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Aug. 3, 2011 - Rush Limbaugh Program
32:54
August 3, 2011, Wednesday, Hour #2
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Time Text
I know I said I was gonna 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 then I didn't get the phone calls, and they're reminding me.
Look at I'm gonna 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 the normally put the boundaries up there 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 uh on all of you.
And if you wanted to call here and say, hey, Rush, stop bleeding on me.
I would I wouldn't blame you, but I'm gonna keep bleeding.
Greetings and welcome back uh eight hundred-two eight two two eight eight two.
If you want to be on the program, the email address, L Rushmore at EIB net.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 twenty ten, 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 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 gotta have some stimulus and we gotta have some tax increases.
In one day, folks.
One day.
Now, this isn't based.
There's a story out there from the Challenger Great Christmas Munch.
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 economist forecasts for 53.6, according to a Reuters survey, though it was still above the 50 figure, the that indicates expansion in the sector.
So what spending cuts led to our first quarter GDP of uh 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.
In one day.
Cuba's gross domestic product is one and a half percent, by the way.
Cuba's government economies 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.
And 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 push the number of announced job cuts by U.S. employers to a 16-month high in July.
According to a report released today, 66,000 414 announced job cuts last month were up 60% from the previous month, according to the report by Challenger Gray and Christmas.
Now, 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.
*bip*
So two separate reports the day after we get utopia.
And here from CNN Money.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 uh the uh infrastructure stuff, all that spending was supposed to have put everybody back to work.
Just one lie after another.
And the end result is the destruction of the United States economy.
You know, the better way to say it is destruction of the American family.
Because that's that's really what is going on here.
The destruction of the American family.
And from the Washington Post, stocks plunge, SP turns negative for 2011.
Stocks posted their worst daily decline in nearly a year yesterday, wiping out the years 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 don't suffer fools with raising fresh questions.
These questions are three years old for crying out loud.
Questions about the economic recovery.
In fact, we got the answers.
Because nobody wants to employ them.
Thank you.
And shouldn't 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, grab audio Sunday 23.
There's a bunch of clucking hens on the view today.
I'm sorry.
Co-host Joy Behar spoke with co-host Sherry Shepard about Representative Doug Lamborn 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 uh Colorado Congress and using a 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 it's all these little things that I go.
Wait a minute.
I'm tired of giving people a passcore, and then they do an apology and say, I didn't know.
I've never heard a purist called Nixon, Clinton, Bush, Reagan, a tar baby.
I don't care.
They never use that term to say we want to extricate ourselves when we die.
Limbaugh never backed off, though.
It's not like he apologizes.
I got nothing to apologize for.
I didn't even make up the term.
You see, they can't.
They can't.
There's a limbo.
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 gonna we're gonna 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, but I mean just grab it.
And I gotta 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 two, Mike and Mike in the morning.
They're talking about Donovan McNabb been traded to the Minnesota Vikings.
And they're they're they're they're talking amongst themselves about whether or not McNabb had a conflict with the coach in Washington, Mike Shanahan.
And whether or not there might be some racism there.
And Golig said, now, well, you know, McNabb and Shanahan is uh they're they're they're both at a point where like a couple of kids in a sandbox.
I don't know that I fully agree with it.
Okay.
The Rush Limbaugh situation, he certainly had nothing 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, 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 uh and all the rest.
All right, I got a I got a brief time out here, my friends, and we will get to your phone call.
What's the question?
What's the question?
No, McNabb has never won a Super Bowl.
McNabb well, yeah, he was he was successful in Philadelphia.
He was not successful in Washington.
Will he be successful in Minnesota?
You're asking me whether you whether McNam will be successful.
You gotta be kidding.
You gotta be kidding.
Snerdley wants to know if I think McNabb will be successful in Minnesota playing for the Vikings.
You've got to be kidding me.
We will take a break and be but don't tar baby me.
Do not tarbaby me.
All right, to the phones and Queens.
Vinny and Queen's got to uh 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 uh 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 you just sound so disappointed and 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 na it's national, it's nationwide.
To borrow a word that uh 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 gonna 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 real 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.
Well, that would be no excuses.
No, no, no, that that that would de-tick me off.
Uh, if we win the Senate and the uh in the White House.
And I don't disagree with what you said.
I I think I think your your take on this is 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, we squandered, I mean, you look at I don't 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 we we're moving uh we're moving the right direction, but we've got 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 for from the usual suspects, of course.
I mean I knew the I knew the minute Mitch McConnell uh pulled the rug out from under the house after they passed cut cap and balance that uh McConnell came up with his own plan.
I knew we were gonna 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 gonna be more Tea Party members in Congress and and Congress who whoever is left from the Washington establishment is gonna be forced to ch they're gonna have to change.
We are heading in the right direction.
Oh, I uh I I agree with all that.
I don't think 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 uh people are to vote.
Wish election day were today.
Everything I totally in boat with you.
I'm here.
I'm here, and we we lost the secondary internet connection.
I had to connect the first connector.
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.
We th the the Democrats run as conservatives every election year.
That's what I call in a sense a moral victory.
You know, people want to get get 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 uh next on the phones?
San Diego, this is Carol.
Carroll, 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.
Uh Mr. Snartley said I could ask my question about which country do we move to uh yeah, go ahead.
I'm serious.
We're in our fourth quarter of life here.
I d uh 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 gonna go?
That's what I'm asking you.
Sweden.
You travel.
Uh which country?
Oh, you want me to tell you which country to move to.
Of course you go along.
We've only we've been to Europe a couple of times, but uh, you know.
I s I loved getting back to America, but I'd go to Hong Kong.
Hong Kong.
Is that what you said?
I said Hong Kong.
Really?
Yeah, I go to Hong Kong, they got nine and a half percent growth rate.
You might have to live in a shoebox.
Don't don't go to Australia uh just yet.
They got crime over there right now.
You know, I I liked Australia.
Australia's fine.
Uh see where she now we were at Sweden.
We now Sweden, what do you want to do?
Is sit down get doped up every day and have a government pay for it?
Well, that's the problem.
That's what I'm afraid is gonna happen here.
Yeah, so you don't want to you don't want to go to Sweden.
No, well, okay.
All right.
It was a pretty country.
The people were very nice.
You know, you know, I I I'll tell you th th that there's uh uh there's a country out there that uh economic growth is uh 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 thirty thirty miles.
That's right, since you're in San Diego.
No, well now we were we were in uh Norway on and well we were in Stockholm on two thousand one on uh no you know, nine eleven, and uh they were very nice to us.
They hugged us and said, God bless America.
Yeah.
And they re uh that all the American flags were flying, and in Scotland the same thing, and I just said I've gotta get home.
I can't stand it.
So we came our cut our chip short.
Uh Europe was very nice to us during that period of time.
Well uh y there's any number of places that you could go.
Really.
Yeah.
Well you know we I that it's it it's just a sad thing to have to think about that.
I'm a second generation Californian and you know and I have my kids, grandchildren and great Johnson children here, so it it bothers me, but I don't like what this man is doing.
He is I to me he's a communist and he he doesn't like this country at all.
Well he clearly has a chip on his shoulder about it.
Oh he certainly has a giant grievance about it.
There's uh there's no question about that.
Yeah yeah.
I 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 up for that.
They did in November they most certainly did in November.
There hasn't been a chance since true.
The next chance is a week from or is a year from November.
No look the the the blooms off the Obama rose uh 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 uh uh public perception of Obama you're not gonna get anything close.
So I I just I just turn off the news.
You'd be amazed at uh just for a week and try it.
You'd be amazed at how that'll change your life for the uh for the better.
Carol thanks to the call Thomas in Chicago uh 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 the 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 put in.
That's about it.
to talk radio most of the time well then you ought not be that depressed um it's anyway uh uh Thomas thanks for the call appreciate it who is next uh let's see where are we going Homer Alaska Fred welcome to the EIB network hello good morning Mr. Lembott so 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 gonna 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 twelve people in essence with the president making the third chance that are actually going to be running this country.
The 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 or 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 um 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 though the whole Congress has to vote on what the Commission comes up with.
There is no 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 this 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 it's going to manifest itself.
I hope not.
No, that that's that's um that that isn't that's not the way this is going to uh work.
I mean, the the the the whole House has to vote on anything that comes out of this Super Commission or this commission, and so does the whole Senate has to vote on whatever these people come up with.
Uh it's no that there there is a provision in there if the if the commission doesn't agree on something, then it goes back to the to the Congress something.
This is um this is basically a a typical stopgap.
It's it's it's so that the larger Congress uh 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 uh 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 gets six Democrats and six Republicans appointed, and they have uh uh the responsibility of coming up with cuts.
1.5 trillion dollars 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.
If the the 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 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'll happen is that defense will get the lion's share of what's cut if the trigger is uh uh 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 tranch.
See, the the 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 uh triggers that that deliver the cuts, primarily in defense.
So the the bottom line is that Obama will automatically, for all practical purposes, get the second tranche.
And that's all you need to know about it.
Uh 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 uh 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 bamboo automatic cuts in defense and uh non-discretionary funds are triggered.
And uh 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.
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