RUSH: Okay, folks. This is really funny. CNN is on the case yesterday afternoon of the plummeting stock market. For all of you millions of Americans losing everything, CNN asks, "Will this hurt Obama?" Rick Sanchez was speaking to Wolf Blitzer.SANCHEZ: This is breaking news. The markets down, down. Wolf Blitzer joining us as well. Wolf, how big a risk might this be for the president of the United States seeing these markets decline day after day?BLITZER: It's really disappointing, I'm sure,...

RUSH: Bruce in Ventura, California, hi, welcome to the EIB Network, sir. Hello.CALLER: Hi, Rush. I go back to the days at Sacramento, so it's a pleasure to talk to you.RUSH: Thank you very much, sir.CALLER: I haven't heard a whole lot of people talking about since the Great Society, which spent trillions of dollars trying to level the playing field, the rich have gotten richer, the poor have gotten more numerous and poorer, and we're trying to do the same thing all over again! Rich people get...

RUSH: This is mildly funny. Mrs. Clinton, the gaffe presenting a gift to the Russians today. She's over there in Brussels, and she gave the Russian foreign minister a red button that was supposed to read "reset" in Russian. They wanted to "reset" our relations, so they gave them a red button. When I first saw this, I said, "My gosh! The red button is what you launch the nukes with. They were scared of Reagan. Here's Hillary giving the Russians a red button to launch nukes!" No. It's a red...

RUSH: Snerdley, if you will indulge me, is in a mild state of depression over the fact that the Dallas Cowboys have cut Terrell Owens, number 81, wide receiver, 35 years old, said to be a first ballot Hall of Famer when his time comes five years after he retires. During the break at the top of the hour, Snerdley was saying, "Who in the hell is going to pick the guy up? He's getting older, is probably going to have to take a pay cut." He said, "You think Singletary, the new coach of the 49ers...

RUSH: To Great Falls, Virginia. This is Sharon, and it's nice to have you here, Sharon. Hello.CALLER: Just-outside-the-Beltway dittos, Rush.RUSH: Thank you very much.CALLER: I think everyone should be hoping Obama fails because it looks to me like he is intent on bringing on the second Great Depression.RUSH: Why do you say that! Why in the world do you think that the president of the United States wants the second Great Depression?CALLER: Well, last time we had a Great Depression, it resulted...

RUSH: Barney Frank invoked my name on the floor of the House. It was last night on the House floor, and Barney Frank talking about foreclosures and me.FRANK: There is, for instance, a noted commentator on public affairs, Mr. Limbaugh, who has a certain number of fans on that side, and if they aren't fans, they're afraid to say so. He has asked that the president fail. Well, the effect of this amendment would give Mr. Limbaugh his wish, because if you cripple the effort to reduce mortgage foreclosure,...

RUSH: Monica in Charlotte, North Carolina, where the Wachovia Open used to be.CALLER: Hi, Rush. I grew up in Sweden. I spent the first 22 years in Sweden. I've been living here for 30 years. Sweden is about to do the same thing, trying to tax the upper income, and as a result of that, they left. I lived there when Bjorn Borg and the pop group ABBA was there, they all left. So who will get stuck with paying the bill? It's the middle-class people of Sweden. So we get stuck paying the bill...

RUSH: President Obama, ladies and gentlemen, his approval ratings are going to skyrocket. President Obama announced today that he is "saving jobs." Yes! He's saving jobs! (clapping) Is yours one of them? No. But he's saving jobs. He went out to Ohio today, a very important battleground state in his permanent campaign mode called "President of the United States," and here's a portion of his remarks to the Columbus police graduation ceremony.OBAMA: There were those who argued that our recovery...

RUSH: Squawk on the Street this morning, CNBC, cohost, the Street Sweetie, Erin Burnett interviewing Laurence Geller, the president, CEO of Strategic Hotels and Resorts, and the Street Sweetie said, "You own some of those hotels where you get those conferences, or you used to, in lovely, warm locations, whether it's Arizona, Mexico, Southern California. Has that business dried up?"GELLER: The hyperbole and rhetoric was notched up to gigantic levels during this recent political debate season....

RUSH: Did you vote for this? There are people starting to have doubts. One of them is no less than Whoopi Goldberg, who went into a rant this morning on The View, talking to her co-host, Elisabeth Hasselbeck.GOLDBERG: You remember that movie Network? If you are just fed up, at some point, just lean out your window (laughter) and scream, "I'm mad as hell," 'cause that's what's happening to me. I'm losing my mind, because I don't understand why -- like they -- one of the things that I saw recently,...

RUSH: We will start in Greensburg, Pennsylvania, with Bethany. I'm glad you called. Hi.CALLER: Hi, Rush. It's a pleasure to talk to you.RUSH: Thank you.CALLER: I'm calling. I need you to enlighten me a little bit here. My husband and I are in the process of buying a home, and it's becoming more and more obvious as we go through this process, that despite what's happened in this country with the housing crisis and the credit, that our government is still in the habit of rewarding inefficiency...

RUSH: There's also a great piece from yesterday in the Wall Street Journal by Daniel Henninger. "Has Obama Buried Reagan? -- The Democratic idea bank of Robert & Robert says it's safe to unload on Ronald Reagan. Robert Reich: 'It is the boldest budget we have seen since the Reagan administration, and [Obama's budget] drives a nail in the coffin of Reaganomics. We can basically say goodbye to the philosophy espoused by Ronald Reagan and Margaret Thatcher,'" this from a diminutive policy wonk who...

RUSH: Let's go back to Election Day, 11/4/08. That was the day of hope. The Dow Jones Industrial Average closed at 9625. At this moment, the Dow Jones Industrial Average is hovering around 6580. It is down over 3,000 points. That means that just since November the 4th, the Dow Jones Industrial Average has lost a third of its value, $3 trillion of wealth has been wiped out. Is this what you voted for? A record 31.8 million Americans receive food stamps at the latest count. That is an increase...

Rush's Morning Update: Whiff!March 9, 2009Watch It! Download Morning Update Video in QuickTimeListen to It! Windows Media Player|RealPlayer Let's face it, folks.In a spending bill that has about 9,000 earmarks,a single $2 million request isn't going to raise many eyebrows. Why should it? To Democrats, spending trillions of dollars is becoming a monthly ritualin this era of "responsible governance."Senator Tom Harkin-- Democrat, Iowa-- is surprised over the stink thathis $2 million earmark...

You're Missing Out on Thousands of Rush Quotes! Join Rush 24/7 NOW!"I want to thank all of you who have sent such wonderful notes of congratulation and encouragement after my CPAC speech last Saturday.""It breaks my heart to see all the lives destroyed by Democrat Party policies -- all the potential that so many Americans have that they'll never know of because they were told they can't get anywhere without government help.""Oh, I know it hurts. Football makes you puke. The average citizen --...

Story #1:WH Calls Obama-Limbaugh Debate "Unlikely"RUSH: By the way, the White House has made it official. I'm stunned and saddened by this. The White House has rejected my invitation to President Obama for him to debate me here at the EIB Network. From ABC News: "If you were already preparing to set your DVR to record the big Obama vs. Limbaugh debate, you may want to put down the remote. To nobody's surprise, we got our first official word from the White House [yesterday] morning that it is...