{"id":35063,"date":"2011-05-19T01:10:24","date_gmt":"2011-05-19T01:10:24","guid":{"rendered":""},"modified":"2011-05-19T01:10:24","modified_gmt":"2011-05-19T01:10:24","slug":"no_company_is_going_to_make_investments_for_a_public_good","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2011\/05\/19\/no_company_is_going_to_make_investments_for_a_public_good\/","title":{"rendered":"“No Company is Going to Make Investments for a Public Good”"},"content":{"rendered":"
\n

RUSH: Get this. Obama in North Carolina today, in Charlotte, to tout a business, a business that makes parts for lithium ion batteries for computers and cell phones. Now, an AP story about this interestingly does not mention the name of the company. ‘Obama Talks Jobs to NC Audience; Payrolls Improve.\u2019 Why, it\u2019s just like magic. ‘President Barack Obama is pushing his administration\u2019s plans to create jobs, a crucial campaign issue for Democrats as they look toward November\u2019s midterm elections. Obama planned remarks Friday at a North Carolina company that has hired new workers and expanded its operations with grants from the economic stimulus program. Obama\u2019s team wants to marry much-needed job creation with the politically sour stimulus, hoping that will help Democrats gain favor with voters after a bruising, yearlong battle with Republicans over health care.\u2019 <\/p>\n

Now, this AP story never mentions the name of the company. The company is Celgard. And it\u2019s interesting, if you want to learn a little bit about them, Celgard makes porous membranes for rechargeable lithium ion batteries used in notebook computers and digital cameras and other similar devices. The administration views Celgard as a green jobs success story, and the regime is using this company as an example of a company that has prospered with federal help. This company, Celgard, has been the beneficiary of $49 million from the feds from the stimulus plan. Now, what we are supposed to learn from this is that this company is a success not because it makes a good product, a sound product at a reasonable price. No, no, no, no, no. The lesson that we are supposed to take from this is that this company is profitable because the government is making it profitable. The government is using the coercive powers of the state to forcibly transfer hard-earned money from citizens in exchange for the right not to go to jail for refusing to fork it over. <\/p>\n

So you and I, taxpayer money, was given to this company to make them profitable because Obama sees them as a green company. He goes in there today and touts, ‘Oh, man what a great show this is. See what your government can do for you. This company would be nowhere without me and without my regime.\u2019 That\u2019s the lesson we\u2019re supposed to take, and that\u2019s the talking point for the Democrat Party, because nobody likes the stimulus, so he finds this company, and this is like bringing a sob story out during a health care argument. So here\u2019s this little company sagging and flagging that\u2019s been saved by the stimulus, and this is going to be a major campaign talking point for the Democrats. Now, to me this is nothing to brag but, but for them obviously it is. To me the real heroes are the companies that in spite of the damage this regime is inflicting on them are prospering without federal help. Those are the heroes. Listen to this sound bite from the leader of the regime, this afternoon, Charlotte, North Carolina.<\/p>\n

OBAMA: I don\u2019t want government any more than is necessary, but there\u2019s some things that Bob or any CEO can\u2019t invest in. Bob\u2019s not going to build the roads to get to Celgard. No company is going to make investments for a public good.<\/p>\n

RUSH: No company is going to make investments for a public good. Good Lord. I don\u2019t think I even know what vitriol is until I heard that. No company is going to make investments for the public good? What the hell do they do? Bob\u2019s not going to make investments for the public good. Bob here, the CEO at Celgard, Bob\u2019s not going to build the roads to get to Celgard. I\u2019ll bet Bob had to build a whole bunch of roads or parking lots, and I\u2019ll bet Bob had to go through a whole bunch of permit processes with the local government there to get permission to do every bit of building he had to do. Does the government build every road to every business? Obama\u2019s slipping up here, folks. He\u2019s getting off message here. The Democrats are getting off message. Yesterday we had all those sound bites of the Democrats from Baucus to Howard Dean to any number of Democrats saying that the health bill was really about redistribution, was really about the maldistribution of income and the health care bill. That\u2019s off message. That brings back Joe the Plumber. They don\u2019t want that. I mean their message is health insurance for all Americans, medical coverage for all Americans, no, no, no, it\u2019s not about that. It\u2019s about redistributing wealth, which we\u2019ve all known on this side of the aisle. Play this again. I don\u2019t want government any more than is necessary. That\u2019s a lie. He wants government to be doing everything. <\/p>\n

OBAMA: I don\u2019t want government any more than is necessary, but there\u2019s some things that Bob or any CEO can\u2019t invest in. Bob\u2019s not going to build the roads to get to Celgard. No company is going to make investments for a public good.<\/p>\n

RUSH: No company is going to make investments for a public good. Uh, this is astounding, it is breathtaking. I think it\u2019s worth repeating again, and we do have the time to squeeze it in one more time before the break. <\/p>\n

OBAMA: I don\u2019t want government any more than is necessary, but there\u2019s some things that Bob or any CEO can\u2019t invest in. Bob\u2019s not going to build the roads to get to Celgard. No company is going to make investments for a public good.<\/p>\n

RUSH: No company is going to make investments for a public good. I\u2019ve always known that liberals despise corporations, but I never knew it was this vitriolic.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: By the way, the Raleigh News and Observer has a little interesting factoid about Obama\u2019s trip here to this company, Celgard. Obama\u2019s in there touting his jobs creation with the unemployment, and he\u2019s saying, (paraphrasing) ‘Look at what stimulus money can do, why, this company has been saved because of the stimulus.\u2019 And they\u2019re gonna create 300 new jobs to make their ion lithium batteries. They\u2019re used in electric cars, by the way, some kind of cars, and, you know, lithium is a neurotoxin. If it gets into the groundwater, the animals get sick, the human beings get sick. Obama also wants to end the coal industry but what are we going to generate electricity with to plug in and use these electric cars? Anyway, Celgard has not spent any of its stimulus money yet, according to federal documents, $49 million, but they haven\u2019t spent any. <\/p>\n

The News and Observer here says: ‘He\u2019s visiting a company that hasn\u2019t yet spent any of its stimulus money, according to federal documents. But his visit highlights the administration\u2019s focus on using stimulus funds to create green jobs and push energy efficiency. Celgard wouldn\u2019t talk Thursday about its plans or the specifics of its grant. The governor\u2019s office has said the money will help create about 300 jobs over the next five years. … Critics say the government\u2019s job tallies can be misleading, because companies are confused about how to report the data and because the government\u2019s instructions are prone to make them over-report the number.\u2019 It\u2019s like another Caterpillar. I guarantee you, this is going to be another Caterpillar. This company, Celgard, they\u2019re hoarding the cash, they\u2019re hoarding the cash. They haven\u2019t spent the $49 million. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Three more sound bites from Obama from Celgard today. The economy is back, thanks to him.<\/p>\n

OBAMA: Today is an encouraging day. We learned that the economy actually produced a substantial number of jobs instead of losing a substantial number of jobs. We are beginning to turn the corner. This month more Americans woke up, got dressed, and headed to work in an office or factory or storefront, more folks are feeling the sense of pride and satisfaction that comes with a hard-earned and well-deserved paycheck.<\/p>\n

RUSH: This is what this regime does. This regime tries to tell us how we are feeling. This month more Americans woke up, got dressed, and headed to work in an office or factory or storefront? Storefront? Factory? These are all Marxist and Leninist terms. So is ‘worker.\u2019 More folks are feeling the sense of pride and satisfaction? More folks are more scared than ever. I just saw a chart on the percentage of Americans who think the country is headed in the wrong direction. It\u2019s close to 60%. There isn\u2019t a whole lot of happiness out there. Here\u2019s Obama off script on drilling.<\/p>\n

OBAMA: You\u2019ve got some of my friends on the Republican side who were saying, ‘Well, this is a nice first step but it\u2019s not enough, you should open up everything.\u2019 Some of my colleagues on the Republican side, what they\u2019ll say is, ‘You gotta drill even more.\u2019 Just remember this statistic when you start hearing this. We account for 2% of the world\u2019s oil reserves, but we use 20% of the world\u2019s oil. We use 20%, we only got 2%. We can\u2019t drill our way out of the problem.<\/p>\n

RUSH: We can. We most certainly can. There\u2019s more to it. We are not using it, we\u2019re buying it. This is why this guy\u2019s angry and has a chip on his shoulder. This whole statistic, we are 5% of the world\u2019s population and we use 25% of the world\u2019s resources, this guy believes that we\u2019re stealing the resources from the poor people of the world. Why, his brother still lives in a hut, a nine square foot hut, home sweet hut. His brother still lives in a hut, he thinks we, the American people, are raping and robbing the other people of the world for our lifestyle which is way too high, we don\u2019t deserve any. Now the same theory on oil. ‘We use 20% of it but we only have two percent, we\u2019re using more than our share.\u2019 We\u2019re buying it, and if we didn\u2019t somebody else would. But he thinks that we\u2019re stealing it. But then after saying that, he said this.<\/p>\n

OBAMA: We don\u2019t yet have the technological breakthroughs that can completely replace fossil fuels. So for the next 10 years, next 20 years, we\u2019re still going to be using oil, we\u2019re still going to be using coal, we\u2019re still going to be using natural gas, we\u2019re still going to be using the traditional sources to fuel our cars, to heat our homes, to run our big power plants, et cetera.<\/p>\n

RUSH: Somebody call Ed Begley, somebody call the environmentalist wackos, they\u2019re having heart attacks out there. We\u2019re not going to get rid of oil for 20 years. We don\u2019t have the magical technology. What happened to green jobs, what happened to all these people investing in these stupid windmills, what happened to the magic of solar panels, what happens to all of this? Now it\u2019s we can\u2019t replace fossil fuels. We\u2019re going to be using natural gas. We\u2019re going to be using coal. I think almost 50% of the electricity in this country is generated by coal, and he said during the campaign he wanted to wipe it out. If you want to build a coal-fired plant you can, but you are going to pay through the nose, you\u2019re going to lose money, I\u2019m going to make sure to see to it. President Obama, the leader of the regime.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Get this. Obama in North Carolina today, in Charlotte, to tout a business, a business that makes parts for lithium ion batteries for computers and cell phones. Now, an AP story about this interestingly does not mention the name of the company. ‘Obama Talks Jobs to NC Audience; Payrolls Improve.\u2019 Why, it\u2019s just like […]<\/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":"\n"No Company is Going to Make Investments for a Public Good" - 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\/2011\/05\/19\/no_company_is_going_to_make_investments_for_a_public_good\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\""No Company is Going to Make Investments for a Public Good" - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Get this. 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