{"id":13790,"date":"2012-12-05T17:28:41","date_gmt":"2012-12-05T17:28:41","guid":{"rendered":""},"modified":"2012-12-05T17:28:41","modified_gmt":"2012-12-05T17:28:41","slug":"the_gop_seminar_in_surrender","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2012\/12\/05\/the_gop_seminar_in_surrender\/","title":{"rendered":"The GOP Seminar in Surrender"},"content":{"rendered":"<p>RUSH: Ladies and gentlemen, this morning there was a joint press conference that featured the so-called Republican leadership of John Boehner and Eric Cantor and about 15 other people that were standing there. I don\u2019t know why, but they were smiling. And what we got today was a seminar on how to surrender. It was weak. The Republicans have conceded the language. They have conceded the silly language of baseline budgeting. I think it\u2019s time for a re-teaching of what baseline budgeting is, because until that\u2019s addressed, all of this is smoke and mirrors. All of this fiscal cliff stuff, deficit reduction talk, there isn\u2019t any.<\/p>\n<p><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/BoehnerCantorFlags.jpg\"\/><BR\/>There aren\u2019t any spending cuts, even if they claim there are because of the current services baseline. All there will ever be until that\u2019s fixed is cuts in the rate of growth of spending. But there won\u2019t be any real spending cuts. And the Republicans showed today that they\u2019re not even interested in it. And now they\u2019re ceding the language. So now deductions are loopholes. You know what that sets up? That sets up the premise that 100% of income is subject to taxation and that everything that we might deduct from our overall gross earnings is a loophole, not a deduction, not a legitimate deduction. They just gave that away by conceding on the language here. A loophole is not a deduction, but it has become one.<\/line><\/p>\n<p>I mean, stop and think. When you think of a loophole in the tax law, what do you think of? You think of an unintended error that allows people to get away without paying their taxes. That\u2019s what you think a loophole is. Well, sorry. Now a standard, legal itemized deduction and everyone one of them have become loopholes. And such, they are subject to elimination. So now the premise of 100% taxation, the premise is now on the table. And all that means is that all money is Washington\u2019s, and what we end up with is totally up to their discretion and their big-heartedness or mean-heartedness, what have you.<\/p>\n<p>This seminar in surrender today also &#8212; we got the sound bites coming up, you\u2019ll hear it &#8212; validated the false premise that confiscating additional private property will result in greater tax revenue going forward. The Republicans have just given in. They have compromised, what have you, on the premise that raising taxes on the rich will fix the problem. They have conceded that the problem exists in part because the rich aren\u2019t paying their fair share. They must feel so squished, so defeated, so universally disliked. I think we all had a sense of this. The first few days after the election, you start listening to Republicans from the consultant class to the elected class, all talk about what they had to do to start winning elections. It basically was, &#8220;Well, we have to adopt the liberal premise on things without actually saying so. We gotta be open to amnesty, relax our views on abortion. We gotta concede that many of the Tea Party\u2019s a bunch of kooks,&#8221; all that.<\/p>\n<p>Well, it turns out that that apparently is exactly what they think they\u2019ve gotta do. Because once you concede the premise that taking private property from people is justified and will actually reduce deficits, \u2019cause it won\u2019t, it can\u2019t. The only thing that can reduce deficits is two things: economic growth and spending cuts. And nobody has anything on the table that\u2019s gonna promote economic growth, and of course nobody has anything on the table that\u2019s gonna result in any genuinely reduced spending.<\/p>\n<p>You know, if it weren\u2019t for the fact that my expectations going into this were so low to begin with, I\u2019d be really mad. But my expectations on this have been fulfilled. My expectations here thus have made it possible that I\u2019m not blowing a gasket here. I\u2019m sure some of you, contrary to me, probably had high expectations. You probably thought, &#8220;Well, we elected the Republicans. They know that they\u2019re the last wall of defense. They\u2019re the firewall.&#8221;<\/p>\n<p>Nope.<\/p>\n<p>Some of you, I\u2019m sure, are livid and outraged. Believe me, intellectually I\u2019m with you. Emotionally, my expectations on this were so low that I\u2019m not angry. In fact, they\u2019ve been met. Obama\u2019s gonna end up getting what he wants. We\u2019re using his language. We\u2019re now calling new taxes &#8220;revenues.&#8221; We have accepted the premise that &#8220;new revenues&#8221; will result in greater tax receipts going forward. Yeah, let\u2019s listen. Maybe I\u2019m wr&#8230; No. I was gonna say, &#8220;Maybe I\u2019m wrong.&#8221; (laughing)<\/p>\n<p>Here\u2019s Boehner on Capitol Hill, a little press briefing on the fiscal cliff&#8230;<\/p>\n<p>BOEHNER: If the president doesn\u2019t agree with, uh, our proposal and our outline, I think he\u2019s got an obligation, uh, to send one to the Congress &#8212; and a plan that can pass both chambers of Congress. If you look at the &#8212; the plans that the White House have &#8212; have talked about thus far, uh, they couldn\u2019t pass either house of the Congress. We\u2019re ready and eager to talk to the president and to work with him to make sure that the American people, uhh, aren\u2019t disadvantaged, uhh, by what\u2019s happening here in Washington.<\/p>\n<p><a target=\"_blank\" view=\"full\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13801\"><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaCliffBoehner.jpg\"\/><\/a>RUSH: Well, the problem, Mr. Speaker, is that Obama doesn\u2019t want to deal with you. He wants to go over the cliff. He doesn\u2019t want to deal with you, except to the extent he can get you to concede to him. He has no desire to deal with you. Here\u2019s Eric Cantor&#8230;<\/p>\n<p>CANTOR: They don\u2019t want to sit down with the president! We want to talk specifics. We put an offer on the table now. He has out-of-hand rejected that. Where are the specifics? Where are the discussions? Nothing is going on. Meanwhile, the people of this country are the ones that suffer. So we ask the president, &#8220;Sit down with us, be serious about the specifics of spending, so we can stop the wasteful spending in Washington and finally address the problem.&#8221;<\/p>\n<p>RUSH: Now, I&#8230; It\u2019s just the same old lingo. Those two bites do not feature the ceding of the language that I heard (i.e., &#8220;deductions&#8221; being &#8220;loopholes&#8221;). But again, in that sense, it\u2019s not just these guys. I mean, the Republican Party made that part of their presidential campaign. You know, Romney was suggesting that we could &#8220;raise&#8221; $1.2 trillion or something by eliminating deductions and so forth. By the way, I have it here somewhere.<\/p>\n<p>Obama, back in 2011, said, &#8220;No way,&#8221; or&#8230; Nah, where did he&#8230;? I thought I had it right here at the top. I\u2019m sorry, I don\u2019t. Obama has contradicted himself. Whatever he\u2019s saying today, he said just the exact opposite in 2011 about deductions and so forth. Which is instructive and informative only in the sense that whatever he\u2019s saying now doesn\u2019t matter and can\u2019t be trusted. He\u2019s out there saying, &#8220;The economy\u2019s poised to take off!&#8221;<\/p>\n<p>Sorry, the math doesn\u2019t work out. It just doesn\u2019t. It just isn\u2019t there. Let me take a break here. I\u2019ve got to anyway. I want to find this point of contradiction with Obama. There\u2019s a lot of other interesting stuff out there today. Folks, I\u2019m sorry, but this stuff, frankly&#8230; I don\u2019t want to disappoint you, but as I said: My expectations going into it were not very high anyway. So I\u2019m not all that surprised at the way this is shaping up and the way it\u2019s gonna end up going down.<\/p>\n<p>I\u2019ll be shocked, pleasantly so, to be wrong if indeed I am.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Okay, I found it. You know where I put it? I\u2019ve got three pages here on <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13783\">Ryan and Rubio <\/a>and the speeches they made at the Jack Kemp Foundation. The Kemp Foundation has an annual dinner to celebrate Kemp. They met at the Mayflower Hotel last night and it was obvious&#8230; Both Rubio and Paul Ryan, in their speeches, did everything they could to distance themselves from the 47% comment that Romney made.<\/p>\n<p>That really has got the Republican Party shaken up.<\/p>\n<p><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/RomneyMotherJonesVid.jpg\"\/><BR\/>I mean, everybody involved is flabbergasted.<\/line><\/p>\n<p>Bobby Jindal, Rubio, now Paul Ryan. They all are just flabbergasted over that, and they think it\u2019s one of the reasons Romney lost. So they\u2019re all making tracks to distance themselves from that whole 47% comment that Romney made and the premise that is behind it. Both their speeches, you could say, were an attempt to get out from under the legacy of that comment and make sure they have no contact with it, no relationship with it whatsoever.<\/p>\n<p>They don\u2019t agree with it, don\u2019t want any part of it.<\/p>\n<p>We\u2019ve got sound bites of both of their speeches coming up as well, as the program unfolds.<\/p>\n<p>Anyway, I had put this story about Obama underneath that, and here he is: &#8220;In negotiations on the looming fiscal cliff, Obama has been insistent on the matter of raising tax rates on the top 2%.&#8221; It was the top 1%, by the way. Now it\u2019s the top 2%. Remember he started out wanting $800 billion? After he won the election, he started flexing his muscles and jacked that up to $1.6 trillion.<\/p>\n<p>And Boehner has come along and offered $800 billion with the premise of eliminating &#8220;loopholes.&#8221; I can\u2019t tell you how the ceding of the language hurts. You know, the language matters. Words mean things, and to let the left have another word and totally co-opt it and destroy its real meaning&#8230; We\u2019ve just allowed it to happen here. So now every legitimate deduction is a &#8220;loophole.&#8221;<\/p>\n<p>From now on going forward, the mortgage interest deduction is a &#8220;loophole.&#8221; The charitable deduction is a &#8220;loophole.&#8221; The earned income tax credit\u2019s a &#8220;loophole&#8221; now. Well, you know what low-information voters think a &#8220;loophole&#8221; is. You know what people who file a one-page tax form think a &#8220;loophole&#8221; is. And the vast majority of Americans file a one page, the 1040-EZ form.<\/p>\n<p><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/ObamaTaxEVERYONECongress.jpg\"\/><BR\/>&#8220;How much did you make? How much will you give us? Here\u2019s what we\u2019re taking. Send it in.&#8221; And they\u2019re done with it. They don\u2019t know itemized deductions or the earned income tax credit. All they know is what they make and what they pay &#8212; which, in many cases, income tax-wise isn\u2019t much. But they hear the word &#8220;loophole&#8221; and they think tax cheat. And so now every legit, by law, itemized deduction is considered a &#8220;loophole&#8221; for the express purpose of eliminating them.<\/line><\/p>\n<p>Well, this is our private property we\u2019re talking about. Our money is as much our private property as anything else that we have earned and that we own. And Boehner has said (summarized), &#8220;All right, I\u2019ll give you $800 billion in new revenue.&#8221; They live in this world. They think, because of the election, that the American people want new taxes and want new &#8220;revenue.&#8221; I\u2019ll boil it down to the essence.<\/p>\n<p>It\u2019s clear that they have no interest in teaching conservatism. It\u2019s clear they have no interest in defending it or standing up for it or explaining it, even. And I think one of the reasons is that many of them really aren\u2019t conservatives. It used to be that &#8220;Republican Party&#8221; and &#8220;conservative&#8221; meant the same thing. I don\u2019t think they do anymore. It\u2019s been that way for a while. But they don\u2019t explain it. They don\u2019t take the opportunity to contrast it because they don\u2019t know it.<\/p>\n<p>It\u2019s like they or some consultants convince them that all they gotta do to win these precious independents or win the votes of people who are voting against them is go ahead and give them what they want, which is taxes on the rich. And &#8220;the rich&#8221; is now defined as $200,000 a year. Anyway, &#8220;In negotiations on this looming fiscal cliff, Obama has been insistent on the matter of raising taxes on the top 2%. In a Bloomberg interview yesterday, Obama said, &#8220;It\u2019s just a matter of math.<\/p>\n<p>&#8220;You know, there\u2019s been a lot of talk, that somehow we can raise $800 billion or a trillion dollars worth of revenue just by closing loopholes and deductions. &#8230; [T]hat\u2019s not a realistic option.&#8221; Yet it was just over a year ago, in the same negotiations with Republicans going on now on the debt reduction deal that never came to fruition, the White House proposed doing just that. They proposed $800 billion, raising revenue, by closing loopholes and deductions.<\/p>\n<p>Yesterday Obama says, &#8220;You can\u2019t do it! There\u2019s not that kind of money there.&#8221;<\/p>\n<p>A year ago he was all for it!<\/p>\n<p>Well, how do you negotiate with somebody like this?<\/p>\n<p>You don\u2019t!<\/p>\n<p>And then why do you beg somebody like this to come sit at the table with you and give you a proposal?<\/p>\n<p>Take it to him, for crying out loud!<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: All right, here is what Obama said in July of 2011. This was during another such negotiation as this. It wasn\u2019t a fiscal cliff negotiation, but it was a debt reduction deal. Debt limit, all that. And here\u2019s what Obama said in July of 2011. &#8220;What we said was give us $1.2 trillion in additional revenues, which could be accomplished without hiking tax rates. It could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could lower rates generally while broadening the base.&#8221;<\/p>\n<p>He said that a year ago. Now, he did not mean it. Remember, July \u201911, it\u2019s reelection time in their mind. He didn\u2019t mean it. He doesn\u2019t mean lower tax rates. He would never do it, but he talked about it. The important thing is, the take-away here is that in July of 2011 Barack Obama articulated the very deal Boehner has offered. After winning reelection last month, Obama said, to hell with that, and jacked up his demand to $1.6 trillion. He wants the Clinton tax rates back, which is close to 40% on the upper earners.<\/p>\n<p>Yesterday Obama said: &#8220;It\u2019s just a matter of math. You know, there\u2019s been a lot of talk, that somehow we can raise $800 billion or a trillion dollars worth of revenue just by closing loopholes and deductions. &#8230; That\u2019s not a realistic option.&#8221;<\/p>\n<p>Let me read these quotes again, back-to-back.<\/p>\n<p>Obama, July 2011: &#8220;Give us $1.2 trillion in additional revenues, which could be accomplished without hiking tax rates. It could simply be accomplished by eliminating loopholes, eliminating some deductions and engaging in a tax reform process that could lower rates generally while broadening the base.&#8221; That\u2019s July last year.<\/p>\n<p>Yesterday: &#8220;It\u2019s just a matter of math. You know, there\u2019s been a lot of talk, that somehow we can raise $800 billion or a trillion dollars worth of revenue just by closing loopholes and deductions. &#8230; That\u2019s not a realistic option.&#8221;<\/p>\n<p><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/RushGOPWalkAWAY.jpg\"\/><BR\/>Okay, so if you\u2019re Boehner and Cantor and these guys, which Obama do you deal with here? My point is you don\u2019t deal. This is like trying to get out of quicksand, herd cats, or swim in Jell-O. Whatever analogy that you want. Now, here\u2019s Boehner. This is also from the press conference this morning.<\/line><\/p>\n<p>BOEHNER: This week we made a good-faith offer to avert the fiscal crisis.<\/p>\n<p>RUSH: Yeah.<\/p>\n<p>BOEHNER: And that offer included significant spending cuts and reforms, and it included additional revenue.<\/p>\n<p>RUSH: Yeah.<\/p>\n<p>BOEHNER: And, frankly, it was the balanced approach that the president\u2019s been asking for. Now we need a response from the White House.<\/p>\n<p>RUSH: He\u2019s accepted the premise. This is my point. Okay, spending cuts will never happen, additional revenue, why don\u2019t we just call it taxes? &#8220;We\u2019ve agreed with the president to raise taxes $800 billion.&#8221; Why not just say that? Instead of this &#8220;new revenue&#8221; garbage. We\u2019ve already lost the word &#8220;investment.&#8221; &#8220;Investment&#8221; now means tax increase. &#8220;Investment&#8221; means more private property of yours taken away. If somebody could convince me that our budget problems were because we\u2019re undertaxed then maybe I\u2019d have a different view, but it\u2019s not. We do not have a taxation problem. We have got a wildly out-of-control spending problem. But we\u2019ve just accepted the premise.<\/p>\n<p>By the way, the new revenue that Boehner offered was $800 billion. Boehner offered exactly what Obama asked for last July, and Obama says, &#8220;Well, the math doesn\u2019t work out on that.&#8221; I\u2019ll tell you what it reminds me of. My first ever contract in this business was in 1986. I started in this business in 1967. So essentially it was 20 years before I had a contract. It was a big deal to have a contract. Not everybody did. It was a sign that you had advanced climbing the ladder and all that. I didn\u2019t have an agent. I don\u2019t have an agent now. Why give somebody 20%, 5%, whatever, when I can do it myself?<\/p>\n<p>At any rate, I am, quote, unquote, &#8220;in negotiations&#8221; with the general manager. And we set a meeting. We\u2019re in the middle of the talks, as it is said. We have a meeting scheduled for 7:30 one morning. My program starts at nine. I show up at 7:30, the general manager is in his office on the phone, puts his call on hold, said, &#8220;What are you doing here?&#8221;<\/p>\n<p>&#8220;I\u2019m here for our meeting.&#8221;<\/p>\n<p>&#8220;We don\u2019t have a meeting.&#8221;<\/p>\n<p>&#8220;Yeah, we have a contract&#8230;&#8221;<\/p>\n<p>&#8220;No, there\u2019s no meeting.&#8221;<\/p>\n<p>&#8220;What are you talking about?&#8221;<\/p>\n<p>He started thumbing through his calendar. &#8220;I don\u2019t have anything on the calendar here. I don\u2019t have time for you today.&#8221;<\/p>\n<p>I ran out, I said, &#8220;What the hell just happened?&#8221; It was a typical ploy. I didn\u2019t know what was going on. We all learn as we go through these things. It didn\u2019t take me long to learn what had happened, but at the moment I\u2019m thinking, &#8220;Did I get something wrong?&#8221; But what had happened was I had been put totally on the defensive. And what had really been conveyed was, &#8220;I don\u2019t care about you. You\u2019re not important. Why do you think I\u2019ve got a meeting with you? Who do you think you are?&#8221; That was the message.<\/p>\n<p>Well, that\u2019s all that\u2019s happening here. A year ago Obama had made the comment to Boehner. A year ago, $800 billion, we can raise that if we close loopholes. So Boehner offered it this year. &#8220;What are you talking about? The math doesn\u2019t work out. I don\u2019t know what you\u2019re talking about.&#8221; But to complete the analogy, if I would have acted then like the Republicans are acting today, I woulda walked out of the general manager\u2019s office, I woulda gone on the radio and started crying about it. &#8220;What do you mean? Come on, we were supposed to meet. Will you meet with me?&#8221; They\u2019re saying, &#8220;We\u2019ve submitted a proposal. All we want is the president to react to our proposal. We\u2019ve done what he wanted. Could he just submit a response?&#8221;<\/p>\n<p>I don\u2019t know, maybe they don\u2019t know or maybe they don\u2019t understand or they don\u2019t agree that what the president is trying to do is render them irrelevant. There\u2019s a lot of ego attached to positions of power in Washington, and it may well be that if you\u2019re Speaker of the House, it\u2019s inconceivable somebody would want to render you irrelevant, in your own mind. I don\u2019t know. I\u2019ve never been Speaker of the House. But I know egos. I\u2019ve been surrounded by \u2019em all my life and I have a healthy one myself, that\u2019s in check, by the way, contrary to popular opinion. (laughing)<\/p>\n<p>But, again, we\u2019ve ceded the lingo. We\u2019re now calling tax increases revenue. We\u2019ve agreed to $800 billion of revenue. We\u2019re accepting the premise that it\u2019s a tax problem and, yeah, that it\u2019s a balanced approach. And we\u2019re doing this with a guy that we know has run up the national debt $6 trillion in four years. This guy has added to the national debt more than all the previous presidents combined.<\/p>\n<p>Now, the Republicans also have a history, a behavioral pattern you can predict. They believe Obama won the election, that means he should get his judges and he should get his budget, and that\u2019s what it means. And, by the same token, when we win elections&#8230; except it never works out that way. You never hear the Democrats adopting our language. You never hear the Democrats abandoning their core beliefs and what they believe. In fact, when they lose, you\u2019d be hard-pressed to know it by watching the media and listening to the Democrats each and every day after they lose an election.<\/p>\n<p>Now, you notice that in July of 2011, Obama said that we could raise $1.2 trillion by eliminating loopholes. That\u2019s 50% more than Boehner says they could raise, $800 billion. Obama said you could get $1.2 trillion closing loopholes in July of 2011. So Boehner said, &#8220;Okay, well, here\u2019s $800 billion.&#8221; Obama said, &#8220;No, no, no, the math doesn\u2019t work out. You can\u2019t do that. I mean, that would mean eliminating the charitable deduction,&#8221; when in fact that\u2019s what he wants to do. You know, I guess my point is if we\u2019re gonna let him have his way, do it. Don\u2019t compromise yourself in the process. And don\u2019t make it look like his way is also yours.<\/p>\n<p>But look, that\u2019s just me, folks, I\u2019m just a guy on the radio here. I\u2019ve never done their job. It\u2019s easy to throw spitballs here from the peanut gallery. But there is a pattern. There is a pattern that\u2019s undeniable here in every debt deal that\u2019s negotiated, be it the debt limit, be it this fiscal cliff, be it the budget. There\u2019s a pattern, and it always involves us relaxing what we believe, due to the premise that we think we\u2019re hated and so we gotta do stuff to make people like us. I still think that\u2019s at the root of a lot of this, plus the fact that they don\u2019t know <a target=\"_blank\" view=\"line\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/?p=13799\">conservatism. <\/a>They really aren\u2019t conservatives, and thus taking the occasion, the opportunity to teach it, to be instructive, is really not relevant, either.<\/p>\n<p>Let\u2019s take a brief time-out. We\u2019ll be back, and &#8212; there\u2019s other stuff happening out there. We\u2019ll get to it when we get back.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: To prove my point, CNN is overjoyed. Here is their headline for their report on the Boehner press conference. You ready? Quote: &#8220;The Rich Will Pay More in Taxes, Boehner Says.&#8221; There you have it. And so you see, the Republicans have now agreed with the premise that the problem is that the rich aren\u2019t paying their fair share. We have just agreed with Obama\u2019s campaign premise.<\/p>\n<p>The rich aren\u2019t paying their fair share!<\/p>\n<p>The Republicans have agreed to this, they\u2019ve recognized this, and Boehner says those days are over. &#8220;The rich will pay more in taxes.&#8221; Now, some of you might be saying, &#8220;But, Rush! But, Rush! You know, the media would say that no matter what.&#8221; Nope. Not in this case. Not if Boehner and the Republicans had steadfastly opposed raising taxes on anyone. &#8220;But, Rush! But, Rush! They can\u2019t win that.&#8221;<\/p>\n<p><img class=\"aligncenter\" align=\"middle\" src=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/RushObamaCliff.jpg\"\/><BR\/>That\u2019s not the point. The point is what you stand for when this is all said and done. You have something to fall back on and go back to, in order to move forward. We\u2019ve just given away something that used to be part of our brand. &#8220;That\u2019s right, Rush, and the brand is what\u2019s killing us. Republicans love the rich, and Boehner knows it.&#8221; That could be at the root of this, too. It could be.<\/line><\/p>\n<p>These guys, elected Republicans, believe that the average American thinks that the only people the average Republican cares about are the rich. &#8220;Let\u2019s get rid of that! Let\u2019s raise taxes on them. To hell with it! I\u2019m sick and tired of being called a friend of the rich.&#8221; When in fact it\u2019s Obama who has all the crony capitalist deals with all the rich guys. Could be that. Whatever, it\u2019s defensive. And whatever, it\u2019s reactionary.<\/p>\n<p>It certainly isn\u2019t proactive.<\/p>\n<p>From the article: &#8220;Taxes on the wealthy are going up, House Speaker John Boehner conceded on Wednesday in challenging President Barack Obama to sit down with him to hammer out a deal for avoiding the fiscal cliff.&#8221; So you see, in the Drive-Bys now we got the framework for a deal! &#8220;Finally we\u2019re gonna blame the rich. We should have been doing that all along, and now Boehner\u2019s finally agreed. Okay, now we can move forward.&#8221;<\/p>\n<p>They\u2019re blaming the rich.<\/p>\n<p>The last group of people with any money in the private sector have now, officially, been targeted.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: All right, there it is up on CNN; &#8220;Obama Demanding Tax Hike on Wealthy,&#8221; and of course the Republicans agreed to do that today and actually earlier in the week, by reducing &#8220;loopholes.&#8221; But Obama\u2019s not gonna be content with that. He wants the rates to go up, too &#8212; make no mistake &#8212; and they will. Here. I\u2019ve got Obama in his own words, back-to-back. Let\u2019s go July 22nd at the White House. This is Obama, a press briefing on the debt ceiling talks at that time&#8230;<\/p>\n<p>OBAMA JULY 22, 2012: What we said was, uh, &#8220;Give us 1.2 trillion in additional revenues,&#8221; which could be accomplished without hiking tax rates but could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging in a tax-reform process that could have lowered rates generally by broadening the base.<\/p>\n<p>RUSH: That\u2019s last year, July of last year. &#8220;Yeah, we could raise $1.2 trillion just by closing loopholes and eliminating deductions.&#8221; Here\u2019s Obama yesterday&#8230;<\/p>\n<p>OBAMA DECEMBER 4, 2012: It\u2019s not me being stubborn. It\u2019s not me being partisan. It\u2019s just a matter of math. You know, there\u2019s been a lot of talk that somehow we can raise $800 billion or a trillion dollars worth of revenue just by closing loopholes and deductions.<\/p>\n<p>RUSH: Yeah, you did.<\/p>\n<p>OBAMA DECEMBER 4, 2012: But a lot of your viewers understand, uh, uh, that the only way to do that would be if you completely eliminated, for example, charitable deductions. Well, i-i-i-if you eliminate charitable deductions, that means every hospital and university and not-for-profit agency across the country would suddenly find themselves, uh, on the verge of collapse. So that\u2019s not a realistic option.<\/p>\n<p>RUSH: Yeah?<\/p>\n<p>Last year it was!<\/p>\n<p>Last year it was a totally realistic option, right out of Obama\u2019s mouth.<\/p>\n<p>This year, ain\u2019t no way. You\u2019d have to eliminate \u2019em all. And then he says, &#8220;Yeah, and what\u2019s wrong with that? Hee-hee-hee-hee. I\u2019ll gladly be the sole benefactor for hospitals! I\u2019ll gladly be the sole benefactor for universities. I\u2019ll gladly be the sole benefactor for nonprofits.&#8221; That\u2019s what he wants, anyway.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: Doug in Seattle. I\u2019m glad you waited. Great to have you on the program, sir. Hi.<\/p>\n<p>CALLER: Good morning, Rush, from sunny liberty sicko Seattle.<\/p>\n<p>RUSH: Yes, sir. Welcome to the program.<\/p>\n<p>CALLER: Well, 23-, 24-year-listener, first-time caller, first time I\u2019ve ever called a radio show in my life.<\/p>\n<p>RUSH: Oh, I\u2019m honored.<\/p>\n<p>CALLER: Got through to Snerdley on like the third ring, so unbelievable.<\/p>\n<p>RUSH: Well, I\u2019m glad you made it. Thank you, sir.<\/p>\n<p>CALLER: Thanks. Well, I agree that any tax hikes by Obama or the Republicans for that matter is not gonna solve anything, but I have an idea for a very simple plan, very understandable by even the American people. I know that\u2019s a tough nut to crack, and could put Obama in a bind. And here\u2019s the plan. Are you ready?<\/p>\n<p>RUSH: I\u2019m ready.<\/p>\n<p>CALLER: Very simple. You redefine middle class to about 400 to 500 K. That gives the people in the high-cost areas, New York, California, Washington state, you know, which really is middle class in a lot of those places, gets them into the middle class. You lower the tax rates for the middle class down to 15 or 20%.<\/p>\n<p>RUSH: They already are.<\/p>\n<p>CALLER: The maximum you\u2019re gonna pay is 15 or 20. If you want to make it lower for people in the lower middle class, or lower class, that\u2019s great, no problem. And here\u2019s the biggest thing. Any savings by the middle class, capital gains and gains they make, capital gains, dividends, interest if they have money in a bank or they own a bond &#8212;<\/p>\n<p>RUSH: Okay &#8212;<\/p>\n<p>CALLER: &#8212; anything they make in savings is tax-free, no tax ever.<\/p>\n<p>RUSH: I\u2019ve got to take a break here, but I\u2019ve actually thought of something similar to that. Be back in just a second.<\/p>\n<p>BREAK TRANSCRIPT<\/p>\n<p>RUSH: If there was no tax on savings, like our previous caller said, you\u2019d have to get out of the way for all the capital flooding into this country. Why do you think people go offshore? It is to escape this kind of stuff. There are clearly all kinds of ways to build up this economy. Obama\u2019s not interested and the Republicans ought not participate with him in his ideas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: Ladies and gentlemen, this morning there was a joint press conference that featured the so-called Republican leadership of John Boehner and Eric Cantor and about 15 other people that were standing there. I don\u2019t know why, but they were smiling. And what we got today was a seminar on how to surrender. It was [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The GOP Seminar in Surrender - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2012\/12\/05\/the_gop_seminar_in_surrender\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"The GOP Seminar in Surrender - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Ladies and gentlemen, this morning there was a joint press conference that featured the so-called Republican leadership of John Boehner and Eric Cantor and about 15 other people that were standing there. 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