All Episodes
Previous Next
Jan. 12, 2012 - Rush Limbaugh Program
36:57
January 12, 2012, Thursday, Hour #1
| Copy link to current segment

Time Text
Welcome to today's edition of the Rush 24-7 podcast.
Did you see an abandoned baby was found, ladies and gentlemen, at Washington, D.C.'s Occupy Tent City?
There's a lot going on out there, and I don't know if you heard about this or not.
Oh, geez.
Happy birthday to you.
You might want to kill the theme music so that the audience can hear what's going on.
Happy birthday, El Rush Boo.
At Waltham.
How old are you now?
What's that?
How old are you now?
61 years older.
61.
And you know what?
I've often said, I've been my whole life.
I've always said, I always want to be older.
15, always wanted to be older.
20, always wanted to be, because I knew that life is going to get better as I got older.
And I still haven't gotten to the point where I wish, gee, I wish I was younger.
I'm still looking forward to next year.
Still looking forward to getting older, even at 61.
And you know what?
No, that has nothing to do with Social Security.
Nothing I did.
But here is, is this white trash cake?
White trash.
And that's an affectionate term when you're talking about cake.
Don't misunderstand.
So you only put two candles on it.
Six and a one.
We couldn't fit 61 candles on the cake.
All right.
Okay.
Well, normally this kind of stuff embarrasses me and bothers me.
You know, the birthdays, I've told the staff for 23 years, don't do it.
And every year they do it.
And now I'm not mad.
I'm not upset.
I'm not embarrassed.
I guess I'm getting better at receiving.
So I make a wish here.
Let me hold the cake up for those of you watching on the ditto cam.
I better not drop this.
All right, there it is.
There's the cake for those of you to see.
And for those of you in the media watching to be misquoted later, where are you going, Brian?
I'll be right back.
Is there a problem back in broadcast center?
No.
Okay, so I'll make a quick wish here.
And then I will blow out the two candles.
And then Snerdley and Dawn, who are in here, get back to the gig.
Here we go.
Three, two, one.
Right on, right on, right on.
Okay, take that into the kitchen and slice it up.
Okay, as I was saying here, and by the way, thanks to everybody that sent me an email birthday greeting today.
Literally tens of thousands of them, and I can't possibly respond to all of them personally, but I do appreciate it.
I really do.
Now, an abandoned baby was found at the Washington, D.C. Occupy Tent City.
I didn't even know the Occupy Tent City was still going in Washington.
I've been so focused on other things.
And now we find out that there was an abandoned baby found.
Well, I guess you forget, but I didn't know.
I had no clue that John Edwards was still involved or was involved at all in the Occupy movement.
But when you got an abandoned baby, you have to figure, well, maybe the Brett girl's involved somehow.
It's a 13-month-old baby girl been left alone for at least a half hour.
A man said that he was her father was charged with attempted second-degree cruelty to children.
Where do you get these charges?
Second-degree, attempted second-degree cruelty to children.
How do you do attempted cruelty?
You either are or you aren't.
I would think that the biggest danger to the kid was the rat infestation that they always have in that park.
And I mean real rats, not just the Occupy people.
Okay, here we go.
The unemployment news is out.
And by the way, I don't know that you've seen any of this in the drive-by media.
I don't know on television if you've seen it.
Have you seen it, Snerdley?
You seen any reports on the unemployment news?
Well, it's amazing here.
The number of Americans applying for first-time jobless benefits rose today, reversing a recent decline, suggesting the labor market remains brittle.
Unemployment claims jumped to 399,000 the first week of 2012, the highest in six weeks from an upwardly revised 375,000 the prior week.
The four-week average of claims also marched higher to 381,000 from 374,000.
And if you read the story further, you find out that it was seasonal hiring, seasonal hiring that accounted for the latest generation of the economy's turned a corner.
The seasonal hiring in November and December that gave us all that wonderful unemployment news.
And the media never bothered to tell us.
I did, but the media never bothered to tell us it was seasonal employment taking place.
So somebody got fired.
Somebody's been fired.
Somebody got fired.
And it wasn't Romney.
You know, Romney didn't fire him.
He'd like to, but he didn't.
So, yeah, they got fired.
It was the Christmas season to boot.
So Obama won the future for about a month, except the fact is Obama didn't win anything.
Because don't forget the polling data.
By two to one, people were asked, we had this earlier this week, by two to one, people were asked, what's the greatest fear you have going into 2012?
By two to one, people said Obama's reelection.
Somehow we got to get that news to the Republican Party.
Somehow we got to get that news to the leadership in the House and the Senate, to the Republican National Committee.
They're the ones that don't think Obama can lose.
They're the ones that don't think Obama can be beat.
The American people are telling them every day, we don't want any more of Obama.
We don't want Obamacare to be enacted.
We don't want all this spending.
We don't want all this debt.
And we don't want a president who doesn't like a country.
That our side doesn't want to admit what we're dealing with.
That's just the normal, natural ebb and flow of politics, Rush.
The Democrats are going to win some, and we're going to win some.
And what we really want to do is get ourselves back in charge of the money, which is what their objective happens to be.
And also about the unemployment number, note that miraculously, miraculously, I'm looking here at Christopher Ruegeber, who is the official unemployment reporter at the AP, 399,000.
Notice how often the initial new claims number hits 399, just under the dreaded 400,000 job cutoff.
And you can bet on the fact that this 399,000 number is going to be quietly revised upwards, and it will not be reported on.
So, well, Snerdley is asking me if the unemployment rate will go up.
No, my guess is the unemployment rate will not go up.
What's going to happen is that the universal jobs will continue to shrink.
The job total number of jobs available will be reported to have shrunk, shrinked for you and Riolinda.
And that will keep the, in fact, unemployment may even fall.
That's what's been going on.
As unemployment claims go up, the unemployment rate has been falling, miraculously so.
So what are we now at 8.5%?
We're going to be in the high sevens by the time we get to November.
You watch.
Look at if Obama can make a recess appointment when we're not in a recess.
What's jinging a few numbers at the Department of Labor?
Also, retail sales rose at the weakest pace in seven months in December.
That was not big.
We thought it soared.
They told us it soared at the time.
And this is, of course, what people remember, but the truth of the matter is, if it weren't for, what was it?
This would be a negative number of 0.2% down if it weren't for one, what was it, automobiles, I think, if it weren't for automobile sales, the whole retail sales number would be a loss of 0.2%.
But retail sales post a gain of 0.1% as holiday buying fades.
Retail sales rose at the weakest pace in seven months in December as consumers pulled back late in the holiday shopping season, cutting purchases at department stores and spending less on electronic gadgets.
Totally, we were not told that.
I know at all.
During the month of December, we were told the exact opposite.
I haven't seen those reports.
I've only seen this report.
What do you mean you've seen reports that retail sales are soaring?
AP report in your stack.
Record-breaking.
Record-breaking.
At the top of your stack, retail sales barely rose in December, but the gain was enough to push sales to a record level for 20.
Is that what you're talking about?
Okay, well, sorry, the CNBC report does not take the record line that AP reports.
The Snerdley story is AP.
Retail sales barely rose, but the gain was enough to push sales to a record level for 2011.
Wait a minute.
A record level for 2011 was nothing to write home about in 2011.
To put this in perspective, a one-tenth of one percentage point increase equals a record for the whole year is the way to look at this.
One-tenth of one percent increase in retail sales.
The gain was enough to push sales to a record level for 2011.
It was the largest annual increase in more than a decade.
That's not good news.
It's 0.1%.
Now, I think to put this in perspective, the week's unemployment applications with seasonal adjustments is disappointing.
Without seasonal adjustment, and this is the real number.
Seasonal adjustments are just wild guesses based on what they think is going to happen because it's Christmas.
The seasonally adjusted number, 399,000 unemployment claims this week, up from last week's 375,000.
At 399, right?
Just magically below 400,000.
In the real world, however, without seasonal adjustments, the initial claims were 642,381 in one week.
That's the unadjusted number.
And the seasonal adjustment, again, is just a wild guess based on historical data and expectations given the time of year, in this case, the holiday season.
It says we're dealing with numbers, some fascinating numbers coming out of the New Hampshire primary.
Now, there are 1,144 delegate votes needed to win the Republican nomination.
That's the total necessary.
1,144.
After two, well, you really have to say one because the Hawkeye caucus does not produce delegate votes.
But after two skirmishes, we'll count the Hawkeye caucus primary just for the sake of this discussion.
After Iowa and New Hampshire, Romney has 12 delegate votes.
12 out of 1,144.
Ron Paul has 10.
He lost two primaries, but he's got 10 delegate votes.
He's two votes behind Romney.
And they're telling us the race is over.
The Republican establishment, it's over.
Everybody's going to implode in South Carolina, and it's up for grabs, but nothing.
I mean, they're telling us that the presumptive nominee is Romney.
It's over.
Okay, so he had 1,144 delegate votes to wrap up a nomination.
Romney's got 12 and are telling us it's over.
Ron Paul has 10.
Santorum's got seven.
Huntsman, two, Gingrich, two.
Even Rick Perry has two.
Even Rick Perry has two delegate votes right.
He's only 10 behind Romney.
And they're telling us that the race is over.
They are.
It's the same thing that happened in 2000.
Yeah, he's coming.
Yeah.
He's come in dangerously, dangerously high in a number of, well, in both places.
He was on the verge of winning in Iowa until intelligent people took him out.
You know, I love busting myths.
I just love, especially medical myths.
I just, I take great satisfaction in telling people that things they believe, you know, cockamamy BS that they believe for years was made up.
This one, though, is going to hit people hard.
This next one is really going to hit you hard.
How many of you, I first saw it in 60 Minutes.
How many of you have believed and have thus been living your life under the notion that red wine prevents heart disease and heart attacks and all that?
That red wine has something in red wine, particularly if you consume it with protein like the French do with cheese.
You know, the French are not fat.
The French don't die of heart attacks.
The French don't have clogged arteries.
They drink wine.
There's some magical ingredient in red wine.
You've heard this, right?
People who drink red wine tell you this.
In fact, people who drink red wine, a lot of them who drink red wine, use that as their justification.
It's almost like they're taking medicine.
Hartford, Connecticut, a University of Connecticut researcher known for his work on red wine's benefits to cardiovascular health falsified his data in more than 100 instances.
University officials announced yesterday.
UConn officials said nearly a dozen scientific journals are being warned of the potential problems after publishing his studies in recent years.
The researcher, Dr. Deepak Duz, did some studies of resveratrol, an ingredient in red wine that's shown potential for promoting health.
But another researcher whose team conducts reservatrol research at the Albert Einstein College of Medicine, New York, told the AP that Dr. Deepak Duz is not a major figure in the field.
The new allegations will Not make a material difference to Rosaritrol research was being conducted extensively around the world.
This guy ought to be transferred to the global warming research community.
He just made it up.
He literally just made it.
And guess who's investigating?
Something called, you ever heard of this, the U.S. Office of Research Integrity.
How can there be such a thing in the U.S. government?
How can any government have a bureaucracy called research integrity?
Who even knew that it existed?
And why aren't they investigating ClimateGate?
Why are they out there investigating this red wine guy?
Say I found 145 instances where this scientist has fabricated, falsified, and manipulated data on red wine.
I'm sorry to inform you, folks, but it's all been a myth.
Half my brain.
Really, I ought to correct myself.
Fat chance.
Documented to be almost always right, 99.6%.
By the way, still waiting on the special new opinion audit should have been in last week from the Sullivan Group.
It's not here yet, which means they're working diligently on this.
So accurate to say, still documented to be almost always right 99.6% of the time.
We've got another great Soundbite roster today.
And again, I'm featured throughout it, discussed on cable news frequently yesterday and last night.
Again, I didn't watch any last night, but I do have the Soundbite roster.
And we'll get into some of the, actually, it's a great Soundbite roster throughout.
And we'll get to that.
We'll start in on that in the next segment.
In the meantime, another little story here.
I just love these kinds of stories where I've been right all along.
The U.S. auto industry remains unsold over the future of green cars like electrics, which are coal-driven, and hybrids.
The automobile makers are struggling with the first steps in a market that most degree shows promise over the long.
No, there is not general agreement that there is promise in the green car industry in the long term.
Automakers wheeled out a variety of new hybrids and plug-in electrics driven by coal.
The annual Detroit Auto Show this week touting their great energy savings along with new, freshened designs.
But despite that apparent commitment behind the scenes, the manufacturers remain split between doubts and optimism over the...
What is the...
What's the doubt?
Nobody wants these.
The only way you end up with them is if it's a wearing an AIDS ribbon.
Look at me.
I'm better than you.
I care more than you.
See this ribbon?
That means I'm better than you are.
See me in this hybrid?
That means I care more than you.
A vanity buy is it.
People aren't buying these things.
They have to be paid to buy them.
She's had to recall every vault that they've ever made, and they all depend on higher gasoline prices.
That's what Obama's for.
Half my brain tied behind my back.
Just to make it fair.
Rush Limbaugh, America's real anchorman, the doctor of democracy, America's truth detector.
All combined in one harmless, lovable little fuzzball.
Snurdly, you'll love this.
Stop screening for a minute.
I want to show you how good you have it.
C-SPAN needs you.
They're getting hammered today with prank calls about this Bane business has just now, it's gone looney tunes.
Heck, let me just read it to you.
It's from the MediaIte website.
C-SPAN, not typically a place where one can expect to find the sort of gaffes and fights and general shenanigans running rampant on other politically-minded networks.
But lately, it's had to contend with a couple of prank callers.
Actually, it's more than a couple.
They have a video at the website, and Judd Gregg is the guest.
There's a still shot of the video of Judd Gregg looking absolutely appalled because, and I've sent the audio up to Cookie to have her prepare it for us.
And by the way, if I don't want to give too much of this away, but if you are made uncomfortable by the discussion of body parts below the waist, tune out.
I'll give you five seconds to go somewhere because we're not here to shock anybody, and we're not here to offend anybody.
If you don't want to hear it, I'll give you time to leave.
But if you don't leave and you end up being offended, you can't complain.
Nobody will care.
Nobody will listen to you because you've been warned.
Five, four, three, two, one.
Okay.
Everybody who doesn't want to hear this is now gone.
In the video that's been posted at MediaInite, a caller poses a serious question to Judd Gregg about Gingrich's campaign and what he's doing vis-a-vis Bain Capital and so forth.
And as the conversation takes place, the caller eventually asks Judd Gregg what he thinks of the size of Mitt Romney's penis.
On C-SPAN.
It's on C-SPAN.
I'm going to try to get the audio, and I just set it up to Cookie.
C-SPAN does not know how to deal with this.
They're probably pulling their heads out.
So there's an orchestrated campaign now.
This has become just a sad thing.
It's become a joke.
In fact, let's take this occasion to go to the audio soundbites.
This is last night on Fox, their show called The Five.
A co-host Bob Beckle is speaking with the other co-host, Eric Bowling, about the Republican primary and attacks by Newt and Perry on Romney.
Bowling said, you're starting to see it.
You're seeing the conservatives on the right, the Tea Party, Nikki Haley, Jim DeMint, some of the other Tea Party activists spoke last night as surrogates for Romney, no less starting to coalesce around Romney.
Now, is that what we're seeing, Bob?
The attack by his opponents, by Gingrich and Perry on Bain, backfired in a big way.
And if you look at what Rush Limbaugh and some of these others who have not had nice things to say about Romney came strongly to his defense by saying, what are you doing?
Why are you playing the Democrats' card out?
I'm delighted they are.
I wish they would do it longer.
One of those things that happens to you in presidential politics when your opponents take you on in your own party and they give you an opening to grab another demographic.
What Beckle here is basically saying is sort of echoing my initial reaction to Newt and Perry going after Romney on this Bain business using the exact language that the left would use and denouncing capitalism.
And so what Beck is, if you look at what Limbaugh and others here are saying, what are you doing?
And it's a question that everybody on the conservative side now and various elements of conservative media is starting to ask.
It's just amazing, actually, that this is given who's in the White House.
If you want to start attacking people for not understanding capitalism, just go to the Oval Office.
We have somebody in the Oval Office who actively opposes it.
He and his wife reject it.
As I said yesterday, people try to come up with these convoluted explanations that explain Obama's motivation.
It's not complex.
It's very simple.
We have a guy either by virtue of the way he was educated, ill-informed, malinformed, who cares?
We have a guy who believes that the founding of this country is unjust and immoral.
The founding.
This guy believes that the 1% founded the country.
The 1% have run the country since its founding.
The 99% have been exploited.
They have been used.
They have been abused.
This has been a country of an imperialist military, which has conquered other people, stolen resources.
It's the only reason we're a superpower.
They think this is an illegitimate, unjust, immoral country.
And his sole purpose is to take as much as he can from these he thinks are the 1% and redistribute it.
And there is no such thing as lawlessness when he's in the process because he is simply equalizing things.
So a recess appointment when there is no recess doesn't matter.
He's got a higher calling.
He is trying to correct evil, unjust immorality.
If Arizona wants to have a law to protect the border because the U.S. government will not enforce its own laws, what's he do?
Sues Arizona.
And there's give you countless examples of Obama governing and ruling, if you will, against the will of the people of this country.
It is the belief, why would you take over General Motors?
This is why I cringed yesterday.
When Romney's defense to what he did, to the attacks against him at Bain Capital, he basically was scorched earth, ran in there, took over these companies, fired people left and right for his own personal benefit.
Romney said, well, yeah, oh no, what's next?
Well, yeah, but this is what Obama did.
Obama went in.
He tried to save the business of General Motors.
He tried to lay people off.
He had to streamline.
No, that's not why Obama took over.
He didn't take it over to save it.
He took it over to steal it.
Same thing with Chrysler.
The bondholders, the people who were the legitimate investors who had first dibs on any corrective financial measures are told to pound sand.
Obama gives it to the unions, the quote-unquote workers, the 99% who have been shafted since the days of the founding of the country.
And their union leadership runs it.
They don't care.
It's government-owned.
They don't have to turn the profit.
It was Obama that shut down a bunch of Republican dealerships at General Motors when he took over.
For Romney to equate what he was doing at Bain Capital with Obama is mystifying to me.
Now, I understand it in one regard, and it's an attempt to inoculate himself from criticism because if he can say to the media, well, hey, you know, your favorite son, Barack Obama, did nothing different to what I did.
He's thinking maybe he can nullify some of their criticisms, but it's not going to work.
They're going to criticize him no matter what.
He starts at a disadvantage.
He's a Republican.
Therefore, he's a mean, spirited, racist, bigot, extremist.
Obama's a liberal Democrat.
It means he's tolerant, patient, compassionate, kind, understanding, all those clichés.
But to draw an analogy, a comparison to yourself and your private equity firm, to Obama, having the government take over two automobile companies.
But this is the outgrowth or the result of the attacks.
It is curious to me that you have Romney now on his second tour.
I don't know how much money he's got.
It's a lot.
To not have anticipated this line of attack when it did happen in 2008.
I mean, they went after Bain in this way to not be a flip card response to this, wherever it comes from, be it from Gingrich or Perry and the Republican side, or wait for Obama, the Democrats to do it.
You have to know that at some point, if you're Romney in this campaign, either the primary, the general, if you happen to be the nominee, they're going to come after you as a rich Republican, extremist.
Don't care about the little guy.
You only want to enrich yourself.
I mean, the cliché is there.
You have to have, I would think, a prepared, solid, prepared response or answer to it.
If, if, well, I was just doing what Obama did.
No, because Obama's, you know, Romney didn't go in and destroy any companies.
He wanted to save them.
He went in.
His motivation is profit for the investors at the same time to save these companies.
But these companies that Bain and other places like Bain buy are purchased in the first place because they're in trouble and therefore they're cheap.
They're available.
And then assessments made: can we save this place?
If we can, how?
If not, do we sell it all off, shut it down, and move on?
Those are legitimate questions and legitimate decisions made in free market capitalism.
But that's not at all what General Motors and Chrysler takeover was about.
That was Purin's.
That was Obama saying, see, those two automobile companies are an example of the unjust immorality of this country in the first place.
The people that really made those companies work are the ones getting shafted.
The workers, the union workers.
They're the ones that have to go on strike for a decent wage.
They're the ones that have to protest for health care.
Meanwhile, the manager, you know, the whole Michael Moore routine.
And that's not what Romney's about.
Romney doesn't have the same view of the country that Obama does.
So anyway, Beckle is now happy, and understandably so, because the Republicans are doing what Obama, the Democrats are planning on doing later on down the line.
The only upside to this is that it does provide Romney, if he is the nominee, an opportunity to come up with a defense for this.
And it's an opportunity, by the way, in the primary process for people to see voters to see how he is going to deal with this.
Now, I just learned, this is from CNN, a Perry donor is defecting to Romney and is citing Perry's attacks on Bain Capital.
One of Rick Perry's leading financial supporters in South Carolina is defecting to Romney.
He told CNN today that Perry's sharp criticisms of Romney's vulture capitalists were the main factor in his decision.
What, nobody went after Bain in 2008?
I got a note saying nobody went after Bain until somebody did, because I remember, it might not have been major, but Romney's always been hit on this Mr. Monopoly money bags guy.
Maybe none of the Republicans did, but he wasn't in it long enough for that to happen.
At any rate, I got to take a quick break here, folks.
We'll get to your phone calls in mere moments, as well as the ever-exciting, increasingly popular Soundbite roster.
And I haven't heard from Cookie yet, so I don't know if she has that C-SPAN audio ready to go.
But if she does, we'll have it for you when we have it.
Yeah, according to the political in 2008, none of the rival campaigns focused much on Romney's days at Bain Capital, either in their public comments or back-channel communications with reporters.
Ted Kennedy did big time when Romney sought his Senate seat.
Back in 2008, the Republicans did not go after Bankis.
This is new.
But I still maintain that the Romney campaign has to at least plan on this coming from the Democrats at some point, nonetheless.
At least, I would think by now you'd be prepared for it.
And maybe the Obama ants.
Exactly right.
The whole Occupy Wall Street movement was created because the Democrats think Romney's going to be the nominee.
The whole Occupy movement's an Obama creation, a campaign creation to run against Romney as Mr. Wall Street.
And remember, we had the soundbite yesterday.
Obama was on Ted Baxter's show back in December, and he offered the same defense.
I just did what Obama did.
He had to save General Motors.
He had to go in there to lay some people off.
He had to trim the size of the company.
He's trying to save the business.
Obama doesn't have the slightest idea what that's Obama doesn't think in terms of saving businesses.
He wouldn't know the first thing about saving a business.
Obama wouldn't know the first thing about creating a business, either side of this.
I'm going to grab a phone call.
Ron in Enon Valley, Pennsylvania.
Great to have you on the EIB network.
Hello, sir.
Thank you very much.
Great to be with you as well.
You know, I know that you want to educate your audience, and I know that's a very important part of it.
And I hate to be the bearer of maybe slightly bad news.
And that is your comment about seasonal adjustment being just a guess is a little off.
And I think it's sort of, I was compelled to call you simply to correct you.
Well, before you correct, the reason that I made the statement is because the actual unemployment number, the actual number of initial claims in the report period is 642,000, seasonally adjusted to 399,000.
Correct.
Correct.
Now, that's a huge guess.
It is.
But once you understand what that actually is, you'll know why it is that they do that.
I know that there's an awful lot of other manipulations.
They've redefined unemployment over the years to protect themselves.
I mean, I'm not trying to defend what they're currently doing with unemployment.
In fact, I think that it's ridiculous.
And it's intended to keep the people in power in power.
But seasonal adjustment is a statistical technique that allows you to compare numbers across weeks or months over an entire year.
Because what you can do, and this stuff is not, it's not just pulled out of a hat someplace.
You actually run it through these econometric models and you statistically test whether or not it's a consistent thing, if it's a long-term, if it's a changing thing, and so it adjusts itself as you do the modeling, the statistical analysis, and you keep it to a very high-level confidence interval, well above 99%.
So do these adjustments just allow you to use these numbers across time?
Okay, do this for me.
Help me learn.
Tell me exactly what seasonally adjusted means.
And if you can.
I've got about a minute.
Can you tell me how you get from $642,000 to $399,000?
Yeah, what happens is that every month of the year or every week within the year, because of holidays and because of weather and because of schools and because of a lot of jobs that are seasonal, people that are roofers and people that are Santa Claus in Christmas.
Every year you're going to have people hired and laid off because of these seasonal factors.
And so what they do is they use the equations, the models, the statistics to look at these things and say, which portion of the employment or unemployment in this month is not due to the seasonality of what happens every year?
And what portion of it is actually we'll take out the seasonality and we'll look at all these numbers for it makes it comparable.
I got you.
Okay, so you take, so basically the difference 642,000, 399,000 is those jobs were temporary.
They're not permanent.
You shouldn't count them anyway, either way, up or down, because they don't matter.
Correct.
And next month you'll find another seasonal adjustment, which will probably be the opposite direction.
Well, it should be.
But with this bunch, you don't know.
Look at how they're messing around with the whole job universe number just to get their unemployment rate down.
Anyway, thanks for the call, Ron.
I appreciate it.
We'll be back.
Our last caller, obviously a statistician, he was very concerned with the integrity of his profession.
That's why he's upset with me saying the numbers are made up.
Just to clarify, folks, my focus on this always is with the media and how they choose to report this stuff.
And there is no doubt in my mind that there's no way they're going to use a number 642,000 if they can avoid it.
And they're going to portray the 399,000 as real and they're going to underplay the seasonally adjusted business.
It's all part of the scam that's part of this regime.
▲
Export Selection