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It was Barack Obama who went out on the campaign trail and told everybody he spoke to that his agenda was on the line, that you had to vote for Hillary if you wanted to continue the Obama agenda and that Obama\u2019s legacy was tied exclusively to his agenda continuing under Hillary. “So if you want to vote for more of me, the only way you can do it is vote for her.” And that\u2019s what he said. He put his legacy, his agenda on the ballot, and it was repudiated. It was blown to Sam Hill. It was obliterated. <\/p>\n
When you get right down to it, if Obama wasn\u2019t a narcissist and had even the slightest ability be honest with himself, it\u2019s one of the most embarrassing moments of his presidency. It was personally told to take a hike. Not me saying this. He put his agenda on the ballot. That was the reason to vote for Hillary. <\/p>\n
How to describe this. He believes all the hype about himself in the media. He really thinks that Americans are personally invested in him and his wife and his future and that the American people are personally desirous that Obama go down in history as being great. That\u2019s why he would say what he said on the campaign trail. <\/p>\n
Those are the kind of things I think a public figure must always maintain perspective and always keep in mind, that you\u2019re nowhere near as big as you think you are, particularly if you\u2019re on the left and the media is out there hyping you every day. The media\u2019s job respect is 6%.<\/p>\n
This is what happened to Obama. He puts his agenda out there, he begs people to vote for Hillary in order to keep his agenda alive. Look what happened. So this “blame the Russians” is as much to protect Obama as it is explain Hillary\u2019s loss. As far as the media\u2019s concerned — and do not doubt me on that — they love Obama. Obama\u2019s the only guy worth caring about the last 35 years. Historic, historical, you name it, all of this is about protecting Obama. <\/p>\n So here comes Janet Yellen raising interest rates as Obama\u2019s on his way out. Since we are in the midst of the Obama reclamation project, why would she be doing this? Let me make you a prediction, that she will do it because she says the economy is roaring, the economy\u2019s growing, we\u2019ve finally got it going, and we\u2019ve got to put a little bit of a brake on it.<\/p>\n It\u2019s good news, she\u2019ll say. This is gonna help unemployment. Main Street\u2019s gonna love this. Wall Street\u2019s gonna love this. We\u2019ve got economic growth, we\u2019re putting interest rates on. Interest rates will be portrayed as a brilliant, great maneuver this time, as opposed to the last time she slapped \u2019em on about a year ago, first part of this year, which was a disaster when she last time raised interest rates. <\/p>\n This is gonna be portrayed as an outgrowth of the Obama economic recovery. And if I\u2019m right — well, I know I am. Holy smokes, when I started this hour, the Dow was at 19,500. It\u2019s at 19,936. I know I\u2019m right. The Dow\u2019s gonna be at 20,000 by the end of the day because Wall Street and everybody is gonna assume that this is a move made in acknowledgment of the massive Obama recovery and economic growth. You mark my words. <\/p>\n Is it a bad thing? No. I think it\u2019s a little early to start talking about putting brakes on the economy, if you ask me. But this is what these people do. Their first objective, they claim, is to guard against inflation. So if the economy\u2019s growing and people are being hired, that\u2019s gonna produce ingredients for inflation, so we need to ratchet up the interest rates, just put a little bit of brakes on the economy. And I don\u2019t think the economy needs any brakes. I think it\u2019s starting to grow, then get out of the way, let it happen. But do not — folks, I say this a lot, but I mean it. Do not doubt me. They are trying to reclaim what is an embarrassing Obama eight years, as evidenced by this election. <\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":" RUSH: Janet Yellen has raised interest rates. So I can\u2019t ignore that. I have to talk about it, because we come here to meet and surpass audience expectations. So you\u2019re gonna hear out there, “Wow, the fed\u2019s are raising interest rates for the first time in jeez how long? What does that mean?” And you\u2019re […]<\/p>\n","protected":false},"author":70,"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":[1],"tags":[],"yoast_head":"\n![](\"\/wp-content\/uploads\/2016\/12\/ObamaLegacy-bust-b.jpg\"\/)