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Limbaugh predicts Obama will say "capitalism hasn't worked" to force people to "accept a transformation" toward socialism, fascism

January 14, 2010 3:15 pm ET

From the January 14 broadcast of Premiere Radio Networks' The Rush Limbaugh Show:

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Previously:

Limbaugh calls Obama's policies "Marxist, socialism, fascism  -- whatever you want to call it"

Limbaugh says Obama's policies are fascism, socialism, liberal, progressive - "whatever you want to call them"

Limbaugh on AP comparison between Obama and Gorbachev: Obama is shedding "ideological entanglements" of capitalism

Limbaugh on Obama administration: "They are focused on the destruction of the private sector. This is an all-out assault on capitalism"


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    • Author by IRONY 101 (January 14, 2010 3:22 pm ET)
      4 1
      Limbaugh is sounding more and more like Glenn Beck every day. Is a chalkboard next?

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    • Author by bintx (January 14, 2010 3:27 pm ET)
      6 1
      Which is it, Rush? Fascism OR socialism. Can't be both. Could it possibly be that you have NO IDEA what either of these terms mean, just like Beck?
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      • Author by jeter2 (January 14, 2010 3:47 pm ET)
        7  
        Geeze you'd think by now Rush & the other kids would get the name calling correct ;-)

        Liberals are Commies or Socialists

        Conservatives are Fascists
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        • Author by raddave43 (January 14, 2010 3:53 pm ET)
          1  
          Not in the Neocon world Fascism is lumped in there too.
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        • Author by bintx (January 14, 2010 3:56 pm ET)
          3  
          They don't know what the words even mean and neither do their adoring fans, but they sure do sound SKEERY!
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          • Author by edgewaterprog (January 14, 2010 5:21 pm ET)
               
            It is by design that words do not mean anything to these people. If you cannot even trust that language has meaning, then you are in a sort of undefined netherworld.
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    • Author by mjh (January 14, 2010 3:41 pm ET)
      5  
      Limbaugh predicts Obama will say "capitalism hasn't worked" to force people to "accept a transformation" toward socialism, fascism


      The mind-reading powers of the wingnut on display, again.

      Sure, he will, Limpy . . . I mean, why ELSE would he propose and sign a $787 BILLION aid package for that capitalist system??

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    • Author by Dem02020 (January 14, 2010 3:57 pm ET)
      4  

      I don't know about capitalism (a way too vague and undefined concept to seriously use in any Public Policy discussion), but as far as allowing the banks and financial services companies of America (popularly referred to as "Wall Street"), as far as allowing them to play recklessly and irresponsibly and even negligently with an extraordinary amount of the American people's private capital that they ("Wall Street") hold in trust, to gamble and risk (and even embezzle) that money on all sorts of schemes for which the penalty of loss is not felt by them ("Wall Street") but by those whose money it truly is, and ultimately felt also by the American taxpayer who has backfilled in and covered all those losses (more than a trillion dollar's worth), this unregulated use and abuse of all that private capital of the American people's, lost by "Wall Street"...

      Sure, it hasn't worked out very well, has it.

      Sure, we could use a "transformation" of sorts I guess, not toward any idiotic -isms (and don't these idiots just love their -isms), but toward more regulation and more oversight of how that extraordinary amount of our private capital is used (or perhaps abused) by "Wall Street".

      I guess something hasn't worked, but to call it capitalism is not to really say anything at all, except to bring yet another idiotic -ism into the discussion, where we already have too many as it is.

      By the way, would anyone agree that the extraordinary sums of money that "Wall Street" holds and uses (and abuses), it doesn't actually belong to them ("Wall Street"), and in fact belongs to people who don't truly work for any bank or financial service company, and therefore don't get any slice out of that great pie or get any bonuses either, for recklessly mismanaging and losing that money... are we agreed upon at least that much?

      Also, are we talking about a "Public Trust" here, when we talk about the vast sums of the American people's private capital that "Wall Street" is trusted with?

      And can we regulate and oversee this Public Trust?

      I hope so... I hope all of this good money that we've thrown after bad, all this taxpayer money used to bail out "Wall Street", I hope it sure does come with some regulatory strings attached.

      Otherwise we're just recklessly poring money ourselves, into the coffers of banks and financial services companies whose owners and officers lie awake at night, dreaming of new schemes to lose that money out the back door, and find some way of getting it into their offshore accounts...

      Yeah it hasn't worked, we need regulations and oversight of "Wall Street", that much is clear.

      OK, back to what you were doing, back to calling it socialism or fascism or whatever other idiotic -ism is in vogue among the idiot class.
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      • Author by Don Hussein Fabuloso (January 14, 2010 4:17 pm ET)
        4 1
        And I'm sure if Haiti was a communist nation, Rush Limbaugh wouldn't dream of using this opportunity to point out that communism doesn't work.

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      • Author by neon desert (January 14, 2010 4:24 pm ET)
        4  
        "ism" is their life's blood. Without "ism", they couldn't segregate themselves from anyone who doesn't think exactly like they do. By holding onto an undefined "ism", they can redefine it every day depending on the topic they happen to be discussing. An undefined "ism" is unaffected by hypocrisy or adaptive ideology.
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        • Author by Dem02020 (January 14, 2010 4:57 pm ET)
          1  

          When people like limbaugh use the word "capitalism" as in the above example, they're hoping whoever hears them will instead hear the word "American".

          And so for limbaugh to put words in the President's mouth, and claim the President has said or is saying "capitalism hasn't worked", it's the same as playing to the dunces and idiots in the crowd, and hoping their dim minds and soft brains will hear "America hasn't worked".

          But if you interrupt those dimwits in the middle of their limbaugh love, and ask them point blank "Do the financial services companies and banks that do business on Wall Street, do they need to be regulated and overseen, as much to protect our taxpayer money that bailed them out, as to protect the private capital of ours that we cautiously entrust to them?"

          And I think even limbaugh lovers would respond with a resounding "Heck yeah we need to protect and regulate and oversee our money in the hands of those thieves!"

          But if you quoted back to them limbaugh's idiotic description of it, and asked "So you admit that capitalism hasn't worked?"

          You'd probably get a dim and confused look on their faces and in their eyes, kind of like when a dog tilts his head sideways and even furrows his brow, confused at what it is his master is saying to him...

          Because if people think the word capitalism means the same thing as America, then they're no smarter than a dog is in these matters, and they probably love rush limbaugh and love listening to him, and they probably never tilt their heads sideways and furrow their brows in confusion at his (their master's) words, because he speaks their language, damn straight he does!
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    • Author by Boxer1979 (January 14, 2010 4:19 pm ET)
      4  
      Limbaugh predicts Obama will say "capitalism hasn't worked" to force people to "accept a transformation" toward socialism, fascism

      The funny thing this fool does not know we are in a preadatory type of capitalism. A small fascist state. Corporatism!
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    • Author by fantagor (January 14, 2010 4:52 pm ET)
      2  
      So which part of capitalism do you like most, Rush?

      The bailouts, the billions in bonuses for failure, or the millions of people laid off so failing giants could artificially inflate their bottom lines?

      Randy
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      • Author by okiepoli (January 14, 2010 10:26 pm ET)
           
        I would think he likes the "thousand Clear Channel employees laid-off to offset his $40M/year contract" part of capitalism - but that's just my opinion.
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    • Author by edgewaterprog (January 14, 2010 5:40 pm ET)
         
      If Obama makes the banks pay windfall profits tax (or whatever it is being called) based on their accepting the TARP funds, how is that fascist? Wouldn't a Fascist government transfer funds to banks and corporations and not try to recoup the money or the excessive profits that that money generated?
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    • Author by progressiveright (January 14, 2010 6:50 pm ET)
      2  
      Fascism is unregulated or low regulated capitalism while socialism is well regulated capitalism with the government in charge of the commons. I vote for Democratic socialism like what is working in most of the western world.
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