michael – you’re right, I cannot say we’ve seen much benefit simply because conservatives have NOT been in control. GWB is no conservative and when the GOP had control (barely – not enough for cloture – look it up), they shamed themselves by imbibing the same vote-buying potion the libs have been drinking for years.

But you did hit upon something withyour fear of October.

RUSH: Ladies and gentlemen, do you know where we were two years ago at this very moment in time? Two years ago, Snerdley and I went back and looked it up. Two years ago, going into the ‘06 elections, on the front page of every newspaper for six weeks, the lead item on the Nightly News, the cable networks for five, six weeks, Mark Foley and an e-mail sent to a page in the House of Representatives. At the same time, we were in the third or fourth week of front-page stories, editorials and columns in the Washington Post about macaca. Six weeks, four weeks, every day, day in, day out, stories about George Allen and macaca, Republican racism, Mark Foley, and e-mails of a sexual nature to a page in the House of Representatives. Two years later, Fannie Mae and Freddie Mac, which dwarf Enron, WorldCom, and we do not yet have an honest portrayal, no curiosity, and no reporting of the root cause of this scandal, because it’s all traced to Democrats.

So you could say upon reflection, Mark Foley e-mails of a sexual nature to a page in the House and macaca, they are larger, they dwarf a genuine scandal around whose necks you can place the entire noose on Democrats. Just so you know, ladies and gentlemen, Fannie execs did exactly what Enron and WorldCom did and got prosecuted for. They misstated their earnings so they could hit their numbers. During required disclosure periods, whether quarterly or yearly, report exactly or slightly above the earnings per share that had been predicted is what they did. If you hit your numbers, two important things happen, Wall Street assumes your company is profitable and well managed, meaning the stock price goes up and management gets its enormous bonuses, bonuses which, by the way, multiply an executive’s base salary by a factor of two or three or more, are typically triggered by hitting the earnings per share targets. And note how this feeds on itself. Since a lot of executive salary is in company stock, fraudulently hitting the earnings per share target means that the compensation the exec continues to pile up is more and more valuable. This is exactly what happened at Fannie Mae and Freddie Mac. It is exactly what happened.

We frog-marched all of those execs, from Enron, WorldCom, Tyco, we frog-marched ‘em into court and we frog-marched ‘em into jail. Ken Lay had a heart attack before serving his sentence. What has happened here with Fannie Mae is identical and nobody, nobody wants to talk about the blame. Isn’t that amazing? But we couldn’t get away from macaca for six weeks. We couldn’t get away from Foley and an e-mail message of a sexual nature to a page in the House for six weeks. But we’re told the house is on fire and we gotta put out the fire. The arsonists are the Democrats. They keep setting the fires. The Republicans are the fire department. We keep trying to put out the fires. We get rebuffed. When the house is burning, the Democrats say, “It’s not burning. You don’t see any flames there. What are you talking about? You just are racists. You are just trying to create a problem where none exists so that we no longer have affordable housing in this country.” We’ve got a scandal that makes macaca look like what it should have always been, a simple little joke that was ill told, it’s worth a day on the campaign trail. The media destroyed a man’s career over it.

The very people who did the exact same thing that Ken Lay did and that Kozlowski do at Tyco and that Bernie Ebbers did at WorldCom are rewarded with advisory positions on Obama’s campaign, and they were also rewarded with millions of dollars. No frog marching, no prosecutions. So you just remember where we were two years ago. Remember where we are today. We’ve got something going on that just makes macaca and Foley as irrelevant as anything else you could come up with. And yet macaca and Foley remain bigger stories today, stories that have more impact on an election, more impact on events in this country than a scandal involving Democrats, Fannie Mae and Freddie Mac, that probably dwarfs Enron and WorldCom combined.

It seems September and October gives me at least a sense of dread. During this time in 2006, the MSM was seemed downright giddy about reporting the casualties of the Iraq War. Now they do it with the sense of impending financial doom.

Worst of all, they do their best make it appear that the election is over, the Democrats won, we can go home now. They do their level best to suppress the conservative/Republican turnout.

We all know they are determined to see their candidate, the Great Black Hope, elected President.

WHERE IS THE REPUBLICAN ATTACK MACHINE WHEN YOU NEED THEM?!

This is the kind of stupidity you get when public schools stop teaching history in favor of teaching kindergartners how to put condoms on bananas. You get people who’ve never heard of James Buchanan, Herbert Hoover, Woodrow Wilson, Andrew Johnson, or Richard Nixon.

GW Bush has been a mediocrity and a disappointment, but calling him the worst American president only demonstrates ignorance of history.

Does the phrase “excessive deregulation” mean anything to conservatives? That is what got us into this mess.

Yes, it means you havent got the faintest clue what youre talking about and are regurgitating the talking points youve been fed. But, by all means, Antho, connect the dots! Explain precisely how “excessive deregulation” got us into this mess. Which laws caused it and how.

antho, when the reward for worker productivity was ursuped by stockholder reward, that is when capitalist went awry.

1. The reward for worker productivity is being employed and getting a paycheck. Being productive is what you are paid to do. 2. Productivity increases in our economy are mostly due to capital investment in new technology. Faster computers, better programs, networking, etc… Investment that is made possible by stockholders, not workers. naturally, being the good little commie theif you are, you think you deserve the reward for someone elses risks.

And then after that, you can prosecute Chris Dodd and Obama, both of whom opposed any sort of regulation for Fannie Mae and who received the largest and second-largest campaign contributions in the Senate from Fannie Mae.

Yes, michael, tell us about all the communist workers’ paradises where worker productivity has been rewarded. The USSR? Cuba? Venezuala? North Korea? East Germany?

Please tell us of a better system.

Here’s a little factoid they probably forgot to teach you in gummint indoctrination center school: companies are owned by owners . If it’s a public corporation, the stockholders are the owners.

I own stock (since Social Security is broke – I will have to rely on it – I’m probably screwed) and I work for a company owned by stockholders (and I own some of that stock).

What is your alternative? Should the gummint run everything? In my town, the government can’t even synchronize traffic signals a block apart (despite the professed concern for the environment).

Many of these overpaid CEOs and Wall Street firms are large contributors to the Democrat Party. And the people that really ran Fannie and Freddie into the dirt are Dems (Frankin Raines, Jamie Gorelick, etc) who parachuted out with tens of millions. Enron on steroids.

If you’d pay attention, you’d notice that the people squawking the loudest about this bailout are conservatives. If the Dems could pin the blame on the elephant, you can be damn sure that there would be hearings to fix blame and calls for special prosecutors.

But blaming everything from humidity to flat beer on Bush is so much easier than thinking, isn’t it?

Why should someone take what you say seriously? Why should someone devote more time and effort correcting you then you would take time to do your own research?

Rush was in fine fettle Wednesday exhorting McCain to be a real maverick – lay out the problems honestly and start naming names. At this point, maybe he should consider going for broke.

Of course, with McCain’s fetish for bipartisanship, I’m not holding my breath.

I don’t think the Republicans have it in them to fight rough – even when the facts are on their side.

I think Leah’s exactly right – this is a manufactured crisis (which is not to say that there’s not a big problems here) and Bush, as is his wont, bought into it.

Will January 2009 hurry-up sp we can get rid of the worst president in the history of the U.S