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Sept. 1, 2010 - Rush Limbaugh Program
36:45
September 1, 2010, Wednesday, Hour #2
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Great to be with you.
America's Anchorman is away, and this is your undocumented anchor man.
Remember it is racist to inquire about my immigration status, even though large parts of my body are overwhelmingly white.
So don't even think about it.
Rush is going to be back on uh Tuesday.
There's a best of Rush uh Labor Day, Labor Day best of rush, that's right.
And Mark Davis will be here on Friday.
I I love being here.
Today it's uh Wednesday.
So it's uh Uyghur Wednesday.
We we should have some uh Uyghur stories.
Uh uh the HR is complaining that the Uyghurs have been uh quietly they're not been so quiet, they've just uh they attacked the Chinese military police in Xinjiang, and uh and the uh and so the Chinese are cracking down on the Uyghurs.
But I find no for some reason, I don't even know how this started now, but I think uh several guest hosting stints back, I had a Uyghur story, and then a couple of weeks later I had another Uyghur story.
Uh yeah, the uh and and uh the uh and then it started getting well I'd be giving speeches and people I'd say uh get to the end of my speech and be on whatever it would be, it would be on uh, you know, uh Canadian agriculture, say, and I'd have been giving a uh presentation on Canadian agriculture for 90 minutes, and then at the end of it I'd say any questions, and people would would stand up and say, Do you have any good Uyghur stories?
And I So like I became like, you know, your go-to guy for Uyghurs.
And um and I was in I was in uh Bermuda over the uh over the summer where uh President Obama liberated four Uyghurs that had been uh kept by uh George W. Bush as uh in Gitmo for his own personal amusement.
And uh President Obama liberated these Uyghurs and released them to Bermuda.
And I was I thought I've I'm so sick of giving speeches on Canadian agriculture and people talking to me about the Uyghurs afterward, asking me questions about Uyghurs, I gotta get out of this country.
So I went to Bermuda.
Everywhere I go in Bermuda, the first thing people want to talk about is the Uyghurs.
They're mad about the Uyghur.
I looked for the Uyghurs, by the way.
I think they're in the uh I think they're they're in the coronation suite at the Hamilton Princess Hotel.
I didn't see the Uyghurs uh but I was asked about them everywhere I went.
People are mad about the Uyghurs because Obama uh Bermuda is a British colony, which is to say it doesn't have privileged relations with other sovereign states.
And Obama basically went behind the British government's back and cut a deal with uh with b uh the local government in Bermuda uh to drop off these uh four Uyghur terrorists or alleged terrorists, which is which is the equivalent.
If you're wondering why the British government are mad about it, imagine if you woke up in uh you were Obama, say, and you woke up and you read in the Washington Post uh that the British government had released two hundred convicted IRA terrorists uh uh into, say, St. Thomas or Guam.
That is how that is why the British are mad about the whole Uyghur thing in uh in in Bermuda.
So we will try to keep you up to date with some Uyghur developments.
But they but yeah, actually actually I do I haven't checked the Hurricane Earl updates, but I'm not sure whether it's gonna hit Bermuda and sweep the four Uyghurs as they're sunning themselves on the beach out to sea, wash them back to Gitmo.
Uh but we'll keep you up to date with Hurricane Earl uh tracking insofar as it impacts the uh the Uyghur population.
We were talking in the first hour about the President's uh ridiculous speech.
Uh ridiculous in part because of the way he he uh he introduced this ludicrous comparison uh between what we were unable to spend on domestic spending because we'd spent so much on Ir uh on the Iraq war.
Now they're grounds for supporting the Iraq war, grands for opposing the Iraq war.
Uh but the cost is nothing to do with it.
It's entirely irrelevant, uh completely irrelevant to the big picture.
We we've spent in total on the Iraq war about point seven of a trillion.
He spends that in nothing flat.
He's uh if you add up all he spent sin in the in his first eighteen months uh without even looking at the long-term implications of it, you're talking about something like uh four to five trillion.
And it's fascinating to me this this level of spending, uh, which is astonishing and unprecedented.
Within the next few years, uh and I would say well within a decade, the United States will be spending more of the federal budget on its interest payments than on its military.
In other words, it will be spending more on debt service than on the armed services.
Uh according to the CBO's uh t 2010 budget outlook, by 2020 the government will be paying between fifteen and twenty percent of its revenues in debt interest, whereas defense spending will be down to between fourteen and sixteen percent.
Now this we're not talking about paying down the debt here.
We're just talking about paying the interest on the debt.
You're not reducing the debt.
We're just talking about the interest payments on the debt.
And even this, even all this is just premised on a combination of uh resumed economic growth but continued low interest rates.
And if the Obama economy remains as impervious to his charms as it's proved so far, and if interest rates rise even slightly, I would imagine we'll hit that 20% for debt interest much sooner.
Um and y you know what is the what does this mean in in practical terms?
It means in practical terms uh we're going to be spending more just in interest payments to a lot of foreign debtors like the Chinese than we are on our military.
Uh that's not because the Pentagon is such a great great bargain by the way America accounts for I think something like 43% of uh global military spending but that's a good way to look at it.
That's a good way to look at the insane level of federal spending that within a few years America will be spending more in the interest payments just the interest payments on its debt than China, Britain, France, Russia, Japan, Germany, Saudi Arabia, India, Italy, South Korea, Brazil, Canada, Australia, Spain, Turkey, and Israel spend on their militaries combined.
And we will be advancing very quickly from a nation of aircraft carriers to a nation of uh of debt carriers.
Now if you look at the uh you look at the CBO figures, uh they uh are talking about the the the interest payments on the debt rising to 36% in 2030, 58% in 2040, and then up to 85% in 2050.
So we'll be spending more than the planet's entire military budget just on the interest payments of our now that's like when you get your MasterCard or visa statement at the end of the month and you decide not to pay off any of the debt but just to pay off the little bit of interest on it.
Or that's when you're paying off a mortgage but you're not paying off any of the principal you're just paying off the interest on it.
The debt is just going to continue to rise and rise and just covering the interest payments is going to cost us more uh than the Pentagon.
But you don't have to worry about 2050 because whatever goes by the name of America under those conditions in 2050 isn't going to be worth talking about.
Uh the way to think of it is this that uh by uh by May this year uh some we had some four trillion dollars uh uh of our debt which is about half of it was owned by foreigners and somewhere between two fifths and half of that was held by the Chinese.
Now if you look at that we spend about uh six hundred and sixty billion dollars on our military the Chinese spend about a hundred billion on theirs.
So what that means is by about the year 2015 America will be paying the entire cost of the Chinese military who pays for these aircraft carriers that China is developing who pays for these new missiles that China is developing?
You do.
The scandal isn't that American as Obama said last night, you know, this the the what he thinks is the big scandal that American taxpayers' money paid for the U.S. military to invade Iraq the scandal is that American taxpayers' money is going to be paying for the Chinese military to invade Taiwan that's how crazy it is.
We will now I would say by 2013 2014 the American taxpayer will be funding the entire Chinese military so the People's Liberation Army, which is the largest employer on the planet it's bigger even than uh the United States Department of Community Organizer grant applications.
It's huge, the People's Liberation Army, biggest employer on the planet will be entirely funded by U.S. taxpayers and when as I said when they do take Taiwan it will be suburban families in uh in Connecticut and small businesses in Idaho that will have paid for it.
This is the scandal and it is outrageous that Barack Obama is trying to uh somehow argue that the financial hole we're in was caused by the Iraq War.
The Iraq war is a very tiny little uh little bit uh uh uh uh of extra on the top of the swollen domestic uh spending and the borrowing necessary to pay for it.
And that is what is that is what is gonna kill America.
That is what is gonna uh unbalance America.
We can afford to wage uh wars uh costing 0.7 trillion dollars over seven years.
We cannot afford to spend on rubbish on nonsense uh four trillion dollars and raise only two trillion dollars in revenue uh and borrow the rest of it uh and borrow the rest of it from uh from the Chinese.
And there's a big difference.
Because wars eventually, as uh as Obama says, there comes a time when combat operations end, you have to turn the page, blah, blah, blah.
Wars end, entitlements don't.
Entitlements are the real quagmire.
Entitlements are the quagmire that without end.
Uh and uh and they're bad because of what they do to the citizenry, because people's sense of entitlement uh lingers long after the entitlement has ceased to make any sense.
That's that's why, even though uh when they introduced all these government uh pensions and government old age security programs in an age when uh average life expectancy was uh basically in the late forties, when when Bismarck introduced uh the first scheme in Germany, I think uh life expectancy in Germany was forty-eight, and you got your uh and you got your pension when you were seventy-five.
Now basically we've doubled life expectancy, and people expect uh to be able to retire and live for a third of their uh entire adult life uh uh on uh on on being funded by some form of government one way or the other.
It's the dum the domestic entitlements are gonna unbalance this country.
And the question really is not just I mean it's clear we've there's not enough money in America to spend uh to to pay for this.
The question is whether there's even enough uh money in the world to pay for this.
When American taxpayers are funding the entire cost of the Chinese military uh simply through the interest payments on the debt, then you you gotta wonder whether Nancy Pelosi, Harry Reid, Barack Obama sized government is gonna outspend not just America, but the entire planet.
Uh so we'll talk about some of the implications of that and lots more, including your calls straight ahead.
1-800-282-2882.
Mark Stein, Inforush on the EIB network.
Let us go to Don in uh Archdale, North Carolina.
Don, great to have you with us on the Rush Limbaugh show.
You're in uh pretty much uh the the straight in the path of Hurricane Earl, aren't you?
Well, no, we're we're a little further inland than that.
This is about the middle of the state.
Oh so we should be out of the target zone.
Well well, be careful.
Uh put the shutters to your windows.
Uh you don't want any uh you don't want the hurricane blowing any stray Uyghurs through from uh from Bermuda.
So I don't have any good Uyghur stories, but I did read your book, uh America Alone.
Yeah.
That's good.
Uh I don't think that it may be a Uyghur free zone.
I can't remember, but we'll put some Uyghurs in there for the uh for the for the next edition.
I think that was before the Uyghurs came to public attention there.
That's true.
It's all we're the all Uyghur all the time network now.
It's a whole new programming format.
Everyone's everyone's gonna be doing this soon.
MSNBC will be copying it.
You where you wait and see.
They always do.
Uh Don, what else did you want to talk about apart from Uyghurs?
Well, uh I was thinking about Obama's segue from the Iraq war to the economy, and uh I told your screener, I hope that doesn't mean he's going to focus like a laser on jobs now, because the last time he did that, we got health care reform.
Yeah.
Yeah.
I I think he's using uh health care reform math here.
Uh cut once and spin twice.
Right.
Uh i if I understood the the speech correctly, the money we we're going to save on the Iraq war is going to pay for uh more aggressive stance in Afghanistan, and it's also going to help fund our economic recovery.
That's right.
That's right.
So all this mi this point seven of a trillion, which is like a rounding error in most of uh Obama's budgeting calculations.
But this is now gonna fund uh just not incre uh increased activities in Afghanistan, and it's gonna uh fund the creation of all these uh new jobs here in the United States and it's probably gonna fund cap and trade.
Green jobs.
Did he say anything about green jobs last night, Don?
I don't think he specifically mentioned green jobs.
I don't recall anything about that.
Well, I think that's that's great because you can be sort of generally mentioned energy politics.
Oh, yeah.
If you remember the last time he spoke from the Oval Office was when he did his big oil spill speech when he he uh he got off it was like it's a bit like this speech.
He got he got bored with the oil spill, like he got bored with talking about Iraq and moved on to other things.
Uh and he said um, you know, as we speak, people are going back to work installing energy efficient windows.
This is this is this is the uh the the this is what is uh breathtaking about this guy, in a way.
He's supposed to be there talking about like this massive oil spill in the Gulf, and he's talking about oh what a what an interesting new window treatment you're putting it in your home.
His inability, I would say, to focus uh on uh on anything other than these kind of narcissistic, self-indulgent liberal feel-good uh distractions.
Uh is so you don't expect anything to come from the green jobs racket, then, Don.
No, I don't get any income from that.
In fact, uh nobody nobody does.
That's one of these things where they they set these things up.
Uh there's uh if you're ever in Vancouver, they've got on something called the I think it's called the eco-friendly highway, from Vancouver to wherever they had the Olympic games.
They've got this thing which is supposedly an eco-friendly car wash.
So that instead of having your car wash by bad old old technology, it's washed by wind turbines or whatever.
And um and uh the government set up this.
This is this is all what all green jobs things are.
The government set this thing up.
This guy with the green uh car wash applied for the funding.
Uh the funding ended, so he could no longer afford to have the wind powered car wash or whatever the hell it was.
So he went over to the old style planet destroying car wash, but he still kept the name, the green eco-friendly car wash.
So all you guys in the Prius still drive there to to because they think they're still getting the wind turbine car wash.
Every single green jobs initiative.
Doesn't matter whether you're talking uh about Canada, Germany, Spain, they all boil down to the same thing.
Getting government money, and when the government money goes, there's no real uh no real job there.
They're all like that, all the same.
Me of you you mentioned windmills, that reminded me of something else.
I'm old enough to remember Lady Bird Johnson and her initiative to beautify America's highways by getting all the signs taken off, all the billboards taken down.
And it has dawned on me, I wonder what Lady Bird Johnson would think about all these ghastly hundred foot tall windmills all over the place.
No, I know I think she'd have the same attitude that Ted Kennedy had when they wanted to put them uh off his uh fantastic place in uh in Nan in Nantucket.
They uh apart from anything else, if you're ever near a wind turbine, uh it's like Hurricane Earl all year round, because you've got basically sliced up uh sliced up birds coming through your window every every time every time there's a slight breeze, it's uh it's like the final scene out of that Hitchcock movie, except it's not the instead of the birds attacking the people, you're just you're just g getting this bird bloodbath splattered uh splatter w what they call it, the Condor Cuisinats.
That's what they call them out in uh uh out near Palm Springs in the desert.
They got these they they got these things.
It's like the uh statue of the the tr the the old tree trunk legs of Ozzy Mandias's statue in the desert.
You you're driving through the desert, they're rusting up wind turbines, rusted up wind turbines.
The private sector the private sector always takes care of the problem.
You know, in the late nineteenth century they were w they were worrying that with uh all the increase in manufacturing, increase in industry, increase in population, we were running out of horses because people went everywhere with horse and buggy.
And then uh someone invented the motor car and they realized they didn't have to worry about running out of horses.
But you can imagine what would have happened if Obama had been in office uh and he'd have Gone in there, he'd have gone in there to bail out the horse breeding industry.
So you'd go all over the country now and every every uh every stud would be owned by Obama and they'd be breeding government horses, and we'd never have advanced uh to the motor car.
That's what government does uh when it takes uh when it takes these uh these industries over.
So the green jobs thing is just some uh phony baloney uh way of transferring, again, transferring money uh from one sector of the population to another.
And that's what's so awful about this, uh the way we're governed now, is that you're not a citizen equal before the law.
You're a member of privileged subgroups in society or unprivileged subgroups in society.
So uh someone like Obama comes along and takes the money that you work hard to make in a real job and he transfers it to some pal of his who's well connected, uh who wastes it in some phony baloney nothing job.
More straight ahead on the EIB network.
Great to be uh great to be with you.
Rush is uh off on his annual golfing vacation, and he will return live on Tuesday, Mark Davis in on Friday.
Uh November's election is shaping up well for for the Republicans, and uh and that's good news in the sense that the Democrats are going to be punished for what they've done uh over the last couple of years.
People just don't want it.
People have looked people have looked uh into where the Democrats are taking this country, and they realize at a certain level that it is a fraud.
I thought once we'd introduced the word trillion to the to the vocabulary, which happened, I think, in Obama's first week, uh I thought this is cunning of the Democrats if they make trillion sound like a normal word instead of an insane word, which is what it is.
I mean, really, whenever any government spokesman is using the word trillion, uh you you you you you want to be driving a stake through his heart because th that is uh not a number that any responsible government leader should be using.
But but I think in fact it backfired on the Democrats and they realized that the whole thing uh what it the the message it sent to the public was that the whole thing is a a fraud.
The whole thing is phony, the whole thing is unaffordable.
Uh and I think that that is uh what is really driving the uh the voter anger uh that is so-called out there.
I like I don't mean anger really.
People always call it anger.
When e whenever there's a uh a cons a swing to conservatism, it is it is placed as, you know, angry white men, angry, overwhelmingly white men, getting angry.
It's not, it's an entirely rational response to what is happening.
There's nothing so-called compassionate or progressive or or moderate or nice or fluffy about spending money you don't have.
You're just you're you we're basic we're basically uh uh d saying we okay, we don't have the money to spend for this, so we're gonna pre-approve uh credit we're we're gonna issue credit cards and pre-approve our unborn grandchildren.
That's the Obama model.
And it's the re and it's a recipe of death for this uh nation uh if we if we go down that path.
If we do not seriously reel in the spending.
So the question is, the question is uh are the people that we elect this November just going to be uh the old discredited uh Republican caucus of two thousand and six restored to power, or are they gonna get it this time uh and understand that the the problem here is quite simply that government spends too much.
Government spends too much to the point that there's too much government and not enough market.
There's no longer enough of the emaciated market nag to pull the big government cart.
Uh and do the the people that we're going to be electing this November to replace the Pelosi Reed Congress, do they get that, or do they think, oh, it's just 2004 all over again and we're going to get all our committee uh chairmanships back.
Trent Lott.
Trent Lott.
Do you remember him?
He was the guy who uh his career self-detonated uh when he was Strom Thurman's uh singing telegram on his hundredth birthday, basically.
I think that's that's what happened.
He he uh he he was uh he was toasting Strom on his hundredth birthday and he got a little carried away and he said something uh and he was the he at that point uh the Republicans had just taken control of the Senate again and he was the uh incoming Senate majority leader.
And uh then he went to Strom's hundredth birthday party and he became uh the first outgoing incoming Senate majority leader in American history.
Uh Trent Lott never had any use for him.
He had fabulous hair, lacquered hair.
This fabulous, uh fabulous hair.
That's how I knew Hurricane Katrina was serious, because uh I saw a hair move on Trent Lott's head.
Uh but Trent Lott is back.
He's back, he's back.
And he's saying we do not want he's a big a lobbyist.
He's like all these lifetime legislators.
He's cashed in his roller decks and he's now a big lobbyist.
And he says we don't want 60 Jim de Mints in the Senate.
I would rather have 60 Jim de Minz in the Senate than 60 Trent Lots.
I don't want to go back to Trent Lott era Republican uh governance because it's not good enough now.
We're in a serious crisis here.
And if we do not roll back some of these programs, it this is why this is a consequential election, not just because it's a chance to stick it to the Democratic Party, but because it's one of the last chances we have uh to roll back the sustained assault by government on America's future, which is what is at issue this November.
So the Trent lodification of Washington, restoring the Trent lots of this world uh to power in Washington is n is is not gonna be is not going to be enough.
Uh the the candidates who are elected in November have to understand that they're being sent to Washington to restore the balance between the private sector and the government sector.
Now you don't blame I don't blame Obama for this, by the way.
He's a creature of government.
Everybody around him is a creature of government.
Uh Timothy Geitner, the Treasury Secretary, he's never none of these people have ever created a dime of wealth in their life.
None of them have ever made payroll.
There was this whiny article, Mark Belling brought it up yesterday, this whiny article in the New York Times about how Wall Street, which had supported Obama and the Democrats 7030 just two years ago, now had turned against Obama.
And and what the New York Times uh reported was that essentially all these big Wall Street guys, the smart guys, the smart guys who bought who brought us subprime and credit default swaps and all the other stuff, these uh these Wall Street guys had voted for Obama because he was one of them.
He'd been to the same schools as them.
He hadn't been to these no-name schools like Sarah Palin.
They could imagine themselves uh b being at the same dinner party sitting across the table from a guy like Barack Obama.
Well, more fool them.
He's more typical, he's more typical of what's wrong with this country uh than you might think.
Look at this guy.
Look at this guy.
He goes to a fancy expensive prep school in Hawaii.
He goes to Occidental College, he goes to the University of Columbia, he goes to Harvard Law School.
You add that up.
Fancy Prep School Hawaii, Occidental, Columbia, Harvard, and then what does he do?
Oh, he becomes a community organizer.
Look at the cost of his education, and then look at what he goes into.
That's a deformed economic model.
And everybody who all the clever guys, and by the way, if you're a liberal and you were one of those people who thought that Sarah Palin had a joke resume and Barack Obama was qualified, qualified to govern the world superpower.
Give me a call, 1-800-282-2882.
I'd love to hear.
I was stuck behind some somebody in Vermont, a woman in a rusted up Subaru who still had her Obama-Biden sticker on uh yesterday.
If you've still got your Obama-Biden sticker on, if you're one of those people who still sneers at Sarah Palin because she had a joke resume, and this guy, this guy has the perfect resume for running a superpower.
This guy, he goes to uh Occidental, he goes to Columbia, he goes to Harvard, and he then he becomes a community organizer.
Call me up.
I'd love to hear you defend that thesis.
1800-282 uh 2882.
Because uh that is actually that is actually the the deformed economic model uh on which too much of America uh is invest is invested in.
You think of uh that famous speech Michelle Obama gave, I think she was in Ohio, where she said, what we're asking young people to do is to turn their backs on corporate America.
That's what Barack and I did.
We turned our backs on corporate America.
Who do you think pays for non-corporate America?
Who do you think pays for government America?
Corporate America, the wealth generating community, pays for the government community.
But uh Michelle Obama says, we're asking young people to turn their backs on corporate America and become community organizers.
That's terrific.
It's corporate America that pays for the sixty-eight person secret service detail that has to accompany Michelle and her couple of pals over to the uh fancy resort and take up all the big rooms at the resort in Marbella in Spain.
Uh corporate America pays for that.
The problem is that you have too many people with the kind of six-figure education that Barack Obama did who do turn their backs on corporate America.
We need to get back to serious wealth generation in this country and serious government shrinkage in this country.
And if the people we elect in November don't get that, then the whole exercise will be a waste of time.
We'll take your calls and lots more still to come.
Mark Stein, in for us on the EIB Network.
Mark Stein, Infor Rush.
Let's go to Michelle in Tampa, Florida.
Michelle, great to have you uh on the show.
You in the you're not in the path of Hurricane Earl there, are you?
In the way?
Are you in the path of Hurricane Earl?
Oh no, no, no.
That's going up to the Northeast.
I'm in the Oh right.
So your your way so I can't sorry, I can't take any hurricane seriously, called Earl.
It doesn't it doesn't seem like quite the name for a hurricane.
I like uh I like to when Maxine do you remember when Maxine Waters was complaining why uh hurricanes were given white names?
Uh this was one of her complaints.
She said all all the names he said all these hurricanes just have these pasty honky names.
You know, she was complaining there wasn't a Hurricane Leroy or whatever, so that uh it was racist when when these when these white bred hurricanes swept in to total the uh total the neighborhood, it was just another example of white hegemony.
And why didn't they give them why didn't they give them African American names?
Anyway, whatever Hurricane Earl, I don't I can't take that.
It's like being Hurricane Budd, isn't it?
It's like what kind of Maybe if they gave him African names, they would have swept in the white areas.
Okay, let's not get into the racist uh hurricane things.
I uh okay, we'll we'll d we'll be doing homophobic uh hurricane cracks in the next segment.
Don't worry about it.
Michelle, uh what point did you automate?
Well, for years I heard from the Liberals about how much money the George Bush's war is costing.
But when we go into wars, it creates a lot of private sector jobs.
These government goal handouts, they don't create any jobs.
They take away jobs.
Because when you start hand government starts handing more and more money out, they have to collect more and more taxes, which in essence people get fired.
Yeah, I mean that's that's the way to think about it.
Every time the Obama stimulus uh creates a job for, say, a a uh community organizer in charge of writing grant or applications for stimulus funds in Idaho, uh what real job uh d was lost as a result of taking that money from real people hiring real people,
other real people to do real jobs, and giving it to the government to create the community organizer in rural Idaho in charge of uh supervising uh grant writing application outreach for stimulus funds.
Uh my business really really shows what the um economy's doing.
And I'm gonna tell you right now, it wasn't until two years ago where uh things started really going down because I'm in the uh limo business in Tampa.
Right.
And I do um majority of what I do is back and forth to the airport.
I do a lot of business travelers, the a lot of um uh vacation travelers.
In the last two years, what's going on in this business is just unbelievable.
No.
I've seen a lot of my customers lose their jobs, and we're talking big, nice paying jobs.
No, and you know, and you know what?
That's a that's a good example of a business uh uh being being in that uh in in that business, ms Michelle, uh that is dependent on on on the kind of mood of the economy.
In other words, whether a guy uh when you fly in and land at Tampa, whether they send a limo to the airport for you, or whether they say just take a cab downtown, or whether they say no, pay six bucks and take the bus downtown.
A lot of that is to do with uh issues like broad consumer confidence, broad business confidence, and there absolutely is no business confidence at the moment because nobody knows what he's gonna do next.
He doesn't talk like a man who understands the economy.
He talks like a man who's disincentivizing with his every utterance uh the impulses that drive economic growth.
Uh and uh it's tough for uh for you in that line of work because I'm not sure things are gonna be getting better uh anytime soon.
Thanks for your facts are not going to get better because when George Bush was in, even though the economy was getting bad, people still had confidence in the private sector taking care of it.
Yeah, and you and again it comes back to what government does.
You can't you can't uh operate.
You don't hire people, for example, if you don't know what the rules are going to be.
You when you take someone on and you offer to pay them, a guy was writing about this in the Wall Street Journal the other day.
He was pointing out that to to give an employee 44,000, he has to spend about seventy-five thousand dollars, uh, the rest of it going to government in one form or another.
Now, you don't know, you don't know w right now, when you take on that employee, how much extra money you're gonna have you're gonna be having to give to the government.
Uh because Barack Obama and the Democrats have uh introduced uncertainty.
We know they can't afford what they're doing, so it eventually at some point they're gonna have to come to the only source of money uh that they have other than uh foreign governments, and that is the American people, and they're gonna have to take some more money from small business or more money from federal taxpayers or more money in a sales tax.
Uh they don't know what they're doing on things like cap and trade, where again, if some version of that passes, people said, oh, healthcare, healthcare, it keeps getting stopped, stymied, keeps uh we keep we keep holding the line, eventually it passes.
What health care is about is not government health care is not about health care, it's about government.
It's about new government rules, new government obligations, new costs that government imposes on you.
And and what determines whether an economy grows is certainty.
When people talk about outsourcing jobs, nobody outsources jobs to Haiti.
Nobody outsources jobs to Rwanda.
Uh people outsource jobs to Singapore and Ireland, uh to India.
They uh countries where you know what the rules are.
The rules are set, and you don't have to worry that you go in under one set of rules, and then when you've been there for twenty minutes, uh all the rules are up in the air and you don't know yet where they're gonna come down.
We have uncertainty uh because Obama has made it clear he wants to fundamentally transform and rewrite the rules, and potential employers don't know where that's going to end up.
Let's go quickly to Ken.
Uh Ken, you are live on the Rush Limbaugh Show.
Hey Mark, welcome to the EIB network, your great stand-in host, and we uh we love your articles.
Uh reason for my call is I think the Republicans are failing to highlight the fact that it hasn't been a decade that they've been in charge of spending.
Actually, the Democrats took over the Congress in two thousand and six, and they've been in the budget control seat ever since.
And I don't see the Republicans shining that spotlight on the Obama crowd and the rest of the spendthrift government that is going to destroy the dollar and cause us to go bankrupt.
No, you ha I think that I think that's fair enough that essentially since 2006 spending has been driven by the Pelosi Reed con uh Congress.
But but this is the important bit, Ken.
We shouldn't expect uh the Republican Party, which is not the most efficient political machine, uh to do our job for us in this respect.
We have to get that story out.
We have to get that story out.
Nobody's excited particularly about restoring the Republican Party to power.
But conservatives recognize it's easy for Democrats, because if you're if you're a if you're a statist, the Democratic Party is the party of statism.
It is committed to statism.
If you're a statist, you have no problem about giving your vote to the Democratic Party that will increase statism and give you more statism.
It's more complicated.
Uh there's a more complicated relationship between conservatives and Republicans.
But right now there are more conservatives in this country than there are Republicans.
And and the uh and so, and so Conservatives have to get that story out.
They have to say with all their problems, uh what happened uh to this country was was not done by the Republican Party.
This was the Pelosi Reed Congress at 2006, uh actually in the Obama analogy saying, Oh, we can't give the Republican Party the keys to the cars because they're spending too much.
If you thought essentially to take the Obama analogy, they took they took uh the the keys to the car and they cranked us up to what uh Mel Brooks in Space Balls called ludicrous speed.
So if you thought we were going too fast on the old speed, uh they took it they took us to the next level.
Lots more still to come.
1 800, 282, 2882.
Mark Stein uh in for rush on the EIB network.
Congressman Bobby Bright of Alabama was asked whether Nancy Pelosi would be back as speaker and said, who knows, she might even get sick and die.
Uh the interesting thing about that, if a Republican said that his career would be over.
That'd be it'd be uh out of there.
Re Representative Bobby Bright of Alabama is a Democrat dodging the question of whether he planned to vote for Nancy Pelosi's speaker.
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