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RUSH: Yeah, there was another riot at a Trump rally in New Mexico last night. The Drive-Bys are trying to portray it as a protest, but it was the usual leftist suspects rioting, and it didn’t affect Trump. I mean, they got inside. Trump dealt with them the way he deals with all of these protesters. He was unfazed. He was not impeded at all in getting his message out.

And Mrs. Clinton. Mrs. Clinton has decided to pick up Elizabeth Warren as a surrogate. You know something, folks? We have the sound bites coming up here. Elizabeth Warren went out there and attacked Trump for Hillary. And just here putting my objective analyst hat on, it was good, particularly when compared to Hillary. I think the more they have Elizabeth Warren out there, the more buyer’s remorse there’s gonna be on the Democrat side that she’s not the nominee, or that Crazy Bernie’s not the nominee.

Don’t misunderstand. I’m not suggesting that Elizabeth Warren is right or anything. It’s just that she sounded much more genuine and much more real and, actually, I think, had more credibility. As I put myself in the shoes of a liberal watching this, Hillary’s asleep compared to Elizabeth Warren or Bernie Sanders. She’s going through the motions of it. She’s sleepwalking. You know, Hillary is in one of these defensive modes where you don’t want to say the wrong thing, so you shut up. Plus Hillary knows the more she talks, the worse her numbers get. The more she shows up, the worse her numbers get. The less we hear from her, the better her numbers get. That’s demonstrably true.

But, nevertheless, Trump was unfazed. He said (paraphrasing), “Hey, did you see they sent Pocahontas out to attack me.” Can you see Paul Ryan doing that? Can you see Mitt Romney doing that? Can you see George W. Bush or Jeb Bush, (imitating Trump) “Hey, they sent Pocahontas out to attack me. Yeah, Pocahontas. You know why they call her that, ’cause she’s an Indian. She wanted to get special treatment at Harvard so she said she had the high cheekbones of an Indian, so we call her Pocahontas, Fauxcahontas.”

I mean, he’s just unfazed. Whatever they hit him with, Trump’s philosophy: If I’m wounded, or, if I think I’m wounded, I’m gonna fix the wound. I’m gonna unwound myself. And these people, remember where the Dems and the media come from on this. Everybody is subject to their training. Everybody becomes a prisoner to their conditioning. And, on the Democrat side, one of the things, whether they know it or not, that they have become conditioned to, is Republican incompetence and ineptitude in replying to allegations and charges. They are used to getting away with it. They are used to the media standing by them.

So your average Democrat candidate, like Dingy Harry, can go out and accuse Romney of not having paid taxes because some invisible friend told him. And the media says, “What is your proof?”

(imitating Reid) “I don’t need proof. You need to go ask Romney, why hasn’t he paid his taxes?” And they dutifully marched off and began to ask Romney why he hadn’t paid his taxes. Same thing with Romney and the War on Women. Romney’s in the middle of a debate, doesn’t know what’s going on, George Stephanopoulos asked him about contraception. “What?”

“Yeah, what do you think about contraception?”

“Blah, blah, blah, blah, no George,” bam, answer, War on Women was born. So the Democrats, my contention, my theory, the Democrats and liberals get used to being able to get away with this stuff. They can’t help it. It’s part of their conditioning. They level an allegation at the Republicans, the media pick it up and amplify it, and the Republicans stumble around, trying to figure out how to reply to it, usually turning to us on talk radio to limit the damage. But they don’t know what to do themselves so they just sit around, they ignore it.

Well, that doesn’t happen now. They launch their salvos like they have become conditioned to getting away with. So Hillary sets out and starts insulting Trump about how he profiteered during the housing crisis. And Hillary and her buddies, I’m sure, think that that’s gonna be the end of it. They’re gonna launch this devastating attack on Trump and the media is gonna amplify and back up that attack on Trump, and Trump, the Republicans, are not gonna know what to do about it, and even if they do reply, the media’s not gonna cover it, so they’ll get away with shaping the narrative.

But Trump does reply. And the media does carry what he says, against their own instincts. They don’t want to, but they do. They cover Trump 24/7. They don’t want to, they don’t like to, but they do it.

And so Elizabeth Warren had all of this stuff thrown right back at her, and Hillary is having this stuff thrown right back at her. They are not accustomed to it. They do not have the experience or the conditioning of the third reply. They get away with the initial charge and the subsequent Republican silence and embarrassment, and Republican prayers that nobody will hear it and it’ll all go away. Trump hears it, replies, throws the ball back in the Democrat court — in this case, Hillary or Elizabeth Warren — and they don’t have a lot of experience dealing with the third reply.

Now, they’ll get with it, but everybody’s a product of their conditioning, and this is gonna come back to harm the Democrats because their conditioning for years — for decades — is they get away with this stuff. For example, they can go around and they can talk about Romney back in prep school giving a guy an underwear noogie. How many years ago was that? Forty? They can go back and they can talk about Romney putting the family dog on the top of the station wagon, and it’s covered! It’s gone and researched, and long stories about Romney’s history in prep school and the fact that he was a little rich kid and how he got away with all this.

Reams and reams of stories.

And yet when somebody wants to talk about the Bill Clinton nineties, the CNN hosts circle the wagons; shut the guests down. “We’re not going there! It’s old news. It’s tawdry. We’ll not relive it.” Why not? Why don’t you want…? There’s no limit in what a Republican’s past you will go back and investigate and report, but why when it comes to Bill Clinton you will? And it happened four or five times yesterday on CNN alone, where CNN hosts and hostettes attempted to shut down any reference whatsoever to Bill Clinton and the nineties. It isn’t gonna fly.

BREAK TRANSCRIPTRUSH: Let’s get into this whole Hillary using Elizabeth Warren and Trump reacting to it bit. This is Hillary’s latest ad for a campaign website. The new ad says that Trump rooted for the real estate crash, and it uses 2006 audio of Trump where he talks about making money off a housing collapse.

TRUMP: I sort of hope that happens because then people like me would go in and buy. If there is a bubble burst, as they call it, you know, you could make a lot of money.

RUSH: From beginning to end, it’s totally true. From beginning to end, it is a businessman describing how he is going to take advantage of things that occur in the natural business cycle. There are bubbles; bubbles burst. There are housing bubbles. There are tech bubbles. There are any number of bubbles, real estate, you name it.

There are highs; there are lows. People that invest always want to buy at what they think is the lowest price, and that means they wait ’til something crashes, they wait ’til something bursts, and then they move in. And Trump is simply talking about it here.

Now, to a liberal, “Well, no, none of that is fair. There should never be a burst. There shouldn’t be any low. There shouldn’t be any high. There shouldn’t any competition. There shouldn’t be any pain. There shouldn’t be any suffering. There shouldn’t be any exultation. There shouldn’t be any happiness. That market should just be steady as rock so people could depend on it and nobody would ever get hurt.” That’s the way they look at it, and everybody knows how markets fluctuate, taking advantage of them obviously is a heel, obviously is a mean reprobate. And so, after playing that audio from Trump in 2006, Hillary Clinton then says this.

HILLARY: He actually said he was hoping for the crash that caused hardworking families in California and across America to lose their homes, all because he thought he could take advantage of it to make some money for himself.

RUSH: Yeah, Trump said, “I sorta hope that happens ’cause then people like me would go in and buy. If there’s a bubble burst, as they call it, hey.” Folks, welcome to the real world. I can remember, I was in Kansas City, and it was the early 1980s. Ronaldus Magnus had just been inaugurated and we are in a horrible recession that had its roots in the late seventies, the Jimmy Carter administration.

It was bad. It was bad. I was working for the Kansas City Royals at the time. I wasn’t making any money whatsoever. It was bad. And I can remember having conversations with people who said, “You know what? Instead of trying to stop this, let it happen, just let the plunge happen and let’s just start from rock bottom and rebuild everything,” which is essentially what happened.

All kinds of people got hurt. The fact that there are people out there like Trump and investors and so forth, is nothing new. But people don’t get hurt because of Donald Trump. The bottom line is people get hurt because of people like Hillary Clinton. People get hurt because of economic policies related to people like Barack Obama and Bill Clinton and Hillary Clinton and Elizabeth Warren. People are harmed by liberalism demonstrably and provably each and every day, each and every year. The evidence of the last seven and a half years of this Regime alone is mountainous.

Liberalism hurts. Liberalism causes suffering, all the while promising to alleviate it, all the while promising to end it. Liberalism spreads misery equally, or tries to. Liberalism doesn’t seem to elevate anybody. Have you ever seen it do that? Liberalism punishes people at the top. Liberalism punishes achievers. Liberalism stigmatizes people who achieve, either in the classroom, in the business world, the athletic field of play, whatever, they are stigmatized. It’s unfair. They need to pay a penalty for it, or they need to be penalized in some way, ’cause it isn’t fair.

Liberalism doesn’t raise anything. Liberalism doesn’t lift, by definition, it doesn’t do so. Liberalism acknowledges that misery is the best you can hope for and everybody ought to experience it. Liberalism promotes the idea that there isn’t any exceptionalism. Liberalism promotes the idea that there isn’t any real greatness. As Elizabeth Warren said (paraphrasing), “You didn’t build that. You didn’t make that happen. You business owner, you factory owner, you big success story, you didn’t make that happen. You didn’t build that. You couldn’t have done that without us.”

They deny success each and every time they can. They, therefore, have a deep resentment for people like Trump, who know how to capitalize on cycles in business. So, Hillary runs her attack ad claiming that Trump cheered on the housing collapse, which, by the way, her husband caused. It’s kind of an important point, folks. The subprime mortgage crisis, Bill Clinton, Janet Reno.

Bill Clinton, following the lead of Jimmy Carter, demanding that all of these banks lend money to people, mortgages to people that can’t ever pay it back, because the dream, the American dream of home ownership was being denied to low-income people. It wasn’t fair. And how can we have low-income people in homes when they can’t afford a mortgage? We give them the mortgage. We make the banks give them the mortgage. We end redlining, we end all this, anybody that wants one, gets one.

And the banks, unable to collect because they made loans to people that couldn’t pay them back, they were forced to, what’d the banks do? Well, they created new products, and they repackaged all of these worthless loans into things called mortgage-backed securities. What they really did, they’d go out and package hundreds of these subprime loans into a single package and go out and sell that package to, in many cases, unsuspecting buyers, who were told, “Look at this income stream we’re selling you. We’ve got hundreds of people making mortgage payments, you can’t lose on the deal.”

And they kept doing that until there were no suckers left to buy the worthless paper, and that’s when it blew up. It really isn’t any more complicated than that. It is, but if you want to know what happened, that’s exactly it. Bill Clinton, federal government demands banks lend money to people that can’t pay it back. In some cases the banks wanted to; in other cases they didn’t. But it was government policy that made this happen. The banks are sitting there with worthless money. They’ve got people that have mortgages and homes that can’t pay it back, so there were foreclosures left and right.

They sold these worthless mortgages to unsuspecting buyers who then, when they realized what they had bought, they repackaged them into some other new kind of product and sold ’em to other unsuspecting buyers. It took about eight years, and there were no suckers left. And poorhouses like Lehman Brothers couldn’t move their worthless paper, and so they don’t exist anymore.

And all of this happened under the guidance of the Clinton administration, under the premise that it’s unfair that people who can’t afford a home don’t have a home. That’s not right. That’s not fair. That’s not how Mrs. Clinton saw it. Let’s go back to 2007, December 5th. NASDAQ stock market, Senator Clinton speaking about the foreclosure housing crisis.

HILLARY: Now, who’s exactly to blame for the housing crisis? I think there is plenty of blame to go around. Home buyers who paid extra fees to avoid documenting their income should have known they were getting in over their heads.

RUSH: Oh! So now it’s the citizen’s fault, it’s the home buyer’s fault. That’s chutzpah. When was the last time you ever heard a Democrat blame the people for anything? Actually they do it a lot, but I mean this was blatant.

Now we get to Pocahontas. This is Elizabeth Warren, and I want you to listen. Forget what she’s saying for a minute. When the left, the media and everybody else, when they hear Elizabeth Warren out there on the, what would you call it, the warpath, Pocahontas, she’s on the warpath out there going after Trump, they’re gonna compare the way she sounds going after Trump to the way Hillary sounds, and they’re gonna have buyer’s remorse. So here is Elizabeth Warren last night in Washington, The Center for Popular Democracy’s annual gala, and she rips into the Trumpster.

WARREN: What kind of a man roots for people to get thrown out of their house? It is a man who cares about no one but himself. A small, insecure money-grubber who doesn’t care who gets hurt, so long as he makes a profit off it.

RUSH: What does she think Bill and Hillary Clinton are, for crying out loud? Anyway, Trump reacted to it by calling her Pocahontas. This is during his campaign event in Albuquerque last night.

TRUMP: Hillary Clinton has somebody. Did you ever hear of Pocahontas?

AUDIENCE: (rippling laughter)

TRUMP: Huh? It’s “Pocahontas” Elizabeth Warren. She said she was an Indian! She said because her cheekbones were high, she was an Indian, that she was Native American! And, you know, we have these surrogates — people like her, total failures — and I’ll tell you what. Our country is getting wise to what’s happening. It’s a big scam, and we’re all being scammed together, and we’re not gonna take it anymore, okay?

AUDIENCE: (cheering)

TRUMP: We’re not gonna take it anymore.

AUDIENCE: (cheering)

TRUMP: Pocahontas!

RUSH: The housing crisis was a big scam that they’re trying to lay off on people like Trump, and they’re trying to lay off on the buyers! And then Trump… By the way, you will never see any other Republican candidate get anywhere near this. “In the first place, she’s a woman. We can’t attack the woman! We can’t make fun of a woman! We can’t do that.” Well, Trump does. You know, I’ve got a story in the Stack here how Hillary has been advised by Emily’s List to drop the woman card.

Did you know that? She been advised drop the woman card. That’s like somebody telling Obama, “Drop the race card. It isn’t working.” Why do you think they’re telling her to drop the woman card? “Well, it isn’t working.” But why? Anyway, one more from Trump defending himself, mocking Hillary on the housing attack. It’s very fast. It’s 11 seconds. Again, at the Albuquerque rally…

TRUMP: You see this low-life? She puts out an ad (screeching impression), “Donald Trump is a terrible person, and he wanted to buy housing when it was at a low point!” Who the hell doesn’t?

RUSH: And we will be back.


RUSH: Well, no, Hillary’s been selling this “Woman Card.” She been selling it. It’s a miserable failure. It was a fundraiser selling for $1, and that’s one of the things that they’re being told by Emily’s List, “Drop it. Drop it. Get rid of it. It’s not worth it.”


RUSH: Let’s not forget, by the way… You know, Trump is gonna get on to this. If they keep sending Elizabeth Warren out there (and maybe even if they don’t), Elizabeth Warren was one of these house flippers. You know, she watched these shows with these guys driving around in Rolls-Royces telling everybody how they can be millionaires. She bought into it. She was flipping houses. She was flipping foreclosed houses for personal profit, and getting away with it.

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