Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Rush: Economy Will Collapse if Obama Re-Elected
Torn-Republic ^ | 9/10/12 | Weeping Eagle

Posted on 09/10/2012 1:39:49 PM PDT by Kartographer

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-40 next last
There's a storm coming.

1 posted on 09/10/2012 1:39:52 PM PDT by Kartographer
[ Post Reply | Private Reply | View Replies]

To: Kartographer

The damage is beyond repair. Oslama or no Oslama.


2 posted on 09/10/2012 1:45:14 PM PDT by deadrock
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
To be honest, I didn't think we would make through one Obama term.

Now I don't know what to think.

3 posted on 09/10/2012 1:49:18 PM PDT by Carbonsteel
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

That is what people essentially always tell me when I try to discuss this with them.

4 posted on 09/10/2012 1:50:49 PM PDT by KC_Lion ( Wherever I find myself standing, I forever stand with Israel.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
Rush is right, of course, and why in GOD's name people can't see that is beyond me.

America is gone if this Marxist maggot gets back in.

5 posted on 09/10/2012 1:52:25 PM PDT by Marathoner (DNC: Fluke, Clinton, Warren: The slut, the pimp and paleface)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

And what could we do then? Parliamentary systems could depose the chief executive, i.e. the prime minister, but we’re proudly (The Holy Constitution!) stuck for 4 years with a dofus/idiot/maniac/illegal (choose one or all.)


6 posted on 09/10/2012 1:53:25 PM PDT by Revolting cat! (Bad things are wrong!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DEADROCK

It really depends upon what you list as ‘the damage’. If it were just the value of the dollar, that is repairable through spending cuts and inflation. If, on the other hand, you are referring to the attitude of the majority of voters, well, Novermber will answer that. BUT if you are referring to the mindset of the political oligarchs, well, We The People Republic died years ago.


7 posted on 09/10/2012 1:55:05 PM PDT by MHGinTN (Being deceived can be cured.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Preppers’ PING!!


8 posted on 09/10/2012 1:58:42 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

The Democrats have not passed a budget to enable them to collapse the system. Otherwise, they’d be accountable to limitations in a budget. Harry Reid is an instrumental player in the collapse of America.


9 posted on 09/10/2012 2:01:59 PM PDT by GeorgeWashingtonsGhost
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Rush just brought

“Total Financial Collapse”

to the mainstream.


10 posted on 09/10/2012 2:05:47 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
Thought I'd post the rest of what Rush said:

“And you might be shouting, ‘Don’t these people know it?’ You have to keep in mind who these people are. These are people who don’t like the way this country was founded in the first place, who think it’s about time some of us found out what it’s like to live in the rest of the world because of what we’ve done to the rest of the world.” When asked by a caller what is the one thing the president could do to actually help the economy improve, Limbaugh said, “Resign.” Limbaugh lamented the Obama’s desire for citizens to completely depend on the government for solutions. “I think it’s sick, but he wants almost a perverted, literal attachment to government. The government is the first thing people look to, it’s where they go for any problem to be solved. It’s what he wants, and none of that is going to save the country.” Limbaugh also said he hoped he was wrong about his prediction. “I don’t want any of this, but I know mathematics, and I know economics. I know history. I know socialism, statism, Marxism, I know where it goes. I know what happens at the end of it.” One area in particular Limbaugh noted that is key is in saving the economy is domestic energy production. “We’re sitting on more energy because of fracking. We’re sitting on more fossil-fuel energy – and some if it clean, natural gas. But we’re not gonna get it. If Obama’s re-elected and stays dedicated to this green-energy crap, they can’t compete with it. … “That voluminous amount of energy will remain untapped nationwide if he’s re-elected. He opposes it. You heard him talk against oil in his acceptance speech. Nothing new about it. Of course there are ways to avoid this collapse. Mitt Romney is the first thing you have to know to avoid the economic collapse.”
11 posted on 09/10/2012 2:06:54 PM PDT by CottonBall
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

It may well collapse no matter who wins


12 posted on 09/10/2012 2:13:32 PM PDT by Lorianne (fedgov, taxporkmoney)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CottonBall

I only posted what was on the linked website, which was missing the end of Rush’s monologue.

Here it is in its entirety, from rushlimbaugh.com:

How Long Do We Have If Obama Wins?
September 10, 2012

BEGIN TRANSCRIPT

RUSH: Let me ask you this: How long does this country have if Obama wins? We are headed toward an economic collapse, and we are the leader of the world. When it happens to us, there are reverberations all over the world. It’s not like some little Podunk European country collapsing, that goes to another relatively Podunk European country for a bailout. When we collapse, there are worldwide reverberations.

How long is it going to take?

I’m asking a serious question.

Eighteen months? You throw Obamacare onto what we know we’re gonna get more of from Obama: More debt, more spending, the expansion of the welfare state, more people on food stamps. How long can this go on? How many of you think we’re at the tipping point now? Medicare, Medicaid, Social Security, the years are 2020, 2022, 2024 as to when they implode. How long do we have if this guy wins? And then what happens? If this guy wins, do you realize...?

I saw Matthews. Matthews was saying (I don’t know when, Friday or Saturday on PMSNBC), “If Obama wins, it’s the end of conservatism.” Nope. If Obama wins, let me tell you what it’s the end of: The Republican Party. There’s gonna be a third party that’s gonna be oriented toward conservatism. I know Rand Paul thinks libertarianism. And I know if Obama wins, the Republican Party is gonna try to maneuver things so conservatives get blamed.

The only problem is, right now Romney’s not running a conservative campaign. But they’re gonna set it up to say, “Well, the right sat home,” or, “The right made Romney be other than who he is.” They’ll try to deflect the blame, but they got who they want. How long do we have, folks, if Obama wins? How long do we have? I know people who think 18 months — 18 months before a real United States economic collapse that the Fed cannot do anything about, that the ChiComs can’t do anything about. Two years, four years, whatever. The point is, that’s what’s on the other side of Obama winning, ‘cause he’s not gonna change anything.

BREAK TRANSCRIPT

RUSH: Yesterday on This Week’s roundtable, Stephanopoulos said to George Will, “That jobs report. That’s probably the best news Republicans had in a couple weeks.”

WILL: On the basis of these numbers, the Romney campaign slogan should be the title of Paul Krugman’s book, which is “End This Depression Now,” because these are depression-level numbers! And if the Republican Party cannot win in this environment, it has to get out of politics.

RUSH: “[I]f the Republican Party can’t win in this environment, it has to get out of politics.” I’m gonna ask the question again: If Obama wins, how long do we have, folks — I’m serious — before economic collapse, before economic implosion? What happens to the Republican Party if Obama wins? I think it’s serious. The welfare state is collapsing all around us. I don’t think... There are people that realize that we can’t go on this way. I’m not sure how many people realize how close we are to the collapse of the US financial system.

We’re spending a trillion dollars we don’t have on welfare. It’s not that we’re taxing producers and redistributing the money. We’re borrowing it; we’re printing it. We don’t have it! Over a trillion dollars a year. There’s been $5.5 trillion added to the national debt in 3-1/2 years by this president. There just isn’t the money for this. At some point (and it’s sooner rather than later) there will be a collapse, and the Republican Party may end up being on the wrong side of it.

There’s gonna be a new Republican Party if that happens, and it’s gonna be led by Tea Party people. Everybody’s gonna try to blame conservatives, and they will have had the least to do with any of the calamity if it happens — and it has to happen, folks. If Obama’s reelected, it will happen. There’s no “if” about this. It’s gonna be ugly, it’s gonna be gut wrenching, but it will happen. The country’s economy is going to collapse if Obama is reelected. I don’t know how long — a year and a half, two years, three years.

California is gonna declare bankruptcy at a certain point.

California’s gonna declare bankruptcy, and you know what Obama will do?

He’ll go to states like Texas or Arizona or Florida to bail ‘em out. That’s what he’ll do, and that’s gonna precipitate this stuff. California is showing where we’re headed in every which way. There are two Californias. There’s the rich, the elites, the liberals that do well along long the coast — and then there’s the interior: Central Valley, San Joaquin Valley, where it is falling apart. The glue that keeps the culture together in the interior of California is falling apart, and on the coasts where the wealth is pretty stacked they’re blissfully unaware. It’s pretty high.

It’s why if you go to California and you spend time on the coastal areas, you say, “I don’t see any problem here.” You go to the interior, where much of what California does feeds the world and the country and so forth, you’ll see it. But everything that is happening in California is slated to happen nationally, from the unchecked immigration, to the massive indebtedness, inability to pay it off, rising taxes. And when push comes to shove, where are they gonna go in California? They’re gonna go along the coastline where all the elites, suburbia, where all the money is. They’re gonna start taking it. It’s the only place there is any.

California, Governor Moonbeam, not doing one thing to put that state’s finances in order. Not one thing. Everything he’s doing is making it worse. And the same thing is going to happen, eventually. This can’t go on, folks. We are on an unsustainable course. You simply can’t pay people who aren’t working. You just can’t. You cannot pay them anything, much less full-fledged incomes, lifetime health care and lifetime pensions. You can’t do it. Even if you wanted to, even if that was your definition of fairness and equality. You can’t do it. The money isn’t there. And you might be shouting, “Don’t these people know it?” You have to keep in mind who these people are. These are people who don’t like the way this country was founded in the first place, who think it’s about time some of us found out what it’s like to live in the rest of the world, because of what we’ve done to the rest of the world.

BREAK TRANSCRIPT

RUSH: Of course, folks, there are ways to avoid the economic collapse. Of course there are, but not if Obama’s reelected. If Obama’s reelected and he continues on this course, among many other things, of the welfare state, but also in this foolish green energy, the solar and wind, sorry, we’re doomed. If he continues this vendetta against fossil fuels. ‘Cause that’s our salvation. You look at what’s going on in North Dakota, we’re sitting on a boom. We are sitting on energy independence, but not with him in the White House. Elections have consequences. We’re sitting on more energy because of fracking, we’re sitting on more fossil fuel energy, and some of it clean, natural gas, but we’re not gonna get it.

If Obama’s reelected and stays devoted to this green energy crap, they can’t compete with it. I mean, we’re talking about a level of abundance of fossil fuel energy within our shores, within our boundaries, just supply and demand, even with all the subsidies in the world that he wants to pass out when we don’t have the money for that, either. He can subsidize all the Solyndras and all the windmills and all the solar energy companies he wants; he can’t compete with the abundance of energy. Simple supply and demand. They won’t have a prayer. But that voluminous amount of energy will be untapped nationwide if he’s reelected. He opposes it. You heard him talk against oil in his acceptance speech for the umpteenth time. Nothing new about it. Of course there are ways to avoid this collapse. Mitt Romney is the first thing you have to know to avoid the economic collapse.
Here’s Kay in Fullerton, California. I’m glad you waited. Great to have you on the program. Hi.

CALLER: Hi, Rush. How are you?

RUSH: Very well. Thank you.

CALLER: Yes. Rush, I tell you, I am so glad that you came on and you said that we have to stay steadfast and we cannot listen to the distortion and distraction of the Democrats. This is the most amazing day of my life since I got married and had my kids. And the next day is going to be the day that Obama is defeated, and we have to stay steadfast in what we’re doing. Before he got elected, I was on a mission. I knew what he was all about. I understood what he was doing. I understood that he was going to be disastrous, and I tried to change minds, and I’ve been doing it ever since. Democrats, blacks, all kinds of people. Where I work, I work with teachers, and in my district most of the teachers are conservative. And I’ve been on a mission to change their minds, and I’ve been doing a very good job of it, and I am so excited about this election. We are going to win, and we have to stay steadfast in what we’re doing.

RUSH: We can’t fall prey to the pessimism and the negativism that’s out there, even about Romney, because most of this isn’t about Romney. Our base is gonna show up. Our base, just like in 2010, is animated by stopping dead in its tracks Obamaism. And the only way to do that is vote for Romney. You can’t stop Obama sitting at home. You can’t stop Obama by not voting. You can’t do it. And everybody knows this. But the effort to suppress your vote and to depress you and make you feel like it’s over is in full throttle right now.

By the way, Bloomberg News, back on September the 7th, had the following story: “The Obama administration’s plan to tighten regulation of hydraulic fracturing for natural gas on public land may cost more than 20 times U.S. estimates.” Meaning that Obama announced they were gonna tighten the fracking rules, meaning limit how much it can happen, like the same thing he’s doing with the coal industry. (imitating Obama) “Oh, you want open a coal plant? Well, you go right ahead, but you’re gonna go out of business with all the taxes,” whatever he’s gonna do.

We’re sitting on energy independence. North Dakota is the illustration of it. We’re sitting on it. Real energy independence, folks, from the Saudis, from the Middle East, real energy independence, he is going to make it impossible to tap. The regulations are gonna cost so much it won’t be profitable for anybody to do it, therefore it won’t happen. Hello windmills and solar and all that crap.

END TRANSCRIPT


13 posted on 09/10/2012 2:15:55 PM PDT by CottonBall
[ Post Reply | Private Reply | To 11 | View Replies]

To: Lorianne
It may well collapse no matter who wins

Honestly, I see almost no way around it.

Perhaps the more important question is, whom can we elect who can (or even wants) to rebuild the wreckage - and will the American people have the fortitude to gut out the sacrifices required or will they fall for a tyrant who makes more promises? It will take many years and most politicians aren't in anything for the long haul. That's why we are in this nasty situation in the first place.

14 posted on 09/10/2012 2:21:18 PM PDT by Gritty (Obama offers a government-planned life, a country where everything is free but us - Paul Ryan)
[ Post Reply | Private Reply | To 12 | View Replies]

To: DEADROCK

No its not. We have a shit load of debt, to be sure. We need to get rid of a shit load of government (entire agencies), drill and harvest our own resources and get government regulations completely out of the way. We have swaths of natural resources that could have us out of debt and owning the world if it weren’t for Directive 10-289 types in DC. Cut (massively) “entitlements” and we can come back from the brink.


15 posted on 09/10/2012 2:21:56 PM PDT by Michael Barnes (Obamaa+ Downgrade)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kartographer
Last I heard the big mouth he was making provisions outside of the USA. Has he made accommodations for himself yet in New Zealand. Rush is all about himself and himself and himself.
16 posted on 09/10/2012 2:22:13 PM PDT by Just mythoughts (Please help Todd Akin defeat Claire and the GOP-e send money!!!!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DEADROCK
The damage is beyond repair.

Maybe not beyond repair, but will take some mighty strong medicine. Like slashing Federal spending even though you have rioting in the streets and they're calling you every name in the book on the nightly news.

My fear is I just don't think Romney has that in him.


17 posted on 09/10/2012 2:22:59 PM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 2 | View Replies]

To: Gritty
Perhaps the more important question is, whom can we elect who can (or even wants) to rebuild the wreckage

It may just fall to Messrs. Smith and Wesson to right this foundering ship of state.

18 posted on 09/10/2012 2:26:02 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
[ Post Reply | Private Reply | To 14 | View Replies]

To: Buckeye McFrog

Not only that.

There is about 45% of the country not willing to do the necessary steps to recover properly.
Why go through the pain of making a lower wage and lose you entitlements, when you can just suck entitlements and play Xbox all day?

The Democrats won’t let a healthy correction unfold, they will ride this until we collapse. Even if we got a Ron Paul style candidate (minus the Foreign policy) he/she would just be demonized on the road to start spending again.

A big part of our society is just too dumb at the moment and doesn’t realize how good they could have had it with a little hard work. Most of these people can’t even balance their own home budget let alone understand how a healthy economy should function.


19 posted on 09/10/2012 2:33:48 PM PDT by CommieCutter
[ Post Reply | Private Reply | To 17 | View Replies]

To: Kartographer

• Not just governments but most major banks are close to being broke and working on the edge. Most of the largest Mega Banks have derivatives exposures that are 40-50-60 times their total assets, so what happens if Europe does collapse (which is fairly likely) causing them to loose just a modest percentage on those derivatives? ( http://ncrenegade.com/financial/fdic-statistics-read-em-and-weep-ann-barnhardt/ )
Personally I expect something much like the well I think that we are in for something like the collapse of Argentina ( http://www.youtube.com/watch?v=7yerKMQc7-w&feature=grec_index )but on a global scale.
When you add in the fact that there is a growing concern for social unrest regardless of which way the election goes, the next few months will be like walking a mine field.
• Despite the CDC’s tongue and cheek presentation for National Preparedness Month, there really are Zombies, just not the kind from George A. Romero films. And they have been fed from the Government’s stash for years now. But they have been caught on film:
http://www.youtube.com/watch?v=2JtPLyYpyyA
http://www.youtube.com/watch?v=D4F8ob9nlfY
http://www.youtube.com/watch?v=o2Ykj92c9v8
http://www.youtube.com/watch?v=fnpqBb_7PJ4
These and many more like events show (Flash Mobs, OWS, etc) that we have a large entitlement minded population that is violent prone. I think that during a collapse you will see many small businesses wiped out by flash mob looting, and once started it will quickly spread to rape, robbery and murder for murder sake. You will see what I call ‘pocket pogroms’ and if you ain’t ‘Amish’ you better not be around when they come.
I am very much in agreement of the author of this article about what we can look forward to:
When The Music Stops – How America’s Cities May Explode In Violence
http://www.freerepublic.com/focus/f-news/2926391/posts
Many of these ‘zombies’ will think no more about killing you to get ‘stuff’ than zombies in the last horror flick and do it just as gruesomely as any of the worse scenes in those same movies
Many of you who have read my post know I often refer to this quote from Star Trek Deep Space Nine:
“Star Trek: Deep Space Nine: The Siege of AR-558 (#7.8)” (1998)
Quark: “Let me tell you something about Hew-mons, Nephew. They’re a wonderful, friendly people, as long as their bellies are full and their holosuites are working. But take away their creature comforts, deprive them of food, sleep, sonic showers, put their lives in jeopardy over an extended period of time and those same friendly, intelligent, wonderful people... will become as nasty and as violent as the most bloodthirsty Klingon. You don’t believe me? Look at those faces. Look in their eyes.”
It has repeated throughout history been shown that this is what happens to people once placed under such stressful conditions and yet you would be surprised how many people don’t realize the transformations that can take place under such conditions. And because of their ignorance many won’t even live long learn.
If you want to learn what happens I suggest you read some of Selco’s firsthand experiences in Bosnia:
A Survival Q & A: Living Through SHTF In The Middle Of A War Zone
http://www.freerepublic.com/focus/f-news/2798007/posts
Clearly there’s a storm coming, as great as a hurricane and like you do when a hurricane comes your way you either prepare to weather it or you become a victim of it.
For those who are just starting or are old hands at prepping you may find my Preparedness Manual helpfull. You can download it at:
http://tomeaker.com/kart/Preparedness1j.pdf
NOTE! THIS IS A FREE DOWNLOAD. I DO NOT MAKE ONE CENT OFF MY PREPAREDNESS MANUAL!
For those of you who haven’t started already it’s time to prepare almost past time maybe. You needed to be stocking up on food guns, ammo, basic household supplies like soap, papergoods, cleaning supplies, good sturdy clothes including extra socks, underwear and extra shoes and boots, a extra couple changes of oil and filters for your car, tools, things you buy everyday start buying two and put one up.
As the LDS say “When the emergency is upon us the time for preparedness has past.”
Or as the bible says: A prudent man sees danger and takes refuge, but the simple keep going and suffer for it.
NIV Proverbs 22:3
“There is no greater disaster than to underestimate danger.
Underestimation can be fatal.”


20 posted on 09/10/2012 2:34:25 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-40 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson