RUSH: What is this, ‘it’s gonna get worse’ business? It’s gonna get worse? That’s what Obama said yesterday, he was on Meet the Press. He said it’s gonna get worse! Folks, as I said Friday, we are living in a sitcom. God is writing the sitcom. We elected a guy on the basis that it’s gonna get better, everything is gonna get better simply because we elect the guy. I am so confused. The reason for electing Obama was so it would get better, and now Obama tells us it’s going to get worse. It’s gonna get much worse. Greetings, my friends, and welcome back. Rush Limbaugh here. The Excellence in Broadcasting Network. Telephone number if you want to be on the program today, 800-282-2882. E-mail address, ElRushbo@eibnet.com.
Well, we’re expecting to get the automobile bailout today. That’s what they tell us. Chris Dodd, who ought to be facing his own investigation, is saying the GM CEO, Rick Wagoner, should be fired. These guys are starting to run businesses, and speaking of these guys running businesses, I don’t know if you know this or not, but John Thain — I’m not telling you this to have in you sympathy with John Thain — John Thain is CEO of Merrill Lynch, and he had a successful run with Merrill Lynch. He negotiated the sale price of the company at a fabulous $29 a share. His contract calls for a $10 million bonus and he wants his $10 million bonus. Andrew Cuomo, the New York attorney general, has denied John Thain his $10 million bonus, the CEO of Merrill Lynch. Now, I think the board at Merrill Lynch was also opposed to this as well, but that’s not the point. The New York attorney general has turned down, has nixed the bonus for the boss of Merrill Lynch. Now, the New York attorney general is Andrew Cuomo, the son of Mario ‘The Pious’ Cuomo, one of the three front-runners for Hillary Rodham’s Senate seat. One thing we know that seat’s gotta be filled by a carpetbagger. It’s been filled by a carpetbagger all the way back to Bobby Kennedy. Hillary is a carpetbagger. That seat is going to be filled by a Kennedy, by a Cuomo, or by a Clinton.
I’m wondering, have the Clintons, maybe they falsified Chelsea’s birth certificate so maybe she could qualify to be appointed to sit in her mother’s seat. That’s a big seat, by the way, ladies and gentlemen, to fill. Anyway, AG Cuomo has made a pronouncement that the head of Merrill Lynch does not deserve his $10 million bonus despite the fact that he engineered the sale of the company at a fabulous $29 a share. Okay, fine and dandy. So when do we get to make a pronouncement about Andrew Cuomo as attorney general? Andrew Cuomo, as I said, is the son of Mario ‘The Pious’ Cuomo, well, that’s how Jesse Jackson once pronounced the name. I get in trouble, you know, just trying to avoid being called a racist. If the Reverend Jackson thinks it’s pronounced Cuomo then on this show it’s pronounced Cuomo. Anyway, this is the same Andrew Cuomo who was Clinton’s housing czar, Housing and Urban Development, the HUD guy. It was Andrew Cuomo who demanded that banks make more home loans to people who couldn’t afford them. His hands are as dirty as Chris Dodd’s and Barney Frank’s on this whole subprime mortgage business.
But before you get angry, ladies and gentlemen, remember Andrew Cuomo is a liberal. Failure is a resume enhancement in the world of liberals, plus it’s impossible for liberals to engage in any violations of ethics because of course their intentions are always so honorable, and since they make no pretense at being ethically honest they can never be accused of hypocrisy. Hypocrisy is always the crime that brings down conservative Republicans. Okay, so Andrew Cuomo, the son of Mario ‘The Pious’ Cuomo has told the CEO of Merrill Lynch, ‘No, you’re not going to get your bonus.’ So the government tells a private sector company, ‘Nope, nope, nope, can’t get your bonus.’ New York Times today. Seems to be an odd pattern, folks. As I read the story to you, I want to ask you if you note anything familiar here happening in America with our current liberals who are in power. Just listen to the story here. Headline: ”In Hard Times, Russia Moves In to Reclaim Private Industries’ — In late October, one of Vladimir V. Putin’s top lieutenants abruptly summoned a billionaire mining oligarch to a private meeting. The official, Igor I. Sechin, had taken a sudden interest in a two-year-old accident at the oligarch’s highly lucrative mining operations here in Russia’s industrial heartland. Mr. Sechin, who is a leader of a shadowy Kremlin faction tied to the state security services–‘ just call it the KGB, New York Times. They don’t call it that now, they call it something else, but it’s the old KGB.
‘Mr. Sechin –‘ this is Putin’s top lieutenant ‘– said he was ordering a new inquiry into the mishap, according to minutes of the meeting. With a deputy interior minister who investigates financial crime at his side, Mr. Sechin threatened crippling fines against the company, Uralkali. Startled, the oligarch, Dmitri E. Rybolovlev, pointed out that the government had already examined the incident thoroughly and had cleared the company of responsibility. He further sought to fend off the inquiry by saying he would pay for some of the damage to infrastructure from the accident, a mine collapse that injured no one but left a gaping sinkhole.’ They have a picture of it here, it is a huge sinkhole but nobody got hurt. ‘His offer was rebuffed, and it seemed clear why: the Kremlin was maneuvering to seize Uralkali outright. Mr. Putin, the former president and current prime minister, has long maintained that Russia made a colossal error in the 1990s by allowing its enormous reserves of oil, gas and other natural resources to fall into private hands. He has acted uncompromisingly — most notably in the case of the Yukos Oil Company in 2003 — to get them back,’ under Soviet, I mean, Russian control.
‘Now, the Kremlin seems to be capitalizing on the economic crisis, exploiting the opportunity to establish more–‘ you can’t make this stuff up. This is right out of the Rahm Emanuel school. This is a chicken and egg question. Did Rahm Emanuel come up with this or did communists come up with this, and who’s copying who? The Kremlin seems to be capitalizing on the economic crisis. Rahm Emanuel says this crisis is too good to waste. ‘Now, the Kremlin seems to be capitalizing on the economic crisis, exploiting the opportunity to establish more control over financially weakened industries that it has long coveted, particularly those in natural resources.’ Any of this sound familiar? Does some of this sound familiar to you folks out there? Andrew Cuomo saying no to your bonus, Mr. Thain; Chris Dodd telling Rick Wagoner you gotta go; Barney Frank, the Banking Queen, telling everybody how they must spend their money. Russia retaking — I know there’s a big difference here. Russia, the communists are retaking theirs. We’re just doing this for the first time here. But it still means we’re copying them, still means what it means, it means American liberals and Russian communists have quite a lot in common. American liberals are just a little late on the draw.
Have you seen, folks, this horrible situation at the window company in Chicago? You heard about this? Well, there’s a window company in Chicago that has a line of credit with Bank of America. This is the news media version. I have not yet heard anybody from the company say anything. The story that’s out there is that this company — unionized, by the way, ladies and gentlemen — has a line of credit with Bank of America, and the Bank of America said, ‘We’re not going to extend your line of credit anymore, business isn’t working. We don’t want to extend your line of credit.’ The company said, ‘Okay, we gotta shut down,’ and they shut town, unable to pay employees. The employees have failed to leave the premises. They’re staging sit-ins and protests which have been attended by the Reverend Jackson, who has quite appropriately shown up with a bunch of turkeys for meals and other things. Obama has weighed in, told those people to hang in there until their wages and their benefits they are owed are paid.
The governor of Illinois, Blagojevich, just showed up and announced that the state of Illinois is terminating all business with the Bank of America until the Bank of America gets in there and spends some of the bailout money extending the line of credit to the window company so these employees could get paid. Governor Blagojevich shows up and basically tells the Bank of America, ‘You’re out.’ The Bank of America says, ‘It’s not our responsibility. We hold a line of credit and they can’t pay it. It’s not our responsibility.’ So from the president-select on down to the governor, on down to the Reverend Jackson now has a new business, and that’s passing out turkeys to out-of -work union people. You go to this New York Times story, ‘In Hard Times, Russia Moves in to Reclaim Private Industries,’ and it is eerily, eerily, eerily the same in Russia as it is here, ladies and gentlemen. We’re in the middle of a sitcom.
By the way, I have a new policy. I think we all want to sign on to this today. I have spent a lot of time over the weekend putting this together, ladies and gentlemen. We’ve had some very conflicting, agonizing moments on this program with the auto bailout discussions and the circumstances of the United Auto Workers unions, members, that we have heard about. And of course, you know me. I’m all for everybody making, earning as much as they can, but within the laws of free markets, competition and so forth, and so on. As such, ladies and gentlemen, I have decided from right here, the office of America’s Anchorman, my official position on this because I know people have been waiting for this. General Motors is a sponsor on this program and people think I’ve been having to balance something here in order to hold onto the sponsorship. No, no, no, no. I’m honest as the day is long about what I really think about things without these kinds of considerations.
So, I want you to know the official position of the EIB Network and me, El Rushbo, is. I support the workers at the window factory in Chicago. I support the workers at the United Auto Workers assembly lines, the Big Three in Detroit, and elsewhere, but I do not support the big unions. I support the workers, but I do not support the big unions. I support the workers, but I do not support union bosses. I admire and respect our men and women on the front lines of manufacturing, the great job that they’re doing and trying to do. I support their skills, their dedication, their talents. It is their union bosses and their union in general that I oppose. I learned this during the Iraq war.
RUSH: Scott in Las Vegas, great to have you on the EIB Network. You are up first, sir. Nice to have you with us. Hello.
CALLER: Hey, Rush, it’s great to talk to you. I just had a comment about Obama’s whole reconstruction plan.
RUSH: Yeah, yeah.
CALLER: Yeah. Obama’s reconstruction plan is basically based on a 1930s economy where people were laborers, were manual laborers. That’s not the case today. People are not manual laborers for the most part. We’re in an information technology age now, and the types of jobs that Obama’s talking about have absolutely no relevance to our economy today. He’s living in the past. And his fix is not a fix, because, you know, we just —
RUSH: Now, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, wait, just a moment. Depends on what we say is broken and what we’re trying to fix.
CALLER: Oh, okay.
RUSH: What if Obama is trying to do what FDR did? See, the FDR stuff didn’t fix anything, either, did it?
CALLER: No, actually it didn’t.
RUSH: It prolonged the Great Depression, did it not?
CALLER: That’s what it did.
RUSH: Well, guess what this is going to do?
CALLER: Oh, it’s going to not only prolong what we’re in now, but it’s gonna actually make it worse.
RUSH: Who benefits?
CALLER: Who benefits? The government. Obama.
RUSH: Obama and the Democrat Party benefit.
RUSH: So what’s being broken is not being fixed. What’s being fixed is the power interruption Republicans created against the Democrats after the Great Society and all that imploded, the Congress was taken over by the Republicans in 1993, in the election there; they started serving in 1994. Reagan’s two terms kind of spelled out the lie of New Dealism. So the whole notion that FDR set up with the New Deal was perpetual power for Democrats is interrupted. So now they gotta put it back together, new New Deal to guarantee 50 more years of perpetual Democrat power. That’s what’s being broken, or what is broken, and that’s what Obama’s fixing. He’s not fixing the country. He’s fixing the Democrat Party.
CALLER: Now, do you think that the American people are going to realize this and wake up to it, or are we just going to kind of continue in our mindless worship of Obama?
RUSH: I haven’t the slightest idea. I see hopeful signs that the American people, when Obama’s not present, and not spellbinding everybody with worthless words and meaningless rhetoric, I see the American people show up and do the right thing. Saxby Chambliss, and how about Bill Jefferson being thrown out of office over the weekend in New Orleans? Did you hear about that?
CALLER: Yes, I cheered when I heard that.
RUSH: Congressman William Jefferson (Democrat-Louisiana), who, by the way, in putting his $90,000 of cash in the freezer, was actually giving us all a good tip.