Welcome to today's edition of The Rush 247 Podcast.
Man, I just saw it last night and I feel so bad for her, and I did I I guess it was known during the program yesterday, and I just totally missed it.
Well, at Poor Princess, Kate Middleton has now been punished with a baby.
I mean, of all things, of all the unfortunate.
I don't know.
And you know, those people just can't run around and fix stuff like that.
What a shame.
Anyway, how are you folks?
Great to have you here.
Rush Limbaugh, the EIB network and the Limbaugh Institute for Advanced Conservative Studies.
Our telephone number 800 282-2882, the email address, L Rushboard EIB net.com.
Speaking of sex, our old buddy Bob Woodruff today in the styles section of the Washington Post.
Now, this story is fascinating and also fascinating to me as who might have leaked this and how long it's been known.
Bob Woodward is reporting that Roger Ailes advised David Petraeus to run for president way back in 2011.
And had Petraeus run, Woodward says that Ailes would have resigned as head of Fox News to run the campaign.
Woodward also claims that Rupert Murdoch might have helped fund the Petraeus campaign.
Now, what the the story is that Ailes looked at the Republican field and wasn't impressed.
And Ailes a big military guy and loves Petraeus.
And he's got somebody, an analyst on his staff named Kathleen McFarland, KT McFarlane, who is from the Bush administration, and she's in National Security, Foreign Policy, State Department, CA, that kind of stuff.
Apparently, Ailes dispatched according to Woodworth, Ailes dispatched KT McFarlane to Petraeus to pose the idea of Petraeus running for president.
This was 2011.
Now keep in mind we don't know exactly when Petraeus began his affair with Paula Broadwell.
We don't know when that started.
But it was probably in 2011 or before.
Since by that time Broadwell had already been working closely with Petraeus for several years on his book and or her book on him.
And by then she was using nicknames for Petraeus like Dangerous Dave and Peaches.
Those were the two nicknames that she had for Petraeus.
I don't know how long the interesting thing is the regime had to know about the regime had to know the Obama regime had to know about the Petraeus affair with Broadbeam, Broadwell, and why do I keep you would think by now I would have goofed up on that name enough to not keep blowing it.
Anyway, broad well, not broad beam.
Anyway, the regime had to know that the affair was going on.
I wonder if the regime knew about this.
I wonder if the regime knew...
Because the deal was apparently Ailes said to KT McFarlane, you go up there and you tell him if he's offered CIA to deny it, to not take it and demand chairman of the joint chiefs of staff.
And Petraeus accepted CIA.
None of this, of course, ever happened.
And they asked Ailes about it.
Oh, you know, I just I'm a I'm a I'm a wise guy.
I like to have fun with things.
He didn't deny it.
But he said that it was not nearly as big a deal as is uh as being made here by uh the post and and Bob Woodruff.
You know, a lot of people, we got some sound bites on this if I have a chance to get to them.
A lot of people are still upset at Bob Costas for his halftime rant against guns on Sunday.
Oh, speak.
Have you have you heard the latest on this Belcher guy?
Apparently on Friday night, he was with a different woman.
The New York Post has this story.
Belcher, Javon Belcher, the Kansas City Chiefs, was was with another woman Friday night and getting drunk.
And he had suffered a concussion.
Not too long ago, game in November, he was getting drunk with this babe, and apparently it was a it was not a romantic relationship with this babe.
But this other woman has come out and said, Yeah, he was with me Friday night.
He was with her at dinner, he takes her home five miles from where he lives, and then he stays in his Bentley outside her building until like four o'clock or five o'clock in the morning sleeping.
And then it so that the story that he was upset with his girlfriend for staying out at the concert till one o'clock, apparently, well, he could still be, but he wasn't home at one o'clock when she got home.
He wouldn't know when he when she got on the list, is on the phone with her.
But so he didn't get home until 5 30 in the morning.
And then the argument ensued, and then the nine shots, and then the trip to Arrowhead Stadium where he committed suicide.
So there's a then his other woman's not denying this.
So as usual on these things, you've got to wait to find out all of the related information that is obviously not known soon after an event like this.
Also a story in the stack, a bunch of chiefs' players are not joining this anti-gun parade.
A bunch of Chiefs players saying gun is not the problem here.
And I in Costus's case, you know, people are saying there's no way Costa should be fired.
I mean, even, and I want to thank Byron York.
Byron York was on Greta last night, Karen Tumulty of Time Magazine, and he tried to point out the hypocrisy.
Sports people say they don't want any politics involved.
He brought me up on ESPN and how that just is intolerable.
And he correctly remembered that after I resigned at ESPN, four or five days later, Chris uh Chris Chris Berman and that whole mealy-mouthed crowd went on the air and started apologizing in Burminton.
He was the quarterback and he forgot, and I had promised never to say anything about politics, which I never promised to do.
There was no such there was no such deal in my deal with ESPN and not bring politics.
But there was I I never asked to be able to either.
It was just it wasn't even on my mind.
But anyway, we're so sorry we didn't intend, we we we didn't realize blah, blah, blah, blah.
Everybody covering their own rear end, and Byron York says, look at that.
ESPN just goes nuts to get rid of limbaugh, but it did it cost us over to NBC perfectly fine, like I said yesterday.
The reason Costas can do it's because his bosses agree with what he said.
It's no more complicated than that.
The old NBC HBO Cabal.
They're interchangeable.
They go back and forth, people at work there, and and it's just, you know, he he said what the bosses there agree with, so it wasn't any problem.
But I don't blame Bob Costas.
I blame the microphone.
I blame the microphone.
If that microphone hadn't been on, nobody would know what Costa said.
It's is if you stop and think about it, it's the microphone's fault.
Costas, he's up there.
He's in the broadcast booth at halftime.
That's where I've been in that booth.
I I I have had several visits to the NBC Sunday Night Telecast.
And Bob comes in at halftime and he does the uh halftime show from the booth, about ten feet to the left to where Al Michaels and Collinsworth are.
In fact, where Costas, well, maybe I shouldn't say this.
I'm never uh I've already blown it, I'll never be invited back.
Now we're where Costus does the halftime shows where Catherine and I usually watch when we're guests there.
So we vacate with two or three, maybe four minutes left in the in the second quarter, and and Bob moves in to get ready for the halftime show.
That's where he does it.
But if not if nobody would have turned on his microphone, nobody would have known what he said.
So whose fault is it really?
Is it Bob's?
Or is it the microphones?
Because it's a tough call.
It's a tough call, just like Snerdley, he totally understands where I'm going with it.
If Bob Costa's microphone hadn't been on, there would not be a problem today, at least at least for Bob.
You know, NBC might now want to think about getting rid of microphones.
I mean, look at the damage.
Look at the cont, you know, NBC.
Some people say that this kind of controversy is enjoyed by media companies.
That any, any controversy is good.
But I'm not so sure.
But this is not the first time a microphone has caused pain, suffering damage.
Look at all the previous occasions.
I'm sure you can think of some yourselves.
Reverend Jackson, Reverend Jackson on a Fox News microphone that was uh accidentally uh left on.
Reverend Jackson had no idea talking when he wanted to denut uh Obama if if the Fox News microphones had not been on, nobody would have uh heard the Reverend Jackson say that.
So it wasn't Reverend Jackson's fault.
As just just what what what happened to Bob Costus on there, not his fault.
Microphone was on.
It really is no more complicated than that.
I think what this incident shows is that we might want to seriously think about permits for microphone usage.
I mean it look at look at the microphone can cause serious pain.
A microphone can inflict amazing damage, particularly emotional and psychological damage.
And only highly trained specialists should be permitted, and there should be a federal agency on this, Snerdley that.
Well, yes, I know we've got the First Amendment, but look, the founders never intended for microphones.
They didn't even know about microphones.
Do you think the founders had ever heard of a microphone when they wrote the First Amendment?
They had no idea.
You think they ever heard of PA systems?
You think they heard of television or radio?
They didn't...
They never intended any of this.
And so I think going forward, we need to seriously look at...
Well, I don't want to be so cliched as to say microphone control, but it's clear it is undeniable.
If Bob's microphone hadn't been on, there would not be a controversy today.
Maybe if Bob had put a condom on his microphone, there might have been some protection for the words uttered.
We don't know.
But we do know this.
That if that microphone had not been turned on, there would not be hurt feelings or anger or a controversy about this at all in America today.
And therefore.
No, Snerdley, I'm not worried about me.
I have demonstrated over the years extraordinary responsibility behind a microphone.
I mean, I am one of only well I am the only person with actual gold microphone.
You can't get any greater microphone permission or honor than that.
Golden EIP microphone right there.
Have two of them.
One stays here at all times and one travels.
Whenever we do broadcasts from a remote location.
But I think we all need just a uh a cooling off period before anybody actually gets to say anything using a uh a microphone.
Maybe waiting period, yes, it's absolutely a waiting period.
You apply for your permit to use a microphone, and then there's a waiting period, and you're monitored.
And you your your background's investigating to look into uh, you know, what kind of nefarious stuff you've done in your life, see whether you warrant microphone permission.
And it shouldn't conflict with the First Amendment at all, because the founders never intended any of this.
They had no clue.
They'd never heard of microphones when the first amendment was written.
By the way, you know, when it rains it pours, folks, uh amazing number of violent death.
A Florida woman, this is a White Plains New York story, but a Florida woman was convicted of Arranging the sadistic killings of her millionaire husband and his mother.
She was convicted, and federal prosecutors say she should spend the rest of her life in prison.
We're talking about Bernice Novak, who repeatedly bludgeoned in the teeth and the head.
She was bludgeoned, I'm sorry, in the teeth in the head with a plumber's wrench at her Fort Lauderdale home.
A couple months later, Ben Novak was pummeled with barbells, had his eyes sliced with a utility knife in his hotel room in Rybrook, New York.
These killings involve particularly cruel, sadistic, gratuitous savagery, seldom seen in the annals of crime, wrote uh Elliot Jacobson, U.S. assistant U.S. attorney in a sentencing memo.
So I mean, look at this.
Bernice Novak bludgeoned in the teeth and the head with the plumbers.
If it weren't for the wrench and the barbells, they might still be alive today.
That's just the top of the stack.
Camden, New Jersey, toxicology tests show a New Jersey woman who decapitated her two-year-old son and then killed herself in August, had smoked marijuana.
PCP-laced marijuana.
Camden County prosecutors released the test results yesterday showing it 34-year-old Siobhan Thomas had used PCP-laced marijuana before killing her son and then putting his head in a freezer.
If it weren't for the PCP, the marijuana, he might still be alive.
From Cheyenne, Wyoming, a man who killed his father in front of a computer science class at a Wyoming community college was a borderline genius, it says here from the AP.
Yes.
A man who killed his dad in front of a computer science class, Wyoming Community College, a borderline genius.
He was upset by the belief that he had inherited Asperger's syndrome from his dad.
Christopher Crumb, the borderline genius, 25, blamed Asperger's for his trouble keeping jobs after he got a master's degree in electrical engineering from the Colorado School of Mines in 2009.
What did he do?
Get this.
The near borderline genius, Christopher Crumb, 25, shot 56-year-old James Crumb, his dad, with a crossbow.
And then stabbed him with a knife.
In his classroom.
Earlier, Crumb, the borderline genius, fatally stabbed his father's girlfriend.
At the home she and James Crumb shared in a quiet neighborhood about two miles.
Look at this.
Borderline genius kills with a crossbow and a knife.
If it weren't for the crossbow and another murder suicide, if it weren't for the crossbow and the knife, they might be alive.
And I'm not through.
So during the break, Snurdley, you're going to talk about the fiscal cliff?
Yeah.
I'll tell you what's going to happen.
I used to think we were going to go over to fiscal cliff.
I don't think so now.
I know that Boehner and Obama are speaking privately.
I think there's going to be a deal.
And it'll only be a deal that Obama wants.
If there is a deal, it'll be one that he wants.
If there isn't a deal, it's because it's not sufficient for him.
Boehner's already put $800 billion in new revenue on the table by closing loopholes, which means getting rid of deductions.
It is.
It's being reported that Boehner, who, by the way, is also a lot of people outraged today.
Boehner is apparently purging a number of Tea Party type conservative members of the House from the Appropriations Committee and a number of other places.
Some people say that it's because of the fiscal cliff, That it's uh marginalizing conservatives.
A lot of this is payback for what uh I'm just telling you.
Uh don't infer that I am agreeing with this.
I'm not, but I think a lot of this in a couple cases is payback for things that these Republicans did during the debt limit talks last year that Boehner was not appreciative of, and this is what leadership does.
I mean, leadership gets rid of challenges.
It gets rid of people that doesn't want providing any problems.
The takeaway here is that the people Boehner's getting rid of, leadership, or committee chairmanships, memberships, uh, happen to be Tea Party type conservatives.
But uh the the fiscal cliff is one thing, but whether we have the fiscal cliff or not, well, part of the cliff, and we're gonna hit it one way or the other.
Wait till you hear there's a hundred some odd new pages of IRS regulations to clarify just investment income tax increase.
Wait till you hear this.
Okay, back we are, Rush Limbo having more fun than a human being should be allowed to have as we chronicle even more death.
Try this just a couple of days ago, a Florida woman, of course, tried to kill her husband with a tuna fish sandwich.
From the examiner, deputies, postal worker, naturally, tried to kill husband with poisoned tuna fish sandwich.
Thirty-seven-year-old Florida woman is behind bars after she allegedly tried to kill her husband by poisoning him with the tuna fish sandwich.
Beth Dickinson Richards, who is uh employed as a male carrier for the U.S. Postal Service, confessed to the attempted poisoning, claiming that she and after she was memandized, claiming she crushed up Trazidone pills and laced her husband's tuna sandwich with the stuff.
During the arrest, Polk County deputies also found a pouch of cannabis in Beth Richards' room, which she reportedly admitted belonged to her, adding to her list of charges.
So she now faces charges of attempted first degree murder with a tuna sandwich and possession of marijuana.
And see, I don't know, you banned tuna fish, trazodone, marijuana, none of this would have happened.
And these people, well, the husband would not have gotten sick.
The wife of a New York City man who was pushed onto the subway tracks to his death by a mumbling stranger, says she and her husband had argued before the tragedy.
Key Sukhan of Queens died in a hospital shortly after being hit by a train.
This happened yesterday, Times Square subway station.
Keysuck Han's widow told the New York Post that she tried to call him after their 11 a.m. flight, but he never picked up.
So apparently she hired somebody to push him in front of the train.
Maybe not, we don't know.
Well, all we know is this.
If a subway train hadn't been running, Key Suck Han would be alive today.
That's the bottom line.
No subway, no Key Suck hand dead.
It's no more complicated than that.
I know if I know one thing, I know that.
No crossbow, no knife, the guy wouldn't have got killed in the classroom.
Las Vegas, not through here, folks.
A jury in Las Vegas handed down a sentence of life in prison without the possibility of parole for a 25-year-old convicted of stabbing a man to death with a knife in a karaoke bar over a $10,000 gambling debt.
Hitman with a knife.
With a knife, I hit man with a knife.
This is this just can't happen.
Hit men use guns.
You know, in every one of these death stories, they get eight of them here.
David Oliver Rellin, a co author of the best selling book, Three Cups of Tea, said in legal filings about a year before his recent suicide that his career suffered from allegations of lies.
In the story of a humanitarian who built schools in Pakistan and Afghanistan.
David Oliver Rellan killed himself in the rural community of Corbett near Portland, Corbett, near Portland last month, according to the medical examiner.
He died of a blunt force head injury that he inflicted upon himself.
Suicide by blunt force.
Neither he nor Rellan's family, medical examiner nor the family would provide details.
Body was found along railroad tracks running along the Columbia River, where a rural road passes over the tracks, and I-84.
Blunt force suicide.
And by the way, one correction, Javon Belcher did spend four hours in the other woman's apartment.
I had it wrong.
Yeah, apparently, apparently Javon Belcher did spend some time.
He did go into the woman's apartment after he was woken up in his Bentley, spent four hours with her.
He took her home, he went out to his Bentley, fell asleep, woke up, went in back into her house, and was there till about five or five thirty in the morning, and then went home.
So, let's see.
Ah!
Raleigh, North Carolina.
Prison officials in North Carolina calling for criminal investigation after six inmates alleged that correctional officers forced them to rub habanero hot sauce on their genitals, resulting in painful blisters.
But they are still alive.
They are still alive.
So in this story of mayhem and murder and suicide and death, the hot habanero sauce trick on the genitals has left people alive.
Not dead.
Nandamikung Sioux might be interested in that during his next NFL game.
Detroit Lions defensive tackle.
Washington Reuters, the Internal Revenue Service, has released new rules for investment income taxes on capital gains and dividends earned by high income individuals that passed Congress as part of the Obamacare law.
Here you go.
This is all known.
It was not it was not articulated in detail as part of the presidential campaign, but it it was known.
There will now be, and by the way, this I I have to tell you I'm somewhat confused, because the story says that all of these new rules go into effect on January 1st, 2013.
Well, this is 2012.
So in less than a month, these new rules go into effect.
However, the rules will not be final until after the IRS completes public hearings and comment in April.
Now I'm a little confused because it the story makes it plain that these new tax rates will be applicable starting January 1, but they won't be final until the review and public comment process that the IRS holds, which they're required to.
And it won't matter.
You could go in, a hundred thousand people go in and oppose this, and it won't change it.
It's gonna happen.
It's the law.
The public comment time is just the chance for people to come in, blow off steam.
So you're gonna have uh new tax rates that will not be official until April, but they Are going to be applied as I read the story.
It's really confusing.
Here you go.
3.8% surtax on investment income to help pay for health care.
It goes into effect in 2013.
It is the first surtax to be applied to capital gains and dividend income ever.
This is on top of whatever the capital gains tax rate is.
Now, right now it's 15% speculated to go to 2025.
It's going to end up for people over $200,000 a year at 40%.
By the time it all is said and done, investment income is going to be taxed at around 40%.
But it's going to start with his 3.8% surtax.
The tax will affect only individuals with more than $200,000 in modified adjusted gross income and married couples filing jointly with more than $250 modified adjusted gross income.
The tax applies to a broad range of investment securities, range income stocks and bonds to commodity securities and specialized derivatives, $159 pages of rules, spell out when the tax applies to trusts and annuities as well as to individual security traders.
They released all this late on Friday.
The new regulations include, you ready for this?
A.9% health care tax on wages for high income industries.
So before we even get to a new deal on what Obama wants tax-wise, before we get to anything agreed to or not agreed to, before we go over the fiscal cliff, 3.8% surtax on top of the 15% current capital gains, which goes to 20.
And let's round this up.
A 1% health care tax on wages.
So whatever your tax bracket is, add a percentage point for wages.
No for high income individuals, and again, that's $200, $250,000.
So the 35.9% bracket becomes 36.9%.
But without anybody doing anything.
These are just the health care regulations.
Both sets of rules, the health care tax, the uh health care tax on wages, and the new surtax on investment.
The rules will be published Wednesday, tomorrow in the Federal Register.
The proposed rules are effective starting January 1, but before making the rules final, the IRS will take public comments and hold hearings in April.
Together, these two taxes are estimated to raise $317.7 billion over 10 years.
They won't.
You raise taxes on activity, you lessen the activity.
It will not raise the amount of money that they think it's going to raise.
It never ever does.
So the IRS offers an illustration here.
So that you can understand what you're facing.
Taxpayer filing as a single individual makes $180,000 in wage income and $90,000 from investment income.
That means the individuals modified adjusted gross income is $270,000.
The three you thought you were taxing millionaires and billionaires, but you're not.
You notice how now it's down to $200,000, not $250,000.
The $250,000 is for people that file single.
But for married couples, it's $200,000.
Now, of that $270,000 modified adjusted gross income arrived at with $180,000 in wages, $90,000 investment income, the 3.8% tax will apply to $70,000.
And the individual would pay an additional $2,660 in surtaxes.
So if you're in the $180,000 wage income, you get $90,000 investment income, your taxes are automatically going up about $2,600 before.
I mean, this is just Obamacare.
This is before Obama gets his $1.6 trillion in new taxes, of which Boehner has now offered $800 billion.
Boehner has offered as a start $800 billion in exchange for entitlement cuts and all that.
Now we mentioned this tax back on February 22nd in this program.
We called it Obama's corporate tax cut is a tax increase.
This is it's being, it was it was presented as part of the Obamacare debate as a corporate tax cut, but it's not.
And this, by the way, you got how many small businesses do you think are in this window of example that the IRS provided $180,000 in wage income or income of the business, $90,000 from investment income, modified adjusted growth, $270.
Hello, $2,600 in new taxes.
How in the world do you think people like that are going to be hiring anybody any new?
And again, this, folks, is just two new rules.
As you know, Obamacare contains over 2,000 pages, and many of those pages have new rules.
This is just the beginning.
This is the small stuff.
I got to take a brief time out.
We will be back.
Don't go away.
Okay, so I checked the email during the break.
What do you mean 40%?
See, there you go.
You just grab a number out of the sky and say it.
No.
No, my friends, let's go back again to this program on February 22nd of this year.
And the story we did, Obama's corporate tax cut is a corporate tax increase.
You can look it up at Rushlimbaugh.com.
Particularly if you're a member, you can search the archives.
And we were, I think I'm just about the only ones talking about this.
What I said back then was one buried surprise is Obama's proposal to triple the tax rate on corporate dividends, which, believe it or not, is higher than in his previous budgets.
Obama is proposing, and he he did.
He proposed to raise the dividend rate to the higher personal income tax rate of 39.6%.
That is going to kick against the Clinton rate that they hope it will.
It'll kick in in a few weeks when the Bush tax rates expire.
And that's what Obama wanted the dividend tax rate to be, investment dividend when you get a dividend paid on your stockholdings.
If you add in the planned phase out of deductions and exemptions, that 39.6 rate becomes 41% on dividend tax rates on dividend income.
Then you've got this 3.8% surtax that's in Obamacare that I just mentioned to you.
This is the this is what Obama wants.
This is what we're talking about as being part of the fiscal cliff.
So he wants to triple the tax rate on dividend income.
Now, not everybody has that, admittedly.
Like if you have Apple stock, for example, they've just started paying a dividend for the first time ever.
And some of the dividends they're paying are pretty high because the stock is has vaulted so high so fast.
So you've got the dividend income going to the new tax rate of 396, then you add the 3.8% investment surtax to pay for Obamacare.
Then you take away the deductions that are part of the plan, and the new dividend tax rate in 2013 would be 44.8%.
And that's practically word for word what I said on this program back on February 22nd.
Dividend.
This is not capital gains.
I want to specify dividend income.
It would be subject to capital gains, but this that we're talking about would not be applicable to all capital gains.
This is dividend but it might cover a lot of It it is significant.
Now, to put this investment tax, this surtax into perspective, if you sell your $400,000 house, you're gonna have to pay $15,200 in new taxes because of Obamacare.
The Obamacare tax, 3.8% surtax on capital gains, get it's gonna hit you in ways you haven't even considered.
Now, this is called investment tax, not capital gains.