Rush Comes Out Swinging; Blames Wall Street Woes on Clinton's "Decade of Fraud and Deceit"

The Rush Limbaugh Show | truthkeeper

[truthkeeper]

Rush opened his show with a lengthy discussion (still ongoing) of the Wall Street situation. He reminded us how the liberals loved to call the 80's the "decade of greed." The 90's, he said, should be called "The decade of fraud and deceit," and he attributed the mess to Clinton and company. Among other things, he spoke of the hubris of the Clinton gang, who bragged how they had "defeated the business cycle;" yet, as the Bible points out, "there will be seven good years and seven lean years." (My paraphrasing.)

Rush was also utterly appalled at the gall of Gephart (whom he referred to as "that little bug-eyed sleaze"), blaming this downturn on Republicans, George W. Bush, and even Ronald Reagan. Rush insisted he will not let them get away with this, and will continue to lay this right at Clinton's doorstep, "where it belongs." ("Who lied and manipulated numbers? Was it Reagan or was it Clinton?")

He also added that he is essentially an optimist and has no doubt that "we will eventually replace corrupt people with decent people." He said it is important to "look for the good in things," and credited the Bush administration with promising to investigate these matters.

He is really pounding, and pounding hard. Promises to be a good show. Say it, Rush!

[RLK]

What you said about the economy declining for the past thirty years is of course in stark contrast to what almost everyone believes to be the truth. I don't want to argue the point but I would like to hear your reasons for saying what you said.

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This is part of an ongoing discussion that has been taking place for years here. I don't have time to recapitulate the entire discussion for new people here. If you want to find out my reasons, get off you ass and go back in the archives.

[freedom4ever]

Gephart was just on Fox news, a bit ago, blaming 8 years of Republican Congress for the mess. The Republicans challenged them to try blaming Republicans. It was pointed out that Mcauliffe got millions from the Global Crossing thing. This ought to be fun.

[McGavin999]

Why didn't you yell about the OBVIOUS fraud at THAT time? Would it be because you were busy getting filthy rich and didn't want to rock the boat?

Because nobody would have believed it. Even though the entire country should have seen this coming when the dot.com bubble burst, they still wouldn't believe it.

Everything in it's own time.

On my part....I'm really glad to see that Rush is back on track. I missed him.

[OPS4]

NewsMax.com



Monday June 24, 2002; 11:15 p.m. EDT

FBI Raids Hillary's Warehouse in Whitewater Deja Vu

Ten years ago, L. Jean Lewis, an investigator with the government's Resolution Trust Corporation, was able to piece together a complicated Arkansas bank fraud conspiracy from a treasure trove documents she unearthed in an out-of-the-way Kansas City warehouse.

The result was the Whitewater scandal, which, after six years worth of twists and turns, ended in the first impeachment of an elected president in U.S. history.

New York Sen. Hillary Clinton surely hopes that history isn't repeating itself with the raid conducted by the FBI last month on another warehouse; this one chock full of documents from her 2000 Senatorial campaign.

"The documents were seized in a May 30 raid of a California storage facility containing documents of Peter Paul, the entrepreneur who funded Hillary Clinton's Senate campaign with over $2 million dollars in direct, in-kind contributions which were never reported by Hillary Clinton or her Senate campaign, as required by law," revealed the public interest law firm Judicial Watch in a press release late last week.

The raid is important for two reasons. First, it may yield yet another treasure trove of evidence against the Clintons.

But the second reason may be even more significant. The Justice Department's continuing investigative interest in the Clintons comes despite news last week that the U.S. Attorney for New York's Southern District, James Comey, decided to shut down a key part of the Pardongate probe.

Peter Paul and his Judicial Watch lawyers have been trying to persuade the Justice Department for the better part of two years to take his allegations seriously. But instead they seemed more intent on prosecuting him for stock fraud. That is, until now.

Judicial Watch Chairman Larry Klayman suggested the raid may represent something of a turnabout in thinking among Attorney General John Ashcroft and his colleagues.

"Mr. Paul could have turned the documents about the Clintons over to the FBI months ago under a cooperation agreement," Klayman noted. "Instead, he waits in a Brazilian dungeon for the Ashcroft Justice Department to get serious about this corruption case. So it is a welcome sign that the Justice Department is turning up the heat on this new crime scandal concerning the Clintons."

The FBI raid may also be a sign that the reported no prosecution deal for the Clintons, demanded by Democrat leaders as the price for President Bush getting some of his legislative agenda implemented, is beginning to unravel - since Democrats seem to have kept little if any of their part of the bargain. (See: Bush Insider Claims Clinton Deal Torpedoed Pardongate)

"The search warrant authorizing the FBI raid of the storage facility specifically references the Clintons and the New York Senate campaign," says Judicial Watch.

"The search warrant authorizes the seizure of: Records relating to New York Senate 2000, the Hollywood Gala Salute to President William Jefferson Clinton, the Federal Election Commission, David Rosen and Aaron Tonken... (David Rosen was the Director of Finance for Hillary Clinton's Senate campaign, and Aaron Tonken is a Democrat fundraiser who raised money for the Clintons. Both men have knowledge of Mr. Paul's contributions.)"

Meanwhile, Peter Paul awaits a Justice Department offer of legal leniency in exchange for his further cooperation in the Clinton case.

If he returns to the U.S. anytime soon, it could be a sign that for Hillary Clinton, it's deja vu all over again.


Read more on this subject in related Hot Topics:

[OPS4]

Lets see how long the story lasts here this time!!!!!!!!!!!
Ops4

[InvisibleChurch]

bump4reading,perhaps,later

[Admin Moderator]

One more spam and you will be suspended.

For all that are curious, see http://www.freerepublic.com/focus/news/705564/posts?page=1009#1009 for more information. Thanks, AM

[The Vast Right Wing]

Doubt that, I have been alive long enough to know that in the past 30 years the U.S. economy has out-performed EVERY other economy on just about every conceivable measure of economic performance.

[The Vast Right Wing]

Actually, given me three facts that would support your conclusion. In particular, how do you say the economy never recovered from the downturn of the 1990-1995 period. Please let me know on what basis you make such a claim.

[RLK]

Doubt that, I have been alive long enough to know that in the past 30 years the U.S. economy has out-performed EVERY other economy on just about every conceivable measure of economic performance.

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What other economies do or don't do is of little interest to me. Statements like that are jingoism for the clucks. Take it somewhere else where the rapt ignorant will listen..

[The Vast Right Wing]

See my other post. Please, give me some economic justification for your assertion that the US economy has been in decline for 30 years and that we have not recovered from the 1990-1991 recession. Please, just any bit of economic analysis that would buttress your arguement. Anything...

[Mortimer Snavely]

Here's a link which may or may not be of concern to you: http://www.gardnerweb.com/cons ump/country.html

[The Vast Right Wing]

This is not of concern to me. Why should I be concerned if the US is 4th in machine tool production? Similarly, why should I be concerned if the US is dead last in production of any particular good. We measure economic performance by statistics such as productivity and national wealth. By those yardsticks, the US is doing pretty good.

[RLK]

You can look up thr median white male incomes iver the last 30 years just as I have. You can look up the figures for numbers of people who have been out of work for six or more months the same way as I have. I'm getting tired of being expected to baby ignorant screw-ups who want the world to be an automatic cheering section for their kook ideological fantasies. Grow up and do some work.

[The Vast Right Wing]

Let's see, kook ideological fantasy = economics? I guess that is it. What's the matter, you are a white male that has been unemployed for more than six months?

[Mortimer Snavely]

Machine tools are machines which make other machines and are vital to national security, unless of course, you imagine that buying chips, steel and other things for the nation's defense from Red China is actually a good thing.

From the link:

"American factories produced 17% less in 2001 than in the previous year. Moreover, consumption fell 21% placing the U.S. out of first position as leading consumer for the first time since 1993. Production and output are not likely to turn around quickly, since orders, as tracked by the U.S. Machine Tool Consumption (USMTC) series of survey showed 2001 down 34% in orders compared to the year before. Those order levels, in fact, posted a 55% decline from their peak in 1997. "

All that adds up to a horrific decline in productivity. One can't produce unless one has the tools to produce with. Simultaneously, lots of foreigners are brought in to work at lower wages while Americans get the heave-ho. This creates a disincentive for Americans to go into those formerly well paying fields. We then wonder why there is a recession when lots of people are unemployed or scared about their jobs and hang on to their wallets with both fists.

It is apparent to me that you, like the other "free traders" around here, have forgotten a basic fact: regular folks, who make up the economy, can't buy stuff unless they make money, and they can't make any money unless they make stuff to sell. Rock music, cheeseburger franchises, and software just don't cut it.

[MinuteGal]

You stated in #17 that Rush is irrelevant because he "preaches to the choir". You couldn't be more wrong. I personally know many apathetic and liberal-leaning people who have become active in conservatism just because of Rush. I'm sure I'm not alone in observing this phenomena.

Rush is one part of the conservative fabric that exists in our country. Free Republic and other like forums are another part. Do you think all of us here at FR who knock ourselves out in freedom's cause to be only just "preaching to the choir"? If so, maybe we Freepers (and Rush) should just fold our tents and slip away.

We're in a war for survival. Many of us (and Rush) are doing what we can in our own way. It's the total effort that counts.

I feel those who consistently put Rush down with a superior sneer are part of the conservative problem, not the solution.

[virgil]

I can't put my finger on it but I have always thought there was something fishy about the 90s economy. The market seemed so incredibly high...too high. Credit, which in previous years was not always easy to get, became available to high risk canidates. It seemed like anybody could get credit. I heard that corporate debt was floating the economy. Was I imagining things or did they halt trading everytime the market started to tank during a session? It didn't seem right. There was no smoking gun though. Maybe this is it and the chickens have come home to roost. Or maybe I just have old fashioned ideas about money... keep it under your pit bull's doghouse.

[RLK]

All that adds up to a horrific decline in productivity.

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Whit is occurring is that the U. S. is slowly drifting into economic irrelevancy.

[mwl1]

Corporate leaders in the 1990s watched as both Clintons repeatedly broke the law, and skated. Several of these corporate types stupidly thought that they could get away with it too, not understanding that only the Clintons deserve a corrupt Justice Dept committed to protecting them.

The Clintons encouraged this corporate lawlessness and largess, because they knew that it insulated them further from legal accountability. Further, as business is repudiated by the American people, socialism would gain hold even faster in America. Another win-win for the Clinton slime.