Limbaugh blames ACORN, Barney Frank, Chris Dodd, and Bill Clinton for financial crisis
September 25, 2009 12:40 am ET
From the September 24 broadcast of NBC's The Jay Leno Show:
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Until Leno mentions the bailouts, at which point Boss Hogg flip flops, saying that those people getting what they could get was a scam.
Typical contradiction that seems to be just fine with the Dittobots, but I notice that the Tonight Show audience was applauding the disintegration of the middle class that I assume a good percentage of them belong to.
It's like they think we're lagging behind them because we aren't grasping Rush's economic theory. Har!
As for the idea that people here aren't capable of grasping the economic wisdom of Rush Limbuagh: Many people on this forum, including Mr. Simmones, have preemptively defended himself against criticism here by citing their studies of political science and economics, apparently unaware of the possibility that their opponents might have knowledge or even expertise in related fields. The interesting thing to me is that in citing their backgrounds in economics, they seem to forget that Mr. Limbaugh has no formal higher education in, well, anything, and that he has in fact consistently expressed detest for colleges and universities and academics.
I would welcome, by the way, Mr. Simones' response to my earlier comment.
If the average dittohead can buy this "not a zero sum game" pablum as a truism across the board, they can be convinced there's no connection between their cost of living raise being denied, and the CEO's extra three weeks in Tahiti.
This is why Limbaugh's comment about how any proponent of capitalism must disregard any concern for the way in which one earns money is amoral at best and immoral and irresponsible at worst. I don't think anyone serious begrudges seriously the rich for being rich: the question is whether or not it's in anyone's interest to have a tiny minority of the population owning increasingly greater percentages of wealth. Such a situation is what some of us might call a road to plutocracy or, ahem, "oligarhy".
Right, since he abandons that himself when the subject is the bailouts.
The no-holds-barred capitalism cheerleaders like to play by the rules "If you can get it, you deserve it" as far as big business goes, but they go all whiny when they disagree with a particular instance of somebody getting somehting they consider "undeserved".
After all, aren't the Welfare Queens they hate so much for gaming the system, getting a couple hundred bucks a week for nothing, just doing a small scale version of the money manipulators who are making billions for doing nothing?
Jay Leno will be cancelled, soo, and Limpstick will blame that on ACORN, too.
http://topics.nytimes.com/topics/reference/timestopics/people/b/marion_s_jr_barry/index.html
Why doesn't Leno call him out on one of these things??
Let's not BLAME anyone. As a society, we have gotten into the severely crippling habit of immediately pointing fingers. The Democrats blame the Republicans. The Republicans blame the Democrats. The Libertarians blame both parties.
How about we admit a mistake was made and FIX things?
So they keep using all the services that they would not provide if they were in charge, secretly very happy that they aren't.
That doesn't seem to bother the wingnuts who continue to blame the mortgage crisis on the government for forcing the poor, woe-begotten mortgage lenders to loan to "the undeserving". As has been said many times, the CRA mortgages were heavily regulated towards making sure the loans could actually be paid back. And yet, as if I am in a surreal dream I continue to hear the same non-sense a year after this has been made undeniably clear.
Oh well, my philosophy is that if people don't hear the truth the first time the first time you say it, keep saying it and saying it until they can't possibly ignore you with a straight face. Who cares if it is repetitive. The success of liberals from here on will depend on our ability to inform people of the obvious.
Barney Frank said Freddie and Fannie are fine and was in no way in any financial trouble, yet a few months later they were drowning. The federal government forced Freddie and Fannie to take on way to many risky loans so everyone would be able to own a home.
I did not know that owning a home was a constitutional right??
And anyways noone forced these investment banks to pool the worthless mortgages and then pretend they were triple A investments, leveraging them 30 to 1. And noone forced AIG to insure these bets without actually having any money stored in case the house of cards fell. Of course the reason you have your endless numbers of right wing media outlets is to keep yourself from having to be faced with these facts about those wonderful CEOS. But that won't keep me from telling it to you over and over.
What is noone?
The rating companies are the ones who certificated the rating not AIG.
Everyone is screaming for the government to regulate everything, yet Barney Frank and his cohorts allowed the banking and mortgage industry to run rough shot over all the regulations.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
HA! That's classic.
The funny thing is, is that if the Fairness Doctrine was back then opposing viewpoints would be out there all of the time. As it stands now, on shows such as Rush, Beck, and many others, opposing viewpoints aren't even, or ever talked about at all, or given the time of the day.
For someone to try and claim that Rush's viewpoints aren't being heard is ridiculous. The man has hours per week to spew his filth into the world, and as we keep hearing, he has GREAT ratings. He's on FoxNews all of the time. He gets to write Op-Eds for the WSJ all of the time. He gets on Leno, and other late night shows a lot.
Funny, I've never seen, say, Rhandi Rhodes on Leno. Never seen Thom Hartmann on Leno.
ROFLMAOOOOOO!!! This is absolutely PRICELESS coming from you!
But there is a vague insult, with some version of "LOL' added on, so that makes it hilarious to people who enjoy Ann Coulter's jokes.
Open to opposing viewpoints? Yes. Listening to El Rushbo repeatedly claim that "Obama wants to destroy this country"? No.
In this case, Limbaugh himself identifies as an entertainer. As for the idea that he fearmongers and racebaits... have a look through the MMFA archives. If you still don't think Limbuagh fearmongers and racebaits, please do let me know why. These practices seem to be his trademarks.
I watched homes in California over the years rise in price from 30-40K to well over a million or two for the same house with very little improvement. I felt ill when Jay's audience applauded this jerk's twisting of reality. I think he called for his ditto-mutts to pack the audience. I don't know why he needs any more exposure than the 3 hours a day of hate-mongering. I think he does need to come up for air in the sunlight of reality, but I think his head would explode.
Jay Leno does ask how much is absolutely necessary for the Wall Street bigwigs whose companies were losing money while they were collecting huge bonuses. Rushing for think this is okay and a part of the capitalistic system. If you follow that logic, then you have to conclude that very made off with also a part of the capitalistic system.
Concerned that down payments were a barrier, Mr. Bush persuaded Congress to spend up to $200 million a year to help first-time buyers with down payments and closing costs.
And he pushed to allow first-time buyers to qualify for federally insured mortgages with no money down
Just Google Como 1998
Also, go take a cold shower.
"No poor person ever gave me a job" is Hannity's almost daily mantra.
Of course, "rich" people don't really create jobs either. Jobs are created by the great mass of people who are neither rich nor poor, but are CONSUMERS who create DEMAND and therefore generate new jobs for themselves.
And nobody has ever given anybody a job, unless it's the execs at Fox and the people who kept handing Hannity gigs because he happily bleated what they wanted to hear.
Any time I hear this repeated by a working person, a middle class person, I have to wonder if they just have really low self-esteem, or if they're very incompetent at their job.
A rich person doesn't create a job, only a job opportunity. It's not a job until somebody is there doing the work.
Somebody who is already rich doesn't need to create another job, he only does it to make more money. Employing people can be a pain in the azz, and very few would do it if it didn't benefit them in a pretty big way.
Somebody who is not rich needs a job to live.
I think if more people understood that the employer/employee relationship is not a trickle-down gift, but a mutually beneficial contract, and that a major part of the GOP strategy is to prevent people from understanding this, our country would be in much better shape.
Yeah, Bush continued this wonderful game of 30/1 plus more deregulation but good old BJ Clinton opened the door.
Good old Chris Todd cast the deciding vote not to stop deregulation in 2004...
See the pattern... democrats in control = bankruptcy.
Bush doesn't get off so easy. He just took a chain saw to all deregulation.
Why is Fox so successful? Why is Beck so successful. Until the white house can say Beck is wrong which they haven't he looks dead on. The liberal media needs to go center and do the investigating they should be doing. Not sucking Obama juice.
Obama will fail if the media doesn't challenge Obama and Fox.
The people see Fox getting a pass without the other side questioning them or disputing their facts. Including the white house. I guess 30 convictions, how to cheat on taxes and underage children prostitution is okay with the Media-Matters crowd?? Some of you seem to think so. What gives? I don't care how much good they may have done or did, they have to go.
Did you forget who creates legislation?
It was REPUBLICANS who created most sweeping banking deregulation bill in American history, lifting virtually all restraints on the operation of the giant monopolies which dominate the financial system.
The Gramm-Leach-Bliley Act (Phil Gramm Republican of Texas, Jim Leach Republican of Iowa & Thomas J. Bliley, Jr. Republicans of Virginia), also known as the Financial Services Modernization Act of 1999, is an act which repealed part of the Glass-Steagall Act of 1933, opening up the market among banking companies, securities companies and insurance companies.
The Glass-Steagall Act prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and/or an insurance company.
Ah, once again, you've conveniently (figures) forgotten WHO was in control of Congress in 2004 with enough of a majority to do ANYTHING they wanted.
The "pattern" I see is, you've got Alzheimer's when it comes to Republicans so you blame everything on Democrats.
Bush gets off free of charge according to you. The mess created by the 8 years of Republican controlled Senate, House of Rep. and Presidency are the fault of former President Clinton.
Beck Fox and Beck are ONLY considered successful to the folks who are anti-gay, anti-choice, anti-diversity, anti-truthful, anti-Hispanic, anti-African American, anti-anything that's not white and from the south. Basically, the same 20% that thought Bush was a great president when he left office..
YOU hope.
Considering Fox Noise wouldn't know the truth if it bit them on their butts, it's not worth the time or energy to of the White House to address their constant 24/7 noise program.
Thank goodness for Media Matters and other websites.
There's this thing called INNOCENT UNTIL PROVEN GUILTY.
Ever heard of it?
A doctored video from two right-wing hacks is not proof of any guilt!
Why is it whenever I see a screen name like "clear voice", or any combination of "proud" "fair" "American" " freedom" or any other self-inflating buzz words, it's almost a guarantee that I'm about to read a load of dim-witted, confused talking points and revisionist history ?
What they say has been debunked over and over again, and shown for what it is, and that is dishonest discourse to achieve ratings by stirring up a fringe in America. It may even be causing real violence.
But hey, this is the corporate media, let the ratings rule!! Winner take all, the American way!!
I will add Jay Leno to my list of "never to watch list", but hey, I only watch one show anyways, "Glee" on Wednesday nights. Awesome show.
I was enjoying Jay's new show, until last night. However, after he has had Rush Limbaugh on as a guest, I'm not watching any more.
I didn't watch the show in question. I refuse to support anything that mainstreams a radio personality that spews hatred and racism as a regular part of his show. While I understand that this is an entertainment program, and quite possibly nothing of a radical right-wing nature was promoted by Limbaugh last night, he continually promotes intolerance, anti-American sentiments, and thinly disguised racism and sexism. To feature him as a guest implies that Leno, and by extension NBC, validate and agree with his viewpoint on culture and politics.
Sorry your programmers ruined Jay's new show for me.