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<\/p>\nRUSH: Charles Murray wrote a piece, and where did it appear? I think it might have appeared at National Review. “Capitalism (It\u2019s Not a Dirty Word).” It prints to four pages. Capitalism is solely responsible for the wealth of this nation and the wealth of every nation on earth. So his piece is about how in the world did it get such a bad name? It wasn\u2019t that long ago that capitalism was, if not specifically taught, the practitioners of it and everybody involved were praised. Now the capitalist is the enemy of the country, and Murray is trying to figure out how in the world did this happen? And he\u2019s got a couple of interesting theories. <\/p>\n
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One theory is that people do not understand how the capitalists on Wall Street make money, that people don\u2019t understand how the movement of money in financial markets benefits anybody. It\u2019s beyond their ability to comprehend. So they think of it as an insider game with a bunch of 1%-ers playing in a stacked deck that only benefits them. The second theory he has is most interesting, and it is that liberal capitalists are scared to death to admit that they are capitalists, and he talks about people like Buffett and Gates and Hollywood capitalists that are simply afraid to cite it for political reasons. Let me take a break and give you more specifics on what Murray writes about this \u2019cause it\u2019s timely. <\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: Okay, here are the relevant excerpts from Charles Murray. “I assign that timidity to two other causes. First, large numbers of today\u2019s successful capitalists are people of the political left who may think their own work is legitimate but feel no allegiance to capitalism as a system or kinship with capitalists on the other side of the political fence. Furthermore, these capitalists of the left are concentrated where it counts most. The most visible entrepreneurs of the high-tech industry are predominantly liberal.<\/p>\n
“So are most of the people who run the entertainment and news industries. Even leaders of the financial industry increasingly share the politics of George Soros.” They\u2019re all capitalists, but they won\u2019t admit it, and they don\u2019t want anybody to think that they are. Their own work is legitimate, but nobody else\u2019s is. Now, “Whether measured by fundraising data or by the members of Congress elected from the ZIP Codes where they live, the elite centers with the most clout in the culture are filled with people who are embarrassed to identify themselves as capitalists, and it shows in the cultural effect of their work.<\/p>\n
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“Another factor is the segregation of capitalism from virtue. Historically, the merits of free enterprise and the obligations of success were intertwined in the national catechism. McGuffey\u2019s Readers, the books on which generations of American children were raised, have plenty of stories treating initiative, hard work and entrepreneurialism as virtues, but just as many stories praising the virtues of self-restraint, personal integrity and concern for those who depend on you.<\/p>\n
“The freedom to act and a stern moral obligation to act in certain ways were seen as two sides of the same American coin. Little of that has survived.” There\u2019s not a whole lot of virtue associated with capitalism now. It\u2019s sort of been segregated. And again, he\u2019d cite the Hollywood left as examples and maybe some tech people. “To accept the concept of virtue requires that you believe some ways of behaving are right and others are wrong,” and that means being judgmental, and being “openly judgmental stand is no longer acceptable in America\u2019s schools nor in many American homes.”<\/p>\n
You don\u2019t have the right to tell somebody else what\u2019s right and wrong. There is no universal truth anymore when it comes to morality or right and wrong. Anybody who seeks to be judgmental in this way is going to be cast aside, castigated. People who are not desirous or able to politically analyze these kind of things are forever going to be in the dark when it comes to fully understanding them. Capitalism has almost been criminalized now by our popular culture, by the establishment culture.<\/p>\n
Capitalism propels the Democrat Party, and yet it\u2019s been criminalized when it\u2019s committed by others. The bad guys in movies and TV shows, even soap operas, are now capitalists. The mobsters, the terrorists, they\u2019ve all got special interest groups who\u2019ll protest if they\u2019re portrayed as bad guys now, and they will not allow that to happen. And there\u2019s even a romance that\u2019s been attached to the criminal who gets away with it. That\u2019s been popular for a while, particularly if the criminal who gets away with it is sticking it to traditional capitalist structures.<\/p>\n
So we\u2019ve done a 180 on this.<\/p>\n
The foundational building blocks that created the wealth of the world are now perceived as criminal, and the real greed and the real thuggery — which is now found in government — is what\u2019s celebrated as idyllic and sweet and soft, caring, compassionate, and so forth. It\u2019s very sad.<\/p>\n
BREAK TRANSCRIPT<\/p>\n
RUSH: Mort Zuckerman was on the syndicated McLaughlin Group yesterday. He\u2019s the editor-in-chief of US News & World Report and owns the New York Daily News. And he said that he\u2019s had direct personal contact with President Obama, and John McLaughlin said, “What is this ‘personal contact\u2019 you\u2019ve had with Obama?”<\/p>\n
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MCLAUGHLIN: You visited the White House!a<\/p>\n
BUCHANAN: (laughing)<\/p>\n
ZUCKERMAN: Yeah.<\/p>\n
BUCHANAN: (laughing)<\/p>\n
MCLAUGHLIN: You talked to him!<\/p>\n
ZUCKERMAN: That\u2019s right.<\/p>\n
MCLAUGHLIN: You\u2019ve been part of groups visiting the White House!<\/p>\n
ZUCKERMAN: That\u2019s right. They talked to me about it, and none of the programs which I proposed were adopted. (chuckles) Don\u2019t get me wrong. There\u2019s an old line, okay, that America used to boo the losers. This administration boos the winners.<\/p>\n
RUSH: “This administration boos the winners.”<\/p>\n
This is a guy who voted for Obama, Mort Zuckerman, and this is exactly what we\u2019re talking about. They boo the winners! They have the winners in their crosshairs. Look, we were talking about liberal capitalists here a moment ago, and Charles Murray\u2019s characterization. In many ways, these liberal capitalists are the crony capitalists. Now, a crony capitalist is a guy runs a company and gets involved with government. Like GE.<\/p>\n
They don\u2019t need any money, but they got $700 million from Obama to go play around with green energy. It keeps the government off GE\u2019s back — and if it\u2019s not your money, you\u2019ll take somebody else\u2019s do the work. It\u2019s fine and dandy. Crony capitalism. Get in with the government and they leave you alone. Government helps you turn a profit; helps you with your competitors. You know, a lot of liberal capitalists… I\u2019ll tell you something else about these guys.<\/p>\n
They are not like me.<\/p>\n
They\u2019re not the kind of people that want to share, who when they do well, they want everybody else to do well. When they do well, when they have what they want, they then think it\u2019s to their advantage for the government to make it more difficult for others to enter their markets. Crony capitalism. That\u2019s probably one of the best ways to define it. When they get what they want, after they\u2019ve scored, they then make deals with administrations through regulations of the industry that they\u2019re in.<\/p>\n
After they\u2019ve scored, after they\u2019ve already made their bounty, then they support regulations on their own business that prevent their competitors from entering the market. Or, if they\u2019re already in the market, from doing well as well. It\u2019s not simply an issue of naivete or political fear in the context of a liberal capitalist being afraid to admit it. It can also be a furtherance of self-interest in a nonmarket way, a way in which government is used to advantage them and them alone, against others.<\/p>\n
Now, the Obama administration is full, is replete with such examples. You dress up as green energy, or you obstruct possible fossil fuel energy versus Solyndra. You do everything you can to shut down the Keystone pipeline so that Warren Buffett\u2019s trains don\u2019t suffer. There are any number of ways these things happen. And then there\u2019s another characteristic. It\u2019s not all that prevalent, but it\u2019s out there, and that\u2019s people who are ashamed of their own success.<\/p>\n
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To run around and talk about how the rich aren\u2019t paying enough taxes and then run around say, “I\u2019ll be glad to pay more.” You\u2019ve inoculated yourself! You\u2019re no longer the evil rich. They love you. And you still have your money. You haven\u2019t given any of it away; you just say you want to. You haven\u2019t paid a higher tax rate; you just say you would support one. And then you become loved. Everybody hates rich people but loves you. You can have 15 giant yachts, the biggest yachts in the world, and have all the parties in the world.<\/p>\n
Nobody\u2019s gonna touch you, because you think you\u2019re not paying enough taxes. It\u2019s that simple. This business about rich businesspeople being Republican conservatives is such a crock, my friends. Because it isn\u2019t true. One of the really bad things that\u2019s happening in our culture is that achievement-oriented people don\u2019t have the guts to act proud of it. Successful people don\u2019t have the guts to act proud of it. Successful people don\u2019t engage in activity that\u2019s designed to inspire others to follow in their footsteps.<\/p>\n
Instead they act embarrassed of it, or they try to camouflage it and hide it. What crony capitalists simply do is, after they finish climbing the ladder of success, pull the ladder up with \u2019em so nobody else can get on it. That\u2019s the problem with crony capitalists. Government gives them the ladder and they climb up the ladder. After they get to the top, they take the ladder away. Nobody else can get on it and climb.<\/p>\n
And the market gets regulated in such a way that competitors are shut out. And nobody thinks it works that way. The average American with a high school diploma has no concept of that. They think what Obama wants \u2019em to think: The rich stole it, or stole the labor, or cheated somebody, or didn\u2019t pay fairly for something. That\u2019s what Obama wants you to believe. That\u2019s what Zuckerman is saying. This regime boos winners. A brief, obscene profit time-out. We do not act embarrassed here.<\/p>\n","protected":false},"excerpt":{"rendered":"
RUSH: Charles Murray wrote a piece, and where did it appear? I think it might have appeared at National Review. “Capitalism (It\u2019s Not a Dirty Word).” It prints to four pages. Capitalism is solely responsible for the wealth of this nation and the wealth of every nation on earth. So his piece is about how […]<\/p>\n","protected":false},"author":23,"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":"\n