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Romney Says Rush is Right: Obama is Running Against Capitalism

BEGIN TRANSCRIPT

RUSH: Now to the audio sound bites. Fox News, Gretchen Carlson. I'm not sure about this. They had Romney on. Yesterday on this program, I said that as far as I'm concerned, Obama's the first president running for reelection against capitalism. So they had Romney on today, and they asked him about that. Now, if I were in cable news, I ask this question hoping that Romney disagrees with Rush Limbaugh. If Romney disagrees with Rush Limbaugh, then I've got a story! I've got a story. I've got the Republican presidential nominee, presumptive nominee, disagreeing with Limbaugh.

And I've got news.

I'm gonna have this clip played all day long on all the other cable channels. Now, that could be wrong. They're our friends at Fox & Friends, don't misunderstand, but business is business. Gretchen Carlson said, "Would you go as far as Rush Limbaugh did yesterday..." That's why I thought: Okay, she kinda wouldn't be disappointed here if Romney "wouldn't go as far" as I did, right? "Would you go as far as Rush Limbaugh did yesterday, saying that this is the first president modern times who is going to run a campaign against capitalism?"

ROMNEY: Well, it certainly sounds like that's what he's doing. There's no question but that he's attacking capitalism, in part I think because he doesn't understand how the free economy works. He's never had a job in the free economy. Neither has Vice President Biden. They spent their lives as either community organizers or as members of the political class. And the American people understand that the free economy and free enterprise is tough; it's hard work. And when they hear that a business like Bain Capital was successful 80% of the time and 5% of its investments only went bankrupt, they say, "You know, that's a pretty good record," and if all the president wants to do is talk about the failures, why, he's misrepresenting the nature of free enterprise.

RUSH: So Romney takes that and runs with it! It was nice. It was a great answer, and he accepts the premise that Obama is running against capitalism. It was a nice setup, and he took it. What we've done here is we put together a montage of Obama's history of attacking capitalism, from September of 2008 all the way through the present day.

OBAMA (montage):  I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.  You can't get corporate jets.  You can't go take a trip to Las Vegas.  I do think at a certain point you've made enough money.  If somebody wants to build a coal-powered plant, they can.  It will bankrupt them.  The insurance industry is making this last-ditch effort to stop reform even as costs continue to rise and our health care dollars continue to be poured into their profits.  Cost-cutting has become embedded in their operations and in their culture.  That may result in good profits, but it's not translating into hiring.  Speculators can reap millions while millions of American families get the short end of the stick.  If that same diabetic ends up getting their foot amputated, that's 30,000, 40, $50,000 immediately the surgeon is reimbursed.  The market will take care of everything.  Here's the problem.  It doesn't work.  It has never worked.  White folks' greed runs a world in need.  In this country, broad-based prosperity has never trickled down from the success of a wealthy few.

RUSH:  Those are just some examples that we found off the top of our heads. Just the last two weeks alone Obama's been on a tear about capitalism.  But he started with his speech in Osawatomie, Kansas, this year. Capitalism doesn't work. America doesn't work; it has never worked.  (interruption) Why play it again?  There's so much in there?  Okay, we'll play it again.  Snerdley wants to hear it again.  Here it is again.  It's about 58 seconds.  It's about a minute.  And this is a series of statements from Obama which individually and cumulatively all add up to a guy who is unquestioningly anti-capitalist, and now he's running for reelection on that basis, running against capitalism.  Now, the stuff at the end of is the most pointed and direct, but every one of these little excerpts has an anti-capitalist hatred, dislike, resentment, foundation, whatever you want to call it. 

OBAMA (montage):  I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.  You can't get corporate jets.  You can't go take a trip to Las Vegas.  I do think at a certain point you've made enough money.  If somebody wants to build a coal-powered plant, they can.  It will bankrupt them.  The insurance industry is making this last-ditch effort to stop reform even as costs continue to rise and our health care dollars continue to be poured into their profits.  Cost-cutting has become embedded in their operations and in their culture.  That may result in good profits, but it's not translating into hiring.  Speculators can reap millions while millions of American families get the short end of the stick.  If that same diabetic ends up getting their foot amputated, that's 30,000, 40, $50,000 immediately the surgeon is reimbursed.  The market will take care of everything.  Here's the problem.  It doesn't work.  It has never worked.  White folks' greed runs a world in need.  In this country, broad-based prosperity has never trickled down from the success of a wealthy few.

RUSH: The market will take care of everything.  Here's the problem, it doesn't work, it has never worked.  What more do you need?  What more do you need than that?  Now, the white folks' greed runs a world in need, that was not stated as president.  That's from his book, the audio version of one of his books.  That's 2006.  But I thought it important to point out.  Now, let's move on to Diane Sawyer of "recycling" fame.  World News Tonight, this is how she opened the broadcast.

SAWYER:  On World News Tonight, the Facebook fury.  Lawsuits and investigations unleashed against Mark Zuckerberg and his company.  Does the Facebook sale prove ordinary people can't get a fair break on Wall Street?

RUSH:  If you have any doubt about the synergy between State-Controlled Media and the regime, you shouldn't.  You know Zuckerberg, this poor guy, he's gotta be sitting out there wondering, "What the hell?  Obama wants to have dinner with me, I have dinner with him.  Steve Jobs was there. Obama did a town hall on Facebook.  Obama's made it out like Facebook's one of the greatest things in the world.  Now he's coming after me.  His news minions are coming after me."  They're going after Morgan Stanley.  The SEC, Senate banking committee, everybody lining up now.  They're going after everybody. 

This Facebook IPO, I'm gonna tell you something.  This thing was weird from the start.  Thirty minutes and they can't tell anybody whether their trades were executed because of a so-called glitch?  If I didn't know better, if you are running for reelection against Wall Street, how unfair it is and only the insiders score well, what better thing can happen to you than for this Facebook thing to happen?  So that Diane Sawyer gets to start World News Tonight with the story, "Does the Facebook sale prove ordinary people can't get a fair break on Wall Street?"  Thirty minutes.  NASDAQ could not tell anybody what was happening.  You didn't know if your order to buy or sell had been executed.  You didn't know at what price. 

After the fact, NASDAQ says, "You know, if we'd-a known all this, we'd-a canceled the whole thing, we'd-a stopped it."  Zuckerberg and the boys, in all of their pre-IPO filings were very honest.  They didn't hide anything from anybody.  They admitted that their mobile platform advertising sales were not working.  They admitted that there might be a little bit of overvaluation going on, and then after that the underwriters either didn't tell everybody or only told a select few.  But the Facebook people, as far as I know -- and I have no brief for 'em.  You know, our Rush Babes page does well and our page does well.  But did this thing not just fall into Obama's lap?  And the dirty little secret is Obama's scoring more money out of Wall Street than Romney is.  Private equity money, Obama's the king of private equity money in terms of campaign contributions. 

Here's Obama.  This is last night in Denver.  He's at a campaign event.  The news stories about this, by the way, are not good.  He was overwrought.  Tired.  It had been a long day.  By the time Obama took the stage in Denver it was 1:15 a.m. Eastern time.  In fact, he went someplace to do a campaign appearance, and they preceded his appearance with a 17-minute video, and the video ended and that was the cue for Obama to hit the stage to roaring applause.  Problem is, 150 people short of capacity showed up.  They scheduled this appearance someplace with a capacity of 700 people, 550 is all that were there. They didn't even fill up a 700-seat venue, and then the video ended and Obama didn't show. 

So the crowd had to get into it and start trying to keep each other upbeat, positive, and so forth. He finally shows up, and then they said his speech was very flat, it was essentially the same speech he had given earlier in the day somewhere.  And his excuse? He was so tired, got up so early, Air Force Academy graduation, commencement, three fundraisers.  How many times have I gotten back from something at three o'clock in the morning and I've shown up here, and I've not used fatigue as an excuse.  Only as a warning.  But not as an excuse.  Anyway, here's Obama, last night in Denver, campaign event, saying that the election's gonna be close because of foolishness.

OBAMA:  I don't know how they've been bamboozling folks into thinking that they are the responsible, fiscally disciplined party.  They run up these wild debts.  And then when we take over we gotta clean it up.  This election will be closer than the last one.  People don't remember, the last election was close.  We're gonna have to contend with even more negative ads, even more cynicism and nastiness and just plain foolishness.

RUSH:  Yeah, it's really tough.  We feel sorry for you. Really tough.

END TRANSCRIPT

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