{"id":37519,"date":"2011-02-08T01:01:01","date_gmt":"2011-05-19T00:05:17","guid":{"rendered":""},"modified":"2011-05-19T00:05:17","modified_gmt":"2011-05-19T00:05:17","slug":"obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/","title":{"rendered":"Obama Lectures US Businesses, Media Tell Us He Sounds Like JFK"},"content":{"rendered":"
\n

RUSH: Yesterday Barack Obama went to the Chamber of Commerce to make a big speech. There were two applause lines in 40 minutes. Barack Obama was lecturing the private sector on proper business practices, expansion, investment, profitability, without a hint much experience much less a track record of success in the private sector and with policies that he signed into law becoming president. Michelle Obama is out lecturing parents and schools and grocery stores and restaurants on matters of nutrition and healthy eating — without a degree, without any past success or knowledge, much less a track record of success regarding anything outside of maintaining toned triceps. Oh, and working in a hospital. <\/p>\n

Listening to accomplished losers lecture on how to ‘win the future\u2019 walks a fine line between humor and boredom, but such is power of the presidency. This country, economically, you\u2019d have to go back quite a while to find a time where we have been in worse shape — and that\u2019s mostly due to giving Obama the benefit of the doubt on his absurd theories of ‘winning the future\u2019 via massive surges in private sector regulations and spending and all that; lining the pockets of public sector unions, the phony ‘green\u2019 technology companies, crony capitalism with companies such as GE. We\u2019ve tried every way, we\u2019ve tried every Obama way, we\u2019ve tried every Obama idea, and we\u2019ve lost. We have listened to every idea that he has, every philosophy. The future will be won by defeating Obama at the ballot box. Yet there he is out there lecturing everybody at the Chamber of Commerce, and the State-Controlled Media said that his speech was just like JFK. We have a media montage of them just going bananas over Obama\u2019s speech at the Chamber.<\/p>\n

E.J. DIONNE: (b-roll noise) It was a John F. Kennedy sort of ‘ask, uh, what you can do for your country\u2019 speech!<\/p>\n

CONNELL McSHANE: (music under) A JFK moment…<\/p>\n

LARRY KUDLOW: …stealing a page from JFK. <\/p>\n

JOHN HARWOOD: A JFK-style challenge to businesses…<\/p>\n

SAVANNAH GUTHRIE: …a Kennedy-like call to action!<\/p>\n

MARK CRUMPTON: …hearken back to President Kennedy! <\/p>\n

CHRISTINE ROMANS: …sounded like JFK!<\/p>\n

RUSH: Isn\u2019t it amazing, folks? Here we have media all over the country saying, ‘Wow, it sounded just like JFK! Just like JFK.\u2019 Meanwhile, Obama is gonna double the unemployment insurance tax on employers. Double it! He didn\u2019t mention that to Chamber of Commerce, but he\u2019s gonna double it. He\u2019s also gonna bail the states out. That\u2019s already started. He helped them with their indebtedness over unemployment compensation benefits, in addition to doubling the unemployment insurance tax on employers. He doesn\u2019t tell them that. No, we\u2019ve got a JFK moment. As in, ‘Ask not what your country can do for you, ask what you can do for your country.\u2019 We\u2019ve gotta redistribute wealth! We have to share corporate profits with the ‘workers.\u2019 Good old totalitarian language: Share the profits with the workers. Not enough of that\u2019s been good guy. Not enough profit-sharing with the workers has been going on. Well, what did JFK have to say about economics? Let\u2019s go back. December 14th, 1962, New York City, New York Economic Club, John F. Kennedy. We have some sound bites of this speech.<\/p>\n

JOHN F. KENNEDY: This administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963. I am not talking about a quickie or a temporary tax cut which would be more appropriate if a recession were imminent. Nor am I talking about giving the economy a mere shot in the arm to ease some temporary complaint. The federal government\u2019s most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.<\/p>\n

RUSH: Folks, is your mouth open here? Is your mouth open in utter awe? John F. Kennedy. They just told us told us that Obama had a JFK moment. Here\u2019s John F. Kennedy in 1962: ‘Do not raise expenditures in a recession. Do not rush into a program of excessive increases in public expenditures in a recession; expand incentives and opportunities for private expenditures.\u2019 He wanted ‘an across-the-board, top-to-bottom cut in personal and corporate income taxes; not something quickie, not something temporary. Tax cuts would be appropriate if a recession were imminent, and even more so if we were in one.\u2019 There\u2019s not one, folks, similarity between JFK\u2019s economic recipe in 1962 and Obama\u2019s enactment of economic policies in 2009 to the present. They have nothing in common, other than they\u2019re both Democrats. <\/p>\n

This is how the left, this is how the media excels at history revision. Take an inaugural speech, ‘Ask not what your country can do for you, ask what you can do for your country,\u2019 and tell that to a bunch of CEOs as though they are stealing the country blind when you are at president. When you are stealing the country blind, when you\u2019re spending it into oblivion, you blame it on these guys and then claim it was Kennedyesque! Well, there\u2019s a problem. You just heard the first of a few sound bites we have of JFK talking about what to do in similar economic circumstances to today, and it is the exact opposite of what Obama is doing. Here\u2019s JFK even admitting here — and he knows about these things. He wasn\u2019t talking about a quickie. JFK knew about those things, as we all well know. More Kennedy sound bites, just to illustrate for you the totally fraudulent attempt to link Obama and JFK in this regard.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Barack Hussein Obama of the regime and his absurd admonitions to the US Chamber of Commerce. I don\u2019t know what this is. Is this giving the left some love before the big corporate tax cut? Is that what this speech was? Is there a big corporate tax cut coming? Is this sort of like, ‘Yeah, we\u2019re gonna sell the Huffington Post, and it\u2019s so wildly popular, we\u2019re gonna get $315 million! Oh, you people on the left, look at how big we are! We\u2019re selling this thing for $315 million. Zsa Zsa is gonna get 18 to 20 of it, and, by the way, we\u2019re moving to the center because…it didn\u2019t sell,\u2019 and this $315 million is just the left circling the wagons to try to create the impression it\u2019s big and happening. They\u2019ll pay anything to protect their reputations. <\/p>\n

They\u2019ll spend any price to create the impression that they\u2019re not failing. I mean, for crying out loud, folks, a JFK moment? Obama raising taxes, increasing regulations, wild federal spending, a JFK moment? It\u2019s more like a Bill Clinton moment with the media playing the role of Monica Lewinsky, and it just never stops! They just keep going. Here\u2019s more. This s is JFK December 14,1962 explaining trickle-down… (interruption) (sigh) Yes. ‘It\u2019s a Bill Clinton moment with the media playing the role of Monica Lewinsky.\u2019 Yes, you heard me right. Do you realize it takes away the humor, Snerdley, if I have to say things twice? (sigh) I\u2019m trying to maintain the rhythm here, speaking of Clinton and Lewinsky. JFK, this is December 14th, 1962, Economic Club, New York.<\/p>\n

JOHN F. KENNEDY: When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases and profits are higher. Corporate tax rates must also be cut to increase incentives and the availability of investment capital. The government has already taken major steps this year to reduce business tax liability and to stimulate the modernization, replacement, and expansion of our productive plant and equipment.<\/p>\n

RUSH: So, as you hear, there\u2019s nothing JFKesque about any policy Obama has had so far. So I\u2019m just wondering if he\u2019s not setting the stage here for a corporate tax reduction proposal that might be coming down the pike. I have to tell you, folks: Obama lecturing America\u2019s businesses about how to direct their profits? (chuckles) How do we sit here with a straight face? His ‘stimulus\u2019 plan was a massive failure. It drove up the deficit to unpayable levels. Obamacare is one of many elements that will… (snorts) I don\u2019t know. If it is fully implemented it is going to destroy the US private sector as we know it. Health care premiums will go up, trillions will be added to the deficit, with unemployment far higher than the reported and unacceptable nine 9% level here — and this guy, the architect of all of this goes out and lectures the Chamber of Commerce about how to direct their profits! This is so absurd. <\/p>\n

‘But Mr. Limbaugh, he\u2019s the president of the United States!\u2019<\/p>\n

I know, that\u2019s the real shame of it. How did that happen, Mr. New Castrati? People like you. I mean, it is so open to ridicule it makes me wonder if this is red meat to the left before some cold water gets poured on \u2019em. Like the sale of AOL, that\u2019s red meat to the left before they figure out that it was in the dumper. Obama has said he is open to lowering the corporate tax rate, and that will more than likely happen. I think that may be one of the reasons why the media has been given marching orders to go out there and compare Obama to JFK. So I wouldn\u2019t be a bit surprised if that\u2019s next to come: He proposes a cut in the corporate tax rate (which would be fine, by the way) and then they\u2019ll play these Kennedy bites and say, ‘See? It\u2019s Kennedyesque.\u2019 <\/p>\n

So I think Obama may be in that speech yesterday giving some rhetoric to the left before he signs up for supply-side stimulation in anticipation of the 2012 election. I\u2019m just guessing. I might be wrong. I wouldn\u2019t be surprised. But the point is Obama cannot abandon the left, and yet he has to do what he can to try to drive down unemployment, even if it\u2019s for show. He\u2019s gotta show a kinder, gentler side to independents. His reelection hinges on somehow getting them back from the Republicans, and if Obama takes real steps to help the private sector, he has to make increasingly absurd and hypocritical speeches to let the left know that Obama hasn\u2019t really embraced Reagan; he\u2019s just saying this stuff.<\/p>\n

He\u2019s gotta give \u2019em a wink here and say, ‘Okay, you guys understand here for the good of the movement I gotta say this stuff. I gotta do some of this stuff to get reelected, then we\u2019ll drop the hammer on them again.\u2019 That\u2019s the wink and nod. He\u2019s gotta rely on the sophistication of the left, and if he can\u2019t rely on that he\u2019ll rely on the media to secretly and publicly get that message out to the lunatic fringe. Well, look what\u2019s happening here. Obamacare is under assault. The Blue Dogs are abandoning the party. There are real cuts, deficit cuts being demanded. I\u2019ve got a story here in the stack: ‘A New Dem Threat to Health Care Law — A handful of moderate Senate Democrats are looking for ways to roll\u2019 it back as part of their reelection bid. <\/p>\n

Claire McCaskill is one. Joe Manchin in West Virginia and Ben Nelson of Nebraska are the others. You got that, and then you\u2019ve got a story here from TheHill.com: ‘Blue Dogs Mull Budget Defection — Blue Dog Democrats might support a plan from House Republicans to cut $32 billion in discretionary spending this year.\u2019 The bottom line is the Blue Dog Democrats in the House have no power unless they caucus with Republicans. Zilch zero nada. Nancy Pelosi\u2019s got nothing. Nancy Pelosi can\u2019t scare the Heath Shulers of the world anymore. Nancy Pelosi cannot scare these people. I mean, she can try to tell \u2019em, ‘We\u2019re gonna get back in office in two years and if you don\u2019t want support me now you\u2019re toast,\u2019 but in the meantime they have no power unless they caucus with the Republicans. <\/p>\n

So the Blue Dogs, they are abandoning the Democrat Party, they\u2019re abandoning Pelosi. There probably are gonna be significant spending cuts here, which puts the regime in a bit of a tough spot. ‘Cause Obama wants to get unemployment down to under 8% (or reported under 8%), and if he wants to be seen as being reasonable on the deficit, if he wants to get beyond the failures of Obamacare, he has to go out and spew boilerplate populism. He has to go out and talk about class warfare and straw men lies to offset any Reaganesque steps he may be forced to take or accept, and he may have to do these things. He may have to go out and make it look like he\u2019s moving to the center and articulate this stuff while giving a wink and a nod to his leftist fringe base. <\/p>\n

By the way, Pelosi hadn\u2019t even talked to the Blue Dogs since the election. So there\u2019s a schism, schism there. Obama\u2019s fully aware of all this, and they\u2019re trying to make some hay out of this Egypt business, and now lecturing the Chamber of Commerce. The architect of all of this economic failure is lecturing these people on what to do with their profits. What these people know is the longer this guy\u2019s in office there aren\u2019t gonna be any profits — and whatever profits there are, he\u2019s gonna take and redistribute himself. There\u2019s one more JFK bite from his speech at the New York Economic Club in December of 1962. And again, playing these for you because the media template here that Obama\u2019s speech to the Chamber was Kennedyesque.<\/p>\n

KENNEDY: Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders but by slow economic growth and periodic recessions. And any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low — and the soundest way to raise the revenues in the long run is to cut the rates now.<\/p>\n

RUSH: Now, they\u2019re out there comparing this to Obama — or I should say Obama to that — and it ain\u2019t true. There is no comparison. So they\u2019re either setting this up as Obama\u2019s gonna do some stuff that sounds like this or else they\u2019re just trying to pull the wool over our eyes knowing full well that (outside of this program) nobody\u2019s gonna know that JFK said anything like this.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: One thing here. We talked about Obama, Kennedy, taxes and so forth. AP with a story yesterday: ‘By One Measure, Federal Taxes Lowest Since 1950.\u2019 They start out by asking: ‘Taxes too high? Actually, as a share of the nation\u2019s economy, Uncle Sam\u2019s take this year will be the lowest since 1950, when the Korean War was just getting under way.\u2019 What they\u2019re basically saying is tax revenue is down. Uncle Sam is not getting his fair share. Tax revenue is down, thanks to the recession, which has been going on over 19 months. Tax revenue is down because 17% of the population isn\u2019t working! Tax revenue\u2019s down because a whole bunch of people have no jobs and aren\u2019t paying any taxes. But they want you to think taxes are down because our rates are too low. <\/p>\n

AP is running a piece here that basically says we need to raise federal income taxes. ‘The poor economy is largely to blame, with corporate profits down and unemployment up. But so is a tax code that grows each year with new deductions, credits and exemptions.\u2019 This is the truth. AP is just an arm of Obama. You have the president out saying one thing to the Chamber of Commerce. Here\u2019s AP wringing its hands, ‘Oh, tax revenue to the federal government.\u2019 Imagine that. When is the last time AP ran a story on, ‘Oh, my gosh, how hard is it for people to live when they\u2019re fired and have no income.\u2019 No, when it\u2019s a Democrat president we got stories about the new discoveries of life that await you on the unemployment line, new togetherness with your family, new togetherness with your children, a new purpose in life. Republican president, you\u2019re unemployed, you may as well go commit suicide. Poor old Uncle Sam getting the short end of the stick. Right. Because of Obama. If you want to look at it that way.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: This is Ben in Brooklyn. You\u2019re next, sir, on the EIB Network. Hello.<\/p>\n

CALLER: Hello, sir. I just wanted to point out that Mr. Obama is the opposite of JFK. JFK said, ‘Ask what you can do for your country, not what your country can do for you.\u2019 And here he\u2019s telling everybody to demand health care from their country. He goes into a room and speaks to a handful of corporations. Corporations are not people. The 43% of the country who are not paying taxes, who are giving nothing to their country and taking, United Auto Workers who are being bailed out by their fellow citizens and are not contributing the way that everybody\u2019s expected to. Those are the people he\u2019s supposed to address.<\/p>\n

RUSH: Well, we were told, now, don\u2019t forget at the passing of Senator Kennedy, we were told that Obama was the last of the Kennedy brothers. Bill Clinton was the first black president and Obama\u2019s the last of the Kennedy brothers. And you\u2019re right, I mean if the Obama presidency had a subtitle, it would be, ‘Line up here for your benefits.\u2019<\/p>\n

CALLER: Right.<\/p>\n

RUSH: Trying to invoke JFK. Thanks, Ben, appreciate it. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Here\u2019s Steve in Germantown, welcome to the EIB Network, sir. Great to have you here.<\/p>\n

CALLER: Rush, thanks for taking my call.<\/p>\n

RUSH: You bet, sir.<\/p>\n

CALLER: I don\u2019t want to say I\u2019ve been waiting long, but I wanted to comment on the recent tragic shooting of the president at Ford\u2019s theater. Anyway, hard to follow Buck, but I wanted to comment, when I was listening to you talk about the media the way they are hoisting Obama up on the shoulders of JFK and they\u2019ve been doing it with Reagan, and there\u2019s references to other presidents, it just occurs to me, who is Barack Obama? All he is is a caricature of some other president.<\/p>\n

RUSH: Exactly right. Whoever he is, they can\u2019t tell us that. When it\u2019s reelection time, Obama is either Reagan, now he\u2019s JFK, but he can\u2019t be Obama. Wouldn\u2019t put up with that.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Yesterday Barack Obama went to the Chamber of Commerce to make a big speech. There were two applause lines in 40 minutes. 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There were two applause lines in 40 minutes. Barack Obama was lecturing the private sector on proper business practices, expansion, investment, profitability, without a hint much experience much less a track record of success in the private sector and with […]","twitter_image":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125108.Par.89380.ImageFile.jpg","twitter_misc":{"Written by":"admin","Est. reading time":"16 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/#article","isPartOf":{"@id":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/"},"author":{"name":"admin","@id":"https:\/\/www.rushlimbaugh.com\/#\/schema\/person\/911066e449df26406b107ca78cbbde0b"},"headline":"Obama Lectures US Businesses, Media Tell Us He Sounds Like JFK","datePublished":"2011-05-19T00:05:17+00:00","mainEntityOfPage":{"@id":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/"},"wordCount":3290,"commentCount":0,"image":{"@id":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/#primaryimage"},"thumbnailUrl":"https:\/\/live-rush-limbaugh.pantheonsite.io\/wp-content\/uploads\/01125108.Par.89380.ImageFile.jpg","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/","url":"https:\/\/admin.rushlimbaugh.com\/daily\/2011\/02\/08\/obama_lectures_us_businesses_media_tell_us_he_sounds_like_jfk\/","name":"Obama Lectures US Businesses, Media Tell Us He Sounds Like JFK - 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