Tuesday, March 10, 2009

Who Really Needs to be Worrying About The Financial System?




Rush Limbaugh in an TV interview had stated, that if Obama's policies are socialist agendas, then he wishes those policies to fail. If his policies are Regan policies, he'd wish him success.

Of course the liberal media misquotes this and says that he simply wants Obama to fail. And we lambast Rush.

But isn't it amazing that the entire Bush term, the Democratic Congress, the media, Hollywood, and democrats themselves, all wanted Bush to fail.....and explicity stated so....

So, that was ok. But it is not ok to wish that Obama fails.....even tho that's not really what Rush Limbaugh even said?

FoxNews on a 2006 poll.

http://www.foxnews.com/politics/first100days/2009/03/09/flashback-poll-showed-democrats-wanted-bush-fail/



Speaking of el Rushbo, he made a great analysis of ol' Barack's comments to the NY Times. I'll post a snipped here:

The president of the United States is not inspiring any confidence whatsoever. The only people being inspired are those who simply believe the words of Obama because he's Obama, the same people that voted for him, because there's certainly nothing of substance. Let's listen to a couple of sound bites. This is last Friday. Less than 90 minutes after Air Force One landed on the way back from Columbus, Ohio, President Obama called the New York Times about the interview he gave them earlier.

One of the things that he was upset about, they'd asked him about whether he was a socialist, and apparently his handlers thought that his answer wasn't any good, because he says, (paraphrasing) "I've been thinking about this socialist thing that you guys at the New York Times asked me about, and I thought you were joking, but if you were serious, I want to give you a serious answer to this." Clearly the accusation that he's a socialist is bothering him, and if you call a news agency back to try to set the record straight, in the first place he's the only guy that can get away with that, calling back, "By the way, I want to change what I said to you guys," da-da-da-da-da. If I tried something like that, "Uh-oh, uh-oh, we caught Limbaugh! Mr. Limbaugh called the New York Times back trying to change the record, but, a-ha, we've discovered that we hit a sore spot." It's not how it goes with Mr. Obama yet, but the New York Times reporter says, "So who's watch are we talking about here, sir, when it comes to this socialism business?"

OBAMA: By the time we got here, there already had been an enormous infusion of taxpayer money into the financial system, and the thing I constantly try to emphasize to people is that if coming in the market was doing fine, nobody would be happier than me to stay out of it.

REPORTER: Right.

OBAMA: You know, I have more than enough to do without having to worry about the financial system.


RUSH: Now, that's an inspiring thing to say. I have more than enough to do without having to worry about the financial system. This does not inspire confidence among people who listen to what this man says. This frightens them. This whole answer that he gave, "I constantly try to emphasize to people that, if coming in, the market was doing fine, nobody would be happier than me to stay out of it." The dirty little secret is, Mr. President, we had stimulated the banks. We stimulated Wall Street, and it didn't work. This is a question that I asked last Friday. Aren't we about out of time now? Don't we have enough evidence that these political solutions don't work? We bailed out General Motors. Their auditors are talking about bankruptcy. We bailed out Chrysler, ditto. We bailed out banks, they continue to go south, they continue to lose their share price. The New York Times has had to sell and buy back or done some maneuver with its own building today. Anything that we have touched, anything the US government's bailed out is not working: AIG, Citibank, Citigroup, whatever, any of these banks, the vast majority of them, not all, continue to have trouble.

All of this stimulus, quote, unquote, is not stimulating, it's not causing confidence. It's not creating confidence, it's not causing a rebound, it's not causing an uptick in any market indicator. And the president says, "You know, I have more than enough to do without having to worry about the financial system." Mr. President, the financial system is all there is right now to people. The financial system undergirds every other failure that's going on here, from the housing to the car industry to wherever you want to look. And then we hear that the president was too tired to give a proper welcome to Gordon Brown. Yeah, he didn't know that you have to have a joint press conference and maybe a state dinner the first time the leader comes to see you from your number-one ally. He was just overwhelmed, just too tired, so much going on, he had no idea. Well, what is that supposed to mean? Did we elect a kid here that has no executive experience at all, is that what we're now being told, that we elected a good-intentioned, a well-intentioned kid, a community agitator, he had no executive experience, and he's going to figure it out at some point, but don't hold it against him. He didn't know that these kinds of things are important. What do you mean, he didn't know? There's all kinds of protocol people in the White House.

Here's the next sound bite, Friday aboard Air Force One, a portion of the interview where President Obama is talking about the economy.

OBAMA: What I -- I don't think people should do is to suddenly stuff money in their mattresses and pull back, you know, completely from spending. I don't think that people should be fearful about our future.

RUSH: You don't think people should be fearful about the future? Well, they are. They are because they're losing it. They are losing their future each and every day, Mr. President. They see their future dwindling away and they're wondering how to save what's left. There's no inspiration coming from the White House on this. There's no motivation, there's no uplifting whatsoever. And, by the way, the last time a president said, "Go out there and spend, engage in commerce," it was George W. Bush, and the Democrat Party raked him over the coals for being insensitive.


http://www.rushlimbaugh.com/home/daily/site_030909/content/01125116.guest.html