I know I said I was going to get the calls last hour.
I told the staff right when coming out of a break, okay, phone calls next.
I just told them and I didn't get to phone calls and they're reminding me.
Look at, I'm going to get to the phones.
I'm just ticked off today.
I'm just ticked off.
I'm just, it's one of those days.
You know, I don't suffer fools very easily.
Normally, I have a lot of patience and I let it roll off.
I normally put the boundaries up there.
It doesn't bother me.
Today, I'm sick and tired of being surrounded by utter idiots.
I'm just tired of it.
And so I'm sorry, I'm venting on all of you.
And if you wanted to call here and say, hey, Rush, stop bleeding on me, I wouldn't blame you, but I'm going to keep bleeding.
Greetings and welcome back.
800-282-2882.
If you want to be on the program, the email address, lrushbo at EIBnet.com, get this.
News from Reuters.
Service sector growth slowest since 2010.
The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February of 2010.
And the number of jobs created by the private sector also slowed.
Reports showed on Wednesday.
And get this now from the Reuters piece.
Economists say the economy could face a further drag from the budget deficit cutting plan approved by Congress this week.
This is the kind of stuff that I'm telling you ticks me off.
The kind of stuff that makes me think that they think that we are all saps and that we are all fools.
We had to go through three weeks of what turns out to be a meaningless Armageddon where the Republicans were compromising with themselves, negotiating with themselves over a totally made-up crisis.
And that is the default of the U.S. government.
It was never going to happen.
And yet that became the equivalent of the financial crisis of 2008 where we had to have TARP and we had to bail out the auto companies.
We had to do this and we had to do it now or else.
And they keep getting away with this.
And so now we did this deal.
And this deal was supposed to be the salvation.
This deal was supposed to buy us time.
This deal was supposed to ward off Satan and his sandwich.
This deal was supposed to buy us some time at least till Christmas.
This deal was supposed to bring us a little peace.
This deal was supposed to bring us a little compromise.
And now here it is.
When did Obama sign this stupid thing?
Yesterday?
Last night?
So in one day, we have a story from Reuters.
Economists say that the economy could face a further drag from the budget deficit cutting plan approved by Congress this week.
Wait a minute.
I thought this bill was the salvation.
Now they tell us one day later that the economy could face a further drag because we did this deal.
And why?
Because it's a deficit cutter.
And it's not a deficit cutter.
So my prediction comes true in one day.
Phantom non-existing spending cuts are reported today by Reuters to be the reason for an economic slowdown.
And you know what that means?
Well, since we've done all this massive cutting and that has resulted in this slowdown, why we've got to have some stimulus.
We got to have some stimulus and we got to have some tax increases.
In one day, folks.
One day.
Now, this isn't based, there's a story out there from the Challenger Gray Christmas bunch.
This isn't based on their report.
This is another report.
More from Reuters.
The Institute for Supply Management said its services sector index fell to 52.7 last month from 53.3 in June.
The reading fell shy of economists' forecasts for 53.6, according to a Reuters survey, though it was still above the 50 figure that indicates expansion in the sector.
So what spending cuts led to our first quarter GDP of 0.4%, huh?
What spending cuts?
Reuters is telling us that spending cuts, the budget deficit cutting plan, what spending cuts gave us a growth rate of 0.4%?
What spending cuts led to our second quarter growth rate of 1.3%?
What spending cuts?
We're being lied to by the news media, by the administration, by all of Washington.
There aren't any spending cuts.
There have not been any spending cuts.
Today we're being told after this wonderful deal that the deal itself has resulted in an economic slowdown in one day.
Cuba's gross domestic product is 1.5%, by the way.
Cuba's government economy is growing faster than ours.
Our GDP is 1.3.
Cuba, 1.5.
Of course, they're communists, they lie.
Of course, our people are communists, and they lie.
So who the hell really knows?
We're being lied to by everybody about everything.
Another damned Armageddon.
Everybody falls for it, hook, line, and sinker.
The people out there claiming Armageddon get exactly what they want, and in one day tell us that the salvation is responsible for a further decline in our economy.
Hubba, hubba, hubba.
Planned job cut surge, 60% in July.
Private sector, wave of private sector, this is the Atlanta urinal constipation, by the way.
A wave of private sector downsizing pushed the number of announced job cuts by U.S. employers to a 16-month high in July.
According to a report released today, 66,414 announced job cuts last month were up 60% from the previous month, according to the report by Challenger, Gray, and Christmas.
And what I just told you about the service sector cuts is not this.
They're two separate reports.
July's planned cuts represented the largest monthly total since March of 2010.
So two separate reports the day after we get utopia.
And here from CNNMoney.com, job growth stalls, layoffs surge.
The jobs recovery slowed for a third month in a row, according to two reports out Wednesday.
Private sector employers added 114,000 workers in July, marking a decrease from the 145,000 jobs added in June, said ADP.
Meanwhile, a separate report showed more firms are opting to downsize rather than add to their payrolls.
Now, we were supposed to be at 6.2% unemployment by this time after the stimulus.
We're supposed to have had two summers of recovery.
All of the shovel-ready jobs that are now laughed at as a joke, all of the infrastructure stuff, all that spending was supposed to put everybody back to work.
Just one lie after another.
And the end result is the destruction of the United States economy.
You know, a better way to say it is destruction of the American family.
Because that's really what is going on here.
The destruction of the American family.
And from the Washington Post, stocks plunge.
S ⁇ P turns negative for 2011.
Stocks posted their worst daily decline in nearly a year yesterday, wiping out the year's gains and raising fresh questions about the strength of the economic recovery.
Who in their right mind has any fresh questions about it?
This is what I mean.
I can't, don't suffer fools raising fresh questions.
These questions are three years old for crying out loud.
Questions about the economic recovery.
In fact, we got the answers.
Nobody wants to employ them.
And shouldn't this raise some question about the economic reports we've gotten from the media over the last few weeks, especially since we were told that the only way to avoid an economic Armageddon was to raise the debt limit.
So we raised the debt limit, and now we've got three stories on economic decline the day after we raise the debt limit.
This can only mean that the stock market is racist.
How is the stock market racist?
Because it's not doing what Obama wants it to do.
Any criticism or any failure to go along with Obama obviously is racist.
Here, Rab Audio Somebody 23.
There's a bunch of clucking hens on the view today.
Co-host Joy Behar spoke with co-host Sherry Shepard about Representative Doug Lambourne using the term tar baby.
See, you've got these Democrats calling us hostage takers and terrorists and baby killers and all this other stuff.
And here they're focusing on this Colorado Congress and using the term tar baby while referring to Obama's policies.
And Behar said, tar baby cookies were taken off the shelves, if you remember.
There was a tar baby cookie a few years ago.
You call President Obama the Rush Limbaugh, Barack Obama the magic Negro.
I mean, it's all these little things that I go, wait a minute, I'm tired of giving people a passcode.
And then they do an apology and say, I didn't know.
I've never heard of purists called Nixon, Clinton, Bush, Reagan, a tar baby.
I don't care.
They never use that term to say we want to extricate ourselves.
Limbaugh made it back to us, though.
It's not like he apologizes.
I ain't got nothing to apologize for.
I didn't even make up the term.
You see, they can't.
They can't limbaugh.
He never backs off.
Limbaugh never backs off.
It's not like he apologizes.
I'm not going to apologize for the Magic Negro.
Grab the Magic Negro.
We're going to freaking play it again today.
You know, there are these clucking hens at the view that don't know what they're talking about.
Not now.
I'm going to be just grab it.
And I've got to find another sound bite.
Because here it is.
Grab number 22.
It is eight years since I hijacked the NFL season on ESPN.
Eight years.
So that would be 2003.
So today on ESPN 2, Mike and Mike in the morning, they're talking about Donovan McNabb been traded to the Minnesota Vikings.
And they're talking amongst themselves about whether or not McNab had a conflict with the coach in Washington, Mike Shanahan, and whether or not there might be some racism there.
And Golig said, Yeah, well, you know, McNabb and Shanahan is, they're both at a point where like a couple of kids in a sandbox.
I don't know that I fully agree with that.
The Rush Limbaugh situation, he certainly had nothing to do with it.
He had to do with that.
And he handled the whole thing with good humor.
And sometimes I think that his good humor rubs a lot of people the wrong way.
I agree with that.
Plus, when you get to the biggest games and you lose, a lot of it falls on the supposed best player.
I have no reason, I have no stake in this.
I have no reason to be defending him personally.
And yet, somehow, every time his name comes up, I feel like I need to.
They're talking about McNabb, and of course, it's been eight years.
Eight years.
I don't know that I fully agree with it.
Rush Limbaugh situation, he certainly had nothing to do with.
But the Shanahan.
The Shanahan had nothing to do with the Limbaugh situation.
Eight years ago.
Meanwhile, they're out there calling us hostage takers and all the rest.
All right, I got a brief time out here, my friends, that we will get to your phone call.
What's the question?
What's the question?
No, McNabb has never won a Super Bowl.
McNabb, yeah, he was successful in Philadelphia.
He was not successful in Washington.
Will he be successful in Minnesota?
You're asking me whether McNabb will be successful.
You got to be kidding.
You got to be kidding.
Snurdy wants to know if I think McNab will be successful in Minnesota playing for the Vikings.
You've got to be kidding me.
We will take a break and be don't tar baby me.
Do not tar baby me.
All right, to the phones and Queens.
Vinny and Queens got to start with Vinny.
Welcome to the program, sir.
Great to have you here.
Hey, Rush, I haven't heard you so despondent in a long time.
Give me a minute to try and cheer you up.
All right.
I'm not despondent.
I'm not despondent, Vinny.
I'm ticked off.
All right.
All right.
Then give me a minute to try and untick you off.
I think.
Wait a second.
Do I sound despondent?
Well, you just sound so disappointed and so beside yourself with what went on.
And if you look at it from a strictly numbers perspective, I agree wholeheartedly with you.
Okay, there are no winners in this deal, and the big loser is the American people from a numbers perspective.
But what I'm looking at is, I'm looking at, I think the Tea Party has won a major victory here, and I'll tell you how.
We have people talking about reduction in this country, okay, about cutting spending.
And it's national.
It's nationwide.
To borrow a word that Vice President Al Gore used to use, okay, the zeitgeist of this country has changed, at least for the foreseeable future.
Okay, also, this whole episode exposed just how inept this president is.
He was totally out of the loop.
He was cut out of the deal.
And even people in his own party were saying aloud, where was the leadership from the president?
You have people openly comparing him to Jimmy Carter now.
That's a win.
And at the end of the day, as you predicted, I think two weeks ago, Moody's is going to downgrade us, not because of the debt ceiling, but because we owe too much damn money.
Okay?
And I think in a perverted way, this is a win, too, because people have to be shocked into the realization that we're in trouble.
And I think the big payday, and I'll end with this, is 2012 when we sweep the Senate and we take the White House back.
And then there are no excuses for Republicans.
There are no excuses.
No, no, no.
That would de-tick me off if we win the Senate and the White House.
And I don't disagree with what you said.
I think you're take on this exactly right, but it does serve to make me even angrier because we could have had a winner of a deal given exactly what you said about Obama and his weakness and his incompetence and how everybody knew it going in, and yet we chose to operate out of fear.
Well, so we squandered.
I mean, look, I don't object to trying to find the positives in this.
I'm all for that.
You know me well enough to know.
But man, I just see an opportunity that was squandered here, a big one.
Now, we're moving the right direction, but we've got in our own party, we've got a movement, a movement on to marginalize and get rid of Tea Party members in the House and the Senate.
Well, that may be true there.
I mean, from the usual suspects, of course.
I mean, I knew the minute Mitch McConnell pulled the rug out from under the House after they passed cut, cap, and balance that McConnell came up with his own plan.
I knew we were going to be disappointed from a numerical aspect.
But the Tea Party's way out of the bag now.
You can't put it back in.
There are going to be more Tea Party members in Congress, and Congress, whoever is left from the Washington establishment, is going to be forced to, they're going to have to change.
We are heading in the right direction.
Well, I agree with all that.
I don't think Official Washington has the slightest idea what's brewing out here.
I don't think they have the slightest idea how deep the anger and the disrespect is.
And they haven't the slightest idea how eager people are to vote.
Wish Election Day were today.
Everything, I'm totally in boat with you.
I'm here.
I'm here, man.
We lost the secondary internet connection.
I had to connect the first connection.
But we're back.
Okay, you just heard Vinny.
You just heard Vinny from Queens.
We won.
We changed the conversation.
We've been changing the conversation for years.
The Democrats run as conservatives every election year.
What I call, in a sense, a moral victory.
You know, people want to get caught up in moral victories, and I'm ready for some real ones.
We had a real one in November.
And I'm just ready to start building on it.
Plain and simple.
Who's next?
Where are we going next on the phones?
San Diego, this is Carol.
Carol, thank you for calling.
It's nice to have you with us.
Hello.
Well, thank you, Rush.
It's nice to talk with you.
I appreciate your taking my call.
Thank you.
Mr. Snurdley said I could ask my question about which country do we move to?
Yeah, go ahead.
I'm serious.
We're in our fourth quarter of life here.
You're in your fourth quarter of life and you want to move to a different country.
I don't.
My husband and I just decided we have no choice.
Our country's being stolen.
So where are you going to go?
That's what I'm asking you.
Sweden.
You travel.
Which country?
Oh, you want me to tell you which country to move to?
Of course, you go along.
We've only been to Europe a couple of times, but, you know, I loved getting back to America.
I'd go to Hong Kong.
Hong Kong?
Is that what you said?
I said Hong Kong.
Really?
Yeah, I go to Hong Kong.
I got a 9.5% growth rate.
You might have to live in a shoebox.
Don't go to Australia just yet.
They've got crime over there right now.
You know, I liked Australia.
Australia's fine.
Let's see.
Now, we were at Sweden.
Now, Sweden, what do you want to do?
Sit, I get doped up every day and have the government pay for it?
Well, that's the problem.
That's what I'm afraid that's going to happen here.
Yeah, so you don't want to go to Sweden.
No, okay.
All right.
It was a pretty country.
The people were very happy.
You know, you know, I'll tell you, there's a country out there that economic growth is occurring.
Jobs are being created.
Brazil?
Mexico.
Oh, dear, we're so close to that.
No.
I'm even frightened to go down there.
Well, I mean, but you wouldn't have to move far.
No, we wouldn't.
Like 30 miles.
That's right, since you're in San Diego.
No, no, we were in Norway on, and, well, we were in Stockholm on 2001 on, no, you know, 9-11.
And they were very nice to us.
They hugged us and said, God bless America.
And all the American flags were flying.
And in Scotland, the same thing.
And I just said, I've got to get home.
I can't stand it.
So we came, cut our trip short.
Europe was very nice to us during that period of time.
Well, there's any number of places that you could go.
Really?
Yeah.
Well, you know, it's just a sad thing to have to think about that.
I'm a second-generation Californian, and, you know, I have my kids, grandchildren, and great-grandchildren here.
So it bothers me.
But I don't like what this man is doing.
He is, to me, he's a communist, and he doesn't like this country at all.
Well, he clearly has a chip on his shoulder about it.
He certainly has a giant grievance about it.
There's no question about that.
Yeah, yeah.
I just, and why don't the American people realize it?
Well, see, they do.
But they're not doing anything about the voting booth for that.
They did in November.
They most certainly did.
Oh, they did.
There hasn't been a chance since.
Yeah, that's true.
The next chance is a week from a year from November.
No, no, no.
Look, the bloom's off the Obama rose.
You're just like everybody else, if you watch any mainstream media, you're not going to get an accurate picture of the country or of Obama or of the public perception of Obama.
You're not going to get anything close.
So I'd just turn off the news.
You'd be amazed just for a week and try it.
You'd be amazed at how that'll change your life for the better.
Carol, thanks to the call.
Thomas in Chicago, thank you.
You're next on the EIB network.
Hello, sir.
Hey, Rush.
Thank you for taking my call.
You bet.
That's all you do.
My comment is that the news media for so long has been so much working strictly for Obama, never mind the Democrats, that I believe it's gone past what we call wag the dog to a new stage called Dog the Wag, where it's just impossibly, overarchingly, Democratic propaganda, whatever channel you turn on.
Yeah.
And it's just tiresome.
Get sick of trying to flip to something that isn't just hopelessly biased.
That's why you should do nothing but listen to this show.
Otherwise, you'll go nuts.
Good plan.
You'll get depressed and you'll feel alone.
You'll think that the country's gone to hell in a handbasket.
You are the last sane person on earth.
Really?
Yeah, if you watch any of the mainstream news channels or read the newspapers that they.
That's about it.
Listen to talk radio most of the time.
Well, then you ought not be that depressed.
It's anyway.
Thomas, thanks to the call.
Appreciate it.
Who's next?
Let's see.
Where are we going?
Homer, Alaska.
Fred, welcome to the EIB Network.
Hello.
Good morning, Mr. Lembots.
Honored to speak with you again.
Thank you very much, sir.
I'm concerned more about this super Congress that was buried in this bill, where we're now going to have six Republicans, six Democrats, and the president as the tiebreaker.
And they're going to be able to push through legislation for gun control, entitlements, tax hikes.
And this is going to happen.
If the Congress and the House can't agree, then you've got 12 people, in essence, with the president making the 13th that are actually going to be running this country.
President said he wants to tax millionaires.
He's going to ram that through the legislation.
And what's really interesting about this is exactly 77 years ago, when Adolf Hitler came into power, it was August 2nd, 1934.
The country in Germany was in the same shape we are now.
We need help.
We're going bankrupt.
Please save us.
And then Obama comes along and they enact this super Congress.
And I'm just curious why there isn't more outrage over that than everything else that's going on.
Well, I don't know how widely known the workings of this commission are.
I don't know how widely understood what this commission can do is.
I don't know even myself yet, for example, if this commission can just unilaterally do as you say if they can't come to an agreement on something that Obama gets to decide.
I don't know that that's true.
I think the whole Congress has to vote on what the Commission comes up with.
There is no unilateral power thrown to Obama if there's a deadlock.
Yeah, but what it said basically is once they make that decision, they can't amend it.
They can't debate it.
It's going to be a decision that's made by that commission if the Congress and the House cannot come to an agreement.
If they can't come to an agreement, it just nothing happens.
Well, that's why they created the Super Congress, is my understanding, to make the Congress basically useless.
They basically voted themselves out of power when they passed this thing yesterday.
Well, that's not the way it's going to manifest itself.
I hope not.
No, that isn't the way this is going to work.
I mean, the whole House has to vote on anything that comes out of this Super Commission or this Commission, and so does the whole Senate have to vote on whatever these people come up with.
Now, there is a provision in there if the Commission doesn't agree on something, then it goes back to the Congress.
This is basically a typical stopgap.
It's so that the larger Congress as a whole can absolve itself of any responsibility for what ends up happening here.
But it doesn't throw unilateral authority to Obama to break any ties or anything of the sort.
It's nothing like that.
It's basically just cowardice is all it is.
Anyway, I've got to take a brief time out here, folks.
Sit tight.
We'll be back and continue with much more in the EIB network right after this.
Now, folks, on this committee, I think what people are getting confused about, the Congressional Committee, you get six Democrats and six Republicans appointed, and they have the responsibility of coming up with cuts.
$1.5 trillion in cuts they've got to come up with if they deadlock or if the recommendations get voted down, then there are triggers, and the triggers are the confusing part.
The triggers are being misdefined.
Some people think the trigger is Obama gets to decide unilaterally.
The trigger, folks, is basically an automatic cut in defense and non-discretionary funds.
The way this works is they're supposed to come up with a million and a half dollars or trillion and a half dollars in cuts.
If they don't, they can't agree to it, then a trigger kicks in and half the cuts take place in defense and the other half take place in discretionary.
But the half of the cuts that take place in discretionary, it's not all out of, say, Medicare or all out of Medicaid.
They can spread it out.
So what will happen is that defense will get the lion's share of what's cut if the trigger is enacted.
So the real flaw is that either way, with the package passed by Congress or the trigger of automatic cuts, Obama will get a second increase in the debt ceiling, the second trench.
See, for the second tranche around Christmas time, they have to agree on certain cuts to get the additional debt level increase.
If they don't agree, then there's triggers that deliver the cuts, primarily in defense.
So the bottom line is that Obama will automatically, for all practical purposes, get the second trench.
And that's all you need to know about it.
It's it's it's just it's it's it's another built-in insult to our intelligence.
And all the while we're told that this commission cannot recommend tax increases too.
There can't be any tax increases in any of this.
And that's one of the ways we're being told that we had a big victory.
No tax increases.
Can't raise taxes.
There's no way that it can happen.
The House of Representatives, no way that they will vote for tax increases, even if the Commission recommends them and so forth.
So we're supposed to be happy with that.
But that's the best I can do in explaining it.
The second tranche, if the Commission doesn't agree on a trillion and a half dollars in additional cuts, then bamo, automatic cuts in defense and non-discretionary funds are triggered.
And from the White House fact sheet on this, if the committee fails, enforcement mechanism will trigger spending reductions beginning in 2013, split 50-50 between domestic and defense spending.
Enforcement protects Social Security, Medicare beneficiaries, and low-income programs from any cuts.
Medicare providers can be cut, but beneficiaries can't.
For example.
Having more fun than a human being should be allowed to have.
Rush Limbaugh, the hardest working man in no business.