{"id":12347,"date":"2013-05-22T17:39:14","date_gmt":"2013-05-22T17:39:14","guid":{"rendered":""},"modified":"2013-05-22T17:39:14","modified_gmt":"2013-05-22T17:39:14","slug":"bernanke_pumps_up_obama_s_economy","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/","title":{"rendered":"Bernanke Pumps Up Obama\u2019s Economy"},"content":{"rendered":"<p><a href=\"\/\/videos\/37\/50108\" target=\"_blank\"><img class=\"alignright\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\" alt=\"Listen to it Button\"><\/a><\/p>\n<p>RUSH: Forbes magazine: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; This story is based on two things.  The story is based on the stock market hitting record highs and the inexplicable uptick in consumer confidence.  That\u2019s it.  The Forbes story is based on those two things.  The headline:  &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221;  Well, let\u2019s listen to Ben Bernanke.  Ben Bernanke is chairman of the Federal Reserve and he was on Capitol Hill today during a joint House and Senate economic committee. He was testifying, and he basically said that the recovery is too weak for us to stop pumping money into it.  We gotta keep doing stimulus.  And what they\u2019re basically doing is pumping &#8212; the stock market\u2019s going through &#8212; these guys are creating bubbles, folks. At some point this is gonna implode.  It just has to. <\/p>\n<p><img id=\"eZObject_76789\" class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/BernankePorkulusPIX.jpg\"\/><\/p>\n<p>They\u2019re artificially propping up the stock market.  They\u2019re printing money and converting it into bonds and the bonds are ending up buying stock, buying securities.  I don\u2019t know all the machinations of it, but that\u2019s the route, that\u2019s what\u2019s happening.  The stock market\u2019s not going crazy because average mom-and-pop investors all of a sudden are buying stock.  This is money being printed because the regime has decided that the stock market will be a great optic to show a great economy.  It\u2019s all a game.  And here\u2019s Bernanke.  Now, you keep in mind now, economically could Obama be America\u2019s best&#8230; That is insulting.  My God.  This economy is barely hanging on.  Another union came out today and demanded to be excused from Obamacare, folks, another union.  Anyway, here\u2019s Bernanke.  Listen to this.<\/p>\n<p>BERNANKE:  A premature tightening of monetary policy could lead interest rates to rise temporarily, but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further.  Such outcomes tend to be associated with extended periods of lower, not higher, interest rates, as well as poor returns on other assets.  Moreover, renewed economic weakness would pose its own risks to financial stability.<\/p>\n<p>RUSH:  Let me translate that for you.  What Bernanke was saying is the economy still sucks, and we gotta continue to pump money into it.  And, as we do, it\u2019s gonna make Obama look like maybe America\u2019s best economic president ever.  And I, Ben Bernanke, am single-handedly gonna make sure that\u2019s what people end up thinking.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: Forbes magazine: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; This story is based on two things. The story is based on the stock market hitting record highs and the inexplicable uptick in consumer confidence. That\u2019s it. The Forbes story is based on those two things. The headline: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bernanke Pumps Up Obama&#039;s Economy - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Bernanke Pumps Up Obama&#039;s Economy - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Forbes magazine: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; This story is based on two things. The story is based on the stock market hitting record highs and the inexplicable uptick in consumer confidence. That\u2019s it. The Forbes story is based on those two things. The headline: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; [&hellip;]\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GeorgePrayias\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/www.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\",\"contentUrl\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/\",\"name\":\"Bernanke Pumps Up Obama's Economy - The Rush Limbaugh Show\",\"isPartOf\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#primaryimage\"},\"datePublished\":\"2013-05-22T17:39:14+00:00\",\"dateModified\":\"2013-05-22T17:39:14+00:00\",\"author\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/live-rush-limbaugh.pantheonsite.io\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bernanke Pumps Up Obama\\u2019s Economy\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4\",\"name\":\"GeorgePrayias\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g\",\"caption\":\"GeorgePrayias\"},\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/author\/GeorgePrayias\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bernanke Pumps Up Obama's Economy - The Rush Limbaugh Show","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/","twitter_card":"summary","twitter_title":"Bernanke Pumps Up Obama's Economy - The Rush Limbaugh Show","twitter_description":"RUSH: Forbes magazine: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; This story is based on two things. The story is based on the stock market hitting record highs and the inexplicable uptick in consumer confidence. That\u2019s it. The Forbes story is based on those two things. The headline: &#8220;Economically, Could Obama Be America\u2019s Best President?&#8221; [&hellip;]","twitter_image":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg","twitter_misc":{"Written by":"GeorgePrayias","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/www.rushlimbaugh.com\/#website","url":"https:\/\/www.rushlimbaugh.com\/","name":"The Rush Limbaugh Show","description":"Excellence In Broadcasting","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rushlimbaugh.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#primaryimage","inLanguage":"en-US","url":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg","contentUrl":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/listentoit.jpg"},{"@type":"WebPage","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#webpage","url":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/","name":"Bernanke Pumps Up Obama's Economy - The Rush Limbaugh Show","isPartOf":{"@id":"https:\/\/www.rushlimbaugh.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#primaryimage"},"datePublished":"2013-05-22T17:39:14+00:00","dateModified":"2013-05-22T17:39:14+00:00","author":{"@id":"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4"},"breadcrumb":{"@id":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.rushlimbaugh.com\/daily\/2013\/05\/22\/bernanke_pumps_up_obama_s_economy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/live-rush-limbaugh.pantheonsite.io\/"},{"@type":"ListItem","position":2,"name":"Bernanke Pumps Up Obama\u2019s Economy"}]},{"@type":"Person","@id":"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/9a33276eb9dc5b6d3f8218957f30e6b4","name":"GeorgePrayias","image":{"@type":"ImageObject","@id":"https:\/\/www.rushlimbaugh.com\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d290ab65e2eaca3719268528f83b85bf?s=96&d=mm&r=g","caption":"GeorgePrayias"},"url":"https:\/\/www.rushlimbaugh.com\/daily\/author\/GeorgePrayias\/"}]}},"_links":{"self":[{"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/posts\/12347"}],"collection":[{"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/comments?post=12347"}],"version-history":[{"count":0,"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/posts\/12347\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/media?parent=12347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/categories?post=12347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rushlimbaugh.com\/api\/wp\/v2\/tags?post=12347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}