Rush Limbaugh is a liar and a Fascist, pure and simple
- From: "alt.politics.bush" <thomasw540@xxxxxxxxxxx>
- Date: Sat, 31 Jan 2009 05:25:47 -0800 (PST)
30 January 2009
Rush Limbaugh is a liar. He is lying the most when he is ranting
about not being a liar. And, like the Republican Study Committee, he
is lying to himself that his narrative of the last 40 years is The
Reality. He’s a liar because his ideology requires him to basically
repeal the law of gravity as an act of faith. He’s made a living being
a liar ever since Roger Ailes spotted him and organized the
syndication which puts him into 500 markets from sea to shining sea
and to all the soldiers and sailors and airmen and marines all over
the world.
He had a hissy fit over some journalist I’m not familiar with who
called him a liar in regards to the nature of the current economic
crises and the danger it represents to our national security, to say
nothing of our personal life styles. : He is lying about the crises
because the source of the crises is the laissez-faire, gold-based,
Free Market principles of William F. Buckley, Jr.’s conservatism and
he’s made his living the since Roger Ailes hired him as a propagandist
and agitator flogging the laissez-faire, gold-based, Free Market
principles of William F. Buckley, Jr.’s conservatism. I mean, when
the American middle class ever connects the dots between their current
economic discomfiture, the laissez-faire, gold-based, Free Market
principles of William F. Buckley’s conservatism and the Republican
Study Committee, Mitch McConnell is going to have a whole lot more to
worry about than just losing 13 senate seats and 51 house seats.
Anyway, this journalist said that America was in much better shape in
1982 at the depths of Reagan’s response to the recession he inherited
from LBJ, basically, although it conveyed directly from Carter. This
journalist is exactly correct: after 25 years of both Republicans and
Democrats running America according to various versions of the laissez-
faire, gold-based, Free Market principles of William F. Buckley, Jr.’s
conservatism, the middle class has been almost bled dry of accumulated
wealth. Rush Limbaugh is lying when he denies this. But there is
something about his narrative of the Reagan years that’s incorrect.
As I say, the recession Reagan inherited from Carter had its origins
in the way LBJ financed the war, the cost of the war and the fact that
we lost the war (which shifted the perceived balance of power in the
Gulf and gave OPEC the balls it needed to crimp the oil pipeline in
the first exercise in Supply Side economics in 1973). Nixon and Ford
were saddled with the inflation from that enterprise and handed it off
to Carter, who got to work at the community level addressing the
issue. 1978 was the depth of the Stagflation, when all the liquidity
in the markets was sucked up by the price of gold, which soared to
over $700 an oz and stayed there until after the Reagan deficit
spending for the military and electronic trading began to get traction
after Kaufman came into the markets in 1982. In fact, the pool of
inflation from Vietnam persisted until the Derivatives Meltdown in
1994 sucked it out of the economy and ushered in the Clinton economy
from August 1994 until the leading edge of the Enron recession in
March 2000, which Bushie inherited.
But, as I say, the liquidity was sucked out of Wall Street after
FedEx went public in 1977 and 1978 was the depth of the recession and,
by 1980, the agenda that Stuart Eisenstadt was wrangling as Carter’s
domestic czar was beginning to get some real traction from the bottom
up. I was looking for venture capital on Wall Street in 1978 and
there just wasn’t anything out there. DeLorian was looking for
backing at the same time and he ran into the same thing, even though
he hooked Ireland as the manufacturing venue (which was one of the
first manufacturing projects to go into Ireland at the leading edge of
their economic miracle over the last 30 years). In 1980, I was
consulting to the Community Services Administration and Small Business
Administration and did a fairly broad survey of all the various
programs Eisenstadt was coordinating. And it was all working.
And when Reagan was elected, I took this stuff Charles Z. Wick in
what has become The Points of Light Program and pitched to him as a
Incumbent Perpetual Employment Program for the Reagan domestic program
and discovered I was on a generic White House enemies list composed of
Viet vets and anyone doing business with the Soviets. And about the
first thing Phil Gramm was doing at the same time was to begin to tear
out Carter’s domestic agenda, starting with the Community Services
Administration.
And the recovery stalled. By 1982, it wasn’t so much that America
was in a recession as it was just dead in the water. And Don Regan
was turning back flips trying to create the liquidity the NYSE needed
to really jump start electronic trading by requiring restaurant
managers to collect withholding taxes on tips in the first of the
Fascist agenda to shift the burden of government completely off
Fortune 500 companies and the T. Boone Picken’s strata of tax payer
and completely unto small business and anyone earning $40,000 a year
or less. But, as I say, the Reagan response to the recession he
created out of the recovery he inherited from Carter didn’t begin to
kick in until the trickle-down from his deficit spending for the
military began to arrive on the shop floor and Kaufman decided that it
made about as much sense to put his money into America equities as
gold and the sudden influx of liquidity coupled with the capacity
electronic trading created on the NYSE exploded into a huge economic
expansion which continued until 1986, when the military spending dried
up and Corporate America took PATCO as license for a full-blown pogrom
aimed at organized labor, both of which contributed to the Bush
Recession in 1992 and the foundations of wealth for the middle class
in the present moment.
Rush Limbaugh is lying when he says that unions are not the basis of
the American middle class. This is one of those little conceits he
inherited as a typical Country Club Conservative of the McCarthy era.
Most of his racial attitudes he inherited from his daddy and Judge
Limbaugh directly from the Jim Crow era.
Al Franken was exactly correct: Rush Limbaugh is a big, fat liar and
the laissez-faire, gold-based, Free Market principles of William F.
Buckley, Jr.’s conservatism is The Big Lie he has built his career
lying about. He’s being paid $40 million to lie and, well, like he
says, he’s become an essential part of program prep for the drive by
media.
And that’s the truth.
Just for the record, speaking as a Lugar Republican, the election of
Michael Steele to run the RNC is a welcome event.
And that, too, is the truth.
I’m listening to Inside Washington and both Charles Krauthammer and
Evan Thomas are full of shit in terms of their economics. Spending is
stimulus. Stimulus is spending. It’s like the Winky-Wanky Bird.
Head Start is a mechanism for grass roots stimulus.
Day care is a mechanism for grass roots stimulus.
The so-called entitlement programs are mechanisms for grass roots
stimulus. All new wealth bubbles up from beneath the poverty level.
The difference between DHL and UPS is the Teamsters.
Everything Rush Limbaugh hates is how the economy actually works. I
mean, taking delivery on a $50 million corporate jet is a grass roots
stimulus for aerospace, generally, and for the working members of the
IAM.
And that’s the whole truth.
.
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