I never understood why people kept listening to him after he admitted he’d been bullshitting to cover for the Bush Administration last year (?) and was “tired of carrying their water”.
He was admitting to being a radio troll!
If it is not Obama, it must be Clinton.It can not be repub policies.
Hamadryad already pointed out why you’re wrong. I didn’t realize that me calling out your naivity equated with wanting to become a bloated gasbag sell-out talking-head for republican values. But thanks anyways.
Really? I hadn’t heard this…cool!
Asshole.
We must give credit where due – Rush blaming the market conditions on a president-elect who has not yet taken office sets a new standard for brazenness. Frankly, I’m in awe.
What an idiot. Aside from the conflation of one day’s DOW drop and the rest of the economy, that day happened to coincide with the release of an extremely import, and negative economic indicator: the unemployment report.
Real Americans have jobs, you pinko loser! If they would just execute the unemployed this wouldn’t be an issue!
-Joe
Only in Communist countries is there no unemployment! Unemployment is the cornerstone of capitalism! Death to the commie pinko bastard Merijeek!
I would attack the unemployed, first by shelling their homes with artillery, and then, when they run out into the street, mowing them down with machine-gun fire. And then, releasing the vultures.
I realize these views are unpopular, but I have never courted popularity.
Not that I want to defend Limbaugh, but I suspect you are misunderstanding him here. As I understand economics, the stock market is a leading indicator, meaning that people buy or sell stocks based on the profits or losses they see for that company in the future. Thus, there is a downturn in stock prices now because the market foresees a downturn *in profits *in the future. Therefore, his argument would be that traders know (or think) that Obama is going to be hurting companies’ chances of turning a profit – by higher taxes, by strengthening unions or what have you – and so respond by selling now.
Limbaugh may be wrong in attributing the downturn to Obama, but I don’t think he is wrong in his contention that stock prices are based on predictions of future profitability.
Two words: Soylent Green
I find your plan to be weak, and you to be too squeamish. Packs of rabid dogs are more effective than vultures.
However, he is basing his argument on the data from ONE SINGLE DAY of trading. This makes him a moron even if we accept your contentions.
http://mediamatters.org/items/200611090005 (I know, biased source, but it contains Rush’s direct quotes, plus you can just google “rush limbaugh water liberated” and you’ll see if from plenty of other sources).
Finally, a workable plan to deal with the unemployment crisis!
And think of all the jobs it would provide for out-of-work machine-gunners and vulture-handlers.
You’re welcome. If I was wrong in what I said, I apologize. Put it down to maybe just a touch too much painkiller medicine for my back; I sometimes see things that aren’t really there if I overdo it. So, once again, if I took what you posted the wrong way, I do apologize. Two apologizes ought to cover it.
A Modest Proposal 2: Modest with a Vengeance
As for Rush, at least now I have an idea of where some of my family is getting this from.
Fair enough. You’re a big man to say that you might be wrong. Twice. 
Not only that, but I’m sure the market had the likelihood of an Obama victory already priced in for the most part. It’s not like it was a surprise that he won the election, at least in the days leading up to it.
I thought you meant Rush the band… silly me.