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Dec. 7, 2010 - Rush Limbaugh Program
33:46
December 7, 2010, Tuesday, Hour #3
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So fast as three hours in media, Rush Limbaugh the helm here behind the golden EIB microphone, the Limbaugh Institute for Advanced Conservative Studies.
Great to have you here.
800 282.
2882 if you want to be on the program.
Michelle Bachman is organizing opposition to the deal and uh is doing the she basically fighting the establishment once again.
And uh I her her primary argument is that the payments to people who don't work and don't pay taxes are just staggering.
There is a continuing redistribution of wealth is taking place.
Now, Obama, you know, in one sense, Obama has experienced his first defeat here.
Uh in his in his effort to make the country worse off.
He wanted a tax increase, and he has failed to get that.
Now we've been taking the shorts for two years from this guy, and that has been stopped in this deal.
And it happened in a lame duck.
Republicans do not run the House, they don't run the Senate, they don't ever run the White House.
So in that limited context, it's a good deal.
Also, Obama's left is just wildly opposed to this.
They are just beside themselves.
They think he has totally caved because the rich are not going to experience a tax increase.
And he has, I mean, these guys for 10 years have been talking about tax increases on the rich.
It's a it's a must.
And now Obama has he's out there calling this a stimulus plan.
That's just got them so upset.
Uh it's it's it's equivalent to the way we were when Bush 41 went ahead and raised taxes after promising not to.
Only I think for uh for the BAMster, uh, this one is even worse.
Uh but uh a lot of people that worked in the Reagan administration, Hugh Hewitt is one on his blog, uh, not happy at all uh of with with with any of this.
And it's basically based on the fact that the Republicans don't look like they're willing or able to fight on any key issue.
They didn't fight on anything here.
We didn't get anything.
In fact, we got more unemployment benefits.
We got 13 weeks of it.
How about five?
Uh 13 months, how about five months?
How about six months?
But not 13 weeks, 13 months, which means next Christmas we're doing this all over again, which means they will be extended again.
And uh in that sense, it's it's uh it's not good for the people getting the stuff, it's not good for us, it's not good for the country.
This is this is not how great countries are made.
This is not I mean, this is we're not Europe.
We don't want to become Europe.
We don't want a 14% permanent underclass.
And we don't want we don't want 14% of people rioting when the inevitable day comes that the money runs out for them, because technically it already has.
We don't have the money.
But nevertheless, it's fun to look at the left on this uh hurricane Katrina Vandenhoov in the Washington Post, Obama on the way to a failed presidency.
The left is becoming unglued.
On his way to a failed presidency.
When Hurricane Katrina Vandenhoov turns on you in the Washington Post, you uh you know you are in trouble.
She writes, Ronald Reagan famously quipped the Democrat Party left him before he left the party.
Like many progressive supporters of Obama, I'm beginning to have the same feeling about this president.
Consider what we've seen since the shellacking Democrats took in the fall elections.
On Afghanistan.
Well, they they're beside themselves.
Look it.
We're in Afghanistan with greater numbers.
And Obama's created the impression he wants to win there.
So that's a double whammy.
The left does not want a military victory, and they don't want it in Afghanistan or Iraq to boot.
They want out of Iraq, they want out of Afghanistan.
We're in both places.
They want Gitmo closed.
It's still open.
From their standpoint, from the perverted positions of the far left, this guy is an utter disaster.
He's a liar.
He used them.
He used their money, he used their votes, and he hasn't done diddly squat.
Now to us, he is the Uber leftist who's destroying the country.
For them, it's not happening fast enough.
On the economy, the president has abandoned what Americans are focused on jobs.
This is Hurricane Katrina Vanden Hoovel to embrace what the Beltway cares about, the Beltway elites, and she's won.
She is a Beltway elite.
Multimillionaire heiress.
She says the Beltway elites care about deficits, his freeze of federal workers' pay.
Hey, Katrina, nobody's pay was frozen.
That's that's a big game.
Of more symbolic than deficit reducing value, only reinforced right wing tripe.
That federal employees are overpaid, that overspending is our problem as opposed to inane tax cuts for the top end, that we should impose austerity now instead of working to get the economy going.
Now the not so subtle retreats are turning into a rout.
The president is touting a naphtalite corporate trade deal with South Korea, which she doesn't like.
This she says is political self-immolation.
Blue-collar workers abandoned Democrats in large numbers in the fall.
Wait till they learn what the trade deal means for them.
Seasoned citizens went south, probably because Republican lies about cuts in Medicare.
Hey, there are cuts in Medicare.
The doctors are getting out of the business.
Wait until anyone over 40 who's lost their savings hears about Alan Simpson's plan to take it to the greedy geezers.
The $60 billion each year in Bush tax cuts for the richest Americans could pay for universal preschool for America's children or tuition and board for half of America's college students.
The stakes are much higher than the distant election.
The president suggested unconvincingly he'd prefer to be a successful one-term president than a two-term president who didn't get anything done.
But there are other alternatives.
If the president continues on his current course, we're looking at a failed one-term presidency the nation can't afford.
We're already there, Katrina.
We're already there in two years.
We cannot afford the guy.
She writes, this president has a clear and imperative historic mandate.
From whom?
Katrina, you the ghost of Lenin?
Who?
If he shirks it, he risks more than falling or failing to get re-elected.
He risks a failed presidency.
This is a story from Fox News.com.
Harry Reid looked like someone shot his dog.
He always looks like somebody shot his dog to me.
There really is no other way to say it.
The Republicans won, the Liberal Democrats lost, the president sided with the Republicans.
The subject, of course, is an agreement to extend all the Bush tax cuts.
The president tonight announced a bipartisan framework for agreement on, among other things, to extend the Bush tax cuts for two years.
A Republican House aide tells me, this is the Fox reporter.
Tonight is a damn good deal, and so it is from the perspective of conservatives.
As they've been demanding, all the Bush tax cuts are extended for two years.
Estate tax, due to pop back up to a rate of 55%, was retained, but with a five million dollar exemption at a rate of 35%.
That's better than Republicans privately expected.
For that huge concession, the president extracted a 13-month extension in unemployment benefits.
Now, it's true that the deal includes a one-year payroll tax cut of 2% plus other tax credits, the earned income credit, the child tax credit, the newly created college credit, they all remain in place, and businesses will be allowed to expense 100% of their purchases for equipment.
Excuse me, liberals and White House spinners will argue that the White House wanted many of those tax credits and breaks, but in point of fact, the Republicans didn't mind giving more tax breaks.
So you can see why liberals are morose.
A Capitol Hill aide described Harry Reid as he looked like someone shot his dog.
So that's the Fox News interpretation.
Slam dunk, big time win for conservatives.
My take is taken by itself in its own universe, Yeah, okay, pretty good.
I like the fact the left hates Obama.
Like the fact they're mad at him right now.
I like the fact that nobody's taxes are going up.
But placed in the context of the shellacking and of this huge election victory.
It's not nearly what we could have gotten.
It's not nearly what we could have gotten.
Damn straight, snerdly from Democrats in the House in this damn straight.
Damn right.
We had a caller earlier, it's right on the money.
No way Obama is going to sit there and let taxes go up for the middle class and the so-called poor.
No way he would have done it.
So there was there was uh there was leverage.
Look at, I think, I think the people, I'm just gonna be flat out honesty.
I think the people that are head over heels with this deal are head over heels.
What's the right way to put this?
I keep talking about the the way the table was set.
This is all based on phony expectations.
I think, no, I think going forward, we're we're actually in good shape for like repealing parts of health care.
Because remember now there's not a budget.
There isn't a budget, and there isn't going to be a budget before we take over.
We're gonna be writing the budget, and as such, we can put anything in that budget we want.
Or we're gonna get rid of that portion of health care, we're gonna get rid of that portion, make him veto it.
Put it in the budget, not just separate legislation.
Put it in the budget.
We got all kinds of I if we do, that's we got all kinds of potential.
I'm saying certainly the situation is going to increase.
All I'm saying is that for what is really the intense period of time?
Four months, five months.
The options have been ending the Bush tax cuts or extending them.
Not tax cut, the rates.
That that those have been the two options.
So obviously, if keeping them rather than having them lapse within the context of the way the table was set, yeah, big deal, but that's a narrow, narrow, small table that was set, if you ask me.
And it was set by Obama.
It was Obama who set the table.
Oh my, I'm on the oh, Bush tax cuts are gonna expire.
They're gonna expire.
And so the debate began, okay, are they going to expire or not?
There has never been, while the Democrats out there talking about tax cuts, there has never been a tax cut on the table.
And we didn't put any tax cuts on the table.
Obama did.
This uh holiday on the on the payroll tax, that's his.
It's his idea.
And it's not new.
He's had it out there, I think, since uh since September.
While government shutdown, uh, if it happens again, I if if Obama shuts down the government because we put some repeal uh legislation inside budget legislation, if he shuts down the government, uh.
I think we win this time on that.
But I don't think that we'll have the guys on our side confident of that, so I don't think they'll do it.
But I think we'd win if we didn't do that.
I think the people of this country are very much ahead of where the elected officials they put into office are in terms of knowing the mood of the country and assessing the strength.
That that that November election, that was significant.
That was a shellacking from coast to coast and deep.
States, local level, it was a nuclear bomb against the Democrats.
They have got nothing.
They have tried their way, it's been out in the open, and it was rejected big time.
The spending rejected big time.
And these unemployment extensions are not paid for.
And if it's one thing The people in this country are fit to be tied over, it's the spending.
They are not paid for, and they are not productive to anybody.
The people getting the benefits are in the end harmed.
Their dignity, their potential is harmed.
They're they're but rush, but rush, the economy's so bad, where are they gonna get that's right.
If we have that mindset, the economy's so bad where are they gonna get work, it's always gonna be that bad if that's our mindset.
That's where I know he's gonna get hurt again by by extending the unemployment.
He's guaranteeing a high unemployment rate.
So from a political standpoint, fine.
I'll, yeah.
If it helps our chances in 2012 to keep people miserable, fine, I guess we'll go for it.
And that's what the unemployed are is miserable.
I know there's, you know, in any group of people, you're gonna have slackers who'll take whatever they get as long as it doesn't cost them anything, and they'll make do with it.
You're gonna have others who'll be ashamed of it.
You're gonna have others who'll be inspired by it.
You're gonna have some who'll be the lack the la the opposite of inspired by it.
The end of all of this paying people for three years not to work in the United States of America is not something I'm proud of.
That I don't even care about the political ramifications of somebody who genuinely loves people, cares about people, knows what opportunities exist in this country, and knows what everybody has the potential to do.
Not everybody has the same amount of talent.
Some people have to work harder, some people have to identify what it is they want to do more than others do, but it's there for people who want to try.
And this is a disincentive to the very people who need to be inspired and motivated.
And that's where we come in.
That's where our side comes in.
That's what Reagan did.
Reagan inspired and motivated people.
Reagan worked hard.
It took Reagan eight months to get his tax cuts, eight months of his first term, first year, and he had a Democrat House and a Democrat Senate.
He didn't have anywhere near Republican numbers, and look, he got he got major, major tax cuts, and he did it personally.
He didn't have any favorable media.
He didn't have talk radio, he didn't have blogs, he had none of it.
He worked his butt off.
This is why some of the Reaganites like Hewitt, uh, my buddy Levin, some of these others are not, they're not over the moon with this because they don't see any work expended here.
It's tough to get what we want, but we won the election.
Reagan won the election, and he people have forgotten the opposition.
It took him eight months.
And he got tax cuts of 25% through people like Tip O'Neill and Jim Jones and Jim Wright.
And George Miller and all these other guys, John Kerry, Ted Kennedy, he did it.
It can be done, but you have to try.
And you have to have a commitment to it, which he did.
I gotta take a break.
I got people reminding me, hey, Rush, this deal doesn't get extended for people who've already got their 99 weeks.
I'm the one who made that announcement this morning.
I'm the one who I led this program off in asking you for your opinion.
I said, I remember this does not extend the 99ers.
I understand that.
I get that.
Don't uh don't misunderstand.
Look, here's here's where the tax rates stay the same.
And I know, I know this is not the Republicans that won the election, and it's still the old guys, but it is the leadership.
Same leadership.
Tax rates stay the same.
Estate tax increases for certain Americans, still an increase.
Got tax credits to people who don't pay taxes, which were significantly increased in the stimulus.
They stay.
Unemployment compensation extended, not a few weeks or months, but for 13 months.
We got to do this all over again next time this year.
Payroll deduction for one year only.
There's a one-year business deduction for certain investments' expenses.
That's good.
But Obama wanted that all along.
The payroll thing, the business deduction, those are his tax cuts.
So agreeing to that was uh was no brainer.
So the left is gonna go nuts, they are going nuts, Republican leadership's gonna lobby for it and all that.
Uh and within its own context, it's great.
Love seeing the left mad at Obama.
Love the fact I'm not gonna face tax increase, and nobody else is gonna face one.
Uh But anyway, what one of the many reasons, folks, I like my association with heritage is their clarity.
In the midst of this announcement that Senate members and the president have agreed on holding a tax rates in line while also extending unemployment benefits, Heritage has two.
Well, three.
Actually, three good points.
One, this debate now gets turned over to Congress.
We're going to see some Democrats dragging their feet.
It's not a done deal.
Second point, keeping current tax rates in place is not a tax cut.
It's preventing a tax increase.
Hopefully, Congress can understand that this lets all Americans keep more of their money, but the same amount.
There's no cut here.
Finally, since this isn't a tax cut, it quote unquote doesn't have to be paid for, but the unemployment does.
The decision to extend current tax rates shouldn't be that hard.
Remember, now I I live in Littleville, which means I am mired in logic.
And I know that that's not the way every member of Congress sees things.
There's a great analysis of this deal posted right now at AskHeritage.org.
That's also where you go to become a member of Heritage.
Your membership today will support them as they gear up to help the incoming conservative majority, which is not there yet, must admit.
Still the old guys, the losers.
Both parties are still there participating in this deal making.
But they're going to be busier than ever at Heritage, and go this see what they think of the deal.
Ask heritage.org.
All right, we come back, we'll get more of your phone calls in.
still have more media reaction to it, which is funny to listen to.
I'm just listening to a little bit of Obama at his press conference, folks.
We have an angry man lying his butt off about Republican positions.
So, Basically, that's what we got going on.
He just said that uh he had to do this because uh come January the middle class are gonna get tax relief.
Now they're not gonna get income tax relief, and that's what he's trying to say.
He is trying to position this as a tax cut for the middle class on the Reagan tax rate.
He's there the the only anybody getting a tax cut here uh will be the one year uh two-year cut on payroll taxes.
It's it's one year.
Uh but everything else is is either staying the same or going up.
There aren't any tax cuts in this.
He also said the reason that he can't get anything done here is because he can't get anything through the Senate right now.
And that happens to be true, is a lot of the Senate uh is they see what happened in the election in November.
Many of them are up, a lot of them are up for re-election in 2020.
The news media, the White House press corpse not happy with Obama.
AP reporter Ben Feller.
Now I'm gonna paraphrase this.
Ben Feller asked Obama, he said, You lied to us about raising taxes on the rich.
Why should we ever believe you again?
Now, those are not the words he used, but that's what the question meant.
He said, You said you'd never do this.
He said, Well, this is the best we can get at the time.
I can't get what I want through the Senate.
The public agrees with me, but I can't get what I want through the Senate.
The public does not want the rich to have uh they want their taxes raised, but I can't get that through the Senate.
Which means my own party is sabotaging me.
Is uh but but yet he's blaming the Republicans, and they are in the vast minority here.
This is what we're gonna be hearing for the next two years.
Blame the Republicans, blame the Republic.
Remember now, I said he's not gonna be all that unhappy if the Republicans take the House.
He can blame everything he wants to on them, as opposed to um his own party.
Here's Scott, Tulsa, Oklahoma.
As we go back to the phones, thank you for waiting, sir.
You're up next.
Hi.
Hey, Russ, good talking to you.
Thank you.
Hey, I'm kind of mixed on the deal, so I see it as potentially good and I see it as potentially bad.
And um, here's the good things I see in it.
Is I think it exposes the press once again, which is great, is as you said so well over the last few days is what are these middle tax cuts from Bush that they're talking about.
For a decade they've been telling us it's suspend tax cuts for the rich.
Right.
So it exposes them once again just as being liars to the American public for decades.
Um the other thing I like is there is a two percent tax payroll tax for a year.
Is that great?
No.
Is it beneficial to the American people?
Yes, even for a year.
It's a beneficial, there's some there that's beneficial.
Yeah, the estate tax, he had to give a little cutting back.
I don't like that he put them out there, but he did cut them back, I think what six percent.
Um cutbacks on the estate of tax.
Um the other side, I think just uh as we've all said, having the tax rate stay stable is a good thing for the American people overall that way.
Um even though there is no new more tax cuts to it.
Well, he said this is kind of laughable too.
Uh and he can sneer even with twelve stitches in his lip.
He said he's gonna come back, he's gonna fight these tax extensions for the rich two years from now.
He's gonna come back, he's gonna make sure this doesn't happen again.
Yeah, and uh Rush, this is uh on a personal note has nothing to do with the American people.
This is what I really like.
His speech yesterday looked like a bully who's been beating people up and the wimpy kid just turned around and hit them in the nose and he's bleeding all over the place.
Yeah, and he's sitting there trying to still act like he's a strong guy, as everyone's looking at him going, Oh, you're just a little wimp.
And that's what I enjoy seeing the most is you just look like a guy that just got suckered, punched in the face, and still trying to talk to big talk is on the guy in control of things.
Well, the and I think the reality of losing the election is has hit him on this day.
Remember, it is significant that this is the first attempt to do more harm to the country he's failed at.
This is the first time he's been stopped.
And of course, of course we take that.
Look, our microphones are there.
Let's listen to a little bit of this.
He's got some uh female giving him some business here, right?
Uh and even though it's growing more slowly than I'd like, yeah, it's still growing.
No, it's not.
Uh how fast it's gonna go down, how quickly uh the economy is gonna grow, when are uh private sector businesses gonna start making the investments in plant and equipment and actually start hiring people again?
Yeah.
You know, there are a lot of economists out there who have been struggling with that question.
Uh yeah, what about you?
Uh so I'm not gonna make a prediction.
What I can say with confidence is that wait a minute, wait a minute, turn it down for just a second.
He's been telling us for a year we've already turned a corner, we're back from the brick.
No, he doesn't he don't have a clue.
Hey, bring him back up.
Mr. President, what do you say to Democrats who say you're rewarding Republican construction here?
You yourself used in your opening statement they were unwilling to budget.
A lot of progressive Democrats are saying they're unwilling to budge.
And you're asking them to get off the fence and budge.
Why should they re rewarding the Republican?
Well, let me let me use a couple of analogies.
Um I've said before that I felt that the middle class tax cuts were being held hostage to the high-end tax cuts.
There aren't any.
I think it's tempting not to negotiate with hostage takers.
Uh unless the hostage gets harmed.
Then people he thinks he's a hostage.
That's what Frank Rich said in this case.
Frank Rich called him a hostage, and he's suffering from Stockholm syndrome.
And I was not willing to see them get harmed.
This again, this is not an abstract political fight.
This is not isolated here in Washington.
There are people right now who, when their unemployment insurance runs out, will not be able to pay the bills.
There are there are there are folks right now who are just barely making it on the paycheck that they've got.
Right.
And when that paycheck gets smaller on January first, they're gonna have to scramble to figure out how am I gonna pay all my bills?
How am I gonna keep on making the payments for my child's college tuition?
What am I going to do exactly?
All right, now we've won this.
Here's the guy, take him down.
He's admitting that tax increases are not helpful.
Um that's that.
That's Obama.
That's a little bit just to give you a flavor of how it's going F chuck.
Uh Republicans uh didn't budge.
You said you weren't gonna budge.
Why did you budge?
How come the Republicans didn't budge?
Yeah, he's got some answer here.
He's uh he's calling a GOP terrorist, he's calling himself a hostage.
It is an interesting mental vision, folks, pleasing.
Uh As it were.
Here's Jack and Reno.
Jack, welcome to the Rush Limbaugh program.
Great to have you here with us.
Hi, Rush.
Yeah, I think the uh uh temporary payroll tax cut, which is Social Security Taxes is probably the poison pill in this whole thing.
The poison pill.
Absolutely, because it's gonna expire in one year, at which time either uh the Republicans are gonna stand up and say extend it, or uh the uh or the Democrats are gonna say that the Republicans are raising taxes on the working people.
Also, since they're establishing the fact that uh the uh employer and the employee can pay different rates of tax, I would see a year from now the Dem Democrats suggesting that the employers pay an additional two percent so that they can make the uh uh four percent uh permanent for the uh working people.
Well, that's now that's interesting.
It's because it raises a good point.
If this if this 2% is actually one percent cut on business and one percent cut on the employee, or if it's just a two percent cut on the employee and the employer does not pay anything less.
That that'll be interesting.
Well, it's also the fact that the Democrats are looking to take the cap off of Social Security so that the uh flat uh flat rate Social Security tax would apply to incomes at any level.
And that would be another excuse to say that uh since they can't raise the rate on the working people at uh below 106,000, that uh the Democrats are going to say suggest that, well, we'll just tax everybody all the way up, and that will pay for it.
Well, what these things are certainly possible.
I I have to grant you that, but it's gonna be a whole different Congress.
He's not gonna be able to just get this stuff done just because he wants to get it done.
And the Democrats can say whatever they want, but they're gonna be at a huge disadvantage numbers-wise in the House, and the Senate is not going to be totally aligned with him because uh many of them being up for re-elections.
I don't know if he's gonna succeed.
I know full well that when the payroll tax expires, then the call for it to be extended uh or uh sunset, whatever.
Uh yeah, Republicans are raising taxes on workers.
I can I know that's gonna happen too.
But those are things that are gonna happen anyway.
The media is gonna say the Republicans are starving kids, the media is gonna say Republicans are doing this, Obama's gonna say it.
Uh that this is this is where I can't be concerned about what they're gonna say.
We're gonna have the votes to do it.
And this is why we got to keep teaching as we go along.
We can counter some of this stuff that they say, but I agree with you the the the poison pill aspects that you mention are a distinct possibility.
I do want it is an interesting point on this payroll tax.
I want to see if it genuinely is two percent for the workers or one percent employee, one percent employer.
Uh the two per 2% workers.
So, all right, so the the business will uh their their quote unquote contribution will be able to say the dirty little secret.
I know many of you think I overuse that, and I might, but it's my phrase, so screw it.
The fact of the matter is that the employee pays it all.
The employee pays every dime of social security.
That's not right, Mr. Limbaugh.
What happens is that the company payeth exactly what the employee pays, the employer matches, the employee contribute.
No.
No, you idiot.
You get hired.
Somebody pays you whatever it costs to hire you.
Of that, you only see what your take home pay is.
The rest of it, they factor in what your health care benefit package is, whatever else benefits you get, and the social security.
The total cost of what it takes to hire you.
You don't see it all.
But the employer's not sitting out there matching.
It's it the number is what it is, they pay it.
And then you deduct, they pay some of it, you deduct, but it all comes out of you.
They wouldn't pay it unless you got hired.
It's a simple way to look at it.
Gonna have To play you some of this sound by press conference tomorrow.
This guy is bitter.
He is angry.
He is petty.
Yeah, Republicans got to sit around on that two years and just watch me deal with the problems they left me.
1.3 trillion down the depths.
But now, now they're gonna have a role in.
They can't just sit around and criticize his uh the guy is just bitter as he can be.
He is angry.
It is amazing to watch this.
And here's Frank Rich.
Obama's out there saying the Republicans took him hostage.
And they don't have the votes to take anybody hostage.
Frank Rich, yesterday morning on Imus, was asked about his thoughts on Obama.
Here's what Frank Rich said.
I'm fairly distressed by the fact that uh he doesn't seem to have a clear point of view about uh most anything.
It's not even a matter of whether he's too left or to right.
It's just uh everything is negotiated away, and he seems to be sort of held captive.
My point, this my Stockholm syndrome point was he seems to be held captive by his own political adversaries.
Yeah.
The media in this press conference keeps asking him.
They want to be reassured.
What are your core values?
What'll be different in 2012?
Well, well, now the Republicans, they just can't point figures of blaming me.
Now they can they're gonna get in there.
Uh-huh.
He is coming off as the bitterest clinger I have ever seen in the in the White House in the Oval Office.
We'll get uh we'll get our soundbites cookie again on this, and I'll give you some examples because I know it's temple.
What are you talking about?
I don't have time to play them for you now, but we'll do them between now and tomorrow's show, and I'll show you.
I'll play them for you, and you'll get an idea what I'm talking about here.
I'd say Obama, the the media wants to strangulate this guy.
They where are you gonna draw the line of the sand?
This is amazing.
Obama said to the media, hey, it's surprising to you, but I know not everybody agrees with us.
He said the New York Times editorial page does not permeate the whole country.
He's yelling at him practically.
He says, Neither does the Wall Street Journal to cover himself.
Oh, wait till you hear this tomorrow, especially with my analysis.
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