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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, Rush Lindboy and the Excellence and 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, Ill Rushbo at EIB net.com.
All right, I want to go back to uh Gail in Birmingham, Alabama.
Don't misunderstand.
I loved what you said.
What you said is rad on rad on rad on rad on.
But here's my question.
You started out by saying proudly that you were an independent.
Right?
Correct.
Now you you uh you ticked off rat tat tet exactly what was wrong with Obama.
Now it is my opinion, you're 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 that it's who the guy was, because he's a Democrat.
He's a liberal Democrat.
There's nobody yet we I I'm I'm really curious.
I'm really interested.
I'm not uh 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 were really willing almost to a point of a flaw, were 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 t uh 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 who just you're 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 out of here.
Okay, Dad now wait, wait.
That's fascinating.
Let me stop you.
Don't lose your train of thought.
Let me start.
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, no.
I would say 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 gonna fall for it.
I mean, you've been there done that with him.
Here comes Obama sweet talking you, and he swooped you off your feet.
Well, he does because these are the kind of things those of us with 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 the so-called educated man.
And by the way, just having a PhD 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 gonna do it.
He gets into office, and I remember when he brought in all of his people and said, We're gonna be the most ethical group.
And I was cheering.
I was saying, isn't that wonderful?
That is terrific.
He's telling all these people we're not gonna have any of these people here that are been involved in any money.
If you've been a lobbyist, you're not gonna be here.
Well, I got fooled on that too.
And then we're not one dime more.
If you we're taxes aren't gonna go up, not one dime.
No, they're gonna go up hundreds of dollars.
All right.
Now, let me let me interrupt you again, because I'm I'm assuming here when you when you're probably gonna claim you're an independent, what you also mean is that you are not ideological.
You're not liberal, you're not conservative, and at least you don't think so.
You want to you don't want to.
I'm no, I'm I'm uh I grew up on a farm in western Pennsylvania, so I'm very conservative.
And my family would have been uh the some of the founders of this country years ago.
Right.
So no, I'm very conservative that I consider myself open.
And by the way, bright uh as a general rule, people in America are very bright, and but they can be taken in by hucksters.
And we just get taken in and we're like incredulous.
We're going hot at this house.
Now we can't get out of it.
I know it is it is the so-called independents who you you have you've been kicked in the gut by what Obama's done so far.
Now you've you've com you've compounded things for me.
Now 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 he was maybe not as honest and forthcoming about uh 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 I'm you're very smart woman I can tell and I as an American and of course in my role here as uh commentator 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 did 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 two thousand seven and two thousand eight 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 the people in Congress to do anything constructive.
We essentially had if what I'd really want is term limits and flat tax 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, the 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.
But I wasn't until you rejected me.
I don't take it personally don't but I was saying all this during a 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 taking it personally I'm not going to write a book about it.
I'm just you know I'm just a little humored there.
I'm just this is I wonder because you're a smart woman maybe I'm maybe I'm defining independent wrong.
When I think of independent I guess 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 as you 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 say it's they're Republican but they're really more in tune with the average individual in America who wants best 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 would you would you say 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're you don't fit, I don't think what the uh conventional wisdom definition of independent is, at least not the that that I understand.
That's where I'm having my trouble understanding what you're doing and your thoughts.
I'm very much anti-government, the way they have um they built it, the regulations that they have are loss of liberties.
It's so tragic.
Now um 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 vote for the R or What did Obama ever say that reflected your world view?
What what did he ever say that was conservative?
He said nothing conservative, plus I 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 uh with uh 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 mean 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 uh didn't.
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 actually a socialist.
You couldn't pull the trigger from a Cain as a conservative, right?
Uh no.
No, I could not, and I couldn't.
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 from McCain, no matter what.
And so you're willing to take a risk with a guy who m is at least represents the promise of something new.
Yes.
You roll the dice.
Um I can't the repo 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 the words that you're hearing out of the folks in the Tea Party.
Rush, I I um 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, Russ, 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.
But my Republicans need to listen to us.
I agree.
Democrats, I don't expect it.
They're not.
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.
There may be some.
I'm sure they're gonna Reagan Democrats, there's no Democrats out there who uh are as you say, but they're not an elective office.
No, no.
They're they're they're part of the establishment who is sell they are selling our country short.
They are making it so that we are no longer a prosperous nation.
They are giving 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 I d i i i it th there's gonna be a Democrat run for president someday again.
There's gonna be somebody come down and say, is a 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 and only confiscates it.
At what point do you think you'd ever get to the point where if it's a Democrat, I can't pull a trigger.
But I'm talking about for president.
I'm talking about big, powerful national office.
I can no longer 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 s they smooth talk it's when they come home from Washington.
The tipping point, by the way, Rush, do you remember that young lady in Washington, Pennsylvania that um confronted Spectre?
She was the 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 is never 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.
Spectre got booted out.
I used to call his office every day, by the way, because I 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 gonna let me talk to Arwen?
And I said he's going to get booted out.
And I suspect when November comes, and people really do need to make it there.
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 they're 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 poll.
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 uh undergoing my cross-examination here.
Thank you very much.
And you're my you're my hero.
Thank you.
All right, it's Gail from uh 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 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.
Now, 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 Murphy is in 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 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...
Another term that gets lumped in with independence.
And I've always thought moderates are just liberals on that to 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.
And crush 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 uh these uh ruling class types uh we have to figure out it is it is the independence.
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 campaigns all he wants, and he can try to rev up the youth vote all he wants.
It isn't gonna matter.
He can promise them do anything.
He didn't try to inspire them, however, you know, relive or reignite whatever existed during the campaign, but who he's lost are the independents.
And the independents, this is 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 a 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.
Hey, try this as a uh 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 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 uh 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 said, Dad, you're gonna get a kick out of this.
He said there's 25 old people standing in 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.
Twenty-five seasoned citizens standing in line to see a 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 and a fundraiser, and he had open seats at 50 bucks a pop.
He couldn't fill up a 650-seat auditorium.
And they they cut prices down to 50 bucks, and they still couldn't get people in there from the political.
Thanks very much.
Clarence appreciated a bill to provide healthful screw lunches for low-income children.
A high-profile project of First Lady Muchell 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 twenty five 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 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's a school lunch program?
What do you mean?
A bill to provide healthful school lunches for low-income children.
Who wrote this?
Andy or 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?
How many do we already have?
Um, let's continue now.
High 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 four and a half billion dollar version of the nutrition bill because it's funded in part with 2.2 billion dollars 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 a hundred House Democrats are upset that the two and 2.2 billion dollars cut from the stool uh the uh 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 them in the evil thigh squeeze out there.
What's she doing to these people?
Well, have you seen them?
Crying out loud.
Remind me, there was a there was a Bond movie, uh uh Goldeneye.
And one of the uh one of the female bad people was her last name was umotop.
Something like Svetlana Onitop.
And her way of killing her enemies was to get them in a vice grips between her thighs and squeeze them.
Well, that was a bond movie.
But I'm when I when I 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.
Hi, Ernie.
Thank you.
I am I listened to the lady from uh was it Birmingham?
Yeah, and I 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, I listen to Mitt Romney, they made and they call all these names, and then whenever they seem to get to Sarah Palin, they somehow say, oh, the people they shared unfavorable racing.
I'm gonna tell you something, Rhino, I'm gonna 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 straight up right now.
If these Rhino Republicans do not allow Sarah Palin, and the people will decide to get that nominee, you can call it today.
Because I know the game that they're playing.
I listened to Pat McCann on Hannity, telling Hanneke, everybody else is good except Sarah Pillanna.
Each time it's like the Republicans are afraid of her.
They're being worse than 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 uh there comes around there.
So everywhere she did trend behind her, talking their game.
She's good to galvanize debate, but she's not good to run for president.
I hear you, Ernie.
Ernie, I hear you, Ben.
We're not gonna have that.
They did this with the Barack Obama.
Well, you're you're basically talking about ruling class Republicans who don't want exactly what we and practically everybody who voted for McCain did so because of Palin.
Absolutely.
Absolutely right.
I knew you'd agree with that.
Okay.
And and Republicans are sick and tired of seeing Sarah Palin destroyed.
They know the Democrats are gonna do it, but they don't like seeing Republicans join in on that.
And I'm listening, Mr. Limba.
I'd listen.
Glow the credit.
Listen to Sean Hannity interviewed Pat McKenna.
Every one of these guys, you keep hearing them.
She's up, she's out there doing what they aren't doing, being a true with smaller government and less taxes.
Hold on a second.
Ernie.
Yes.
Where did Hannity interview Pat Buchanan?
He interviewed him on his uh on his on his radio program.
Oh, I was gonna say Buchanan's on PMSNBC.
I can't imagine Buchanan going on fire.
Oh on Hannity's radio show.
Oh, oh, okay, okay.
Yes.
It was in his radio show, and I listened, and I'm after watching these Republicans.
I'm doing here in New York.
We are proud to vote for Paladina.
He's not perfect, but we are proud to vote for the man, okay?
We're gonna 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 wire.
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 it with 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.
Uh believe me, but they're j 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, um, all bets are off.
Now Ernie is from Harlem, talking about Sarah Palin and how the Republicans have 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 Onitup.
It was spelled O N A T O P P Zenia Onitup.
Sarah Palin is our Zenia Or.
Back after this.
Sounds also like Ernie in Harlem is fed up with a status Cuomo.
As well.
I mean, we're getting the first tremors out there now.
It's really look at this.
This is from the um state-controlled associated press.
Democrat Party Chairman Timothy Kane, 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, no slightly.
I mean, who who would possibly think that's a slight?
You got the president going into Wisconsin for an appearance to help find gold, and fine gold'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 who's saying Ayatollah, Obama.
Uh why would anybody think?
I mean, why would 20% of the people think he might be Muslim?
He's all for the mosque.
Why would anybody think that uh uh Imam Obama going in to raise money and campaign for Russ Feingold in Wisconsin and Fein Gold's not there?
Why would anybody think that that's a slight fine gold's Republican challenger Ron Johnson leading the polls by an average of 8.4 points, as much as eleven points in some of the polls?
So at a time when fine gold is trying to appeal to moderates, desperately in need of votes, um, in one of the most liberal areas, being seen with uh 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 independence.
Here comes here comes the imam.
It's a smart thing here, and Tim kick off.
Of course not.
I mean what 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 are any jobs.
Why would students not want to go see the president?
Gail from Birmingham talked about the woman on Hannity with the uh uh town meeting with Spectre.
Her name was uh 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 is telling us about.
Now Gail voted for Obama.
This is the the great disconnect.
Uh, Queens, Joe in Queens, great to have you on the program, sir.
Nice to welcome you to the EIBW.
Yeah.
Uh you made a statement earlier, and I hope I get it correct.
That the Federal Reserve was uh pumping money into the stock market.
Is that correct?
The f yes, the the Federal Reserve is providing money for banks and others to buy stock, yes.
Okay.
First of all, are you sure of that information?
Well, it's coming from one of these uh the multitudinous websites, these tips, these Wall Street guys, independent uh analysts and advisors that what in their group that I uh, you know, everybody has these sites that they launch on to, and if they turn out to be true about a right of things you listen to.
Uh I can't think of the name right off the top of my bat or top of my head, but uh this is this is uh what the conventional wisdom is.
It's not just this website uh saying it, a bunch of others are saying it as well, as well as the fact that it's not your average ordinary Joe buying stocks, it's uh is the Fed popping it up, plus the people who are buying stocks are excited about the possibility that the uh Democrats are not going to be running Congress soon.
Okay.
Uh second of all, uh, could you possibly give me the uh web address so that I can check this out myself?
Uh the web well, if you can find it here.
I mean, I'm are you are you saying that I'm making this up?
Uh Professor, I'm just following advice that you yourself uh once said when I first started listening to you 19 years ago.
All right, here's advice that's are you ready?
Are you here's the here's the website.
There's this is one of many, but one's the Motley Fool.
Is Fed is Fed buying behind the stock rally?
Are you ready?
Www.fool.com slash investing slash general.
You just and then 2010-0108 is Fed buying behind the stock rally.
APS.
You go to Motley Fool search where you'll find it.
Okay, and one last thing.
Uh is there a timeline possible?
How long this has been going on?
Uh recent.
I'm sorry?
Recent, September.
September is normally a 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 it's the 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?
Okay.
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 um uh the only actual Yeah, it's it's a it there's a line of reasoning here uh because stocks gain six trillion dollars 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 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, there's another website.
www.zerohedge.com.
The Federal Reserve intervened at 10 15 this morning to save stocks.
Is the subject 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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