How about this great headline here in the uh Los Angeles Times?
I mean, I just I love this.
Pelosi's effectiveness is not rewarded.
It just was rewarded.
She is booted from her House seat.
Well, her speed is uh House Speaker, after making many enemies by pushing to passage the far-reaching health care overhaul and economic stimulus program and the revamping of financial regulations.
Historians predict.
This story says historians predict she will go down with the likes of Sam Rayburn and Tip O'Neill as one of the country's most effective speakers.
They are dreaming.
I mean, Mr. Sam was in there for 50 years.
Uh Tip O'Neill was in there for 150.
Uh Pelosi's in there for two years.
Oh four.
I guess she was in there speaker as as four years.
Uh but it on page two of the story, uh, in the end, she failed as Democrats lost the chamber.
Says it all, but Pelosi's effectiveness is not rewarded.
And from the political, can Obama pull a Clinton?
See, at this point after the 1994 midterms, Clinton said in his press conference that the president is still relevant.
You remember him saying that?
And why?
You people who were not with us in 1994.
You may not know, you may not remember, but Bill Clinton would the president is still relevant.
Uh and the era of big government is over.
The reason that he was saying the president is still relevant is because I was saying after the 94 midterms that he was irrelevant.
You can look it up.
I yes, I could come on this show and I can say anything I want, but I don't.
I mean, I can make it up, but I don't.
I actually said he was irrelevant and he was uh he was responding to me.
All he did was sign welfare reform and work to keep his butt on Air Force One.
That's what I said.
Uh and and that's what he was just wanted to stay in office.
Whatever it took to stay in office after 1994, that's all it took.
If it meant, you know, broom Hillary down the Virgin Islands, get rid of this health care business, uh, you know, Monica Lewinsky was over there waiting for me.
I had to get over there.
Uh, let's see.
Politico, politico rookies, they're anything but this is about the incoming freshmen.
They're older and wiser than in 1994.
They will vote as a block on spending and they will be a force.
They are as powerful as ever at this moment.
This is how the newbies are being described.
Now, this is the political, you know, sending a warning to the establishment.
Hey, look, these people are not the idiots that you thought you had in 94.
Now we're gonna help you take them out, but we want you to know.
Just um what you're dealing with.
From the LA Times, Obama Republicans reposition for shift in power.
The president, acknowledging his shellacking in the midterm election, says that he'll compromise on any issues, but he and Republicans appear poised for battle over the health care overhaul.
Uh the so much of this is just verbiage.
I remember after the 2002, maybe it was the 2002 midterms, or maybe the 2004 election, and the exit polling data suggested that values voters showed up in droves to vote against Democrats.
And a Democrat said, Well, no, we really didn't get that message.
We're gonna start paying more attention to values and stuff, and they did for two weeks.
They uh they talked about it.
Try this headline from the New York Times.
Power shift in U.S. stirs economic worries overseas.
As Republicans prepare to assert new authority in Congress, America's overseas trading partners worry that Washington's political upheaval may pose fresh challenges to the global economy.
Really?
The challenge to the global economy is Barack Obama and the Democrats, and they've just been neutered a bit.
By the way, you people are roll call in the LA Times, Pelosi's so effective that Heath Schuler.
Heath Schuler.
Mickey Mouse.
Daffy Duck said that he will challenge Pelosi for House Minority Leader if she doesn't act in the best interest of the party and step down.
That's how effective Pelosi's been.
That Heath Schuler.
He is going to challenge her for the leadership position.
Well, look at here is again.
I'm not I'm not going through this again.
Here it is in the second stack.
Politico.
GOP Senators fight over failure.
I'm not going there.
Let's go to the audio soundbites.
Mitch McConnell.
Oh Soon to be the well, he will be the he's gonna be the minority leader.
He still is.
Not soon to be, still is, will remain so.
Went over to the Heritage Foundation today to make a speech.
And I I watched a little bit of the speech.
There also was a QA.
And he was asked to explain the mandate.
Tuesday's election was not about Republicans, it was about the Democrats.
They got a report card.
They got an F. We'll see how they want to change direction.
And look, I've said repeatedly, and I'll say it again today.
I don't want the president to fail.
I want him to change.
We weren't sent here to do nothing.
And if he wants to address spending debt and private sector job creation, he'll find a willing partner in Senate and House Republicans.
Yeah, d I know what he means here.
I don't do you think he's taking a slap at me, Snerdley.
I don't think he's taking a slap at me.
I when he says, uh um because a lot of people told me he said this rush, McConnell's coming after you.
No, no, no.
I don't think he's coming after me with this.
When he says, I don't want the president to fail, I don't think he's he's not he's not talking about me.
I want him to change.
He is failing, is what's happening.
And and McConnell says, look, we weren't sent here to do nothing.
We weren't sent here to do nothing, McConnell said.
If Obama wants to address spending debt, private sector job creation, he'll find a willing partner.
But if he doesn't, we'll be willing to do nothing.
That's called gridlock.
Okay, what's so funny in there?
Tell me what you're laughing about.
Mm-hmm.
No, no, no.
Brian, he didn't seek approval from me to say what he said here.
I didn't even know he was going to be at the Heritage Foundation.
It has no no, he did not call me to seek approval to say I hope he doesn't fail.
And for those of you with the political, he did not call Obama uh uh uh McConnell did not call and seek permission to disagree with me on this.
Uh he also McConnell did vowed to keep bringing up Obamacare for repeal on health care.
That means we can and should propose and vote on straight repeal repeatedly.
But we can't expect the president to sign it.
So we'll also have to work in the House on denying funds for implementation and in the Senate on votes against its most egregious provisions.
And about the Democrats moving to them and compromise, McConnell said Republicans have a plan for following through on the wishes of the American people.
It starts with gratitude and a certain humility for the task we've been handed.
It means sticking ever more closely to the conservative principles that got us here.
It means learning the lessons of history.
And above all, it means listening to the people who sent us here.
All right, they're saying this over and over.
Other than Lindsey Graham and Trent Lott, this is what they're saying.
Lindsey Graham and Trent Lott are blaming Sharon Angle and Christine O'Donnell for having lost the Senate.
But everybody else is saying, okay, we heard you, and we're not going to make the mistake we made last time.
Has...
Is Obama invited some people up for dinner?
Eight two for dinner.
Oh.
Oh, is this a is this a like a before he is this after he gets back?
When he gets back from the exile from India, he's invited the House and Senate leadership up for a for a conv.
Eight, eight in total.
Well, I guess we call it the Slurpee Summit.
We've had we've had a beer summit.
We've had we've had jobs summits.
Let's have the Slurpee summit.
There it is.
Obama invites Republican leaders to dinner.
It's in the New York Times.
By the way, look at I only wanted Obama to fail insofar as I want America to succeed.
Look, everybody knows this.
This this thinking I said something controversial, that's just an effort by these part of the people of muddy the waters.
Everybody knows what I meant by that.
Well, it was controversial because I was the only one saying it.
Everybody else at the time was, okay, just elected uh honeymoon.
Let's go along to get along.
But I mean, the people that were ripping into me for being insane, they knew what I was saying.
They knew that I didn't want the country to fail.
They knew that.
Well, there might be one person that didn't.
Let me run back.
Let's go back to the audio sound, but I'm going back.
I gotta find Scarborough.
I think it's number, what is it, number five.
One guy persists in either not knowing what I said or really doesn't get it.
Joe Scarborough was at the Harvard School, the Kennedy School for Government at Harvard, during a forum entitled, this is Monday night, during a forum entitled Beyond the Midterms A New Way Forward.
And uh Joe Scarborough, who was a member of the freshman class of 1994.
And I was invited to, well, I'm an honorary member of that class.
I went up there and spoke to him during their orientation.
Somebody asked me, Rush, have you been invited to um come speak to the freshman uh orientation for this class?
No.
Are you expecting to be Rush?
No.
Does it bother you right?
No, it doesn't.
Been there done that.
Anyway, here's Scarborough talking about me, and I hope he fails.
You be the judge.
He either is challenged or is purposely distorting it.
It's stunning to me that Rush Limbaugh would say that he was cheering against the president.
I would be hard pressed to find many things outside the area of education that I agreed with Barack Obama on.
But I want him to succeed.
Stop taking.
Now that's just stupid.
That is stupid.
Or maybe there's something else going on.
Let's take this literally.
I would be hard pressed to find many things outside the area of education I agreed with Obama on, but I want him to succeed.
Um is the that's not even cogent.
It's not even coherent.
You know, there's um not very many things I agree with.
Gorbachev on, but I really hope he succeeds over there.
Here's the rest of the bite from Scarborough.
Go back to the top of it, and I will translate this for you in four words.
You know, the Wall Street Journal said, could you write us 200 words on what you hope for Obama said it won't take 200, I can do it in four.
I hope he fails.
I'll translate Scarborough.
This is a 38-second soundbite.
I will translate what he says here in four words.
It's stunning to me that Rush Limbaugh would say that he was cheering against the president.
I would be hard pressed to find many things outside the area of education that I agreed with Barack Obama on.
But I want him to succeed.
I grew up with a grandmother that I saw not cheering against the president of the United States, but praying for the president of the United States.
Praying for her country.
I saw her even praying for Jimmy Carter.
And if you can pray for Jimmy Carter, You can pray for anybody.
This is a vicious cycle.
It's a vicious cycle, and voters are the only ones who will be able to break it.
Okay, four words to translate that soundbite from Joe Scarborough.
I work for MSNBC.
I can offer more words if you want, but uh that sound bite translated.
I work for NBC, I have to keep my job.
I make really good money now, more than I made in Congress.
My bosses are really liberal, and my bosses hope I fail.
I am living on their good graces.
So I have to kiss their butt.
I have to fit in.
It's a vicious job, but I need it.
Therefore, I pray for Barack Obama.
Back after this.
Back to the phones.
We go to Northeast Pennsylvania.
Bob, I'm glad you waited.
You're next on the Rush Limbaugh program.
Ditto's from Northeast Pennsylvania, Rush.
Thank you, sir.
You challenged some of the listeners early on in your show to call in and talk about whether the future of Republican would be uh the the establishments or the new new uh new faces.
And uh I just simply called in to cast my vote, and then I was challenged to say why.
And uh, of course, my feeling is is that uh Palin represents that uh that new face.
And when challenged, I said, Well, we have old old wineskins, and we're trying to put new wine in old wineskins.
And I just thought that was a pretty fair metaphor for it.
Well, good.
So you uh you reject the notion that Lindsey Graham and Trent Lott are the phase in the future of the party.
Yeah, they're the they're the face of the 50s, I think.
All right.
Well, I appreciate it, Bob.
Thanks much.
Victor in Fort Wayne, Indiana, you are next.
Hello.
Hey, Rush, how are you?
Very well, sir.
Thank you.
Uh, let's see.
My face for the political party would be Chris Christie.
Okay.
Mike Pitts, and Mitch Daniels.
Okay.
And not who you Trent Watt.
All right.
Uh anyway, on top of the uh India trip and the QE2 thing, somebody somehow, some way quietly gave GM a tax break to the tune of 45.6 billion dollars.
Yeah, I saw that.
Almost 50 billion dollars, they won't be paying any taxes for a while, GM.
Uh Obama Motors.
Yeah, could you uh dissect that a little further for me?
Well, uh yeah, it's it's it's very simple.
Um they want General Motors to make or it appear for General Motors to have been successfully bailed out by the U.S. government and effectively saved by Barack Obama.
And Obama knows that if GM has to continue to pay taxes at corporate rates, traditional rates, that GM's bottom line will be adversely affected.
And so through a bunch of machinations here, uh disguised to be well within the limits of the law, GM is said to be tax exempt in uh a number of ways that will uh equal no taxes, the end result of which is to get the price up for their initial public offering.
To have them basically tax-free and debt-free.
This is to basically get more for their IPO, their stock sale.
Uh, which is what they're counting on to quote unquote pay back the government.
So uh you you eliminate the taxes they owe, not paying back the government, so they get their stock price up at our IPO so that they can pay back the government so that Obama can say, see, the government can sale bail out industries, the government can save industries and so forth.
It's it's just more games.
This tax break could be as worth as much as 45 billion dollars.
So the government giving its own car company a 45 billion dollar tax break.
No, they're not they're not gonna be paying their fair share.
They've essentially have been told, snerdily, that they will not have to pay forty-five point four billion dollars in taxes on future profits.
They have to write them a check this way.
It's sort of an accounting game, but it's to get the IPO price up and to make it look like Obama successfully bailed out.
A company.
Well, when it's their tax cut, they don't have to pay for it.
That's when you run the tax code, when you run the government, you can pay for it however you wish.
I mean, that's asking how they're going to pay for this tax cut is like asking how's Obama going to pay for the 1.6 trillion dollar deficit.
Everybody else's taxes are going to go up.
It's very simple.
No, we're not making this up, folks.
A lot of no, I'm not making it up at all.
General Motors, uh this is as patriotic.
It's good to be king.
You own a car company after you take it over, and you sense that people are clamoring for the car company to pay the money back to the taxpayers.
So you want to make it look like the car company is healthy enough to be able to pay back the quote unquote loans that really didn't take place.
The company was just bought and given to the unions.
So it's actually, at the end of the day, it's a SOP to the unions.
The unions are getting a tax cut on the car company that they were given by Obama, so they can then sell the car company in an IPO stock price that will make other people rich.
Yeah, it's essentially another bailout.
The Wall Street Journal headlined, General Motors could be free of taxes for years.
However many years it takes to get the IPO price up.
It's a thank you note to the unions for their hard work last Tuesday.
I made mention of this briefly yesterday.
What we witnessed on Tuesday nights not been seen in 60 years.
This kind of mandate and victory.
Now the researchers at Heritage Foundation must have been listening, uh, that and because they think like I do.
They began formulating a thesis to share with their members.
They would be the second voice to say there is no compromising on what's been accomplished.
They point to history, researchers like to do this.
They point to history and show that the last time a president tried to reorganize government, expand presidential power, introduce stimulus spending, and new labor laws was in the days of FDR.
Conservatives saw their country being pulled apart, they reacted with a wipeout victory of their own.
Now back then there wasn't any Heritage Foundation.
Certainly no audience assembled like this one here.
Reagan didn't even have that.
Reagan had heritage, but Reagan didn't have a conservative media.
Heritage wants to be involved in holding our newly elected officials accountable to carrying out the will of people.
They had Mitch McConnell up there just today.
Mitch McConnell said some things.
The Heritage Foundation people heard him.
They'll be taking notes and watching.
Their experts want to meet with these new leaders.
The newbies help them reinforce their conservative policies and instincts.
That's one of the many reasons why we support heritage.
One of the biggest thrills of uh my career was the first time I was invited to speak there.
I really, I could not believe I'd been invited to speak at a Heritage Foundation.
I mean, they're a bunch of scholars, and I clearly am not that kind of scholar.
But I've received an award from the Heritage Foundation just like Margaret Thatcher has received, just like Clarence Thomas has.
The Heritage Foundation has involved some of the proudest moments of my career.
And that's why I support them.
Why you should too.
Follow your vote this week of the membership to Heritage, stay involved.
AskHeritage.org is where you find out how to do that.
Interesting rush email.
When you say winners don't compromise, how do you mean that?
I mean, I know it's not right to compromise your principles of individual freedom or the principles of constitution.
Is it okay to compromise so that that doesn't happen?
What I mean when I say that winners don't compromise is in the context here, we just won the election and we ran on issues.
We don't compromise with losers.
The liberals don't like our issues.
So we don't give up some of them just to show we're nice guys.
They are the ones that got beat.
The losers compromise if they want to have any participation in the future governance of the country.
They compromise.
It's also been said, there's another definition of compromise is that where both sides get most of what they want.
Now, in a financial circumstance, I can understand that.
You want to come up to a compromise financially in a financial negotiation where everybody gets most of what they want, realizing not everybody can get exactly what they want.
Although, in certain financial situations, somebody's going to get exactly what they want.
It's a game.
When you start negotiating, you submit a list of demands.
And you always pad the list of demands with what are called throwaways.
Things that you are willing to give up, you really don't care that much about, but they show that you are willing to uh negotiate to give to compromise.
So, yeah, I mean, in a in the whole game process, you have some throwaways in there.
You're negotiating a an employment contract.
What you really want at the end of the deal is the money that you're asking for.
So you throw in a bunch of perks that you don't even really expect to get, but that you can say, okay, I'll compromise, I'll come down off that.
But when it comes to core principle, like we're talking about here in politics, saving the country moving forward.
You don't compromise on that.
There's no half freedom, there's no half tyranny.
It's like I said yesterday.
Where's the compromise between food and poison?
There's no where where's the compromise between good and evil?
Now, some people revolt.
What do you mean?
Good and evil.
You're saying the Democrats are evil?
Well, what?
The direction they're taking the country's not good.
Whether they're evil individual people or not, I don't know, but liberalism's evil.
What about liberalism do you want?
Because I'll tell you, here's the thing about them.
Whatever they get is never enough.
Never.
It's never enough.
They are never placated, never satisfied.
Patrick in Arlington, Virginia.
Great to have you on the EIB network, sir.
Hello.
Uh, hello, Rosh.
I'd like to uh cast my vote and then ask you a question about the Fed.
But uh first I'd like to sing the high praises of Maha Russian and do a quick shout out to my conservative parents and now Washington Red Central New York.
Um my vote would be for Chris Christie first, Jim Dement, second, Helen and Bachman, third, and then maybe Rudy Giuliani for attorney general.
Um but they all have to.
And this is for me personally, right?
Stand firm on pro-life values.
Right.
And that's the first sign for me uh of what a conservative is.
Uh about the Federal Reserve.
Yeah.
Now, the uh debt to GDP ratio is 93%.
It's supposed to go up to 102% by 2015.
I'm nervous, and I'd like to ask your opinion about them raising the ceiling and then buying debt.
Shouldn't they uh instead seek to dissolve Fanny and Freddie and move the Department of Education back to the States?
Well, yes.
In an ideal world, yeah, you get rid of the education department and a bunch of other government institutions, and then you you uh you shut down Fanny and Freddie.
Uh but you have to temper all this with realism.
That's an idealistic thing to do.
Reagan wanted to close down the Department of Education, for example.
Uh a lot of resistance to it.
Here's you look at the debt ceiling.
This is a trick, by the way.
Every little commie SOB on liberal cable networks is asking every Republican guest, what about the debt ceiling?
What about the debt sitting?
Can it raise the debt sitting next week and it raise the debt ceiling?
We're gonna run out of money.
We're reaching our debt limit, and of course, they want guys like Cantor and Pence, whoever the guests are, to come on television.
Oh, yeah, we got to raise the debt ceiling to keep the government going.
Well, then if uh if you if you say that we got to raise a debt sitting, how can you possibly talk about cutting the deficit?
How can you possibly talk about reducing the size of government?
Why don't you let the debt sitting not be raised and let some stuff that because this is not how nobody is draconian here.
But all of this is a trap.
The debt ceiling anyway.
We we have run out of room under current statutory authority to increase the debt anyway.
We have run out of room to increase the debt.
So now what they're doing is monitorizing the debt, meaning that the money is monopoly money.
We're now gonna print money to buy securities.
We can't we've we statutory reached the debt limit.
You can raise a debt ceiling all you want, but that's it's all a um it's all a game.
It's i we're printing money, inflate the currency, made to look like we have a lot of money when we don't have any.
But I know what you're asking me.
Rather than raise a debt ceiling, why don't we cut some things?
Yep.
Make the proposition now.
Make the proposal now.
It'll be real, real, real, real interesting to see how people would react to, okay, cut the education department.
It's gonna be really tough, folks.
There have been decades and decades of people ingrained with the notion that the Department of Education equals.
What magic?
Compassion.
You you make a move to eliminate or even cut the Department of Education, then you're gonna have to be able to answer the charge.
Oh, so you want people to be stupid.
Oh, so you're against educating.
You must you must be a racist and sexist.
You must want to deny the poor their chance to be educated.
That's what we'd be hit with.
And so you've got to have an answer to that.
If you're gonna make that uh proposal.
Anyway, I appreciate the call.
I really do.
I've got to say a brief brief pause, a brief time out here.
We'll continue with much more on the EIV network right after this.
Let me tell you another reason why this debt ceiling thing is a trap.
And the Republicans are not dealing with it correctly, uh, as Libs asking about it on TV, just as the Democrats did not pass a budget.
Because they did not want what their budget was to be an item for debate in the campaign.
They played some tricks.
We haven't raised the debt ceiling.
They they left that for after the election so that it would fall on the Republicans to do it.
We're way past the debt limit anyway.
It's all academic.
But they set it up so that they would not have to raise the debt limit during the campaign.
Now it's the Republicans have to do it, and they want to force the Republicans into doing it to appear contradictory in their own philosophy.
Now I have to straighten something out.
Because I I'm in the communications business, and I don't like being misunderstood.
And it bothers me when I apparently am not clear, and people mistake me.
Yesterday I was telling you about life lock.
Life lock is a way to protect your identity.
You give them your social security number, and if somebody tries to steal it or does steal it or find it out and tries to use it to create an identity for themselves, you find out about it the minute they try it, if your if your SSN is on fire with Lifelock because they've got a great identity alert system that people are caught in the process.
Now, in in explaining life lock, I explained how my iPads were wiped because of a couple faulty USB ports on my new MacPros.
And people thought I was talking about carbonite, and I wasn't.
Yeah, I had I had the the iPads backed up, but my point was it took we're talking 64 Gigabytes.
That's not much.
It took 15 solid hours to restore the data on my two iPads.
I was trying to draw the analogy.
If you lose your identity, it's going to be far more than that to restore your identity.
I would, I wasn't, I was not getting carbonite confused with life lock.
Now, this had never happened to me before.
Yeah, my iPads are auto-backed up.
Anything you connect to iTunes is.
Like your iPhone.
It had nothing to do with carbonite.
Although carbonite's wonderful, don't misunderstand.
They had their turn a couple minutes ago.
I was talking about what it took.
Because this the data on my iPad was totally wiped out, just like if my iPad was my identity, my life.
You don't want to have to spend time restoring yourself.
If some idiot hijacks your identity, and that's the point I was trying to make.
And I felt, well, a little angry and frustrated that somehow I didn't make that clear.
I was not talking about backing up the iPod.
I was talking about the pain it was to restore it.
Restoring your backed up files from carbonite's easy, but life lock is a whole different process.
And it's worth having because you don't want to go through the hassle of having to restore yourself if somebody steals you.
Is this what well it's 800 4404833?
And if you mention my name, you save 10%.
There.
Now is that clear?
I also, I was told yesterday that I dashed the hopes of millions of people.
When I said that Marco Rubio was not born in America.
And the reason I dashed the hopes of millions of people was because Marco Rubio, if not born in America, couldn't run for president.
I wasn't aware that I said Marco Rubio was not born in America.
Parents were born.
He's a Cuban exile.
His dad was talking about his dad.
His dad heard me say what?
You heard he you heard me say he wasn't born in America.
Well, I was talking about his parents.
Marco Rubio was born in Florida.
We know more about where Rubio was born than Obama.
At any rate, I was I was accused of dashing the hopes of millions.
Because I I misspoke.
We were playing soundbites of Rubio on election night, which were just great.
Rubio is great.
Rubio automatically educates when he talks.
He automatically educates people about conservatives.
So does Palin.
That's all that needs to happen.
You know, these Tea Party people that all the Trent Lotts and these guys say they're flawed candidates.
If they need anything, they just uh need to uh be taught how to articulate conservatism constantly.
That's it's educational.
We need this is an intellectual philosophical battle we're in, and our candidates need to be able to explain the philosophy and the ideology, i.e., why they are conservative.
Rubio does this automatically axiomatically.
It was born in Miami.
So if you are among the millions whose hopes were dashed, and if you left yesterday's program depressed and despondent and near suicidal, please come back from the brink.
Marco Rubio can run for president.
It was his parents that were born in Cuba, his whole family's exiles, but he was born in Miami there.
Now, that is I have revived the hopes of millions and have walked them back from the proverbial ledge.
I'm being told to be careful here for liberal birthers may demand Marco Rubio's birth certificate.
If he did, they did he'll produce it, I'm sure, but I'm not worried about it.
Uh if Obama's taught us anything, it's a news media doesn't care where our presidents are born.
They don't.
Well, let's see if it does.
Let's see if all of a sudden the media starts caring where Republicans are born.
Up to now they haven't cared where presidents are born.
Let's see if they now start caring.
By the way, people say, Rush, what are you gonna do about California?
Folks, I have I I've come to the conclusion we've lost California.
It is not salvageable.
This this business, San Francisco has banned happy meals.
Now, but it's not that.
It's it's listen, listen to the Supervisor Eric Marr, who sponsored the measure.
We're part of a movement that is moving forward an agenda of food justice.
Now I'm sorry, that's not salvageable.
When you've got people talking about food justice, it saw it off.