All Episodes
Feb. 10, 2014 - Rush Limbaugh Program
32:48
February 10, 2014, Monday, Hour #3
| Copy link to current segment

Time Text
Hey folks, and welcome back.
Great to have you.
Thanks so much for being with us here and every day.
And the Excellence and Broadcasting Network, the nation's most listen to radio talk show.
Telephone number if you want to be on the program is 800 28282, the email address, illrushboat at EIBNet.com.
I've had people ask me if I'm watching the Olympics.
I'm not.
And I'm glad that I'm not.
I no, I don't watch the opening ceremonies.
I'm never.
No, I didn't.
I don't know.
The Olympics ceased to be sports matter of any interest to me a long, long time ago.
But I've had my decision validated.
I happen to read some of what was said in a recorded bit that they did during the opening ceremony.
And it was a narration provided by Peter Dinklage, who's a dwarf actor in Game of Thrones.
And here's what he said.
That is an excerpt.
This is not the whole thing.
And I I'm just going to read it to you.
And it's a tribute to Russia, of course, which is the obligatory thing.
Here you are, you're doing the winter Olympics and Sochi So.
You got to do a tribute to Putin, which they did, tribute to Russia, which they did.
It's obligatory, but still.
The towering presence, the empire that ascended to affirm a colossal footprint.
That's how it starts, praising the Soviet Union.
The revolution that birthed one of modern history's pivotal experiments.
I'm so glad I wasn't watching when I when that was broadcast to refer to the Soviet Union as one of modern history's pivotal experiments.
The millions of people slaughtered by the various regimes in the Soviet Union would shock people who don't know.
But if politics is long shaped our sense of who they are, it's passion that endures as a more reliable right to their collective heart.
What they build in aspirations lifted by imagination.
What they craft through the wonder of every last detail, how magical the fusion of sound and movement can be.
How much a glass of distilled perfection and an overflowing table can matter.
Discover the Russian people through these indeligible signatures.
Indelible signatures.
Discover what we share with them through the games that open here tonight.
Now, between that and the cheerleading for Putin, I just glad that I'm not watching.
There's nothing pivotal.
I mean pivotal experiment.
Modern history.
These people are still living with the lost dream of what could have been with the Soviet communist state.
So, no, I'm not watching.
And I just, aside from all that, ski jumping is about it for me.
If I happened to be channel surfing and that was on, I'd stop.
That fascinates me.
But without Tanya Harding, you know, going down on Nancy Kerrigan's knees, another.
Now, uh get this.
There's a Michelle Obama's constantly talking to us about food deserts, right?
She's constantly complaining that that uh big time supermarkets will not put healthy, fresh food in the hood.
So a a chain tried to, and they were promptly kicked out.
Two stories on this.
Just to show you the different perspective.
The first is from a uh a little blog called Ben Swan, Truth and Media.
First time I've run across it.
Portland, Oregon, February 7th.
According to local media outlet, the Oregonian, African American activists and politicians forced the Trader Joe's grocery chain to drop their plans for a new store in a predominantly black community because the store would quote increase the desirability of the neighborhood for non-oppressed populations.
We run neighborhood stores, and our approach is simple, said the grocery chain.
If a neighborhood doesn't want a Trader Joe's, we understand, and we won't open the store in question.
The Portland Development Commission offered a substantial discount to the grocery chain for a two-acre parcel of land.
And the land which sat undeveloped for years was offered to the chain for $500,000 in an attempt to bring high-paying jobs and prosperity and healthy food and all that to the neighborhood.
The construction project, which was to include two large anchor buildings and ten retail shops, was promised to an African-American-owned construction company.
and The Portland African American leadership forum, along with Mayor Charles Hales, sent letters to Portland Development Commission citing that they were contributing to the destructive impact of gentrification and displacement of the African American community.
They also said that they would remain opposed to all development of the land that doesn't solely benefit African Americans.
Now, the headline of the story, black activists and politicians force Trader Joe's grocery out, claim it would attract too many whites.
Now when I saw that, I said, okay, I got to be very careful here.
Because the internet is filled with incendiary stuff that could be a trap.
So I said, I need to I need to dig further into this.
So I found an AP story about this.
And it it turns out that this blog pretty much has it right.
So we've we got we got Michelle Obama constantly complaining about food deserts.
And here we had a grocery chain that was gonna try to put in a grocery store with healthy food in a black neighborhood, and and the the black neighborhood said no because you might improve a neighborhood too much.
Well, the black polit, the leaders of the black neighborhood, black leaders of the black neighborhood, the black politicians say, no, no, no, no, no, no, nope.
You you are not you're not gonna come in here we you you we're gonna increase the desirability of the neighborhood for non-oppressed population.
We're not gonna have that.
Meaning we're not gonna let you come in here and change the makeup of our neighborhood, no matter what.
Okay, so the AP version of the story, with very, very misleading headline, Trader Joe's drops black neighborhood store plan.
Critics said the development would displace residents and perpetuate income inequality in one of the most rapidly gentrifying zip codes in the nation.
Critics said that development, the grocery store, would displace residents and perpetuate income inequality.
Meaning what?
Why do we even have to worry about income inequality now when the whole push is for not working, period?
I mean, they can't have you know Obama's out there saying, Hey, Little America, give America a raise.
Why?
Why?
We want to liberate people from having to work, period.
Why give them a raise?
Now we don't want to perpetuate income inequality by bringing in what?
A grocery store if it's high class by comparison.
I'm not gonna have that.
Can't have it.
Raises the property value.
Other people want to move in, and then that would make the neighborhood really unlike what it is now.
We can't have that.
So the grocery store comes in, property values go up, brings in a new uh wave of people who can afford the new property values, and that changes what used to be there.
Well, yeah, and would improve the neighborhood, and we can't do that.
Might improve the schools.
So we can't do that.
Apparently, because that would all happen, we can't have this grocery store.
That's what the black leadership, that's what the blog said.
It's what the ABC, the AP story apparently confirms.
Well, I wouldn't go that far.
That's what they're really saying, keep a ghetto a ghetto.
All right, well, if that's what they're saying, then they can't complain anymore about not having healthy food in there, which is a bogus claim that Michelle Obama makes.
Anyway, it's not even factually uh correct in the first place.
Aging America heading for disaster.
This is Kyle Smith, New York Post yesterday.
And he wrote a piece based on a new book called A Demographic Cliff by Harry S. Dent Jr.
To really understand what's going on with the American American economy.
Don't look at the headlines.
Don't look at the unemployment rate.
Don't look at the trade balance, don't look at the deficit.
Don't even look at what's happening today at all.
Look at what happened 46 years ago.
What happened then?
Fewer Americans were being born.
Following the baby boom, which peaked in 1961, came the baby bust, a long slow decline in the birth rate.
Those babies grew up, began spending in accordance with highly predictable patterns.
And this is kind of fascinating.
According to the book, The Demographic Cliff, which, by the way, I looked, I downloaded it after reading uh reading Kyle Smith's piece.
Now bought the book, the e-book, and it's uh it's amazing.
It presents some uh complicated data very simply.
People tend, for instance, to buy houses at about the same age.
31 or so.
31 years old is when vast majority of people buy their first house.
Around age 53 is when people tend to buy their luxury cars.
After the kids have finished college and before old age sets in.
Demographics can even tell us when your household spending on potato chips is likely to peak, and that is when the head of the household is 42.
What are you smirking in there over this?
This is demographic research.
Ultimately, the size of the U.S. economy is simply the total of what we're all spending, i.e.
commerce.
Overall household spending hits a high when we are 46.
So the peak of the baby boom, 1961, plus 46, suggests that a high point in the U.S. economy should be about 2007, with a long slow decline for years to come.
According to Harry S. Dent Jr. in his book.
It's all bodies.
It's all productivity.
It's all how it's all based on population.
GDP is related to population, population growth.
And following the baby boom generation, we were not producing at birth rate replacement levels, much less growth.
Now this Harvey or not Harvey uh uh Harry Dent is a business consultant, stock market prognosticator and author who says that now's the time to sell stocks.
Uh talks about Japan and basically says we're heading into a deflationary spiral, and that immigration, more bodies, is not going to save us.
This is even adjusted for immigration.
The overall U.S. population is aging.
And the problem with aging people is they spend less.
They've got the most money, but they spend the least.
Their houses are paid for.
For the most part, the cars are paid for.
The educations are paid for.
By the time they've reached 55 or 60, they're not.
All the spending they engaged in when they were young and going into debt to build and acquire those things, that spending is over.
And that's when economics slowed.
This is this guy's theory.
And he claims just an interesting thing to point out that aging America is heading for disaster.
It's going to be a long time, and that immigration just an influx of new bodies is not enough to compensate for the low birth rate that the country had.
And I think all of this obviously is arguable, and I don't accept the premise that demographics alone determine the state of the economy.
There are plenty of policies that could be implemented today that would jump start this economy like a Saturn V rocket if we would just do it.
Because even with all this, there are still 92 million Americans not working.
I don't care how old they are.
That's not good.
We don't have any kind of economic policy or series of policies that's designed to put people back to work.
And that's also by design, sadly.
Anyway, must take an obscene profit break here, folks, but sit tight.
We got much more straight ahead right after this.
Don't Bill in Dayton, Ohio.
Great to have you, sir.
Hi.
From one constitutional picture to another, it's indeed my pleasure to talk to you.
Well, thank you very much.
I'm glad you're out there, sir.
This country is turned upside down, sir.
Uh not only is it not work for anybody, uh I'm very tired, I guess, a toolmaker.
I cannot even volunteer my work.
I have been through at least three dozen tool shops in Dayton.
And they cannot take me to work for nothing.
And I have no reason to get out of bed in the morning.
What do you mean you can't even volunteer them?
Well, I've walked into the shops and told them that I work for nothing.
Because I'm going crazy.
Just with no reason to get up.
I mean, I've I've tried my trade for 45 years.
Now what are they are they suspicious that you're coming in offering to do it for nothing?
Excuse me, I didn't hear you.
I mean, I can't understand why you come in and you offer to do work for nothing and they don't accept your offer.
Yeah, well, they give me a morality of reasons, uh, workman's call if I would get hurt.
You know, they'd be liable.
Uh they'd be uh they don't want to give some lay somebody off.
Let me work for nothing.
Uh many reasons.
It's uh and it's it's really depressing.
You know, I I'm very good at my trade, but uh I can't work for nothing.
Uh I don't understand.
Uh there used to be 700 tool shops in Dayton.
Well, no, you're just looking at this the wrong way.
You you you need you have been liberated.
You don't have to do this anymore.
Just go sign up for Obamacare.
I really feel sorry for our last caller.
Bill.
It's just appalling, isn't it?
How our uh capitalist masters have brainwashed people like that guy into thinking he needs to work.
You know, Bill and and throwbacks like him need to take a few courses with the professor of of leisure uh studies at the politico found, the University of Iowa.
And Bill needs to get out from under the thumbs of those evil Republicans.
Bill's got to realize, okay, so he's been a he's been doing his job for 45 years and now he can't give it away because people are worried about lawsuits, liability, workman's comp.
He just wants to work, even if he doesn't get paid, and he can't.
And that means he's just a prisoner to this old Republican thing called a work ethic.
He's been in prison all these years.
He ought to take the advice of Nancy Pelosi and realize that he has just escaped job luck.
And he's free to know out there and go out there now and pursue what he's really wanted to do all of his life and maybe not even known it.
Become a poet.
Uh become a painter.
That's that's what she's.
What's wrong with the work he was doing that he liked?
Well, what's wrong with that work is that work, that work was the kind of work that Republicans make you do.
Welding and all that dangerous stuff.
No, no.
He needs to find his inner poet, his inner painter, and realize he's been liberated now from choices that that.
What city did what?
I don't know of any cities that poets built, but that's the point.
The cities are built.
So he'd have to build any more cities.
And so anyway, that's that's that's the philosophy that's circulating out there now that Bill's got to realize he's been liberators.
He can have healthcare now without working if he just knows how to go out and sign up and get a subsidy for all that.
By the way, uh I I hate to pile on here, but here's the AP.
U.S. economy may be stuck in slow lane for a long, long time.
It's a long and depressing read about the economy from the AP.
And there's no happy talk in this.
I find this fascinating.
Normally, when you get an economic story from the AP, it's how the job market showing signs of recovery, even though we're losing jobs every week.
It's still a healthy market.
Uh we've got signs of recovery in this one, none of it.
I mean, it is it's like the media masters have taken their cue now from the regime.
And okay, let's end the happy talk on perhaps an economic recovery and job creation ain't happening.
That's that's not going to be our meme now.
Our campaign meme, our theme is it's utter disaster, and here's how you benefit.
In the four and a half years since the Great Recession ended, millions of Americans who have gone without jobs or raises, have found themselves wondering something about the economic recovery.
Is this as good as it gets?
And it increasingly looks that way, says the AP.
Two straight weak job reports have raised doubts about economists' predictions of breakout growth this year.
The global economy is showing signs of slowing again.
Manufacturing is slumped, fewer people are signing contracts to buy houses, global stock markets have sunk as anxiety has gripped developing nations, and some long-term trends are equally dispiriting.
And then they cite the congratulation congressional budget office foreseeing growth picking up maybe in 2016, but only to weaken again the next year.
2017, which would coincide with the election of the next Republican president, don't you see?
And by the CBO's reasoning, the economy will soon slam into a demographic wall.
The vast baby boom generation is going to retire.
No, it won't, because it can't afford to.
Their exodus will shrink the share of Americans who are working, which will hamper the economy's ability to accelerate.
And at the same time, the government may have to borrow more, raise taxes, or cut spending to support Social Security.
I've never seen this.
In the Obama years, we the first dire, no hope.
Economic story since Obama took office.
And it dovetails, it coincides with exactly the position the regime took on the CBO report last week.
But folks, it's dire.
And they get into the demographics of the country.
We have no hope.
The country is too old.
There aren't enough young people that were born to replace the baby boomers who are going to retire, who aren't going to retire, by the way, for as long as they can.
This is amazing.
It's just the first hopeful sign I have seen, because these people are never right.
When they start trying to create a picture of doom and gloom, remember why they're doing it.
They're doing this to aid and abet the Democrat Party.
And what this is telling us is that Obama and the Democrats have finally conceded there isn't any hope now of an economic revival such that it would help them.
And since there isn't an economic revival that would help the electoral fortunes of the Democrats, there's nothing that could help America.
Because remember, all of this economic news is really about how it helps or hurts Obama.
Not how it helps or hurts the country.
So this I find actually this is a breakout.
I've never seen a story this pessimistic from beginning to end in this entire administration.
Here's uh here's Michael in Raleigh, North Carolina.
Hi, Michael, great to have you on the EIB network.
Hello.
Hi, Mr. Renlinball.
How are you?
I'm pretty good, sir.
Glad you waited.
That was the segue into my exact question.
How two weeks ago the Democrats and the President are counting income inequality, and now, two weeks later, they're saying you don't need an income.
Yeah, well, what happened in those two weeks?
Well, the CBO reports.
That's it, obviously.
That's it.
A bomb was dropped on them.
They got nuked, man.
They literally got nuked.
Why isn't someone pointing this out?
I mean, literally, why isn't Boehner saying, look, income equality, income equality, and now you don't need income?
Can you not see these people for who they are?
You and me singing the same song.
I know, sir.
I know.
Uh the only thing I I wish I would have printed this.
It was I got an email over the weekend.
It was from a friend who Inside Baseball memo on what both McCain and Romney were advised by the consultants in both 08 and 12, and I'm sure it's the whole party, not just the presidential campaigns.
And the and the sum total of it was whatever you do, do not criticize Obama policies or what he says, do not go there.
The American people don't want to hear it.
They like him.
He's the first black president.
There's nothing to be gained.
Don't do it, and so they're not.
So whoever is running Republican theory or strategy right now is the answer to your question.
Why isn't Boehner doing X?
Because somebody, somewhere in the upper levels of the Republican strategy machine, such that there is one, has been counseling against it ever since Obama hit the national scene.
Oh, this is so sad.
It is because he's the president.
Forget what color he is, forget what sex he is.
He's the president.
His policies carry the day.
If we've gotten to a point where we Can't criticize the man's policies because of his race, we're stuck.
Uh very much so.
Oh.
But I mean you you are you are exactly right.
I mean, that's the the CBO nuked them and has made them look like abject fools.
And someone's gotta point that out.
I know it's hard, but point it out on the Sunday show.
They look, they said this two weeks ago.
In fact, we're the Republican Party.
We're gonna go with income equality because they gave it up.
I don't know what else to do, Rush.
Yeah.
I I don't give up.
I mean, you're I arguably you'll be able to spread the word more yourself by calling here and whatever circle of friends you have and you move around in them.
But the Republicans aren't gonna do it.
It's just a reality you're gonna have to come to grips with.
They're not gonna do it.
It and and if the Democrats nominate Hillary and she get the first or an Hispanic, it's gonna be the same thing.
Oh, sure.
Yeah.
Yeah, sir.
But I'm just so tired of this race card and I'm just tired of people being stupid, Rush.
That's all I can tell you.
Oh God, you and me both.
I tell you, I've I've had my I've had my fill.
Because you know what?
We're putting our own IQs at risk, subjecting them to all of this idiocy.
Exactly.
I mean, normally you want to hang around people as smart or smarter than you.
That's why you listen here.
Yeah.
Uh so that you can grow and and all that.
But when you have to all day talk about idiots.
Huh.
Like I've I got I got more sound bites than CBS.
I told you.
I guess I ought to play those before the program ends.
But here one more quickly, grab number nine, Dr. Krauthammer.
Dr. Krauthammer still marveling at the limbaugh theorem.
This is Friday night's special report, and what uh basically they're talking about the Limbaugh theorem without naming it.
What you have is a a president who campaigns on income inequality and has absolutely no answer to what to do about it other than to raise the minimum wage, which is not gonna have any effect on closing the gap.
And then his own administration over half a decade has absolutely increased the disparity of wealth between the rich and the poor.
And here he is campaigning against the results of his own presidency.
Yep, that's Limbaugh theorem.
He's campaigning against himself, but but as far as the voters are concerned, he's campaigning against Republicans.
He's campaigning against his own policies, making it look like he opposes them too, trying to make it look like they're not his policies, is the objective.
Gotta go.
Back after this.
Don't go.
It happened again on CBS this morning.
I had a guest, Elizabeth Colbert.
And she's got a book out about uh the sixth extinction, meaning us.
And uh she's interviewed by well, the whole crew.
Our first bite is with Nora O'Donnell.
When we hear extinction, we think the dinosaurs, catastrophic.
Are you predicting something catastrophic?
The dinosaurs is a pretty firm scientific consensus that the dinosaurs were killed off by an asteroid impact.
And now you often hear scientists, and I have heard scientists say we are the asteroid.
Humans are the asteroid.
We're changing the planet so rapidly that we're having that sort of could have that sort of effect.
Uh Charlie Rosenext, it just keeps getting better here, folks.
What are you really saying here?
That we are gonna become extinct, perhaps because of what we're doing to the planet.
And what is it about the way the planet is gonna extinct us?
Well, the lesson that we learned from the asteroid impact is that very rapid change and the planet uh a lot of animals just can't keep up, a lot of organisms can't keep up with that.
And what we are doing right now, the reason it is comparable or potentially comparable to an asteroid impact is we're changing the planet very, very fast.
How do we do that?
We're putting a lot of carbon dioxide into the atmosphere.
We're putting a lot of carbon dioxide in the city.
To absolutely no effect, to absolutely no effect whatsoever.
It's natural.
I'm gonna rain myself in here.
So in her brilliance, Nora O'Donnell asks if we can reverse the extinction.
Well, if you're already gone, if you're one of the unfortunate species that's already gone, clearly it's not reversible.
The question is, what are we going to Do now that we sort of have this understanding of what we're doing, can we mitigate the effects of what we're doing?
And there the answer is clearly yes.
There are many things we could do.
For example, we could stop putting so much CO2 into the atmosphere.
All right, so why even go on living?
I mean, it's hopeless.
It was over.
You don't need to work.
Uh you've been liberated from that.
And even at that, we're destroyed.
We are the asteroid.
We're extincting ourselves.
They're gonna wipe.
You know, I can't.
Back in the 1980s, they told us 20 years or we're finished.
And those 20 years went by and they said, another 20.
Another now in a third cycle of 20 years.
It's just so absurd.
It is just you talk about subjecting yourself to idiocy each and every day.
That's why you have to be able to laugh at it.
We are the dinosaurs.
Or we are the asteroid.
We are extincting ourselves.
And we have been, in fact, my the year 2000, we should have all been dead, according to the original predictions.
I guess they were wrong.
By a millennia or two.
See you tomorrow, folks.
Export Selection