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RUSH: Barack OBAMA Has DESTROYED the ECONOMY in Two-and-a-Half Years
www.rushlimbaugh.com ^ | July 14, 2011 | Rush Limbaugh

Posted on 07/15/2011 1:21:29 AM PDT by Yosemitest



TOPICS: Business/Economy; Crime/Corruption; Editorial; Extended News; Government
KEYWORDS: barneyfrank; billhemmer; boehner; chrisdodd; criminal; dodd; frank; kevinghall; obama; stewartvarney
Thank you, Rush, for this great analysis.
May our Heavenly Father keep you safe and keep you wise.
1 posted on 07/15/2011 1:21:42 AM PDT by Yosemitest
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To: Yosemitest

Hey Rush, why don’t you have a show on the Federal Reserve. You don’t have to get complicated. Just explain that it is a bunch of people who own a printing press and pay for paper and ink, and then they print numbers on the paper, and charge the government the amount of the numbers on the paper, plus interest.

And that’s our national debt - we borrow our own money from a private company who prints it up, with no backing, and “loans” it to us for the amount of the numbers.

And then we work ourselves to death to pay the interest, while the elite simply write themselves checks of borrowed money and laugh so hard they throw up.

Go ahead, Rush. Do it.


2 posted on 07/15/2011 1:37:26 AM PDT by Talisker (History will show the Illuminati won the ultimate Darwin Award.)
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To: Yosemitest

It is a great analysis, but it is wrong. The US economy is where it is because of a few decades of poor monetary policy, poor regulatory policy, and the resulting malinvestment on a massive nationwide scale. I don’t like Obama, but most of our public debt and almost all of our private debt were from things that happened long before O got into office.


3 posted on 07/15/2011 1:37:44 AM PDT by AndyJackson (u)
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To: Yosemitest

Amen! ( As long as I’m still awake. )


4 posted on 07/15/2011 1:39:44 AM PDT by dr_lew
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To: Yosemitest

bump


5 posted on 07/15/2011 1:39:49 AM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: AndyJackson

That is true but the last 2 years the deficit numbers have been staggering.


6 posted on 07/15/2011 1:41:35 AM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: Yosemitest

Bump


7 posted on 07/15/2011 1:47:09 AM PDT by NoLibZone (Obama is investigating taxation without representation.)
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To: AndyJackson
An update from the previous show...




WRONG!!!!

The ILLEGAL IMMIGRANT IN CHIEF has wracked up more debt in two and a half years than all our presidents COMBINED from George Washington to Ronald Reagan.

Also, the word "TRILLION" wasn't even IN the political dialog BEFORE this INFERIOR Fascist Muslim.

So what lie do you want to try next, in defending " 'da Kenyan Turd" ?
8 posted on 07/15/2011 2:03:57 AM PDT by Yosemitest (It's simple, fight or die.)
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Well Rush lets never forget he did have help including Barney Frank and a considerable number of SPINELESS Republicants. RINO’s who caved to Barney and Obama on almost every issue including bailouts.


9 posted on 07/15/2011 2:18:26 AM PDT by cva66snipe (Two Choices left for U.S. One Nation Under GOD or One Nation Under Judgment? Which one say ye?)
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To: Yosemitest
The ILLEGAL IMMIGRANT IN CHIEF has wracked up more debt in two and a half years than all our presidents COMBINED from George Washington to Ronald Reagan.

While Obama has done his fair share of spending you are wrong on the math...

When Obama was sworn in the national debt was $10.626 trillion... right now its at roughly $14.500 trillion. Now that's a lot in less than three years for sure. But come on, I wish folks would stop regurgitating that some old completely wrong chain email....

If Obama had racked up more debt than all past presidents combined as you assert the debt would be somewhere between $18 and $20 trillion...

10 posted on 07/15/2011 2:21:55 AM PDT by The Magical Mischief Tour (If you want a Socialist, vote Democrat. If you want a Democrat, vote Republican.)
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To: Yosemitest
Yes. Thank you Rush.

But no thanks to the GOP-idiots that thought it was A-OK to let the Kenyan have his "turn".

So obvious... both sides were "in" on the last election. I don't care their so called strategy... they deserve blame right alongside the Rats for the situation this country is in. To them it was "just another election (pissing match)"

For the PEOPLE of this GREAT NATION... well, they deserve better than this.

So no kudos to either side... and GOP better realize that this is b@lls to the wall time...or they will be drinking the tea.

11 posted on 07/15/2011 2:46:01 AM PDT by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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To: AndyJackson
I don’t like Obama, but most of our public debt and almost all of our private debt were from things that happened long before O got into office.

"Most" may be true, but it's not terribly informative. The rate of growth of our debt is NOT reassuring, and the problem is the Obama regime. I don't like Obama either, but it's not personal. It's because Obama is the source of the destruction.

12 posted on 07/15/2011 2:55:05 AM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: AndyJackson

That’s like blaming the Korean and Vietnam wars on the Japs and the Nazis. Sure, they’re connected but at some point, you have to start dealing with these things “in the now”.


13 posted on 07/15/2011 3:19:33 AM PDT by equaviator ("There's a (datum) plane on the horizon coming in...see it?")
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To: Yosemitest

Rush! We need a 2nd Party.


14 posted on 07/15/2011 3:29:28 AM PDT by screaminsunshine (Socialism...Easier said than done.)
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To: The Magical Mischief Tour

“all our presidents COMBINED from George Washington to Ronald Reagan.”

That’s not all presidents.


15 posted on 07/15/2011 3:51:37 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com/)
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To: Yosemitest

He has been spot on!


16 posted on 07/15/2011 3:54:20 AM PDT by tutstar
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To: The Magical Mischief Tour
“If Obama had racked up more debt than all past presidents combined as you assert the debt would be somewhere between $18 and $20 trillion...”

Whereas I agree that decades of bad fiscal policy have contributed to where we are now, I think the statement comparing Obama’s contribution to the deficit to the contribution of past presidents is based more on the absolute increases in spending, rather than the cumulative effects of things like interest on the debt etc.

The interest alone on the national debt in 2008 was something like $450 billion, and is similar each of the past several years. Seems like accumulated interest contributes significantly to national debt increases, which is why it's so important to at the very least stop running annual budget deficits.

17 posted on 07/15/2011 5:10:45 AM PDT by pieceofthepuzzle
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To: Yosemitest
I'll say this though: the fact that the economy has NOT recovered is going to doom Obama's chances in 2012--especially since we're essentially seeing a worse version of the last two years of the Carter Administration.

The next President may have to sign a huge stack of new laws just to undo the mess Obama created.

18 posted on 07/15/2011 5:12:31 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Yosemitest

Rush,

This is why I’m beginning to hear this period in history referred to as the Great Oppression.

It is more than a Recession or Depression. It is economic collapse that is designed to completely delimit the federal government, institute Socialism, and hence strip us of our freedom and, in effect, our Constitution.

I hope you’ll start using that term on-air. It says it all. Obama’s Great Oppression.


19 posted on 07/15/2011 6:22:37 AM PDT by fightinJAG (TAXPAYERS OF THE WORLD UNITE.)
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To: fightinJAG

You’re right. There’s a method to Obama’s madness.

Saul Alinksy, George Soros, Karl Marx.

These are the guys pulling the presidential strings.


20 posted on 07/15/2011 8:21:06 AM PDT by Deo volente (God willing, America will survive this Obamination.)
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To: The Magical Mischief Tour
Care to back your claims up with maybe back them up with links to FACTS?

Well, try these facts.

And then there this pesky fact.



21 posted on 07/15/2011 9:17:48 PM PDT by Yosemitest (It's simple, fight or die.)
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To: fightinJAG
Obama’s Great Oppression
I like it!

22 posted on 07/15/2011 9:23:23 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

They are all to blame. Piss on the Democrats, and piss on the Republicans too.


23 posted on 07/15/2011 11:01:52 PM PDT by rabscuttle385 (Live Free or Die)
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To: Yosemitest

It’s going to stick, methinks. I saw it first on Twitter, so h/t to that Patriot.


24 posted on 07/16/2011 5:39:16 AM PDT by fightinJAG (TAXPAYERS OF THE WORLD UNITE.)
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To: rabscuttle385
NO!
Not ALL are to blame.
It's the Democrats Communists.
Let's take a deeper look.
25 posted on 07/16/2011 1:51:57 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest
Damn typos...
26 posted on 07/16/2011 1:59:02 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

Good Stuff on Medifare


27 posted on 07/16/2011 2:52:02 PM PDT by TomasUSMC ( FIGHT LIKE WW2, FINISH LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM)
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To: AndyJackson

Perhaps you didn’t get the message, but of late it is not possible to post anything on FR that does not EXPLICITLY blame Obama for all the ills in the world. Long-term analysis is only in vogue when a Republican is in the White House.

Basically it is exactly the same at the DU, except the opposite. Frankly, I think you could just take posts from the DU from 2000 - 2008 and change the words Bush to Obama and you would have pretty much FR now (of course without the overt rudeness and swearing - at least conservatives are genteel).

Intelligent debate (and intelligent Freepers) only come out when the GOP is in charge.

I may well even get flamed for this mild observation. Yawn.


28 posted on 07/16/2011 7:32:48 PM PDT by Einigkeit_Recht_Freiheit (Using profanity gives people who don't want information from you an excuse not to listen.)
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To: TomasUSMC

Thanks. Feel free to copy and paste, and re-post it anytime.


29 posted on 07/16/2011 8:18:07 PM PDT by Yosemitest (It's simple, fight or die.)
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To: RayChuang88
The next President may have to sign a huge stack of new laws just to undo the mess Obama created.

They can start with wiping out the laws that were changed to accomodate this administration. Perhaps a stroke of the new Presidents pen will be sufficient for many of these.

30 posted on 07/16/2011 8:39:03 PM PDT by caww
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