{"id":25390,"date":"2007-04-25T01:01:01","date_gmt":"2011-05-19T05:35:40","guid":{"rendered":""},"modified":"2011-05-19T05:35:40","modified_gmt":"2011-05-19T05:35:40","slug":"media_doom_gloom_on_dow_13_000","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2007\/04\/25\/media_doom_gloom_on_dow_13_000\/","title":{"rendered":"Media Doom & Gloom on Dow 13,000"},"content":{"rendered":"
\n

RUSH: To Vancouver, this is Doug. Nice to have you with us, sir. Welcome.<\/p>\n

CALLER: I\u2019m pleased to talk with you, Rush. Long-time listener, first-time caller. My brother Dean in Minnesota actually introduced me to your show a few years ago, but anyway straight to the point. You mentioned earlier about the Drive-By Media and the doom and gloom of the Dow hitting 13,000? Well, I\u2019ll tell you what. Last night I was watching Brian Williams. I don\u2019t remember which network he\u2019s on, but —<\/p>\n

RUSH: Wait, wait, wait, wait. Now, that\u2019s not true.<\/p>\n

CALLER: (Laughing.) That was a joke, Rush.<\/p>\n

RUSH: It\u2019s NBC.<\/p>\n

CALLER: (Laughing.) Okay. But anyway, they\u2019re doing this story about how capitalism is flourishing in Russia, and people are, instead of standing in bread lines, they\u2019re buying cars, and instead of standing in bread lines they\u2019re going to coffee shops.<\/p>\n

RUSH: They\u2019re also being murdered if they criticize Putin.<\/p>\n

CALLER: Well, yeah, and all they could do was talk about — they interview this liberal that\u2019s talking about — how bad it is that everybody\u2019s not sharing in this. In the meantime, the economy is just roaring. They can see gloom and doom in everything, even the fall of communism and the rise of capitalism! I was just dumbfounded to sit there and listen to them describe how bad it is that people are buying new cars.<\/p>\n

RUSH: You have to understand the context in which Drive-Bys report this stuff. They\u2019re not excited about the fact that capitalism is succeeding in Russia. When that news is received by the editors in the newsroom, that\u2019s, ‘Wow, capitalism is working! Wow, we got to report this!\u2019 That\u2019s not it. You have to understand: going back 50 years, Drive-Bys, little Democrats (liberals, period), have always admired the Soviet Union, particularly when it was a communist nation. They really loved it then. They\u2019ve always had a soft spot in their heart that Russia coulda, shoulda been something. ‘If they\u2019d just had more time, that communist nation could have revolutionized the entire world and showed us all how to do it,\u2019 and now Russia is coming back? It\u2019s a way of pointing out how great Russia is doing against how rotten the middle class in America is. <\/p>\n

We\u2019ve crossed the 13,000 number at the Dow industrials. The Drive-Bys are not reporting this. I will guarantee you, if Algore or John Kerry were president, and this were happening, this would be all that would be on the news today. ‘The Dow Jones Industrial Average is over 13,000! It\u2019s setting records,\u2019 and so forth. But today, in the New York Times and other places, we\u2019ve got stories on the squeeze that\u2019s occurring to people in the middle class, the inequities, the wage gaps, the unhappiness, the fear over the loss of jobs, the fact that we\u2019re just one paycheck away from being homeless. So many Americans are being left out! Wall Street may be doing well, but Main Street is in the toilet, and it\u2019s a problem, and what are we going to do?<\/p>\n

Everything in America has to be chaotic. There has to be tumult. There cannot be happiness or contentment. So the good news here on Wall Street (if it\u2019s not being ignored, which it is for the most part) will be reported as a class thing. ‘The rich are getting richer. The middle class is getting squeezed! They\u2019re being stolen from,\u2019 and so forth and so on. But, you know, don\u2019t worry about this because like the headline I saw this morning, ‘Strong corporate profits boost Dow Jones industrials over 13,000 points for the first time,\u2019 but have no fear, folks, the Democrats have every intention of changing that in 2008 when they get elected. They\u2019re not going to stand for this! The Dow has to come down, and they\u2019ll do it by raising taxes. They\u2019ll impose nutty environmental wacko rules; they will investigate the companies for these ‘obscene profits\u2019 that are being made, and they will drive down the economy — and they\u2019ll blame Bush for it. Even now, the fact that Wall Street is over 13,000, but Main Street is… They probably don\u2019t even have the numbers. It\u2019s probably a minus number for Main Street in their mind. That will be Bush\u2019s fault, too. <\/p>\n

That will be portrayed as Bush\u2019s fault for ‘the gross inequities\u2019 and ‘the gaps between the haves and the have-nots,\u2019 which is a fabricated story. It is not the case that the wage gap is widening, that the income gap, and that the gap between the wealthy and the poor is rising. It is not. These are contrived numbers. It depends on how you look at it, and they\u2019ve found the way to look at it to make it happen. This shows how the media and the Democrats are one and the same and how they create or ignore or manipulate news. I\u2019m just telling you, if there were a Democrat president right now and this were happening, this would be the greatest economy ‘since Clinton,\u2019 and they\u2019d be debating: ‘Is this economy better than the Clinton economy?\u2019 Both would be great! Both economies would be the fabulous, greatest economies US has ever known. That would be the question. Now they\u2019re doing their best to ignore it or to characterize it in a way that\u2019s not realistic. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Jim in Asheville, North Carolina, hello, sir. Welcome to the EIB Network.<\/p>\n

CALLER: Hey, Rush. What an honor. Mega dittos to the People\u2019s Republic of Asheville.<\/p>\n

RUSH: Thank you, sir.<\/p>\n

CALLER: Hey, Rush. You had made a comment, and I just wanted to call in. The wage gap and —<\/p>\n

RUSH: There is no wage gap. I love the wage gap! The wider, the better.<\/p>\n

CALLER: I do, too. In fact, I don\u2019t think the wage gap is wide enough, and I think the Senate and Congress should do something and address it, because, Rush, the closer that wage gap is, the less incentive people have to pull themselves up to the next level —<\/p>\n

RUSH: Well, I agree, but —<\/p>\n

CALLER: — whether that\u2019s education —<\/p>\n

RUSH: I need to explain what you mean. Folks, when he says if the wage gap narrows, what he means is they\u2019re going to start taking money away from the wealthy — and in your view that\u2019s going to eliminate a lot of people\u2019s chance to get into that group of people. Once there\u2019s no difference, there\u2019s no incentive to move up. Everybody will be the same. That\u2019s what you\u2019re saying. It sort of defies human nature. There\u2019s always going to be a group of people that will outperform others. No matter what rules and regulations and taxes there are, there will always be people that do that. They\u2019re always going to be hated. They\u2019re always going to be held up as targets. They\u2019re always going to be accused by the liberals of stealing from the poor and the middle class and so forth, but you\u2019re making a good point.<\/p>\n

CALLER: Basically what they\u2019re doing is taking away incentives and dreams. I just really would like to see the wage gap be correctly defined as the difference between ‘hard work and education\u2019 and not having those two things in your r&eacute;sum&eacute;.<\/p>\n

RUSH: Well, I agree with you. They are defined that way in a number of places, just not where you want to see it. Folks, it\u2019s time for a reminder — and I don\u2019t mean this to be a downer — but you want to see things and read things in the Drive-By Media that you\u2019re not going to see or read there. Too many people are defining progress or success by defining how the Drive-By Media might be coming around. That\u2019s not going to happen. They run on action lines and templates that are forged early in their lives as liberals. They go to journalism school; they\u2019re cemented even further. They are who they are. They\u2019re not to be persuaded so much as to be conquered. They are to be dwarfed, and that\u2019s what this is all about. We\u2019ve only been at this since 1988, and a tremendous amount of progress has been made since then. But they still have a whole lot of power. Not as much as they used to have. <\/p>\n

It takes them a lot more time to effect and move public opinion than it used to, but they can still do it. On an economic story, any economic story with a Republican in the White House where the news is good, that\u2019s not what you\u2019re going to get. You\u2019re going to get stories of misery. They\u2019re gonna find people that are not doing well, that are miserable and unhappy and have been fired or laid off by some evil boss, and a company that may be just going gangbusters and through the roof but they don\u2019t care about their employees. It\u2019s written in stone. This is who they are and what\u2019s going to happen. Ever since Bush was inaugurated back in 2001, the economy has been a story they\u2019re not interested in unless they could pin the recession on Bush, unless they could pin two million jobs lost since Bush was inaugurated. That\u2019s just who they are and that\u2019s what they\u2019re going to do and if you\u2019re looking for that to change, you\u2019re setting yourself up for perpetual disappointment.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: To Vancouver, this is Doug. Nice to have you with us, sir. Welcome. CALLER: I\u2019m pleased to talk with you, Rush. Long-time listener, first-time caller. My brother Dean in Minnesota actually introduced me to your show a few years ago, but anyway straight to the point. 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