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July 10, 2012 - Rush Limbaugh Program
35:13
July 10, 2012, Tuesday, Hour #3
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Welcome back folks.
Rush Limbaugh, the EIB Network, and broadcast excellence for the next hour, the fastest three hours in media telephone number.
If you want to be on the program 800-282-2882, the email address lrushbaugh at EIBnet.com.
Folks, pardon me just a second.
When Ed Toby 30, he blew me out.
I almost went into orbit.
It was so loud.
The program audio I can barely hear.
I can barely hear myself now.
Nothing is constant.
Every syllable is a different level.
We're trying to fix the audio problems that we've got here because they're highly distracting.
I want to go back to this thing that Obama said that was incoherent.
I want to explain to you why it's incoherent and why it's also filled with braggadocio and hubris that is breathtaking.
When he talked about the model, suggesting that this campaign is about a model of what got us here, and specifically about what got us, Obama wants us to believe, he wants you to believe that what got us here is everything Bush did.
The Bush tax cuts, the war in Iraq, the war in Afghanistan.
That's what got us here.
Plus a couple of hidden tricks that Bush put in there that poor old Obama didn't know about till after he was emaculated.
The old, we didn't know how bad it was really here until we got here.
They didn't tell us how bad it was.
Same thing Clinton tried in 1993.
So we hear this phrase, what got us here, but we never hear the specifics.
It's just assumed that what got us here is Bush.
Well, I want to tell you, it was not the Bush tax cuts that got us here, and it was not the wars in Iraq or Afghanistan that got us here.
And there's a very simple way of explaining this.
In 2006, we'd had the war going on since Afghanistan and Iraq since 2003, the Bush tax cuts since essentially 2001, 2002.
In the year 2006, unemployment was under 6% and the annual deficit was $160 billion.
So clearly, what got us here had nothing to do or very little to do with George W. Bush.
What got us here, what got us where we are, is excessive government borrowing, artificially cheap and low interest rates.
The subprime mortgage mess, which did occur during Bush, but was created under Bill Clinton.
And it was fully fueled by Democrats who basically saw to it that people who had no business being lent money got loans to buy houses.
There was no credit check.
There was never, it was perfectly clear the people that were being given mortgages had no way of paying them back.
They did not have the ability.
They were given the mortgage anyway because the liberals thought it was unfair that some people in this country didn't have houses while others did.
And so it was predominantly a program for the poor and for minorities to get them into the American dream.
And the banks were forced under pressure to make these loans.
Well, the banks are not going to sit there and just willingly lose money.
So in an attempt, this is worthless paper.
All of these loans are worthless.
So in an attempt To get some of the money back that they had just literally thrown away in these subprime mortgages, they pooled these mortgages and then sold them to unsuspecting buyers who thought they were buying a phenomenal income stream with all of these pooled mortgage payments every month.
But there weren't any.
It was all on the come.
You've heard the analytical, you may not have.
There's a great analogy.
A guy owns a bar.
Everybody in there is an alcoholic.
One by one, they lose their jobs, but they're in there every day, nevertheless, and they're buying booze.
And pretty soon, none of them can pay for it.
But there's a built-in clientele in there every day.
So the bar owner goes to the bank and says, look at this customer base I've got.
This place is full every day.
And the bank says, you know what?
You have got some future income out there.
Okay, pal, here's more money.
So the bar owner borrows more money, but none of his customers can pay for the booze that they're buying.
But it's still looked at as an incredible income stream.
And they keep investing in it.
They keep investing.
Finally, the bar owner can't get any more money.
There is no income.
It all goes south.
And everybody who's lent the bar owner money is out.
This is exactly what the subprime mortgage was, with a couple of variations.
That's what got us here.
What got us here is the Democrat Party.
What got us here is liberalism.
What got us here is all of this incomparable spending by Obama, all of this debt, all of these mounting deficits, all of these economic policies that killed job creation.
In 2006, unemployment was under 6%.
The deficit was $160 billion.
What happened between 2001 and 2006 is not what got us here.
What got us here is Barack Obama.
What got us here is the Democrat Party.
Now, the Republicans, they have their own culpability in some of the spending.
But Barack Obama went along with every penny of it that was proposed when he was a senator.
He didn't oppose one penny of spending.
He went along with all of it.
But to try to say that what got us here is George Bush, what happened in his first six years or seven years is absolute BS.
Now, Obama is trying to capitalize on this.
This is what got us here in this model.
And he said a fundraising email over his name.
And in the fundraising email, he says, and he's repeating this in the campaign stump.
He's saying this election will be a test of the model that got us here.
We'll learn whether it's still true that a grassroots campaign can elect a president, whether ordinary Americans are in control of our democracy in the face of massive spending.
We will learn whether it's still true that a grassroots campaign can elect a president, whether ordinary Americans are in control of our democracy in the face of massive spending.
The model that he's talking about is a grassroots campaign as opposed to massive spending.
It's like the super PACs are doing.
Obama is pretending he's the grassroots campaign.
Obama is doing a 180.
This is why I think he's incoherent.
This is why I don't think he knows what he's saying.
If he does know, if this is a structured campaign, they have got to be fooling themselves if they think that they're going to sneak this past us.
Now, this mention here of the model that got us here, what does that show you?
Obama is saying, what he's trying to convince people to believe is that if he isn't re-elected, democracy will have failed.
If he is re-elected, democracy will have succeeded.
Romney is not democracy.
Romney is the rich.
Romney is Wall Street.
Romney is anti-democracy.
Romney is powerful forces that overcome democracy.
It's just the exact opposite.
Obama is powerful forces that wipe out democracy.
Obama represents powerful forces that wish to stomp on and squish democracy.
What Obama is saying on the stump and in his fundraising emails is that if Romney wins, then control of our democracy will have been taken out of the hands of us, ordinary Americans, and taken over by the rich.
That's his campaign.
That's what this means.
I don't think, and I could be wrong about this, but it's a function of memory, but I don't think that any president or even any presidential candidate has ever made such an outrageous statement, and he just tossed it off.
Just tosses this off.
We're going to learn whether it's still true that a grassroots campaign can elect a grassroots campaign is going to send Obama packing.
A grassroots campaign is what happened in the 2010 midterms.
A grassroots campaign is the Tea Party.
There isn't anything grassroots about Obama.
Obama is a Linsky.
Obama is a thugocracy.
Obama is the Chicago way.
Obama is wiping out the playing field, not leveling or any of this other happy horse manure.
He is pretending that his is the grassroots campaign and that Romney represents these powerful anti-democratic forces who wish to use their power to force themselves on you and on this country.
He's talking about this fundraising model, grassroots model, versus Romney's rich guys.
And this is because he's being outspent.
He's being outraised.
And he can't abide this.
Obama is the leader of the click.
Obama is Mr. Popularity.
Obama is Mr. Loves and Adored.
He's Mr. America.
This nerd, this 65-year-old dinosaur, this nerd, this absolute kook, Romney's outraising me.
Well, that's just because of the rich.
His grassroots model versus Romney's rich guys that's going to allow Romney to outspend Obama.
That's what he's talking about here.
And all it means is that they are beside themselves.
They can't believe any of this is happening.
They can't believe Romney is out raising them.
They can't believe that all of these people are going...
By the way, a lot of fat cats, these three fundraisers that Romney had in the Hamptons over the weekend, at a couple of these places, a lot of huge Obama donors showed up.
rich Obama donors who don't want any more of Obama, want no more part of him.
The Wall Street Journal is reporting today that unions spent over $4.4 billion on politics just in the six years between 2005 and 2011, which included one presidential election year.
Now, folks, this is astounding.
They are spending more than they're collecting in dues.
They're not collecting $4 billion in dues.
They're spending, this is unprecedented.
$4.4 billion in politics in six years, which encompassed only one presidential race.
And they're still losing.
They're lost in Wisconsin.
I'm telling you, there is slapped upside the head bewilderment and panic on the Democrats.
All this money is supposed to be the equivalent of landslide victory.
And because they look at it that way, they are beside themselves that Romney is outraising them.
So Obama's not going to be outspent.
All of this crying and waning about Romney outraising him, Romney is not going to outspend Obama when all is said and done here.
This is another Obama crying like a spoiled little kid over all this to his donors who aren't coming through.
He's got a fundraising note out there.
If you don't step up, why we're going to lose.
Now, I know that money is the mother's milk of politics, but folks, the reason there's so much focus on this is because Obama has nothing else.
He only has negative ads.
That's the only option he's got.
He cannot run on his performance.
He can't run on his record.
He can't run on one aspect of his presidency.
There's not one aspect of his presidency that says to a majority of Americans four more years.
Not one.
Okay, I'm going to take a timeout now.
We'll come back, and I promise we'll get to your phone calls.
People have been waiting here for a couple of days to get on this show.
It takes a lot of money, folks, to run away from your record.
It takes gazillions of dollars to run away from your record.
That's what Obama has to do.
Even the Washington Post in their poll story today has this little passage, Jean-Wisé.
Quote, the challenge for President Obama may be trying to turn attention away from a stubbornly negative take on his performance.
No kidding.
The challenge for the president might be trying to turn attention away from a stubbornly negative take on his, hey, Washington Post, why is there a stubbornly negative take on his performance?
Is it perhaps because his performance has been drastically negative?
There's nothing stubborn about us.
We live in Rioville.
Stubbornly negative take on his performance, despite everything we've done here at the Washington Post to pass this guy off his FDR.
He still comes across as Wiley Coyote.
Bunch of dumb voters.
He just said it again.
He's out there now.
He's said it again to the kids at a community college in Iowa.
He's out there decrying Romney and Republican policy.
He said, we tried it their way through most of the last decade and it didn't work.
We tried it their way.
It's three and a half years of his way, our way in 2006, unemployment under 6%, deficit $160 billion.
We tried it their way.
That's the 2008 campaign.
tried it their way Well, can you imagine if Obama's re-elected?
Can you imagine the mess he's going to inherit?
And then who's he going to blame that on?
I know the answer here's, Laura, in Manalapan.
Is that New Jersey?
Yeah, welcome to the program.
Great to have you here.
Such an honor to talk with you, Rush.
I've been listening to you for so long 20 years this November.
Well, I appreciate that, thank you.
You actually caught up with my thought.
I think you were saying that when President Obama was saying this is going to be a test of what got us here originally.
You were saying he thought it was about Bush and what Bush did and the situation we're in.
But I was thinking and I think you just caught up with that in the last segment, I think it was more.
He was talking to his own people.
I think he was saying this is going to be a test of your resolve, of our grassroots movement, all that you did to get me here.
Now let me see if you're all going to do it again.
That's what I think he was saying.
You um um you you, you could be right uh, and it's entirely possible.
I have to catch up with you today.
Well, I just you know.
One other question I have yeah um, something's a little different.
Why isn't anybody ever go after Pelosi?
I always hear these phone calls coming in about how bad San Francisco is and the crime and this and that.
Why doesn't anybody ever zoom into her territory because it's just a mess over there.
Take her to task.
People in San Francisco don't think there's anything wrong.
It's Oakland that's in trouble.
San Francisco nah, there's no problems.
There was just a thought.
I figured I would ask you, Pelosi nobody, I think there have there have been.
Cindy Sheehan ran against her.
Cindy Sheehan can't beat Pelosi, nobody can.
well she's no you know she's no great person either Cindy Sheehan seems like they're all in the same bag yeah Pelosi is is is just an untouchable there's nothing to nothing is going to change there until she decides to to retire Cindy Sheehan ran against her lost in a landslide and Cindy Sheehan was loved and adored by people in San Francisco up until the time she challenged Stoneface
And then she quickly lost favor and they forgot everything they loved about her.
And Sheehan hasn't been the same since.
Have you heard from Sheehan since that happened?
She, she hasn't, hasn't been the same.
Okay folks, another obscene profit timeout here on the EIB network.
83% of doctors, it says here, have considered quitting over Obamacare.
83% back in just a second, serving humanity, executing assigned host duties flawlessly, my friend, zero mistakes so far as I utilize talent on loan from God.
Back to the phones of Broken Arrow, Oklahoma.
Hi Susan, great to have you here.
Hello hi, Rush.
I've never had so much fun being on hold listening to all the goldies, but goodies, glad you enjoyed them.
Um, first I would like to say that, although there are many things I disagree with you on, I do admire you for the fact that at this point in your life you could kick this all aside and just say, to heck with it.
If the American people want to be a bunch of leeches, let them have it and leave, but you don't.
You stick with it.
So I do admire you for sticking with your principles.
Well, thank you very much.
I appreciate that.
I'm actually trying to hold on to what I got so that the leeches don't get it.
Well, this is true.
I do disagree with you on several things.
One of them, as I told Mr. Snerdley, was Mitt Romney, it's not just that he's dull and boring and awful.
It's we can't stand him.
We don't trust him.
There's nothing there.
I mean, it might be politically incorrect to say it, but he's Obama minus the tan.
I mean, I don't see any difference, and I don't see anything.
Now, wait a minute.
You can't.
Now, what?
You can't seriously believe that.
I know that there is a lot of distrust and lukewarm support for Mitt Romney politically on the Republican side.
He's a placeholder for people.
But he's not.
I mean, the one thing that we know for sure is that he's not going to continue what Obama has done.
But I think he will.
And I mean, just one example is, and he, along with the rest of the Republican establishment, when they talk about health care, they're saying, well, we want to keep the thing about, you know, if you have a pre-existing condition, you get insurance.
Well, write that.
That right there is going to destroy the insurance market.
What we need is somebody who stands up, like Reagan did, for free market principles and say what we need in health care is less insurance.
Okay.
We need more freedom.
We need doctors and patients interacting directly.
Okay.
Let me accept your premise then, and I'm going to ask you a question.
Okay.
What are you going to do about it?
Oh, that is the 60.
Now, I live in Oklahoma, so it really doesn't matter who I vote for.
I mean, it's a slam dunk that Romney's going to.
No, no, no, no, no.
Not going to let you off the hook that way.
No, no, no, no, no.
You are.
The nomination is over.
It's all now official except for the convention.
Romney's the nominee.
And nothing you can do about it.
I know.
So everything that you're saying to me is what we heard about Romney during the primary fight.
Okay?
Fine and dandy.
That's cool.
But he ended up winning.
I'm not arguing.
I'm just.
What are we supposed to do now?
If Romney's no different than Obama, if the Republican establishment's going to do exactly what Obama's done, because they're all the same, what do we do?
I don't know.
That's just it.
That's what's so frustrating.
That's why my sister-in-law and I, hi, Janice in Bellevue, Nebraska.
Anyway, that's why she and I are always commiserating because we can't escape.
We're about the same age you are.
We're not wealthy people.
And when it all hits the fan, we're stuck.
I'm just hoping our children and grandchildren can get out before it all collapses around us because apparently the American people do want to live off the government or we wouldn't have the people in office that we do.
It's very disturbing.
Well, I have to express sympathy for that point of view.
Because I've always said that the American people get what they want.
However, there is one aspect of that.
A lot of these people tell bald-faced lies during campaigns.
I don't believe the American people have knowingly, willingly, in a majority way, voted for the welfare state that we've got.
Oh, I don't know about that.
You think that a majority of the American people have consciously, desirously voted for the welfare state?
When it comes to their own particular form of welfare, yes.
Like I was talking about, go to any farm state and see how willing the farmers are to give up their subsidies or go to any old coup and ask them how willing they are to accept changes in Medicare, which is another thing that really I get upset with you is when you dog on boomers because I'm a baby boomer and we're the ones right now paying the exorbitant taxes to support previous generations.
I have been perfectly clear that the baby boomers are not a monolithic bunch of reprobates.
Thank you.
A lot of people seem to think they are.
Because we're going to be the ones left holding the empty bag.
We're going to be the ones that the death panels are going to come and put the old pillow over our faces and it's going to be all over.
I understand that, unless you've got money and can avoid the death panels and stuff.
I understand that fully.
Yeah.
Look, this is maybe too fine a point on this.
I know what you're talking about.
I have people who are more conservative than I am, but they've got a 24-year-old, just got out of college, can't find a job, and they want to be able to keep their kid on their insurance policy.
And if a federal law does it, they're fine with it.
But they think they are the most ardent, hell-bent, small government conservatives ever.
So you have a point when you talk about the welfare that individuals like.
Exactly.
But when you're talking about farm subsidies, that's not, I don't include that in the welfare state.
Farmers are still working.
Well, yes, but then you have, I mean, you have businesses like GE and other things that, you know, that's not the welfare state.
That's crony.
Wait a minute.
That's not the welfare state.
That's crony capitalism.
Okay.
Okay.
That's not the welfare state.
GE.
Yeah, okay.
Here's GE.
They're rolling in money.
What in the hell are they taking $700 billion for from Obama?
For some stupid green in it.
Well, because the CEO is like anybody else.
If you spend somebody else's money, do it.
Exactly.
If the government's going to give it to me and I can show my stock price going up and make it work for me, I'll do it.
Well, going back to the welfare state, though, when you talk about food stamps, the poor people basically are getting the crumbs off the table.
They don't realize it.
The people who really benefit from the food stamp program are the big agricultural businesses.
I bet you anything, if you truly tried to reform the food stamp program, you'd have supposedly conservative Republicans from farm states saying, oh, no, wait a minute.
We have to take care of the poor.
When what they're really saying is we've got to keep buying government cheese or government corn or government wheat.
And it's the same thing with ethanol.
Everybody's got their face in the middle.
I have felt the wrath on the phone of Iowa Republicans when I have discussed ethanol.
They've called here and they have been enraged and they have said things like, do you not care about winning elections?
Do you know what it takes to win Iowa?
And I said, what?
Ethanol.
We have to have ethanol.
If the Republicans take it away, we're going to lose to the Democrats.
That's the kind of stuff you're talking about, and I fully understand it.
And that brings me right back around to Ronnie because basically what you and I've heard other talk show hosts saying is, well, he stinks, but we've got to vote for him.
So in other words, sacrifice your principles.
The guy is a total weasel, but vote for him anyway.
I mean, we're really in a bind here.
It keeps getting worse.
So what are you going to do?
Oh, I don't know.
Start drinking heavily.
Does that count?
Well, you are, who are you going to vote for?
I mean, this is.
Well, I won't be able to vote.
I only have two choices because Oklahoma doesn't allow third parties.
So I probably just will not vote in the presidential.
I'll vote in all the down races, which is what I did last time.
I did not vote for McCain.
But then McCain won every single county in Oklahoma.
So it doesn't, like I said, it really doesn't matter what I do.
Which is another feeling of, you know, people like me and my sister-in-law was talking about, we're starting to feel hopeless, which is a terrible thing.
Hopeless and helpless because there's nothing we can do.
We can see the greatest country in the world going down the tubes and becoming like.
Yeah, and you're really going to fix it by not voting.
But I'm not going to fix it if I vote.
Wrong.
If you don't vote, you're voting for Obama.
No.
Well, somebody's going to come to my head to make me color in that little box or whatever.
You're telling me that you don't see any difference in the two parties.
None whatsoever.
No.
The Democrats are taking us to hell on a high-speed rail.
The Republicans are taking us there on a freight train.
Like I said, I'm about your age, and all my life, my Republican parents, it was always, oh, if only the Republicans could be in charge of all three parts of government, you know, both houses of the Senate, the House, and the presidency.
Then we get something done.
Well, what happened when we did that?
They spent like Democrats, and that's why they got thrown out of office.
Yeah, so votes matter.
Well, I don't know that they do, though.
We vote for the family.
Well, they got thrown out of office, and the Democrats got put in there.
And what happened?
Yeah.
Did it not arguably get much worse?
Yes, but I don't think it's going to get any better.
I think we're just taking these steps downward, and nothing seems to be slowing them.
Okay.
Well, then let's.
You mentioned this at the beginning of the call.
Let's just pack it in.
It's over.
We're beyond the point of no return.
That's what I'm afraid of.
I really am afraid of that.
And it's sad.
Well, in terms of the lifespan of the country, the Republicans have been in charge of all three branches of government for about a nanosecond.
That's true.
Well, I hope they've learned their lesson, and I hope there are enough Tea Party-type Republicans.
But, you know, once they get to Washington, it's like, I think it was Walter Williams who said, you know, people always ask him if he'd run for office.
And he'd say, well, what would happen to me the first time I stood up in front of the Chamber of Commerce and said, I'm not bringing home any pork.
My problem with this is multifaceted.
A, and I, please don't take this personally.
I'm just going to, I'm going to share something with the whole audience.
I, as a human being, I don't, it's a shortcoming.
I really don't mean this personally.
I'm talking actually about myself here and being immigrant.
I don't know how to deal with people who complain.
I don't know what to say to them.
I don't know if I should be sympathetic and agree.
I don't know if I should try to slap you upside the head and get you to focus.
I don't know if I should be rah-rah and try to build you.
I don't know how to deal with whiners.
I just don't.
I'm thinking you're sitting here.
It's all lost.
And I am totally devoted to saving it.
You've given up.
I'm looking at Wisconsin.
I'm looking at Obama being in trouble here.
I'm being realistic.
Yeah, Romney's not the best we've got, but there wasn't anybody that was the best we've got in the last choice of winning.
But it's over now.
I know.
I don't understand what's gained by continuing to complain about it.
Somewhere my son is chuckling because he would agree with you 100%.
Don't take it.
Don't take it personally.
That's okay.
My son dogs on me all the time.
It's like continuing to complain that the Steelers won the Super Bowl in 1979.
Oh, I know.
I will.
I'm a Cowboys fan.
All right.
Well, look, I have to run.
Susan, I'm glad you called.
Thank you.
Thanks for spending so much time.
It's not as bad as you think.
It really isn't.
Not yet.
I'll tell you when it is.
I don't know if you all have heard this.
We got an audio sound, but Obama's running around on the stump talking about his favorite summer vacation.
Have you heard this staying at Howard Johnson's?
This is the latest example in Cedar Rapids.
It says here, Colorado.
I guess it could be Kirkwood Community College.
Listen to this.
I remember my favorite vacation when I was 11 years old, traveling the country with my grandmother and my mom and my sister.
And once in a while we'd rent a car, but a bunch of times we just take Greyhound buses.
And sometimes we'd take the train and stay at Howard Johnson's.
And as long as there was a little puddle of a pool, I'd be happy.
And you'd go to the ice machine and the vending machine and buy a soda and get the ice.
You were really excited about it.
It wasn't anything fancy, but you understood that you could spend time with your family.
They were cared for.
You had a sense of security.
Okay, it's Cedar Rapids, Iowa.
Folks, where did Obama grow up?
We think he grew up in Hawaii, right?
We think we do.
Now, did none of us stick with me on this?
So we know that there weren't trains and buses and so forth to Howard Johnson's in Honolulu.
You didn't do that.
So this means that Obama and his mom and his sister had to somehow get to the mainland.
Now, what he's trying to do here is goose his lower middle class credentials, right?
Now, you got to have money to get from Hawaii to the mainland.
And then in other examples, he's talked about they've spent a month doing this.
Now, who, especially back then, took month-long vacations from Hawaii to the mainland, then get on buses and trains.
I've yet to see a Howard Johnson's at a train depot.
He said sometimes we take the train and stay at Howard Johnson's.
Howard Johnson's.
You all see Blazing Saddles.
Howard Johnson's 56 flavors, Howard Johnson's.
Madmen this season had an episode at Howard Johnson's.
No, it doesn't have anything to do with this.
It all sounds wonderful, but don't you have to have some money to take a month-long vacation, leave Hawaii, we think that's where he grew up, then go to the mainland and travel around on trains and buses and so forth.
And the big kick is the ice machine at Howard Johnson's.
I'm sorry, folks.
I'm just, I'm sorry here.
I'm not buying it.
I'm not.
Yeah, he did write about it in his book, Month-Long Vacation, Yellowstone, Disneyland.
Flew to Seattle in buses and trains, month-long vacation.
Which that's a month-long vacation.
Now, his mother was the vice president of a bank.
His stepfather was an executive in an evil oil company.
So he's trying to pass himself off as lower middle class qualifications, all that kind of stuff.
It's just It's more Tom Foolery.
We'll see you tomorrow, folks.
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