The Governmental Accounting Standards Board has issued new accounting rules and, this time, the hardest hit will be state and local governments.

One in Ten Employers Plan to Drop Health Care... More Americans on Disability...

RUSH: Anything can happen between now and November... If the election were held today it'd be a landslide, a huge landslide.

ROMNEY: His whole philosophy is an upside-down philosophy that does not comport with the American experience.

RUSH: The reason that I want to spend just a little time on this before we get to your phone calls is Obama's not the first, he's simply the latest, in a long line of people to cite the Internet as a justification for big government.

CALLER: Let me say that our president is totally clueless on business. He's absolutely ignorant when it comes to roads and bridges.  I have developed thousands of lots in southeastern Michigan.  I have built over 5,000 homes, and I'm not alone.  All across our nation, people have done exactly the same thing.  Thousands of developers and builders.

RUSH: They've put him in a journalist chair, and somehow George Stephanopoulos -- who did everything he could to get Bill Clinton elected, everything he could to besmirch the reputation of George H.W. Bush -- all of a sudden sits down in that chair and immediately forgets every one of his political passions?

RUSH: Our whole culture is about fame. Young people in this country are vomiting up everything about themselves trying to be famous.

RUSH: The American people don't blame the Constitution for what happened.

CALLER: This is a war on small business. And the demonizing of the 1% and their willingness now to invest in the American dream and help others realize it because of the hostile environment of this administration towards the American dream and toward small business.