anywhere I can get a recording of this?

"And having blown its wad on useless "stimulus" programs that didn't stimulate, government no longer has the ability to toss a trillion dollars around here and there to try to create "jobs."

I have one simple question KD. Why not? Has anything stopped them to this point? It is quite obvious that it's in most everyones interest to keep the show going. Actions around the world prove that. What would stop them from borrowing or printing another trillion? When you're knee deep in ****, why not go thigh deep? If other countries are going to print and manipulate, just as in 08 when we devalued and so did everyone else, it keeps the various currencies more or less equal, so we don't see an overbearing inflation, just a slight one that shows over time.

Until one or more of the big power countries says enough is enough, nothing will change. We will print like everyone else, and inflate our way through the debt crisis over time. If it's done in unison, why can't they continue?

Ican

Here is the transcript:

http://www.rushlimbaugh.com/home/daily/s....

Audio only available to members.

I see it Jtmo's way.

In case anyone want's to over-extend what is being said, that POV is not saying that "it will be alright." It's just saying that we're in for much more of the same until we hit some sort of hard constraint ... resources, rise of an antagonistic counter-weight, etc.

Right now, I don't see that in the near future ... I see more inflation in the real goods & commodities that people need.

TF's (as a whole) biggest failure over the last 3 years has been to have vastly under-estimated the extent to which every central bank of consequence is cooperating & playing along.

Rush's genius is like that of an expert surfer who sits patiently waiting for the next big wave to come along. He has an instinct for it. You can call that 'real' or 'fake'. It doesn't matter. It is what it is.

Quote:

he started with a long monologue on how everything we've had for the last 20 years has been fake.

I can tell you EXACTLY when things changed. It was 1968. I was 13 years old, didn't understand what I was sensing, but I did sense it. A page was turned. A continuity was broken forever and a new path was begun. It was a before and after moment in time - everything was different after that year than it had been before. It was like 1941 in the sense that everything in America changed after that year too.

In 1968, the parties polarized. The wave of relativism and disdain for our culture that has infected the Democrats ever since started that year. Everything they've done since then is just a continuation of the trajectory set in 1968. Prior to that year, they weren't on that path. Same with the Republicans. They became guardians of the military industrial complex in 1968, even when said complex became hopelessly wasteful and corrupt and they had been warned about it by Eisenhower not 10 years earlier.

The dismantling of the real economy came later, of course, as did its financialization. But neither would have been possible had things not changed as they did in that year.

This is all most Americans have ever known or remember.

We're seeing another great turning point emerging. It hasn't happened yet en masse though. Some of us have awakened already, but most haven't. Rush can wake a lot of people up.

Something will happen that will again produce a before and after moment. Most likely it will be a collapse. But I can still remember how different things were in 1969 from 1967. It was literally palpable. We haven't seen THAT yet.

Quote:

Over the past few months, he as consistantly referred to the "Ruling Class," and makes no distinction as to party. You can hear the greater disdain for the "establishment" GOP than for the establishment Dems. I think Rush could lurk on TF and not be noticed because he fits in with the popular meme on TF.

Sounds more like he's hoping to retain audience that's going over to Alex Jones...

Oh please. Alex Jones?

Mr. Conspiracy. Blahh, pooey, yuck.

I am a long time listener to Rush.

Some claim his show is all schtick but from my perspective he was, is and will remain conservative.

That he has found a way to make money being so is what riles some folks up.

Do you think we would be better off if governed by those with ideal of Rush or not?

Quote:

Do you think we would be better off if governed by those with ideal of Rush or not?

We had a go at it not too long ago under the banner of Emperor George Bush the Second. Didn't turn out so hot, as I recall.

Quote:

STOP THE LEFT/RIGHT BULL****.

Uh, no. You are wrong. There is a vast, vast difference between little/limited government/liberty and fascist/socialist/command government.

The Trilateral Commission, CFR members are all adherents of the fascist/socialist/command group, while others, like Rush, are proponents of the limited/liberty group.

All of the political parties (red, blue, Donkey, Pachyderm) are members of the fascist/socialist/command group. Some of the Tea Partiers (but not all) may have run under the GOP banner just to get their name on the ballot, but are not adherents of the GOP agenda.

Rush Limbaugh started his epiphany in 2006 IMO, when he declared that never again would he "carry the water" of the GOP. He is a force to be enlisted in the cause of freedom, not one to be disdained because of past ignorance. Many of us were ignorant at least some part of our lives, some much more than others.

If Rush indeed truly understands the mathematics of the problem and the fact that there is no possible political solution with the current crop of sellouts and panderers, then he should be courted and helped to further his education as much as possible. As others have said, Limbaugh made his millions from scratch, against a vast political tide and in contravention of all establishment thought. The guy is a fiercely independent thinker and should be cultivated as such, IMO.

Those who don't see this are not only ignoring a very influential megaphone, they have an agenda that is still statist and redistributionist. Like Glenn Beck, Rush could be a type of "Voice of America" for economic sanity.

Quote:

We had a go at it not too long ago under the banner of Emperor George Bush the Second.

Again, no. If you listened to his show at all, and I'm sure you don't Ican, then he was no Bush fan after 2006. Yes, he pushed the guy in 2000, and he was a lukewarm supporter in 2004, but by 2006 had turned off from the establishment GOP, including Bush, as incapable of implementing conservative ideals.

You can smack him around all you want for past failings, but Limbaugh's been on a different path from the GOP establishment over the past 5 years.

Ican, Rush was not a supporter of Bush when he promoted non conservative ideas and legislation.

Mo...I'm roughly the same age. Not only did the South go through integration, which vastly affected the school systems, but the whole cultural ethos changed. From 67-69 it was as if the concept of responsibility and discipline were abandoned. The change took several years to reach its ultimate effect but it definitely was noticeable in 68.

Well said Tesla.


Rush resigned from carrying GOP water a long time ago.

I give him the benefit of the doubt.

I seem to recall him getting a question many years ago about the Federal Reserve and he was clueless , really lost.

Maybe he is becoming exposed to more data/opinions on that subject and now with the Bush/Obama years and the criminal behavior of the Fed he is starting to see some correlations or he is trying to retain his old geezer audience as the cuts in their gvt checks are going to come and throwing the ruling elite under the bus is always good for a rating point or two.

I agree JoeJohns, he was late to party on dissing the Federal Reserve.

Quote:

There is a vast, vast difference between little/limited government/liberty and fascist/socialist/command government.

You are correct. Unfortunately, neither of our "parties" represent the "limited government/liberty" POV. We only get choose the Red or the Blue Fascist.

Snooze wrote

Quote:

the whole cultural ethos changed

Yep. And we're going to see a similar 'mass conversion' soon.

If Rush really had the convictions he claims he would have turned on Bush II after Medicare Part D. I don't believe for a moment that he is sincere in anything he says, he is entirely about making money. He is just like any other establishment Republican - they will tell you what you want to hear, then turn around and do whatever the **** they want regardless. He is Boehner without an elected office.

Read the transcript posted by Oldno -

Quote:

RUSH: The national debt all my life, older people said, "It's gonna end up ruining the country." Other people said, "No, we owe it to ourselves, it never has to be paid back, so therefore it really isn't real," and all through my life hearing about how horrible the national debt was, all I saw was prosperity and a standard of living increase. Everybody, every level of income that we qualify in this country, even poverty, is a different standard of living in this country than it is in other parts of the world where there is real poverty -- and yet national debt's out there.

So I'm asking myself, "Why all of a sudden now when I have turned 60 have I done a 180? Why all of a sudden is this national debt thing is huge? Why am I starting to sound like my father and my grandfather?" and there are a number of obvious answers. One of them is Obama. We've gotten to a point where there is no concern for it. There's not even a pretense at balancing the budget. In fact, it's just the opposite. But the hard, cold reality that hit me -- and this is one of these things that should have hit me years ago (I was slow on the uptake). When you add in consumer credit card debt and our government's national debt, and all the other debt that's there, you realize that the US standard of living, according to real dollars -- the real money supply -- isn't that high.

Without massive debt that people can barely afford, they wouldn't have the cars that they have, and they wouldn't have the homes that they have. This country can't afford what we're spending on education. This country can't afford what we spent on the space program. We can't really afford what we're spending on defense. We don't have it. We have about $1 trillion a year in income. We can't afford to pay people food stamps. We can't afford to pay people Social Security above and beyond what they have contributed to their own accounts. We can't afford to treat the poor medically. None of this is real.

And, of course, when that reality hits that none of this is real, that's when you become cognizant of the ultimate inevitable collapse, because what isn't real is built on the flimsiest of foundations. "But, Rush! But, Rush! How could people buy a car if they had to pay cash for it, if they couldn't borrow it?" Well, there's a certain amount of debt everybody could afford. Most people have debt they can't afford. Our government certainly is in debt that it can't afford. So really all this is fake. So much of this is phony. I mean, in material terms it's real, it's there, you go out and touch it. All those television sets that people have are real, and all those cars they own are real and gasoline in them, and they drive them.

They're real, but the money that bought those cars is not real. It's a very, to me, scary situation -- and now we're just piling more fakery on top of more fakery, with Obama targeting the only place left in this country where the people who have money actually have it. That's his euphemism, his corporate jet owners, whatever else. But when you realize that it's not real -- and, in an unusual twist here, I'm not explaining this as well as I should be or could, 'cause I see Snerdley in there frowning. Normally when I'm making perfect sense, Snerdley is nodding and smiling, but he's in there frowning; can't figure out what I'm trying to say. Look at all of the pensions, all of the health care. We don't have the money to pay any of that.

There's a lot that isn't real. People think that they have a pension that pays them X for the rest of their lives. We're living in a Ponzi scheme. How real is a Ponzi scheme? At some point the reality of the Ponzi scheme hits, and Bernie Madoff says, "Guess what? I no longer can continue to pay people what they want." We're living in a Ponzi scheme. We're living in several Ponzi schemes.

Very interesting.

That's too funny about Rush. A few months back I emailed his show stating how much of a hole Rush had in his financial literary. I told him he should stop embarrassing himself by following the Market-Ticker. I do the same with all talk show people, and I suggest everyone do the same. Several times this past month I've said to myself how some of these radio people are sounding like Karl and Vox Day lately.

Rush is fully awake. Watch out lefties. He has a huge megaphone.

...looks like El-Rusbo finally bought a clue.

About GDamned time.

Mo

Don't mistake puberty for cosmic change.

lived in the South for a bit in some of those days and while I am not a great fan of the mode of some of those changes there were some changes that needed to be made.

:)

That quote sounds like what I have been saying for 20 years. Plus I think Rush is still a closet KCRoyals fan from the old days, so he has that going for him.

At 13, puberty hadn't started for me yet Joejohns, it was a good couple years or so down the road.

I'm not commenting on whether 'changes needed to be made'. I'm saying it was a watershed year which we've never again come close to and which changed everything, including the way people think.

We're approaching another such moment. It will blow most Americans' minds.

Young people are waking up? Hardly. They are already boiled frogs. The amount of student loan debt that has increased over the past decade is unreal.

http://www.doctorhousingbubble.com/bubbl....