{"id":31855,"date":"2009-03-06T01:01:01","date_gmt":"2011-05-19T02:40:21","guid":{"rendered":""},"modified":"2011-05-19T02:40:21","modified_gmt":"2011-05-19T02:40:21","slug":"did_you_vote_for_this_america","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2009\/03\/06\/did_you_vote_for_this_america\/","title":{"rendered":"Did You Vote for This, America?"},"content":{"rendered":"
\n

RUSH: Let\u2019s go back to Election Day, 11\/4\/08. That was the day of hope. The Dow Jones Industrial Average closed at 9625. At this moment, the Dow Jones Industrial Average is hovering around 6580. It is down over 3,000 points. That means that just since November the 4th, the Dow Jones Industrial Average has lost a third of its value, $3 trillion of wealth has been wiped out. Is this what you voted for? A record 31.8 million Americans receive food stamps at the latest count. That is an increase of 700,000 people in one month with the United States in recession. These are government figures. Food stamps, which help poor people buy groceries and People magazine and Pop Tarts are the major US anti-hunger program forecast to cost at least $51 billion in this fiscal year ending September 30th. That\u2019s up $10 billion from 2008. So we have 31.8 million Americans on food stamps. Is that what you voted for? The new government unemployment figure is out today, and it is 8.1%, over 600,000 jobs lost last month. ‘The nation\u2019s unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.\u2019 Is this what you voted for? <\/p>\n

As predicted and predictable, both these figures, 8.1 and 651,000, ‘Both figures were worse than analysts expected and the Labor Department\u2019s report shows America\u2019s workers being clobbered by a wave of layoffs.\u2019 Is this what you voted for? Charles Krauthammer in his column today in the Washington Post makes the case better than I made it yesterday. As you know, the Obama administration conducted another summit yesterday, a health care summit. They had their breakout groups, and then the groups came back and reported in to President Obama. President Obama has been saying that in order to get jobs back, in order to start creating employment, we need health care reform, energy reform, and what is the third thing he says? Da-da-da-da-da-da. Well, whatever it is, it\u2019s something irrelevant to why people are losing their jobs. People are not losing their jobs because of health care; they\u2019re not losing their homes because of energy concerns or any of that. This is all happening because of a banking system that is in disarray, and the administration has offered no plan whatsoever. Timothy Geithner, the Treasury secretary, can\u2019t even find a deputy assistant to take the job. Sanjay Gupta turned down the Surgeon General\u2019s job. Makes me wonder what his tax problems are. <\/p>\n

I asked the question yesterday, the soonest we\u2019re going to get health care reform — and, by the way, the Democrats are pushing for this fall, they\u2019d like it as soon as they can — if they get national health care, folks, the country as you and I have known it is over, but the failing health of Senator Kennedy is, as I told you way back when, the driving force here. The failing health of Senator Kennedy is already being used as an inspirational effort, or technique, to get national health care on the fast track. This is supposed to get you a job. You\u2019re losing your job and losing your house because of health care costs. And I asked you to think, you\u2019re expecting to be out of work until November or December, whenever they can get this done, if by then, and then all of a sudden once health care reform is done your job\u2019s going to come back? <\/p>\n

Krauthammer says: ‘Forget the pork. Forget the waste. Forget the earmarks. … Forget all of this. This is run-of-the-mill budget trickery. True, Obama\u2019s tricks come festooned with strings of zeros tacked onto the end. But that\u2019s a matter of scale, not principle.\u2019 Krauthammer is accusing Obama of a brazen deception being at the heart of Obama\u2019s radically transformative economic plan. ‘The logic of Obama\u2019s address to Congress went like this: ‘Our economy did not fall into decline overnight,\u2019 he averred. Indeed, it all began before the housing crisis. What did we do wrong? We are paying for past sins in three principal areas: energy, health care and education — importing too much oil and not finding new sources of energy–‘ even though we have our own all over the place, ‘–not reforming health care, and tolerating too many bad schools. The ‘day of reckoning\u2019 has arrived. And because ‘it is only by understanding how we arrived at this moment that we\u2019ll be able to lift ourselves out of this predicament.”<\/p>\n

Krauthammer writes, ‘Amazing. As an explanation of our current economic difficulties, this is total fantasy. As a cure for rapidly growing joblessness, a massive destruction of wealth, a deepening worldwide recession, this is perhaps the greatest non sequitur ever foisted upon the American people. At the very center of our economic near-depression is a credit bubble, a housing collapse and a systemic failure of the banking industry. One can come up with a host of causes: Fannie Mae and Freddie Mac pushed by Washington (and greed) into improvident loans, corrupted bond-ratings agencies, insufficient regulation,\u2019 it goes on and on and on. ‘But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. <\/p>\n

‘And yet with our financial house on fire, Obama makes clear both in his speech and his budget that the essence of his presidency will be the transformation of health care, education and energy. Four months after winning the election, six weeks after his swearing-in, Obama has yet to unveil a plan to deal with the banking crisis. What\u2019s going on? ‘You never want a serious crisis to go to waste,\u2019 said chief of staff Rahm Emanuel. ‘This crisis provides the opportunity for us to do things that you could not do before.\u2019 Things. Now we know what they are. The markets\u2019 recent precipitous decline is a reaction not just to the absence of any plausible bank rescue plan, but also to the suspicion that Obama sees the continuing financial crisis as usefully creating the psychological conditions — the sense of crisis bordering on fear-itself panic — for enacting his ‘Big Bang\u2019 agenda to federalize and\/or socialize health care, education and energy. Intellectually dishonest to the core.\u2019 Obama deceiving the American people and it\u2019s working. <\/p>\n

The latest Fox News\/Opinion Dynamics poll has an approval rating at 63% over the previous reporting period a week or ten days ago, at 60%. Does this puzzle you? Your economy is tanking all around you, your president is deceiving you as to why. Your president is further deceiving you as to the solutions. Yet his approval numbers go up, they slightly uptick to 63%. We are still at the stage, I told you all week long, be patient, it\u2019s going to take a while for people to see the deception, and they might not ever. You see, Barack Obama benefits from a truism here. It is not what he accomplishes. He doesn\u2019t have to accomplish anything to keep his poll numbers up, and this he knows. All he has to do is give speeches about what he cares about. Yesterday he cared about health care. And who doesn\u2019t? It\u2019s like the environmentalist wackos making you think they care about saving the planet, making you think they care about clean water and clean air. Who doesn\u2019t? So if you oppose clean water and clean air, you must want what? Dirty water, dirty air. If you oppose Obama on health care, you must want what? People to get sick and not have any way to get well. So it\u2019s not what he says, it\u2019s not what he accomplishes. It\u2019s what he says he cares about. <\/p>\n

There\u2019s another poll out today, I think from Rasmussen. Thirty-four percent of the American people believe that they can\u2019t get a good job without the government being involved. Thirty-four percent believe the government is important to getting a good job. Not with the government, but outside in the private sector. But is this what you voted for? Somebody who says he cares about certain things, accomplishes nothing on them, deceives you as to the real problems, and in the process, takes no steps to fix them. Let me tell you what\u2019s going on here. We have a banking and a credit crisis. Obama and his team had a show gathering to focus on the problem, but they have done little, if anything, to so much as start fixing it. Any leader would keep focused on fixing that mess, but that\u2019s not the stuff that makes approval numbers rise, because there really isn\u2019t much he can do except shift people\u2019s attitudes about it. <\/p>\n

So he\u2019s moved on to health care. This is highly visible, it\u2019s news leading, gets a great focus, plus it has the great liberal lion Teddy Kennedy pushing it. Before it\u2019s all over it will be called the Ted Kennedy Memorial Health Care Bill. So when you have the banking and the credit problem still unfixed and with health care still unfixed, they\u2019ll move on to another caring story: alternate energy — I don\u2019t know; your guess is as good as mine. But whatever it is, the approval numbers will go up because it\u2019s not what Obama accomplishes; it\u2019s what he cares about. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: There it goes, there it goes, stock market hovering down around ten or 20. Something just happened, market now down 75.72, and the administration, this is fine with them, this is perfect. They love seeing all this wealth destroyed. How do we conclude anything else when the administration tells us to hang on, we\u2019re going to fix this economy with health care reform? Health care reform is going to get you a job in a year, and then green energy, all this alternative energy gobbledygook and education. Did you vote for this? I\u2019ll tell you, my plate is getting full. Here I am trying to save the Republican Party, despite opposition from the Republican Party. Somebody\u2019s going to have to save Wall Street. Somebody is going to have to mobilize all these, quote, unquote, rich Republicans to get in there. The problem is nobody knows where the bottom is. That\u2019s not really the question. <\/p>\n

I want to give you another way of looking at the Dow Jones Industrial Average, or the NASDAQ. Everybody is focused on the bottom, where is it gonna bottom out, how bad is it gonna get? Well, the figure I see most prominently, and I have no clue, by the way, I\u2019m no Jim Rogers, I\u2019m no Jim Cramer, and I\u2019m no Larry Kudlow. The figure I see bandied about is 3000, 3500. We\u2019re at 6500 now, but I don\u2019t think that\u2019s the question, because it is going to bottom out at some point. My question is what\u2019s the new top? What\u2019s the new top going to be? We were, a year ago, at 13,000, less than a year, 13,000 and unemployment was low. Now it\u2019s all gone. Over $3 trillion of wealth is gone. When\u2019s that coming back? That\u2019s what I want to know. When, if ever, is that coming back? What\u2019s the new top? In other words, how much growth can we expect? The people who have skin in the game, in the Obama tracking poll, are still yanking out of it. I\u2019ll have to think about this over the weekend. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Let\u2019s go back to Election Day, 11\/4\/08. That was the day of hope. The Dow Jones Industrial Average closed at 9625. At this moment, the Dow Jones Industrial Average is hovering around 6580. It is down over 3,000 points. 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