RUSH: Here is our blowtorch affiliate in Raleigh, North Carolina, yesterday, WPTF radio, the Bill LuMaye Show. He's talking to Tom Jensen, the director of Public Policy Polling communications, and he says, "How important are your polls to a political party, whether Republican or Democrat? Do they look at this and go, 'Holy cow'? They recognize the trouble they're in, don't they?"
JENSEN: Absolutely. We've had campaign managers for Democratic candidates in other states call us up and ask us not to poll their states because they don't want the public to know --
JENSEN: -- how bad their status is. So we know we're in big trouble. (snorting laugh)
RUSH: This is the Democrat director of Public Policy Polling. I had the story earlier and said we were working on the audio. This is the audio.
RUSH: At any rate, here's Olympia Snowe. She was on CNBC yesterday afternoon. Closing Bell is the name of the show. She was on with John Harwood who said to her, "How important is your Republican identity to you as a legislator?"
SNOWE: I've always been a Republican, uhh, for, um, the traditional principles that have been associated with the Republican Party since I, you know, became a Republican, uh, when I registered to vote. And that is, uh, you know, limited government, individual opportunities fiscal responsibility and a strong national defense. Uhh, so I think that those principles have always been a part of the Republican Party heritage, and I believe that I, you know, reflect those views, and I haven't changed as a Republican. I think more that my party has changed.
RUSH: There's just a giant disconnect here. Did you hear how she defined the Republican Party? She gave it a conservative definition, and she's not one: Limited government, individual opportunities, fiscal responsibilities, strong national defense. Yes! Give it to us! That's Reaganism! That's Reaganism, and Olympia Snowe no more believes in that stuff... She is a liberal blue-blood country club Rockefeller Republican doesn't believe in this stuff. The party left her? (snorts) Be still, my beating heart. She has expanded beyond the scope of the party. All right, people have been waiting. Neil in Charlotte, North Carolina, it's great to have you, sir, on the EIB Network. Hello.
CALLER: Hey, thanks for having me on, Rush.
RUSH: Yes, sir.
CALLER: Hey, listen, the White House is in a serious crisis, and the problem is Rahm Emanuel can't figure out how to take advantage of this one.
RUSH: Explain yourself, sir. Which crisis are you referring to here?
CALLER: Well, look at all the crisis. I think the main crisis is the tea party movement, and there's the health care crisis. You know, you've got a bill but he doesn't have a bill. You know, they're running around like chickens with their heads cut off up there and I think what's happening is now they're pulling the race card. I think Rahm Emanuel is just having a hard time getting a handle on this crisis that the White House is in.
RUSH: Well, I'm tempted to agree with you, but, remember, they love the chaos. Now, I'm sure they're not happy that they've got all these roadblocks on health care. But, look, don't forget: While all that's going on they just nationalized the mortgage industry. Ninety percent of all mortgages in the country are now either paid for or approved by the federal government, Fannie Mae, Freddie Mac. In fact, I'm going to tell you a little story. I met with an upcoming advertiser yesterday afternoon after the program, Larry Arnn, Dr. Larry Arnn from Hillsdale College. I can't wait, by the way, to describe Hillsdale College for you and some of the conversation we had yesterday. I was mesmerized for an hour by Dr. Arnn.
But he had some people with him and one of the women was from the Heritage Foundation, and she said that she's buying a house somewhere here in Florida and it's a foreclosure house. So she's getting the property for 30% of its value. She still needs a mortgage. She was supposed to close yesterday, but now the close has been put off indefinitely because Fannie Mae, Freddie Mac, the government's involved in it. It was a private sector loan, a private sector mortgage but now Fannie Mae, Freddie Mac are involved, and it's gumming up the works. So they've nationalized two car companies. They have nationalized a lot of the banking and Wall Street businesses. They have nationalized the student loan industry. That's all going to be nationalized.
We're to the point now almost, if they're not stopped, that any time you want money, a loan, or whatever, you're going to have to go to some government agency or through one to get it. So they're having trouble on health care, but they're going to get something. They can't afford not to produce something that says "health care" on it, whatever it contains. But whatever they get this year, if it's not everything they're going to keep coming back and keep coming back and keep coming back. That's why the 2010 elections are crucial, because right now they can't be stopped. Yeah, I'm sure this is not what they planned on. I'm sure they thought it would be smooth sailing. I'm sure they thought they'd be able to create the cult-like following that propelled Obama during the campaign.
But, look, when you have as your mission -- and I'm dead serious about this -- when you have as your mission to totally destroy the private sector and remake it and rebuild it and make the private sector dependent on government, you have to know you're going to create chaos. You have to know you're going to create angst. You have to know it and you have to want it, because the chaos and the angst is part of the entire objective of taking the private sector, getting as much of it under the control of the federal government and Obama as possible. So while they got chaos, don't think that they didn't expect it and don't think they don't know how to manage it. It's part and parcel of what they're doing. They're angling to get as much chaos and angst as they can. They want as many people on some form of government dependence as they can get -- and to get the degree of that they desire, you've got to do a lot of damage to the private sector where people normally get their jobs. That's why I think it's going to be a long time before there's a real uptick here. It's just the way it is.