{"id":27735,"date":"2007-12-06T01:01:01","date_gmt":"2011-05-19T04:35:10","guid":{"rendered":""},"modified":"2011-05-19T04:35:10","modified_gmt":"2011-05-19T04:35:10","slug":"money_honey_schools_mrs_clinton","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2007\/12\/06\/money_honey_schools_mrs_clinton\/","title":{"rendered":"Money Honey Schools Mrs. Clinton"},"content":{"rendered":"
\n

RUSH: Let\u2019s go to the audiotapes, Mrs. Clinton on CNBC yesterday afternoon with the Money Honey. That would be Maria Bartiromo, who said, ‘Where was Congress during all this?\u2019 This is about the mortgage crisis. ‘Where was Congress during all this? We had a lot of nonbanks in on the scheme with crazy proposals, no documentation, no interest for several months. Did Congress understand what is going on here?\u2019<\/p>\n

HILLARY: No. And under the Republican Congress, they didn\u2019t want to understand, you know, the ostrich head was in the sand. You didn\u2019t have an administration who paid attention to the early warning signals, you didn\u2019t have a Congress that cared about it. And the net result is, as I say, everybody shares the responsibility. If something is too good to be true, it is too good to be true.<\/p>\n

RUSH: You were in the Congress! What were you, a bystander? She can\u2019t do anything right. The dirty little secret is, Congress authorized — I don\u2019t care which one — Congress authorized and demanded these loans be made to people that couldn\u2019t afford them if the rates went up. You know, one question. There are four different kinds of mortgages out. The subprime is just one. How come only one group is being assisted here with this freeze in mortgage interest rates? How come people who could afford to pay the rates when they went up are not being helped? How come only the people who couldn\u2019t afford to pay the rates are being helped? Well, we understand this. But Mrs. Clinton, I forgot, you\u2019re right, Mr. Snerdley, she didn\u2019t know about the subprime thing. Nobody told her. She was probably lied to about it, never saw any intelligence on the subprimes. Well, she saw the intelligence, but thought it was cooked and lied about and so forth. Next question really heats up here when the Money Honey goes after her on taxes and the cackle returns. The question\u2019s on the tape so listen to the exchange.<\/p>\n

BARTIROMO: You\u2019re talking about letting the Bush tax cuts expire. How do you justify this situation, when you\u2019ve got people under pressure, and just the thought that they\u2019re going to be paying more taxes, they may pull in their —<\/p>\n

HILLARY: Well, since my husband and I are in that bracket, I don\u2019t feel pressured. We\u2019re going to do stimulus for the vast majority of Americans, and part of the way we\u2019re going to pay for it is by letting those tax cuts on the wealthiest of Americans expire. Now, we have to look at every set of conditions. I don\u2019t know what is going to be happening in the economy in January 2009. Up until then we have a very different philosophy and attitude in this administration, and lots of people who come on your show who, you know, are gung-ho, protect the tax cuts for the wealthiest of Americans, that will not work if the economy slows down. You need to get money in the pockets of tens of hundreds of millions of Americans, and that\u2019s what I intend to do.<\/p>\n

RUSH: You just don\u2019t know. She\u2019s going to get this wrong, too. Tens of hundreds, did she say, tens of hundreds of millions of Americans need to get the money in the pockets? She\u2019s really thinking China because that\u2019s where she gets money from. She\u2019s really thinking China here because we don\u2019t have tens of hundreds of millions of people in this country. But how about this: ‘How do you justify this situation when you got people under pressure –‘ ‘Well, since my husband and I are in that bracket, I don\u2019t feel pressure.\u2019 I mean, first place the cackle, and then, since my husband and I are in that bracket.\u2019 They just can\u2019t stop telling everybody how rich they are. She can\u2019t do anything right. Bartiromo finally says, ‘You know what, Senator, it\u2019s not just the rich who own stock. We have 100 million –‘<\/p>\n

HILLARY: I\u2019m not saying anything about stocks. I\u2019m saying —<\/p>\n

BARTIROMO: Capital gains tax goes away. How does that impact the economy? <\/p>\n

HILLARY: Well, the capital gains tax, I\u2019m talking about the upper income tax brackets. You know, capital gains I think we may have to nudge a little bit, but depending, again, on the conditions.<\/p>\n

RUSH: Stop the tape a second. Did I just hear what I heard? Capital gains for the upper brackets? There\u2019s one capital gains rate, and it applies to everybody. That\u2019s right. Not with her. Maybe she\u2019ll keep the capital gains rate at 15% for people who have no capital gains — (laughing) — and raise it to whatever on her dreaded rich, the income bracket that she and her husband — take that back to the top. I couldn\u2019t let that go without interrupting. I know you people don\u2019t like it when I stop the tape, but I couldn\u2019t help it. Let me know when it\u2019s ready to go there, Ed. The question from Maria Bartiromo, the Money Honey, ‘You know what, Senator, it\u2019s not just the rich who own stock.\u2019<\/p>\n

HILLARY: I\u2019m not saying anything about stocks. I\u2019m saying —<\/p>\n

BARTIROMO: Capital gains tax goes away. How does that impact the economy? <\/p>\n

HILLARY: Well, the capital gains tax, I\u2019m talking about the upper income tax brackets. You know, capital gains I think we may have to nudge a little bit, but depending, again, on the conditions. I am going to look at the economy as it is. But I think it is, as I probably evidenced to your viewers, amusing, that we would have had these tax cuts, which I have benefited from, and people in my income tax bracket have benefited from, and the rest of the economy is stalled. So we have to take a look at the economy as it really is, and I think that calls for considering stimulus on a broad-base level.<\/p>\n

RUSH: And the effort to lie and convince people that we\u2019re in a slowdown and near a recession continues to justify raising taxes. (interruption) That\u2019s right, Mr. Snerdley, she\u2019s saying the entire economy is stalled, not for the rich. The economy is stalled for people like her and her husband and their income bracket. What was it she said? Well, the capital gains tax (muttering) I have benefited from and people in my income tax bracket have benefited from, and the rest of the economy stalled. So she didn\u2019t say rich. She said the people in her income tax bracket. It\u2019s what she means. I know, capital gains cuts, save the economy, the nineties, responsible for the deficit shrinking more than anybody imagined now. But apparently the economy is not doing well for anybody but the rich. Hey, if that\u2019s the case, would somebody explain Wal-Mart to me? Would somebody explain Kmart? Is there still a Kmart? Would somebody explain Target workers, somebody explain how these stores are doing so well. Don\u2019t tell me the rich go in there. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Let\u2019s go to the audiotapes, Mrs. Clinton on CNBC yesterday afternoon with the Money Honey. That would be Maria Bartiromo, who said, ‘Where was Congress during all this?\u2019 This is about the mortgage crisis. ‘Where was Congress during all this? We had a lot of nonbanks in on the scheme with crazy proposals, no […]<\/p>\n","protected":false},"author":25,"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":"\nMoney Honey Schools Mrs. Clinton - 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\/2007\/12\/06\/money_honey_schools_mrs_clinton\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Money Honey Schools Mrs. Clinton - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Let\u2019s go to the audiotapes, Mrs. Clinton on CNBC yesterday afternoon with the Money Honey. 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