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Sept. 28, 2010 - Rush Limbaugh Program
36:42
September 28, 2010, Tuesday, Hour #2
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Time Text
Yeah, we're back here, Rushlin Boy and the Excellence in Broadcasting Network.
Happy to have you along, folks.
Always.
And I mean, there's always a thrill and delight to know that you're out there.
And I know that's the same for you, knowing that I'm here.
Telephone number is 800-282-2882 if you want to be on the program.
And our email address, LRushbo at EIBNet.com.
All right, I want to go back to Gail in Birmingham, Alabama.
He says, Gail, don't misunderstand.
I loved what you said.
What you said is radon, radon, radon, rat on.
But here's my question.
You started out by saying proudly that you were an independent.
Right?
Correct.
Now, you ticked off rat-tat-tat exactly what was wrong with Obama.
Now, it is, my opinion, you're a very smart woman.
What was it that prevented you from seeing this in Obama during the campaign?
Because I agree with everything you said, but I knew it, and a lot of us knew it, suspected it, pretty sure this is who the guy was because he's a Democrat.
He's a liberal Democrat.
There's nobody.
I'm really curious.
I'm really interested.
Don't misunderstand the tone of my voice.
I'm not being critical.
I'm genuinely curious how it is that this guy was able to pull it off and pull one over on you, and you didn't see who he was until he started doing what he did.
Well, part of it is I think I'm very much like most people in America.
We're really willing, almost to a point of a flaw, we're willing to give someone a chance, and he said the right things, and he surely did because we've had these concerns about the government.
For example, the Republicans and Democrats are pretty much going in the same direction.
They're just going at a different speed.
So they're increasing the government.
And I agree.
The Democrats are a faster speed.
They're increasing the taxes, reducing our liberties.
I've seen that.
So I'm not oblivious to it.
But he actually, what he did for me and many, many others, he said the things we wanted to hear, almost kind of like a, you know, kind of like a lover who just, you're just wonderful, and I just can't live without you, and I believe the same thing you believe.
And you just really get, you just get.
Okay, Dad.
Now, wait, wait, that's fascinating.
Let me stop you.
Don't lose your training thought.
Let me stop.
Are you married?
Yes.
If your husband at this stage in your life said those things to you, would you believe him?
No.
You would or would not?
No.
No, okay.
Okay, that's my point.
So you're married.
You know your husband left and right.
And if he comes at you that way after you've been married long past the romantic period's over, you're not going to fall for it.
I mean, you've been there, done that with him.
Here comes Obama sweet talking to you, and he swooped you off your feet.
Well, he does because these are the kind of things those of us who have, and that's, and again, I am very much like everyone else.
We saw our government going in the wrong direction for years, for decades.
And we know that.
And we think, okay, okay, he's a bright man.
They present him to us as this so-called educated man.
And by the way, just having a Ph.D. doesn't get it for me because we have some real good thinking people.
The degree doesn't do it.
But he talked the line we wanted to hear, and he said he was going to do it.
He gets into office.
And I remember when he brought in all of his people and said, we're going to be the most ethical group.
And I was cheering.
I was saying, isn't that wonderful?
That is terrific.
He's telling all his people, we're not going to have any of these people here that have been involved in any money.
If you've been a lobbyist, you're not going to be here.
Well, I got fooled on that too.
And then we're not one dime more.
Taxes aren't going to go up.
Not one dime.
No, they're going to go up hundreds of dollars.
All right.
Now, let me interrupt you again because I'm assuming here when you're probably going to claim you're an independent, what you also mean is that you are not ideological.
You're not liberal.
You're not conservative.
At least you don't think so.
No, I grew up on a farm in western Pennsylvania, so I'm very conservative.
And my family would have been some of the founders of this country years ago.
So, no, I'm very conservative, but I consider myself open.
And by the way, bright, as a general rule, people in America are very bright, but they can be taken in by hucksters.
And we just get taken in, and we're like incredulous.
We're going, how did this happen?
I understand.
Now we can't get out of it.
I know.
It is the so-called independents.
You've been kicked in the gut by what Obama's done so far.
Now, you've compounded things for me.
Remember the rubric here.
I'm trying to understand, because in my mind, there was nothing new about Obama.
We've been there.
We've had LBJ.
We've had expanding government.
We've had, I mean, he was talking about government-run health care.
He was talking about all the things that he's done.
He was maybe not as honest and forthcoming about growth of government and stimulus.
But as a conservative and Obama, as a Democrat, a liberal, I know what he's going to do, and I'm not cowed by what he says.
And you're a very smart woman, I can tell.
And I, as an American, and of course in my role here as commentator's talk show host, it is a constant perplexing thing to me, which is why I'm so thrilled to talk to you, to know how so many people could have been fooled by this guy.
It's like, I know people who were fooled by John Edwards, who to this day can't believe what kind of guy he turned out to be.
Whereas I'm not surprised because, see, they're liberals.
They're Democrats.
And to me, they all lie.
Now, you might say, well, that's pretty close-minded of you, Rush.
They can't all lie.
Well, in politics, they do.
I mean, the history is replete with it.
And yet you were so eager for something new to come along to change the direction we were headed.
What was so bad, I want you to specify for me.
What was so bad about America in 2007 and 2008 that it required and dictated a massive change in direction?
What did you think was so bad?
So bad was the inability of the current government, the people in Congress, to do anything constructive.
We essentially had, what I'd really want is term limits and flat tax.
I wasn't going to get that.
But we needed to get these people that we have installed.
Americans have installed all of these folks, these congressmen, these senators in Washington, and they're just one, you know, you scratch my back, I'll scratch yours.
And that's exactly what they've done.
So I never saw a difference like you did.
And by the way, you are the lifeline to sanity for all of us out here.
So thank you.
Thank you.
Thank you.
But I wasn't until you rejected me.
I don't take it personally.
But I was saying all this during the campaign.
I was warning everybody about Obama, but you didn't listen to me.
You instead invested in your hope that he was what he said he was.
So my being a lifeline was worthless to you because you rejected it.
I'm not Bill O'Reilly and taking it personally.
I'm not going to write a book about it.
I'm just, you know, I'm just, a little humor there.
I'm just, this is, I wondered, because you're a smart woman.
Maybe I'm defining independent wrong.
When I think of independent, I think it's somebody who's in, they think they're in the middle.
They're not Republican, they're not Democrat.
They sit and listen, and they're open-minded, and then they decide what they think is best based on things that are not ideological.
Maybe that's not what you are.
You just admitted you're a conservative, but yet you call yourself an independent.
Well, I can be a conservative and not be a Republican or a Democrat because I don't think much of either group.
I mean, I think a lot of Jim DeMin and some of the others that are saying they're Republican, but they're really more in tune with the average individual in America who wants what's best for America.
And we thought we needed a new beginning, and this man can talk.
This man will tell one lie after the other, which is why I think everyone's so puzzled, because we're so honest in America to a flaw.
We can't believe somebody could lie to us day after day.
Let me ask you a question, Gail.
Would you you call yourself an independent, but you sound, to me, like you're more conservative than the average Republican.
Am I right?
Yes.
Well, then we need a new term for you because you don't fit, I don't think, what the conventional wisdom definition of independent is, at least not that I understand.
That's where I'm having my trouble understanding what you're doing.
I'm very much anti-government.
The way they have built it, the regulations that they have are loss of liberties.
It's so tragic that the Department of Education, so tragic what they've done to our schools and our states, right?
Right.
Now, when you say that, what then doesn't compute is that you can be fooled by or support any national Democrat.
The independent people voted the man in.
I mean, that's who did it.
I know.
They had to fool the folks that were willing to go either for the R or what did Obama ever say that reflected your worldview?
What did he ever say that was conservative?
He said nothing conservative.
Plus, I did read dreams.
I think it's from my father.
I read that, and I read all the things to know that he had some inherent hostility with America, and he had a grudge.
I knew all that.
I know what you're saying.
I have listened.
I knew he had a grudge.
I read that book.
Plus, understand I've read Greenspan's books.
I've read, I read to understand, so I knew intellectually what you're saying.
Let me narrow this then.
Were you ticked off at George Bush?
And if so, why?
I was not.
McCain was not an ⁇ to me, McCain was a problem.
I love Sarah Palin, but McCain was a problem.
I didn't, I needed somebody to go in and be a change agent.
I didn't expect him to be a socialist.
You couldn't pull the trigger for McCain as a conservative, right?
No.
No, I could not.
And I could not.
Are you Republicans listening to this?
And we finally got to it.
We finally got there.
I have wandered and meandered.
I apologize for not being as direct as I should have been with you.
But you've just answered my question.
You couldn't pull a trigger for McCain no matter what.
And so you're willing to take a risk with a guy who at least represents the promise of something new.
Yes.
You roll the dice.
I cannot abide by the current Republicans, and they need to know that.
They need to know that there are those of us who abide with the words that you're hearing out of the folks in the Tea Party.
Rush, I actually took two weeks of my summer vacation and traveled on a motor trip across the country just to talk to real people to see if I've lost my mind.
I'm thinking maybe other people feel this way too.
Just want to see what they're saying.
And you know, Rush, they don't sound very different from me.
They're very angry at both parties for selling our nation short.
Yeah.
Yeah, I hear you.
That's exactly who the Tea Party is.
The Republicans need to listen to it.
I agree.
Democrats, I don't expect it.
But there are good Democrats.
Rush, there are good Democrats.
They are just as outraged.
I have friends who have voted Democratic all their life.
Well, they're not elected.
They're not in office.
I'm talking about the ones in office.
I'm talking about the ones with power.
I'm sure Reagan Democrats.
There's some Democrats out there who are, as you say, but they're not in elective office.
No, no.
They're part of the establishment who they are selling our country short.
They are making it so that we are no longer a prosperous nation.
They are actually producing poverty among individuals that should be out there working, making a living, and being proud to be an American.
Not very impressed with the government.
Not very impressed at all.
And yet it's the finest country in the world.
Now, there's going to be a Democrat run for president someday again.
Somebody come down and say, smooth talker.
At what point are you going to say to yourself, they're all the same.
A Democrat is a liberal who believes in government first and foremost.
And you know that government doesn't create wealth.
It only confiscates it.
At what point do you think you'll ever get to the point where if it's a Democrat, I can't pull a trigger?
I'm talking about for president.
I'm talking about a big, powerful national office.
I mean, I couldn't even consider at this point a Democrat.
I'd have to waterboard them first to get the truth out of them.
You cannot trust people.
When they smooth talk us when they come home from Washington, the tipping point, by the way, Rush, do you remember that young lady in Washington, Pennsylvania that confronted Specter?
She was a young lady, and she had the same tone I had.
In other words, you could tell the heart was racing.
You could tell she was frantic.
She was just a young mother, and she was frantic over this.
And I heard, I actually felt the same feeling when I watched her and how they made fun of her.
These people in Washington are literally laughing at the working Americans, the people who built this country.
Both parties are laughing at us, and we've really had enough.
That little girl said that.
We have had enough.
Specter got booted out.
I used to call his office every day, by the way, because I'm from Pennsylvania, and I have family there and a farm there.
And I would call in and I'd say, you're still there?
Are you going to let me talk to Arlen?
And I said, he's going to get booted out.
And I suspect when November comes, and people really do need to make it, they need to make it something that's first on their list, not last, go out and gather up everybody, because I assure you, I know what's being done in various communities to get other folks to vote.
But get folks to vote who want to build our nation back.
Make sure they're at the polls.
Don't vote Republican or Democrat, but you better know your person because they apparently can turn on you on a dime.
That's what we've just learned.
So we don't trust anybody.
Gail, I appreciate your holding on and undergoing my cross-examination here.
Thank you very much.
You're my hero.
Thank you.
All right.
It's Gail from Birmingham, Alabama.
If you're just joining us, if you didn't catch the beginning of this hour or the conclusion of previous hour, Gail called herself an independent.
You have just listened to somebody who may as well be a leader of the Tea Party movement, called herself an independent and voted for Obama.
And I was intent here to figure out how that could happen.
That's what this was about.
Okay, I got to take a time out.
We'll come back.
We will continue with much more right after this.
There obviously is some confusion about the political term independent.
A lot of people hear the term independent, and it means that you are in the middle of the political spectrum.
That you are neither a liberal or a conservative or a Republican or a Democrat.
And these people, by the way, are fought over by these political consultants.
The people identify themselves as independents.
Anywhere from 15 to 20% of the electorate, this is where the Mike Murphys and the Robes of the world go every election to try to win for their clients.
And whatever it takes to get them.
If it's ideology, fine.
If it's pork, fine, whatever.
But apparently, this woman thinks she's an independent, but she's further to the right than most Republicans are.
And she gets ticked off at both parties for growing government.
And there are probably some independents who are further left than the Democrats are, if that's possible.
So moderates, you know, another term that gets lumped in with independence.
And I've always thought moderates are just liberals without the gust to say so.
And I stand by that.
No such thing as a moderate.
McCain calls him a moderate.
What's the definition of a moderate?
He works with Democrats.
Big whoop.
That's right.
Limblack and cross the aisle.
Fine.
Okay, that makes you a moderate.
You work with the other guys.
You work with the enemy.
Makes you a moderate.
But that's not who independents are.
So these rooming class types, we have to figure out it is the independents.
This woman is right who did.
They were the margin of victory for Obama, and they have abandoned him.
Obama can go to all these college campaign all he wants, and he can try to rev up the Ute vote all he wants.
It isn't going to matter.
He can promise them to do anything.
He didn't try to inspire them, however, relive or reignite whatever existed during the campaign.
But who he's lost are the independents.
And the independents, this is a wild guess here, are going to the Republicans now the same way they went for Obama in 08.
Change.
Don't like what's going on now, and they pursue whoever's running the show is responsible.
So it was Republicans running the show 2007, 2008, even though in the House it was the Democrats from 2007 on.
So they're back and forth.
But at some point, at some point, we're going to get these independents to realize there's no such thing as a new liberal, and they're all bad.
I try this as a new definition of a moderate.
A moderate is what you get when you cross a Democrat with a human being.
And that's being charitable.
All right, Clarence in Carbondale, Pennsylvania, Carbondale, Pennsylvania.
I've heard of Carbondale, Illinois, but I've never heard of Carbondale, Pennsylvania.
It's a little bit north of Scranton.
Well, I've heard of Scranton, so at least I know where you are.
All right.
My son is a student at Penn State University main campus, and Joe Biden is speaking there this morning, or today.
And Happy Valley.
Yes.
He called me about 11.30, my son did, and he says, Dad, you're going to get a kick out of this.
He says, there's 25 old people standing in the line to see Biden.
That's it.
He said the Biden people are trying to give away tickets, and there are no takers among the students.
25 seasoned citizens standing in line to see Vice President bite me.
Yes.
And they couldn't give tickets away to the students.
No.
Wow.
Yep.
Well, you know, Obama, Obama went to New York last week in a fundraiser, and he had open seats at 50 bucks a pop.
He couldn't fill up a 650-seat auditorium, and they cut prices down to 50 bucks, and they still couldn't get people in there from the political.
Thanks very much.
Clarence, appreciate it.
A bill to provide healthful screwal lunches for low-income children.
A high-profile project of First Lady Mucha Obama has raised tensions between the White House and Obama's key allies in the House of Representatives.
May I just stop there?
A bill to provide, make sure I read this correctly, a bill to provide healthful screw lunches for low-income children.
Don't we have about 25 of those already?
Do we not now have school lunch?
We have school lunch.
We have school breakfast.
We have school lunch during the summer when there is no school.
We're even talking about school dinner.
So what is this?
A bill to provide healthful school lunches for low-income children?
As though we don't already have that?
What the hell is food stamps?
What the hell is a school lunch program?
What do you mean?
A bill to provide healthful school lunches for low-income children?
Who wrote this?
And the Abby Phillip and ah, a couple of women.
Here we go.
Feminization of the news business.
Chickification.
You know, a real journalist, when told that there's a bill to provide helpful school lunches to low-income children, instead of swooning, go, oh, that's so wonderful, would say, what do you mean?
many do we already have?
Anyway, let's continue now.
A bill to provide healthful screw lunches for low-income children, a high-profile project of the First Lady, has raised tensions between the White House and President Obama's key allies in the House.
Despite heavy lobbying by the First Lady, more than 100 House Democrats have balked at approving the Senate's $4.5 billion version of the nutrition bill because it's funded in part with $2.2 billion in cuts to SNAP.
SNAP is the federal food stamp program.
Now, we knew this was coming.
Remember how they passed some sort of a stimulus bill a month or so ago, and they were going to pay for it with cuts to the school lunch program.
And we all said, well, they'll fix that by the time they get there.
They're just saying this to give the impression that they're so-called paying for this.
But now, 100 House Democrats are upset that the $2.2 billion cut from the food stamp program, they want assurances from the regime that the funding cuts the Senate approved will be restored in the near future.
The White House preference is just to pass the bill, said a congressional staff member speaking on condition of anonymity.
So far, our folks are not willing to do that.
Under pressure from advocacy groups and the first lady to pass the bill before the current authorization expires a couple of days from now, West Wing efforts to persuade House allies to support a second cut to food stamps have escalated to a frantic race against the clock.
Well, this is absurd.
The first lady, frustrated over the pace of the legislative process, has applied pressure behind the scenes on the president's aides as well as on lawmakers.
Now, this pressure behind the scenes is not specified.
We do not know what she got up in the evil thigh squeeze out there.
What's she doing to these people?
Well, have you seen them?
Crying out loud.
Remind there was a there was a bond movie, GoldenEye.
And one of the female bad people was her last name was Onatop.
Something like Savetlana Onatop.
And her way of killing her enemies was to get them to vice grips between her thighs and squeeze them.
Well, that was a bond movie.
But when I see here that the first lady, frustrated over the pace of the legislative process, has applied pressure behind the scenes, and they don't specify it.
What's she doing?
For a silly, stupid school lunch program that we've already got.
Ernie in Harlem.
Is this Harlem, New York?
Yes.
I'm Mr. Limba.
Hi, Ernie.
Thank you.
I listened to the lady from Birmingham.
Yeah.
And I feel just the way I feel like her.
I am a black Republican living in Harlem.
My wife and I, we run two small businesses.
But let me tell you something right now.
I'm not worried about the Democrats.
Do you know why I'm concerned about these rhino Republicans?
I noticed that each time you talk about those who are running for president for 2012, you know, and I listen to Mitt Romney, and they call all these names.
And then whenever they seem to get to Sarah Palin, they somehow say, oh, the people think she has unfavorable rating.
I'm going to tell you something, right?
Rush, and I'm going to get to the point.
The only reason why we black Republicans voted for John McCain was because of Sarah Palin.
And I'm going to tell you straight up right now.
If these rhino Republicans do not allow Sarah Palin and the people who decide to get that nominee, you can call it a day because I know the game that they're playing.
I listened to Pat Buchanan on Hannity telling Hannity everybody else is good except Sarah Pillin.
And each time, it's like the Republicans are afraid of her.
They are being worse to her than the Democrats.
And no one is seeing that.
No one is even bringing that up.
I'm surprised.
Sarah Pillin is the only person who took on the establishment in Alaska.
She did, okay, right from the bottom all the way to the top.
No one is mentioning that.
When everybody else was talking, she's the true conservative.
You don't have to like everything about her.
But I'm telling you right now, I'm listening to these Republicans rush.
And all they did, because the Tea Party, she was out there from the get-go, front and center.
And when she resigned as governor in Alaska, every Republican was just bashing her, bashing her.
And all of a sudden, watch them rush.
They're running behind her.
As soon as she goes to Ohio, there comes the Romney.
So everywhere she's trending behind her, talking their game.
She's good to galvanize the base, but she's not good to run for president.
I hear you, Ernie.
Ernie, I hear you, man.
We're not going to have that.
They did this with Barack Obama.
You're basically talking about ruling class Republicans who don't want to do that.
Practically everybody who voted for McCain did so because of Palin.
Absolutely.
Absolutely right.
I knew you'd agree with that.
Okay.
And Republicans are sick and tired of seeing Sarah Palin destroyed.
They know the Democrats are going to do it, but they don't like seeing Republicans join in on that.
And I'm listening, Mr. Limba.
I've listened, Glory Trade, listen to Sean Hannity interviewed Pat Buchanan.
Every one of these guys, you keep hearing them.
She's out there doing what they are doing, being a true for smaller government and less taxes.
Hold it a second.
Ernie.
Yes.
Where did Hannity interview Pat Buchanan?
He interviewed him on his radio program.
Oh, I was going to say, Buchanan's on PMS NBC.
I can't imagine Buchanan going on fire on Hannity's radio show.
Oh, okay, okay.
Yes.
It was an Israeli show, and I listened, and after watching these Republicans, even here in New York, we are proud to vote for Paladino.
He's not perfect, but we are proud to vote for the man, okay?
We're going to get rid of him here in New York.
Hey, folks, I got a question for you.
Does Ernie sound apathetic here?
Ernie does not sound.
Ernie, you're not apathetic.
Ernie's fired up.
Ernie's wired.
Now, Obama cannot fill the room at Madison, Wisconsin today.
We've got people.
I got spies there, and I'm told Obama cannot fill over.
The students are having nothing to do with Obama in Madison, Wisconsin today at the university.
It's those people who are apathetic.
The Republican Party had better be listening.
This is Ernie.
He's from Harlem.
Believe me, but Ernie, they are there as they're every bit as institutionally opposed to conservatives as the ruling class Democrats are.
The difference is that the ruling class Republicans will make it look like they're interested in because they'll take their votes.
But after that, all bets are off.
Now, Ernie is from Harlem, talking about Sarah Palin and how the Republicans better stop destroying her or it's over for them, the elite Republicans.
Ernie is from Harlem.
You might say, by the way, the bond character was Xenia Onatop.
It was spelled O-N-A-T-O-P-P, Xenia Onatop.
Sarah Palin is our Xenia Onatup.
Back after this.
Sounds also like Ernie in Harlem is fed up with a status Cuomo as well.
There's an earthquake.
I mean, we're getting the first tremors out there now.
Look at this.
This is from the state-controlled Associated Press.
Democrat Party Chairman Timothy Kaine, also known as the I, says he sees no slight, no, no slight at all in Democrat Russ Feingold skipping a campaign rally tonight where Obama's appearing on his behalf.
No.
No slight.
I mean, who would possibly think that's a slight?
You got the president going into Wisconsin for an appearance to help Feingold, and Feingold's not going to be there.
And everybody thinks, hey, that's a slight.
No, it's not.
Why would anybody think that?
I mean, it's like got a guy named Barack Hussein Ayatollah, Obama.
Why would anybody think?
I mean, why would 20% of people think he might be a Muslim?
He's all for the mosque.
Why would anybody think that Imam Obama going in to raise money and campaign for Russ Feingold in Wisconsin and Feingold's not there?
Why would anybody think that that's a slight Feingold's Republican challenger, Ron Johnson, leading the polls by an average of 8.4 points, as much as 11 points in some of the polls?
So at a time when Feingold is trying to appeal to moderates, desperately in need of votes in one of the most liberal areas, being seen with Obama might not be a good idea.
It's probably a very smart thing.
He's trying to get moderates.
He's trying to get independents.
Here comes the Imam.
It's a smart thing here.
Tim Kicklow, of course not.
I mean, and Obama's having trouble recruiting students in Madison.
Why would that be?
Student loans can't be paid back.
Student loans can't be gotten, and there aren't any jobs.
Why would students not want to go see the president?
Gail from Birmingham talked about the woman on Hannity with the town meeting with Spectre.
Her name was Katie Abram.
This is August 2009, Lebanon, Pennsylvania.
I am a Republican, but I am first and foremost.
I'm a conservative.
I don't believe this is just about health care.
It's not about TARP.
It's not about left and right.
This is about the systematic dismantling of this country.
I'm only 35 years old.
I've never been interested in politics.
You have awakened the sleeping giant.
We are tired of this.
This is why everybody in this room is so ticked off.
I don't want this country turning into Russia, turning into a socialized country.
That's Katie Abram.
Town Hall meeting with Spectre 2009.
That's what Gail in Birmingham was telling us about.
Now, Gail voted for Obama.
This is the great disconnect.
Queens, Joe and Queens, great to have you on the program, sir.
Nice to welcome you to the EIB W.
Yeah.
You made a statement earlier, and I hope I get it correct, that the Federal Reserve was pumping money into the stock market.
Is that correct?
Yes, the Federal Reserve is providing money for banks and owners to buy stock.
Yes.
Okay.
First of all, are you sure of that information?
Well, it's coming from one of these multitudinous websites, these tips, these Wall Street guys, independent analysts and advisors and their group that I, you know, everybody has these sites that they launch onto, and if they turn out to be true about a ride of things you listen to, I can't think of the name right off the top of my bat or top of my head, but this is what the conventional wisdom is.
It's not just this website saying it.
A bunch of others are saying it, as well as the fact that it's not your average ordinary Joe buying stocks.
It's the Fed popping it up.
Plus, the people who are buying stocks are excited about the possibility that the Democrats are not going to be running Congress soon.
Okay.
Second of all, could you possibly give me the web address so that I can check this out myself?
Well, if you can find it here, I mean, are you saying that I'm making this up?
Professor, I'm just following advice that you yourself once said when I first started listening to you 19 years ago.
All right.
Are you ready?
Here's the website.
This is one of many, but one's the Motley Fool.
Is Fed buying behind the stock rally?
Are you ready?
www.fool.com slash investing slash general.
And then 2010-01-08 is Fed buying behind the stock rally, APS.
You go to Motley Fool search or you'll find it.
Okay, and one last thing.
Is there a timeline approximately how long this has been going on?
Recent.
I'm sorry?
Recent.
September.
September is normally a swoon for the stock market.
Stock market traditionally loses value.
The short sellers make out big time.
The short sellers are having to cover their...
The people that traditionally count on a market decline in September are getting sandbagged here because the market's skyrocketing, as you can see.
It has the whole month.
It's shocked everybody.
People are trying to figure out, okay, why?
What is this going on?
Here's the question.
Do we have the Federal Reserve to thank for the recent stock rally?
The only logical answer is yes, according to TrimTabs, a research firm that tracks money flows in and out of the stock market.
It's a research firm that the only, yeah, there's a line of reasoning here because stocks gained $6 trillion in aggregate market value starting in mid-March, and it's really ratcheted up in September.
And the average guy's on the sideline here.
Joe, the average guy is on the sideline.
The average guy is staying out because the tradition is the market loses value in September.
It's all about propping up Obama.
Call Ben Bernanke and ask him if you can get through.
All right, here's another website: www.zerohedge.com.
The Federal Reserve intervened at 10:15 this morning to save stocks.
Well, they didn't go up, but they were starting to crash today.
Stocks were starting to go down.
It was looking good.
Somebody stepped in to stop it.
Two years ago, the Fed moved in to save Obama, get him elected.
And now look what's happening as we approach another election here.
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