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Oct. 7, 2010 - Rush Limbaugh Program
37:35
October 7, 2010, Thursday, Hour #2
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So, Obama doesn't really know what's going on.
If he doesn't know what's going on, how come he's leaving for twelve days to India and other places two days after the election?
He'd beaten tracks out of the country.
He is abandoning the fruited plain.
Two days after the election for 12, almost two weeks, heading over there to India.
And look at this, two-thirds.
Two-thirds of the American people think the stimulus was a waste.
When was the last time two-thirds of the American people agreed on anything?
This is from uh what the Hill.com.
Well, immigration was the last time two-thirds of yeah.
Uh over two-thirds of Americans believe Obama's signature stimulus bill was a waste.
A new poll found Tuesday.
Sixty-eight percent of Americans said they think that the uh the porculus bill was a waste compared to just twenty-nine percent who think the money was well spent.
See, Obama knows what he's trying to do is hugely unpopular.
That's he can't go out and campaign with any Democrat.
He can't even campaign for Ron Emmanuel in Chicago.
He's avoiding Rom and Manual in Chicago.
And when he has gone out and campaigned for Democrats, they've lost.
Creed deeds.
Anybody, any number of Democrats he's campaigned for have gotten shellacked.
He doesn't dare campaign for Rahm Emanuel.
And is not because he's personally unpopular, it's because his policies are hated.
And even so, he's not going to renounce them.
He's not going to change them.
It's his policies.
I don't think anybody inside the beltway who thinks Obama's unpopular for anything other than his policies are missing it.
Two-thirds of the people of this country oppose Obama's policies.
That is what's happening.
If Obama was going to change his tune out there and move to the middle, wouldn't you think he'd do it right now?
Maybe salvage Democrat control of the Congress?
Not gonna.
We'll just we'll just have to wait and see here.
But I just I don't think we're gonna get anything other than Obama trying to sneak and trick and ramrod his agenda through despite a Republican majority in the House and in the in the Senate.
All right, hurricane prediction.
Been reading these reports, all the CYA going on out there.
We were right, you know.
We were right about the number of names.
We were dead on the money.
We said we're gonna be a whole bunch of name storms, and it were gonna be more pre- Don't think that this was a light, inactive hurricane.
See, don't think that it was busy out there.
Just none of them hit us.
So they're out there in the CYA.
Here's my prediction.
By the way, and these people had to revise their predictions throughout the hurricane season, remember?
My prediction, I didn't have to revise it once.
Here it is.
I'll make a prediction.
There will be between zero and forty storms this year.
There'll be between zero and forty to become hurricanes, between zero and forty to become major hurricanes, and between zero and forty that uh impact the United States Gulf or East Coasts, and between zero and forty who wipe out a city.
There you have it.
My prediction is gonna be more accurate than anybody else's.
Now there you wait and see.
Voila.
There it is, between zero and forty.
My prediction right on the money.
Nobody can dispute it, and as I say, I did not have to revise it.
Retailers should see their best Christmas sales in four years, as consumers now show some inclination to spend money despite a minimal recovery in the economy, according to a series of recent forecasts.
Still, this is uh Reuters, by the way, still discounters are likely to be among the most popular shops because consumers remain cautious, experts said.
The National Retail Federation forecast on Wednesday a 2.3% increase in sales in November and December, which would be the best performance since 2006.
Oh, interesting that year.
Best performance since 2006.
Bush when the recession began.
That's what they all want us to believe.
Consumers are still selective about what they buy and continue to focus on price, the National Retail Federation said.
Really?
That's um that's something new that consumers are selective and continue to focus on price, as though there was some indication they weren't going to focus on price.
Had you heard that.
I had missed the story.
I I missed a story where consumers used to not care what things cost.
When did that story run?
Because I haven't seen it.
It must have run because this story says that consumers are going to continue to focus on price.
High unemployment, a tepid economic recovery, have held back spending, even though the recession officially ended in 2009.
The National Retail Federation president Matthew Shea said, while there might be some economists who have concluded the recession is over, it's clear most consumers don't think so.
The forecast of a 2.3% increase compares with a 0.4% increase in 2009 and a 3.9% decline in 2008.
Okay, so here we we have 10%, 17% unemployment.
We have stories about people not spending money throughout this whole year.
That's why there's no economic activity going on and no consuming going on out there.
And now in the first week of October, we get a story that says it's going to be a great holiday season retail wise.
I don't even need to look to know there was never a story like this during the Bush years.
Every year it was going to be a retail disaster.
And here we're in the midst of a real tea retail disaster, a genuine economic disaster, and now we get a story about, hey, you know what?
It's gonna be great out there.
That's a great holiday season coming up.
Now, consumers are still gonna focus on price.
Like I said, I missed the story where consumers had forgotten to care about what things cost.
So price conscious consumers, see if I understand this, price conscious consumers are going to go on a spending spree while paying attention price, with high unemployment raging.
What are they going to shop with?
Ah, we have the answer.
Ladies and gentlemen, food stamps.
They are going to be shopping with food stamps.
Uh, and the reason they're going to be doing because Nancy Pelosi has said that uh food stamps are one of the greatest economic stimulus plans that we've ever had.
I have it right here.
I'm holding it in my formerly nickel fingers right here.
She's firing back at Gingrich.
Gingrich has got a letter out there that they got a record number of people on food stamps, and we need to be focusing on paychecks.
At a press conference in her hometown of San Francisco.
I mean, and folks, we will concede here that this woman is on crack and is crazy.
I guess I said I said I said that on Family Guy.
And nobody refuted the charge.
I mean, I haven't heard anybody deny it since the show aired on Sunday night.
Pelosi explained the food stamp program's multiplier effect.
The amount of money generated in a local economy as the result of the subsidy far exceeds the nearly $60 billion spent this year by the feds and is a surefire way to stimulate the economy.
For every dollar a person receives in food stamps, Pelosi said that a dollar seventy-nine is put back into the economy.
And the U.S. Department of Agriculture says even higher than that, uh at what a dollar eighty-four for every dollar food stamp.
I don't know how it's possible, but they're saying it.
This is of course she's on crack.
It's the biggest bang for the buck when you do food stamps uh and unemployment insurance, the biggest well now.
If that's if that's if that's the case, ladies and gentlemen, I mean uh if if Pelosi's right, and food stamps and unemployment are the most bang for the buck when it comes to stimulating the United States economy, then the economy should be stimulated like never before, since we have more people on food stamps than ever before, and unemployment is as high as it's been in recent years.
This economy ought to be overheating for crying out loud, the multiplier for every dollar spent in health in food stamps.
It puts a buck 79.
It puts a dollar 79 in what kind of currency is this?
Where can I start trading in food stamps?
I can't get this deal in the stock market.
I can't get this in my municipal bonds.
I want to start trading in food stamps.
Black market food stamps.
Damn right, I want to buy these things at below face value, because look at the profit I could make.
Shazam, folks, this is a me.
So uh that's how the retail experts see a rosier holiday season, more food stamps.
Now in New York, you need to be warned.
Mayor Bloomberg, who clearly has body image issues.
I mean, let's be honest about this.
And he had somebody who ought to have body image issues is that pencil neck geek up in Connecticut bloom and fall.
But anyway, they are going to demand that food stamps not be uh used.
Retailers not redeem them for sugary soft drinks.
Now, you know what's gonna happen.
The New York food stamp crowds is okay.
Fine, you know, fine, dude.
Here's what we're gonna do.
We're gonna take your food stamps and we're gonna go buy sugar.
And then we're gonna pour the sugar into our coke and our Pepsi.
That's what they're gonna do.
They're not gonna.
If they want sugar in their soft drinks, they're gonna get it and they're gonna get it with food stamps.
Now, one more thing here on this.
Retail experts see rosier holiday season.
This was yesterday at 12.09.
This story's of this is the 7th, so 24 hours old, basically.
But yet the New York Times published a story an hour and a half later, October 6th at 247 a.m.
The Reuters story is um 1209 a.m., very, very late on uh on Tuesday night, Wednesday morning.
Prospects continue to dim for holiday retail sales.
So here are the two headlines.
Reuters, retail, retail experts see rosier holiday season.
An hour and a half later, New York Times, prospects continue to dim for holiday retail jobs as the economy sputters, prospects are dimming for unemployed workers who are banking on a seasonal retail job to carry them through the holidays.
After a disappointing back to scrubel season, many retailers say they intend to barely increase their seasonal jobs from uh last year when hiring was among the lowest in the 14 years tracked by the National Retail Federation.
So the National Retail Federation is just people can be spinning like crazy, but not enough for us to go out and hire seasonal workers to deal with the onslaught of traffic from price conscious consumers, first time in a long time for that, using food stamps to stimulate the economy during this holiday season of 10.1% unemployment with the president leaving the country after the election for
12 days after losing the House and probably the Senate.
Hunky Dory, everything's fine out there, folks, not a care in the world.
Ha.
How are you?
Nice to have you, Rush Limbaugh here on the Excellence in Broadcasting Network.
New York Times has a story, which I just I again have to laugh at because I don't believe it.
The story is that the regime lied about the oil being spilled into the Gulf, that the regime did not tell us how much, that they downgraded, they deemphasized it.
That much, much, much more oil was spilling into the Gulf than the regime admitted.
In other words, the regime lied.
Now I I forget who did the report that the Times published.
Doesn't matter.
I don't like everything else in the Times, I disagree with it.
We said almost from the beginning, the spill wasn't nearly as bad as the administration said for crying out loud.
How can the Times do this?
Do they think we not have memories?
When the spill happened, Obama sent SWAT teams down there.
He sent big cis down there.
He sent a whole Carol Browner, all kinds of people down there.
And they started warning about oil splashing up on the beaches.
We got warnings about all the dead pelicans and all the dead fish.
Oh, it was horrible.
We got the we I mean, it was so bad we had to shut down all drilling in the Gulf, which, by the way, is still shut down.
And it was I, L. Rushball, along with this CEO of BP was, you know, it's dropping the bucket compared to the water volume of the Gulf of Mexico.
It's not that much.
And now they can't find any.
They're having to tell us.
Yeah, there's a giant plume out there, Limbo.
It's underneath the surface.
Can't see it, but it's out there.
And we know it's out there, and it's just causing all kinds of havoc.
But they didn't play down the oil.
Well, who who thought they played down the oil spill as it was happening?
They didn't.
They played it up as an excuse to stop offshore drilling.
And they were trying to pass cap and tax while this was going on.
They this was a disaster they loved.
They couldn't wait to expand on this disaster.
This crisis.
And now there's a report out that they regime lied about the amount of oil coming out that it was far, far, far worse.
The regime did not want us to know how bad it really was, because the regime didn't want us to know how ineffective they were in dealing with it.
What a crock.
There's more crock in the news today than usual, and every day, the whole cycle is a crock.
I mean, from the multiplier effect of food stamps to the conflicting news on retail spending and jobs in the holiday season.
You remember back uh September 2008.
Gasoline prices rose to four bucks a gallon.
And then we had the near collapse of the financial system.
McCain was leading in the polls when all this was going on.
And McCain suspended a campaign to go back to deal with the crisis, and that was it.
We had the two bailouts, then we had the auto bailout.
Gasoline price rising to four dollars or more, depending on where you were in the country per gallon, just in time for the election.
Now stick with me on this.
That helped crash the economy.
I mean, the price jumped a buck and a half, seemingly overnight.
That percentage increased that quickly it affected people's driving spending habits, contributed to the economic crash and slowdown under Bush's watch, see.
All this happened in September under Bush's watch.
Now that the midterms are looming, they're less than a month away.
The Democrats are in power.
As I look at the drug report, oil is hidden way back.
$85 a barrel.
Oil's up to $85 and climbing up, ladies and gentlemen.
The gasoline price pretty much holding steady.
Even though we have the BP spill, the Obama drilling moratorium, and a thousand other reasons for prices to skyrocket.
Yet they're holding steady here.
Right before the midterm elections.
I'm just saying.
All right, we go to the phones.
People have been patiently waiting, starting my adopted hometown of Sacramento.
Jeff, great To have you, sir, on the EIB network.
Hey Rush, how are you doing today?
Very well, thank you.
Yeah, I've been listening to you since you've been in Sacramento.
That's over 20 years.
I'm 41 now, and that was back when I was 16 years old.
Wow, that was 1984, so you were talking 26 years.
Exactly.
Yeah.
That's a generation.
Yes, sir.
Yes, sir, and I've learned a lot from you.
Thank you.
You've helped me through the years, let me tell you.
Thank you very much, sir.
And also, also, uh, real quick, we had the same anniversary date.
I got uh married on the same day as you.
I want to give a shout out to uh Stacey at Roseville Safe Heart Dispatch.
I love you, babe.
Anyway, uh and congratulations to you on your wedding, Rush.
You bet, thank you.
Uh, what I call for is uh you confused me this morning when you're talking about the uh health care because you told us we were told specifically that companies such as uh McDonald's and Burking uh we needed to pass this because those companies were greedy and didn't have health care for their part-time employees.
Right.
And now we're being told that they need an exemption to I guess continue doing what they were accused of not doing all along.
That's a brilliant point.
There's a the you it's this is evidence of what can happen to your brain with steady exposure to this program.
You are right on the money.
You're because we do during this whole health care debate.
Have we not heard what a bunch of rotten SOBs McDonald's are?
And Jackson the Box and Arby's and all around is flipper job.
They don't even provide health coverage and health insurance and employees.
And now we learn that in order for them to continue to provide health coverage, which we were told they weren't providing health insurance, uh, they need an exemption.
They need a pardon.
They need to be allowed to break and violate Obamacare.
Great point, Jeff, and we will be right back.
Ladies and gentlemen, a renowned international scientist.
In fact, our official EIB climatologist, Dr. Roy Spencer, has asked me for my hurricane prediction for 2011.
Even though the I mean, technically the 2010 hurricane season isn't over until November 30th.
Is it Yeah.
Yeah, November 30th.
It's a turtle lights that go back on November 1st.
I always get the end of hurricane season and turtleite season confused.
But now I got it.
Even though hurricane season is still going on, Dr. Spencer has asked that I predict for 2011, and he wants me also to factor in a possible La Niña or El Nino or El Neutral.
Those conditions in the Pacific and in the tropics.
Dr. Spencer's asked for a long-range forecast incorporating all of these variables.
La Niña, El Niño, El Neutral.
And here it is.
I'll make a prediction.
There will be between zero and forty storms this year.
There'll be between zero and forty to become hurricanes, between zero and forty to become major hurricanes, and between zero and forty that uh impact the United States Gulf or East Coasts, and between zero and forty who wipe out a city.
There you have it.
My prediction is going to be more accurate than anybody else's out there.
You wait and see.
My my prediction for the uh 2011 hurricane season, the first out, by the way, with my prediction, and probably a prediction made with more confidence than anybody else's prediction, which won't come until next spring.
Again, another shining example of being on the cutting edge.
You learn about everything here first.
This McDonald's health bill waiver.
I I still can't get over this.
Especially when you start when when we first heard about this, we first heard about it.
Remember the White House put out a story that McDonald's was lying.
Remember that.
White House puts out a story at uh the McDonald's memo, internal memo to employees.
You may uh you might lose your uh health uh health coverage here for we have to be held accountable to the law.
Man, they jumped right to a White House said that's a lie, that's not true.
And turned out to be true.
In fact, the waivers were already underway when the White House was denying that there were going to be waivers.
Also, a an interesting email.
A guy sends me his opinion on why the Democrats are not panicking over their upcoming loss.
You know, last couple of days we've had people call here and say, Rush, you know everything.
How come the Democrats aren't panicked?
I mean, everywhere you look, they're gonna get shellacked and they don't seem to care.
And I have answered, as you've heard.
Well, Regis, one of the subscribers at Rush 24-7 says it this way.
Rush, here's why they're not panicked.
For two days, the lack of Democrat panic about an upcoming electoral disaster has been mentioned on your show.
Why would they panic?
Let's look at this as a football game.
The Republicans held the ball for twelve years.
They slowly moved down the field.
They got to the red zone, failed to score a single touchdown.
They just kicked a field goal from the five-yard line.
The Democrats, by comparison, when they got the ball through a Hail Mary on first down, scored a touchdown, made a two-point conversion, recovered the ensuing kickoff, had a successful onside kick, and now are throwing more touchdowns.
Three touchdowns and two-point conversions in about 90 seconds.
The Republicans matriculated a ball for twelve years to a field goal, meaning Bush won and Bush two.
But Obama in a year and a half has run the score up to 45 to 3.
And the Republicans are already signaling when they get the ball back, they don't think they can score.
May play ball control again for a couple of years.
So why would the Democrats panic?
They got a 45-3 lead.
The Republicans are already saying, yeah, we're gonna get the ball back, but we're gonna just gotta hold on to it for a little while.
So if you look at it, for example, this is really a good analogy.
If you forget the four-year cycle, imagine your team's in the Super Bowl, and in the third quarter, your team's up 45 to 3.
Are you really worried?
If they score couple touchdowns, are you really worried?
No, because they're not gonna overtake you.
That's a pretty good analogy.
I like it.
Well, I want to share it with you.
Brian in Albany, you're next on the Rush Limbaugh program.
Hello.
Rush, hello.
You are the most intuitive man on the planet, so I have two questions.
Yes, sir.
Uh do you feel with your intuition that Boehner uh and McConnell have the conviction to repeal Obamacare even if we win the House and Senate?
Um, here's what I actually think.
I think that they are frightened that all of us are expecting them to repeal it, and they know they can't because they don't have the votes to override a veto.
So they are frightened that we think they are going to have much more control of the government than they actually will.
They are hoping we will be patient until the 2012 election until Obama is hopefully defeated.
They are hoping that we understand that even with big victories, there's not a whole lot we can do except maybe stop or put on the brakes.
The Obama agenda.
Mm-hmm.
Because they don't have the White House.
That is what my intuition tells me about where they are.
I agree.
And my other question is intuitively speaking, um, do you feel that Obama uh himself wants private industry to no longer be able to afford to provide health care, so it'll be a single player system.
Yes.
I don't think your audience understands that.
You've you've uh you've implied that, but do we need to understand that?
Well, uh, see, that that kind of frustrates me because for a Year and a half, I have I thought I've made this pretty clear that the whole point of everything in the health care bill is to price private sector insurance companies out of business, leaving only one place to go, and that is the federal government.
Obama himself, we've played the sound bites of Obama back in 2003 saying we're not going to get the single payer overnight.
It may take 15 years.
May take a while.
We've played all these sound bites.
We're going to have to do this piecemeal and get to the point where people will go to the federal government as last resort.
Because Obama knows people don't want to really have to go to the government for the health care or their insurance.
Only the people he's convinced it's going to be free are going to do that.
So I think the we've had a number of insurance salespeople and executives on this program call and update people on what the status of the business is at various stages of the implementation of Obamacare.
So I think we've been pretty clear, but if I need to say it again and again and again, I will.
The McDonald's thing, these waivers is proof positive.
If there weren't an election year, if this were not an election year, there wouldn't be any waivers, and these people would lose their coverage.
It's just that simple.
30 companies would not get waivers, and those employees would lose coverage.
They would not have health insurance, and they would be clamoring.
Oh.
And somehow it would be the Republicans' fault.
And there would be a crisis.
There would be an emergency.
How are we going to get them coverage?
Well, I guess we're up to speed up the federal exchanges, would be the answer.
As the secretary may determine.
In this case, the Health and Human Services Secretary, Kathleen Sabilis.
Brief timeout.
Sit tight, much more straight ahead, fastest, three hours and media roll on.
Hey, welcome back.
I am your guiding light, Rush Linboard with talent on the loan from God.
Look at the way Obama's gonna get to national health care single payer is by basically being patient, having people demand it because it's all there's gonna be.
He's gonna do the same thing with coal.
He's not gonna ban coal.
He's not gonna say coal's illegal.
He's just as he promised, gonna make it a losing proposition to go into the coal business.
It's gonna cost you an arm and a leg if you want to have a coal-fired plant.
You want to do it, go right ahead, but you're gonna be paying me taxes like you can't believe you're not gonna make a dime.
You're gonna lose millions doing it, but go ahead if you want to.
That's how he's going to do it.
Here's the guy asked me, do you think the uh what's your intuition on the Republicans?
And I I think that, you know, they're they're hoping we realize that they don't have the power to control a government even after the election because they're not gonna hold a White House.
One of the things that I think professional politicians are misunderstanding about this guy, one of the reasons I think I do understand him.
Everybody in Washington is a professional politician, and a professional in anything thinks a certain way.
A professional politician does not think outside the box.
Obama is not a professional politician.
Obama is a professional agitator.
He is a professional revolutionary.
He is a professional organizer.
His handbook is Saul Ilinski, not whatever handbook inside the Beltway politicians you is in their business.
Clinton was a professional politician.
Holding on to power, keeping his job was always number one, so that Hillary could then inherit his power.
Obama doesn't think that way.
He's not oriented to holding on to power.
His mode right now is destruction.
His mode, he wants to be an historic figure.
He wants to rule the world after he has worked his quote-unquote magic Here in the United States.
He wants to be asked to be Secretary General or the guy that the UFO people want to meet when they land.
You know, take me to your leader.
He wants to be that guy.
Lincoln didn't think he would be re-elected.
He didn't care.
And Obama sees himself as a new Lincoln.
You have to think outside the box.
You cannot, in analyzing Obama, you can't put him in the professional politic politician box and predict what he's going to do.
To understand Obama to predict what he's going to do, predict what he's going to do, you have to understand he's not a professional politician.
He's got other objectives than professional politicians.
And until our guys inside the Beltway understand that.
Until they're able to understand that Obama's not got the desires of the traditional political politician, professional politician.
They're not going to understand what's happening.
Who's next?
Marty in San Antonio, Texas.
Welcome to the EIB network.
Great to have you here.
Hi, Russ.
How are you today?
Very well, thank you.
Good.
I've been a fan for going back like 15 years since the Clinton years.
God bless you.
I know.
And guess what?
I'm from Pittsburgh, Pennsylvania.
Are you really?
I am born and raised.
Been a steeler fan since I can walk.
Um but what I wanted to um what I wanted to ask you about was basically what I call is the relevancy of Congress.
Yes.
And to me that means and I think a lot of people don't think about that, and that is they're hoping that we take the Congress and the Senate back.
And let's say that we do.
So then what happens?
They have all these expectations.
And you were you were giving an example just before.
You know, with uh what we what you were just saying.
Let me give the example of like the student loans.
Um financial purse strings are held in Congress's hands.
And with this Democratic Congress, they just gave that power away.
Right.
And I know that a lot of times um Congress has given away their power.
Uh that goes back to, I believe, Nixon, if not before then.
And that has happened in many um administrations.
So what I mean by that is even if we do take both houses back, with Obama doing the VARs and a lot of the power being given to them, even if we do take it back, what is the relevancy of Congress going to be?
That totally depends on what the Congress wants to make of itself.
The Constitution is the Constitution.
And if the Republicans who then own Congress want to hold Obama's feet and everybody else to the Constitution, then their powers will be theirs.
Even if Obama has usurped them, as you say with these czars and everything else, it just depends on what they want to do.
It depends on what their objectives are.
The House controls the money.
Obama still doesn't have control of that.
The House still all spending bills, all tax bills still originate in the House of Representatives.
I mean, some people have asked me, well, Rush, couldn't they defund, not pay for some of uh Obama's health care provisions.
Yeah, they could.
Will they?
I don't know.
If they if they try that, can you imagine this is nothing's gonna change in this regard.
The Democrats and the media are gonna be all over them.
They're gonna be the biggest baby killers, they're gonna be starving more kids, they're gonna be school lunch plan cuts all all over again.
You're gonna hear social security, Republicans want to cut your social security, want to kick you out of your house.
All of that's coming.
All that's coming.
So it it just depends on, you know, what what their own agenda is and what their what their medal is.
They're not gonna be irrelevant.
I mean, the the uh, you know, Obama still had to go to them to get the spending for a stimulus bill.
The Democrats gave it to him because he's in the same party.
So it's all, I don't care what question I am asked about this.
What do I think they're gonna do with healthcare?
They're gonna repeal it.
Uh are they going to be relevant or what have you?
It all's up to them.
We have a constitution.
We're gonna hold the president's feet to it.
Are we gonna start investigating some of this stuff that's happening?
Are we gonna investigate the money going to the czars and what they're doing with it?
I mean, if Daryl Issa wants, he can go to town on this.
There could be endless investigation, it just depends what they want to do with it and what they think their mandate is after they win the election.
Which they're always looking forward to the next one, by the way.
So sit tight back after the headline on the Drudge Report.
Spitzer as boring on TV as he was in bed.
Madam.
Spitzer's call girl is out there saying he's as boring on TV as he was in.
Can you imagine being Mrs. Spitzer?
I mean, it's and I can't wait until MSNBC hires the Brett girl.
Puts him on so Elizabeth Edwards can describe what he was like.
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