{"id":30460,"date":"2008-09-22T01:01:01","date_gmt":"2011-05-19T03:20:14","guid":{"rendered":""},"modified":"2011-05-19T03:20:14","modified_gmt":"2011-05-19T03:20:14","slug":"obama_s_scary_four_point_plan","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2008\/09\/22\/obama_s_scary_four_point_plan\/","title":{"rendered":"Obama\u2019s Scary Four-Point Plan"},"content":{"rendered":"
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RUSH: Do you remember that two-minute ad that we played last week, Obama\u2019s quasi-presidential address? I went back through that, ladies and gentlemen, because a lot of that had to do with his four-part solution for dealing with the financial crisis. I want to go through Obama\u2019s four-part solution here for you to reiterate the brilliant comments that I just made. Investor\u2019s Business Daily, they are running some killer editorials lately. IBD, they\u2019re just amazing. ‘Point one, Obama calls for subsidies to ‘working families\u2019 …\u2019 Now, keep in mind this is his solution to the whole bailout thing that we\u2019re talking about. The idea that these people have a limitless amount of money to spend is just front and center. They don\u2019t think there\u2019s any limit whatsoever on what they can spend! Listen to these items. He ‘calls for subsidies to ‘working families\u2019 to beat high food and energy prices.\u2019<\/p>\n\n\n
Now, the very basic fact is that: ‘High food and energy prices are not helped by subsidies but by more supplies.\u2019 I honestly think that he hasn\u2019t the slightest clue about economics. I don\u2019t think he does. I don\u2019t think he can speak on his own. I think he regurgitates what he\u2019s been taught, what he\u2019s been told to say. I don\u2019t think the guy has an original thought. I think ever since he turned himself over to the street mobs in Chicago and the Ayers and Wright types, I think he ceased to exist whoever he was. Subsidies? What, we\u2019re going to pay people to go out and buy supplies of energy and food that are not increasing \u2019cause Obama is not doing anything to increase those<\/p>\n<\/td>\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

supplies economically? ‘The real solution is to force a Democratic Congress to allow domestic drilling for oil.\u2019 If we allowed domestic drilling for oil, you could say goodbye to rising gas and food prices!<\/p>\n

‘Point two, dubbed ‘mutual responsibility and reciprocity,\u2019 calls for banks to subsidize bad borrowers to ‘protect homeowners and the economy.” Well, the truth is, ‘This would eliminate personal responsibility,\u2019 and this is exactly what they want to do! They want to eliminate personal responsibility so that you transfer it to the government. The government would be guarantor, protector, defender, and all of these things. ‘Third, Obama seeks ‘new oversight and regulations of our financial institutions.\u2019 That means forcing new bureaucracies and regulations into the private sector, the very phenomenon that has made navigating our health care industry such a delight.\u2019<\/p>\n

No kidding. You want to know why your health care nightmare exists, look at all the mountains of regulation — HIPPA and whatever else is out there — that you have to go through just to go to the doctor. He wants more of that throughout the private sector. And this is the killer, this is the piece de resistance! ‘Fourth, Obama seeks to empower unelected foreign entities to the same ‘globally coordinated (rescue) effort.\u2019 But Bernanke and Paulson have already done the heavy lifting, as the rest of ‘the world\u2019 has done next to nothing. One more global bureaucracy won\u2019t make America\u2019s financial system any healthier,\u2019 and then he also wants to pay $50 billion from the United States to the UN to wipe out worldwide poverty. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Do you remember that two-minute ad that we played last week, Obama\u2019s quasi-presidential address? I went back through that, ladies and gentlemen, because a lot of that had to do with his four-part solution for dealing with the financial crisis. I want to go through Obama\u2019s four-part solution here for you to reiterate the […]<\/p>\n","protected":false},"author":25,"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's Scary Four-Point Plan - 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\/2008\/09\/22\/obama_s_scary_four_point_plan\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama's Scary Four-Point Plan - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Do you remember that two-minute ad that we played last week, Obama\u2019s quasi-presidential address? 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