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RUSH: You know, I’m listening to a little bit of Obama’s speech during the obscene profit time-out. It’s embarrassing. To anybody that’s been paying attention for 4-1/2 years, it’s embarrassing. I don’t know how else to describe it. But for people that hadn’t been paying attention — for low-information people — Obama sounds like somebody that thinks we need to fix the economy, that people are hurting.

He just said, for example, “endless posturing and phony scandals will not help.”

Now, most people hearing that will think, “Nobody’s gonna buy this.” But now that you know of the Limbaugh Theorem, you are fully aware that practically everybody in this audience watching him is buying every word of this. They don’t see him as responsible for any of this, folks. One of the reasons is the Republicans have not made the case. It does take an opposition party, particularly when you have a media slavishly devoted to the president.

It does require an opposition party.

We don’t have one.

We don’t have a party that engages in regular, ideological, or even political pushback. The Republican Party is doing everything it can to be not disliked. They’re pursuing a double negative, actually. But he’s out talking about this as though he’s campaigning for office in 2008. “It’s just time somebody gets serious about this,” he says, and he’s describing how the economy works in a philosophical, strategic way.

People get jobs, they get health care, and get raises, and so forth — and this has got start happening in America. We’ve gotta start “investing” in one another. We gotta all start working together. So it’s all this feel-good stuff — and these poor, clueless Americans are sitting there applauding. It’s not robust applause, by the way. I, frankly, do not know how you can sit through a speech like this and not say to yourself, “I’ve been hearing this for five years.”

I don’t know how you can sit through a speech like this and not say, “Wait a minute, bud. You’ve been president for five years. What have you done about this?” I don’t know how that can happen, but it is.

BREAK TRANSCRIPT

RUSH: Now, ladies and gentlemen, I know that Cookie is monitoring the Obama speech and is in the process of preparing audio sound bites. But during the top of the hour, I just heard Obama himself articulate the Limbaugh Theorem! (He didn’t use those words, of course.) He’s out there in Galesville, Illinois, and he’s talking about the economy and how we’ve gotta get things rolling again finally, and he said, “Washington has taken its eye off the ball, and it has to stop.”

He’s not in Washington, you see?

He has nothing to do with what is happening in Washington!

Obama has nothing to do with what’s gone on in Washington.

But Washington has taken its eye off the ball. Washington hasn’t been paying any attention to the economy, and it’s gotta stop. Washington has been focusing on the IRS. Washington has been focusing on Benghazi. Washington’s been focusing on Trayvon Martin. Washington’s been focusing on all of these things, and it’s gotta stop. Washington’s got to start caring about you again, is what he said. (laughing)

Oh, folks, it’s just amazing. It’s the Limbaugh Theorem right out of his mouth. “Washington has taken its eye off the ball, and it has to stop.” Washington has not been paying enough attention to the economy. Washington has been spending all its time on all of these things that don’t really matter to people, and it’s gotta stop. Apparently, President Obama also is uttering profundities today. Do you know what a profundity is?

A profundity is when you say something profound, like me and the things I say. Well, apparently Obama uttered a profundity today that is being tweeted and retweeted all over the place, and it is this: (impression) “Lincoln was all about building stuff.” He was talking about Abe Lincoln, and he said that Lincoln was known for building stuff. Lincoln was all about building stuff. I guess he’s trying to compare… I don’t know the context.

Apparently he’s trying to equate himself with Lincoln and they’re gonna start building stuff now, once he can get “Washington” to focus and get its eye back on the ball. See, he’s in Galesville, Illinois. He’s not in Washington. He’s in Galesville, Illinois. He’s talking about the economy, and Washington hasn’t been working hard enough on this, and it’s time they did — and these people, you should see them. They’re just nodding their heads, glassy eyed and applauding when appropriate and so forth.

It’s scary.

BREAK TRANSCRIPT

RUSH: We have a couple of sound bites from Obama, as he’s out in Galesville, Illinois, blaming Washington for paying not enough attention to the economy. We’ve actually got one, two, three, four, five, six sound bites here. We’ll get the last two that I want to play for you right now. This is Obama talking about his vision for rebuilding the economy.

OBAMA: With this endless parade of distractions and political posturing and phony scandals, Washington’s taken its eye off the ball. And I’m here to say this needs to stop. There are Republicans in Congress right now who privately agree with me on a lot of the ideas I’ll be proposing. I know because they’ve said so. But they worry they’ll face swift political retaliation for cooperating with me.

RUSH: Oh, jeez. Folks, I can’t react to this without… there’s something pathologically wrong here. In the first place, “Washington has taken its eye off the ball, and I’m here to say this needs to stop.” Now, I mentioned, I told you I heard that bite, I heard him say it live. He is Washington! This is the Limbaugh Theorem. He’s articulating it himself. It’s coming out of his own mouth. He’s out there in Illinois claiming Washington hasn’t been paying enough attention to the economy. They’ve been looking at the IRS. They’ve been looking at Benghazi. They have been looking into Obamacare, and they haven’t been working on the economy, and (imitation) “I’m here in Illinois to make sure that they refocus in Washington,” as though he has had nothing to do with it.

This is it. This is how he does it, folks, with the low-information voters. This is how he maintains his lack of attachment to his own policies. But then this business that “there are Republicans in Congress right now who privately agree with me on many of the ideas that I’ll be proposing. How do I know? They’ve told me. But they worry they’ll face swift political retaliation for cooperating with me.” It’s this straw dog, see. There are these Republicans that really want me to do what I want to do, but they’re afraid of people like me, obviously. Now, my observation is that there are plenty of Republicans who are already publicly agreeing with Obama. John McCain comes to mind.


There are a number of Republicans who are very publicly saying things that are very much the same as Obama wants when it comes to immigration, when it comes to amnesty, when it comes to what the Democrats think the Republicans need to do to reorganize their party. But here he’s telling these people, “There are a lot of Republicans that really want to agree with me but they’re afraid to say so publicly.” Now, the fact is that there’s no way, even though you and I know this is total BS, how do you prove it? Are there gonna be Republicans, “Wait a minute, he’s talking about me, and that isn’t true”? No.

This is something he just gets away with saying. “There are plenty of Republicans who agree with me. But they are afraid to say so.” Well, if they’re afraid to say so, they can’t confirm it, so he just gets to say there are plenty of Republicans who agree with me. And where that leads is that his audience that hears this gets even angrier at Republicans. ‘Cause they won’t publicly help Obama, even though they tell him they agree with him. This is pathological. Maybe brilliant politics, it’s pathological. Finally, here is Obama’s vision for the middle class. An economy that grows from the middle.

OBAMA: A better bargain for the middle class and the folks who are working to get into the middle class, an economy that grows from the middle-out, not the top down, that’s where I will focus my energies. Not just for the next few months, but for the remainder of my presidency. These are the plans that I’ll lay out across this country. What makes us special, it’s not the ability to generate incredible wealth for the few. It’s our ability to give everything a chance to pursue their own true measure of happiness.

RUSH: Folks, we’re listening to the wrecking ball who has already torn down a bunch of buildings, tell us how he’s building news cities. It’s pathological. There is no building from the middle-out. There is no growing the economy from the middle-out. When you try that, you get Detroit. It’s never worked. I mean, there’s not even a formula for it. It’s just a bunch of words designed to sound good to a bunch of ignoramus low-information people who don’t pay enough attention to be fully informed about what’s going on and have been so woefully ineptly educated on economics that it all sounds good, but it’s meaningless.

“What makes us special has never been our ability to generate incredible wealth for the few.” What’s made this country special, he wouldn’t even know. He has a profound structural disagreement, folks, with the things that have made this country great. The things that have made this country great are things that irritate him about this country, and those are the things he’s trying to change. He is shrinking the economy, the private sector, and with it he is shrinking opportunity for everyone. But here he is talking about how he’s gonna spend the rest of his administration making sure that everybody has a chance to pursue their true measure of happiness. Into year five and people are still buying this. Frustrating.

BREAK TRANSCRIPT

RUSH: Okay, so Obama wants help the middle class. Would the Keystone pipeline help the middle class? Would stopping the war on coal help the middle class? Does amnesty for 11 million new low skilled workers help the middle class? Obama’s not about helping the middle class. He’s about turning the middle class into Detroit.

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