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You just heard my proposal for Obama: Bail out the rich. Cut taxes. I might even be persuaded for a direct cash infusion to the rich, but it would take a lot of money. You'd have to give them 750 grand or a million dollars each to get 'em back into action out there, folks. But either way will work, there's no question about it, which is what Obama says he wants.
Saks Fifth Avenue, a 20% drop in same-store sales. It's so bad at Saks Fifth Avenue they're thinking of relocating either to Lexington Avenue or maybe all the way over to York Avenue, Saks York Avenue is what they might have to do. Williams-Sonoma, a 24% drop in sales because the rich, the high end, are not going in there and buying things. According to press reports, the affluent have been spooked by the financial meltdown. And then there's this, and this is because my memory is unparalleled, I recall this. Right before Christmas, the AP ran a story bemoaning the plight of the wealthy who were out bargain hunting. We told you about this at the time. They were out bargain hunting, they were looking for discounts, and the AP said this has crippled the economy. When the rich start looking for bargains, Saks Fifth Avenue has to move over to Lexington Avenue. When Macy's is shutting down all over the place, when Bergdorf Goodman has to put things on sale, you're in big trouble. Tiffany, all the jewelry places, if those things have to start discounting and people who normally spend their money there start looking for discounts, we're in trouble.
Originally posted by RRconservative
Rush is known for "illustrating absurdity by being absurd" I'm sure that is what is going on here.
Originally posted by Irish M1ck
reply to post by infolurker
What I can't understand is how people listen to someone who is so obviously biased that it's sickening. The only time Rush will call out a republican is if he feels the person isn't being republican enough. It's pathetic.
Originally posted by godless
reply to post by infolurker
Who cares if he's serious? Rush Limbaugh is an idiot. The only poeple who are more idiotic than Rush are the ditto-heads that listen to him and lap up his drivel like it's manna from heaven. It is my understanding that that is an ever-shrinking group, thank god. All you need to know about Rush limbaugh is that he was a fat drug addict. A FAT DRUG ADDICT. Which proves that he can't even get being a drug addict right!
Originally posted by Killerghia
Lastly, I would offer this, it is wise to listen, listen to anyone and everyone, this side and that. Verify stories before forming an opinion and commenting. It does take some work, but you will better yourself for going through the exercise.
Originally posted by whaaa
I listen to Rush and I think he is a genius in the way he plays the conservative mind set like a $5 fiddle. I'm convinced at the end of the day
when Rush is sitting around with his "boy" friends; He says "Did you hear what I told em today? Those fools ate it up like a slice of pizza" Rush is a Radio industry with many, many people working for him, sizing up the demographic.
It's just ratings and entertainment. A vehicle to sell advertising time.
[edit on 13-1-2009 by whaaa]
Originally posted by Irish M1ck
That's just a brief synopsis, but it certainly was not created by the media. That's just crazy. The media does a lot of bad things, and overall a terrible job of investigating and reporting news... but blaming it for the economic crisis means you listen to too much Rush Limbaugh.