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Wheels Come Off for Obama as the Democrat Party Implodes

BEGIN TRANSCRIPT

RUSH: It was breathtaking again. I mean literally breathtaking, another Obama speech on health care, Glenside, Pennsylvania. No, it was not the same. There were even more lies in this one. I don't know how he did it, but he got even more lies into this speech than in any speech I've ever heard. And the crowd there had to be entirely union people because they were applauding virtually everything Obama said that will destroy the country as we know it. I mean you would think that the insurance companies are causing the earthquakes. That's how badly they came in for it today. Well, folks great to have you here. Hope your weekend was great. What a dull and boring Oscar ceremony last night. There wasn't any controversy, no anti-Bush jokes, no anti-Republican comments, no anti-me comments. It was dull and it was boring and it went 30 minutes long. Did you watch it, Snerdley? I'm sure you're surprised that I watched it. Well, I don't know why I tuned in. I happened to be channel surfing and I ran into it.

Anyway, folks, telephone number if you want to be on the program today, 800-282-2882. The e-mail address, ElRushbo@eibnet.com.

Well, just 25% of voters now say the country is headed in the right direction. I don't ever remember it being 25% at any time in my illustrious life. That's the lowest level of confidence since Obama took office in January of last year. "Views of the country's short- and long-term economic future are also gloomier these days than they have been at any time since January 2009." I want to know since when have they been at 25%? And I got this e-mail. "Dear Rush: How will we know when the wheels come off the Obama bus that has now run over countless Democrats? I'm not saying the wheels are falling off. I'm just curious what it might look like if and when that should take place. Best wishes, a devoted listener in flyover country." Well, I will tell you when the wheels have come off. They appear to have come off, but it's not stopping this guy. I mean there's internecine fighting going on in the White House. Every day there's a Rahm Emanuel story. This guy, Eric Massa, Democrat, New York, wait 'til you hear his story and what has happened to him and why he's been thrown overboard by Rahm Emanuel and Obama and the Democrats. And listen to these headlines.

From the UK Telegraph: "The End of the Road for Barack Obama." From a Frank Rich column, New York Times: "The Up-or-Down Vote on Obama's Presidency," and basically he says that if Obama doesn't get health care, he is toast, and it's not the Republicans' fault. That's Frank Rich of the New York Times. Here is George Packer at The New Yorker: "Obama's Lost Year -- the president's failure to connect with ordinary Americans." This guy zeros in on the failure of the stimulus plan, the Porkulus plan, and he declares the program a failure. That F-word popularized by me when nobody else had the courage, the gonads, and the guts to say it, is now popping up everywhere across the political spectrum, as it relates to Obama. And the numbers over the weekend, Obama policies projected to add $9.7 trillion to our total debt by 2020. They have underestimated in the White House, CBO numbers here, Obama is about one-and-a-half to $2 trillion short in his own budget deficit estimates and yet he's still out there pushing all these things. The lies are just unbelievable, and more and more and more of them. We'll deal with all of that as the program unfolds.

Try this from the New York Times: "Program Will Pay Homeowners to Sell at a Loss." Taxpayers will pay off homeowners. Lenders will be compelled to accept a short sale. There's no stopping this guy. Zilch, zero, nada, all kinds of stories. Owners walk from their homes, values erode, the stigma of walking away when you can make the payment is disappearing. Strategic defaults on homes are on the rise, shifting attitudes toward debt commitment. It's fine and dandy if people want to walk out on their commitments. The stigma is being eroded.

END TRANSCRIPT

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