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Bill Clinton Undercuts Obama, Calls for Middle Class Tax Increase
Rush Limbaugh.com ^ | May 16, 2012 | Rush Limbaugh

Posted on 05/16/2012 2:04:50 PM PDT by Kaslin

BEGIN TRANSCRIPT

RUSH: And our old buddy Bill Clinton, who, by the way, Bill Clinton's back, and Bill Clinton's back calling for tax increases on the middle class, ladies and gentlemen. It's right here in The Politico.

"Bill Clinton said Tuesday that President Barack Obama’s goal of hiking taxes on the rich alone is not enough to solve the country’s fiscal woes and suggested that middle class Americans must also eventually contribute more." (imitating Clinton) "Look, this is just me now. I'm not speaking for the White House. I think you could tax me, you know, Hillary and I, we're rich now, and I think you could tax me at a hundred percent and you wouldn't balance that old budget. The fact of the matter is you could tax me, you could tax Limbaugh, you could tax O'Reilly, you could tax everybody out there, you could tax me and Hillary, and you still wouldn't balance the budget. We are all gonna have to contribute to this. And if middle-class people's wages were going up again, and we had some growth in the economy, I don't think they would object to going back to tax rates of when I was president."

Now, is this guy doing Obama any favors here? Bill Clinton comes out, calls for tax increases on the middle class. Let's take the rates back to when he was president. I mean what is Obama doing? Obama's out there on this class envy tour trying to make everybody believe that the reason we have an economic problem is because we have rich people in the first place. The second thing is, to solve it we've gotta tax 'em, we gotta tax that 1%. They are the problem.

Here comes our old buddy Bill Clinton. (imitating Clinton) "Well, you know, this is just me speaking. I mean, I'm not speaking for the White House, but I'm telling you, you could tax me, you could take everything I've got and that's not gonna balance the budget. You can tax all the rich people I know, you could tax Harvey Weinstein, you could tax Spielberg, every one of these people. You could tax Will Smith and you're still not gonna balance the budget." I mean, that is the exact opposite message what Obama wants, is it not?

And then to close it out by saying, "I think the middle class, if they had some income, they wouldn't object to paying taxes." If they had some income. If we had some growth to the economy, the middle class wouldn't mind. Obama's out there trying to tell the middle class they're not gonna pay anything. They're gonna get and get. They're gonna have nothing but benefits. That's Obama's message. Here comes old Bill. "Hey, you can tax me all you want, ain't gonna close the budget." In other words, "You know what? Obama doesn't know what he's talking about. He's telling you that he can raise taxes on the rich, but it ain't gonna fix the budget. He's gonna have raise taxes on you." The thing is, Clinton's more right than he's wrong here. That's the irony here is that Clinton's exactly right. You could take everything the rich have and you wouldn't balance the budget, ever, and if you took everything the rich have, you can only do it once. By definition, they've got no more.

"Yes, Mr. Limbaugh, but they will earn it next year." Why, Mr. New Castrati, if you take everything they've got, why go earn any more of it if it's all gonna be taken? You can only take it one time. Still don't balance the budget. We gotta raise taxes on the middle class. And we got it in Ed Klein's book, Bill wants Hillary to run for president. He wants Hillary back in there. He wants back in there. The Politico says here, "The former president’s remarks about his own tax rate seemed to be a reference to Obama’s 'Buffett Rule,' which proposes higher taxes for the wealthiest Americans. Clinton asserted that when he was at the White House, 'very few people' thought they were being overtaxed." (laughing) I know it's absolutely ridiculous. Clinton is the one who called Obama an amateur, and that's the title of Klein's book.

It was Clinton that called Obama an amateur. So now he's out there attacking the Buffett Rule. He's attacking Obama's class envy. He's telling the middle class that he knows that they wouldn't object to a tax increase if they had any income. Clinton said, "Look, we can't be in a position here where one of the negotiating partners says that that's not negotiable. I mean, not only will we not raise taxes, we want the Bush tax cuts and we want more tax cuts and we want the right to disregard what the CBO says our budget -- you can't do that. It's hard to have a deal if there's no arbiter." Looks to me like -- and of course, I could be wrong -- it looks to me like Clinton seems to differ on just about every Obama policy. And yet he's out there campaigning for him. We got Clinton saying this. Of course you don't need to hear Clinton say it; you just heard me do it.

BREAK TRANSCRIPT

RUSH: Yesterday in Washington, economic conference sponsored by the Pete Peterson Foundation. Pete Peterson, a former Treasury secretary for Nixon. I have met Pete Peterson. His wife is Joan Ganz Cooney, who runs the children's programming at PBS, Sesame Street and all that. And he's got a foundation. Everybody has a foundation. And Clinton showed up at the Pete Peterson foundation not happy with what happened to Dick Lugar.

CLINTON: The Republican position that tends to prevail in these hot primaries was expressed by the gentleman who beat Senator Lugar who says, "I'm just against compromise. We need to stop it. It's weak. It's foolish. Our views are irreconcilable. We have to force the American people to choose which one of us is right." If that prevails, we're toast. We'll look like a Bush-league country.

RUSH: He's talking about Mourdock, and Mourdock could not have said this any better. I'm against compromise. We need to stop it. It's weak. It's foolish. Our views are irreconcilable, conservatism. Why compromise? What is there, for example, about what Obama's done that we want to compromise with? All the Democrats ever mean by compromise is us caving on our principles and agreeing with them. They never compromise with us. They haven't even submitted a budget in over a thousand days. The Democrats don't care to compromise. Mourdock knows this. And here's Clinton, all worried about what this makes the United States sound like. To who? A bunch of western European socialists who can't even manage their own countries? Who cares? Mourdock, everybody else, trying to save the country. Now here's Clinton attempting to be helpful to Obama.

CLINTON: I'm not speaking for the White House, but I think you could tax me at a hundred percent and you wouldn't balance the budget. We are all gonna have to contribute to this, and if middle-class people's wages were going up again and we had some growth in the economy, I don't think they would object to going back to the tax rates that obtained when I was president.

RUSH: Right. So Clinton thinks you'd be happy to have your taxes raised, too, along with the rich people Obama wants to wipe out. This undercutting Obama big time.

END TRANSCRIPT


TOPICS: Business/Economy; Editorial; Politics/Elections
KEYWORDS: clintongang; duplicate

1 posted on 05/16/2012 2:04:50 PM PDT by Kaslin
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To: Kaslin

10 mins late


2 posted on 05/16/2012 2:06:38 PM PDT by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: Kaslin

I don’t like you fat boy.


3 posted on 05/16/2012 2:06:50 PM PDT by allmost
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To: Kaslin

Tax increases on the “rich” always end up being tax increases on the middle class. That’s where the revenue is.


4 posted on 05/16/2012 2:07:34 PM PDT by wolfpat (Not to know what has been transacted in former times is to be always a child. -- Cicero)
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To: Kaslin

The distance between the politicians and the citizens continues to increase.


5 posted on 05/16/2012 2:07:56 PM PDT by Loud Mime (Bigotry is the enemy of conservatism)
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To: Doogle

What do you mean?


6 posted on 05/16/2012 2:08:40 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: allmost

I think some 7 year old hacked your account and is posting on FR...


7 posted on 05/16/2012 2:09:06 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Kaslin

ALready posted 4 threads down.


8 posted on 05/16/2012 2:09:50 PM PDT by Hugin (Most times a man'll tell you his bad intentions, if you listen and let yourself hear.---Open Range)
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To: Kaslin

Bipartisanship is agreeing with Democrats. And compromise is agreeing with Democrats.


9 posted on 05/16/2012 2:10:50 PM PDT by aruanan
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To: Kaslin

repost, was posted at 4:54:18 PM · by NYer


10 posted on 05/16/2012 2:11:14 PM PDT by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: MrB

Yeah well no. I got 70 years to play with.


11 posted on 05/16/2012 2:11:33 PM PDT by allmost
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To: Kaslin

100 percent tax on everything and everybody. That’ll fix it!


12 posted on 05/16/2012 2:12:23 PM PDT by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: Kaslin

not that it matters...I do it sometimes....*grins*...that’s why I usually go for the odd stuff...*smiles*


13 posted on 05/16/2012 2:12:50 PM PDT by Doogle (((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated)))
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To: Doogle
OIC

When I searched the article had not been posted, but I was doing other things and kind of got away from it

14 posted on 05/16/2012 2:14:39 PM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: Don Corleone
100 percent tax on everything and everybody.

Why stop at 100?

15 posted on 05/16/2012 2:21:11 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Kaslin

The war on the middle class continues


16 posted on 05/16/2012 2:22:03 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Kaslin

How about taxing the 47% who don’t pay jack-shit, oh wait, that’s their constituency. At least that socialist whore is honest to his intentions, while Oblather just keeps sticking to his lying punk lips in the hope that most of his zombies will be awake come election day to vote for: Dip-Shit-in-Chief another 4 or so years.


17 posted on 05/16/2012 2:22:16 PM PDT by Joshua Marcus
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To: Kaslin
As another "Slick Willie" (Sutton) is supposed to have said "because that's where the money is."

There just aren't enough millionaires to make much of a difference. The only possibilities are taxing the middle class, cutting spending, or printing boatloads of money. (I'm guessing they'll concentrate on #3.)


18 posted on 05/16/2012 2:30:52 PM PDT by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: Kaslin

can’t clintin close his mouth? Every photo i see of him his mouth is gaping open


19 posted on 05/16/2012 3:28:42 PM PDT by cubreporter
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