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June 29, 2011 - Rush Limbaugh Program
37:47
June 29, 2011, Wednesday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Hey, look, what's back, folks?
Adeno Cam is back.
All is well.
All's good in the world.
People are happier that Adeno Cam is back than they're happier than I'm back.
Of course, the two go together.
That's right, my friends.
El Rushbo sitting firmly and comfortably in the prestigious and distinguished Attila the Hun chair at the Limboy Institute for Advanced Conservative Studies.
Great to have you here.
Telephone number is 800-282-2882, the email address, El Rushboy.eibnet.com.
So Obama delays this sorry excuse for a press conference in order to overlap the start of the big show today as much as possible, just as he always does.
But we will not be deterred.
This guy is hell-bent on raising taxes.
You do not want to miss the first hour of the, well, you don't want to miss any hour of this program, but you don't want to miss the first hour of this program, particularly, because I am going to lay out for you exactly what's going on.
Not only are they trying to carry through with this notion that the Republicans are trying to sabotage the economy for their own electoral purposes, when in fact it's just the exact opposite.
In fact, Republican, it's not even sabotage.
We're talking about actual destruction of the economy by Obama and the Democrats.
But this guy starts out, opening statement in the pressure, boiled down to one thing, raise taxes.
He is worse than a broken record.
He's a broken teleprompter.
A teleprompter's stuck.
It's broken.
Raise taxes, raise taxes.
Keeps talking about folks and default, trying to talk like the hicks out there, trying to make them think that he's one of them.
He's closer than he realizes.
You know, just last week, there was a story.
I forget where it might have been USA Today.
I'm not sure.
There was a story on how private jet travel is making a rebound.
Corporate travel is rebounding.
The private jet market was on the uptick, which is a good thing for the economy.
It's a good thing for everybody involved.
It's a good thing for the people that make the airplanes.
It's a good thing for the line people that service the airplanes, the maintenance staff.
It's a good thing for the fuel providers.
It's a good thing for the FBO guys, the gas stations at the airport.
FBOs are basically gas stations for private jets.
They all have people who work there.
And it was Obama himself who killed the market early on in his regime.
Say, we're not going to take the private jet to Vegas anymore.
Those days are over, he said.
So now that the private jet market last week is reported to have rebounded, starts, it was USA Today.
Private jets starting to take off again.
Obama is ripping private jets today.
They were touting them just last week as a sign of the recovery.
Private jet travel as a sign of economic recovery last week.
And here comes Obama talking about tax breaks for corporate jets and so forth.
How it isn't going to be the case anymore.
You know, that they had stopped flying because the regime attacked them.
And so they started risking it again.
And here he is.
Now, folks, it's dangerous what is happening here.
And it's very important for the Republicans to understand what's going on here and to be prepared for it.
This is, you know, Obama's trying to show up late here and pretend to lead on the debt ceiling and on the debt and on the deficit.
But he brought so many straw men to this news conference today that it's a fire hazard in there.
A little humor.
Mr. Sniffs.
Nerdly is so serious.
He's so ticked off that nothing's funny to him today.
But we're looking at the one responsible man in the room, Barack Obama, responsible for the mess.
We're looking at the one responsible person.
He's going to try and has tried to present himself as the one reasonable man in the room.
He is single-handedly, along with his party, responsible for this.
Republicans are going to be trying to drive us into the ditch.
Obama will stand tall, declare each side must give a little.
And Obama is the one reasonable man in the room because he's the smartest.
I think the Republicans ought to issue a statement before this press conference is over, and it's not over yet.
It's still going on.
Hold the president's feet to the fire in terms of facts and in terms of context.
This country has a spending problem.
It has a big spending problem.
And we have a growth problem.
We do not have a tax problem in the sense of not enough taxes.
We do not have a revenue problem.
He keeps calling it revenue.
We have a spending problem, pure and simple.
Now, I'm going to tell you what's going to happen.
Thehill.com has an interesting story today.
It sort of sets the stage for what's to happen.
Headline, report Treasury must cut spending 44% in default.
New analysis by the Bipartisan Policy Center, which has been shared extensively with members of Congress, estimates that the Treasury Department would not be able to pay all its bills and would need to implement an immediate 44% cut in federal spending in the event the debt ceiling is exceeded.
So if we don't, I'll tell you what this is.
You know, when your local community, state, town starts telling you about cuts, what do they do?
They tell you they're going to have to cut teachers.
And then they tell you they're going to have to cut firemen.
And then they tell you they're going to have to cut cops.
And what do you do?
Oh, no, no, no.
I don't want my kids sent safe.
I don't want that.
No, no, no, no.
Don't cut the teachers.
Don't cut the cops.
Don't cut the...
Well, I don't care.
You don't want the cuts then.
In fact, don't cut anything.
Same thing's being set up here.
Same exact thing.
Treasury Department not able to pay all its bills would need to implement an immediate 44% cut in federal spending in the event the debt ceiling succeeded.
Fine, do it.
On an annualized basis, the cut in spending alone is a 10% cut in GDP.
A report released yesterday concludes that Treasury would not be able to pay all its bills between August 2nd and probably not later than August 9th if the debt ceiling is not increased.
Handling all payments for important and popular programs, including entitlements and military pay, will quickly become impossible.
See how this is being set up.
If we don't raise the debt ceiling, military people don't get paid.
Can't have that handling all payments for important and popular programs, including entitlements, military pay, quickly become impossible.
No Social Security, no Medicaid.
I mean, if we don't exceed the debt limit, I mean, it's guess what?
All the Republicans' fault.
Republicans are sabotaging.
They want all this to happen so as to somehow help them at the ballot box in November.
Truth is, we would only default if we don't service our debt.
The cost of servicing the debt is 6% of the budget.
And we have revenue coming in to do that.
We do not need to raise the debt ceiling.
There is no crisis.
There is no Armageddon.
This is stimulus all over again.
It's just TARP all over again.
This is the same lie repeated over and over again.
The same attempt to make you think your country is coming to a screeching halt and is ending unless the debt ceiling is raised.
The thing is, our nation is on the brink and we need to save it, but it's not by raising the debt ceiling.
It's by getting rid of Obama.
It's by getting rid of the Democrat Party everywhere, anywhere it can be done.
That's the solution to the problem, not the debt ceiling.
We can service the debt.
We can make our debt payments.
Obama and his government are preparing to unload a list of horribles.
And this is just the first example.
This Hill.com story I just shared with you.
They are preparing to unload a list of horribles as often as possible, which the media will not only report, but then they'll go out and find faces to put to the horribles, to pressure the increase of the debt ceiling with minimal concessions.
It's going to start soon.
Shortly after this press conference, the media is going to go out there and find some person whose life will effectively be over if the debt ceiling isn't raised in an example used by the president during this press conference.
The endless parade of victims that the Democrats are famous for.
It's already in the works, I guarantee you.
Get used to it.
It's coming.
This huge list of horribles.
Now, of course, will be no reporting about what happens when the whole system goes to hell from the reckless spending.
There won't be any context.
It'll be a campaign by the ruling class to bulldoze through this.
And this example in the Hill.com, military doesn't get paid.
It titles don't get paid.
44% cut unless the debt ceiling is raised.
This is all laying the groundwork.
Like I said, like the local city council demanding tax increases, or they have to cut the cops and fire departments.
It's the same thing, except now Obama and the feds are adopting the same strategy.
Now we keep hearing, folks, we keep hearing from the ruling class that we can't do this.
We can't do that.
And what they mean is, is that they won't do this and they will not cut spending.
That's what they mean when they say, oh, we can't simply means they will not reduce the size of government.
They will not relinquish control of the federal bureaucracy.
Now, the idea that they cannot is nonsense.
If they can't, why are they there?
If they can't, they need to go because it needs to happen.
The point is, they will not change their policies, no matter what.
They will not change the Obama's not going to change.
The Democrats are not going to change.
There's no point in negotiating with them.
They aren't going to change.
It is Obama and the Democrats who refuse to take the steps necessary to revive this nation.
It's Obama and the Democrats who refuse to take the steps necessary to revive this nation's economy to create an atmosphere and circumstance for job creation.
It is up to them and they will not take the steps.
Same president, the same president who spent money so recklessly, who intentionally spent more money than we have, who knew he was busting the debt ceiling, in the Senate, refused to vote to increase the debt ceiling, by the way.
When he's in the Senate, he refused to do what he's demanding be done now.
Demanding that he continue to get his way, that we continue to grow the federal government, even if it means the collapse of the dollar, more massive debt, and more job losses.
Because all that matters to him and the Democrat Party is the government getting bigger.
Obama promised us that he was going to change the way Washington works.
What's he waiting for?
Because he hasn't changed a damn thing.
Whatever happened to, yes, we can.
All Obama does is set up preposterous choices.
It's a choice between food safety or corporate jets.
This list of horrible food safety or corporate jets.
Kids going to college or oil companies getting tax breaks.
These preposterous, unreal, don't exist choices.
Food safety or corporate jets, kids going to college or oil companies getting tax breaks.
This is what demagogues do.
This is the way Hugo Chavez talks when he's not being treated by Cuban doctors.
What the hell is with that, by the way?
What in the world did you see?
Hugo Chavez is in Cuba for medical treatment.
They say it's a pelvic abscess.
You know what that sounds like?
Sounds like one of his girlfriends got a little overexcited.
Well, what the hell else is a pelvic abscess?
Dawn knows what I mean because she's laughing in there.
Hugo Chavez in Cuba for medical treatment.
Everybody, he has no intention of going back down to place anytime soon.
He's wrecked it.
But all of these false choices, he's really harping on this corporate jet tax break today in this press cup.
Really?
Why?
He flies around on the biggest corporate jet ever while his wife flies around on the biggest corporate jet ever.
All of this is positioned.
We could get a deal and avoid a financial disaster if we don't increase the debt limit.
If the Republicans would only agree to more taxes or increase revenues, if only the Republicans, if only the Republicans, the only people who are trying to stop this collapse, Republicans.
If they would set aside reality and participate in this Washington sham, then all would be well.
We'd have a deal.
Obama, his regime, could continue their destruction.
It's all the Republicans' fault, you see.
Standing in the way of Obama's giant expansion of government.
Got to take a break.
Just getting warmed up.
Don't go away.
That's still going on.
The press conference is still going on.
And I'm not listening to it because I know exactly what the guy's saying, and so do you.
Welcome back, my friends.
Rush Limbaugh: The Reason God Invented Radio.
Yeah, we have to raise taxes so that children can have safe food.
Go to college.
Why go to college?
Are there any jobs?
Do you know in North Korea?
And I'm not suggesting that we emulate these guys, North Korea is shutting down universities, putting people to work instead.
North Korea saying no more.
They're just shutting down the universities and sending their kids to labor camps or what have you.
At any rate, Obama keeps talking about the need to expand the economy.
But then, out of the other side of his mouth, he's talking about increasing taxes on oil companies.
Can he really not see how that would hurt the economy?
Can anybody be that blind raising taxes on anybody at this stage?
Of course he knows.
Yeah, I know all these people, if they have jets and all these people that have oil companies, they can afford it.
They can afford it.
Let me tell you who's going to end up paying all these taxes.
It's not those people.
It's the people that work for them.
The middle class is always going to get soaked with these tax increases.
All of this is positioned in such a way that we can get a deal.
We could avoid a financial disaster if we don't increase the debt limit.
Folks, I got an idea.
Why not just eliminate the debt limit?
Why do we even have one?
Sort of like my argument on the minimum wage.
They say the minimum wage, pick a number, eight bucks an hour, is too low.
Okay, let's raise it to 10.
Yeah, that's good.
That's fair.
Okay, why not 15?
Hey, yeah, even better.
Well, if 15 is good, let's make the minimum wage.
How about $25?
Well, no, it can't go.
Well, why not?
With the same token, we got a debt limit, whatever it is here.
There's a reason it is a limit.
And every time we reach the limit, these people in Washington say we got to raise the limit.
Why even have one?
What's the point of a debt limit?
The point of having a debt limit is to give the Democrats a political tool.
That's the only reason.
The debt limit is irrelevant.
Every time we get to it, we have to expand it, do we not?
The debt limit never limits anything.
So every time we get to the debt limit, we have to expand it.
And some responsible people say, nope, we got to hold to it.
Ah, look who wants people to suffer.
Look who it is that wants kids to have no education.
Look who it is that wants the people flying the corporate jets to keep flying the corporate jets on the cheap.
Why even have a debt limit?
Republicans ought to just propose eliminating the debt limit or maybe make the debt limit a gazillion dollars.
Just to make a point, all of this is so patently absurd, it's infuriating.
Mike, Give Me Soundbites 3233.
Here is Obama with corporate jet owners in the crosshairs again.
Remember now, it was just last week at USA Today ran a story about how the corporate jets were starting to fly again.
Corporate jet owners were utilizing the aircraft.
It was a sign.
USA Today is so happy.
It was a sign of economic recovery today in his press conference.
Obama once again cranking up the class warfare.
If we choose to keep those tax breaks for millionaires and billionaires, if we choose to keep a tax break for corporate jet owners, if we choose to keep tax breaks for oil and gas companies that are making hundreds of billions of dollars, then that means we've got to cut some kids off from getting a college scholarship.
That means we've got to stop funding certain grants for medical research.
I think it's only fair to ask an oil company or a corporate jet owner that has done so well to give up that tax break that no other business enjoys.
This is just dangerous is what this is.
This is full-fledged demagoguery.
We're listening to this from the chief architect of the destruction of this economy and once again, pitting groups of Americans against each other.
One group is his aim is for one group of Americans to hate and despise another group.
What?
What do you banking on?
He's banking that most Americans will agree with him because this is fair.
And to a certain extent, there's some Americans who will agree with it.
Remember, it was last week or the week before I cited that column my brother wrote.
We're going to learn here pretty soon just what kind of country we are.
Do we have a country where we're approaching a majority of people who think the purpose of government is to equalize outcomes in life rather than equalize opportunity?
He's banking on that.
Obama's banking on the fact that that's what people want him to do, is to equalize outcomes, and that means take and then redistribute.
He wasn't through.
I mean, he said, you can still fly your jets, but he doesn't want to ground your jet.
The revenue we're talking about isn't coming out of the pockets of middle-class families that are struggling.
It's coming out of folks who are doing extraordinarily well and who are enjoying the lowest tax rates since before I was born.
They're lower than they've been since the 1950s.
And you can afford it.
You'll still be able to ride on your corporate jet.
You're just going to have to pay a little more.
If we do not have those revenues, then the kinds of cuts that would be required might compromise the National Weather Service.
It means that we would not be funding critical medical research.
It means that food inspection might be compromised.
Did I not tell you, did I not open this show with what was going to happen here?
This list of horribles.
This list of horrible things are going to happen unless we raise taxes, unless we punish the achievers.
And so here you go.
If we don't, if we don't raise these corporate jet taxes, some poor kid not going to get a scholarship.
And the National Weather Service might get cut.
And we might not fund critical medical research.
He's playing the card here, folks.
Class Envy 101, Class Warfare 101.
Now, this next bite, I thought we did this.
Audio soundbite number 34 here.
We did this with the pork.
So you got a question here from Juliana Goldman of Bloomberg.
Are you concerned the current debate over debt and deficits is preventing you from taking the kind of decisive and more balanced action needed to create jobs, which is a number one concern for Americans?
And also, one of the impediments to job growth, the business community cites, the regulatory environment.
So do you think the NLRB complaint against Boeing is an example of the kind of regulations that chill job growth and also that you yourself would call just plain dumb?
I think it's important to understand that deficit reduction, debt reduction, should be part of an overall package for job growth over the long term.
It's not the only part of it, but it's an important part of it.
So as I mentioned at the top, I think it's important for us to look at rebuilding our transportation infrastructure in this country.
That could put people back to work right now, construction workers back to work right now.
And it would get done work that America needs to get done.
And we used to have the best roads, the best bridges, the best airports.
We don't anymore.
And that's not good for our long-term competitiveness.
Stop it.
I don't want to hear it anymore.
That's what the porkulus was for.
Shovel-ready jobs, which, of course, he laughs about now.
Shovel-ready jobs.
We were supposed to have already done all this construction work.
We should have already rebuilt our transportation infrastructure.
The best bridges, the best airports fixed all these roads and schools.
That's what the porculus was for.
But we know now that it wasn't.
That was just a slush fund.
Pure and simple.
Stimulus money was simply a money laundering route to make sure a percentage of that money ended up in campaign war chests of various Democrats.
You know, you won't hear any talk about the EPA budget, 125% increase in the last two years.
Environmental Protection Agency increased 125% the last few years.
You'll notice there's not one syllable's worth of discussion of cutting anything in government.
There won't be any talk about the $1 trillion wasted in that phony stimulus bill.
No.
In fact, we have to now do, like we never even talked about it before, the things that stimulus money was for, infrastructure, shovel-ready jobs.
There won't be any talk about all the new departments, all the new commissions and expenses involved in Obamacare.
Oh, no, we're not going to hear anything about reducing and rolling back Obamacare.
Did you hear about the story about people spying on doctors?
The federal government was going to hire people to go into doctors' offices to spy on them To gather information on how the doctors were operating, report back to a federal agency.
That's been discovered, and now the government says, okay, okay, we're not going to do that now.
No, we're not going to hear about the bloat throughout the federal government.
We're not going to hear about the bloats in Obamacare.
Nope, we're going to hear about little old ladies.
We're going to hear about some poor, long-haired, maggot-infested, dope-smoking kid who can't get a scholarship.
We're going to hear about a poor private in the military.
We're going to hear about a Downs syndrome child or a cancer patient going without what they need to survive, all because we won't raise the debt limit.
Why do we even have a debt limit?
It doesn't exist.
Every time we approach it, we have to expand it.
The unnerving thing here is that the very people who are destroying the jobs and businesses and even the federal programs they claim to support are positioning themselves as the saviors.
Here comes Barack Obama, leader of the destroyers.
Barack Hussein Obama, who has destroyed the American private sector, who has destroyed the job creation engine of this country, now comes along today as a savior.
He is the man who's finally going to save it as though he's not worked a day since 2008.
This is his first day on the job.
And he's discovered that the Republicans are sabotaging the economy and they're making it worse for their own reelection efforts in 2012.
And he's going to come in here and save the day by raising taxes on the oil companies and corporate jet owners, all the while claiming that they are trying to protect the middle class.
They will claim in order to protect the middle class that we need to take more property from the rich.
They will claim that there really is not this horrible problem in future years, that we need to spend more and tax more, that the Republicans and the people on the radio, they're just trying to scare you, that the future of the country is not at all what these people say it is.
We just need to spend more.
We just need to tax more.
There really isn't that big a problem.
The only problem is that the people that deserve all the assistance and all the benefits aren't getting them.
It's amazing, isn't it?
As the government grows and creates all this damage, the answer is always to grow it more.
We've just gone through a 29-month experiment with socialism.
Big government.
It is a disaster.
We are living it.
And yet we are told to ignore all that we know, ignore all that we are experiencing, and we are supposed to support more of the same.
It's always amazed me.
Government creates a problem.
Government creates a program.
Ends up being a problem.
Goes haywire.
Somehow, only the government can fix it.
And to fix it, we need more of it.
So government creates a problem.
The problem exacerbates.
And the government comes along and says, well, we need to fix it with more of what has made it go wrong.
29-month experiment with socialism.
We're living it.
Big government.
It's a disaster.
And everybody paying attention knows it.
Has anybody seen a list of Obama's proposed spending cuts?
Has anybody seen Obama's Medicare reform plan?
No, because he hasn't proposed any spending cuts and he doesn't have a Medicare reform plan.
Have you ever seen a more detached, irresponsible president who issues his demands, expects everybody else to clean up his mess, and then at the 11th hour, like now comes in, some kind of conquering king.
You notice how the ruling class never puts the onus on him to deliver.
We are where we are today because of Barack Obama.
Obama even knows it.
He has no intention of running for re-election on his record.
Ain't no way, Jose.
There is no way Obama runs for re-election on his record.
His record is so god-awful, there is no way anyone who's rational could conclude otherwise.
It's so bad we're being told we must do more of the same.
It is so bad we're told that we can't change horses in the middle of the stream.
It is so bad that to turn it over to anybody else would just be the biggest mistake in the world.
It is so bad that we have to stick with this plan because it was worse than we thought when we took over.
Is that right?
He just, I'm told here by official program observers, Obama just said, we have the faces and stories of the people who will get hurt, and then we will solve the debt crisis.
So if we have the stories and the faces of people who will, well, you know, they've got the faces and the stories.
This is what I said, folks, the beginning of this show.
Cutting edge, told you.
They're going to come forward with a list of horribles and they're going to put faces to these lists of horribles.
It's going to start this afternoon.
If we have the faces and stories of the people who will get hurt, then we will solve the debt crisis.
So that's what they're going to hit the Republicans with.
And eventually the Republicans probably will cave.
Well, I hope not.
I hope they don't cave, but it's tough.
You know, you bring home, here's some long-haired maggot-infested, dope-smoking FM guy who can't get a scholarship.
Then you bring up some horribly sick, disfigured old person and say, this person's this way because Republicans are not willing to spend the money to help her.
It's time-tested.
It's been used over and over again.
We'll see.
I hope they hang tough on this.
At any rate, I can take a quick break here again, my folks.
Time's zipping by.
We'll be back and resume right after this.
And we're back, Rush Limboy, at the EIB, Southern Command, having more fun than a human being should be allowed to have.
Don't tell anybody, folks.
The Democrats passed and Obama signed a tax break for corporate jets as part of the stimulus.
I got the story.
Fox News, February 2009.
I'll click on it.
The headline, stimulus includes tax break, promote private jet sales.
The stimulus bill from Barack Obama that he signed included a tax break to promote the sale of private jets.
He had to do something to recover from that loose-lipped command.
He was out wandering syllabically one day, not knowing what the hell he was talking about, saying, oh, those days are taking a corporate jet to Vegas, those days are over.
Well, that got him in some trouble with some people.
So later on, as part of the stimulus, and they didn't trumpet this, but I've got it here.
There was a tax break to promote private jet sales in the Porculus bill.
The incentive, it was first used to help airplane makers recover from the 2001 terror attacks, sharply reduces the upfront tax bill for companies who buy assets like business planes.
So here he is, though.
All that doesn't matter.
Everything he says has an expiration date to it.
Folks, let me tell you something.
This man's record is so god-awful, there is no way anyone who is rational could conclude otherwise.
He cannot run for re-election on this record.
He cannot do it.
There is no problem we can't solve in this country if we remove Obama from office the next election to remove his party.
There's nothing we can't do.
We can fix this.
We can solve every problem once we get rid of Obama, get him out of office, and get rid of the Democrat Party from positions of power and replace them all with not with Republicans, conservative Republicans.
Is there any doubt in your mind whatsoever that a conservative president would know what to do and when a conservative Congress could get it done?
Is there any doubt they would cut spending across the board, cut the job killing and growth killing regulations, and unleash the private sector, including our energy companies?
There's no doubt conservative Republicans could do all of this and erase this mess, at least get started erasing it overnight.
And let's see here.
Yeah, we got a cute little special offer here for 2F by T coming up in the next hour.
I want to tell you about it.
It's good only through today.
Well, I'll give you all details when we get back.
Still lots.
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