All Episodes
July 12, 2011 - Rush Limbaugh Program
32:09
July 12, 2011, Tuesday, Hour #3
| Copy link to current segment

Time Text
And welcome back, my friends.
Great to have you here.
It's Rush Limbaugh and the Excellence in Broadcasting Network.
And I, of course, am Rush Limboy.
You know that, America's real anchor man, and the reason God invented radio.
Sitting here doing what I was born to do.
As are you.
I was born to host, and you were born to listen.
Dutch drivers committing insecticide.
Dutch motorists kill about 133 billion insects a month, splattering bugs on their vehicles and eliminating important members of the food chain.
This, according to a study released this week, biologists at Wangeningen University in the Netherlands enlisted the help of 250 drivers for a splash teller study.
Each motorist had to wipe his or her car license plate clean and then tote up the bug body count at the end of their drive.
They are by far the richest species groups in all countries, therefore play an essential role of food chains, said biologist Arnold Van Villier, one of a team working on the project.
Many birds, like squallows, depend on insect density.
If insect numbers are low, they inevitably face severe problems finding food for their young.
If it's bad in the Netherlands, can you imagine how bad it is, say in South Carolina?
Or I'm just tweaking the left here, folks, or how bad it is in North Carolina or Mississippi.
Yeso City.
Of all of all the things.
Anyway, uh we are by necessity, I think spending a lot of time on the debt limit of discussion, the subprime debt ceiling war, which is really what this is.
After what we have been through with the subprime mortgage crisis, which really is a central contributor to the economic circumstances that we find ourselves in.
By the way, I don't know why everybody's worried about the insecticide that's taking place, because with all the windmills over there, we're killing the birds anyway.
So there are fewer birds needing to eat insects.
So I really, folks, it's not a problem.
And the day we start worrying about insects, can you believe what they're trying to do here?
Now they're starting to try to compassion for insects.
Do you realize compassion is why we're where we are?
This notion of compassion and fairness using other people's money to buy votes and try to equalize outcomes.
Just now compassion for insects.
But the birds are being wiped out with uh with all these windmills.
That's a wash.
But I, after going through the subprime mortgage crisis, you would think that it would be at least a hundred years before we wanted to do it again.
At least, if not a hundred years, at least a generation.
Now we're still suffering the subprime real estate disaster, which was people buying houses they couldn't afford, borrowing money they couldn't pay back, hyped by politicians looking for votes, covered by slick numbers crunchers, making believe that it was all fiscally responsible.
That's what we had with the real estate disaster.
And that's what we're now getting with this debt ceiling disaster.
Look at me, folks.
It's this simple.
We cannot keep spending and borrowing.
Now you can talk about we're gonna we're gonna hear more and more talk about the high cost of borrowing if the credit rating isn't lowered, if we don't raise the debt ceiling, all lo and behold, our credit rating is gonna be downgraded and so forth.
What you will not hear is that the real threat to our credit ratings, not the debt ceiling, but the irresponsible spending and borrowing.
I I will I will guarantee you.
If the debt ceiling is raised, we're still gonna have the fear of our credit rating being lowered.
You watch.
Make a note, snurtly.
Put it on the counter.
I want to remember this.
July 12th, 2011.
Because we've really raised the debt ceiling, and we're still going to have the same fear of the credit rating being.
Nothing's going to change.
The crisis will go on.
The crisis will not end.
The Democrats can't afford to let the crisis end.
Remember this question.
What if no one wants to buy our bonds?
What if we have a treasury bill auction and we don't sell them?
What then?
And that is a legitimate concern.
And it has nothing to do with the debt ceiling.
It has everything to do with deficits, everything to do with irresponsible government and spending.
What if nobody buys?
You know there's going to be a pretty good test of this coming in August.
There is, you know, August is a maturity date for a significant number of bonds.
Now a lot of people, when their bonds mature, roll them over.
Do you know what that means, Snerdley?
What?
Yeah, you just you just reinvest in the same thing.
You just you just take the bonds of maturity, you buy the and you buy more bonds.
Just roll it over.
Well, we've got to be able to afford rowing it over.
We've got to be able to do that.
That's where the debt ceiling comes in.
And we will have the money to do that for a while, because revenue keeps pouring in.
But then what if they want their cash?
Okay.
Well, full faith and credit, U.S. government, you pay up.
They want their cash.
What if they don't buy more debt?
That's the question.
What if nobody wants to buy our bonds?
That's the next real crisis.
It's nothing to do with what we're talking about.
That crisis.
Well, Banke Bernanke has already bought bonds at QE1 and QE2.
We have to have somebody besides the own our own Fed buy them.
If uh if if if that question becomes a factor.
What if nobody buys our bonds?
That has nothing to do with the debt ceiling.
I'm telling you it has to do with their irresponsible spending, our lack of dealing with it, lack of budget cuts.
That's what's uh that's what's headed down the point.
We can't keep spending and borrowing.
We can't keep promising we'll cut spending while we increase it.
And we can't keep jiggering numbers so it looks like we'll cut spending in 10 or 20 years.
Obama wants us to eat our peas.
But that's not all we'll have to eat if he gets his way, folks.
With your peas will be the excrement sandwich.
And some days you might get mayonnaise and mustard and other days not, but you're still gonna get the excrement sandwich.
Along with your pee.
Pee's are going to look good.
I'm going to look good.
And I'll tell you what has me climbing the walls on this stuff, as I've been mentioning since uh last week, is when this guy, the architect of this disaster, stands up there and says we have to show fiscal responsibility.
We have to defend the full faith and credit of the United States.
We have to preserve the dollar.
The destructor, the destroyer, the guy whose policies have lived all this, standing up now after the fact, after he's spent all the money, after he's done it, telling us we have to be fiscally responsible.
We increased the debt ceiling by almost one and a half trillion dollars just a little over a year ago.
And what did we get?
Now we have to increase it by over two trillion for another 11 or 12 months.
That's all we're talking about here, is another 11 or 12 months, maybe 13 or 14 months.
Why have a debt limit if it doesn't exist?
If all you're going to do is blow buy it, why even have it?
A little over a year ago, we raised the debt ceiling one and a half trillion.
And Obama, When he was a senator, was opposed to raising a debt limit.
Said we have to get responsible.
We can't keep this reckless spending up.
These creeps.
I despise them.
Folks.
I know what they're doing.
We all know what they're doing and are going to do before they do it.
Everybody knows it.
They've been doing it for 50 years and they keep doing it.
And they keep insulting us and everybody else.
Anyone who says, let alone thinks that raising the debt ceiling of one and a half trillion a little over a year ago, and another two trillion pretty soon.
Anyone who thinks that's fiscally responsible, or is defending the dollar, or is preserving the full faith and credit of the U.S. deserves what he or she gets, because this is destroying it.
We are destroying the dollar.
This is fiscal irresponsibility, and the full faith and credit of the United States is under assault for Mr. Obama.
Brief time out.
We'll come back.
We will continue in mere moments on the EIB network.
Sit tight.
Folks, we're doing our third week here at 2 If by Tea.
Our website, 2ifbyT.com.
And uh job down this phone number.
If you don't like to order things on the internet, we have a call center.
And uh Brian's ready to write it down even now.
8662 1776.
We're into our third week now.
Or maybe fourth.
Time is uh is everybody well, we announced it on June the 15th, so yeah, third week.
And you ought to see uh some of the emails that we're getting from people.
We got an email the other day from a woman who said, I loathe tea.
I hate it, I despise it.
I want you to understand how much I hate tea.
So I bought a 12-pack for my sister, and I was gonna give it to her as a surprise.
I had it shipped to me.
I decided to taste it.
She tasted the diet raspberry, and she loved it.
She said it was one of the best things she'd ever tasted.
She did not give it to her sister.
She ordered more.
We are getting uh replies and and feedback like that from uh from people all over the country.
Uh, and it's really gratifying to see.
We've got a corporate sponsor here with a great Marine Corps Law Enforcement Foundation.
Um we we sponsor them.
I mean there I want to be proper.
I don't we are sponsoring M Pl M Clef with uh twoifytea.com.
It's internet only.
We want to be totally in charge of distribution here, or telephone, but it's it's um uh free shipping is is the thing that you have to remember.
Our price 2376 for a 12 pack.
They got two flavors, regular and raspberry, diet, and sweetened, but not with uh the fructose corn syrup, this is the real stuff.
And I tell you, it is delicious.
Now I've resisted, people ask me what's my favorite.
And I've resisted identifying one as a favorite because I don't want to start a run on it.
But I'm gonna I'm gonna break it down and tell you the diet raspberry, or I the the regular raspberry is just as good.
The sweetened raspberry is just as good.
You've never tasted anything like this.
We have compared, in fact, we're we have had a couple big powwows the past couple nights, got a couple new flavors coming.
We've gone through the process again, like we did for these first two flavors.
We spent a lot of time uh mixing and matching ingredients here to come up with the exact and we compare to you know other product out there.
And I there's no comparison.
If you're a tea lover, I guarantee you this is the best that you can get.
We have made all the effort necessary for that to be possible.
So we have free shipping, it's three days max.
We got it handled.
We got warehouses all over the country, make sure the shipping time is in three days.
Uh so just go to twoifytea.com.
If you haven't tried it yet, you really should.
Summertime, made to order.
Crack open a bottle and pour it over some ice and listen to the crackle.
And once you taste it, you'll never go back to anything else.
And you'll want more.
You'll be asking yourself, why didn't I order more of this stuff?
And again, the telephone number is 866 662 1776.
Free shipping anywhere in the 48 states.
It's additional for Alaska and Hawaii.
I played golf with a friend of mine, Hartley from Hawaii on Saturday, giving me grief about the additional shipping cost to I said, Well, you can afford it.
Don't complain to me.
Yeah, but it's free for everybody else.
Well move then.
Wise guy.
Two if by tea.com or 866-662-1776.
Bill in Naperville, Illinois.
Welcome to the program, sir.
Great to have you here.
Hey, thanks, Rosh.
Harmless Fuzzball Ditto's Thank you very much, sir.
It's great to talk to you again.
Listen, I we've really been thinking about all these issues with the Obama economy.
And um even though you have official, you know Obama criticize you there, I really think that this is a job for Al Gore.
And if you go back to the 92 campaign, if you would recall, you did a great spot on the TV show.
Everything that's up should be down.
Yeah, that's right.
And everything that's down should be up.
I mean, think about it.
Gas prices are up.
They should be down.
Unemployment is up.
It should be down.
You know, disposable income is down.
It should be up.
He wants to raise taxes.
They should be going down.
You know, when you go through this, and I've we played Pat Cadell talking about how he's seen this before with Jimmy Carter, and we went back and we played the Carter sound bites.
What really strikes me is how this does repeat itself.
How the same ta we are up against the same deranged people who use the same approach each and every time.
They have nothing new or nothing original, and everything they're about is the manipulation of the mind.
They do not approach us with honesty.
They do not approach us with integrity.
They do nothing but use as Calypso Lewis called it, trick analogy.
And you're right.
I remember that Al Gore soundbite.
Everything that should be up is down, and everything that should be down is up.
Well, it's true now, it's true every time a Democrat is in the White House.
If I could add to that, right.
No, feel free.
Add all you want.
I'm sipping tea.
Oh, okay.
Um, if you recall, it was a criticism of the Bush economy, and we had we had already come out of the recession after two quarters of down GN GDP.
And he was sitting there and and talking about everything that was down should be up.
Well, the fact of the matter of of it was unemployment was going down.
And he claimed it was going up.
Well, I know, but so the truth never matters.
It's this is with these people, it's never it's never about the truth.
It's it's it's not that it's not that history uh repeats itself all the time and predictably, what I mean with a certain time intervals, but stupidity sure as hell does.
So well, true.
I mean, I just think it's and it I think when you say Gore talking about you mean Bush 41, right?
This is I mean the elder uh president of the Bush 41.
I'm I'm a little I I've I've never liked calling him senior and junior because they're not really senior and junior.
They're yeah, I prefer to be able to do that.
That's right.
Exactly.
One's George H.W. George Herbert Walker, the other is George W. George Walker Bush.
That's correct.
But they somebody that family loves the walkers.
Well, isn't that uh uh isn't that a maiden name of somebody uh No, it's an actual guy, George Herbert Walker, and he was uh instrumental uh in the Bush family uh making it.
I think George Herbert Walker is who the Walker Cup is named for.
Oh, really?
Yeah.
Connecticut guy.
Yeah, and well, in fact, uh um wasn't Prescott Bush, wasn't that that's uh H George H. W. Bush's dad, yeah.
And I think I think Connecticut.
Yeah, and I think uh the Walker guy was his bud.
That's that sounds correct.
Right.
So but I just thought I would share that with you, and I thought that would be a great clip, and and uh that would be it it drove the point home to a lot of people, I think in ninety-two that here these people would say anything, and it was just a you know they do.
Well, cookie, we've got the archives of the TV show.
And I'm sure Cookie is even now feverishly looking for the buy since you brought it up.
That's what happens.
That's how it works here at the uh EIB network.
So if she can find you before the end of the program, then we'll uh we'll have it.
I know she just got back from vacation, she's just getting her sea legs back.
I have full faith and confidence and credit.
And I was sipping tea while talking to that guy, and you people watching a dental cam, you can see it.
I'm holding you right.
It's almost the this bottle's almost gone.
You chug this stuff.
You cannot sip two if by tea uh dot com.
And by the way, this bottle, everything about this tea is the bit.
This is the best bottle.
It's not some flimsy.
You know what some of these bottle companies have the bottle is so flimsy you can squeeze it almost in half with the with the beverage in it.
And they say, Well, we're going green.
That's environmentally responsible.
We're going green.
We're using less plastic.
BS.
They are cutting corners with money.
Our bottle, top shelf, firm.
You can't break it.
It's not gonna fall apart in your hand.
It doesn't feel like uh a breast implant.
It feels like something.
Where did that come from?
Well, you know, the point is this it's the best bottle, too.
And it's look, I mean it's got the best bottle shape that you'll ever find, too.
I just got an email from a buddy of mine, a loudmouth golf.
They make these great uh golf slacks and shorts.
John Daly wears them down.
I used to wear them.
And uh he says, you know, I love that uh your tea.
I did the checkout press that I was done in fifty-eight seconds.
So your website checkout is uh one of the fastest out there.
I I know, I know.
I mean, I I appreciate it.
My Rush, my receptionist hates you.
Lifelong Democrat.
Never listen to you.
This really hates you, nevertheless.
So I bought her two cases, two if by tea, decided to have a little fun.
I covered a label on a bottle of the raspberry diet tea, and I asked you to taste it.
She said, This is really good.
I expected her to stick her finger down her throat after peeling back the paper hiding the label, seeing your face, but she just laughed, took another sip.
Convert.
Likes.
Still hates you.
Likes the tea.
Odessa, Florida and Tom, great to have you on the EIB network.
Hello.
Thanks, Rush.
How are you doing?
Um, this is the busy banking executive from uh Odessa, Florida calling to say hi to Doug down in Sarasota.
I know he's listening.
I think what really needs to happen for the Republicans here is uh as Obama threatens to cut off the social security checks for the uh old people.
Uh the Republicans should list the expenses that are being paid at the detriment of our seniors to show how this is really just a political ploy on his part.
Wait, wait, be sp what do you mean now?
List the expenses that are being paid to the detriment of our seniors?
Yeah, he's saying he's not gonna pay the senior social security checks, but what about all those payments that are gonna be made?
And let's have the Republicans list gonna be I get you.
Okay, yeah.
Why it's like it's the same thing.
They always at the local level, if their budget cuts in your town, we gotta get rid of the cops and the firemen and in the teachers.
And people go, oh no, oh no, you can't do that.
Same trick here.
So what you're suggesting is Republicans put a list out of all the other people Obama is gonna send checks to.
Because you know it's gonna be all his buddies and his cronies and and all the people that you know are padding his skids anyway, so it'll just show what a what a snake this guy really is.
Union buddies are gonna get their money.
And acorn will get their money.
That's exactly that's a great idea.
That fabulous idea.
You so you're a busy investment banker.
No, no, I'm a commercial banker.
I'm not an investment banker.
That's oil and water.
We don't like those investment bankers very much.
They don't work hard enough.
But you're still busy, you said.
Very, very busy.
Well, that's good.
What are you denying people loans?
Oh, that's what I'm in the business to do.
Which don't you understand?
The N or the O. Right.
Okay.
Thanks very much.
I appreciate that.
Tom and Odessa, Florida, who's in business to say no to people who want to borrow money.
That is a great idea.
And if you're just joining us, Obama did an interview with Scott Pelley, who's the new anchor of the CBS Evening News.
And I I don't mean to insult Scott Pelly here.
If I didn't know better, I would say that the White House handed Scott Pelley the questions.
That they handed him a transcript of this interview in advance, and he dutifully followed it.
Can you guarantee, Mr. President, that if there's a shutdown?
Can you personally guarantee that Social Security checks will go out?
I can't, Scott.
I'm glad you asked me that.
I can't guarantee.
And that's just to see old people, Scott.
It's veterans too.
I can't guarantee it.
Checks probably won't go out.
Can you guarantee personally, Mr. President?
Can you personally guarantee?
Checks will go out.
Nope.
He's got a gun to the heads of seasoned citizens.
Economic terrorism.
Economic terrorism.
And Scott Pelley couldn't challenge Obama about his claims at all.
Couldn't challenge him.
Is he really that uninformed?
We'd only have the excerpt.
We don't know if he challenged him or not.
What are the odds?
But we haven't seen the excerpt, so we don't know.
Now I ask you a question.
Is Obama acting like the grown-up in the room when he tries to scare senior citizens about their social security checks?
Is that being responsible?
He's been talking about how we need to be responsible and know all the maiden's in.
We need to stop all this childishness.
Is that even being civil?
To say that he can't guarantee that social security checks will go out.
Okay, time if he can't guarantee it.
It's time for a commercial.
Barack Obama pushing a woman in a wheelchair over the cliff.
Welfare checks.
Well he wasn't asked about the welfare checks.
I'm sure they'll go out.
Sure the welfare checks will go out, yeah.
That's the guy's point.
Put out a list of all the people that will get their checks.
A Medicare.
Will old people get their Medicare?
Will old people get their health care?
Is that going to stop too?
Will the poor get their Medicaid?
Will the poor get their health care?
That commercial.
That's what we need, folks.
Obama pushing.
Grandmother in a wheelchair over the cliff.
This written at Ryan commercial right at him.
Here is the soundbite that we play.
This is sometime during the 92 presidential campaign.
Al Gore on the ticket with uh with Bill Clinton.
Audio soundbite number 25.
This is what the guy called about, and we have the audio.
Unemployment is up.
Personal income is down.
Bankruptcies are up.
Real wages are down.
The budget deficit is up.
Housing cards are down.
Fear is up.
Hope is down.
Everything that should be down is up.
Everything that should be up is down.
That's Al Gore, 1992.
That's what the caller was talking.
Amazing how this stuff just repeats itself.
And here's Dingy Harry.
Worst yet.
This afternoon, Dingy Harry, he's uh at a press conference here.
Failing to raise the debt saving will be a major problem for the millions of Americans who would not receive Social Security checks.
And for our troops who wouldn't get paid.
It would cause the stock market to crash, draining American savings and retirement funds.
I've watched Secretary Geithner during the course of these discussions become more concerned and more solemn each time we meet.
Oh, little little Timmy's getting depressed.
Little Timmy getting depressed.
Timmy, the tax cheat is getting depressed.
What?
Right.
All right.
If if all this is going to happen, he's well, all this is going to happen if he doesn't get his tax increases.
That's what he's talking about.
If he if he doesn't get his tax increases what he's going to let's why mean he can stop this.
He's in charge of this.
Jay Carney out there saying he doesn't get a vote.
He doesn't, he does have a vote.
No question.
You want to take a stab at your question again?
What is your quote yes?
Right.
Right.
Okay.
Well, I don't know, Sturdley.
All we can do is play this now sound by 2006 or December 6, 2010.
He's all opposed to tax increases.
He's going to raise the tax bill for average Americans $3,000 a year.
Can't have that now.
What?
Uh seven months later.
Gotta raise taxes.
No.
No.
No, he's totally to do with the election.
He took a huge hit from his base during that lame duck in December when he did not do away with the Bush tax rates.
And we predicted then that part of his campaign would be to raise them, get rid of them.
Raise taxes.
That's he's doing.
He's he's he's pandering to his deranged base here.
But he's also doing what he wants.
He did not get what he wants in the lame duck.
He did not want to keep the Bush tax cuts.
He he knows that he he can't totally destroy all this and still get elected.
He's gotta he's gotta pace it out.
He's gotta pace the destruction so that he has uh look at he's not running on his record even now.
He's running on the Republicans.
John Boehner, I'm telling you, John Boehner's his lifeline.
If Boehner caves, Obama's re-elected, that's how he's looking at it.
That's precisely how he sees this.
I get Boehner to cave, because what that means is that the Republican base is so ticked off that they form a third party or they don't vote for Republicans.
Just totally fed up.
That's what Obama knows.
Uh gotta take a brief time in here, my good friends, but we'll be back and continue before you know it.
Kurt in the Bay Area, California.
Hi, great to have you on the program, sir.
Uh, thank you so much, Russia.
Um, you know, I know that you love football, and I've been a football coach for 25 years, and I've got a really key point.
You know, I look at Barack Obama, he's been calling the offensive plays, his game plan for about two and a half years now.
Yeah.
And his team is getting blown out.
And so now his answer is to demand that the Republicans and about two-thirds of the American people agree to change their defense and adjust the rules in order to let his team move the football downfield and score.
That's how I look at it, Rush.
What defense does he want us to use?
Uh well, Obama wants the defense to be changed to anything he believes will allow his team to score, and that is raise taxes and increase the new ceiling.
The prevent defense prevents victory.
The preventative we he just wants us to keep giving up yards and giving up yards, doesn't care if he really scores until later in the game, because that's an excellent analogy.
We're creaming him, so he wants us, he wants us to to willingly weaken our defense.
There's no question.
And it's so widely known.
We had Marco Rubio on earlier today who said, yeah, but they may not get away with it this time because it is now so widely known.
The strategy that they employ, The economic terrorism scaring senior citizens.
You know, that the Social Security thing really has not worked in elections for a few cycles now, folks.
All right, folks.
Um, thanks so much for being with us today.
As you are every day, made this the most listened-to radio talk show in the country consistently for 22 years.
Anniversary 23 coming up in 18 days or 19 on August 1st.
That's just uh stunning.
It doesn't it's really going by fast some days.
We'll see you tomorrow.
Export Selection