Limbaugh misquoted Obama on home values, used it as evidence of Obama "talking down the economy"
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SUMMARY: Rush Limbaugh falsely stated that President Obama said "that we all must learn to live within our means and not expect the values of our homes to go up 10, 20 percent over our lifetimes ever again," later adding, "This is what I mean by him talking down the economy." In fact, Obama said that we should "not assume that housing prices are going to go up 20, 30, 40 percent every year" [emphasis added].
During the February 19 broadcast of his nationally syndicated radio show, Rush Limbaugh falsely stated that President Obama said "that we all must learn to live within our means and not expect the values of our homes to go up 10, 20 percent over our lifetimes ever again." Limbaugh also stated: "This is what I mean by him talking down the economy. Don't think of your house as going up in value anytime soon." However, Obama actually said during a February 18 speech in Mesa, Arizona, that we should "not assume that housing prices are going to go up 20, 30, 40 percent every year" [emphasis added], not "over our lifetimes" as Limbaugh asserted.
From the February 19 broadcast of Premiere Radio Networks' The Rush Limbaugh Show:
LIMBAUGH: Obama said that we all must learn to live within our means and not expect the values of our homes to go up 10, 20 percent over our lifetimes ever again.
Jane here with a great question: then why the hell buy one? Well, the answer is you need shelter, and a home is the American dream. Yeah, but it's also the -- for most people -- their number one asset as they establish equity in it.
This is what I mean by him talking down the economy. Don't think of your house as going up in value anytime soon. Don't -- we've got -- you've got to get realistic here. The days of prosperity are over. Can I translate it for you? The days of prosperity are over, quote, the president of the United States, unquote.
What? Well, of course I say screw that, but not everybody can. Not everybody is in the position to say "screw that, I'm going to be prosperous." Some people are not self-starters. Some people need others to start businesses so they can go apply for jobs there. Fact of life. It's a reality. And we're targeting the people who start jobs. We're targeting the people who start businesses.
Yup. Saying it Rush's way implies that Obama is being more discouraging and doesn't want people to expect real estate to be a good investment. It plays better to his base. Rush was lying -- again.
Rush Limbaugh?
Being purely dishonest?
Get out.
digg it
Surely, he was just confused a bit, right?
Yeah, that's the ticket.
Just a little confused.
Obama's quote is even more outlandish than Limbaugh's!
In fact, Obama said that we should "not assume that housing prices are going to go up 20, 30, 40 percent every year" [emphasis added].
Are you kidding me? The president thinks we assume that housing prices are going to go up 40% every year??? Bahahahahaha.....
That is worse than his 57 States comment!
That is such an incredibly dense, uninformed, hyperbolic, and outlandish statement and our President said that? That is a classic!
Unbelievable!
Thanks MMFA for the best laugh of the day!
... what school did he go to?
AA stop replying to yourself...
Haven't you heard the saying: If you're in a hole, stop digging.
Umm, you know why he said that? Because during the housing boon, that wasn't too long ago, people did see their house values go up 20, 30, 40 percent or more per year. This happened, that's why he made that statement.
Example for you my misinformed friend. I used to live with this guy in Chapel Hill, NC. He bought his first home for about, $80,000. He held onto said house for 3 years, did no improvement work on it, except general maintenance stuff, and put in a new floor in the living room of said house. He sold the same house, 2 years later, for $210,000. Now, I don't know where you got your math skills, but that's more than 40% / year.
Mr. Obama went to Harvard, majored in law. In case your forgot.
I guess AA's trailer hasn't appreciated at all, given his ignorance of the subject.
One more quick example, and this was just from this year:
"The Beaumont-Port Arthur area of Texas saw median home prices increase almost 17 percent -- the highest increase in the nation."
OK, so it wasn't 40 percent, but 20, in a year, even during this bad market.
From the link: http://phoenix.bizjournals.com/phoenix/stories/2009/02/09/daily58.html
Link also talks about how bad other segments of the market are doing, but used the example of Beaumont area of Texas as a market that saw an increase in 2008 of almost 20 percent.
Mags,
A minor point. Obama graduated from Columbia with a major in Pol. Sci. He went to law school at Harvard. He did not major in it.
Well, you did ask where he went to school, which was, Harvard. At least, one of the schools he went to. He did not major in law? Huh? How did he manage to get a law degree then?
Another example for you:
"In Los Angeles, the 16% increase in 2005 followed a gain of 27.7% in 2004, 14.9% in 2003, 3.6 % in 2002, 9.4% in 2001 and 8.3% in 2000. Since December 2002, the average luxury home in Los Angeles has increased more than $945,000 to almost $2.3 million."
Seems as though in LA, they had a yearly increase of almost 30%.
It's not ludicrous in what Obama said, but that you're speculation about it, is, well, sort of.
http://www.firstrepublic.com/aboutus/press/release.asp?press_release_id=350
Mags,
If you'll go beyond the on year where supposedly there was 27.7% increase in 2004, you'll see that it was preceded by 3.6% in 2003 and a 16% increase in 2006.
Tell me, is that a 40% increase every year? Is it a 30% increase every year? Is it a 20% increase every year?
I am not arguing that housing prices spiraled out of control, I am laughing at Obama's gross exageration and straw man argument that anyone believed housing prices would continue to rise even 20% per year, let alone 40%.
Find me one link or one article where anyone in real estate felt prices would rise by 20% per year.... "every year".
I find it funny that even when you pick selected markets for any combination of years, they come no where close to Obama's rhetoric.
Last I knew, 27.7 was pretty close to 30. 16 is pretty close to 20. He said, 20, 30, or 40. He was not wrong. It has happened. Sure, it hasn't happened every year, but it has happened, where people have seen their home values go up by 20, 30, or 40 percent. I gave you examples of that. I gave you a personal example of that. I know people that this happened to. His rhetoric is spot on.
AA,
Up my way in the northeast corner of Massachusetts we saw house prices going from the mid $300,000 to over $500,000 in one or two years.
A lot of folks were priced out of living here. Including my eldest kid who could not afford to buy a house in his own hometown.
Same thing almost happened to my sister in San Francisco. And I had another friend who moved to SF recently, her and her husband both make 6 figures, and they STILL can't afford to buy a house. I'm not so sure that AA has been, well, looking at homes lately, or before the bubble burst.
Jeter, I remember a friend of mine got priced out of his range when he was looking around Newton, and had to settle for somewhere, less savory..
Hey Mag,
These mid $300,000 homes that shot up to over $500,000 were ranches & splits, so you can only imagine what capes or colonials were going for. It was crazy. Newly constructed homes around us were over $800,000. Of course some of those have been sitting on the market now for over a year & the price is down to about $600,000.
And those $500,000 ranch prices have dropped a tad too, but not as much as I expected.
I'm impressed with Obama on this topic. He's not blowing smoke up our a#ses. He's speaking honestly.
True enough. I think AA thinks he's blowing smoke... But, that's another story.
Jeter,
Show me any sane person who believed housing would rise 20% to40% "every year" and I'll consider Obama being honest.
Otherwise he is simply lying by exageration.
He's not lying. It happened. People believed that it would. Ever watch that show Flip that House? Those people most certainly thought it would happen. Obama is not "lying".
mags,
The point is not that people would flip houses and make nice profits. These houses were not flipped year after year at 20% increases. they may have made that much in one flip, but not year after year.
Show me one area where housing prices went up 20% per year, year after year, say from 2000 to 2008. Did those prices go up every year across the country or in very local areas. Just because Phoenix or Las Vegas or San Francisco experienced a boom does not mean everyone everywhere else had the same boom. So based on that alone, Obama's premise is false.
Nobody anywhere believes today that prices will rise 20%-40% every year, year after year. Nobody believed it back in 2005 either. For Obama to say people assume it will do so is as ridiculous as me telling everyone not to expect their Beanie Baby toys to rise in value 20% year after year!
Our President just showed how shallow of a thinker he really is when he says stuff like that. I can only laugh and wonder what you would be saying if Bush said the same thing.
Things are pretty bad when AA argues against himself and both arguments are false.
Talk about moving the goalpost..
Now someone has to prove that every year housing had to have gone up at least 20% from 2000 to 2008 somewhere to prove Obama's point. Wow.
Fact is, that from 2003 to 2006, People DID believe that if they bought real estate, that they would make a huge killing.
http://en.wikipedia.org/wiki/United_States_housing_bubble
You forgot Colorado, Michigan, Florida, New York, New England, Utah , Texas.
Hey Jeter, where have you been?
Along with New England and San Francisco, we in L.A. and Orange County understand there's nothing crazy about Obama's remarks. This is the mindset of a lot of people who saw no end to the housing bubble.
I heard a caller to Rush recently, it was actually pretty sad, and I listen to Rush for the laughs. An old Veteran (so he claimed) was calling in to complain about the economy.
He told the Oxymoron that he and his wife didn't buy their house as an investment, but for their retirement. (I inferred from his other comments that he considered those who "flipped" houses as investing, but those who based their retirement on the appreciation and resale of the house as non-investors).
The guy said his home had lost 35k in value, and it wasn't paid off.He sounded mostly confused that things didn't work out the way he'd planned, but El Rushbo finished his thought for him, telling the man that he probably didn't recognize his country,and it had been less than a month.
Yep, Obama ruined the guys retirement plans. Whatta pantload Rush is, and how sad for the below-average Americans who put their trust in him.
Hey Colonel,
I've been canoodling with Miz Julia mostly :-)
Home prices shot up 20%,30%, & 40% almost everywhere. Well maybe not in Mayberry? Ha!
I sometimes listen to Rush, but it's purely for entertainment. Anyone that listens for any other reason scares me....
Same here in New Jersey. Anywhere within commuting distance of New York went through the roof. And I don't think housing prices are dropping as precipitously as they are in other areas.
Hey King,
Yeah prices have held around here for the most part though some of the more expensive homes [$800,000 or more] sat on the market for quite awhile & are just now coming down in price.
I'm jeleous, you sly dog!
Got any pictures? ;)
Yeah Snoop I'm a sly lucky dog :-)
Aw you know I'm not the type to canoodle & tell or take photos...
Well ok, you dragged it out of me [gee that wasn't too hard] you can find the pictures over at eBay....I think there's still time to make a bid ;-)
I looked at those bids and they have gone up by 20-40% over the past few hours...seems like someone with the ionitials AA is trying to buy them all.
Maybe he likes my real estate? ;-)
You find that funny? You got anything to back up your contention that what the prez said is soooo crazy?
I did a quick search and found this...
U.S. housing prices increased by 6.9% in 2002 and 38.3% in the past 5 years.
These increases look small in comparison to the behavior of house prices in certain
regions of the country: prices in New England increased by 10.6% in 2002 and 62.9%
in the past 5 years, while prices in California increased by 11.5% in 2002 and 67%
in the past 5 years. In a number of local markets in those areas, prices have risen by
more than 70% in the past 5 years.
http://www.boozman.house.gov/UploadedFiles/Housing%20-%20Is%20There%20a%20Bubble.pdf
OB,
Thanks for making my point. I do not see anything close to even 20% per year that our fearless leader used as his bottom end figure.
Sure lots of people who happened to be in the right place at the right time did well in the real estate market, but it is beyond ludicrious that any of them thought prices would rise by 20-40% every year.
In some markets, they did go up by that much per year, but not on a consistent year to year basis. Check out my example from above. 2 years, +130k. That's, well, a lot.
I am not arguing that housing prices went up astronomically in some locations. I agree that is a lot. I know of one person who bought his house for $300,000 and someone came in, less than two years later, unsolicited in fact, walked up to the door and bought the house for a $1 million.
But did every house in the neighborhood go up by that amount. No. The rest of the market in the neighborhood remained the same.
Knowing some people hit the jackpot in the real estate market, it is still assinine to say people expected housing prices to up 20%-40$ every year. Nobody expected it go up that much in one year, (even when in selected markets it did go up,) let alone year after year.
Obama's rhetoric is just another example of those on the left exagerating reality in order to try and spend more of our dollars. Incredible.
He didn't say markets. He said "people" can't count on their home values going up 20, 30, or 40 percent.
You just provided your own example. 300k to a million is a big leap in value, huge leap actually.
mags,
That happened two years ago. Nobody, including the owner, thinks they can sell the house now for either $1,440,000 (20% per year X 2 years) to $1,960,000 (40% per year x 2 years).
Nobody expects housing prices to go up anywhere this year. For the President to say everyone should not assume so, shows how behind the times his rhetoric really is. It is just about as silly a statement as one can utter.
... And because of this we are to let him spend hundreds of billions more of our dollars? Knowing Obama said something as silly as this ought to really question his grasp of the facts, let alone the solutions.
I found this article:
http://money.cnn.com/pf/features/lists/nar_2q05/
It is ludicrous to believe that. That's why Obama is discouraging believing it. Because it's ludicrous.I don't know how things are there in Hooterville, but it was a very common mindset where I am for the past 20 years or so.
From a 2004 L.A. Times article
Orange County home prices continued to climb at a torrid pace last month as the median price jumped 21.3% from a year ago to hit an all-time high of $467,000
The median price of a new single-family house in Orange County was up 8% from a year ago to $594,000. Other increases were more extreme: The median price for a house that was resold was up 24.1% to $490,000, and resold condominiums climbed 25.3% to $324,500.
This reminds me of the outrage and ridicule of John Kerry's opinion that our soldiers should not be terrorizing civilians in the middle of the night.Do you disagree with that? Do you realize that laughing at people because they're not as ignorant as you makes you look like a real putz?
70% in 5 years?
...is pretty heafty and we don't know what individual years look like in that period. So, do you have any proof what the prez said was soooo crazy?
but it is beyond ludicrious that any of them thought prices would rise by 20-40% every year. AA
So you wanna keep up with that line?
The biggest price increases in the HPI during the past year occurred in Nevada, with a 4-
quarter increase of 31.2 percent. With the latest annual data, California overtook Hawaii to
become the state with the second fastest growing house price appreciation. The smallest
increases occurred in Colorado, Ohio, Oklahoma, Indiana and Texas.
http://www.ofheo.gov/media/pdf/1q05hpi.pdf
OB,
Again you prove my point. I took a look at your link. Here is the first line.
WASHINGTON, D.C. – Average U.S. home prices increased 12.50 percent from the first quarter of 2004 through the first quarter of 2005. Appreciation for the most recent quarter was 2.21 percent, or an annualized rate of 8.82 percent.
Funny, I don't remember Obama saying, "Prices went up 31% in Nevada four years ago, so everyone shouldn't assume a 20% or 30% or 40% increase in home values every year..." But maybe I missed that?
Show me anywhere a two year estimate of suspected housing price increases. Show me anyone who expected the market in Nevada to rise by 31% before it happened. Show me anyone who expected it to go up another 20%-40% the following year.
You guys have to do a lot better than cherry pick one year or one city to offset Obama's dishonest exageration.
You should come to New York.
There is nothing outlandish or inappropriate with what Obama said, he is being realistic and cautionary. Limbaugh not only lies about he aaid, but his agenda is pretty clear. More Obama bashing for the sake of it, boring.
Are you kidding me? The president thinks we assume that housing prices are going to go up 40% every year??? Bahahahahaha.....
My grandmother passed away in 2001, her small home in San Francisco was sold for $300K .... about 3 years later, without doing any upgrading to the home, those people sold it for $700K. They received an annual return of about 30% a year on that home. So yeah, Obama was right.
SF,
Apparently your family did not assume the price would rise 30% per year did they. Otherwise they wouldn't have sold it would they.
Did you or anyone else expect housing to increase 30% last year? How about the year before?
Everyone knows someone who made a bundle in the housing boom. However no one thought prices would rise 20%-40% every year. If they had, no one would have been selling their houses. They would have kept the money invested in those houses and waited a few more years for the much higher return. I mean why sell at $300,000 when you can wait three years and get $700,000?
If it's happened in the past, then it's reasonable to think that people would expect it to happen in the future. You're trying to change the argument to what people expected the first time.
Are you kidding me? The president thinks we assume that housing prices are going to go up 40% every year??? Bahahahahaha.....
Not so fast, AA. Many people were banking on the increased value of their homes to take out home equity loans - a practice that contributed to the current financial mess.
wz,
I never said they didn't.
Think how laughable it would be if I came in here spouting off that housing prices will rise 40% every year.
If that were the case, I'd agree with Pearlene below.
But has anyone anywhere assumed that?
Just because Obama says the same crazy thing, everyone here thinks it is so.
Groupthink is running at 95% here and I expect it to continue every year. :-)
"Many people were banking on the increased value of their homes to take out home equity loans - a practice that contributed to the current financial mess."
"I never said they didn't."
So people were expecting big jumps in housing prices, and prices had gone through the roof previously. But Obama saying that people shouldn't expect big jumps in housing prices anymore is somehow ridiculous.
Seems sort of a stretch.
Brab,
The point, which everyone seems to be missing, is to say people were expecting 20%, 30%, or 40% increases EVERY YEAR.
That is patently false and utterly ridiculous as is our President for saying such.
Lord Have Mercy!
AA, you get crazier by the day!
Pearlend,
Is that all you've got?
After the last 8 years under Bush, YOU have the nerve to post:
That is such an incredibly dense, uninformed, hyperbolic, and outlandish statement and our President said that?
Most folks understand that after almost 2 years on the campaign trail, you're bound to make a mistake and the "57 states" comment was simply a mistake.
Now, where was your laugh out loud moment when McCain said "The fundamentals of our economy are strong", after the failure of one of the oldest investment firms in the country?
My point is, your comments regarding Obama have become a joke. Your hatred is reflected in every one of your posts, making you, pathetically predictable.
I'll take McCain's optimism over Obama's pessimism as Obama keeps talking us into deeper and deeper recession by his repeated talk of crisis. You are free to disagree with anything McCain said. I have no problem with that. However, McCain's statement is at least arguable.
Having said that.Obama's statement is utterly ridiculous and patently false.
As an aside, I have no hatred in my heart for anyone. The older I get the more I see God's divine spark in everyone, whether they be rich or poor, educated or not, liberal or conservative.
For you to say I have hatred in my heart is in my view, simply a way to ignore the content of my posts... which you have done in both your replies.
I'll take McCain's optimism
OPTIMISM?
Are you freaking serious?
There were early signs of problems with the economy and Republicans , including McCain and Bush, simply repeated " the economy is fundamentally sound". When the housing market started to tank back in 2006, it was referred to as a "rough patch". When EVERYONE knew we were in a recession, Republicans, McCain and Bush included, didn't have the balls to TELL THE AMERICAN PEOPLE THE TRUTH!
That's no d*mn "optimism", it's called LYING TO SAVE YOUR POLITICAL BUTT!!!
And the fact that YOU would call McCain's comments "optimism", in the face of a MAJOR financial collapse and the eventual passing of the LARGEST bailout in government history, tells me you don't deal in reality!
You at least used to try to make a little sense, but now you're simply a Limbo/Hannity robot! You cut and paste right-wing talking points, never once, trying to apply a little common sense or an original thought.
This is another example of the same thing I just got done typing on another thread.
Obama is not pessimistic. He is being realistic.
On the other hand, people on the right are pretending (in other words, not being realistic) that the economy is not all that bad. They then are using that lie that Obama is overstating the problem to make all kinds of wild claims and unsubstantiated accusations.
Want some examples? Fine. Your comments here about Obama's statement. He was saying that many people had seen huge increases in home values, and they should not expect those same increases. Some people have seen 40% some years, 20% other years, but they should not expect those numbers again in the near term. You, AA, are overstating what Obama was saying and then implying that the changes won't be as extreme as those reality-based people are saying! You've said above that Obama's statement is utterly ridiculous and patently false, that his is overstating the prior gains, which means that the economy isn't as bad as Obama claims.
What a pathetic excuse for a human being you are, that you are unwilling to embrace reality.
Righties like Hannity and Limbaugh are saying that the stimulus has too much money in it for 2010 and beyond, like that's not going to be necessary money. If Obama is right, that money will be very necessary to help us keep the on the right track after 2009. But they pretend that the economy isn't all that bad, and then, when reality shows us that in 2010 it is still not recovered, they'll blame Obama!
Like Pearlene said, the Republicans have a long track record of not acknowledging the huge problems the economy faces. And that's not because they don't see reality. It's because it suits their political needs to ignore the problems when they are in power. It suits their needs to minimize the problems today so that they can fault Obama next year. You can't fool us.
"Obama keeps talking us into deeper and deeper recession by his repeated talk of crisis."
You mean the way Bush talked us into the housing crisis with his ownership society sales pitch?
It's all she needs.
You got ALWAYS miss the point don't you? So he exaggeratted some figures... OMFG! His point was valid - that the returns we were banking on (whatever we assuemd they were) were unsustainable, as was the sytem that perpetuated them. He was trying to being people back to a realistic expectaion (which people DIDN'T really have, even if no one was counting on 40%). Truth be told, you really should count, as heavily as we did, on housing going up 5% every year. (To use your emphasis.) The housing market collapsed not because real estate wasn't givinbg a good return, but because we were so leveraged out that a single FLAT year, or what would have been a flat year under a reasonable, sustainable system, brought the whole thing crashing down.
So (1) you nitpicked a perfectly valid point, focusing more on the words then the message. (I wonder if you ever did that with Bush?) (2) Rush couldn't even be bothered to do that, having to instead CHANGE the quote to fit his purpose. He was baltantly dishonest, while your just being absurd. Grnated, you're being more ethical and intellectually honest than Rush Limbaugh... but that's roughly the equivalent of being taller than Verne Troyer.
NGE,
I love the euphamism.. "so he exaggeratted some figures".
That is a classic. It is a tacit admission that Obama did not speak the truth.
However I've got to give you kudos for trying to deflect the conversation to Bush. Nice try but whatever Bush did or said is off topic.
All of the financial advice I read even during the boom years stated again and again to buy what you can afford and not pay over 30% of your take home on housing. If you planned on a 5% increase yearly, you simply made an erroneous assumption. Having said that, an expectation of a 5% increase yearly seems reasonable, at least in the short run. Saying people assumed a 20% to 40% increase in the long run is just silly and patently false.
Thanks for agreeing with me that no one was counting on 40% price increases.
"That is such an incredibly dense, uninformed, hyperbolic, and outlandish statement and our President said that? That is a classic! "
What's classic is your using breathless hyperbole to attack the president for using breathless hyperbole.
Change "every year" to "any given year" and it all smoothes out. I know that's not what he said, but speech is imperfect and it was ONE FRIGGIN COMMENT.
If he keeps saying this, get back to us.
Mostly because it's easier to have a job commenting and complaining about the process, instead of actually trying to do something to fix it, or help things along.
The only time Rush is telling the truth without a doubt is when he is talking about baseball. I know he loves it. Like G. Will I will take his word on baseball. He started and should return to sports broadcasting the Royals at that.
Yeah, but if be broadcasted for The Royals, nobody would ever hear him. I even forgot that they had a team out there.
Plus it would be about 3 hours on the job before he'd make some arguable, but incredibly poorly worded, point about whites/blacks/latinos/asains in the major leagues and get fired. Again.
(I say arguable because Donovan McNabb WAS overrated. The way he chose to make that point hoever was still in very poor tatse at best. I would have said the same about the pre-dogfighting Michael Vick... and I'm a Hokie! But I wouldn't say it the way he did.)
PEACE4ALL, I believe that there are people out there that like to be told and led and are too lazy to do any research to see if they are being told the truth or not.LIMBAUGH panders to these kind of people by saying,"dont listen to the drive bys or anyone else,I AM THE GREAT TRUTH DETECTOR. All you need to do is listen to me and my EIB network."(Exelence In Bulls--t).
Peace, and don't forget that recently Rush demonstrated that he's not completely adept using a computer as a research tool. If a '.pdf' file flummoxes him, how good can he be with "the google"? No doubt explains why he makes it up as he goes along.
He tells them what they want to hear. He feeds their prejudices and assures them that their vapid philosophy is somehow sound. It's nothing but a HUGE demonstration of confirmation bias.
Once you have ideology, you don't need argument, logic, reason, facts, cosistency, etc.. because the validity of all of those will only be judged against the ideology. (If reality doesn't fit my ideology, then it mustn't be reality!)
He's been poisoning people's mids for years, soon to be decades, and he's had LOADS of help along the way. And now a large portion of the population is so twisted and hooked on it that there's almost no reasonable way to bring them back to reality. You're asking people to THINK who haven't needed to do so for 15+ years now. That's like going to an obesity clinic to recruit marathon runners.
By the way I am from the Sacramento, California radio market and have listened to rush since before he went national. He was bad then but is way worse now.
i also have been listening to him since about 1990. i hate myself for it. but somehow he must appeal to a primitive section of the brain that likes to get all worked up and has no logic. the worst part is that i used to be republican and when i first got turned onto him i thought "wow, this guy is pretty sharp" unfortunalty, he kept talking..lol
This bastard is as much a traitor as Cheney or Rove. They all put corporate interests above America's. They all disgust.
Rush Limbaugh is a cancer of which we have no cure. He really should do the country a favor and STFU.
There are way too many people who listen to him and believe everything he says.... and they call Dems sheeple.HAH!
Worse is he believes himself more important than congress, the courts, or the President.
SARA BELLEM, "RUSH LIMBAUGH IS A CANCER OF WHICH WE HAVE NO CURE". Thats the best description of EL FLUSHBO that I have heard, wish I had thought of that.
Ya gotta wonder about a racist who can spin it and try to put the onus on everybody who doesn't agree with him!
Rush: I’m No Coward On Race, I Stood Up To Media’s ‘Slavish Coverage Of Black Quarterbacks’»
Yesterday, Attorney General Eric Holder said that the U.S. has acted as a “nation of cowards” when it comes to discussing the sometimes “awkward and painful” issue of race relations. Today on his radio show, however, conservative talker Rush Limbaugh rejected Holder’s view claiming, “I, El Rushbo, am no coward. … I show bravery on race” by standing up to the media’s “slavish coverage of black quarterbacks”:
And, what he probably didn't mention, is his talk about black quarterbacks got him fired from his Monday Night Football gig. Oops.
What Obama actually said was very depressing:( Home ownership has ALWAYS
been one of the BEST investments. I have NEVER EVER seen home values DEPRECIATE
before, nor have I ever seen home values APPRECIATE as quickly as they have over
the last few years. Now these homes aren't even worth their value anymore!
Speaking of stimulus package, just remember, your ol' bud snoopy told you about how the ignorant right wing churches were pushing this garbage...
Exclusive: Group counters stimulus with Jesus in TV ad
After watching liberal allies of President Barack Obama flood the airwaves in support of the stimulus bill, a conservative third-party group is countering with a provocative new commercial using Jesus Christ to emphasize the scale of the $787 billion package.
Funny. I didn't see any ads from liberal groups about the stimulus plan. Not a single one. Must be one of those things that they actually think happened, but never did.
Hey Mags, how ya doing? I broke down and hired a career consultant, and surprisingly, I actually am seeing some results. I've certainly gotten more hits since I learned how to change my approach.
Same here. Part of my severance package dealt with using a career consultant, and I just started working with him yesterday. I've only been out a week or so at this point, so I'm still not too worried, yet... I'm also looking at other avenues to go down. Started looking at going to Iraq or Afghanistan for a year or so as engineering support there. Also looking at law school pretty heavy, probably will try to get in, and start fall of 2010. We'll see how that all works out in the end.
Must be the drugs...
"Who listens to this crap anyway?"
Sara Palin listens. Joe the Plumber Listens.
OK, better question: Who listens to and understands this crap anyway?
To many people listen to Rush, Sean, and Bill for their own good. These 3 and others like them are poisoning minds by telling or inferring to their fallowers that the hosts will do the thinking for them. This is why they have such large fallowings amognst people who are not educated or are not very intellegent.
Either Rush Limbaugh is a pathological liar or he cannot read plainly printed information. Take you pick. either way the guy is grossly unreliable and always to the benefit of the far, far, right folks. Poor thing is just not aquuainted with facts. Oh well, no one can expect the truth from him even in these most basic subjects. Amazing!!!!
Being a graduate of Indiana University, For the love of me, I cannot understand how educated people can listen to this propaganda on a daily basis! He shapes any and everything to fit his ideology! He knows nothing about sourcing! He relies on a narrow slanted group of individuals to prove his points.....He thinks talking on the radio gives him some kind of special insight....In his words..." A Gift From God!" Even jokingly, this is not funny! People like him convince people of low information to commit harm and destruction! You'd think after the last two rounds of elections with their resounding defeat....they would NOT ELEVATE an untrained college drop-out to lead their party!!!!
I do not want the value of my home to rise dramatically because then i will have to pay more taxes and maybe be priced out of my home.
When Rush started his radio program i am guessing, he had no idea he would be taken seriously. His bombastic style and egomanical persona, which in large part was borrowed from Howard Stern, would seem to invalidate any of his "EIB" truth. The problem is that because the MSM is so much tilted to the right, rush appears to be credible. Our education systyem might be partly to blame for his listeners, or even the voters for "W"(twice-ouch). I think Limbaugh makes ever increasingly absurd statements in his desire to show he is really just an entertainer. Its not his fault he is taken seriously.
this isn't dishonesty, it's the reality of "rushworld", the nether region, located between reality and total fantasy. in "rushworld", everything rush says is true, because he says so. facts aren't needed, because, well, it's rush.
mr. limbaugh preaches to his adoring dittohead acolytes, who scarf up his every word, as though it were manna from heaven. he knows what they want and need (and especially what his bank account needs), and bestows it on them daily.
the man is no fool.
I said I wasn't going to post anymore because my business is booming, But I didn't say I wasn't going to keep up with whats going on. I have to comment on this.
Read these posts from the begining and you libs, by your own posts prove that the PEOPLE are responsible. Here's the PROOF, provided by you.
You all have provided, by your own admission and by where you live, how much housing prices have risen outragously over the past few years.
You want to blame; Rove, Bush, Greedy lenders and us uncaring conservitives.
You have failed to show any such PROOF that any of these people put a gun to their head or otherwise twisted their arm to purchace or sign the mortgage papers.
Housing prices went up due to the OVER demand to purchase a home by THE GREEDY AMERICAN PEOPLE (not by; Government, Rove, Rush, Bill O, Hannity or the so called Greedy lenders) that just had to buy a home. Home prices would NOT have risen by the levels YOU provided as a whinning proof, had there not been an overzelous demand to purchase such by the very people you want to call victoms.
What the heck are you talking about/
Nobody here is saying that government was responsible for the value in homes going up.
Nobody held a gun to people's heads to get a mortgage, but there are shady mortgage businesses out there that said, hey, we know you only make 40K / year, but you can afford a 800K house, sign here.
If you think that these things didn't happen, boy oh boy, are you wrong.
"but there are shady mortgage businesses out there that said, hey, we know you only make 40K / year, but you can afford a 800K house, sign here."
The people whom fell for this and SIGNED the bottom line, must have missed out on "REALITY" education or skipped math class.
What where the people "you refference" doing looking at an $800,000 home in the first place???????? And you think we should just bail them out.
"What the heck are you talking about"
Follow me on this (I'll go SLOW):
Supply side economics example:
There are 50 homes in your area for sale.
There are 150 buyers for homes in your area.
HOME PRICES GO UP
People sell their homes in this area to make a profit.
More people start to buy these homes with carlessness as the prices go up.
But they keep buing, knowing full well they CAN NOT AFFORD IT.
Thus the housing bubble burst, as people come back to REALIY.
The People; started it, caused it and brought on the colapse. (PERIOD)
So what? What does that have to do with what this topic is? Who has said what you are arguing against?
What the heck are you talking about?
While I do believe that the American home buyers are partly to blame, there are people who are more guilty of causing the mortgage meltdown.
Google a few names like Angelo Mozilo, Ian McCarthy, Dick Fuld, Marion & Herb Sandler, and Frank Raines.
THOSE are the people are most to blame. Yes, the people who purchased the homes are at fault to however, for trusting in those who sold them the loans.
It boils down to shoddy home lending.... and the aforementioned people, IMHO, should be held liable to some extent.
What's your business, foreclosing on widows and orphans and tying women to the railroad tracks?
Just came back briefly to see if you are still an (_!_).
That's a mirror you are looking into.
It's called narcissism. It's treatable. And it helps one see reality instead of only focusing on oneself. It opens one up to other's ideas and philosophies, and it's very valuable. You should try it.
Put.down.the.mirror.
Here's an example of the lawless, Alinsky-ite ACORN which Obama loves. What are you going to do Mr. President? Continue to rabble-rouse?
http://wjz.com/local/acorn.foreclosure.2.939119.html
Last I knew, Obama didn't really have any ties to ACORN.
Do you have a problem now with the freedom and rights that we have that say we have the freedom of assembly? Apparently, you do.
ACORN wasn't even part of this conversation.
Freedom of Assembly doesn't include breaking and entering. If you believe that, then you are an idiot and have no respect for the constitution and shouldn't be lecturing me on the topic
And another straw baby is born. Mother and Cheney2012 are resting from the strain, both of childbirth and of credulity.
AGAIN:
The buyers had to:
Get an Agent
Find a home they wanted to purchace.
Make an offer
Put up earnest money
Find finacing at fixed rate OR
Told they didn't qualify for fixed rate
Go to Closing AND SIGN THE PAPERS (SIGN YOU LIFE AWAY) stating that, WE WILL PAY THIS MORTGAGE.
Where did their FREE WILL get trampled on?
Wow. You're both ignorant and condescending.
Considering the fact that Mr. Hillbilly-Heroin-Limbaugh is a pathological liar without a shred of credibility, he should be banned from the airwaves - plain and simple. That this 'creature' (and I use that term loosely) is allowed to propagandize and destructively brianwash on a daily basis is a National disgrace. I dare say that if it was a Democrat doing this he would have been jailed long ago. If Republicans care about America they should show their patriotism and demand that he be shut down....and NOW!
Rush Limbaugh and his Rat-Pack of Right-Wing Media Hyenas are now fulminating about Obama's new Foreclosure Assistance Bill which they say will help the "Losers" in our society. Homeowners who are now in default on their mortgages are America's "Losers", and do not deserve any assistance from taxpayers. This is Rush's idea of Dog-Eat-Dog, Winner-Take-All, Losers-Be- Damned Capitalism. The fact that Rush's plan would fill our streets and shelters with thousands more homeless families, and leave banks holding empty worthless homes with no payments being made to the banks at all doesn't seem to matter. Rush has an Ayn Rand "Fountainhead" ideology to defend, and he will defend that Far Right Extremist ideology to America's last dying breath. Well, in case Rush hasn't noticed, "Losers" are what the Republicans were in 2006 and, even more so, in 2008. By 2010 and 2012, Obama and the Democrats will own the Stimulus Bill and the Homeowners Assistance Bill, both of which will probably have proven very successful by then. The Republicans will own the title of Obstructionist Destructionists, in light of their fierce opposition to these recovery programs. And, by that time, the GOP and the Right-Wing will be the biggest Losers of all. If you think Republicans are Losers today, wait until 2012 -- "You Ain't Seen Nothin' Yet."
Please visit my Blog: "Conservatives Are America's Real Terrorists"
http://conservativesarecommunistss.blogspot.com/
Loved your kinetic box and I love the way you kick the cons to the curb.
"In fact, Obama said that we should "not assume that housing prices are going to go up 20, 30, 40 percent every year"
To be fair, years of Oxycontin abuse have rendered Rush as deaf as a post. He probably just didn't hear Obama say "every year" ;)
AA
"The point, which everyone seems to be missing, is to say people were expecting 20%, 30%, or 40% increases EVERY YEAR."
No, we all understand that. We also understand that in extemporaneous speech phrasing doesn't always match up to the absolute ideal. I suppose he could have said "20%, 30% in some years, interspersed with smaller gains now and then, but overall making large gains..." It's hard to imagine you'd be doing anything but mocking his verbosity in that case.
His point was perfectly understandable. Pick your battles, because this pettiness just makes you look like one of the earliest diagnosed cases of Obama Derangement Syndrome.
We bought our first house in 1987 for $75,000. Sold it in 1993 for $150,000. A 100% increase in 6 years. That's way closer to 20 percent every year than "10, 20 percent over [my] lifetime."