{"id":37019,"date":"2010-12-07T01:01:01","date_gmt":"2011-05-19T00:15:27","guid":{"rendered":""},"modified":"2011-05-19T00:15:27","modified_gmt":"2011-05-19T00:15:27","slug":"media_racists_attack_obama","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2010\/12\/07\/media_racists_attack_obama\/","title":{"rendered":"Media Racists Attack Obama"},"content":{"rendered":"
\n

RUSH: Let\u2019s go to the State-Controlled Media. They\u2019re not happy out there. They\u2019re livid. Jake Tapper last night on ABC\u2019s World News Tonight.<\/p>\n

TAPPER: President Obama had originally told voters taxes on income of more than $250,000 a year should increase. He gave in to Republicans on that. So the family of the average Wall Street banker paid more than $311,000 a year will keep $9,318, as opposed to the $8,012 the president wanted him to keep. Take LeBron James. He makes $14.5 million a year and will continue to keep more than $666,000 of that, as opposed to the president\u2019s original position of letting him keep just over $8,000 of that. The White House says President Obama would have gladly signed just the tax cut extensions for middle-class Americans, but the votes simply were not there and this is the best deal he could get.<\/p>\n

RUSH: Now, this is why they\u2019re livid and fit to be tied, because that just can\u2019t be. What is their majority in the House? To say the votes are not there? The votes clearly are there. If Obama can\u2019t get the votes for ending the current tax rates for the wealthiest Americans, it\u2019s because the Democrats remember the election outcome. I cannot emphasize this enough. We are still in the lame duck here. The Democrats have a 100-seat majority in the House of Representatives. Obama just said the votes were not there to give him what he wanted, in a 100-seat majority, House of Representatives. Stop and think of that. If that\u2019s even true. But how do you like Jake Tapper\u2019s lingo, Obama was going to let LeBron James keep X, but now Obama\u2019s only going to let LeBron James keep Y. What is this ‘Obama letting\u2019 stuff? ‘Government is going to let.\u2019 See, that furthers this notion that all money is Washington\u2019s and that whatever any of us end up with is what that allow us to have or to keep. It\u2019s a big bugaboo of mine. Words mean things, and that creates an image that just isn\u2019t true. Jake Tapper, November 3rd, 2010, remember, it was Tapper who wanted Obama to decide who was rich enough. It was Jake Tapper who wanted Obama to compromise on a number, like a million dollars in income. This was during a Q&amp;A at a news conference back in November, the 3rd, right after the election.<\/p>\n

TAPPER: They want all the Bush tax cuts extended. Are you willing to compromise on that, allow them to expire for everyone over a million dollars? Where are you willing to budge on that?<\/p>\n

OBAMA: It is very important that we\u2019re not taking a whole bunch of money out of the system from people who are most likely to spend that money on goods, services, groceries —<\/p>\n

RUSH: Bite me.<\/p>\n

OBAMA: — buying a new winter coat for the kids.<\/p>\n

RUSH: What a crock.<\/p>\n

OBAMA: How that negotiation works itself out I think is too early to say.<\/p>\n

RUSH: Another thing that bugs me. Only certain people spend money in ways that count? ‘It is very important that we\u2019re not taking a whole bunch of money out of the system from people who are most likely to spend that money on goods, services, groceries, buying a new winter coat for the kids.\u2019 I\u2019m starting to resent this. I\u2019m starting to resent the fact that I don\u2019t spend my money in a way that\u2019s approving to Obama. This is fatuous. ‘People are more likely to spend that money on goods, services, groceries, buying a new winter coat –‘ I just bought a winter coat for me to use maybe twice a year. But I just bought one. Does that not count? Well, I\u2019m not gonna get too personal here, but these are jackassian comments, folks. All of this, government, Obama, letting people keep, Obama deciding. He doesn\u2019t know the half of anything. Obama deciding whose spending money makes most sense? ‘That\u2019s right, Mr. Limbaugh, because people like you who don\u2019t need all the money you have, you just save it.\u2019 Well, what happens then, you dolt? Okay, I save it, what does that mean? ‘That means you put it in a bank account, sir.\u2019 No. Well, some is in a bank account, but then what happens? The bank spends it. <\/p>\n

Whoever I give my money to spends it. If I buy stocks with it, somebody\u2019s going out there and buying stocks with it. You call that saving. What\u2019s wrong with buying stock? What\u2019s wrong with investing income? What if I buy some municipal bonds, they\u2019re in trouble out there, might be a stupid thing to do but I\u2019m doing it. Might be a wise thing to do, who knows. But this notion that people who aren\u2019t going out and buying a bunch of bubble gum are not helping the economy. We gotta get a handle on this, folks, this is patently absurd that only the lower echelon of the middle class spending has any economic stimulus. Everything that people do with their money is spending it, one way or the other. The only time money is not in circulation is when the government takes it away from you. They\u2019re the ones who make all the spending errors with it. They are the ones who go into debt. They are the ones that can\u2019t be trusted with our money and they\u2019ve got it turned around to say they make wiser decisions than we do. I thought we\u2019re supposed to be getting away from a consumerism economy anyway. I thought these socialists don\u2019t like that. I think they want Keynesian; they want the government spending all the money. What is all this talk about consumerism anyway? This stuff really hacks me off. It really hacks me off. <\/p>\n

Here\u2019s F. Chuck Todd, another in a long line of ignoramuses in the media. Here\u2019s F. Chuck last night on NBC\u2019s Nightly News with Brian Williams. And F. Chuck is bemoaning the lost revenue. Chuck, I want to know something, Chuck, do you have a wife? I see your wedding ring. Probably have kids. Do you have a car? You\u2019ve got life insurance, homeowners insurance. Do you really spend your day worrying whether or not the government\u2019s got enough money when they\u2019ve got a printing press, Chuck? Do you really bemoan the loss of revenue? Who does this? I don\u2019t doubt that he does. F. Chuck probably gets in depression fits over lost revenue. Good Lord. Here\u2019s the sound bite from F. Chuck Todd on the NBC Nightly News.<\/p>\n

WILLIAMS: Americans have been wondering how lawmakers in Washington could possibly extend tax breaks for wealthy Americans while allowing benefits for jobless Americans to be cut off.<\/p>\n

TODD: Now, Brian, how much of this costs the government? In lost revenue that they were projecting to have next year it\u2019s gonna cost approximately half a trillion dollars.<\/p>\n

RUSH: Chuck, are you really worried about that? They\u2019ve got a printing press. The government doesn\u2019t lose any money ever, Chuck. They\u2019re the one entity that never loses anything. They never do without, Chuck. Show me where a budget has been less one year than the next, full government budget. And Brian Williams, ‘Americans have been wondering how lawmakers in Washington can possibly extend tax breaks for wealthy Americans while allowing benefits for jobless Americans to be cut off.\u2019 Americans are not wondering that, Brian. Some of the kook fringe leftists on the websites might be, but not in this context. ‘Americans have been wondering how lawmakers in Washington could possibly extend tax breaks for wealthy Americans.\u2019 They\u2019re not. In fact a lot of the unemployment, those who want to work, are saying, ‘When\u2019s Washington gonna do something to stop punishing people who hire people?\u2019 These people pay no attention to election results, and why? Do they not read their own exit polls? And F. Chuck, how much did this cost the government? Chuck, do you really look at things this way, because nothing ever costs the government anything. Besides, F. Chuck, it\u2019s our money. Every dime is our money. It isn\u2019t theirs. We don\u2019t have tax problem, Chuck, we\u2019ve got a spending problem. <\/p>\n

We do not have a tax problem. Don\u2019t we want people to put money in banks so they can lend it? Isn\u2019t a tight credit market one of the biggest problems facing the economy? ‘Well, that\u2019s the rich, put their money in banks, that doesn\u2019t count, their spending doesn\u2019t count.\u2019 Really? Here\u2019s Pelosi\u2019s statement, by the way. It\u2019s from her statement on the deal. ‘Any provision must be judged by two criteria: does it create jobs to grow our economy and does it add to the deficit?\u2019 Now, if that were really her criteria she would have never allowed any of the legislation they\u2019ve rammed through Congress over the last four years, \u2019cause none of it grew the economy and none of it reduced the deficit. All right, Scarborough. Folks, I have to make an observation. Ninety percent — jeez, it\u2019s even more than that — 95% of our media reaction to this comes from some NBC outlet. The rest of it comes from CNN, some comes from, like Frank Rich was on Imus in the Morning. But Good Lord, MSNBC, you have to work to collect this amount of stupidity in one place every day, or ignorance or whatever. You have to make a concerted effort. Joe Scarborough today on Morning Joe said this about the deal to extend the Bush tax cuts.<\/p>\n

SCARBOROUGH: After this you cannot say he\u2019s a socialist. That\u2019s what the right has been calling him, a socialist forever. This is income redistribution, but it\u2019s taking it back to the rich. I mean millionaires are getting tax cuts, billionaires are getting tax cuts. The estate tax, they\u2019re lowering the estate tax. They are giving payroll tax breaks for the next couple years. He\u2019s become a Jack Kemp Democrat.<\/p>\n

RUSH: Joe, there is no redistribution of income to the rich. Where do you get this? Well, I know he\u2019s been hanging around Chuck Todd. You gotta allow for certain things he has to say over there to keep his job, but are there no limits? Redistribution to the rich? Who are we taking the money from, Joe? Who has the money now, Joe, that we\u2019re taking it from and giving it to the billionaires? Payroll tax, I mean that\u2019s a one-year holiday of 2%. But who we taking the money from? Joe, the estate tax is not a tax cut, it\u2019s an increase, it\u2019s zero. There is no estate tax right now. It\u2019s going up to 35 percent. There aren\u2019t any tax cuts. Technically speaking the estate tax right now is zero. Do you know how many families are trying to figure out — well, never mind, I\u2019m not gonna go there. Well, you know, a lot of end-of-life planning going on out there and time is dwindling here. By definition now, the estate tax of zero ends at midnight on December 31st. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: I got a quick question here for F. Chuck Todd. Chuck, have you calculated how much your salary from NBC costs the government? Chuck, have you ever sat around and run the numbers, and do you worry about it? Do you worry about the cost to government of your salary? I\u2019m not just talking about your taxes, F. Chuck. Let\u2019s say… I\u2019m just guessing. I don\u2019t know how much F. Chuck makes, but it\u2019s a news business. He\u2019s a star at NBC. Let\u2019s say F. Chuck is in there at… He does a lot of double duty. He works at NBC (which you really gotta pay the stars to do that) and then he\u2019s news director, bureau chief or whatever. Let\u2019s say F. Chuck is at $5 million. F. Chuck, do you ever wonder not just about that $5 million that you make, but the $14 million that Brian Williams makes, and Andrea Mitchell at whatever she makes? <\/p>\n

How much is that costing government? Do you worry about it? Have you ever calculated how much it costs the government to let you keep any of what you earn, Chuck? At what point, Chuck, will you get upset at the government not letting you keep certain amount of money? Chuck, you make $5 million. Let\u2019s say the government wants $3 million of it. That\u2019s still costing the government $2 million the way I look at it, the way you do. F. Chuck is probably listening and saying, ‘The government doesn\u2019t pay me, NBC does!\u2019 No, no, no, Chuck. The way you think, all money is government\u2019s. Government allows NBC to pay you X. <\/p>\n

What does that cost them? <\/p>\n

What\u2019s it cost the government, Chuck, for you to earn anything? If you\u2019re going to run around and worry about this, I\u2019m trying to illustrate absurdity here by being absurd. Because this is patently absurd, to start worrying about what it ‘costs\u2019 the government. And, Chuck, you know what Newsweek says I earn. I am not… We all play games here. F. Chuck, do you ever worry about what that\u2019s costing the government? ‘Cause I don\u2019t. I have another audio sound bite. We\u2019ll squeeze one in here. Mark Halperin on MSNBC\u2019s Morning Joe today, question: ‘Shouldn\u2019t the Republicans be called out on their hypocrisy here when all the dust settles? Isn\u2019t that what we\u2019re gonna see, Mark?\u2019<\/p>\n

HALPERIN: The president cares about getting things done. He doesn\u2019t care about making the base happy. He doesn\u2019t care that much about getting reelected right now. He cares less about it than almost anyone I\u2019ve ever covered. He wants to do the right thing.<\/p>\n

RUSH: Now… (laughing) It was just yesterday that Halperin had a piece hoping for a catastrophe for this guy to get reelected, but he ‘doesn\u2019t care\u2019 about it. He doesn\u2019t care about getting reelected right now? He just cares about getting things done? This is the first legislative loss Obama has taken in two years. It\u2019s the first attempt to damage the country he\u2019s lost at. That\u2019s one way to look at this. <\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Let\u2019s go to the State-Controlled Media. They\u2019re not happy out there. They\u2019re livid. Jake Tapper last night on ABC\u2019s World News Tonight. TAPPER: President Obama had originally told voters taxes on income of more than $250,000 a year should increase. He gave in to Republicans on that. So the family of the average Wall […]<\/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":"\nMedia Racists Attack Obama - 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\/2010\/12\/07\/media_racists_attack_obama\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Media Racists Attack Obama - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Let\u2019s go to the State-Controlled Media. They\u2019re not happy out there. They\u2019re livid. Jake Tapper last night on ABC\u2019s World News Tonight. 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