away.
In fact, I was uh spokesman for General Motors at the time.
Obama took over the company.
You all remember they were giving us cars every month, different kind of cars, different General Motors products to car to drive, and we were driving them around and recommending them, and they they were great.
And they were they were fine and dandy.
We were doing what we could, along with people at General Motors to save the company.
What nobody really points out is why was General Motors, why was Chrysler, why were all these companies in trouble?
One of the reasons was all of these mandated cafe standards, all of these regulations.
The uh domestic automobile manufacturers have been forced to design and make cars that fewer and fewer people wanted because the environmentalist wackos had taken control of the regulatory agencies at the federal government.
And now, what does Gibbs do to go out and defend the administration's car companies?
They have to come out and attack me.
They do not tout the company, they do not tout the product.
They come out and rip me.
They attack a critic.
The substance of my claim was never addressed.
It never is with these people.
I mean, they never do address the substance.
But they couldn't beat us in the arena of ideas on a debate on any of the issues.
How do they defend their product with a 7500 tax credit credit?
Now there's there's no need to defend a product on the open market if you really believe in it.
But if you have to go out and give it if discounted 7500, then obviously you know people don't want it.
And you're trying to incentivize them to buy on something other than the fact they like the car.
Rush Limbaugh and others wanted to walk away.
Rush Limbaugh and others saw a million people that worked at these factories that worked at these part suppliers that had that supported.
No, we were in favor of the people who had invested the bondholders got screwed in the deal with Chrysler.
The only people saved here were the United Auto Workers and their health care and their pensions.
What did it cost bailing out all these things to save these so-called jobs?
Nobody wanted a million people lose their jobs.
What we wanted was a free market.
What anybody wants is people who love automobiles to be able to design and produce the kind of cars they love because they won't people will want them.
Reorganize the company and come out and do it the right way instead of having a bunch of people who've done nothing but agitate people on street corners in Chicago run the company.
And now here you've got the CEO, the real CEO up there at Chrysler today.
He's in Detroit, going to go to GM.
He's going to get in the vault and he's going to drive it around.
I watch a little bit of it during the break here, and he's really happy.
He's with his buds.
He's with his Union buds and his Democrats, and he's at his car company.
The dirty little secret here is that Ford is uh reporting rate profits.
They took no bailout money, they opted out of it.
What Gibbs said yesterday really has nothing to do with an electric car.
He said, We we have auto companies for the first time since 2004, all showed an operating profit in the first quarter of this year.
Adding jobs.
And the money this administration invested, about 60 billion.
We believe we're on the path to recouping all of that.
What wasn't there a story that the GM announced that they've repaid a lot of the loans, and it turned out later they hadn't repaid anything.
This was just money being a shuffle.
Look, I I am not uh comfortable here ripping into uh the good people at General Motors.
They have no say so in this.
They've been taken over by the federal government.
They've got people running their car company from Washington who really don't know much about it.
They're doing the best they can.
I understand this.
But this electric car business, you really this has been a 100-year dream.
When the first electric car was proposed sometime in the early 20th century.
And it's it's been one of these pet projects of the American left forever, and yet it's never really come to uh great fruition.
And I I look at I hate to pile on, but there's a story in the New York Times today by Edward Niedermeyer.
He's the editor of the website, The Truth About Cars.
And the headline here is GM's Electric Lemon.
Now, one of the quotes in his, but this is the New York Times.
So I assume that Gibbs is going to go after this guy when he figures out what he said.
In short, the vault appears to be exactly the kind of green at all costs car that some opponents of the bailout feared the government might order General Motors to build.
Folks, we have forgotten.
Remember these shamed auto executives driving into Washington, shamed into not flying their jets.
Tarred and feathered and ridiculed from coast to coast by this administration, featuring a leader who's the most unqualified, inexperienced man in any room he walks into.
Telling these people, along with Barney Frank and the rest of the Democrats, you don't get to fly here to our Inquisition on your jet.
You got to drive here.
And then they drove in and they had their inquisition, they had their meetings, and Obama fires a CEO.
And they bring in a prototype of the vault, and they drove it for a couple of miles, or a couple of maybe half a block, with a couple congressmen in it.
It was just pathetic.
Seeing all of this, all of this giants of the auto industry groveling to a bunch of people who haven't the slightest idea about a car, except maybe how to start one.
Mr. Nedermeyer, the New York Times, quantifying just how much taxpayer money will have been wasted on the hastily developed vault is not an easy feat.
Start with the $50 billion bailout, which actually is $60 billion.
$60 billion bailout.
Add $240 million in energy department grants doled out to General Motors last summer.
150 million dollars in federal money to the Vault's Korean battery supplier, up to one and a half billion dollars in tax breaks for purchasers and other consumer incentives, and some significant portion of the $14 billion loan GM got in 2008 for retooling its plants, and you've got some idea of how much taxpayer cash is built into every vault and why it's going to cost 41,000.
In the end, making the bailout work is the only good reason for buying a vault.
This is the New York Times, making the bailout work and making Obama look good.
Not making General Motors look good, making Obama look good, making his takeover look good.
It's a car the market does not demand, is not demanding whatsoever.
This is Obama telling everybody else what they ought to be driving, how we ought to be looking at things.
When he gets in a limo that's powered by a battery, then I'll think about it.
When he gets in an airplane, Air Force One, it's powered by a battery, then I'll look at it.
Back in just a second.
Look, everybody's trying to tell me what Gibbs meant with his uh Bet Rush Limbaugh died and doesn't buy a Ford or doesn't buy an F-150, which is a truck.
By the way, we've um those two guys that wrote the uh the book, The Millionaire Next Door that we touted way back in the 90s.
That the most popular car among the millionaires next door to these guys surveyed was the Ford F-150 pickup truck.
Uh now, a lot of people think that what Gibbs was talking about was Rush Limbaugh.
I bet he bet he drives GM products.
I mean, he's ripping us, but I bet you he buys GM.
I bet he doesn't have a Ford.
That's what a lot of people think.
I bet he didn't have a Ford, because people are assuming it's certainly he knows that the F 150 is a Ford.
Certainly knows that.
But then that's a big leap.
Or maybe he said, well, Rush Limbaugh wouldn't catch him in a pickup truck.
I don't know.
I have owned a Ford Explorer.
I have owned, I do own three General Motors SUVs that escalate and two suburbans.
I've actually maybe three suburbans.
I've I've lost count.
I'm just garage, this is Yeah, it's three.
Got to count the ones in the garages.
Forget.
Now, um, and I want to I want to stress here at the outset that my criticism here that got Gibbs all upset that caused him to total when he swerved into me, and my comments on all this have nothing to do with the good people at General Motors.
Christ are gonna take that out.
They're I mean, they're they've got obstacles in their way just like everybody else does.
And the more the government, the more this regime's involved in your business, the more obstacles you have to deal with.
We had a command and control dictator, authoritarian type regime, manufacturing, dictating that cars be made that nobody wants.
Go rent the movie if you haven't done so on my suggestion yet, lives of others.
It's a foreign language film that won the foreign language Oscar a couple three years ago.
It's about the the Stasi, the secret police in East Germany back during the uh Cold War days.
Go go go get it this weekend and look at it, watch it.
It'll it'll it's it's scary as hell.
It's eye-opening as hell.
It is a uh Mr. Buckley, William Buckley saw it.
That was the most important, there's that word again, movie.
He had uh he'd ever seen.
Now, if you want to buy a vault, by all means, if you want to go out there and get a $7,500 tax credit, if you want to buy a buy all, you know, me, I'm big on freedom.
I love it.
You want to buy a vault, you go right ahead.
I am not trying to discourage sales of the product.
I'm not trying to be harmful at all except to this administration.
I am trying to expose this administration for what it is and who they are.
Now Obama's out there touting all these jobs created.
How about all the jobs he destroyed with his indiscriminate or wrong word, with his purposeful shutting down of dealerships?
Have we forgotten this?
You want to talk about jobs?
Yeah, he propped up a bunch of union jobs because he owed them.
He propped up union health care and pension plans with the bailout.
Then he got his fingers in there and demanded they finally bring this electric car to market.
He put people in charge of it that had never been in the auto business before.
Steve Forbes has a piece today about, you know, Obama's out there claiming credit for all this, but really, Steve Forbes is writing in Politico, by the way.
Steve Forbes says the real heroes at General Motors are the free market capitalists who are making the company go in spite of the obstacles put in front of them by this guy and his regime.
And I applaud that.
Rad on Radon Radho.
Now, he's also out there talking about cash for clunkers.
He's praising cash for clunkers.
Everybody knows that that was a disaster.
That didn't generate any new sales.
All it did was shift sales into a quarter earlier than the sales would have taken place.
Now this guy's out there touting success.
And the only way and the only opportunity, the only times he sees success is when the government is involved giving a tax credit or a discount.
This guy cannot go out and tout the quality of his cars.
And he's not touting the quality of his cars.
He's not touting the quality of his products.
And yes, it's his company.
He intended to take it over.
He intended to take over the financial business.
He intends to take over as much as he can.
This guy has the audacity to go to Detroit and talk about 55,000 jobs created.
How about the jobs destroyed right now in the Gulf of Mexico with his drilling moratorium?
How about the jobs destroyed in Alaska right now?
How about eight million jobs lost since this guy assumed office?
What job creation?
The audacity to run around and talk about jobs, and then the audacity to talk about jobs saved.
Nobody's ever touted jobs saved, because there's no such thing.
Fifty-five thousand jobs created, sixty billion dollar bailout.
Can I go through again what this has cost?
$60 billion bailout, $240 million in energy department grants, doled out to General Motors last summer, $150 million in federal money to the Korean battery supplier, one and a half billion dollars in tax breaks for you who buy it a car, and some significant portion of the $14 billion loan that GM got in 2008 for retooling its plants.
If you add all that together, you get some idea of how much you have already spent to build every one of these cars.
And the whole point of this is making the bailout work.
The whole point of this is so Obama can claim credit.
The whole point of this is creating an illusion that the government saved something that capitalism broke.
The government saved something that the evil mean American capitalist system destroyed.
That's the message.
That's why I go to Detroit today.
That's why I talk about General Motors and Chrysler.
Look what we did.
Capitalism destroyed these companies.
They were evil, they were ripping people off, they weren't treating their union employees well.
No, no, no.
They were saddled with all kinds of cafe mileage standards, regulations.
They were forced into making a car because the environmentalist wacko movement had taken control of the Department of Energy and all the regulatory agencies.
Let me read to you something else here from the New York Times.
Edward Niedermeyer, GM's electric lemon.
And this is why Gibbs has to run out and swerve into me rather than deal with the specific criticism I offered about the vault.
See, good intentions are wonderful, but we don't award them with anything here.
We look at results.
We in the we and the we in the country class are merit-based.
We have always believed that you advance by accomplishing things.
Effort's a wonderful thing, having great intentions is a wonderful thing, but if you end up destroying what you're trying to fix, why in the hell should you get an award for anything?
After billions of dollars of government loans and grants for the development of the electric car at Chevrolet, instead of a sleek coupe that was originally designed to be, it looks suspiciously similar to a Prius.
I'm reading from the New York Times here.
It also requires premium gasoline.
Did you know this?
No, no.
The back up engine requires premium gasoline.
The primary power plant, the battery, they claim gets 40 miles to a charge, which means you've got 20 miles to go someplace and get home.
The backup gets you 340 miles using premium gasoline.
Now, something's askew here.
Shouldn't whatever gets you 40 miles to the charge be the backup?
Like I asked you a couple days ago, how much you people look at your cars?
How many of you know what range you get out of a full tank?
I guarantee you, not very many of you are getting 340 miles out of a tank.
Not many.
I'm sure some of you are, depending on what you're driving.
Okay, so it uses premium gasoline.
It seats four people.
The Volt seats four people because the battery runs down the center of the car where the drivetrain is.
So you can't have a bench seat in the back.
So you got you've got four seats.
It has less head and leg room than the $17,000 Chevrolet Cruz, which is the non-electric version of the car.
As Mr. Edward Niedermeyer writes, the Volt appears to be exactly the kind of green at all costs car that some opponents of the bailout feared the government might order GM to build.
Who would that be?
Who would these opponents be?
You know, this night didn't start with Obama.
Starts with Al Gore.
He had the first electric car idea.
Well, President Obama's task force reported in 2009 that the vault will likely be too expensive.
This is this is from GM.
I'm sorry, Obama's task force.
Obama's task force, the vault will likely be too expensive to be commercially successful in the short term.
So another band task force, making something nobody wants, and even the defenders in the fake media.
I'm reading some of this, uh some of the some of the critics of me out there in the uh partisan political operative media.
Well, I guess Mr. Limbaugh was opposed to the internet because it wasn't fast enough at first.
I guess he was opposed to getting in the uh buying products and no, no, you people uh fail to understand.
You do not make any effort to understand.
This is not a criticism of General Motors, and it is not a criticism of the Vault.
We in the country class of this great nation are aghast.
We are apoplectic over the fact that a bunch of know-nothings, a bunch of people who have a chip on their shoulder about this company, are now running some of the greatest industries that define this country's greatness, and they don't know diddly squat, and they're turning these great industries into nothing more than uh arms of their political agenda.
The Chevrolet Volt is a political statement.
When President Obama is driving around in a limousine that has every protection and has the same weight that his current gasoline-powered limousine had.
When it's powered by a battery, then I'll think about it.
When Air Force One is powered by solar panels or windmills, or self-generating propellers, or whatever the hell else the Wizards of Smart have on the design table, then I'll think about getting on one.
But putting four seats on top of a lawnmower that runs on premium gasoline as a backup is not innovation.
It is classic liberal screw up ism, incompetence and danger.
And back we are anymore.
I want to stress again.
My comments here have nothing to do with General Motors.
The people at work there, the design staff, because they're not running it.
And I am not trying to talk anybody out of buying a General Motors car.
I am trying to get people to throw Democrats out of office because they're screwing everything up.
And they pose a great threat and danger to this country.
And the no, I'm not, I don't want General Motors to fail, but I don't I don't know what chances they've got.
Look who's running them.
They have a failure running them.
I do not want General Motors to fail, but a failure is in charge of them.
A guy doesn't know what the hell he's doing, is in charge of General Motors, taking credit for things that are that are not.
Let me read to you from his book.
The Audacity of Hope, page 100 for year.
This is Obama.
For years.
U.S. automakers and the UAW have resisted higher fuel efficiency standards because root retooling costs money.
And Detroit's already struggling under huge retiree health care costs and stiff competition.
So during my first year in the Senate, I proposed legislation I called health care for hybrids.
The bill makes a deal with U.S. automakers in exchange for federal financial assistance in meeting the health care costs of retired workers.
The big three would reinvest these savings into developing more fuel efficient cars.
So he's holding them hostage.
So they're not in charge of designing cars.
Now we've got to design cars to pay the health care benefits because the U.S. Senator's holding them hostage.
Now the president of the regime is in charge of them.
No, I don't want General Motors to fail.
I want them to I don't want anything in America to fail except the guy running the country.
But it's I warned you people about this.
I warned you.
Let's go back September 17, 2008.
September 7th, before the election.
I told you what the election coming up, what this election, the future was all about.
We have automobile and aviation companies on the verge of bankruptcy or government ownership due to legislation and regulation and oil prices that could be half what they are if Congress got out of the way.
We are playing for keeps, folks.
This is not just another election.
Events have brought us to where the government has become so invested in the affairs of the private sector that the next president will determine if the private sector or the public sector is going to be calling the shots.
And Barack Obama is one of the people who could be making those decisions.
Their enemies list is the private sector of this country where you work.
Their enemy, all of their enemies, are your employers.
You have it.
You can see side by side, A-B comparison.
Government runs mortgages.
What happens?
Government gets in charge and runs health care.
What happens?
Government gets in charge, fixes poverty, great society, What happens?
Affirmative action, feminism.
You talk about creating a meaner America.
It's liberal policies that pit groups of Americans against one another.
on purpose.
There needs to be a cleansing of this process at some point, folks.
Either we take control of events and address them now, or events will take control with disastrous consequences If not for us, surely the next generation or two.
And all those people making these decisions today, the members of Congress and all that, will be long gone, but your kids and grandkids will not.
That was the warning bell, the clarion call, what the election of 2008 represented.
A government takeover of industry.
And a simple exercise.
Take a look at everything they run.
And ask yourself, what is its condition?
Back in June of 2009, Obama picked Edward Whitaker to run General Motors.
The Bloomberg headline was Whitaker vows to learn about cars as chairman of the new GM board.
He said, I don't know anything about cars, said Ed Whitaker, 67 at an interview after his appointment.
I'm going to go in here to learn about cars.
No, he was going to Go in there and do Obama's bidding.
We'll be back.
I do not want General Motors to fail.
That's why all this distresses me.
Back in a second.
This is why I worry about General Motors and Chrysler and everything else Obama's touching.
There is no industry can survive.
Forever.
It can't survive, period, with endless and massive subsidies paid for by the taxpayers in a broader environment where the same taxpayers are losing their jobs and their homes and their savings.
Folks, it's impossible.
Taxpayers who are not working cannot subsidize and save.