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All right, uh ladies and gentlemen, Investors.com has an interesting piece today, uh one of their editorials called his agenda.
And the headline of this piece is the terrifying line in Obama's speech that everyone missed.
President Obama's convention speech got rough reviews, and rightly so.
He offered little but tired bromides and recycled promises.
But critics overlooked one promise that'll guarantee an even bleaker future.
There was plenty to dislike in Obama's speech.
Language was flat, his delivery was languid.
Speech was stuffed with standard Obama chestnuts about the smallness of politics, the corrupting influence of money in politics, and how cynicism is our worst enema.
Instead of stirring rhetoric filled with hope and promise, Obama promised that under his leadership, our path is harder and our road is longer.
Really?
After four years of the worst economic recovery since the depression, after falling incomes, lower paying jobs, increased hopelessness, exploding debt.
All Obama has to offer is that he'll make this nightmare last even longer.
He also told the public that uh quote, you elected me to tell you the truth, not to tell you what you wanted to hear.
He then proceeded to hide inconvenient truths while filling the public's ears with sweet nothings.
For example, he pledged government help for everybody who could possibly want or need it, but managed to avoid any mention of the hard truth, the national debt, just top sixteen trillion dollars in entitlements are unsustainable.
He said he'd spend the money saved from ending the wars in Iraq and Afghanistan on roads, bridges, and schools.
Even the liberal press not buying that one.
As the AP pointed out, Obama laid claim to a peace dividend that doesn't even exist.
He promised to take responsible steps that would keep the promise of social security, but he failed to mention that the only options he's left on the table are raising taxes or cutting benefits.
That may not be what people want to hear, but it is the absolute truth.
He trotted out his supposed plan to cut deficits by four trillion dollars over the next decade, which is a laugher.
I don't know how he gets away with that stuff.
This guy wouldn't know cutting a deficit if it slapped him.
His actual plan, the budget that he presented in February that didn't get a single vote, would add three and a half trillion dollars in deficits over the next decade, not cut four trillion.
Then he said that he would create a million new manufacturing jobs, that he would recruit another hundred thousand math and science teachers.
This was the State of the Union portion of the speech.
He said he would cut tuition growth in half.
He said that he would reform the tax code.
And all by magic, since he hasn't presented one detailed plan on any of this.
But while everyone was picking apart these and other flaws in Obama's speech, they overlooked the most frightening line of all, and that was when Obama promised that he would pursue the kind of bold, persistent experimentation that FDR pursued during the only crisis worse than this one.
Our path is harder.
Our road is longer.
He promised more of the same.
He was being honest, he was telling you, if you if if I win reelection, it's it's gonna continue like as it is.
Because for him to accomplish what he wants, it must continue.
He has to.
If he's going to be the transformative president that he wants to be, he is going to have to do his double whammy on the private sector.
He's gonna have to continue to grow government.
He's gonna have to continue to spend money that we don't have.
He's going to have to raise taxes.
He is going to have to diminish wealth in this country, and he is at the same time gonna have to diminish the opportunity to create wealth.
So he said it.
He promised it more of it straight ahead.
Back to the audio sound bites.
Last night on the record, Greta Van Susterin, she had um uh how do you pronounce Kelly is it ayat, A Y O T T E, the um New Hampshire Republican Senator?
It's IOT again.
See, this is a pro I never hear these names pronounced because I never have the volume up, because I couldn't hear it anyway if I did.
So I only see these names on I ought to start asking people.
Um it's only been ten years that I can't hear.
There ought to be a procedure for me to know how names are pronounced.
Rather than have to guess this.
Anyway, just because I don't know how her name is pronounced doesn't mean I don't know who she is.
She's the Republican senator from New Hampshire.
Breta Van Susterin said, Senator, do you agree with Rush Limbaugh that we are headed toward economic collapse?
Or is he overstating it?
We're still over 8% unemployment, and for every one job we've added, four people have left the workplace.
It's the lowest labor participation rate since 1981, over 43 straight months of 8% unemployment, and then there's the debt.
We met the marker of $16 trillion in debt.
This president has added $5 trillion in debt, and frankly, our country can't take anywhere.
What he had to say about Obamacare is absolutely right.
I've heard it from employers in my state that they're not adding jobs because of the cost of Obamacare and worries about it.
So, yes, we're in deep trouble, I think, if we have former years of these policies in this president.
Folks, there's no question of it, it's what he intends.
What is what does it mean when he says the road is harder and longer?
Our path is harder and our road is longer.
He's not promising salvation from any of this.
He's promising more of the same.
Anyone want that?
We're we are being told.
How's it pronounced?
Ayat.
Okay, I we are being told.
See, that was my inclination.
Even when I think I'm wrong, I'm right.
That was my instinct in how to pronounce.
I am all knowing.
I mean, I know it when I don't know it.
Sometimes I know it when I don't think I know it.
I need to trust myself in these moments, these rare moments of self-doubt.
Our path is harder and our road is longer.
Does anybody want any more of this?
And what the media is telling is yes, millions of Americans do want this.
That's what they tell us, folks, when they're suggesting that Obama's leading in the polls.
That's what they're suggesting when they tell us that these millions of people want to vote for Obama, that people want more of this.
Well, who are the people that want more of this?
And are they a majority?
That's the big question.
Who is it that wants more of this?
If you like working, if you like having a career, but you don't have a job, you don't want any more of that.
The only people that want more of this, I would think, are the beneficiaries of Obama's crony capitalism and the people who think that the gravy train, the government benefits, will never end.
But they will.
Folks, this is unsustainable.
Uh what When I was growing up, which was a long time ago now, I remember my my dad's friends who sound like we sound today, talking about national debt.
National debt when I was growing up, I'd have to look it up, but I don't even think it was a trillion dollars.
It might have been.
The point is, nowhere near what it is today.
And back then, my parents' friends, my dad's friends were all saying a national debt was going to be our ruination.
And I would always ask them, well, so well, who do we owe it to?
Back then the answer was ourselves.
I said, well, then why does it ever really have to be paid back?
And if we're all Americans, we're all in this together, and if we owe the money to ourselves, why does it have to be paid back?
Which begot lessons to me on debt and why it must be repaid.
But the point is, for all of my life, then I started hearing people talking about the national debt and how it's going to be our ruination.
And through all of my life it wasn't.
National debt hasn't mattered a hilla beans.
That people are aware.
Now, of course it has.
It has in in in innumerable ways, but they're not obvious.
The national debt takes money out of the private sector that people would otherwise have access to to borrow, to buy homes or to start businesses or what have you.
Now the debt is owned by the ChICOMs and the Japanese and who knows who else.
1969.
That's it's a good year.
I was 18.
The national debt was 286 billion.
286 billion dollars in 1969, and my dad's friends were telling me as a youngster that this is gonna this national debt is gonna end up making you and your brother slaves.
That's what my dad and my dad too.
You're gonna you boys are gonna be slaves if the liberals are not stopped.
This national debt is gonna end up destroying the country.
Well, I lived my whole life and it never destroyed anything that I was aware of.
Now I got fired seven times, but I never chalked it up to national debt.
I never chalked the national debt up as an excuse or reason why I wasn't earning very much money.
Yet I continue to hear the national debt national.
So now here I am a little older than my dad and his friends were when they were telling me about the danger of national debt.
What am I doing?
I'm saying the same thing they said.
Only what makes now do why do we not have another two generations of okay.
I mean, 269, 2002 billion dollar national debt in 1969.
$16 trillion national debt now.
In 1969, the welfare state wasn't nearly as big.
We had only started the Great Society and the War on Poverty five years earlier in 1964.
Medicare and Medicaid were relatively new.
All of this stuff I I guess my point now is that here I am saying the same thing that adults were saying to me when I was a kid.
And I wonder how many kids ah it's just a bunch of old foes whining and moaning, they don't know what they're talking about.
Clearly there are people that don't care about it, they don't understand it, and they don't see the danger in it, because like I was told, they're probably told, well, we owe it to ourselves.
So it's really not like a debt.
But now I'm and I I said I said yesterday, and this is what Kelly Iott was being asked by Greta Van Sustran, I asked the question yesterday, how long before the collapse of our financial system if this guy gets reelected?
It is imminent.
We are now at the point I think my dad and his friends were warning me about.
No, I don't think they knew that it would take until 2012 for this to manifest itself in such obvious ways.
I just, but we finally reached that point where now I am fully aware of the dangers that the national debt and these the never ending annual deficits portend.
This is now real money we don't have.
And add to that, the people who own our debt are not really our friends.
But that is kind of mitigated because if we go down the tube, so do they, although some of them might want us to go down the tubes.
Chicoms, I don't think actually would care.
They like us for our the the market, the purchasing market we represent, the manufacturing market they have created to satisfy our purchasing demands and desires.
But we're still an enemy to them.
But I digress on that.
Four more years of not caring, four more years of purposely adding the road, the path is longer, the road is harder.
He's gonna keep doing this.
And it isn't sustainable.
All of these entitlements are going to literally hit the point where they don't have the money to pay out the benefits.
I know people have been hearing this all their lives, and the checks still keep flowing.
So what makes now different?
Well, what makes now different is that we have someone in the White House who is not concerned with it at all?
This is just fine with him.
But who wants more of this?
Who wants the same path?
Or in fact, a harder one, and who wants the same road even longer?
Where is this taking us?
On what path are we?
And on what road are we?
Where are we headed?
Everybody, I think, could agree that the road that we're on is not to prosperity.
This is not the road to prosperity.
This is not how you get there.
Same thing with the path.
Why would the next four years of the same policies be any different?
If spending a trillion dollars to create jobs sufficiently to get the unemployment rate down to five percent, which is what Obama promised, stimulus would get unemployment down to five percent if it didn't work, if a trillion dollars didn't work, why would two trillion work if they tried to say double it?
Why why would three trillion?
It won't.
What Obama claims to want versus his policies cancels each other out.
His policies cannot get us to what he says he wants, a strong, thriving middle class with with Boku job creation.
And the evidence is the last three and a half years.
His policies do just the exact opposite.
And he promised more of the same.
And obviously it'll be harder if there's more of the same.
So who wants more of this?
And that boils the question down to its essence.
And the people who do want more of this are actually the problem.
Because they haven't the slightest idea what that means.
Because it's gonna run dry.
The spigot's gonna run dry.
They're gonna end up with nothing.
Because Obama is killing off production.
He's killing off wealth creation.
He is de or disincentivizing it.
Let's put it that way.
Back to the phones of Morgantown, West Virginia.
Hi, Dustin, great to have you on the program, sir.
Hello.
Hey, Rush, thanks for taking my call.
You bet, sir.
I was just calling because it was also something else that uh I think was overlooked in the speech when Obama made the comment about if you wanted to go to college, that we could help you go to college, and that's the only way that you could go and lead a middle class life.
And so that you too could have a middle class life.
And I thought that was a little ridiculous.
The fact that uh you had to go to college one to get a middle class life, and two that if you did go to college, that all you can basically expect afterwards is to lead a middle class life and mediocrity.
Well, you see, you have hit on something very important.
As an Olinskiite and as a as a Trotsky, as a as you know, Obama being a a huge progressive, a huge liberty, middle class is what everybody is gonna be.
There isn't gonna be, but everybody's gonna be equal.
Everybody's gonna be the same.
Everybody's gonna have safe stuff, uh, same opportunity.
Everybody's gonna be Julia.
You in that in that little video that the Obama campaign put together.
Track the life of a woman from the day she's born till the day she dies.
And now everything she has comes from government.
Her education, it's in the middle class, she has a little garden, she waters the flowers, occasionally gets a little pill pet cat, whatever abortion down the line, she needs it, all provided by the government, all middle, including the education.
So that very shrewd of you to point that out.
The expectations are no higher than average.
That's what Obama wants everybody shooting for.
That is a brilliant, in fact, observation on your part, Dustin.
Dustin, hang on.
I gotta don't go away.
Hold hold on through the break if you can.
And we are back with Dustin in Morgantown, West Virginia.
Dustin.
You know, you you you really swerved into the truth there.
There is no shooting high with this.
And nobody, for example, in the Obama administration ever talks about being the best.
Nobody ever talks about pursuing excellence, reaching the upper class, everybody's middle class, as though that's some great achievement.
Uh and and of course, what in Obama's world, everybody, the masses, which of course we're not masses in this country, but the masses are going to be the middle class, which is all the same.
Everybody basically uh just like everybody else.
Uh here what I want I wanted to I wanted to my my prize closet is getting filled back there, and I I need to start dispersing some stuff.
So I wanted to give your choice of an iPad or an iPhone or a uh retina MacBook Pro computer.
Um the iPhone, I gotta be the iPhone is the 4S, and as of tomorrow, it'll be last year's model.
Right.
But it's it's still kick-ass.
Uh but the other two are state of the art, latest available, especially the the MacBook Pro Retina display 15 inch.
Yeah, that that would be great, the MacBook Pro.
I need a I need a new laptop.
That'd be fantastic.
Well, let me tell you, this is made to order.
Um, and it's it's fully loaded.
It's got the largest uh uh uh uh solid state drive in it that they make, 750 gigs, uh 16 gigabytes of RAM.
Wait till you see this thing.
It's absolutely stunning and beautiful.
Wow.
Thin, carry it around easily and so forth.
And the battery time, when they come out right now, the operating system's uh 10.8.1, 10.8.2 is coming out in a couple days, it'll give you 10 to 12 hours battery life.
It is stunning.
System a so you hang on and Snerdley will get the address.
Give us a FedEx address we can get it to you tomorrow.
Russ, thank you so much.
I appreciate you having me on the show.
Okay, Dustin, thank you.
Now don't go away.
Now, ladies and gentlemen, um, I want to go back to our second audio sound bite.
For some reason, I said something confusing today when I didn't intend to.
I've had three people tell me the woman you didn't know in this send soundbite was Jedadiah Bila.
But I did know it was Jedediah Ba.
Obviously, I said something I didn't intend to say.
It must have been one of those moments when my mouth couldn't keep up with my mind.
This is from Red Eye, and the discussion is my theory that the Chicago teachers strike is a golden opportunity for Obama in the middle of the campaign to walk in there and solve it to everybody's benefit and show how wonderful he is and how he can get things done, and everybody disagrees with me on this.
The first soundbite was A. B. Stottered on Fox.
No, no, no.
Uh Rush Limbaugh's wrong.
This is not a Democrat setup.
This is a toxic situation for Obama.
Jedadiah Baila in this conversation that we have from Soundbite Number Two on Red Eye, the 3 A.M. show in Fox, uh, on Fox, she leads off this discussion, and the other female voice here is Ann Coulter.
I heard Rush Limbaugh talking about this today, and I hadn't thought of it in that way.
But it would be really great for Obama if he could come step in and be, you know, the big man on campus and say, let's all get along.
You give this, you give that.
We'll all make it work, we'll solve the educational problem together.
Not gonna happen.
No.
No.
It wouldn't work for him if he did that.
He'd have to be like Scott Walker.
So Coulter doesn't think it's possible.
Bila thinks it's uh oh, she hadn't thought of it that way.
AB Stotter says, no way can't possibly happen.
Let's review this.
We have a bunch of teachers on strike in Chicago.
By the way, let's go back to Obama's commencement speech at his convention, a State of the Union address, essentially, where he said the following.
He said, education's the gateway to opportunity for me.
And then there were cheers.
Yay, education.
And then Obama said it was the gateway for Michelle.
Yay!
The audience cheered.
And then Obama said it was the gateway for most of you.
And now more than ever, it is the gateway to a middle class life.
And that's what Dustin from West Virginia was pointing out.
Education is the gateway to a middle class life.
It's the gateway to a lot more than that.
But then Obama said, for the first time in a generation, nearly every state has answered our call to raise their standards for teaching and learning.
Okay, so then the question becomes well, how is Obama going to square that last part with the Chicago teachers going on strike because they don't want to be evaluated.
That's one of the reasons they've gone on strike.
They don't want to be evaluated.
They don't want to have to take tests to prove that they're qualified.
They don't want to have to take tests to prove that they know what they're doing.
They don't want to be evaluated.
They're also asking for 16% wage increase.
So my theory was, my gosh, if there was ever something made or where is it?
This is not happening in Philadelphia.
This is not happening in Dallas.
This is not happening in Los Angeles.
It's happening in Chicago.
A town controlled totally by Obama forces.
Totally controlled by the Democrat Party.
The teachers' union in the tank for Obama.
Rom Emanuel, the mayor, former chief of staff, said a crisis is a terrible thing to waste.
The teachers are asking for 16%.
Now, of course, Obama's not going to insert himself in this thing without a deal already having been struck.
Of course he's not going to do that.
But what's to say that there aren't negotiations going on even now?
And the teachers will happily say, take 10%.
That'll make Rom look good.
He talked him down to 10%.
Still way above what anybody else is getting in terms of raises in this country.
Even 8% would be.
Hey, make some kind of deal on the evaluations, tell everybody teachers are going to be evaluated, but they won't be.
I mean, after all, it's the teachers'union.
It's any union.
Any union in Obama, they're blood brothers.
The teachers'union head honcho is a guy named Klonsky.
I forget his exact name, but he's a former member of the Communist Party USA.
He's one of Obama's big supporters, fundraisers, bundlers.
So it may not happen either.
But I don't think it's cynical to suspect that something like this is possible.
In the middle of a presidential campaign, everybody talking, what's the October surprise going to be?
Who says we have to wait until October for it?
It could still be an October surprise to have this thing happen in September.
But even if Obama does nothing, there was still a point to my making the prediction.
And that's the big question of the day.
What was I really doing?
And after 24 years, like I said, the magician doesn't give away the trick.
If somebody can call here and tell me what I was really doing, and you get it right, then you shall be rewarded with the prize yourself.
But I will not divulge the trick, i.e., in this case, the real reason I made this prediction on my own.
Somebody's going to have to figure it out.
As we speak, ABC News has a story that says this.
Paul Ryan crossed party lines and voiced support for one of Obama's biggest backers today.
Paul Ryan said, quote, we Stand with Mayor Rom Emanuel in his fight with Chicago's teachers.
Well, my friends, what do we have here?
This is made to order for the GOP establishment.
You realize the orgasms they're having.
Well, guess what just happened?
Ryan and the Republicans have just engaged in bipartisanship.
Why we've just engaged in cooperation.
We have just expressed solidarity with Rom.
The Republican ticket, and Romney did it yesterday at this story rated.
Romney calls on Obama to stand up for Chicago kids in light of teacher strike.
Here's Romney's quote.
I'm with the kids and I'm with their parents, and I'm not with the teachers union.
Now, Romney has been a critic of teachers' unions.
In May, he called them the clearest example of a group that's lost its way.
So here are Ryan and Romney aligned with Rom Emanuel and thus with the children and parents of Chicago, bipartisan joining a Democrat mayor.
The teachers are isolated over there.
The only friend they have left is Obama, who isn't saying anything about this yet.
Perfectly studiously avoiding this.
Lurking on the sidelines, as we say.
So, do you like Ryan and Romney joining forces with Rom here?
Is there a political payoff for coming out against the teachers' unions?
Our base is not crazy about the unions.
This has given Ryan and Romney an opportunity to make that very clear.
So as far as base coalition or coalition is concerned, that's good.
But how do you feel about our guys actually trumpeting alignment with a Democrat Mayor of Chicago, the ballerina, Rom Emanuel?
Rom isn't gonna like it.
But I'm gonna I'm gonna tell the Republican consultants literally having orgasms.
This is what they think it's all about.
Cooperation, bipartisanship, joining forces for the common good, finding areas of common agreement, and going for it.
So the only person who hasn't spoken up here is Obama.
Yet.
But how does it look?
The news is ABC.
In fact, both these stories are ABC.
And if you read the entire story, both stories, they make it sound as though Romney and Ryan have really come out against the teachers.
Not the teachers union.
We're talking perception here.
Ryan and Romney, anti-teacher.
Now, aren't teachers in our culture sort of sancrosanct and special and so forth?
They used to be, I don't know, just asking.
In a roundabout way here, I'm trying to gauge your reaction to this.
Ryan and Romney.
We stand with Mayor Rom Emanuel.
They make it a point.
They made it a big point.
They wanted a lot of attention focused on it, and they got it.
Ryan and Romney standing with Rom Emanuel against the teachers and with the children.
I find all this fascinating.
And then, folks, 79% of the eighth graders in the Chicago public screwels are not even grade level proficient in reading, according to Obama's own Department of Education.
80% are not grade level proficient in math.
79% of Chicago eighth graders cannot read.
That's stunning.
And the teachers behind us are asking for a 16% raise and no accountability.
It's impossible to support him.
And that's why the A.B. Stoddards of the world are saying this is toxic for Obama.
They can't win supporting the teachers union here.
Because they're not doing a good job.
They're asking for far more than anybody else has got.
But I uh I disagree.
I think.
See, I know liberals.
I know how they think.
I know how they set these things up.
I know how they coordinate with the media to report something like a settlement on this thing.
Believe me, if they wanted to structure a scenario where this thing gets settled and Obama gets all the credit, they could do it with a snap of their fingers.
They could do it in a millisecond.
And it's a perfect group to go along with the teachers' unions.
But that's not why I made the prediction.
All of that.
Not why I made the prediction.
I got to take a break.
Wall Street Journal is saying that the iPhone V could actually raise the U.S. gross domestic product by one half of a percentage point.
Even if Obama can't operate one.
Even if Obama doesn't even know how to make a phone call using an iPhone, the iPhone V could elevate the GDP by half a percentage point.
Okay, I'm through asking you.
I'm gonna lay this out for you.
I'm gonna tell you how it is.
In Chicago, you got teachers.
They're members of a union.
Here's an undeniable truth of life.
The conservative base of the Republican Party despises unions.
The Tea Party, especially because the unions beat them up at town hall meetings.
Unions beat up Tea Party people, they hate them.
Independents, more and more are not crazy about you, particularly the teachers' unions, especially.
Look at what happened.
Look at Wisconsin.
The unions in New Jersey were hated.
How do you think Chris Christie got elected?
They hated him in Wisconsin.
Scott Walker got elected.
And then when they tried to recall him, he won that with 53%.
And what was Scott Walker identified with?
Keeping the unions in line.
Particularly the teachers' unions.
So the teachers' unions are on an island, particularly in Chicago.
Even Rom is publicly against them.
What I think Obama ought to do is suspend his campaign and the presidency until the teachers go back to work.
We need to take a page from 2008 and the economic crisis.
Obama should go to stop everything, suspend everything until the teachers go back to this.
That's the most important thing to him, of course, education.
Education is your meal ticket to the middle class.
To more and more Americans, teachers are just not doing their jobs.
You go to Atlanta and you got the teacher scandal there.
Teachers giving away tests results so that their accountability scores are higher.
Public schools in general are not polling well.
So you throw Ryan and Romney into this mix.
What have they done?
Ryan and Romney have pardon the sniffles.
Ryan and Romney have solidified the base if they needed to.
They have come out against teachers' unions.
They've come out for the children.
That can never hurt you.
And they've uh basically expressed their solidarity with Rama Manuel.
Now on the Democrat side of this, though.
See, I've I've had a long-standing theorem, sort of like Rush Zoo's art of war.
And that is when your enemy is imploding, you get out of the way and let it happen.
When a caller is making a fool of him or herself, you shut up and let it happen.
Well, Ryan and Romney have violated that.
They have now helped speed this uh uh self-imolation along.
It is not beyond the realm of possibility that the teachers and Rom and Obama.
I would love to see this.
Teachers and Rom and Obama, the hell would be enjoyed by these guys, and they all unify and solve their problems to hell with Ryan and Romney.
We don't want them involved in this.
We don't want them on our side, to hell with those guys and solve the thing just to spite them.
See, we don't want anything to do with them.
Anything can happen here.
But that's still not why I brought it up.
You know, Obama could call up his SEIU buddy.
What's his name?
Stern.
Not there anymore, but is still the de facto head of the call up his SEIU buddy.
Say, look at you need to head down to the streets there in Chicago, start breaking some heads of those teachers union strikers.