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Aug. 10, 2010 - Rush Limbaugh Program
36:38
August 10, 2010, Tuesday, Hour #3
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Time Text
Yeah, I'm just looking here at the audio sumbite roster where I want to start up in this hour.
Why don't you grab 13 and we might go in order from there?
Uh greetings and welcome back, Rush Limbaugh.
Great to have you, folks.
Telephone numbers 800-282-2882, and the email address is L Rushbo at EIBNet.com and I just signed off on it all.
So tomorrow our Facebook page will debut with some select photos from uh the wedding of the year.
Mine.
That took place on June the fifth of this year.
Uh what's that?
Well, I don't know if it's possible to crash Facebook.
Uh, but we might.
Uh people have said why why are you putting it on Facebook?
Well, because we haven't been on Facebook, folks, for a number of reasons.
Uh, chief among them.
Uh we had to wait until Facebook had progressed uh sufficiently to the point that it was worth our while.
And we think they've gotten there now.
So uh as such, we're gonna be at a special contest.
Uh uh, not a con well, yeah, it's a sweepstakes.
They're gonna be giving away some prizes as we debut the Facebook page tomorrow.
Uh, and I'll I have more details tomorrow when the program starts, but uh just okay it signed off on all of the various aspects.
So look for that to mind.
I told you last week it'd be Tuesday and Wednesday of this week, and it's going to be tomorrow, so it's Wednesday of uh of this week.
Telephone number if you want to be on the program, 800 282-2882.
This from the Hill dot com.
President Obama's economic team is exhausted, according to the White House spokesman Robert Gibbs.
And that's one of the reasons why Christina Roomer announced her departure last Thursday.
Gibbs dismissed reports that Roemer was leaving because of conflicts with Larry Summers.
The press secretary told the Hill on Friday Romer and the rest of the economic team have worked the equivalent of six years during the 18 months they've been in office, and Romer just wanted to return to her normal life.
I don't think it's any accident.
She resigns the day before another batch of rotten economic news comes out, particularly unemployment news.
Gibbs said, these guys, these guys have probably packed a term and a half into a half a term.
Romer is the second member of the economic team to leave.
She follows Peter Orzog, the director of the Office of Management and Budget.
The early days of the administration alone were enough to wear the team down, he said, as they realized the depth of the recession.
I I I uh I don't buy this at all.
How much how much work does it really take to come up with three or four policies that essentially destroy the U.S. private sector?
How much work does that take?
It's very simple to do.
A lot of countries have been trying to destroy us for years.
And look in just a year and a half, a little over a year and a half.
Look at what's happened to jobs, look at what has happened to the creation of wealth, look at what has happened to economic activity, innovation, entrepreneurism, and all look what's happened to it in just a year and a half.
And even at that, with all of that, many of Obama's key supporters are depressed and unhappy.
They'll never be happy because no matter what they get, it's never enough.
But my gosh.
Folks, if we conservatives had done as much and gotten as much of our agenda advanced in a year and a half as these people have, we would be deliriously happy.
And we would be motivated and inspired, and the last thing we'd be thinking of doing is quitting.
We would be running even faster.
We would be hiring even more people.
We would be so up we would not be sleeping.
And now the economic team is exhausted.
This is a biggest crock.
How in the world can they be exhausted?
Rush, have you seen the hours they put?
Yeah, I know.
Obama shows up what at 9 30 in the morning?
Bush got there at 7.
Obama shows up at 9 30.
I I I I They're not doing anything.
Now, maybe let's be charitable.
Let's be charitable, and let's say there are some people being conned in this administration.
Or let's say there are some people who genuinely believe that what they're doing is what will grow an economy.
You know these people are idealists, and some of these leftists do believe that this kind of stuff is what creates panacea, nirvana, utopia.
And it has been suggested that one of the reasons there's so much anger and depression on the left is that now they've got everything they want.
They've got total control of the House and the Senate and the White House, and they're getting everything they want done to one degree or another, and it's not working.
There is no utopia.
There is not universal unity.
There's not overwhelming happiness and contentment.
The country is more divided than it's ever been.
Well, short of the Civil War.
I don't think exhaustion is the right word in this story or the headline.
Obama's economic team exhausted.
Obama's economic team is defeated.
Obama's economic team knows they have failed.
Whatever they believe, whatever their intentions, whatever their grand designs, it ain't working.
Folks, trust me on this.
I don't care how hard you're working, if it's working, and if you're having success, you stay at it.
You can't get enough of it.
I love it.
I want more of it.
These guys don't want any more of it because it isn't working.
In however, whatever their perspective.
But Russia, Rush, I thought you've said that Obama wants this.
Oh, he does.
I I have I have no doubt that Obama's happy about this result.
People still ask me, I get emails.
Why do you they just can't get their arms around that?
Why do you think that?
Because he's not doing anything to change it.
This isn't complicated, folks.
Government doesn't create wealth.
Government doesn't create anything.
All it does is redistribute wealth and destroy wealth.
We're seeing it happen right before our very eyes.
Your house, the value of your asset portfolio, whatever.
It's down from what it was when Obama took office.
Big time, and it's showing no improvement anywhere.
And now the markets are breathlessly awaiting Rolf or Ben Bernanke.
The Fed chairman's going to have an announcement this afternoon.
And everybody's wondering what he's gonna do.
And I'll tell you, well, I'll tell you what he's gonna do.
He's gonna keep printing money.
That's what he's gonna keep doing.
They're gonna try to flood the market with dollars and call that economic growth.
That's what they're gonna do.
What what a lot of people are hoping, and by the way, it's a pipe dream.
What they're hoping is that Bernanke will come out and suggest that the Bush tax cuts be extended.
That's what a lot of people are hoping.
This is an economy in disarray.
This is an economy that's tanking.
And those tax cuts that are gonna sunset and equal a bunch of tax increases starting next January.
Look at there's no recovery, Luke.
It's our productivity is down.
There is no recovery.
Everybody's worried now about a double dip recession.
We really haven't gotten out of the recession we were in.
They may want to make a technical argument that GDP has shown positive numbers for a number of quarters.
Fine than dandy.
You show me the real or imagined or psychological evidence that there's growth going on.
There just isn't.
So they're gonna they're gonna they're gonna choke off whatever is happening now with these tax increases that are gonna happen in January.
And I just submit to you that there's nobody in their right mind who would suggest this is going to grow anything but the government.
And government growth does not equal a growing thriving United States economy or country.
The government growing is the antithesis of that.
As the government grows and the private sector shrinks, then we've got big problems, and that is the trend.
So now we have this story, Obama's economic team is exhausted.
Why?
They didn't even have to come up with the idea.
Karl Marx did all the heavy lifting here.
There's no innovation in this theory.
It's all from the communist manifesto.
It's all from the socialists.
They haven't had to do anything but try to implement it.
What's so damn hard?
They haven't had to think of anything.
They haven't had to theorize.
What is I really seriously?
What's the hard work here?
What's the Council of Economic Advisors doing?
Are they sweating out the fact it's not getting any better?
Are they celebrating it's not getting any better?
Where is the hard work?
What is it they've done that's causing so much stress that they're now having to leave?
I mean, it's got to be exhausting all the time.
Recalibrating for the optics.
Like they have to do, conjuring up images, working the media, telling them how to spin disaster into prosperity.
If that's what they're doing, then maybe we could say they're working hard.
But they're not working hard on the economics.
They're just following the blueprint of Karl Marx.
He write back stay with us.
A lot of people, including I, El Rushbow, your host are talking about the Michelle or Moochell Obama vacation.
The real scandal today, though, is not the Muchel vacation.
The real scandal is the vacation that we are paying for for the unions with this $26 billion bailout that Congress has come back to Washington to deal with.
To me, it is inexcusable that a 25-year-old carpenter, plumber, electrician, baker, mechanic, accountant, or any other person working for a private sector company and their children, and their children's children now, should have to pay for the 20 to 30 year vacation retirement of a city, state, or federal employee, which is what this bill is about.
This bill is a payback to unions to keep their vacations, keep their pensions, their retirement, their health care.
Keep that intact.
While everybody else is losing theirs.
Their companies are going to offload their health care.
You're going to have to go to a state, the federal government to get medical insurance before all is said in done.
And that's all this latest $26 billion bailout amounts to guaranteeing Obama's public sector union constituents their 20-year vacations, which is another way of discussing their retirement pension.
That's what's being bailed out today.
A 20-year vacation or retirement pension for public sector union people.
Now I know that there are probably a lot of you in this audience who are upset with me.
When I have said that government doesn't make anything, that federal workers don't produce anything.
And I know you probably want to try to talk to me about how, oh yes, they do.
And how proud you are of what you do with the federal government.
I'm just going to say, government does not create wealth.
It redistributes wealth and mostly destroys it.
Government does not create wealth.
Whoever you are in the public sector, you don't have a thing until somebody is taxed.
That's how you get paid.
From the president on down.
A lot of people call it, certainly they're military people who are thinking the a lot of defense workers and that sort of thing.
One avowed purpose, constitutional purposes of the federal government is the defense and protection of the country.
And so no animus is aimed there as you any you you in this audience know full well of this program's devotion to the U.S. military, mine personally as well as all the people involved in the EIB network.
And there's no intent here to impugn.
We're talking philosophically about all of this.
No case can be made today for what's happening.
We still have unspent porculus money.
We don't have to print $26 billion we don't have.
We don't have to borrow $26 billion we don't have.
It's a payoff to the NEA.
This is a payoff to teachers.
This is a payoff to teachers' unions so that they don't lose their pensions.
Now who do you think pays school teachers?
Public school teachers.
Who pays them?
It's people who work every day in the private sector whose taxes pay for them.
But Rush, I work in a public sector and I pay tax.
I know you do.
Yeah, you pay income taxes too, but it is the taxes of private sector workers that pay your salary in the first place from which taxes then are deducted.
And as USA Today documents today in their own survey, the average compensation, including benefits, of a federal worker is $121,000 a year.
The average in the private sector, including benefits, is $60.
So the average government employee federal earns twice what the person paying him earns.
State and local public employees, $70,000 a year.
Average.
Private sector average $60,000 a year.
So the combined federal and state, city workers are being paid by private sector people, and there are fewer and fewer private sector people working.
And therefore there are fewer and fewer tax dollars being collected, and we're going into greater and greater and greater debt because of this, because government doesn't produce anything.
There's nothing tangible produced.
Some towns in California, public sector workers are making $800,000 a year.
Until the taxpayers found out about it.
In a little town called Bell, California, $800,000 a year for the mayor or the city manager or what have you.
Thank you.
Until the public found out about it.
And even when that happened, the people making the $800,000 a year tried to make excuses for it and to justify it.
Now I have here in my formerly nicotine-stained fingers a story from the LA Daily News.
Right here.
As promised earlier this week, Los Angeles City Controller Wendy Gruell on Friday posted the salaries of nearly all city workers by job category on the internet.
The move was prompted by public outrage over the exorbitant salaries paid to former city officials in Bell, where the city manager earned $787,000 a year, and a police chief made $457,000.
News of the high salaries has sparked a growing interest among taxpayers to see what their own city employees earn.
Wendy Gruel, the LA City controller said the public's trust has been broken as a result of the scandal in Bell.
This is an important step to provide greater transparency.
The list does not include workers at the Department of Water and Power or the Community Redevelopment Agency because Gruel does not issue those paychecks.
Those departments being urged to post their salaries on their own.
The Los Angeles County Council, Andrea Ordon, $295,000 a year.
The Sheriff, Lee Baca, $281,000 a year.
Fire Chief Michael Freeman, $281,000 a year.
John Clark, the Superior Court Executive Clerk, $276,000 a year in LA.
The Coroner, $276,912 a year.
The school superintendent, $247,149 a year.
Gail Farber, Public Works, $230,000 a year.
These are LA public employees.
They are making far more than people in the private sector who are paying them.
You can you could cut these salaries to average what people in the private sector make doing the same thing.
You wouldn't have to fire anybody.
You wouldn't have to get rid of any cops or firemen, teachers, or anybody else, and look at how much money you would save.
So the next time, and let's let's throw Bell back into this equation.
$787,000 for the city manager and $400 some odd thousand for the police chief in Bell, California.
The population is 30,000 people.
So the next time, folks, somebody brings up how expensive it is to keep somebody in prison.
And we're gonna have to let people out of prison because it's just too expensive to keep them in prison.
Remind them of the price of keeping bureaucrats on the job.
And keep this list in mind when you hear local governments claim that they have to fire teachers and firemen because they can't afford them.
Well, they can afford the coroner and a school superintendent at 276 grand and 200.
Rush, I thought you liked people making.
Oh, folks, I'm I'm not opposed to wealth whatsoever.
I'm not opposed to people earning getting paid what they earn.
But when the people paying you end up making one fourth what you make, it's unsustainable.
It can't be sustained.
It the math doesn't forget the morality, forget the propriety, the mathematics alone doesn't work out.
And welcome back.
It's Rush Limboy, and this is the Excellence in Broadcasting Network.
Now, as I just mentioned here, staying on the subject of public employee pay, be it federal, state, or local.
It's it's one thing here to uh to talk about the salaries.
But this $26 billion payout, this is for this is to pay their vacations, their retirement.
The thing is, most of these people are gonna earn between 70 and 90 percent of their salaries during their entire retirement.
Nobody does that.
We have a bunch of employees here at the EIB network.
We're not gonna pay them when they retire.
If they're not covered, it's up to them.
No, Snerdley, you are not covered.
You are not gonna be making 80 to 90 percent of what you make when you retire until you That's right, Snerdley doesn't expect.
There's not one person working at the EIB network who expects to make 70 to 80 to 90 percent of what their salary was after they quit, after they were quit working.
Until they die.
That's what this 26 billion dollars is for.
It's to fund the retirement pensions of teachers.
It's not about saving jobs.
It's about protecting Democrats' votes.
It's another slush fund.
So it's it's one thing to talk about the average salary made by a federal worker, state worker, or city worker compared to somebody in the private sector.
It's another thing entirely.
Start comparing pensions.
And some of these people get health care paid for the rest of their lives after they retire.
What, Dawn?
What?
Um says we all will now with Obamacare.
We're all yeah, you you wait, wait and see what the quality of it is.
So, I mean, and the bottom line is this is not sustainable when when the people paying this earn twenty-five to fifty percent of what these people are being paid.
And then the people who are paying it have kids and grandkids are gonna be paying for the retirement and pensions of these people.
Look at this is one of the reasons the government owns General Motors.
General Motors couldn't pay up.
They couldn't fulfill the contractual object they made it, they signed the deal, they made the contractual deal, but the money isn't there.
They had to offload it, the government owns it.
Now, as I I told you that the world was waiting on Ben Bernanke.
Bernanke has announced what he's gonna do.
They're gonna buy a government debt.
It's exactly what everybody suspected are gonna do.
They're gonna try to flood the credit markets with money to keep it alive.
It's essentially printing money.
They're going and buy in a bunch of uh uh worthless mortgages, gonna buy some more of those.
And they're gonna the Federal Reserve is gonna buy up treasury bills.
This is uh an attempt to keep the Fed's funds rate, Fed funds rates are essentially zero anyway, but it's an effort to keep interest rates down.
Say that they're fighting inflation here.
What's really happening is a deflationary cycle is is being created uh in all of this.
So uh a lot of people were hoping that at least Bernanke would have the guts to split off.
I had some people actually tell me they thought that would happen.
That Bernanke would not want his name to go down in in flames in the mud with Obamas.
And I said, Are you kidding?
You think you think Ben Bernanke is gonna come out today and actually advocate the Bush tax cuts be extended?
It ain't gonna happen.
There was no way it was gonna happen.
So they're gonna buy up some more mortgage debt, worthless mortgages, and some T bills, Federal Reserve is, and you watch the markets.
Oh, wow, this is wonderful because the credit market's gonna be flooded with cash now from the Federal Reserve.
Where's the Fed getting the money?
They're printing it.
We don't have it.
So the day of reckoning keeps being kicked down the road, is what's happening here.
Back to the phones, Terry in uh in Winchester, Virginia.
Great to have you on the EIB network.
Hello.
Hey, Rush.
Hey.
On behalf of my rush babies, you are awesome.
And I am awesome because I've listened to you since college, and we're still going strong.
Thank you very much.
Appreciate that.
We are so that it's so cool.
Anyway, I do realize that you differentiate between government employees and DOD, and you know, because there definitely is a ladder of usefulness, you know, there.
And my husband, who is a civilian, works for the DOD, attached to the Navy.
Now his work does not produce a product that you can hand that you can handle that you can sell.
However, the work that he produces, it's a valuable asset.
Um he verifies, he looks at intel, he creates protection and for safety for the boots on the ground, and then of course long-range safety for us.
Yeah, and guess what's being guess what's being cut today?
Well, you know, I the defense budget is being cut.
My husband and I, we've been talking about this because we did see it coming, and there is like, okay, maybe it's just like all the top heavy people because goodness.
Nobody, by the way, once they are so inefficient and so top heavy.
Terry, nobody is complaining about national security and the people involved in it.
You know, the only complaint we have is that the leaders of the country don't seem to care enough about it.
Yes.
And that is frustrating.
That is frustrating.
But fortunately for people like my husband, people he works with, our friends.
You know what?
We really don't need a pat on the back from Barack Obama.
You know, uh it it what they do is because you can't trust it's a pat on the back.
Yeah.
Please don't walk behind me.
So thank you so much for hearing me, and thank you so much for loving the military.
I'm glad you called, Terry.
And I well, appreciate that.
And I uh since we're thanking each other, I uh I I want you to uh want to thank you for understanding what I'm talking about here and not not having a knee-jerk generalization type reaction to it.
I really appreciate it.
I think the thing is it's like a a semantics thing, you know, where you know, Mike, my husband doesn't necessarily have a product per se, but he definitely his work does.
Well, look it.
Even even in this USA-to-day survey, uniformed military personnel are exempted from the comparison.
Because that's constitutionally required.
That's that's that's that's you know, that's not dog catching.
It's not true at officer stuff.
I don't even think we have cruant officers anymore.
All we do is have teachers and make sure the kids are in school one day a month to get the federal money for that month.
Regardless of what they're learning.
So thanks very much.
I appreciate it.
We're talking about education here.
Let's talk about colleges.
Some colleges, some universities go into shutdown mode over the summer.
There may be a dorm or two painted, some construction may take place, the facade of summer school may be going on.
But for the most part, the professors and the students are nowhere to be seen.
That is not the case with Hillsdale College.
Small and compact institution of higher learning in Hillsdale, Michigan.
They may have just 1,350 students, but to look at what they get done in the summer, you'd think they were preparing to educate tens of thousands, which in fact they do.
So while the undergraduates are on holiday, the teaching staff and the administration are busy at work at Hillsdale paying attention to the Constitution Studies program.
Earlier this year they created a Constitution Town Hall event online.
Some 50,000 of you took part in it.
You went online, you received a day-long education on the intrinsic values associated with the Constitution.
And I i if you if you didn't do it, you've got an opportunity now to go back and do it on your own.
Hillsdale has brought that back for you this summer, and this time it's online and on demand, meaning you can go access it whenever you want.
It's free to those of you that want to take this in using valuable bandwidth from the comfort of your own home.
You can sign up online or at rushforhillsdale.com.
It's the same site where you can sign up to receive him primus, the monthly digest on some of the great speeches, conservative speeches given at Hillsdale.
Rushforhillsdale.com is the website address to sign up for Hillsdale's Constitution Town Hall.
I I would encourage you to do it.
Even those of you it doesn't cost you anything.
Uh even those of you who think you're well versed in the Constitution.
You ought to take this little course.
Avail yourself of this little seminar.
It will amaze you.
It'll inspire you as well.
And it'll prepare you because there are assaults on the Constitution taking place daily in this country.
From the judiciary, from the American left.
And the more you understand about the Constitution, its history, its purpose, and its values, the more you will understand the attacks that are taking place against it.
Rush for Hillsdale.com.
There are arguments both ways on Bernanke.
Well, yeah, Rush, we really want to get the interest rates down to the banks alone instead of buying T bills in order to earn money.
I understand all that.
But at the same time, Bernanke's move today kind of reminds me of that old Charlie Wrangle joke.
An ethics committee member went up to Wrangle and said, Charlie, you're overdrawn.
And Wrangell said, What do you mean I'm overdrawn?
I still have checks in my checkbook.
So, yeah, the Fed can still write money.
We can still print money.
We can still we're not we're not in any problem whatsoever.
We all we have to do is just print some.
Here's Jim in Fort Lauderdale.
Great to have you on the EIB network.
Hello.
Rush, it's truly a privilege.
Uh I I started with you about almost 22 years ago today, driving down the New York State true uh dually.
I heard you and I said, Wow, great.
Uh okay, here's my point.
Here's what I think is gonna happen.
Hillary's gonna walk into the White House, and she's who's gonna say, and the Democrats and all of the media are gonna follow and say you gotta go.
This man is a disaster.
And, Bill, it's going to be right there.
Wait, wait, wait, wait, wait.
Sure.
Oh, yeah.
And the media is gonna go in there and the media is gonna go in there and and and with Hillary and say, Obama, you gotta go.
They have to.
They can't, they can't they can't go out and find they're fighting for this man all along.
And he's you know, he's a disaster.
They're making excuses after excuses after excuses.
Everybody wants Hillary there.
Oh, Hillary and happy days, and then we can't forget Bill.
He's all right.
I'm here.
I'm hearing all this talk that they're trying to move Hillary into the vice presidential office to get rid of her.
Shouldn't ever be vice president?
But everybody don't everybody forgets that she's as big a fan of Solalinsky as Obama is.
You know what what what what what what's the big uh what's a bonus we get with Hillary?
What's the big change?
Well, because they think they think that he did a great job.
You know, he did everything while he was walking on Obama.
So you you think you think that Hillary and the Democrats are gonna actually ask Obama to leave or force or not because they can't fundraise it.
The Democrats are gonna ask him to leave.
The Democrats.
They don't like him as well.
I I don't think the media likes uh what's happening here.
They can't they can't they can't grow any more camouflage.
They they're seeing what a disaster.
It's a disaster what we have going on.
And I want to do that.
Well, that would only that would only make sense if the media were concerned about their reputation.
You see, you got Carvel out there that's doing polls now, Rush.
Okay, head starting to surface.
You got Jerry uh Terry McCall, you got these people, they just had a wedding.
I I believe these people are putting it together to walk in and say, hey, you know what?
This guy has to go.
He's a disaster for the party.
And these people, they're they're they're gonna say to the media that Clintons will heal like a train dog, and the media will get right in line.
I believe that.
I truly believe that.
This is uh this is i it's this is an illustration here.
And I I love you out there, Jim, and I I appreciate the fact that you've been with me for 22 years, and I hope you're here for the next twenty-two, because I will be.
But it just goes to show callers are allowed to fantasize, and hosts are not.
I just I would love to see that.
Jim, I would love it.
I mean, you've painted a picture I would love to see.
Hillary Clinton barreling into the Oval Office, trailing Brian Williams, Dan Rather, Tom Brokaw, Andrea Mitchell, Chris Matthews saying, Bomb, Obama, you gotta go.
We can't fundraise, get the hell out, we're losing, we're gonna keep losing.
You I would love, I would love to see that.
Polls, Rush.
Carl taking polls.
You don't think that they're on the site?
What would you think of Hillary?
What would you think in the head of the case?
Okay, well, Jim, let me ask you this.
You've painted, you've painted the picture.
Yes.
Obama's in the Oval Office.
Yes.
In comes Hillary.
With the suit.
Don't forget you have to have a suit on.
With a suit on.
Yeah.
Suit on.
And the media, and they say Obama, you gotta go.
What does he do?
What does he say?
No way.
He's not going to go because Michelle's gonna be right behind him screaming.
Get out of my office, get out of my office.
I have a sense of humor, too.
I might against the case.
Okay, so you don't expect him to go.
You just expect them to go and try to get him to go.
I I think the party is gonna stand behind Hillary.
I think the Clintons still have their people up.
Oh, okay.
Well, now wait a minute, if you'd have said that, if you if you would have said that you think there are people from Carverlawn down angling to have Hillary perhaps seek the Democrat nomination and run against Obama as Ted Kennedy ran against Jimmy Carter in 1980, then maybe you're a little bit more on terra firma.
Uh uh uh but I I don't see them actually walking.
You gotta quit, pave the way for me.
I just I don't I took you literally.
Uh I don't doubt that there are people on the Democrat side are fantasizing about this.
I there's no doubt that they would love to see the weakness.
The Clintons, folks, would love to get back into the White House more than anybody you can imagine.
Carver was just praising Obama over the weekend, by the way.
I mean, these people go back and forth on this.
But I it's gonna be that's still two years off before anything like this happens.
And I think a lot of people who have this notion about Hillary and the Clintons still have this uh great fear that these people are omnipotent, that they're unbeatable.
Uh that whatever they want, they're gonna get.
And of course the evidence is just the contrary.
Obama beat them.
It's one thing.
I mean, if somebody said to me, Rush, can you say anything positive about Obama?
Yeah.
He destroyed the Clinton machine for a while.
No doubt they're gonna try to put it back together.
It'll be fun to watch.
Back after this.
Say other news uh along the lines of this uh Fed bailout, not not just the fact they're gonna buy up uh debt, but Bernanke also said that the pace of recovery uh in output and employment has slowed in uh in recent months.
And they are alarmed.
The Fed has become alarmed about new indications that the uh recovery has to stall.
Psst, there wasn't a recovery.
It was a myth.
This show is not a myth.
This show rock reality.
And we'll be back tomorrow at 21 hours to do it all over again.
See you then.
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