Story #1:Reverse Status Symbol: Ripped Off by Madoff
RUSH: I’m not going anywhere. The Madoff thing. I’m staying here. You know, it’s bad out there. This actually has become a status symbol. We were talking about public relations and the rich, and the phoniness with which they operate and so forth. It has now become a status symbol among the rich to say that you got ripped off by Bernie Madoff, because everybody is losing money in the market, everybody is, but it makes you special and unique if you lost money because of Madoff. These people don’t think it makes ’em look stupid. It continues to elevate their status, they think. So there are people actually saying, “No, I won’t be coming down to Palm, maybe a couple weekends this year but, you know, the Madoff thing, we’re not going to be able to be quite as active.” I’ve had people tell me that who heretofore I didn’t know they were involved in the Madoff thing, (laughing) it’s amazing.
Story #2: Seattle Environmentalists Halt Snow Removal
RUSH: Get this. This is just classic. It’s not record snow in Seattle; it’s close to it. They had a big snowstorm on Saturday night, Sunday morning in Seattle and then again Sunday afternoon. It was so bad that the New York Jets, who went out and promptly lost to one of the worst teams in the league, needing to win the game to further their playoff hopes –although that loss did set up a quite-interesting showdown at 4:15 Eastern Time Sunday afternoon as the Dolphins arrive in Giants Stadium to play the Jets. Nevertheless it was like a one o’clock game out in the Left Coast. It’s a game that ended actually a little early, I think at quarter ’til four. Because I’m a student of the game I happen to know that visiting teams try to be packed up, everything, and out the door an hour after the game.
Sometimes they’re not able to do it depending on how long the coach and the players have to spend with the media, but at least the equipment truck is gone. They just pack everything up. It’s a massive project to move an NFL team around but they get it done in about an hour, then they have to head to the airport. You can generally figure… It’s rule of thumb if you care about such things, and I’m a big logistics person so these things interest me. When you gotta move that number of people around and do it efficiently, it’s always fascinating to me how you do it. But an NFL team is generally at the airport, on the plane, and ready to leave two hours after a game. So local time, this would have been six p.m. in Seattle. The Jets’ plane did not lift off until around 11 p.m. local.
They were on the tarmac and the runway four or five hours because of snow, huge, unexpected — well, not unexpected. The forecast had it right, but they were not prepared for this kind of snow in Seattle. They have lots of rain, right, Snerdley? Snerdley used to live there. It was one of the most disappointing, miserable times in his life, he often recounts for us. So the Jets didn’t get back ’til like 6:30 on Monday morning. So I saw this story about the snowfall out there and how it’s backlogged the city. This is from the Seattle Times. Did you know this, Snerdley? “Seattle Refuses to Use Salt.” It’s not just that. They refuse to use salt. The Roads are “‘Snow-Packed by Design.”
It’s not just that they want to save their precious roadways. They’re worried about the salt runoff hitting Puget Sound. Look, fine. It’s an admirable goal — typical liberal bureaucratic idiocy, but admirable. Again, wonderful intentions, lousy results. Listen to this: “The city’s approach [of no salt and snow-packed roads] means crews clear the roads enough for all-wheel and four-wheel-drive vehicles, or those with front-wheel drive cars as long as they are using chains… The icy streets are the result of Seattle’s refusal to use salt…” In other words, folks, the people who run the streets in Seattle in snowstorms want them icy; and the only cars that can pass the roads after Seattle has “cleared” them are the cars liberals are trying to take outta your garage: SUVs, four-wheel drives, front-wheel drive, chains.
You think chains might do more damage to a roadway than salt would? “If we were using salt, you’d see patches of bare road because salt is very effective,” said Wiggins, the Department of Transportation chief of staff out there, Alex Wiggins. “We decided not to utilize salt because it’s not a healthy addition to Puget Sound.” Now, what is this? The only cars that can safely get around in Seattle after such snowstorms are the same cars these same liberals want to take away from everybody. (interruption) Puget Sound is made of saltwater, but it’s a delicate balance. It’s a very delicate balance. You know, man can destroy Puget Sound, Mr. Snerdley, with salt runoff from snow removal, the three or four times a decade they have to do it. These are very sensitive people. I’m surprised you’re questioning their actions.
Story #3:Market Falls as Putin Beats Obama in Drudge Poll
RUSH: When you get to your computer and you go to the Drudge page and you’ll be able to see the online poll between who is the hunkiest authoritarian socialist leader — by the way, Drudge is not presenting it that way. That’s the way I’m characterizing it. You’ve got Putin and the KGB and you got Obama. And right now, the vote is 52,000 plus have voted, it’s 33,000 to 19,000 for Putin.
The stock market is now down 60 points, after I reported the news Obama is losing the beefcake poll on the Drudge Report to Vladimir Putin for hunkiest socialist authoritarian leader. Putin is miles ahead of Obama, stock market down 60 points. Ladies and gentlemen, the purge has begun. And also, after a conversation with Snerdley here at the top of the hour break, I am stunned at his lack of understanding on certain things. Yes, a 60-point collapse in the stock market today after the Drudge Report ran a poll, still running the online poll, on who is the hunkiest authoritarian socialist leader, Putin or Obama. By the way, I mean, folks, both these guys, if you look at these pictures on Drudge, they’ve been body shaved. There was no way either of these pictures are accidental. Well, I mean, look at it.
When you look at the two pictures that Drudge has up there you’ll note that both Putin and Obama have body shaved their chests. They are hairless and looking for the sheen, you know. But what you’ll find is that Putin looks like a fully developed man as you would expect somebody in the KGB to look. Obama looks boyish. He looks beanpole-ish while he does have some definition. I think that’s why Obama’s losing this big time.
Story #4:Purge Begins: Madoff Fund Operator Found Dead
RUSH: Ladies and gentlemen, the purge has begun. Mere moments ago the body of a Madoff fund operator was found in his New York apartment. The name, de La Villehuchet. De La Villehuchet found dead in his apartment today, a Madoff fund operator. Of course, the active question here is was it murder or was it suicide? And this brings to mind that I miss Tom Lantos, a great immigrant to this country, Hungarian-Jewish, became a member of Congress, very elegant, erudite, refined and dignified. He was from Northern California, and I will never forget during the Craig Livingstone FBI file controversy in the White House that nobody could remember who hired Craig Livingstone. Craig Livingstone had custody of the 500 FBI files of Clinton enemies, but nobody could recall for the longest time who hired him. After a while it became very embarrassing for both the Clinton administration and the Democrat Party in general that Livingstone was out there cutting such a wide public swath. So they had him up to hearings about, oh, three weeks after a famous Navy admiral had committed suicide after it had been learned that he had falsified information to get medals that he had not deserved.
I will never forget Tom Lantos interrogating Craig Livingstone, who looked like he was in shell shock anyway. I mean, he was just obviously some flunky that was given custody of these things, and he was the fall guy. He was always intended to be the fall guy. So they threw him up to the wolves, and Lantos actually said to Craig Livingstone, (doing Lantos impression) “At least Admiral Boorda had the decency to commit suicide,” and Livingstone just looked like, “What the hell is this guy telling me? Boorda was a better guy ’cause at least he committed suicide?” Admiral Boorda committed suicide while Livingstone was continuing to walk free. So now we wonder if de La Villehuchet, the fund operator for the Madoff fund, found dead in his New York apartment today, was suicide or was it foul play? Regardless, ladies and gentlemen, the purge has begun.
I guess it could be safely said that de La Villehuchet simply wasn’t enjoying the new high status of being involved with Bernie Madoff. If you missed the first hour, folks, it is true, the rich that were involved with this guy are now using it as another status symbol in reverse. “Hey, are you going to be down in Palm Beach this season?” “Ah, not so much, you know, the Madoff thing,” implying that they’ve suffered some financial losses. A lot of Madoff people don’t want it known because they might have been involved, but those who had no involvement, they’re proud to now tell people because it was such an exclusive club, so they’re proud to admit their stupidity because everybody is losing in the market, it’s no big deal to lose, but it’s a status symbol to say you lost with Madoff — (laughing) — what a sick bunch.
Story #5:Three Drive-By Stories on Teens and the Economy
RUSH: Ladies and gentlemen, you remember, not long ago we chronicled the most amazing story. I was totally incredulous. There was a story from AP, and I shoulda known that it was only the beginning, it was not just a standalone story. The story was the dilemma that modern day parents have over how to approach their children during the holiday season in the midst of a recession. The story sought to advise parents on the various ways they could go. The two primary options were to not tell the children of how tough financial times are, just spend like it was last year. Don’t upset the fragile little beasts, they can’t handle it.
Or, confront them and tell them you’re not going to get as much this year, we’re going to cut back our spending.
(crumb-cruncher impression) “Why? Why?”
“Well, because there’s a recession and we just don’t have as much money.”
“Well, get some more.”
“No, it’s not that easy.”
There have been a couple follow-up stories, and today there are three more. From AP-Obama, first one headlined thus: “Teens Learning About the Economy First-Hand — Many say they have lowered their expectations for the holiday season.” It’s from Des Moines, Iowa. “Teenagers have never been known for their restraint, but perhaps these times are different. Tuned in to worries of a deepening recession, many teens say that they’ve been smart shoppers and have lowered their expectations for receiving gifts this holiday season. ‘I plan to spend less this year,’ said Shakara Walker, 18, a senior at Benjamin Banneker High School in Atlanta. ‘Since I’ve gotten older, it’s got to the point now where gifts aren’t everything.'” This kid made it to her senior year in high school and she says, “It’s got to the point.” She’s a senior in high school. At least her expectations have been tempered. Teenagers learning about the economy firsthand. How the hell else would they learn about it? Gee whiz.
Here’s the next story, and this could be any media outlet. This could be your local paper, could be a network. It happens to be AP-Obama, but could be anything. You parents are incompetent and unqualified. You do not know how to talk to your kids about money, and so, from the AP, I’m holding it right here in my formerly nicotine-stained fingers: “Five Tips for Talking with Teenagers About Money,” offered by our Drive-By Media parents. “Number one: Understand the difference between needs and wants. Many kids may consider movies and designer jeans needs, but they need to understand that needs are the true essentials — such as food, clothing and shelter. Wants can make life easier, but kids need to learn that they must address and pay for their needs before they can spend money on their wants.”
Now, I must take AP to task here because none of this is relevant, especially if these people voted for Obama because he’s gonna handle it all, he’s going to handle wants and needs. Seriously, is this not shocking? This is what passes for journalism? Hey, parents, we know you’re at wits’ end over how to deal with your kids about money and how scarce it is. Here are five tips. Tell them the difference between what they want and what they need. Can you imagine being such a low-life human being that you have to have the media tell you how to be a parent? If you are a parent and you see this story in your local paper, if you still have one, and you read this and it turns on lightbulbs for you, “Oh, yeah, I never thought of that,” you are sick, you are in bad shape and you need to go look yourself in the mirror and ask yourself why you had kids in the first place. Good grief almighty. Tell you your kids the difference between wants and needs. Yeah, that sounds like a good idea.
“Number two. Set financial goals and budget accordingly. One of the best ways for young people to learn about managing money is for them to set and achieve a simple financial goal,” like owning their first house of 5,000 square feet at age 21, with zero financing, brought to you by Barney Frank, Chris Dodd, and Freddie Mae, Fannie Mac, whatever. Set and achieve a simple financial goal? “Younger teens can benefit from opening a savings account and choosing something to save for.” By the way, I want to say something about this, ladies and gentlemen, because point number five here, “Start saving early.” Really? Really? Brian, you just had a little baby not too many months ago. Are you going to advise your little kid to start saving early? You are? You’ve started an account for him? You’ve got a passbook savings account in the local bank? You trust the bank?
You see, ladies and gentlemen, this is dangerous and risky. Two groups of people, let’s call them kids. One group had very strict, responsible parents who made them save as much as they could, and the parents were doing likewise. Another group of kids had parents that were just laissez-faire, go do what you want, and those kids saved nothing and they went out and bought a lot of stuff. Those kids still have their stuff. The other kids who saved have been wiped out. [snip] And the final Associated Press-Obama story on teenagers and money is headlined this way: “Your Teenager’s First Recession: Learning to Cut Back.”
Story #6: Dutch Company Punches Holes in Font to Save Ink
RUSH:Try this for stupidity, a little comedy. This is a story from the Associated Press from Amsterdam, the Netherlands. The headline really says it all: “Dutch Company Punches Holes in Font to Save Ink — A Dutch company looking for ways to reduce the environmental costs of printing has developed a new font that it says cuts ink usage by about 15 percent. In essence, the ‘Ecofont’ has little holes in the letters. … [C]ompany co-founder Gerjon Zomer … concedes the font isn’t beautiful, but says it could be adequate for personal use or for internal use at a company.” Holes in your font. Now, for you Obama voters, a font, think of it as typeset; like ABC on a typewriter or keyboard; and they put holes in every letter; an A with holes in it, holes in the B. There are even holes in the O even though the O already has its own hole.
This makes about as much sense as back during the Seventies when I was living in Kansas City. TWA had a huge maintenance center at Kansas City International Airport and they ran a test because jet fuel was skyrocketing, gasoline was skyrocketing. So what they did is they stripped all the paint off of two of their airliners because they figured the paint added weight. You paint an airplane and there’s a lot of weight there, and they flew these unpainted planes — other than the federal markings required for identification, the N number. But they flew these around with no paint on them, just the aluminum, to see if they could calculate any savings on jet fuel.
And, of course, there’s no way to know because no two flights are identical, with winds and such. (sigh) It was silly. And even if they had said, “You know what? We’re saving 1% here. Okay, the next time you fly to LaGuardia and they put you in a 45-minute hold before you land, you’re still burning up all that fuel you otherwise might have saved by having the plane not painted.” It’s the same thing with the stupid idiocy of putting holes in your font, all to save 15% on ink. I told you, folks, these leftists, they are hilarious. If you have the right frame of mind following these people around, you can enjoy yourself frequently.
Story #7:Far Out: Stoners Think Obama May Decriminalize Pot
RUSH: Hey, the stoner community is very happy out there. Esquire magazine with a report saying Obama really might decriminalize marijuana. This comes from sources on the transition team. [snip] Obama really might decriminalize marijuana, Esquire magazine. “The stoner community is clamoring to say it: ‘Yes we cannabis!’ Turns out, with several drug-war veterans close to the president-elect’s ear, insiders think reform could come in Obama’s second term — or sooner.” Apparently there are some transition team people that are telling the press, Esquire, that Obama wants to decriminalize marijuana.
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