Saturday, February 28, 2009

Rush Limbaugh Wraps Up CPAC


This is Rush Limbaugh's speech at the Conservative Political Action Conference in Washington, DC. It's no wonder the liberals have gone after Rush Limbaugh so vociferously in recent weeks. They need to silence him before the Obama sheeple start listening, truly listening, and snap out of their apathetic trance. Conservatives need more icons like Rush to champion their beliefs and values. The 2008 election would have been dramatically different had McCain possessed 1/10th of the passion and clarity of Rush Limbaugh.

This speech is truly stirring.











Download the speech:
Part 1 | Part 2 | Rush Accepts CPAC Award
BEGIN TRANSCRIPT
RUSH: Thank you so much. Thank you. Thank you all very, very much. Thank you all. I can't tell you how wonderful that makes me feel. It happens everywhere I go, but it's still special here. [ Laughter ] If you all will indulge me, I learned something, I guess, it's early Friday morning that I didn't know. Friday morning is when I learned this. I learned that Fox, God love them, is televising this speech on the Fox News Channel, which means, ladies and gentleman, this is my first ever address to the nation. [Applause]

Now, I have someone in back taking phone numbers. In fact, I would like to introduce to you my security chief, a man who runs all of my security. His name is Joseph Stalin. Joseph, would you please -- [Laughter ] I am safe from any liberal attack, in public, because they would be afraid of offending Stalin. [Laughter] Now the opportunity here to address the nation, a serious one, it really is. And I want to take it seriously. I want to address something. I know that people are probably watching this who never have listened to my program and may not even really know what conservativism is. They think they do based on how they've been told -- the way we've been impugned and maligned and so forth. One of the things that is totally erroneous about me -- and I just want to get this up front -- is that I'm pompous. [Laughter]

And that I am arrogant. Neither of these things are remotely true. I can tell you a joke to illustrate this. Larry King passed away, goes to heaven. He's greeted by Saint Peter at the gates. Saint Peter says, "Welcome, Mr. King, it's great to have you here. I want to show you around, give you an idea of what's here, maybe you can pick a place that you'd like to reside." King says, "I just have one question: Is Rush Limbaugh here?"

"No, he's got a lot of time yet, Mr. King." So Saint Peter begins the tour. Larry King sees the various places and it's beyond anything we can imagine in terms of beauty. Finally, he gets to the biggest room of all, with this giant throne. And over the throne is a flashing beautiful angelic neon sign that says "Rush Limbaugh." [Laughter]

And Larry King looks at Saint Peter and says: "I thought you said he wasn't here."

"He said, he's not, he's not. This is God's room. He just thinks he's Rush Limbaugh."[Laughter] [Applause]

So you see I'm not pompous. [Laughter]

Now, seriously, for those of you watching on C-SPAN as well, and on Fox, I want to tell you who we all are in this room. I want to tell you who conservatives are. We conservatives have not done a good enough job of just laying out basically who we are because we make the mistake of assuming people know. What they know is largely incorrect based on the way we are portrayed in pop culture, in the Drive-By Media, by the Democrat Party.

Let me tell you who we conservatives are: We love people. [Applause] When we look out over the United States of America, when we are anywhere, when we see a group of people, such as this or anywhere, we see Americans. We see human beings. We don't see groups. We don't see victims. We don't see people we want to exploit. What we see -- what we see is potential. We do not look out across the country and see the average American, the person that makes this country work. We do not see that person with contempt. We don't think that person doesn't have what it takes. We believe that person can be the best he or she wants to be if certain things are just removed from their path like onerous taxes, regulations and too much government. [Applause]

We want every American to be the best he or she chooses to be. We recognize that we are all individuals. We love and revere our founding documents, the Constitution and the Declaration of Independence. [Applause] We believe that the preamble to the Constitution contains an inarguable truth that we are all endowed by our creator with certain inalienable rights, among them life. [Applause] Liberty, Freedom. [Applause] And the pursuit of happiness. [Applause] Those of you watching at home may wonder why this is being applauded. We conservatives think all three are under assault. [Applause] Thank you. Thank you.

We don't want to tell anybody how to live. That's up to you. If you want to make the best of yourself, feel free. If you want to ruin your life, we'll try to stop it -- and make -- but it's a waste. We look over the country as it is today, we see so much waste, human potential that's been destroyed by 50 years of a welfare state. By a failed war on poverty. [Applause]

We love the people of this country. And we want this to be the greatest country it can be, but we do understand, as people created and endowed by our creator, we're all individuals. We resist the effort to group us. We resist the effort to make us feel that we're all the same, that we're no different than anybody else. We're all different. There are no two things or people in this world who are created in a way that they end up with equal outcomes. That's up to them. They are created equal, given the chance - -[Applause]

We don't hate anybody. We don't -- I mean, the racism in this country, if you ask me, I know many people in this audience -- let me deal with this head on. You know what the cliche is, a conservative: racist, sexist, bigot, homophobe. Excuse me, ladies and gentlemen of America, if you were paying attention, I know you were, the racism in our culture was exclusively and full on display in the Democrat primary last year. [Applause]

It was not us asking whether Barack Obama was authentic. What we were asking is: Is he wrong? We concluded, yes. We still think so. But we didn't ask if he was authentically black. We didn't say, as some southern Christian leadership conference leaders said: Barack is not authentic, he's not got any slave blood. He's really not down for the struggle, but his wife does. So don't expect the race industry to go away. Southern Christian Leadership Council-- you may not know this, because it wasn't reported in the Drive-By Media -- the racism, the sexism, the bigotry that we're all charged with, just so you across the United States of America know, and you'll see demonstrated here as the afternoon goes on, doesn't exist on our side. We want everybody to succeed. [Applause]

You know why? You know why? We want the country to succeed and for the country to succeed its people, its individuals must succeed. Everyone among us must be pursuing his ambition or her desire, whatever, with excellence. Trying to be the best they can be. Not told, as they are told by the Democrat Party: You really can't do that, you don't have what it takes, besides you're a minority or you're a woman and there are too many people that want to discriminate against you. You can't get anywhere. You need to depend on us.

Well. Take a look, someone has to say this -- I am thrilled for the opportunity to say it in my first national address to the nation -- and I'm going to touch on this in more detail in a moment but this is just to get you thinking -- take a look at all the constituency groups that for 50 years have been depending on the Democrat Party to improve their lives. And you tell me if you find any. They're still complaining, still griping about the same problems. Their problems don't get fixed by government. And those lives have been poisoned. Those lives have been cut short by false promises, from government representatives who said don't worry about it, we'll take care of you. Just vote for us. [Applause]

For those of you just tuning in on the Fox News Channel or C-SPAN, I'm Rush Limbaugh and I want everyone in this room and every one of you around the country to succeed. I want anyone who believes in life, liberty, pursuit of happiness to succeed. And I want any force, any person, any element of an overarching big government that would stop your success, I want that organization, that element or that person to fail. I want you to succeed. [Applause] Also, for those of you in the Drive-By Media watching, I have not needed a teleprompter for anything I've said. [Cheers and Applause ] And nor do any of us need a teleprompter, because our beliefs are not the result of calculations and contrivances. Our beliefs are not the result of a deranged psychology. Our beliefs are our core. Our beliefs are our hearts. We don't have to make notes about what we believe. We don't have to write down, oh do I believe it do I believe it we can tell people what we believe off the top of our heads and we can do it with passion and we can do it with clarity, and we can do it persuasively. Some of us just haven't had the inspiration or motivation to do so in a number of years, but that's about to change. [Cheers and Applause]

For example, we gather here -- I understand that. I talked to David and Lisa in the super exclusive private green room that nobody, but about 55 people were allowed into, and they said that there's a sense of liberation here among all of you that are attending CPAC. I understand what the sense of liberation is about. But don't make the mistake at the same time of feeling liberated as thinking we're better and we can do better as a minority. Because we're not a minority. And if you start thinking of yourselves as a minority, you're going to be defensive. And you'll allow the majority to set the agenda and the premise and you're responding to it. The American people may not all vote the way we wish them to, but more Americans than you know live their lives as conservatives in one degree or another. And they are waiting for leadership. We need conservative leadership. We can take this country back. All we need is to nominate the right candidate. It's no more complicated than that. [Applause]

Now, let me speak about President Obama for just a second. President Obama is one of the most gifted politicians, one of the most gifted men that I have ever witnessed. He has extraordinary talents. He has communication skills that hardly anyone can surpass. No, seriously. No, no, I'm being very serious about this. It just breaks my heart that he does not use these extraordinary talents and gifts to motivate and inspire the American people to be the best they can be. He's doing just the opposite. And it's a shame. [Applause] President Obama has the ability -- he has the ability to inspire excellence in people's pursuits. He has the ability to do all this, yet he pursues a path, seeks a path that punishes achievement, that punishes earners and punishes -- and he speaks negatively of the country. Ronald Reagan used to speak of a shining city on a hill. Barack Obama portrays America as a soup kitchen in some dark night in a corner of America that's very obscure.

He's constantly telling the American people that bad times are ahead, worst times are ahead. And it's troubling, because this is the United States of America. Anybody ever ask -- I'm in awe of our country and I ask this question a lot as I've gotten older. We're less than 300 years old. We are younger than nations that have been on this planet for thousands of years. We, nevertheless, in less than 300 years -- by the way, we're no different than any other human beings around the world. Our DNA is no different. We're not better just because we're born in America. There's nothing that sets us apart. How did this happen? How did the United States of America become the world's lone super power, the world's economic engine, the most prosperous opportunity for an advanced lifestyle that humanity has ever known? How did this happen? And why pray tell does the President of the United States want to destroy it? It saddens me.

The freedom we spoke of earlier is the freedom, it's the ambition, it's the desire, the wherewithal, the passions that people have that gave us the great entrepreneurial advances, the great inventions, the greatest food production, the human lifestyle advances in this country, why shouldn't that be rewarded? Why is that now the focus of punishment? Why is that now the focus of blame? Why doesn't -- Mayor Bloomberg the other day, ladies and gentlemen, resisting his Governor's call for an increased tax on the rich in New York had some astounding numbers. Eight million people live in New York. 40,000 of those eight million pay roughly 60 to 70% of New York's operating budget. He was afraid that if he raised taxes on those people some of them might leave. Mayor, one already has, by the way. [Applause] Stop and think of this, though. Stop and think of this. 40,000 people out of eight million. He's right, if 10,000 of them leave, or 5,000, they've got a huge problem. Because New York has its own welfare state inside the one the federal government's created. They've got a dependency class that has grown up and been educated their entitlement is to be fed and taken care of by these evil mean people who have more than they do. If New York City, New York State or Washington, DC were a business, these 40,000 people would be taken on golf tournament trips to Los Angeles, and they would be wined and dined and they would be thanked and they would be encouraged to keep it up. They wouldn't be told they're the problem. They wouldn't be told, except there's -- I pride my accuracy rating. There is one other business where the customer is always wrong and that's the media. Sorry about that. [Applause]

Have you ever called to complain about whatever they do? They say, yes, sir, yes, sir, three bags full. They hang up and say you're too stupid to know how they're doing what they're doing. You can't get it. You're not sophisticated enough. So that's another business where the customer is always wrong. But, seriously, the people who have achieved great things, most of it is not inherited. Most wealth in this country is the result of entrepreneurial, just plain old hard work. There's no reason to punish it. There's no reason to raise taxes on these people. Barack Obama, the Democrat Party, have one responsibility, and that's to respect the oath they gave to protect, defend and follow the US Constitution. [Applause]

They don't have the right to take money that's not theirs and none of it is from the back pockets of producers and give it to groups like ACORN which are going to advance the Democrat Party. If anybody but government were doing this, it would be a crime. And many of us think it's bordering on that as it exists now. [Applause]
President Obama is so busy trying to foment and create anger in a created atmosphere of crisis. He is so busy fueling the emotions of class envy that he's forgotten it's not his money that he's spending. [Applause] In fact, the money he's spending is not ours. He's spending wealth that has yet to be created. And that is not sustainable. It will not work. This has been tried around the world. And every time it's been tried it's a failed disaster.

What's the longest war in American history? Did somebody say the war on poverty? Smart group. War on poverty. The war on poverty essentially started in the '30s as part of the New Deal, but it really ramped up in the '60s with Lyndon Johnson, part of the great society war on poverty. We have transferred something like 10 trillion, maybe close to 11 trillion, from producers and earners to nonproducers and earners since 1965. Yet, as I listen to the Democratic Party campaign, why, America is still a soup kitchen, the poor is still poor and they have no hope and they're poor for what reason? They're poor because of us, because we don't care, and because we've gotten rich by taking from them, that's what kids in school are taught today. That's what others have said to the media. You know why they're poor, you know why they remain poor? Because their lives have been destroyed by the never-ending government hay that's designed to help them but it destroys ambition. It destroys the education they might get to learn to be self-fulfilling. [Applause] And it breaks our heart. It breaks our heart. We lose track of numbers with all of the money, with all the money that's been transferred, redistributed, with all the charitable giving in this country.

Ladies and gentlemen, there ought not be any poverty except those who are genuinely ill equipped. But most of the people in poverty in this country are equipped for far much more. They've just been beaten down. They're told don't worry, we'll take care of you. There's nothing out there for you anyway; you'll be discriminated against. Breaks our heart to see this. We can't have a great country and a growing economy with more and more people being told they have a right, because of some injustice that's been done to them or some discrimination, that they have a right to the earnings of others. And it's gotten so out of hand now that what worries me is that this administration, the Barack Obama administration is actively seeking to expand the welfare state in this country because he wants to control it.

George Will once asked Dr. Friedrich Von Hayek, tremendous classical liberal economist, great man. 1975, George Will, Dr. Von Hayek, why is it that intellectuals, supposed smartest people in the room, why is it that intellectuals can look right out their windows, their own homes and cars and look at their universities and not see the bounties and the growth and the greatness of capitalism? And von Hayek said: I've troubled over this for years and I've finally concluded that for intellectuals, pseudo intellectuals, and all liberals, it's about control. It's not about raising revenue. You think Obama has any intention of paying for all this spending? Folks, if he had any intention of paying for it, he wouldn't do 90% of it because we don't have the money. [Applause]

They don't care about paying for it. All that's just words. All that's just rhetoric paying for it because he knows you have to worry about paying for it. He knows we all have to be concerned -- oh, except, wrong again. Except the words of Barney Frank and Chris Dodd who were given homes that everybody knew they could never pay for, and now Barney Frank and Chris Dodd the architects along with Bill Clinton of the policy that gave us the whole sub-prime mortgage crisis get to sit around and act as innocent spectators to investigate what went on when they largely had the biggest role in causing it. [Applause]

Congressman Frank's definition of affordable housing is you get a house you don't have to pay for that everybody else in the neighborhood will pay for. Why? Because it's unfair that some people can have a house and some people can't. Geez, it's just unfair. So here we have two systems. We have socialism, collectivism, Stalin, whatever you want to call it, versus capitalism. Admittedly over on the right side capitalism there will be unequal outcomes because we're all different. And some of us care more and have more passion and we know what we want to do and others are still struggling for it. Some people are just going to work harder than others. Okay. You get what you work for. Those who have a genuine inability for whatever reason are taken care of. We're compassionate people. On the left side when you get into this collectivism socialism stuff, these people on the left, the Democrats and liberals today claim that they are pained by the inequities and the inequalities in our society. And they believe that these inequities and inequalities descend from the selfishness and the greed of the achievers. And so they tell the people who are on different income quintiles, whatever lists, they say it's not that you're not working hard enough, you could have what they have, perhaps, if you applied it. They're stealing it from you.
So what liberals do, and I say this again to the -- another thing, I know people in the country are watching. I was watching a focus group after some event this week. Might have been after Obama's State of the Union show. [Laughter] And they had -- it was a typical, you know, Drive-By Media focus group. They round up losers -- [Laughter] -- who hear Obama speak and think that the next day their gas tanks are going to be filled up and get a new house and a new kitchen and a new car. And so this one guy said -- oh, it was some guy responding to Bobby Jindal.

Oh, by the way did you hear about Joe Biden? Joe Biden was mystified how Bobby Jindal got his shift off at 7-Eleven that night to make the speech. Wait a minute. Wait a minute. Time out. Suspend speech for explanation. People watching at home. I'm glad this happened. Glad this happened. You think I just made a joke, an ethnic joke about Bobby Jindal, don't you? I didn't. I made a joke about the bigotry of the Vice President of the United States, Joe Biden. It was Joe Biden while walking through the train station he knows so well because he's such a real guy, that he made a comment that you can't go into a 7-Eleven without seeing some Indian guy behind the counter. They're all over the place.

Now, let a conservative say something like that and he's brought up before John Conyers' committee with Pat Leahy wanting at you next. Many people think I lose my place in these speeches because -- by the way what time is it? We have plenty of time. We have to be out of here by -- [Applause] We have to be out of here by 6:00 -- okay, depends on how you behave. I'll decide as we go on. What liberalism Democrat, for those of you in the country, I really want you to believe this because it's the truth. I'm not saying it just because I believe it. This is a core. I want the best country we can have. We want the most prosperous people. We want to be growing. We want to lead the world. We want everybody to come here legally. We want this country to be so damn great and we just cringe to watch it basically capitalism be assaulted and our culture be reoriented to where the people that make it work are the enemy. That's not the United States of America. The people that make this country work, the people who pay on their mortgages, the people getting up and going to work, striving in this recession to not participate in it, they're not the enemy.

They're the people that hire you. They're the people that are going to give you a job. They're the people that are going to give you a raise, the people that need you to do work for them. [Applause] President Obama and take your pick of any Democrat love to say we've tried it your way. Meaning Reaganism. We've tried it your way. We tried it your way in the '80s and it didn't work. We tried it your way eight years, the last eight years and it didn't work. Excuse me. Excuse me. Have you ever noticed those of you watching around the world in my first international address to the world, Fox is on some international satellites. They're watching this in the UK right now going (cringing). When Obama talks about past economies, he somehow always leaves out the recession of the '80s as worst than this one. Why does he leave it out? Because you know why he leaves it out, America? He leaves it out because we got out of that recession with tax cuts. [Applause] For those of you watching at home I'm not nervous it's just really hot in here. These people are wired. We got out of the 1980s recession with tax cuts. Do you know that President Obama, in six weeks of his administration, has proposed more spending than from the founding of the country to his inauguration?

Now, this is not prosperity. It is not going to engender prosperity. It's not going to create prosperity and it's also not going to advance or promote freedom. It's going to be just the opposite. There are going to be more controls over what you can and can't do, how you can and can't do it, what you can and can't drive, what you can and can't say, where you can and can't say it. All of these things are coming down the pike, because it's not about revenue generation to them, it's about control. They do believe that they have compassion. They do believe they care. But, see, we never are allowed to look at the results of their plans, we are told we must only look at their good intentions, their big hearts. The fact that they have destroyed poor families by breaking up those families by offering welfare checks to women to keep having babies no more father needed, he's out doing something, the government's the father, they destroy the family. We're not supposed to analyze that. We're not supposed to talk about that. We're supposed to talk about their good intentions. They destroy people's futures. The future is not big government. Self-serving politicians. Powerful bureaucrats. This has been tried, tested throughout history. The result has always been disaster. President Obama, your agenda is not new. It's not change, and it's not hope. [Applause] Spending a nation into generational debt is not an act of compassion. All politicians, including President Obama, are temporary stewards of this nation. It is not their task to remake the founding of this country. It is not their task to tear it apart and rebuild it in their image.

(Crowd chanting "USA!")

It is not their task, it is not their right to remake this nation to accommodate their psychology. I sometimes wonder if liberalism is not just a psychosis or a psychology, not an idiotology. It's so much about feelings and the predominant feeling that liberalism is about is about feeling good about themselves and they do that by telling themselves they have all this compassion. You know, if you really want to unhinge a liberal it's hard to do because they're so unhinged now anyway, even after -- but all you have to do is say you know what the things you people do, the things you people believe in are cruel. That's the last way they look at themselves. They are the best people on the -- they're the good people. You tell them that their ideas and that their policies are cruel and the eggs start scrambling.

I have learned how to tweak liberals everywhere. I do it instinctively now. Tweak them in the media. And no reason to be afraid of these people. Why in the world would you be afraid of the deranged? There really is no reason to be afraid of them. And there's no reason to assume they're the minority. And there's no reason to let them set all the premises and all the agendas to which we respond to. I'm getting a little bit ahead of myself here but everybody asks me and I'm sure it's been a focal point of your convention: What do we do as conservatives? What do we do? How do we overcome this?

Well, the one thing, and there are many, but one thing that we can all do is stop assuming that the way to beat them is with better policy ideas right now. I don't want to name any names. It's not the point. But I talk to people about the Obama budget or the Obama Porkulous bill or whatever else TARP 2 whatever it's going to be, and they start talking to me in the terms of process and policy. I say stop it. What do you mean? Who is setting the process or policy? They are. You want to tweak it? No. This is philosophy, folks. This guy, I forgot -- the guy in the focus group after Bobby Jindal said, I didn't want to hear him talk, he said: Republicans and Democrats. Republicans and Democrats. Ladies and gentlemen of the United States of America, that's exactly what your future is about, who wins, Republicans or Democrats, conservatives versus liberals. The notion of partisanship, false premise. Let me define bipartisanship for you. Bipartisanship -- everybody seems to go orgasmic over the concept of bipartisanship. Don't worry, I checked with Fox, that word's okay. [Laughter] [Applause]

Remember, they covered the Lewinsky thing, so that's my -- bipartisanship occurs only after one other result, and that is victory. In other words, let's say as conservatives liberals demand that we be bipartisan with them in Congress. What they mean is: We check our core principles at the door, come in, let them run the show and agree with them. That's bipartisanship to them. To us, bipartisanship is them being forced to agree with us after we politically have cleaned their clocks and beaten them. And that has to be what we're focused on. [Applause] Why would any of us in this room who hold the core beliefs we believe, somebody tell me where is the compromise on all of this spending? Where is the compromise on all this punishment of the achievers. I don't know. [Laughter] [Applause]

Where is the compromise between good and evil? Should Jesus have cut a different deal? Serious. From the standpoint of what we have to do, folks, this is not about taking a policy or a process that the Democrats have put forward and fighting around the edges. If we're going to convince the minds and hearts of the American people that what's about to happen to them is as disastrous as anything in their lives in peacetime, we're going to have to discuss philosophy with them. We are going to have to talk about principle, because our principles are not present in what's happening here. So where the hell do we go to compromise what we believe in when our principles are not their principles, they're just the opposite of what's happening? [Applause]

The American people -- it's a tough challenge. I admit -- I admit it's a tough challenge, but it's worth it. It's worth it. The way I just defined bipartisanship you could turn it around and liberals will define bipartisanship when we surrender and say okay we give. We're not quitting. We are not giving up. The country is too important. [Applause] There are certain realities. We don't have the votes in Capitol Hill to stop what's going to happen. What we can do is slow it down, procedure, parliamentary procedures, slow it down and do the best we can to inform the American people of what's really on the horizon. I know it's going to be tough. At some point I don't think it can happen even right now. This is still the honeymoon period, and there's a lot of devotion to the Obama administration. It doesn't have anything to do with intellectual thinking, it's feelings. It's going to take some time for this to play out. But I spoke to David Keene interviewing for my newsletter. I asked him about this. He said they're going to overreach. Wouldn't you say they have? [Laughter].

They're going to overreach. At some point, at some point people have got to realize none of this is possible. You can't have people living in homes they don't pay for. You can't have people driving cars they don't pay for. I mean, you can for a while. But after a while the people paying for it -- screw this. We're not putting up with it. And you're going to see -- you're already starting to see evidence of these. All the tea parties that are starting to bubble up out there. Those are great.Fabulous. [Applause] And here's the big question. Here's the big question. And I ask this again in the context of my first address to the nation. [Laughter] You don't know how I love saying that, how excited I am about this. Aside from the bastardization of the Constitution that the Obama plans are, that TARP is, it's not constitutional. Aside from that, where is the evidence that the people offering all of this have ever succeeded in any similar plans before? There's none. There is no evidence it works. [Applause]

So you say how is he getting it done? Dumb down public education. Dumb down public education. Emotions. And the ongoing -- this is why I think it's such a waste for a man as gifted as President Obama with the communications skills, you know he could wipe out the Republican Party. He can wipe out the Republican Party if he would inspire this country to be the best it could be, but we don't have to worry about that because that's not what he wants. He wants people in fear, angst and crisis, fearing the worst each and every day because that clears the decks for President Obama and his pals to come in with the answers, which are abject failures, historically shown and demonstrated. Doesn't matter. They'll have control of it when it's all over. And that's what they want. Because they think they can do it better. They see these inequalities, these inequities that capitalism produces. How do they fix it? Do they try to elevate those at the bottom? No! They try to tear down the people at the bottom. It's not fair you're up there. So they whack us. That's not what made the country great.[Applause] And no evidence of it is in play here.

John Kerry [Boos], who served in Vietnam. [Laughter] Think about this, and, by the way, Barney Frank got involved with this, too. Northern Trust, a bank in Chicago -- by the way, which holds the mortgage to the Messiah's house, purchased by Tony Rezko, Northern Trust holds the mortgage. Northern Trust was forced, like Wells Fargo was forced, to take TARP money. The Wells Fargo CEO said they were taken into Paulson's room and they were given until 5:00 to sign it. They weren't getting out until they did. They wanted it spread all over the banking business. Northern Trust was in there. They didn't want it. They took $1.6 billion. As you know, they went out and they sponsored the LA Riveria Open two weeks ago that Phil Mickelson barely hung on and won. [Applause]

And we find out they hired some liberals to entertain, but it still wasn't good enough. They hired Sheryl Crow. And they hired the rock crooner group Chicago, but they had the audacity, Northern Trust did, to entertain their clients, to try to reward their best customers, to get new customers, banking is in trouble, Northern Trust is trying to do what they always do, what all businesses do, and that is mine for new clients and reward existing good customers. Not since they took $1.6 billion, I guess. The haughty John Kerry wrote a piece of legislation said: He's getting sick and tired, sick and tired of these CEOs using taxpayer money to throw all these lavish parties. And I'm saying where do you get yours, Senator? [Applause]

Sad thing, sad thing is it works. They've created class envy in so many average Americans that they love hearing that. Yeah, you get even with those bank guys. How is it going to improve here? Let me ask a question for those of you watching my first national address. Take the favorite villain you've got, maybe it's John Thain at Merrill Lynch, because he used his own money, his company's own money, his company's own money, to redecorate a bathroom in a office for $1.2 million. By the way, to do that he had to hire a contractor. They got paid. Had to hire a designer and buy furniture, that's called stimulus. And he did it.

But all of a sudden John Thain's thrown out. John Thain is thrown out. He's humiliated and embarrassed; how dare he? He did it a year before they took the TARP money. And all these Congressmen are standing up saying this is not going to happen. We are not going to watch these people capping executive pay while Obama tries to live like one. You know, he's trying to emulate the lifestyle he is attacking. That's what liberals do. Two sets of rules: One for them; one for everybody else. But it's coming. See, if you think that John Thain or the Northern Trust CEO, if you love them getting attacked, if you love them being ripped, ask yourself the next day, do you have any more money in your pocket? Is your life any better because that guy got taken out or down by some haughty senator from Massachusetts?

If you ask yourself this, you'll realize your life is no better off. That the Democrats and Obama are asking you to feel better simply on the basis that they're going to get revenge for you, but your life isn't going to improve, somebody else's is just going to be destroyed and they want you to be happy over that. That's sick. And that is not the United States of America. [Applause] Besides, as far as John Kerry is concerned, if it wasn't for his varicose veins he would be totally colorless. [Laughter]

Now let's talk about the conservative movement as it were. We, ladies and gentlemen, have challenges that are part and parcel of a movement that feels it has just suffered a humiliating defeat when it's not humiliating. This wasn't a land slide victory, 52 to, what, 46. 58 million people voted against Obama. There would have been more if we would have had a conservative nominee. [Applause] I don't mean that -- I mean that in an instructive way, as a lead-in to what I'm talking about here. No humiliating defeat here. I can't -- sometimes I get livid and angry. We do have an organizational problem. We have a challenge. We've got factions now within our own movement seeking power to dominate it, and worst of all to redefine it. Well, the Constitution doesn't need to be redefined. Conservative intellectuals, the Declaration of Independence does not need to be redefined and neither does conservativism. Conservativism is what it is and it is forever. It's not something you can bend and shape and flake and form. [Applause] Thank you. Thank you.

For the purposes of this occasion, I'm not going to mention any names, I bet with you I won't have to. People watching my first address to the nation might be curious what I'm talking about. They'll find out in due course, trust me on this. I cringed -- it might have been 2007, late 2007 or sometime during 2008, but a couple of prominent conservative but beltway establishment media types began to write on the concept that the era of Reagan is over. [Crowd Booing]

And that we needed to adapt our appeal, because, after all, what's important in politics is winning elections. And so we have to understand that the American people, they want big government. We just have to find a way to tell them we're no longer opposed to that. We will come up with our own version of it that is wiser and smarter, but we've got to go get the WalMart voter, and we've got to get the Hispanic voter, and we've got to get the recalcitrant independent women. And I'm listening to this and I am just apoplectic: The era of Reagan is over? When the hell do you hear a Democrat say the era of FDR is over? You never hear it. Not only that, the President of the United States today thinks he's FDR, thinks he's Abraham Lincoln, and sometimes, Tuesday night, thinks he's Ronald Reagan. Our own movement has members trying to throw Reagan out while the Democrats know they can't accomplish what they want unless they appeal to Reagan voters. We have got to stamp this out within this movement, because it will tear us apart. It will guarantee we lose elections. [Applause]

We have to. You see, to me it's a no-brainer. It's not even something to me: How do you get rid of Reagan from conservativism? The blueprint -- the blueprint for landslide conservative victory is right there. Why in the hell do the smartest people in our room want to chuck it? I know why. I know exactly why. It's because they're embarrassed of some of the people who call themselves conservatives. These people in New York and Washington, cocktail elitists, they get made fun of when the next NASCAR race is on TV and their cocktail buds come up to them, those people are in your party? How do you put up with this? It would be easy to throw them overboard, so as to maintain these cocktail party beltway New York City inside the beltway media relationships. But I tell you: This notion that Reaganism is dead, conservativism needs to be refined, let's take a look at this. We've got to go get the Walmart voter. I opened my remarks tonight by telling the people watching on Fox who we conservatives are. When I look out at you in this audience, I don't see a Walmart voter. And I don't see a black, and I don't see a woman, and I don't see a Hispanic. I see human beings who happen to be fortunate enough to be the luckiest people on earth you are Americans. [Applause]

Conservativism -- for us to make the decision that we've got to figure out policies, to get the Walmart voter -- psst, we've got most of them already, is the bottom line. Conservatism is a universal set of core principles. You don't check principles at the door. This is a battle that we're going to have. And there are egos involved here, too. When the situation like ours exists, there are people who want to lead it. They want to redefine it. Their egos are such that they want to be the next X, whoever it is. So there will be different factions lining up to try to define what conservatism is. And beware of those different factions who seek as part of their attempt to redefine conservativism, as making sure the liberals like us, making sure that the media likes us. They never will, as long as we remain conservatives. They can't possibly like us; they're our enemy. In a political arena of ideas, they're our enemy. They think we need to be defeated. Why do you think -- you all in this room know this. For those of you watching at home, my first address to the nation -- [Laughter] -- I'm sure you paid close enough attention, that you knew at one time Senator McCain was the favorite Republican of all the cable news networks and the Sunday shows. And they would just -- I mean their tongues would be on the floor. The media people (panting) when they knew McCain was coming. And they would treat McCain as the greatest guy in the world. Did you wonder why? You were told he was moderate. He was not strict. He was not an authoritarian, he was able to walk to the other side of the aisle, able to get along with the enemy. And everybody wants love and bipartisanship.

That's not why they invited Senator McCain. They invited Senator McCain because he happened to be the loudest at criticizing his own president and his own party and that's what they want, is people from our side -- and there will be factions in our movement, folks, who are going to make an effort to say we have to grow, we can't stay stale, I think I heard the term used the other day. Nothing stale about freedom. There's nothing stale about liberty. There's nothing stale about fighting for it. Nothing stale whatsoever. [Applause] Freedom. Are you getting tired of standing up, I don't blame you. By the way for those watching on TV you think the standing -- people are just tired. They've been up and out of their chairs 100 times here. [Applause] Thank you. Freedom -- freedom is the natural yearning of the human spirit as we were endowed by our creator. And the United States of America is the place in the world where that yearning flourishes. Where freedom is expected because it's part of the way we're created.

I loved it when the Soviet Union went down and the wall went down and the liberals in our country said you know they may not be ready for freedom over there. They've been oppressed -- yes, liberals will gladly tell you who can have freedom and who can't. And that's what the pieces of legislation is all about, folks, freedom, liberty, economic prosperity, they're all entwined here we'll have to as a conservative movement understand that our job, after we come to an agreement among ourselves, which shouldn't be hard but it's going to be difficult because the people that think they're smarter than everybody else are going to be out there forging alliances with people that try to make themselves look like new power brokers, and they will become the spokesmen, by the way.

By the way, explain that to you. This is a funny story. Show you how I can hijack a news cycle even by doing anything. The Tuesday before the inauguration, President Bush invited me to the Oval Office for lunch. And it was on and off the record, some of the conversations. And he brought out, interesting, at the end of it -- my birthday had been the day before. He brought out a chocolate birthday cake, a microphone, and stood beside me with Ed Gillespie and sang happy birthday. Photographers taking pictures. I wish my parents were alive. My parents wouldn't believe my life. They came out of Great Depression. They didn't think it was possible for somebody who did not go to college and even for people who did they didn't think this was possible. Life has changed so much for the better in this country. That's why I cringe when I see what is in store.

So as I'm flying home from lunch, I'm watching television and I see that the word has leaked out that Obama is hosting a dinner with conservative media pundits at the home of George Will. I said: I wonder who these people are? [Laughter] In the media one of them is going to have to leak it. Sure as heck, one did. Now, we all know who were there. And let's see -- I can't rather all the names I won't mention any. But let me tell you Obama's purpose. Does anybody really think that Barack Obama had dinner with a bunch of conservatives hoping they would change his mind?

CROWD: No!

RUSH: Hell no. His purpose -- and his purpose really wasn't to change theirs. His purpose was to anoint them as conservative spokesmen. These are the people that Obama's willing to break bread with. These happen -- some of the people there happen to be the people who think the era of Reagan is over, who believe that conservatism needs to be redefined. Of course Obama would try to lure them in. Well, all of a sudden I land. I get home about 5:00, and my e-mail is jammed with questions from reporters, are you, is that why you took the day off today? Is that why you're not on the air? Are you going to dinner with Obama? By the way, I left out a crucial part of the story. Was this a Monday, Kit? It was a Tuesday. I had forgotten to tell my audience that I was going to miss the next day I signed off the show saying I'll see you tomorrow. That's the last thing I said. The staff reminded me you're not going to be here tomorrow. I came up with a plan, that the guest host the next day would say that I was called out of town to Washington at midnight the night before. Just an innocent little trick on the radio audience. Everybody picked that up and thinks I'm invited to the Obama. So those people that were invited to it got less coverage than I did and I didn't even know about it. [Laughter] It was fun. [Applause]

Conservatives are naturally happy. We seek happiness. We pursue it. It's part of who we are. So what can you do? Live your life. I swear, folks, you do not know in just the everyday life that you live in your homes, your neighborhoods, the favorite word of this administration, your communities. Remember the root word there is "commune". [Applause] Be happy, live your life according to your values and principles. Know you're going to fail no human being is perfect, you're going to make mistakes, but live your life -- you'll be stunned at how many people you impress. Don't be afraid to tell children that they're wrong. They don't know what you do. They simply haven't lived long enough. It's not their fault but they're being fed a bunch of garbage in school and don't be afraid to tell them that they're wrong.

Don't go the Oprah route and say gotta be friends with my parents, my kids and foremost. Understand they're going to hate you for a while and they're going to rebel against you and some day they're going to think you're the smartest person they ever met. But you owe them the truth. You owe them the truth about things. You owe them the truth about morality. You owe them the truth about values. [Applause] You owe them the truth about politics. Next thing, we've got to stop treating voters as children. [Applause] Somebody says they want something that's bad for them, do you give it to them just to be nice? Or do you tell them, regardless of their age, no, you shouldn't have that? Well, it's none of your business. Maybe not. And then you back out of it. But you still have to have the ability to tell people what's right and wrong. And that's not authoritative. That's not authoritarian. And it's not trying to deny somebody a good time. It's not trying to interrupt somebody's hedonism, pleasure, it's about all of us with shared values trying to make sure that people live the highest quality lives they can. Ultimately it's their decision as to what they do. But the point is don't treat them like especially voters as kids just -- they say they want it okay we'll come up with a plan to give it to you.

Have any of you see the movie -- I'd never heard of it, but I happened to get a DVD the other day. Anybody see the movie Swing Vote with Kevin Costner? You know, it's kind of a moronic movie like most things out of Hollywood are. But this is fascinating in the way -- tell you a short story, because a voter screw up in New Mexico there's one voter who is going to elect the president. His vote didn't count because his daughter voted for him. I won't give the whole story away. But Mexico's electoral votes, New Mexico's electoral votes determined. And they have a two-week period before this guy can vote again. So the challenger and the president both relocate to where this guy lives in New Mexico and they end up like the Democrat played by Dennis Hopper stands for antiabortion. The Democrat candidate comes out with a commercial for life. The Republican candidate comes out, because this guy is an idiot and doesn't know what he believes, and every utterance that he makes these politicians react to it throwing their principles on the floor, just to get his vote. Sadly, this is what some of the conservative intellectuals in our movement want to do, essentially. And that we cannot do. We've got to stand for what we believe and treat people as adults and understand they can learn. [Applause] Go optimism.

Joe Biden, ladies and gentlemen, was watching CBS -- when did you start here? Thursday. You might have seen this. The days run together. It might have been Wednesday, but Biden was on the CBS early show. And he was asked -- the anchorette -- sorry. I'm trying to change my ways. I've been doing women summit programs so not to offend women. The anchor, Maggie Rodriguez, went out and got some man on the street questions. And one guy, woman, I think question for Biden. What is in the stimulus package for small business? Biden was clearly stumped because there isn't anything in the stimulus package for small business. So what Biden said, honest to God, what Biden said was: Well, if there's a bridge to your small business, we're going to make sure that bridge stays open so that you can get to your small business and your customers -- honest. I kid you not. Now, of course, the media today is a bunch of hacks they're out there as PR agents they're starting to get a little embarrassed. Maggie Rodriguez says Senator Biden there's a website that answers all these questions. What is the name of the website and Biden says I don't know. He looks off stage. "Does somebody have the website number?" [Applause] I realize those of you watching at home during my first address to the nation, you have never heard liberal Democrats be made fun of in this way. Get used to it. [Applause]

Two other things and we'll get out of here contractually over time. The president's stimulus package, the TARP, the whatever, the budget, relies on one thing for its success. Well, aside from authoritarian government power. It relies on the complacency of the American people. It relies on their belief that they can convince the American people that there's such a crisis that the only government, the only entity that can fix its government, as Obama has said. So they get complacent and they sit around and they wait. See, this is something liberals will never understand about the United States of America and it's right under their noses, right in front of their faces, we are a competitive people. We strive, enough of us do, to be the best. We strive to win. We strive to avoid defeat. Enough of us still do. Don't believe otherwise. The liberals have made efforts to shut that aspect of our nature down. Wherever you live, I am certain that you, when you were a child or your kids today in youth sports are told not to keep score, because the losers, it's just not fair. They'd be humiliated especially if one girl's basketball team can defeat another one 100 to nothing. And let's fire the coach who put that game together. It's so unfair. So let's not keep score. Well, here's the dirty little secret. The kids are keeping score. [Applause] You know they are. They don't want to lose. They know what winning and losing is. They're saying, well why go out there and put on the pads and play football or T ball if the objective here is to not keep score. So they're keeping score. They get in the car with mom and dad and they tell mom and dad: Yeah, we kicked their butts tonight. Wait a minute, I thought you weren't keeping score. They weren't officially. They keep score. We're competitive people. Adults are doing the same thing.

It didn't take long for people to get fired up when they figured out that they're going to be paying mortgages for people who should never have been lent money in the first place for the bogus excuse of maintaining property values in the neighborhood. This is something that -- the complacency of the American people is something they're going to rely on along with their authoritarian efforts to control it. But they will not succeed at this. Because we're not quitters. We don't acquiesce. We're not going to give up the American dream and watch idly while it is restructured and transformed. [Applause]

As I say, we want the best: Happiness for everybody. Now, about my still to me mysteriously controversial comment that I hope President Obama fails. I was watching the Super Bowl. And as you know, I love the Pittsburgh Steelers. [Cheers and Applause] So they have this miraculous scoring drive that puts them up by 4. 15 seconds left. Kurt Warner on the field for the Cardinals. And I sure as heck want you to know I hope he failed. I did not want the Cardinals to win. I wanted Warner to make the biggest fool of himself possible. I wanted a sack, I wanted anything. I wanted the Steelers to win. I wanted to win. I wanted the Cardinals to fail.

This notion that I want the President to fail, folks, this shows you a sign of the problem we've got. That's nothing more than common sense and to not be able to say it, why in the world do I want what we just described, rampant government growth indebtedness, wealth that's not even being created yet that is being spent, what is in this? What possibly is in this that anybody of us want to succeed? Did the Democrats want the war on Iraq to fail!

CROWD: Yes!

RUSH: They certainly did. They not only wanted the war in Iraq to fail, they proclaimed it a failure. There's Dingy Harry Reid waiving a white flag: [Harry Reid impression] This war is lost. This war is -- [Cheers and Applause] They called General Petraeus a liar before he even testified. Mrs. Clinton -- [Crowd Booing] -- said she had to, willingly suspend disbelief in order to listen to Patraeus. We're in the process of winning the war. The last thing they wanted was to win. They hoped George Bush failed. So what is so strange about being honest to say that I want Barack Obama to fail if his mission is to restructure and reform this country so that capitalism and individual liberty are not its foundation? Why would I want that to succeed? [Applause]

Let me add a caveat here. My friends, I know what's going on. I know what's going on. We're in the aspects here of an historic presidency. I know that. But let me be honest again. I got over the historical aspects of this in November. President Obama is our president. President Obama stands for certain things. I don't care, he could be a martian. He could be from Michigan, I don't know -- just kidding. Doesn't matter to me what his race is. It doesn't matter. He's liberal is what matters to me. And his articulated -- his articulated plans scare me. Now, I understand we can't say we want the President to fail, Mr. Limbaugh. That's like saying -- this is the voice of the New Castrati, by the way, guys who have lost their guts. You can't say Mr. Limbaugh that you want the President to fail because that's like saying you want the country to fail. It's the opposite. I want the country to survive. I want the country to succeed. [Cheers and Applause] [Crowd Chanting USA ]

I want the country to survive as we have known it, as you and I were raised in it, is what I mean. Now, I have been called -- and I can take it. Pioneers take the arrows, I don't mind what anybody says about me, any time ever. I don't have time for it. I don't give other people the power to offend me. And you shouldn't either. By the wasted time being offended.[Applause]

I mean, there's some people you can't say you want the President to fail. Ladies and gentlemen of the United States, the Democrat Party has actively not just sought the failure of Republican presidents and policies and now wars for the first time, the Democrat Party doesn't stop at failure. Talk to Judge Robert Bork or Justice Clarence Thomas about how they tried to destroy lives, reputations and character, and I'm supposed to say I don't want the President to fail? [Applause] We're in for a real battle. We are talking about the United States of America -- and there will always be an America, don't misunderstand me -- we're talking about it remaining the country we were all born into and reared and grown into. And it's under assault. It's always under assault. But it's never been under assault like this from within before. And it's a serious, serious battle.

So as you leave here, as you leave here optimism, confidence, not guilt, it's not worth it. There's nothing to be guilty about. Don't treat people as children. Respect their intelligence. Realize that there's a way to persuade people. Sometimes the worst way is to get in their face and point a finger. Set up a set of circumstances where the conclusion is obvious. Let them think they came up with the idea themselves. They'll think they're smart that they figured it out. Who cares how you persuade them, the fact they can be persuaded is factually correct, it's possible. But the main thing to do here is stop thinking that we are a minority. Stop thinking that it is being in the minority that liberates you. It is your beliefs. It is your core principles, it is your confidence that liberates you. It's not being in the minority.

In fact, for those of you watching my first national address and still hanging in there, we really are not that happy about being a minority and we're out to change it. [Applause]So I have -- I've gone over my allotted time by an hour. [Applause]

I want to thank all of you so much for everything that you have meant to me and my family in my life.

CROWD: Thank you.

RUSH: I understand it's mutual. And I hear people -- you have made my heart grow so much that it barely fits in my chest cavity here tonight. But the things that by virtue of your listening to my radio show and being active in this movement that we all cherish and love, you have meant more to me, my family and my life than whatever it is I might mean to you, even though I know that's considerable. [Applause] You still can't outdo the absolute joy and awe and thanks I feel for all of you. I've been doing this for 20 years and the numbers just keep growing. And I can't tell you how appreciative I am and proud to be in a movement with the same passions, desires and core beliefs that all of you have, because we know that it's right for the country, and we know it's right for people. It's not something that has to be forced on them. It's not something that has to be authoritatively pressed on them. We are what is, and that's why we are an enemy because we're effective. The people that do want control look at us as the enemy. We're always going to be -- don't ever measure your success by how many Drive-By Media reports you see that are fair to us. Never going to happen. Don't measure your success by how many people like you. Just worry about how they vote. And then at the end of the day how they live but that's really none of your business once they close the doors. Thank you all very much. It's been great.
END TRANSCRIPT

A Radical Presidency


When I laid out my reasons not to elect Brack Obama, I specifically said:
I woke up this morning and realized that America up and vanished on me like a fart in the wind. In the year 2008, we are on the cusp of electing the most unqualified candidate that has come to the plate in decades.

We’re on the verge of electing a candidate who advocates blatantly socialistic policies he describes as, “spreading the wealth,” policies “based on fairness” rather than personal liberty.

We are literally standing at the rim of a precipice, staring into an abyss that looks a whole lot like communism and not at all like free market capitalism.
I'm sad to say, it seems I was spot on - and that was four and a half months ago. Even sadder is that this country is a month into Obama's presidency and the economy is faring far worse than even the most pessimistic of his critics could have ever predicted. Sadder still is the economy isn't just tanking, it's being fundamentally altered into something quite unrecognizable. Obama's administration is rapidly increasing the federal government's stake in the economy to such an extent I am in perpetual awe at those who would scoff at conservative concerns of growing socialism.

At some point, the numerous people who voted for "Hope" and "Change" are going to have to snap back to reality and admit they were wrong. At some point, these people will have to crack a history book (one not written by a liberal revisionist) and take a long hard look at FDR's failed economic policies. At some point in the not so distant future, Americans will have to look at the Rise and Fall of Socialism and understand that it doesn't work - ever.

The first step on the journey to reality is for everyone to wake up out of their "Messiah"-induced trance of apathy. The "fundamental changes" Obama promised are here. His brand of radicalism is coming to fruition and Americans will have to decide whether they want to follow Obama like a mindless herd of cattle on its way to the slaughter, or stand in opposition to the socialism being forced down our throats.

Below is an article from The Wall Street Journal which I think does a nice job of outlining Obama's radicalism:
A Radical Presidency
February 26, 2009
THE WALL STREET JOURNAL
Franklin D. Roosevelt gives his Jan. 4, 1935, State of the Union speech, seeking authority to create jobs for persons then on relief











When Barack Obama delivered his 44-minute acceptance speech in August among the majestic columns of Denver, it was apparent his would be an expansive presidency. Some wondered whether his solutions for a very long list of problems was too ambitious. On Tuesday, before Congress, he made clear across 52 minutes that the economic downturn would not deflect him from his Denver vision.

Instead, the economic crisis, as it did for Franklin D. Roosevelt, will serve as a stepping stone to a radical shift in the relationship between the people and their government. It will bind Americans to their government in ways not experienced since the New Deal. This tectonic shift, if successful, will be equal to the forces of public authority set in motion by Lyndon Johnson's Great Society. The Obama presidency is going to be a radical presidency.

Barack Obama is proposing that the U.S. alter the relationship between the national government and private sector that was put in place by Ronald Reagan and largely continued by the presidencies of Bill Clinton and the Bushes. Then, the private sector led the economy. Now Washington will chart its course.


Mr. Obama was clear about his intention. "Our economy did not fall into this decline overnight," he said. Instead, an "era" has "failed" to think about the nation's long-term future. With the urgency of a prophet, he says the "day of reckoning has arrived." The president said his purpose is not to "only revive this economy."

In fact, people would probably coronate Mr. Obama if he merely revived the Dow Jones Industrial Average. The Dow's fall since the Sept. 14 collapse of Lehman Brothers and sale of Merrill Lynch to Bank of America has eviscerated the net wealth of Americans across all incomes. Many are in the most dispirited state in their lifetimes.

Yesterday, the post-Obama Dow lost another percentage point. No matter. In his worldview, "short-term gains were prized over long-term prosperity." His speech did include a plan to address the market crisis. It consists of a program to support consumer and small-business loans; a mortgage refinancing mechanism; and the "full force of the government" to restart bank lending. Mr. Obama delivered that last element with a rather crude pistol-whipping of the nation's bankers and CEOs, thousands of whom have been operating their companies in a responsible, productive way.

This was just the prelude. Notwithstanding the daily nightmares of the economic crisis, now is the time to "boldly" rebuild the nation's "foundation." The U.S. budget he released today isn't just a budget. "I see it as a vision for America -- as a blueprint for our future." With it, Mr. Obama becomes the economy's Architect-in-Chief.

This blueprint will reshape energy and health. With energy, it proposes a gradual tear-down of the existing energy sector and its replacement with renewables. This vision has foundered before on the price disadvantage of noncarbon energy. Mr. Obama says he will "make" renewable energy profitable. He'll do this with a cap-and-trade system for carbon. The goal here is to "make" renewables economic by driving up the price of carbon.

The once-private auto industry, now run by federal "car czar" Steve Rattner, a reformed investment banker, is about to be ordered to produce "more efficient cars and trucks." Americans, like it or not, will buy these government-designed vehicles with government-supported car loans.

Mr. Obama believes health-care costs cause a bankruptcy "every 30 seconds" and will drive 1.5 million Americans from their homes this year. Therefore, the budget's vision on health is "historic" and a "downpayment" toward comprehensive health insurance. This "will not wait another year," he said.

He announced "tax-free universal savings accounts" as a solution to Social Security's crisis. This is a savings plan supported by federal matching contributions automatically deposited in individual accounts.

Mr. Obama acknowledged that this spending -- which in the public sector's new vocabulary is always "investment" -- will be costly. His read-my-lips moment was that no family with an income under $250,000 will pay a "single dime" in new taxes to support the construction of this new federal skyscraper. If that's still true in 2015, Mr. Obama will be walking back and forth across the Potomac River.

He told Congress he does not believe in bigger government. I don't believe that. It's becoming clear that the private sector is going to be demoted into a secondary role in the U.S. system. This isn't socialism, but it is not the system we've had since the early 1980s. It would be a reordered economic system, its direction chosen and guided by Mr. Obama and his inner circle.

Gov. Bobby Jindal's postspeech reply did not come close to recognizing the gauntlet Mr. Obama has thrown down to the opposition. Unless the GOP can discover a radical message of its own to distinguish it from the president's, it should prepare to live under Mr. Obama's radicalism for at least a generation.

Write to henninger@wsj.com

The Silver-Tongued Orator

Editorial Cartoon by Eric Allie

Friday, February 27, 2009

My Address to the Boston Tea Party

After all the spending bills have done their damage, this nation will be approximately 12 TRILLION dollars in debt… which is sadly ironic because there are 12 zeros in that number – a number that is SO big, most people can’t even seem to wrap their head around it. In a single month, this administration has increased the national deficit and debt by about 25%.

With the $787 billion dollar “stimulus” bill, there’s an ad spot – and I don’t know if you’ve seen this – but there’s an ad spot which explains that you could spend a million dollars every single day since the birth of Jesus (that’s about 2,000 years ago for you secular types), and even if you spent that much at that rate, you still wouldn’t have spent as much as this administration did on this one bill.

So, what did we get out of it?
(In millions)
Food and farming $26,466
Commerce, justice and science $15,920
Defense $4,555
Energy and the environment $50,825
Government $6,858
Homeland security $2,755
Outdoors, Indian reservations and the arts $10,950
Labor and volunteering, healthcare and social services, education, social security $72,564
Military and veterans $4,281
Foreign relations $602
Transportation and housing $61,795
Aid to states $53,600
Tax cuts $301,278
Individual aid $45,788
Individual healthcare aid $24,749
Health IT $17,559
Aid to states for Medicaid $90,044
Total: $787,241

I'd argue that about 1/2 of this bill isn't aimed at economic stimulus at all.

Make no mistake, a large portion of this bill had very little to do with our economic situation. This was a transparent attempt to push through a big-spending initiative that’s been waiting in the socialist wings for years. As Obama’s Chief of Staff, Rham Emmanuel pointed out, they “will not let a crises go to waste.”

Why else was this bill rushed through Congress before a single representative had a chance to read it? It certainly wasn’t for urgency; most of the spending won’t even start until a year from now. No… this bill was rushed through Congress (after which point it sat on Obama’s desk for three days while he went on holiday with his family) because the administration and Congress knew this “stimulus” fa├žade represented the single best opportunity to bully through their pork initiatives… which, in turn, raises their popularity with their constituency.. which is just a pathetic attempt to take advantage of this recession with the intent of getting themselves re-elected.

In the basest of summaries – all of this pork is aimed at buying votes. Votes which, by in large, are not cast by voters with a comprehensive understanding of our economic situation – I’m talking about a portion of the population which has somehow forgotten that a few hundred dollar welfare check comes at the expense of a job which would, ultimately, pay far more. There are the same people who fail to understand that the government can’t give out anything to anyone unless it comes from someone else.

As President’s Ford and Reagan both pointed out, “A government big enough to give you everything you want, is strong enough to take away everything you have.” I think Americans have had it so good for so long, we’ve started to think we’re above and beyond the basic principles of big and small government.

Well, that’s what this Nation-wide tea-party is all about! Around the nation, hundreds, maybe thousands of Americans are gathering to protest the expansion of this socialist government agenda. Our founding fathers threw tea into the Boston Harbor to protest King George’s taxation without representation of America. We’re protesting because King Obama is disproportionately taxing the people who make the jobs and investments in this country, and giving that money (in the form of pork projects, socialist initiatives and welfare) to the people who he knows voted for him in November and who he “hopes” will vote for him in 2012. It’s all about buying votes…

The strawman response to our concerns is that, “The government has to do something.” Well gee-wiz! When you put it like that, I guess a 12 trillion dollar national debt doesn’t sound so bad, huh?

Here are some American Solutions, worked up and promoted by Newt Gingrich, which I think we can all stand behind…

1. Payroll Tax Stimulus: With a temporary new tax credit to offset 50% of the payroll tax, every small business would have more money, and all Americans would take home more of what they earn.

2. Real Middle-Income Tax Relief: Reduce the marginal tax rate of 25% down to 15%, in effect establishing a flat-rate tax of 15% for close to 9 out of 10 American workers.

3. Reduce the Business Tax Rate: Match Ireland’s rate of 12.5% to keep more jobs in America.

4. Homeowner’s Assistance: Provide tax credit incentives to responsible home buyers so they can keep their homes.

5. Control Spending So We Can Move to a Balanced Budget: This begins with eliminating Congressional earmarks and wasteful pork-barrel spending.

6. No State Aid Without Protection From Fraud: Require state governments to adopt anti-fraud and anti-theft policies before giving them more money.

7. More American Energy Now: Explore for more American oil and gas and invest in affordable energy for the future, including clean coal, ethanol, nuclear power and renewable fuels.

8. Abolish Taxes on Capital Gains: Match China, Singapore and many other competitors. More investment in America means more jobs in America.

9. Protect the Rights of American Workers: We must protect a worker’s right to decide by secret ballot whether to join a union, and a worker’s right to negotiate freely. Forced unionism will kill jobs at a time when we can’t afford to lose them.

10. Replace Sarbanes-Oxley: This failed law is crippling entrepreneurial startups. Replace it with affordable rules that help create jobs, not destroy them.

11. Abolish the Death Tax: Americans should work for their families, not for Washington.

12. Invest in Energy and Transportation Infrastructure: This includes a new, expanded electric power grid and a 21st century air traffic control system that will reduce delays in air travel and save passengers, employees and airlines billions of dollars per year.

Allow me to leave you with this parting thought:

It was the Soviet Leader Nikita Khrushchev who once said, "We cannot expect Americans to jump from capitalism to communism, but we can assist their elected leaders in giving Americans small doses of socialism until they suddenly awake to find they have communism."

Obma was right about one thing during his congressional address the other night, the time of reckoning IS now. We cannot allow this generational theft act to go quietly. We cannot idly stand by as politicians ignore the dire needs of this country and peruse their own self interests. Join me and capitalists around the nation in our efforts to revitalize the principles which have helped make this country the most wealthy and charitable nation in the world.

Thanks so much for listening. Let's get started on the BIG Tea Party on July 4 - where we will remind everyone why this is the land of opportunity, not the land of socialist favoritism.

Wednesday, February 25, 2009

The Obama/Stock Market Connection... (Part III)


Political Cartoon by Gary Varvel

((Click here for "The Obama/Stock Market Connection Part I"...))
((Click here for "The Obama/Stock Market Connection Part II"...))


Allow me to provide you with yet another visual before I offer some closing remarks on this issue:

Dow Jones Industrial ~4 year analysis (click to enlarge)










  1. Democrats take over both the House and Senate
  2. Obama announces his presidency
  3. Housing and credit worries sweep the markets
  4. Housing bubble bursts
  5. Obama’s intrade odds against Hillary Clinton begin to climb steeply
  6. Obama wins the democratic nomination
  7. DNC Convention concludes
  8. Obama overtakes McCain’s momentary poll lead (notice the Dow drops after the lead change, not before it – thus indicating the Obama’s poll edge lead the economic down turn, it didn’t follow as the left-leaning media insisted).
  9. Obama wins presidential election
  10. Obama, Pelosi and Reid begin stimulus plans
  11. Obama’s Inauguration
  12. Announcement and passage of Obama’s “stimulus” bill
Does any of this mean that Obama is responsible for every market drop we've experienced over the past year? Certainly not. The economy is perfectly capable of fluctuating irrespective of Obama, or any politician for that matter.

I'm well aware of the various economic factors which have negatively impacted American markets. Caterpillar Inc.’s warning that the housing slump was infecting the wider economy likely served as the catalyst of the housing market bubble burst. In February, The Institute for Supply Management’s non-manufacturing index data showed the worst monthly contraction in the services sector since the last U.S. recession and Standard & Poor’s warned it could cut bank credit ratings - which sent stocks dropping further. Oil prices plummeted and fueled inflation fears, and the credit and mortgage markets have only gotten worse.

I've never contended that America wouldn't be in a recession if not for Barack Obama. What I've contended, rather, is that he has made a bad situation worse. The chart above shows that Obama's political successes have hurt the markets. The markets drop every time his economic policies enter the limelight. Whether he has directly or indirectly affected the markets is debatable, but what is not debatable is that he has negatively affected them.

Here are Neil Cavuto and Charles Payne discussing Obama's impact on the stock markets:


Now for the bomb shell... none of these facts will even matter. In a couple of months, liberals will have molded their revisionist history, and Obama's role in this recession will be erased from the annals of history - just as Clinton's role in the 2000 recession seems to have escaped everyone's memory.

Even more sinister is the unavoidable catch 22 this creates for Americans. Every single American wants this recession to end, and it will. The markets cannot drop forever. But when they do reach rock bottom, Obama and his cronies will be there in full force, claiming they have "ended the recession." Obama's stimulus bill, which has clearly caused the markets to tank more dramatically in recent days, will be credited for the rebound as a means for justifying liberals' efforts to buy themselves a more socialized country.

Never mind the fact that this recession is bound to end eventually anyways. Never mind that fact that when the markets bottom out and begin to rebound, it will be in spite of Obama's policies, not because of them. Never mind the fact that, when the dust settles from this panic storm which Obama has wrought, this country will have increased its national debt by over 25%. Never mind the fact that when this is all said and done, the government will own and/or control between 1/3 and 1/2 of the entire nation's wealth. Let's not pay attention to the fact that when people begin to rely on the government for work, they can no longer hold that same government to an objective standard. Let's pretend that socialized spending initiatives aren't a blatant attempt to buy votes for the politicans who crated them. Disregard the fact that all of this is NOT conducive to a functioning republic. Let's just ignore the failed history and context of socialism all together, and plod along in a daze because Barack Obama reads empty platitudes and falsehoods off of a teleprompter well. Let's continue to count ourselves amongst the bleating heard of Obama sheople, blindly eaiting up every word he utters as if they were subsidized gumdrops from heaven.

And never forget, we're not allowed to use the word "socialism" in educated discourse any more. Why? Because Keith Olbermann and Chris Matthews said so.

At the risk of sounding like "Nobody Messes With Joe" Biden: Mark my words, because school books are generally written and proctored by liberals, we will one day find our children and our children's children reading text books which suggest that Obama saved this country from a recession which was solely George W. Bush's fault. No mention will ever be made of the Obama/Stock Market Connection - it will be as if he never existed until the markets rebounded.

President Obama will be our messiah, even if liberals have to rewrite history to make it so.

((Click here for "The Obama/Stock Market Connection Part I"...))
((Click here for "The Obama/Stock Market Connection Part II"...))

Oink Oink Go The Earmarks

Remember this?



Well, brace yourselves... this new "Omnibus" is looking even worse!
$7.7 Billion In Earmarks In 2009 Omnibus Spending Bill
TAX PAYERS FOR COMMON SENSE
Feb 24, 2009

Taxpayers for Common Sense (TCS) has been going through the omnibus to pull together a total number of earmarks and dollar amount. TCS found 8,570 disclosed earmarks worth $7.7 billion. When you add the $6.6 billion in disclosed earmarks that were in the three FY09 spending bills that passed in the fall (Defense, DHS, MilCon/VA) you end up with $14.3 billion worth of disclosed earmarks in FY09. The apples-to-apples comparison from 2008 yielded $14.8 billion, so there was a $500 million reduction in disclosed earmarks between FY08 and FY09. Click here for the preliminary analysis.

A big disparity between TCS’s number and the Committee number ($3.8 billion) is that the Appropriations Committee chooses not to include earmarks from project-based accounts in their totals, despite the fact that they were not requested by the administration. For example, the Corps of Engineers budget is made up of hundreds of projects that add up to the agency total. These numbers are not included in the committee totals or in their reduction predictions. In addition, the committee ascribes many operations and maintenance projects to the President when they were not actually requested as part of the FY09 budget.

Finally, we can only provide numbers for disclosed earmarks. These are the projects with a member’s name next to them. However, TCS has been doing earmark analysis for many years and we found a lot of “looks like earmark, talks like an earmark” provisions in the bill that we tally as “undisclosed” earmarks, so our totals are apple-to-apple with previous years. For instance, last year TCS found billions ($3.5B) of undisclosed earmarks to go with the earmarks disclosed by the committees ($14.8B). This number will take a lot more digging to figure out. But we are on it.

FY2009 Omnibus Disclosed Earmark Totals - With Comparison to FY2008 Totals (Excel File)

###

Examples of Earmarks in the Omnibus

$713,625 Woody Biomass at SUNY-ESF. Walsh and Schumer sponsors
$951,500 Sustainable Las Vegas. Berkeley and Reid sponsors.
$24,000 A+ for Abstinence. Specter is sponsor.
$300,000 Montana World Trade Center. Rehberg sponsor.
$950,000 Myrtle Beach International Trade and Convention Center. Graham sponsor.
$200,000 Oil Region Alliance. Peterson sponsor.
$190,000 Buffalo Bill Historical Center, Cody, WY for digitizing and editing the Cody collection. Barbara Cubin is the sponsor
$143,000 Las Vegas Natural History Museum, Las Vegas, NV, to expand natural history education programs. Sponsored by Harry Reid
$238,000 for the Polynesian Voyaging Society, Honolulu, HI, for educational programs. Sen. Daniel Inouye is the sponsor.
$381,000 for Jazz at Lincoln Center, New York, NY for music education programs. Jerrold Nadler is the sponsor.

Reagan Responds to Obama's Congressional Address


Bobby Jindal's lack-luster response to Obama's Inaugural Address didn't quite paint an adequate picture of the severity of the issues facing us today, nor did his words convey the danger of the path this administration has chosen. I fear Americans will once again be star-stricken by the oratory prowess of Barack Obama, especially when they are not provided with a substantive alternative. As was the case with the election, Obama's empty platitudes, falsehoods and misrepresentations will be overlooked because he reads a teleprompter well.

Truly, it's a shame that conservatives do not currently have a elegant rhetorician to champion their beliefs, but this was not always the case. Forty five years ago, Ronald Wilson Reagan made a speech which, by most accounts, could have been repeated tonight to more adequately rebuke Obama's liberal agenda.

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