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RUSH: Joe Walsh, up-and-coming, rising star in the Republican House of Representatives, he is from Illinois. He held A Cup of Joe with Joe Walsh meeting with his constituents last Sunday in Gurnee, Illinois. And during the Q&A one of his constituents said, “Look at the people, Paulson and whoever else that keep going from big bank to the government, then they go back to the banks, they just keep rotating government to big banks,” and Walsh had had enough.

WALSH: I agree with you about that. That’s not the problem. The problem is you gotta be consistent. And I don’t want government meddling in the marketplace. It’s not the private marketplace that created this mess. What created this mess is your government, which has demanded for years that everybody be in a home. Don’t blame banks and don’t blame the marketplace for the mess we’re in right now. I am tired of hearing that crap. This pisses me off. Too many people don’t listen. There are already mechanisms in place to do that. Are they doing their job? No. But what do you want to do? You want to bombard ’em with more regulations, more government. Government screwed this problem up. What do you want? You know what you’ve got? No, you know what you’ve got? You’ve got Dodd-Frank, you’ve got Dodd-Frank now that’s tying everybody’s hands. You want more reform, more regulation, that’s what you got. John, do you want more regulation? Is that what you want? Do you want Dodd-Frank? Is that what you want? I need more coffee!

RUSH: Joe Walsh, Republican from Illinois trying to pound home to his constituents just who was and who wasn’t responsible for the housing mess, the subprime mortgage loan, because he got a question, “Look at these bankers, they keep going from the bank to the government and it’s a revolving door,” and it isn’t. But they’re not the problem. It was your government.

BREAK TRANSCRIPT

RUSH: Andrew driving on the road somewhere, welcome to the EIB Network, sir, hello.

CALLER: Rush, thank you so much for taking my call.

RUSH: You bet.

CALLER: I’m a Joe Walsh constituent, and I’m a supporter of Joe Walsh.

RUSH: Yeah.

CALLER: And what I want to say about that is we need more Joe Walshes. Those are the independent conservative voices in Congress that are going out there and —

RUSH: Right.

CALLER: — saying the hard things.

RUSH: Andrew, hang on a minute. You’re calling two and a half hours here after it and I want people to know what you’re talking about. Grab sound bite number one, Mike, play it, and then Andrew, you can then start again telling us what you think. Here’s Joe Walsh, member of Congress, Illinois, recently talking to a group of his constituents.

WALSH: I agree with you about that. That’s not the problem. The problem is you gotta be consistent. And I don’t want government meddling in the marketplace. It’s not the private marketplace that created this mess. What created this mess is your government, which has demanded for years that everybody be in a home. Don’t blame banks and don’t blame the marketplace for the mess we’re in right now. I am tired of hearing that crap. This pisses me off. Too many people don’t listen. There are already mechanisms in place to do that. Are they doing their job? No. But what do you want to do? You want to bombard ’em with more regulations, more government. Government screwed this problem up. What do you want? You know what you’ve got? No, you know what you’ve got? You’ve got Dodd-Frank, you’ve got Dodd-Frank now that’s tying everybody’s hands. You want more reform, more regulation, that’s what you got. John, do you want more regulation? Is that what you want? Do you want Dodd-Frank? Is that what you want? I need more coffee!

RUSH: Now, that’s Joe Walsh. That’s passion. People like passion. The media, by the way, Andrew, the media is really, really ripping him here for using those words, like “crap” and “P’d off.” Meanwhile, the Wall Street people can actually pee on people and nobody says a word and this guy talks about it and they give him grief.

CALLER: Yep. And the thing is, Rush, is that he is an up-and-coming leader and I don’t think the mainstream Republicans want that. I think they want people to just sit down, shut up, and get in line, and that goes back to what happened in 2010 in the Senate. They didn’t like the candidate from Delaware, they didn’t like the candidate from Nevada, and if you think about it, Dingy Harry still had to call in his union buddies to try to get elected. I mean, if our Republican, quote, unquote, leaders who are supposed to be these smart individuals would get behind the candidate the people want, the true conservatives want, this wouldn’t be a issue. And it pains me to say that because our leaders are not supporting the true conservatives in our movement right now, and it’s frustrating.

RUSH: Well, but they haven’t. They didn’t support Reagan until they had no choice. And then they all wanted to be part of the action when Reagan was profoundly successful. But then when Reagan was defeated, Reagan people were summarily dismissed and demoted and gotten out of the White House when the Bush 41 team moved in there, so this is nothing new. You’re just learning about it for the first time. It’s something that’s really not been exposed, and it’s something that hasn’t been this obvious. And what’s making it obvious is Obama.

I have to tell you something. The war within the Republican Party between the so-called establishment conservatives has always been going on. Gerald Ford versus Reagan, it was big in ’76, and ’80. What’s brought it home here is Obama, because you and I think that if there’s a anything that’s gonna unite the Republican Party, it would be this! And it doesn’t. And we can’t believe it. I mean we’re now asking ourselves, if Moscow took over this country, if Putin came in, if we went full-fledged, no question about it wall-to-wall communism, would the establishment Republicans want to do something about it? Or would they want to share power? (interruption) How would it be different than what’s happening today? Because these guys today, the communists, they’re still trying to say that they’re not. They don’t even want to be called liberals. They want to be called Democrats or progressives or what have you.

But this is my point. This is why so many of you, like old Andrew out there, don’t understand it. It doesn’t make a lot of sense if you don’t have a base of knowledge entering this arena with. If you happen to be believing in politics 101, where one party’s unified against the other party and it doesn’t work that way, and then you have the most polarizing figure ever to hit the White House, at least in the modern era, at least in our lifetimes, and that doesn’t produce unity? It does leave people scratching their heads. And matters of the economy and people losing their jobs like this, and you still find Republicans trying to discredit conservatives? Then you realize it’s not about the country, these arguments. These are about primacy, power, and so forth, within the party. Then you realize that’s always been the case. Reagan said, you know, people told him, why don’t you go third-party? No, no, no, no, no. Guaranteed loser. We have to take over the Republican Party. And he got as close as anybody else has on the conservative side to doing it. And it’s what needs to be done today.

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