Welcome to today's edition of the Rush 24-7 Podcast.
Yeah, okay, well then let me try using the word here.
See what happens.
Right.
Yeah.
Yeah, we're just talking about the voices on TV here, folks.
It's Friday.
Live from the Southern Command in sunny South Florida.
It's Open Line Friday.
Okay, Snerdley, start screening because I'm going to get to the phones here fairly soon.
It's Open Line Friday.
Callers get to determine what we talk about Monday through Thursday.
As you know, we really don't take that many calls, and when we do, they have to be about something I'm interested in or we don't take it because it can't afford for me to sound bored.
Nobody wants to listen to that.
But on Friday, we run that risk of me being bored because we allow callers to talk about whatever they want.
A golden opportunity.
Here's the telephone number, 800-282-2882.
The email address, L. Rushbo at EIBNet.com.
All right.
Little housekeeping here, folks.
I have put the staff on notice.
I'm talking about the three people down here at the Southern Command on the other side of the glass.
I am going to go through all of their Twitter accounts and I am going to see if they have been making fun of me, if they have been consuming adult beverages behind my back, which might explain why they were perfectly fine going three weeks without television service in there.
Three weeks.
If you were here yesterday, you know this.
Three weeks went by and no cable service, no television service, and nobody said a word.
Now, in case you don't know what I'm talking about, three staffers for Democrat Congressman Rick Larson at Washington State had been tweeting for weeks about their own boozing and their own time spent watching YouTube videos and so forth.
And they even sent out taunting notes to taxpayers.
Hey, taxpayers, you're paying us to get drunk and watch YouTube videos.
What do you think of that?
The real shock here is that they're staffers.
They are all getting above their stations.
That kind of behavior is supposed to be reserved for the actual members of the House.
Getting drunk and watching YouTube videos on the job.
That's not something the staff is supposed to do.
Anyway, these three staffers have been fired, but they also call their boss, Mr. Larson, an idiot and a climber.
C-L-Y-M-E-R.
George W. Bush's word for a bodily orifice as an exit point.
Anyway, I find it hilarious.
These staffers of this guy admit that they've been tweeting and drinking and all sorts of stuff on taxpayer time.
And they send taxpayers notes and taunt them about it.
So that's why I'm thinking of investigating all of your Twitter accounts in there.
Twitter just, well, you say you don't tweet, but you do something.
And I may be able to find it.
Now, reports are circulating out there that Donald Trump is looking into canceling the debate that is set for December 27th.
Michelle Bachman has pulled out.
There's really only two people going to show up.
Newt and Santorum are the only two that plan on showing up.
Everybody else has said no.
And look at the soundbite coming up.
Trump is really disturbed about Bachman.
Apparently, Bachman's called him often, called him a lot of times, talked to him about becoming her vice president if she won the nomination.
Apparently, that she was calling Trump seeking his advice.
Here, let me find the bite.
I may as well just play it here rather than tell you it's coming up later to program.
Now, grant number 17.
This was on IMUS this morning on the whatever, whatever television, Fox Business Channel.
And question, now, so only Gingrich, only Gingrich.
You like him, by the way?
He had the courage to immediately say yes.
And everybody else, like, you know who I'm very disappointed, Michelle Bachman, she'd come up to see me four times, four times.
She'd call me, she'd ask me for advice.
She said I should be her vice presidential.
You know, if she wins, she'd like to think about me for the vice president.
I did like a two-hour phone call for her with her people.
People said, are you endorsing her?
Which the answer was no.
And then after all of that, she just announced she's not going to do the debate.
It's unbelievable.
It's actually called loyalty.
How do you do that?
All right.
So Donald not happy with Michelle Bachman, and Perry's not going, and Romney's not going.
Well, it's only Rick Santorum and Newt Gingrich that are going.
I don't know if I believe this stuff about Trump looking into canceling the debate.
It's still a television opportunity.
And he's still holding out the, he's dangling this carrot that he himself might run.
Third party.
Of course, there's a lot of pressure being put on John Huntsman to run as a third party candidate as well.
So this, well, I know, I don't know that it's here.
Here's the thing about this.
Somebody's asking me, why didn't Newsmax just get another moderator?
And it's true, Chris Ruddy is very close to the Clintons.
Chris Ruddy could go ask the latest NBC hire, Chelsea Clinton, to moderate the debate.
Newsmax could maybe get Bill Clinton to moderate the debate.
But I don't know if it's if it's, I guess it is.
I'm going back and back and forth, and none of these candidates are saying why, are they?
If they have, I've missed it.
None of the candidates are saying why they're not doing the debate other than scheduling conflicts and that sort of stuff.
But I don't think any of the candidates have said, I'm not doing that.
Trump's moderating it.
I'm not so sure that that's the sole reason why people are deciding not to do the Trump debate.
I don't know that Trump is the sole reason.
But we will find out in due course.
Folks, do you remember, you remember the liberal outrage over George W. Bush saying, after 9-11, you're either with us or you're against us.
And we're going to get bin Laden, we're going to get bin Laden dead or alive.
Do you remember how the left had a panic over that?
It's like they had a panic over Reagan winning the presidency.
Panicked over Reagan's finger poised next to the nuclear button.
Well, how about what Obama is doing?
Obama on Thursday forcefully rejected Republican accusations that his foreign policy is timid and amounts to a policy of appeasement.
Ask Bin Laden.
Ask the 22 out of the top 30 al-Qaeda leaders I've taken out, taken off the field, whether I engage in appeasement.
Or whoever's left out there, you ask them.
So here's the president.
You go ask Al-Qaeda.
You ask Bin Laden.
You asking these other people, I've taken out.
Why is nobody disturbed at that lingo?
Let's go to the audio soundbites.
Last night on Hardmore, Chris Matthews spoke with Washington Post columnist Eugene Sugar Robinson about Romney saying that Obama had pursued a foreign policy of appeasement.
Matthews said, if some guy like Mitt Romney actually has no military experience in his family to just come out, take a shot at Obama like that, call him Neville Chamberlain with his umbrella, giving away Europe to Hitler.
Do you think Mitt Romney knew what he was saying?
There used to be an understanding that we have one foreign policy, and you may agree or disagree with what the president's doing, but you don't come out with something like that.
The fact is, though, that as President Obama said, he's not an appeaser.
Just if you look at the record, he's more of an assassin.
Whoa!
Holy smokes, Eugene Sugar Robinson says Obama has been an assassin.
How's that going to go over with the Occupy Wall Street crowd?
And you also notice there that Eugene Sugar Robinson said it used to be in the old days we'd have one foreign policy, and you may agree or disagree what the president's doing, but you don't come out with something like that.
Eugene, what about you guys throughout the Iraq war?
Eugene, my man, for the first time in my life, well, second time in my lifetime, you guys in the Democrat Party and the media, but I repeat myself, did your best to sabotage the war in Iraq, did your best to undermine victory, did your best to undermine, talk about politics ending at the water's edge.
You guys broke the mold on how to oppose American foreign policy, and particularly George W. Bush.
And let's go back.
Here's Calypso Louie of Farrakhan.
This is May 28th of 2011, Salem United Methodist Church in New York City.
We voted for our brother, Barack.
Beautiful human being with a sweetheart.
And now he's an assassin.
We've turned him into them.
Come on, man.
Come on.
You didn't hear me.
It turned.
You didn't hear me.
So it's Eugene Sugar Robinson calling Obama an assassin.
And that was Farrakhan back in May 28th, saying that they've turned Obama into an assassin.
Obama's out there talking about being an assassin after being accused of being an appeaser and sticking with MSNBC.
I guess, oh, Eugene Sugar Robinson's back.
He was on Scarborough today, and they were discussing the primary, Republican primary in Gingrich.
And Michael Steele, the former chairman of the Republican National Committee, now a regular on MSNBC.
So all the stuff we know about Newton, love about Newton Washington, he's managed to work his way through that, particularly with the base.
Don't you think that Sugar?
There are nothing but second acts in American lives, I guess.
And so maybe Newt has confessed his sins and atoned for them and begun anew.
Not everybody in the country knows everything about Newt Gingrich.
There is a target-rich environment there for President Obama and the Democrats to carpet bomb if, in fact, he is the nominee.
And that's going to do some damage.
There's Eugene Robinson, the learned, sophisticated columnist of the Washington Post describing how Newt's a sitting duck for our assassin, President Barack Obama from theHill.com, a pending legislative package to extend the payroll tax credit and unemployment insurance will create more jobs than the approval of the Keystone pipeline,
Obama said yesterday.
Here's what I know: he said: However many jobs might be generated by the pipeline, they're going to be a lot fewer than the jobs created by extending the payroll tax cut and extending unemployment insurance.
In fact, here's the president saying that this was this morning, actually, in Washington talking about this.
I know the suggestion right now is that somehow, well, this Keystone issue will create jobs.
That's being determined by the State Department right now, and there is a process.
But here's what I know: however many jobs might be generated by a Keystone pipeline, they're going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.
That's another lie.
The Keystone Pipeline, 20,000 jobs immediately up to half a million.
Unemployment benefits create jobs.
Think of that.
Unemployment benefits create jobs.
What was it that Pelosi said the return for every dollar spent on unemployment benefits, the economy grows by a buck and a half or two dollars or whatever?
I mean, it's absurd.
It's literally absurd.
Unemployment benefits.
Where are all the jobs created?
We've had the payroll tax holiday for a year.
There aren't any new jobs being created.
The unemployment number is getting smaller because the universe of jobs is getting smaller.
They're just simply shrinking it.
But I mean, the answer to this is: Mr. President, do both.
If you're focused like a laser on job, do both.
What is this straw man you continue to construct?
What is this either or?
Why not do both?
We need jobs.
You say you're laser-focused on jobs.
You understand people want to work.
Why not do both?
Mr. And it's like I said yesterday: the pipeline project brings campaign contributions from both sides of the issue: the environmentalist wackos and the oil interests.
They are both sending money to Obama, hoping he decides in their favor.
If he decides now, he cuts off half of that money.
And everything he's doing is about his reelection and nothing else.
You know, it's amazing.
I tell you the other night, I got tired.
I packed it in at 11 p.m. and I got up at 7.
I got eight hours' sleep.
And I said, I felt rotten all day.
I felt like I hadn't slept at all.
I went to bed at 3 this morning, and I feel great.
Went up at 3, got up at 7, feel great, a little giddy, a little giddy.
And Frank, it's Friday, and I'm kind of looking at lightheartedness today.
No, I don't take naps.
I can't.
I can't.
I know people, actually, these people go out every night, and three nights out of the week, it's black tie every night, and they take between-the-sheets naps every afternoon for three or four hours.
I know.
Sometime, you know, if I'm sitting there in the sofa, the giant sofa, you ought to say this giant sofa in the library.
Sometimes I'll doze off, but invariably the phone will go nuts with a text message, or nobody ever leaves me alone.
So even if I try to take a nap, it doesn't happen.
And I don't take my implant off because if there's an emergency, I got to be have to be on guard, ready, whatever.
So never works anyway.
Oh, and the dogs and the dog and the cat.
The cat get cat mad at me.
So, anyway, I just decided, okay, last night I'm just not going to go to bed until I get tired.
And it got to be 2:15.
I said, I'm not tired.
I said, I better head up there and get ready to pack it anyway.
So I did.
Catherine's down, and she's in Texas.
She's been working on a tea all week, and I was unbatching it.
So it's just, it's just weird.
Eight hours sleep, and I felt like I hadn't slept at all.
No, no, I'll learn when the new flavors are going to be released when I'm told that the new flavors are going to be released.
Oh, speaking of which, our second-place winner in the YouTube 2IF by T video commercial has been posted at rushlimbaugh.com and on our Facebook page.
Coco's put it up there.
That's good.
It's so tough to pick these.
It's so tough to get third place earlier this week, second place, first place next week.
It is really, really tough picking these winners.
Okay, it's a Democrat Christmas.
You know, yesterday, Obama celebrated Hanukkah.
That means tomorrow is Christmas Eve, and next Wednesday is New Year's Eve in Obamaville.
Hanukkah is not for two weeks, and he lit every candle in the menorah.
You're supposed to do it over an eight-day period.
He did it all at once just to be done with it.
As he says, this to show my devotion to Israel.
But it is, folks, it's an early Democrat Christmas.
Check this story from the AP.
Americans' wealth last summer suffered its biggest quarterly.
In fact, this is a double whammer day for Obama because the military, the Army, has announced job cuts of 8,700.
Do you realize what a celebration is going on in the White House today?
8,700 Army jobs in the Pentagon cut buyouts, attrition, what have you.
8,700 jobs cut.
My God, how happy could Obama be?
And then this news.
Americans' wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds, and home values lost value.
The 1% got hurt.
Those evil SOBs are finally having it stuck to them.
Household net worth fell 4% in the July, September quarter, according to a Federal Reserve report released yesterday.
It was the sharpest drop since the tumultuous period after the September 2008 bankruptcy of investment bank Lehman Brothers.
Speaking of, how many of you went out and rented the movie Margin Call on my rate?
Did you like it?
Did you watch it?
Yeah, it's now.
I should say it's this movie pattern after Lehman Brothers, but Lehman Brothers was allowed to go belly up.
They didn't bail it out.
We don't know that that happens to this fictional firm in the movie Margin Call, but it's loosely based on Lehman Brothers.
Lower net worth.
This is the AP here, folks, which has been on Obama's side.
We got to go after that 1%.
We got to stick it to them.
We have got to roast them.
The 1%, why the rich, they're to blame for everything.
The rich?
By the way, could somebody tell me what tax cuts from Jimmy Carter's caused the misery index to go?
What Jimmy Carter tax cuts caused?
Somebody tell me what tax cuts in Italy, Spain, and Greece caused the problems that they're in.
What tax cuts?
Well, there weren't any tax cuts in the Carter years or in Italy, Spain, or Greece.
But Obama is claiming the tax cuts, George Bush tax cuts, and every other tax cut that the rich have gotten are the reason we're in this economic mess.
You know, the tax cuts did it.
Lower net worth can hurt the economy, AP said.
Whoa, whoa, whoa, I thought lower net worth was what we were after.
I thought we were going to soak it to them.
I thought we were going to make the rich pay.
And now it's an Obama Christmas because the rich have lost some of their net worth.
I thought that was good news.
Open line Friday, Rush Limbaugh, America's real anchor man, America's truth detector, the doctor of democracy.
All here, all combined, and one harmless, lovable little fuzzball.
Yep, it's a Democrat Christmas.
The rich got poorer.
But I thought that was good.
I really thought that was the objective.
The wealth gap shrunk, yeah.
And the way Obama wants it, the rich got poorer.
Democrats never want to elevate people at the bottom.
They just want to shrink it from the top.
But then AP says here, I'm confused.
Lower net worth can hurt the economy.
You mean the rich getting poorer can hurt the economy?
Let's read further.
When people feel poorer, they spend less.
So the rich are feeling poorer because they are poorer.
Okay, let's keep reading.
That slows growth.
Really?
Lower net worth can hurt the economy.
That's the thesis.
When people feel poorer, they spend less, and that slows growth.
Oh, I see.
That's exactly what Obama's after.
That's what he's after.
Slower growth, cutting.
Oh, that's why AP just doesn't get it.
Okay.
Okay.
Businesses typically then cut back on hiring.
So after three years of the state-controlled media following the regime's lead, attacking the rich, trying to support any policy that would take money away from them, now the rich are getting poorer.
And all of a sudden, AP is concerned because that slows growth.
Businesses typically cut back on hiring and expansion.
People are spending less.
So this is not good, according to AP.
It is perfect for Obama.
The Democrats, I mean, it is Christmas.
Snerdly, what do you think the odds are that Obama got confused, Hanukkah and Kwanzaa?
Because, you know, Kwanzaa, when was Kwanza invented?
No, 1966.
I looked it up.
Kwanza was invented 1966.
It was invented close enough.
Invented by a guy named Ron Karenga.
Yeah, yeah.
His name was Ron Karenga, but he had an alias, Dr. Molana Ron Karenga.
So he was a doctor.
And he invented Kwanzaa, which is a seven-day feast.
It runs December 26th to January 1st.
In 1966, he branded it a black alternative to Christmas.
The idea was to celebrate the end of what Ron Karenga considered the Christmas season exploitation of African Americans.
Now, what was that?
What was the Christmas season exploitation of African?
Was it all the black Santa Clauses that were out there in the department stores?
What was it then?
What was the exploitation of African Americans at Christmas time?
According to the official Kwanza website, as opposed to the Hallmark cards Kwanzaa site, the celebration was designed to foster conditions that would enhance the revolutionary social change for the man.
Anyway, it also has a candelabra, like it was seven days, seven candles instead of eight for Hanukkah.
And you light them all at once.
So Obama, he had a menorah there.
He lit them all.
I'm sure he thought it was Kwanzaa while talking about loyalty to Israel.
What a day, folks.
Now we have John Corzine testified yesterday.
I don't know where I'm.
What?
He did.
He lit all the candles on the menorah.
He lit them all.
He lit them all.
Well, let me tell you something.
The media, the White House Christmas party for the media was December 6th.
That's about eight or nine days earlier than usual.
See, everything is based on Obama getting out of town on December 16th to head over to Hawaii.
So that's why he lit all the candles.
He didn't have time to wait for Hanukkah to actually play out.
He's got to leave.
He can't wait.
He doesn't have time to hang around for Kwanzaa.
I mean, that doesn't start till December 26th.
He's got to do that now.
He has to get out of here by December 16th, December 17th.
That's when the vacation starts.
So just go ahead and light all the candles on the menorah and talk about how you love Israel and be done with it.
I know.
I know if Bush had tried that.
If anybody else had tried that, I know.
I understand.
How about this?
How about Obama's campaign, the Democrat National Committee, and his administration?
We want them to use all the tax dollars he's using to campaign to fund these billionaire solar projects to fund the NEA, the SEIU.
How about using all that money to offset the cost of the payroll tax deduction?
How about all the money Obama is spending on his cronies?
Let's redirect that to offset whatever needs to be offset because this stupid payroll tax deduction.
I was saying here before, rudely interrupted, Corzine, as we know, testified yesterday about the MFers.
He said he didn't know where the money went.
I have no clue.
I really wish I did.
I don't think I committed a crime, but I may have.
But I really, I don't know.
I just don't know where the money is.
He was properly greased with the hair there.
Do you see that?
On the sides.
And by the way, do you know, do you know who bought all of this MF debt?
Soros.
George Soros made a profit from buying MF Global's bonds.
George Soros, $2 billion worth of it.
And he's making a profit off of it.
Now, the media, we have here today.
Well, series of media people here.
It's a tragedy for Corzine.
It's so unfortunate.
It was so very sad for Corzine.
You know, when Democrats steal, it's a tragedy for the thief, not the victims.
It's a tragedy for the thief.
It's a depressing saga of a brilliant man brought down by just the warmest of good intentions.
And they're sad.
The media is so sad.
It was such promise.
Corazine, he really believes the right stuff on environment and abortion.
It's a sad, sad thing.
What you have here is a Wall Street crook, but he's a Democrat, so the tone's totally different.
Listen to this.
The collapse of MF Global is the latest chapter in a life story marked by ego-inflating highs and ego-shattering lows.
An embarrassing admission from John Corzine, the former senator, the former governor.
He makes a less than pleasant return to Capitol Hill.
The tragedy, what brought down MF Global.
This is a tragedy.
I feel badly for Senator Corzine.
I'm so disheartened by this whole episode and Corzine's performance in it.
This is a very, very sad chapter.
People that know John Corzine, it's not in his bones to dodge questions.
Oh, well, I don't know.
Folks, I don't know.
Can we get through the weekend?
We get through the weekend.
We feel so bad for Senator Corzine.
It's a tragedy.
A very, very sad chapter.
It's such a great crook who did it so wrong and got caught.
What a tragedy.
Here's Obama, by the way.
This is November 1st, 2009, at a Corzine for Governor re-election campaign event.
For the past four years, you've had an honorable man at the helm in this state during one of the most difficult periods in its history when it comes to the issues that matter most, like jobs.
John Corzine's been a true leader.
He was one of the best colleagues I had in the Senate, but he's also one of the best partners I have in the White House.
Yeah, see how this works.
He has the right views on abortion.
He hates conservatives.
He hates Republicans.
Loves unions.
Is personally very rich and wealthy, Rand Goldman Sachs.
So he's got a license to steal.
And then to be felt sorry for after getting caught.
Yesterday on Capitol Hill, this is during the House Agriculture hearing on the bankruptcy of the MFers at MF Global.
Former CEO and former governor John Corzine testified.
And the question here from Randy Nogabauer, Republican, Texas.
They have this exchange about the transfer of funds out of certain accounts at MF Global.
Did you ever authorize any of your people?
I never intended to authorize anyone.
So you never intended to, but you may have.
If it did, it was a misunderstanding because there is no intention under any context that I can think of that I was authorizing tapping into segregated funds.
Yeah, it's a 680, what is it?
Millionaire billionaire.
$680 billion missing.
Could be as high as $1.2 billion.
$680 million could be as high as $1.2 billion.
Yeah, I have no idea.
It just, it's gone.
I don't know how it ended up being commingled.
I didn't authorize any crime.
I might have authorized it.
I didn't intend to authorize it, but I don't think I authorized the crime, and it's missing.
I don't know where it is.
Why am I even here?
You know, folks, I just figured it out.
We're looking at this Corzine thing all wrong, as usual.
We're looking at it through the wrong prism.
The real question is, and this is what Corzine should have said yesterday.
Look, I've been a politician all my life.
How do you expect me to keep track of such a paltry sum as $600 million?
Don't you know I deal in trillions?
$600 billion, $600 million to me is like a 50-cent piece to you.
I can't tell you where it goes.
That's a rounding error.
You expect I'm supposed to know where $600 million went?
Even if it's a billion.
Big deal.
That's chump change compared to what I've been dealing with in New Jersey and giving to Obama.
That's the real answer to the question.
And by the way, we didn't get to this this week, but I had it in the stack.
There was a story out of Indiana.
They found 300 unspent.
Now, I get, was it million?
300.
Get this, folks.
In this climate, in this national economic climate, they found $300 million unspent, essentially a surplus in Indiana.
You would think, holy cow, that's great news.
Our state's sitting pretty.
Nope.
The unions had a cow.
The left went bat excrement because that was $300 million that was not spent on children's school lunch bribing pipe.
They literally were angry.
That $300 million represented people getting screwed rather than $300 million being saved, rather than it meaning the state didn't need it.
If they lost it, they obviously didn't need it.
No, no, no, we're not going to take that and invest it.
We're going to spend that.
We're going to give that money to who it rightfully belongs to, union people.
Honestly, that was the reaction the left had to the discovery of a $300 million, essentially a surplus in state Indiana.
All right.
We're going to the phones.
It's the first hour.
It's Open Line Friday.
This is Buster in La Habra, California.
I'm glad that you waved your up first.
Take us out.
Hey, Merry Christmas, Rush.
Thank you, sir.
Yeah, I just wanted to talk about the Democrat Party and President Obama giving away secrets to the CHICOMs.
Look like it's happening all over again.
Bill Clinton did it.
Now Obama's dump doing it.
I just want to know what you think about it.
You're talking about the drone that went down in Iran.
Yes, I am.
Well, the Pentagon has confirmed it was ours.
Or is it ours?
So now, what Buster here is talking about?
Shortly after, I forget if it was, it must have been the second term of Bill Clinton, the CHICOMs could not keep a satellite in orbit.
They could not inject a missile into suborbital pads that delivered them to the target.
So at the time, the State Department had purview over American companies that were experts in this field.
They transferred the supervision of these companies from state to commerce, which was run by Ron Brown.
We're talking about Laurel Space and Bernie Schwartz and Bernie Schwartz, a big Clinton donor.
So the ChiComs launched a missile and it just came straight down.
It went up for a while, came straight down.
They asked for help, and we allowed Clinton, Ron Brown allowed Laurel Space and Bernie Schwartz to go over there, inspect the disaster, and tell the ChiComs what they were doing wrong, essentially teach them how to fire ICBMs, how to put satellites in orbit using American technology.
Bernie Schwartz was allowed to do this at LaRale Space.
That's what old Buster here is referring to.
So now the ChiComs have one of our drones via the Iranians.
And Buster thinks that it's more chicanery involved.
Now, I realize many of you are new to the program, and you're hearing this story about Clinton for the first time, and you're hearing the story about L'Aral Space, and you're, that can't be.
See, this is what the media says about Limbaugh.
Limbaugh so lies.
Limbaugh so makes it.
Go look it up for Google.
Google L'Arrell Space.
Google Bernie Schwartz.
Google it.
Google Laurel and the ChiComs.
Or the Chinese.
Oh, hell, it might even show up if you Google ChiComs.
There's no question that this happened.
An American aerospace firm taught the ChiComs how to send the missile into orbit and keep it there and hit a target back in the 90s.
And of course, Bernie Schwartz got paid a lot.
I mean, this was not an act of gratuity or just being nice.
There was big bucks in it for Bernie Schwartz and Laurel.
And it couldn't have happened unless and until Clinton shifted the oversight of this kind of activity out of the State Department and over to Ron Brown at Commerce, where, of course, it was quickly rubber stamped.
By the way, Bill Clinton personally signed the waivers that allowed Loral Space to transfer the orbiting technology to the ChiComs.
And in January 2002, this was in 1996 when this happened.
In January 2002, Loral reached a settlement with the U.S. government in a case relating to their involvement in a review of a Chinese rocket launch failure in 1996.
They agreed to pay a civil fine of $14 million and then went bankrupt and filed for Chapter 11 the next year.