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RUSH: E-mail. “Dear Rush: You don’t know anything about it. You’ve just lost a lot of respect from millions of us regarding your totally uninformed rant about the public just not filling out the paperwork to receive a loan modification. Rush, it is and was not the homeowner who faltered; it was Obama again. He pays these banks to review every request for loan modification, yet he failed to put any oversight and penalties with the funds. The banks can’t make modifications ’cause they don’t know who owns the loan since 90% of these mortgages were securitized multiple times,” meaning bought and sold by other people.

“The paperwork’s minimal. It’s the bank statement, et cetera, copies. But the real problem is the banks keep saying they lost it, or they didn’t receive it, so they can keep collecting the fee from Obama. I sent ours in seven times, and the few who did receive a modification are still required to pay delinquency plus interest and tons of fees. The modification is only temporary, then all the reductions, the missed payments and fees accrue at an interest with a maximum of five years; and they’re due in a balloon payment. Plus the homeowner signed off any right to defend any further actions. No one’s getting anything for free. I’ve asked you in the past many times to educate yourself on the greatest robbery and attack on property ownership in America. Even you will be shocked.

“Please stop trying to rabble-rouse on foreclosures when you don’t even know what you’re talking about, and you don’t even know who you’re slurring.” Who did I slur? Who in the world did I slur! Especially talking about loan modification program. The caller was making the point. The caller was blaming the loan modification on the paperwork. Now, you might want to say I “slurred” some people when talking about the stimulus and the redistribution of money when all you have to do to get it is nothing, but I wasn’t talking about the loan modification program. I was talking about the stimulus at that point.

Regardless, if I did anything, I slurred into the truth, which is what happens. But, see? The longer I live, the less I know. I know they’re touchy. They’re touchy and this woman obviously thinks that I was criticizing her. It’s obvious she thinks that I had her in my crosshairs, and I was somehow lighting into her as the problem. I don’t know how you get that. I do not know. Here I am and this whole show has been a defense of average Americans against the onslaught of this stupid regime. All right. Who’s next on the phones? Greg, Kansas City, Missouri. Greg, great to have you with us on the EIB Network. Hi.

CALLER: Thanks, Rush. It’s an honor to speak with you.

RUSH: Thank you.

CALLER: I think Obama is beatable, and I think so because he is an expert Chicago politician, and in cooperation with the media, who are experts at social engineering, I think that will make it happen.

RUSH: Wait. You say he’s unbeatable or beatable?

CALLER: Unbeatable?

RUSH: Unbeatable. We can’t beat Obama?

CALLER: Well, I mean, we could beat him, but I think it’s unwinnable because Chicago politicians know how to make it happen when it comes to elections —

RUSH: Yeah?

CALLER: — and he has a media who are experts at social engineering, and they know how to make it happen, too.

RUSH: Right. Okay, so what do we do?

CALLER: Hope for a miracle.

RUSH: What would that be? What would the miracle be?

CALLER: Uhhh…just a miracle. I don’t know. I can’t describe it, but it would just have to be (garbled).

RUSH: Is that what you want to do?

CALLER: Is that what I want to do?

RUSH: Yeah. I mean, you’ve just told me that he’s unbeatable and it’s unwinnable because he’s so good, the media is so in bed with him and plus Chicago politic and such means they don’t know how to lose. So we’re left with hoping for a miracle.

CALLER: I — I don’t want it to be that way but I think it just is.

RUSH: Okay. So you think they’re gonna be relying on buying votes, for example? I mean, how do they do this? How does this Chicago machine pull it off? Why are they so invincible?

CALLER: (groans) Nothing sticks to ’em, Rush. I mean, anything he’s ever done bad… You know, poll numbers are still decent for the most atrocious president in our history.

RUSH: Right.

CALLER: That’s saying something right there, and I don’t know how they’ll pull it off but, you know, they’ll find a way. You know, foreign policy-wise or any way, you know, just to make him look great and the other person look awful and —

RUSH: Well, it is very difficult to defeat a sitting president. There’s no question. It’s very difficult to beat an incumbent. I just happen to think different, but silly me, what do I know? The longer I live it’s apparent I don’t know diddly-squat about anything. It just seems to me that there’s not one — not one, zero, not one thing — which recommends this guy get four more years. There’s not one thing that suggests he’s earned another four years.

BREAK TRANSCRIPT

RUSH: Jimmy in Polk County, Florida. Great to have you, sir, on the EIB Network. Hi.

CALLER: Rush, thank you. I just wanted to encourage — and maybe offer some hope — for the gentleman who called earlier who didn’t think that winning the election was possible. I want to suggest that by rebuilding and restoring the most fundamental part of our electoral process, which is our voting precinct structure, we can get the job done, and I would encourage him and every one of your listeners to take a look back into their civics classes and see what they can find about getting involved in their local precincts, because that’s where elections are truly won.

RUSH: Well, the guy was calling from Kansas City, and I put this guy in the category of total defeatist. There’s just nothing we can do. Not only is he from Chicago, in Chicago, they cheat — and the media will help them cheat. There’s nothing we can do. It’s impossible to beat Obama because of the Chicago machine and because of the media and I can’t relate to that kind of an attitude. If I had that attitude, I’d just quit. I’d hang it up. What’s the point here? I can’t relate to people with that attitude. I know they exist. They’re in the throes of depression or what have you. But to me it’s a nonsensical statement. I hate to sound brusque, if that’s brusque, but to say that something 18 months away is a fait accompli and that there’s nothing we can do about the outcome one way or the other just doesn’t compute with me.

I’m not suggesting that it would be a waste of time to shore up and learn about the precinct process and all that. But believe me, our side’s well aware of vote fraud. Our side’s well aware of the tricks that might be played. It’s not as though we’re just sitting around waiting to be cheated on with no recourse. You know, they’re telling us how fragile they think Obama’s reelection changes are. It’s costing them a billion dollars? He’s gonna do nothing but campaign for a year and a half and it’s gonna cost a billion dollars to get this guy reelected? Remember, now, this guy was The Messiah. This was The One. All of the earthly problems that we had experienced in the past were going to be rendered obsolete. They weren’t going to exist as problems.

Believe me, there’s not one thing in this campaign that the Obama administration or the Democrat Party can point to and say, “Give us four more years to do more of this!” There’s not one thing they can do. The only thing they can say is, “You can’t afford the Republicans. These people are going to tear up our brilliant policies that are just now starting to work. We can’t afford to change horses in the middle of the stream. It was much worse than we thought. You don’t dare give it over to these people who don’t care about your grandmother, who don’t care about you. All they care about themselves and Wall Street.” That’s all they can do. They cannot run a positive, agenda-oriented campaign. “You like our work on unemployment? Fine! You like 9%? How about 11? You like the foreclosure rate? How about we double it?

“You like inflation? How about it gets higher? Do you like the price of gasoline? How about gasoline goes up another buck?” There’s nothing they can say about their agenda or things that have happened: “Give us four more years and we’ll do even better.” Not one thing. I’ll guarantee you, if the sitting president were a Republican with this track record, they would already be writing of the imminent defeat of that candidate no matter who the Democrats nominated as the opponent. I just caution you: Don’t fall prey for this business that Obama’s unbeatable, that he’s above criticism. “We don’t dare be critical of Obama! The historical nature of his presidency is such that we don’t criticize him.” Don’t do any of that. Those days are over. The historical nature and aspect of this has long since settled in, and now he’s president of the United States, and now he is and should be held accountable like any other president would be. All these other surface characteristics notwithstanding. They’re irrelevant. The color of his skin, all of that means nothing — and it shouldn’t.

Who’s next? Ned in Plymouth, Indiana. Welcome, sir, to the EIB Network. Great to have you here.

CALLER: Hey, Rush, it’s great to talk to you.

RUSH: You bet.

CALLER: Hey, I want to echo your sentiments about Sarah Palin and Obama being beatable. The GOP and the left are going crazy over Palin’s effect on them, and her unwillingness to go with the flow. So I think ultimately what she’s doing is she’s gonna have to confront the Republicans because if she can get the nomination, Obama is a cakewalk, if it came to that. So her biggest obstacle is gonna be her own party and then RINOs in the GOP.

RUSH: Well, I don’t think there’s any question about that. I’m not sure that she’s gonna run. I don’t know that that’s what this is about at all.

CALLER: If she wants, she can do another thing to the media. She can just invite ’em all to a Cub game and just walk out and all she’s gotta do is just throw out the first pitch and play that on the nightly news — Obama’s and hers — and I think you got humiliation as a picture right there in front of you, explanation not needed.

RUSH: Okay, Ned collective bargaining welcome back thanks for the call. I appreciate it. Al in Rockland County, New York. You’re next, sir. Hello.

CALLER: Hello, Rush. How you doing?

RUSH: Pretty well, sir. Thanks very much.

CALLER: I want to talk about Sarah Palin’s bus trip. You know, I guess you remember how many times Katie Couric waylaid her on the trip when she was running for vice president. Every place she showed up there was Katie Couric getting in her corner when she was in trouble and didn’t have time to move, didn’t have time to answer a question right, trying to trip her up, trying to give her a bad way to go. So she figures, you know, you fool me once, it’s my fault, fool me twice… I mean, you fool me once it’s your fault, fool me twice it’s my fault. She’s showing the other side of the coin now. She’s not telling where she’s gonna be so they can waylay her again.

RUSH: Oh, I see. Your theory is why she’s not telling them where she’s going?

CALLER: Yeah.

RUSH: So they can’t waylay her.

CALLER: Yeah. They got her three or four times on the last run.

RUSH: Well, you may have a point. I think she’s outlasted Katie Couric. I don’t think Katie Couric’s on the radar. “Katie who?” Katie doesn’t even have a job. Has Katie…? (interruption) Has she finalized that deal? She definitely has a talk show on ABC? Is she The Oprah channel? I don’t know where she’s got a show. I know that’s what she wants, I know she’s a talk show. Don’t know that it’s been finalized. I haven’t seen it. When does it start in 2012? What does her syndicated show start? The bottom line is, Sarah Palin is on her bus travel around with a media convoy following her, and we don’t know where Katie Couric is.

BREAK TRANSCRIPT

RUSH: Elwood in Jackson, Mississippi. It’s great to have you on the program, Elwood. How are you?

CALLER: Wonderfully well, sir. It’s an honor.

RUSH: Thank you.

CALLER: I wanted to respond to the guy that’s waiting for a miracle. If he hadn’t been at Walmart staring at the shopping carts he might have noticed the midterm elections were a miracle. The miracle is ongoing! I’m part of it. I worked phones for conservative candidates. I put out signs. I was a poll watcher, and my wife will tell you: Me doing something for which I’m not paid directly in cash is a miracle.

RUSH: (laughing) I like that. You know, this guy’s call… A lot of you people are angry at this guy, but he has served a purpose. If you needed to be fired up, the guy fired you up. Not saying you needed to be, but if you did need to be, having this guy call here and say, “It’s over! Chicago, media, we can’t win,” that’s all you needed. And I am so happy so many of you are just fit to be tied ’cause this guy is exactly right. The miracle is happening. November 2010 is when it started. The midterm elections. Why people can look success in the eye and not see it is amazing to me. But Elwood, you have hit the nail on the head. You’re exactly right. Thanks much for the call.

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