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Some Rush red-meat from today:
| quote: | RUSH: I know it's sort of like spitting into the wind here, but I want to make another point on this failure business. Remember back in 2002 when we had a plummeting Dow Jones Industrial Average and Dick Gephardt was happy? Dick Gephardt, then the Democrat leader in the House, gleefully said, "Every hundred-point drop in the stock market, we pick up another seat." You'd think Dick Gephardt was hoping for economic failure? Yes, Dick Gephardt was hoping for economic failure, and he was publicly gleeful when the economy was tanking.
Back to the phones, to Chicago, this is Art. Great to have you on the program, sir, hello.
CALLER: Rush, how you doing?
RUSH: Good.
Back to the phones, to Chicago, this is Art. Great to have you on the program, sir, hello.
CALLER: Rush, how you doing?
RUSH: Good.
CALLER: ...I'll get to my question. Mr. Obama, I want him to succeed, he's the guy that probably says nothing more eloquently than even Paul Harvey, I want him to succeed so that even his followers would realize that on-the-job training is really not any way to run a presidency. Would I be wrong in wishing that?
RUSH: What exactly are you wishing?
CALLER: I'm wishing that he would succeed in so much that even his followers that voted for him would realize that on-the-job training is not a way to run a presidency.
RUSH: It sounds to me you're hoping for economic failure so that people realize just how inexperienced and poor a President Obama is.
CALLER: That's pretty much it, yeah.
RUSH: See, I don't want that. I don't want it to happen that way. I'm afraid that it will but I don't want economic failure. I don't want the kind of pain and suffering that we have now to get any worse. It's the exact opposite. I don't want this economy to get worse just so people learn the truth about Obama. It may take that, I hope not, because if it takes that, we may not have enough power left to gain control of our economy the way it was. But I don't want the economy to fail. I don't want people losing their jobs and being kicked out of their houses. I don't want people going on welfare and unemployment just for people to realize what a mistake they made with Obama. I want Obama to fail in being successful with his economic plan. Now, if Barack Obama all of a sudden came out and said, "You know what? I think we need to do something here in the midst of this recession. I'm going to resend my capital gains tax increase and I'm going to suspend capital gains. And, you know what, I think we can really improve the economic circumstance if I would cut the corporate tax rate in half, and maybe just suspend capital gains for three months. Maybe have a tax holiday on FICA, Social Security withholding."
Well, I tell you, I would become Barack Obama's biggest cheerleader in this country. If he actually proposed ideas to jump-start this economy, so there isn't any more economic pain and we can bottom out at some point and start building this back. But, folks, his plan doesn't do that.
Government spending does not elevate the private sector. It does not stimulate the private sector. It does not in any way, shape, manner, or form expand the private sector. But hear me, and hear me loud. Look at me. I don't want the economy to fail. That's why I'm sticking my neck out here. I actually care about the people who are seeing their financial lives damaged and, in some cases, ruined. I'm the one, among many on my side, who are truly worried about this. Some of you are hoping that the words from Obama's mouth will magically bring you back. It ain't going to happen. I do not want economic collapse. This is it for me. This is enough. It's got to stop. The problem is this administration has no interest in it stopping right now.
Investor's Business Daily today with a really nice op-ed editorial: "Capital on Strike." Money is on strike. People with money are on strike, and the Obama administration sits back and does nothing but attack a guy on the radio? Claiming this is what I want? I have no control. I am not in charge of one Republican policy. I have not authored or advocated one policy that is in play today used by either party. I'm no different than you, I'm an average citizen, I have a microphone, I'm sitting around here watching all this, I'm watching my wealth dissipate just like every one of you are. It is fatuous, it is ignorant, and it is irresponsible for journalists to claim I want this to happen. My question would be to the journalists who are acting as total butt boys for this administration, you all have your own degree of wealth. You all have your own 401(k)s and your investment portfolios. Are you people happy to see them vanish before your very eyes? Is the idea of the remaking of America into a so-called socialist paradise so important to you that you will sit around and happily, without any concern, watch your wealth dissipate and everybody else's?
This is Obama's economy. They're trying to slough this off on Bush. They're trying to say all these deficits are Bush. They're not going to get away with that. They're not going to get away with that here. Nobody has spent like Obama, nobody has piled up debt like Obama. And it's not over. This notion that I am for economic failure, or that anybody is for economic failure, is crazy. There's one person who might be. Barack Obama. The one guy that could do something about this at least attitudinally is standing mute. Who benefits from this plunging economy? Ask yourself. Who gets more power? Who gets more curiosity? Who gets more panic? Who gets more anxiety? Obama does. And what does the panic and anxiety mean? How does it manifest itself? It manifests itself thus: "President Obama, please do something, please do something, Mr. Obama, please do something." He goes out and makes a speech for national health care, "Ah, I feel better, Obama is on the case."
Meanwhile, the next day, zippo, another 200 points down. Ask yourself who benefits. It isn't me. I'm not benefiting from what's happening here. Mr. Snerdley is not, Dawn's not. Brian, you're not. Who's benefiting right now from what's going on? None of us are. The banks aren't benefiting, the automobile companies are not benefiting. Well, yeah, you could say people being allowed to stay in their homes and not having to pay for it, they may be benefiting, but how is that America? Ask yourself who's benefiting. Who said a crisis is a terrible thing to waste? That would be Rahm Emanuel.
Now, any other president standing by while the market plunges to this degree would have said something by now to try to halt it, to try to inspire confidence in the American people, to go out and engage in commerce, to once again invest in the businesses, large and small that make the country work. Not President Obama. He stands mute. He says nothing. In fact, he does worse. He sends the Fed chairman out this morning to say we need tax increases. Well, Obama already said that, Mr. Chairman. So this is piling on, is it not? He said we need tax increases, we need socialized medicine. The president's already proposed that last Tuesday night in his speech in the House chamber. And the market duly starts going south again. |
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