{"id":31654,"date":"2009-02-10T01:01:01","date_gmt":"2011-05-19T02:45:25","guid":{"rendered":""},"modified":"2011-05-19T02:45:25","modified_gmt":"2011-05-19T02:45:25","slug":"obama_and_geithner_con_men","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/02\/10\/obama_and_geithner_con_men\/","title":{"rendered":"Obama and Geithner: Con Men"},"content":{"rendered":"
\n

RUSH: In the meantime, this press conference last night, the Drive-Bys are all over the place talking about how wonderful it is, how great Obama\u2019s mind is. It was a bomb! It was a bomb of a press conference. He starts out with a teleprompter. He never once looked at the American people straight into the camera. He does his usual gaze over everybody, head turning left and right. It was a campaign speech. Then he goes to the questions, and you could tell the difference between Obama on a prompter and Obama impromptu. It was stunning. There are so many funny parts of this thing last night. The whole thing to me was hilarious. I thought I was listening to Fidel Castro. He went on for 13 minutes answering the first question and never answered it. In the first half hour he must have taken two or three questions. He never answered any of the questions. It was the White House lecture series. He ought to put this on DVD and start running it on PBS. Then we had Geithner, this is one of the funny parts of the press conference last night. Obama gets a question about what Geithner\u2019s going to say today regarding the big bailout — and, by the way, is that going over good, the Dow Jones Industrial Average is down 277 to 288. It was down earlier before Geithner spoke, but now after Geithner spoke it is just plunging out there. Not a whole lot of confidence. <\/p>\n

See, the real problem here, folks, is that Obama can con the base and the Drive-Bys, Geithner has to go out there and con the business community and the investor class and he\u2019s not doing a good job of conning the investor class and the business class. The investor class, the business class is way ahead of the public in understanding what\u2019s going on here, and it\u2019s being illustrated here in the market plunge that is happening today. I was watching this last night, he gets his question about the Geithner plan, says, (paraphrasing) ‘Well, I don\u2019t know, I don\u2019t want to step on the toes of the Treasury secretary.\u2019 What do you mean, step on the toes of the Treasury secretary? You\u2019re the president of the United States. He works for you. What Obama is really saying, ‘I have no idea what this plan is. I don\u2019t know what he\u2019s going to say tomorrow. I\u2019ve not been involved in writing this. I\u2019m going to have to defer to what Geithner says.\u2019 He doesn\u2019t know what\u2019s in the stimulus bill! He deferred totally to Pelosi and Reid to write it. He has no clue what\u2019s in it. All he cares about is that there\u2019s spending in it, that\u2019s the Obama economic plan: just keep spending.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Fox just ran a piece, by the way, at the top of the hour when this program began chronicling the history of the bailouts. A year ago, roughly a year ago the original bailout proposal or stimulus package, $56 billion in both the House and the Senate. By October of last year it had grown to $200 billion. Now we are at a trillion on the stimulus plan, the Porkulus bill, and now with Geithner out there today trying to con the business community and the investor class, he failed royally doing that. That\u2019s his job. <\/p>\n

Obama can con the base; he can con Democrats; he can con the media. He can\u2019t con me and he can\u2019t con you but he can con all these acolytes, these brain-dead supporters of his and these stupid fools in the media to whom he cannot fail, but Geithner, Geithner sounded like the dog ate my homework today when he went out and made his speech. He sounded a little bit like that and a little bit of an authoritarian, and he said, (paraphrasing) ‘By the way, getting federal money is not a right, it\u2019s a privilege. And, by the way,\u2019 he says, ‘we are not shoring up the banks to help the banks. We are shoring up the banks to help you so that the banks will loan money to you so that you will then borrow money.\u2019 I think what their ultimate plan here is — and they\u2019re botching it — I don\u2019t think they know what they\u2019re doing here because there\u2019s a simple way to accomplish what they want, \u2019cause at the end of the day what do these people want to do? They want to raise taxes, and they can\u2019t raise taxes right now, they just can\u2019t. They can put all kinds of stealth stuff in their stimulus like this abomination. They\u2019ve got nationalized health care in the stimulus bill, folks, which we shared with you yesterday and has now become mainstream, which again is why Obama doesn\u2019t want you listening to me. <\/p>\n

What they obviously want is for people to start investing; they want banks to start lending; they want people to start generating some income out there so that they can raise taxes. Geithner even said the other day, (paraphrasing) ‘We are not going to put out the details of our plan until we get it right.\u2019 So he gave an overview today. This is a con job. And, of course, the people on Wall Street and in the markets are not being conned. We\u2019re flirting here with being down 300 on the Dow Jones Industrial Average. The dirty little secret is Obama doesn\u2019t mind this at all. Here\u2019s a guy last night in his press conference talking about a catastrophe. Here\u2019s a guy talking about it could get worse, it\u2019s gonna get worse, even if we pass this. He\u2019s out there lying. In fact, the New York Times today has vindicated your host, your lovable and trusted commentator El Rushbo by pointing out that I was right. They don\u2019t use my name, of course, but we are nowhere near economic conditions as they existed in the Great Depression. We\u2019re not even as bad as they were in 1981 and 1982, and the New York Times points it out here today. I don\u2019t know that CNN will take notice of it or any others in the Drive-By. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: The market\u2019s down 350 or somewhere in that range, 381 now, and there are a number of reasons why the market\u2019s down, but chief among them, nobody — see the markets are not being successfully conned. Obama apparently can easily con the Democrat Party base and the media in this thing, but the markets are not being conned, Geithner didn\u2019t con \u2019em, and one of the things — and I heard an explanation just a minute ago, somebody trying to tell us why the markets are down today, and I don\u2019t know that I believe this, but this is the Drive-By mantra. The markets are down today because Geithner wasn\u2019t specific. All Geithner did was outline something. If Geithner had presented a specific plan, then the markets would not be down so much and might even be up. Now, the theory here is that the markets are all fired up and ready for the stimulus package, but they didn\u2019t get any reports today, didn\u2019t get any details. So it\u2019s just going to be a long, long time. The Senate version barely passes, so now it goes to conference, so some people in the media are trying to tell us that the markets are saying today that since it\u2019s not going to happen soon, it\u2019s going to drag on, that\u2019s why they\u2019re reacting negatively. <\/p>\n

Now, I hope that\u2019s just spin. What I\u2019m hoping is the markets are seeing this is a boondoggle and they\u2019re learning more and more about what\u2019s in it and because of that they want no part of it. We\u2019ll just have to see. Regardless, it is slow going. Geithner actually said, (paraphrasing) ‘We\u2019re not going to get you the details of this.\u2019 Let me get his exact words here. ‘We\u2019re not going to put out details until we can get it right.\u2019 Now, I\u2019ll tell you what I think is up with that. I think they\u2019re trying to avoid attaching a dollar amount to this that would be added into the Obama stimulus package. I think that they\u2019re trying to create distance between the Porkulus bill and Geithner\u2019s bill so that nobody can run around and say, $2 trillion? They want it to be looked at as Obama\u2019s stimulus of $800 and some odd billion, and then over here, quite distant and separate, is the bank bailout. Not to be confused with the Porkulus bill. So this is one thing, and it\u2019s separate. I think Geithner\u2019s just in delay mode, just to keep a money figure off of it, \u2019cause how in the world can they get it right before they know what they\u2019re doing? It\u2019s just nonsensical, this statement, ‘We\u2019re not going to put out details until we get it right.\u2019 The fact is nobody knows what they\u2019re doing here. <\/p>\n

Nobody knows what they\u2019re doing, in terms of bailing out the — until they get it right? It\u2019s like Mike Munger said, ‘We\u2019ve already tried it once, and it didn\u2019t work. Don\u2019t do it again.\u2019 The evidence is that it didn\u2019t work. I know what\u2019s going to happen, because Obama\u2019s already set it up. What\u2019s gonna happen when this doesn\u2019t work, ‘We didn\u2019t spend enough money soon enough.\u2019 That\u2019s what they\u2019re out saying FDR\u2019s mistake was. He didn\u2019t spend enough money soon enough. So that\u2019s how they\u2019re going to take care of this not working, when it doesn\u2019t work. Mark my words.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: In the meantime, this press conference last night, the Drive-Bys are all over the place talking about how wonderful it is, how great Obama\u2019s mind is. It was a bomb! It was a bomb of a press conference. He starts out with a teleprompter. He never once looked at the American people straight into […]<\/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 and Geithner: Con Men - 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\/2009\/02\/10\/obama_and_geithner_con_men\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Obama and Geithner: Con Men - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: In the meantime, this press conference last night, the Drive-Bys are all over the place talking about how wonderful it is, how great Obama\u2019s mind is. 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