Rush Limbaugh: Hypocrite

Yes, this is one of those areas where this blog has been proven absolutely correct. Rush Limbaugh is a hypocrite in the area of the stock market, and this blog told you that in foresight--not hindsight. In fact, this blog has explained to you what has really been happening with the stock market since October, while Rush Limbuagh has pretended to believe that Wall Street traders are accurate evaluators of economic policy (easily disproven, when you realize the Dow set a RECORD in October of 2007, just as the economy was heading into a steep decline).


Let me be clear. Rush Limbaugh is not as much of a hypocrite as the mainstream media, or most leftists. See multiple entries in the archives of this blog (including "Andrea Mitchell Is a Whore", which I mention because she is married to Alan Greenspan--he of "irratioinal exuberance" fame in connection with the dot.com bubble). But in the area of the stock market, Rush Limbaugh has been an obvious hypocrite.


While the stock market was going down, Limbaugh blamed it on President Obama (when it had little to do with President Obama, other than President Obama not giving the computer gamers anything to HYPE--a "policy" Obama has now changed in favor of "optimism" and continuous "headline" action). I told you at the time that this was a mistake on Limbaugh's part, because the people on Wall Street are NOT accurate evaluaters of economic policy or where the economy is going. They operate on present HYPE, and not accurate views of the future. I further told you that Rush Limbaugh would NOT give President Obama credit if the stock market went UP--even while purporting to cite every DOWN move of the stock market as "evidence" of Obama's economic incompetence.


Was I right, or was I right? Yes, I was right. Today, Rush dismissed today UP move as unrelated to Obama (as, to a large degree, were the DOWN moves, which is where the hypocrisy comes in). Limbaugh's objections to President Obama, as mine, have nothing to do with how the stock market is doing, or how the stock traders view Obama. Those people are the Stupidest People on Earth. See my previous entry, and multiple entires since October.


Rush Limbaugh was merely attempting to USE the stock market as a partisan weapon against Obama. That was never good tactics, and way too obvious. As I said, what do you do when the stock market goes (irrationally?) UP? Well, what you do is make clear that you are a HYPOCRITE (on this subject). That is what Rush Limbaugh has done. He has made clear, as if there were ever any doubt about it, that he is willing to blame Obama for EVERY drop in the stock market, while giving him no credit for ANY rise in the stock market. That is intellectual hypocrisy of so obvious a kind that conservative talk radio should never have gone down that road.



As I have said before, I am not above saying "I told you so.". Rush: I TOLD YOU SO.