{"id":13952,"date":"2012-11-14T17:55:28","date_gmt":"2012-11-14T17:55:28","guid":{"rendered":""},"modified":"2012-11-14T17:55:28","modified_gmt":"2012-11-14T17:55:28","slug":"obama_readies_his_revenge_on_the_rich","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2012\/11\/14\/obama_readies_his_revenge_on_the_rich\/","title":{"rendered":"Obama Readies His Revenge on the “Rich”"},"content":{"rendered":"

RUSH: Now, Obama\u2019s meeting with the CEOs.<\/a> This is being portrayed as Obama wanting to have dialogue. “He really wants to talk to these guys. He wants to learn from them. He wants to work together with them in order to come up with mutually agreeable policies, \u2019cause he\u2019s open to anything that will work.” Ahem. Instead, what\u2019s gonna happen is Obama\u2019s bringing the guys in there.<\/p>\n

He\u2019s speaking from a teleprompter and he\u2019s gonna read them the way world works. He\u2019s gonna tell them the way life is. He\u2019s gonna tell \u2019em what their future is. He\u2019s gonna let \u2019em say whatever they want to say and the meeting\u2019s gonna be over, and that\u2019s it. And what\u2019s he gonna do? If you wondered what he meant during the campaign by, “Get your revenge by voting,” this may be it.<\/p>\n

“President Obama is taking a hard line with congressional Republicans heading into negotiations over the year-end ‘fiscal cliff,\u2019<\/a> making no opening concessions and calling for far more in new taxes than Republicans have so far been willing to consider.” In fact, Obama is now claiming he wants to double the tax increases on corporations and the wealthy from what he claimed during the campaign.<\/line><\/p>\n

Maybe not quite double, but $1.6 trillion.<\/p>\n

That\u2019s the tax increase on corporations and the wealthy. This is the new tone, the new bipartisan spirit that he promised and what the American people voted for. “Obama is taking a hard line.” So these CEOs are being brought in today to be told what\u2019s what. “Obama plans to open talks using his most recent budget proposal, which sought to raise taxes on corporations and the wealthy by $1.6 trillion over the next decade…<\/p>\n

“That\u2019s double the sum that House Speaker John A. Boehner (R-Ohio) offered Obama during secret debt negotiations in 2011.” So Boehner offered to play ball. We\u2019re just learning this. Boehner offered to play ball on new “revenue,” $800 billion. Obama has come back in this new spirit of bipartisanship and a new tone that he promised us during the campaign and that the American people voted for.<\/p>\n

He now says, “You know, screw that $800 billion, Boehner! Screw you and screw the $1.6 trillion now. What are you gonna do about it? I won! Well, you want a select committee on Benghazi? Go right ahead. Go, go, go, and ask for it. I already talked to Harry Reid. You think you\u2019re gonna get to first base on that select committee? Yeah, Petraeus is coming up to testify. You really think he\u2019s gonna testify against me?<\/a><\/p>\n

“Ha-ha-ha! You guys keep on dreaming all you want. But I just tell you, you better get ready: $1.6 trillion in tax hikes. That\u2019s for openers, and then the next thing I\u2019m gonna do…” If you go to the end of this Washington Post story: “In addition to raising taxes, Obama proposed to [cut] $340 billion from health-care programs…” Exactly what the Republicans said during the campaign! We told you: He\u2019s going to cut health care. He\u2019s gonna take it out of Medicare and Medicaid.<\/p>\n

The Democrats said, “They\u2019re lying! How dare they lie about our president? He would never cut health care.” It\u2019s his bill. He\u2019s cutting health care by $340 billion. All these “fact-checkers” told us that cuts to health care programs are a Republican lie, as is saving $1 trillion from ending of the wars in Iraq and Afghanistan. That\u2019s a lie. Those savings, if you even call \u2019em that (I don\u2019t even concede that), were factored in long time ago.<\/p>\n

Even in this story, even in this story guess who is blamed for the current economic plight that we are in? Bush! George W. Bush is blamed even in this story. The reason Obama has to take these drastic measures is because of the irresponsibility of the Bush administration. So everything that you and I suspected that Obama would do is happening. Massive tax increases that will totally shut down economic activity.<\/p>\n

This $1.6 trillion in taxes on corporations and the wealthy is in addition to the Obamacare taxes<\/a>. “Obama has been pressing to let the George W. Bush-era tax cuts expire at the end of the year for the wealthiest 2% of the nation\u2019s households, a tax hike adamantly opposed by Republicans. But Carney suggested that even the revenue generated by letting those tax cuts end would not be enough to tame the national debt and…”<\/line><\/p>\n

No kidding! Of course it isn\u2019t. Do you know how much money is raised by eliminating the Bush tax cuts? It\u2019s $824 billion. We\u2019re now looking, ladies, at our fifth trillion-plus-dollar deficit. So all during the campaign we shouted our lungs out, we shouted from the mountaintop, “You cannot reduce the deficit, you can\u2019t even make a dent in the deficit by letting the Bush tax rates expire! There\u2019s not enough money. You can\u2019t do it.<\/p>\n

“In fact, if you confiscate all the money the rich have over a million dollars, you run the government for six weeks and then you\u2019re out of money. That\u2019s how much money we\u2019re spending. That\u2019s how much money that we are watching go out the door and how much money we\u2019re borrowing,” and now the regime admits it! Jay Carney admits “even the revenue generated by letting those tax cuts end would not be enough.”<\/p>\n

That\u2019s why we have to raise them even more!<\/p>\n

It\u2019s exactly what was said during the campaign. It\u2019s exactly what we said. But the bottom line is, folks, this has nothing to do with generating or gaining more revenue, because it won\u2019t. This is gonna shut down the engine that produces and creates wealth, which creates revenue. This is nothing other than punishment. This is the “revenge” that Obama was talking about in the campaign.<\/a> This is punishment of the rich, punishment of the successful. Because “the rich,” in his world, are defined as 200 grand a year and up.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Now, Obama\u2019s meeting with the CEOs. This is being portrayed as Obama wanting to have dialogue. “He really wants to talk to these guys. He wants to learn from them. He wants to work together with them in order to come up with mutually agreeable policies, \u2019cause he\u2019s open to anything that will work.” […]<\/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":"\nObama Readies His Revenge on the "Rich" - 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:\/\/admin.rushlimbaugh.com\/daily\/2012\/11\/14\/obama_readies_his_revenge_on_the_rich\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama Readies His Revenge on the "Rich" - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Now, Obama\u2019s meeting with the CEOs. 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