{"id":35891,"date":"2010-07-15T01:01:01","date_gmt":"2011-05-19T00:50:03","guid":{"rendered":""},"modified":"2011-05-19T00:50:03","modified_gmt":"2011-05-19T00:50:03","slug":"nothing_in_the_media_is_real2","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/07\/15\/nothing_in_the_media_is_real2\/","title":{"rendered":"Nothing in the Media is Real!"},"content":{"rendered":"
\n

RUSH: I gotta develop this theme a little further, but I was talking about it with a friend of mine this morning. Nothing, practically nothing in the media is real. The oil spill is not killing birds and fish. It\u2019s not. They don\u2019t know what\u2019s killing birds and fish but it isn\u2019t the oil spill. New York Times: Apple\u2019s iPhone does not have a major problem. They may have a problem with some receivers, and Apple\u2019s got this big press conference tomorrow, but if there were a major problem with the iPhone there would be mass returns, there would be people flooding the stores, and that\u2019s not happening. I mean that seems forced. All this talk of the stimulus and economic growth, nothing\u2019s real, nothing that\u2019s reported in the media is real. Greetings, folks. Great to have you here. It\u2019s El Rushbo and the Excellence in Broadcasting Network. Great to have you here. Telephone number if you want to join us, 800-282-2882. E-mail address, ElRushbo@eibnet.com <\/p>\n

Washington Post: ‘Companies Pile Up Cash But Remain Hesitant to Add Jobs.\u2019 All right, now, this is a theme that\u2019s established itself out there, and this is all over the place. All these companies have all this money. Some companies do, but they all do not. A lot of companies are hurting. A lot of companies are shutting down. A lot of businesses, small and large, are in deep doo-doo. ‘Companies Pile Up Cash But Remain Hesitant to Add Jobs.\u2019 See, it\u2019s not the economy; it\u2019s these greedy SOBs in business. That\u2019s the theme here. Nothing is real. The White House says business is sitting on cash waiting for consumer demand to return. The only reason I\u2019m bringing this story up is because on page two — by the way, the story is by Jia Lynn Yang, not that it matters, I just wanted to say the words, Jia Lynn Yang. A researcher here says on page two: ‘There\u2019s not a whole lot that you could do to entice companies to hire. You could cut taxes on them, but they\u2019re not going to hire just because they have the extra cash, because they already have the extra cash.\u2019 Who is this? Zachary Karabell, president of River Twice Research. <\/p>\n

If you\u2019re hiring this guy you might want to think about it. He\u2019s quoted saying: ‘CEOs don\u2019t like taking risks. They kind of move in packs.\u2019 On the surface you might say, ‘The guy may have a point.\u2019 But he doesn\u2019t. ‘There\u2019s not a whole lot that you could do to entice companies to hire. You could cut taxes on them, but they\u2019re not going to hire just because they have the extra cash, because they already have the extra cash.\u2019 Why do they have the extra cash, Mr. Karabell? They have the extra cash because they don\u2019t know what\u2019s going to hit \u2019em upside the head next week, next month, or next year. What\u2019s the purpose of a company, Mr. Karabell, is it to hire people? No. The purpose of a company is to produce a product or a service and provide for it, make a profit. You have to hire people to work for you along the way, but you don\u2019t start a business saying, ‘You know what? I think ten people need a job today; I\u2019m going to start a company.\u2019 It doesn\u2019t happen that way. <\/p>\n

You could give these businesses a tax cut, and you\u2019d change the whole dynamic, because then you would tell \u2019em you\u2019re interested in their growth. We have the second highest corporate tax rate in the developed world. If you cut that, then these people, ‘Okay, maybe we\u2019re gonna not be punished if we succeed down the road. Maybe we\u2019re going to be able to keep a little bit more of what we earn and reinvest it, and maybe our businesses will then grow, and then we might hire people.\u2019 That\u2019s the progression line here. This is just absurd. ‘Companies Pile Up Cash But Remain Hesitant to Add Jobs.\u2019 They\u2019re smart! Why are they hesitant to add jobs? ‘Small Business Owners Uneasy With Obama,\u2019 Politico. Small business sounding off here. The White House in response says that their regulations will promote economic growth. When\u2019s the last time that ever happened? The financial sector is not gonna know for two years the real impact of financial regulatory reform, which is gonna get signed, what, this afternoon? For two years they\u2019re not going to know the impact, but Chris Dodd and Barney Frank, the authors, can\u2019t even tell businesses what the impact\u2019s going to be because there are a whole bunch of bureaucrats that are going to be allowed to make decisions on the fly, on a whim, nobody knows what they\u2019re going to be dealing with. <\/p>\n

‘The White House\u2019s attempts to tamp down the growing narrative of President Barack Obama as an enemy of the business community are not resonating with an important audience — business owners themselves. A number of small-business owners attending the U.S. Chamber of Commerce\u2019s jobs summit Wednesday said the administration is responsible for policies that have made them uneasy about hiring or investing in their businesses. Daryl Hancock owns an information technology consulting company in Maryland and said Obama\u2019s sweeping changes to the health care industry and new restrictions on Wall Street have only exacerbated the uncertainty of a bad economy. Hancock said he\u2019s ‘very nervous\u2019 about the future and has put off improvements,\u2019 much less hiring people. ‘It\u2019s easier for me just to sit and wait,\u2019 and see what the hell I\u2019m going to be dealing with. <\/p>\n

‘Jim Wordsworth, who owns eight businesses in Northern Virginia and chairs the Chamber\u2019s small-business council, said, ‘I\u2019m offended. After all these years, I feel like I\u2019ve done an evil thing, like profit is a bad thing.\u2019 … White House chief of staff Rahm Emanuel and senior adviser Valerie Jarrett –‘ who apparently Obama wanted to get his Senate seat, it\u2019s coming out at the Blago trial, ‘–shot back in a letter to the Chamber, saying they were ‘surprised and disappointed\u2019 by the business community\u2019s rhetoric. They pointed to the administration\u2019s middle-class tax cuts –‘ there aren\u2019t going to be any middle-class tax cuts. That promise has been broken. ‘– and the president\u2019s commitment to working on the free-trade agreements. And they said any new regulations on businesses would promote economic growth.\u2019 Oh. So that\u2019s how it happens. New regulations promote growth. Is that it? Well, if that\u2019s it case, then why the hell is Obama bringing in Der Schlick Meister and saying, ‘How do you grow an economy?\u2019 Do you realize the crow Obama\u2019s having to eat here? I mean during the campaign… what did Clinton get for this? I mean it\u2019s gotta be huge \u2019cause Obama played the race card against Clinton and Clinton didn\u2019t like it. <\/p>\n

They were out there attacking Clinton and Hillary during the campaign and all of a sudden the phone rings, (imitating Clinton) ‘Yeah, hi, hello.\u2019 ‘Hold for the president, please.\u2019 ‘I am the president. Who is on the other end?\u2019 ‘President Obama.\u2019 ‘Ah. Oh, yeah. That guy. Okay.\u2019 Obama gets on the phone. (imitating Obama) ‘Hey, Bill, I –‘ ‘Obama, what do you need?\u2019 ‘I need you to get to the White House here and help me with the economy.\u2019 ‘I thought we\u2019re growing. I thought all kinds of employment is taking place.\u2019 So they call Clinton in to help \u2019em with economic growth. What does Clinton know about it? All he did was raise taxes. He didn\u2019t do anything for economic growth. That was all Ronaldus Magnus. And Clinton\u2019s tax increases was the beginning of the downside of the boom from the eighties of Ronaldus Magnus, 1994. Then the Republicans got in there and started balancing the budget, and, voila, look what happened. <\/p>\n

Here\u2019s what Clinton needs say to Obama: ‘Hey he-he-he-he, Barry, let me tell you what you need, this is exactly what happened to me. In 1994 I got a Republican Congress. Republican Congress, they went in there and they made me balance the budget. I had to do welfare reform and they\u2019re gonna force your hand. And then when they do all these good things you take the credit for it. That\u2019s exactly what I did. I didn\u2019t do diddly-squat. In fact, everything I did is like doing what you\u2019re doing. If I\u2019d a-been left alone I\u2019d have killed the economy just like you are, but the Republicans happened to win in 1994 and I got the credit for everything they did.\u2019 If Clinton were honest, that would be what he would say to Obama. So regulations, regulations, regulations, regulations, economic growth, yeah, well, we got regulations coming out every orifice there is in Washington and we don\u2019t have any economic growth. And, ladies and gentlemen, try this, Los Angeles Times, Doyle McManus: ‘Great Recession\u2019s Psychological Fallout — From lower birthrates to decreased civic participation and volunteerism, economic downturns have many non-economic effects.\u2019<\/p>\n

It turns out recessions do not bring people together. Oh, I thought — wait, wait, wait, now. Last year at this time we were getting all these stories, families out of work, loved being out of work, getting to know themselves all over again, sitting around at home and reconnecting. Remember it was great not to have a job, it was great for you emotionally and spiritually. Now all of a sudden the LA Times tells us recessions don\u2019t bring people together. They hunker down, they don\u2019t march in protest or band together, they don\u2019t volunteer. So prosperity makes us more generous, it makes us more civic minded. The story doesn\u2019t say this. This is my conclusion. Now, the journalists who printed that crap last summer about how great it is to be out of work, how spiritually revitalizing it was to sit around with the family, yeah, that\u2019s what people like to do, sit around with the family all day long and pick up the Cheerios and the mnchies off the floor. Right. Those people who printed all that garbage, they themselves are out of work now. And since they\u2019re outta work there\u2019s no more stories about how great it is to be unemployed. See how this works? <\/p>\n

Yeah, it\u2019s easy when you\u2019re a journalist trying to prop up a failed administration. You go out there, create a new template. It\u2019s great to be unemployed, why, discovering all kinds of things about ourselves. The people who wrote that have now lost their jobs. That\u2019s why there aren\u2019t stories about this anymore. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Los Angeles Times, ‘Great Recession\u2019s Psychologist Fallouts.\u2019 No more volunteerism, no more civic participation, people aren\u2019t getting along with each other. Remember this? June 4th, 2009, the LA Times: ‘For the ‘Funemployed,\u2019 Unemployment\u2019s Welcomed — These jobless folks, usually singles in their 20s and 30s, find that life without work agrees with them. They\u2019re not sending out resumes, but instead lazing at the beach and taking long trips abroad.\u2019 June 4th, Kimi Yoshino, LA Times, Doyle McManus, July 15th, 2010, same paper, ‘Great Recession\u2019s Psychological Fallout — From lower birthrates to decreased civic participation and volunteerism, economic downturns have many non-economic effects.\u2019 Go figure. Nothing that\u2019s reported in the mainstream media is real. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: I gotta develop this theme a little further, but I was talking about it with a friend of mine this morning. Nothing, practically nothing in the media is real. The oil spill is not killing birds and fish. It\u2019s not. They don\u2019t know what\u2019s killing birds and fish but it isn\u2019t the oil spill. […]<\/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":"\nNothing in the Media is Real! - 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\/2010\/07\/15\/nothing_in_the_media_is_real2\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Nothing in the Media is Real! - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I gotta develop this theme a little further, but I was talking about it with a friend of mine this morning. Nothing, practically nothing in the media is real. 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