{"id":34798,"date":"2010-03-03T01:01:01","date_gmt":"2011-05-19T01:20:07","guid":{"rendered":""},"modified":"2011-05-19T01:20:07","modified_gmt":"2011-05-19T01:20:07","slug":"a_primer_on_john_maynard_keynes","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2010\/03\/03\/a_primer_on_john_maynard_keynes\/","title":{"rendered":"A Primer on John Maynard Keynes"},"content":{"rendered":"
\n

RUSH: Jeanette in Greer, South Carolina, I\u2019m glad you waited. Welcome to the EIB Network.<\/p>\n

CALLER: I wanted to talk to you about an article that I read recently in the Wall Street Journal that says that because there is like several vacancies, I think three in the Fed, that Obama has an opportunity now to reshape the Fed, and somebody brought up Paul Krugman\u2019s name, and in the article it said he is just, you know, a definite Keynesian. And the reason I\u2019m talking about — or I called you, rather, is to tell you that I don\u2019t think that the American public really understand John Maynard Keynes economics, and they don\u2019t understand that he was a very devout socialist and Marxist and that he surrounded himself with Marxists and that his general theory which he presented to Roosevelt in 1936 really was some kind of what they thought was a politically genius stroke because what it did was it pawned off socialism to the world under the guise of saving capitalism. And this is not something that I\u2019ve made up. If you look on the Internet under a Web page called Keynes at Harvard, it\u2019s all there.<\/p>\n

RUSH: Well, let me say this, and let me be clear when I say this. This is very simple to do. You want more people to know who John Maynard Keynes was. Okay, attention, class. John Maynard Keynes. If you want to know what Keynesian economics is, you\u2019re living it: Barack Obama, massive government spending, massive debt, massive redistribution of wealth, the lie that government spending, deficit spending can propel economic growth. She is dead right that they tricked everybody into thinking this is the way we\u2019re going to save capitalism! They had no intention of saving capitalism. Just like Obama, they wanted to destroy it and replace it with socialism or Marxism or fascism or whatever you want to call it. And they got pretty close. Then World War II came along and screwed \u2019em up. If FDR had kept us out of World War II we might not know America as she is today. But I don\u2019t believe in ‘if\u2019. ‘If\u2019 is for children. Roger Whittaker, 1972.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Jeanette in Greer, South Carolina, I\u2019m glad you waited. Welcome to the EIB Network. CALLER: I wanted to talk to you about an article that I read recently in the Wall Street Journal that says that because there is like several vacancies, I think three in the Fed, that Obama has an opportunity now […]<\/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":"\nA Primer on John Maynard Keynes - 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\/2010\/03\/03\/a_primer_on_john_maynard_keynes\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"A Primer on John Maynard Keynes - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Jeanette in Greer, South Carolina, I\u2019m glad you waited. 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