LIMBAUGH'S CONSPIRACY THEORY: DEMS STARTED FINANCIAL CRISIS TO GET OBAMA ELECTED!

My friend and awesome biographer, Sir Gordon of Minnesota, implied--at least that's my take on it--that I may be buying into conspiracy theories because of my last two posts on Karl Rove's IT Guru, Michael Connell, and his unfortunate AND untimely death.

Now Rush Limbaugh, gasbag extraordinaire and endlessly amusing demagogue, believes President-elect Obama's win in November because of a financial meltdown caused by the Democrats!

Here’s how Limbaugh’s conspiracy theory goes: Schumer caused a run on IndyMac bank in California this summer, in order to create a feeling of financial panic amongst the public. Democrats then capitalized on this panic with electoral wins in the White House and Congress. The purpose of gaining this power, according to Limbaugh, was to nationalize U.S. industries:

LIMBAUGH: Back to this October surprise. I am just wondering — as I say, it can’t be proven — I’m just wondering if a lot of this was by design to create economic panic. Remember now — the Iraq war had dominated everything, and the economy was said to no longer be an issue in the campaign for the first time. Corruption, other things were — ethics (well, the Republicans had those problems) — but the economy wasn’t. They wanted to create economic crisis, a mindset of this.

So Chuck Schumer starts a run — a $1.3 billion run on IndyMac, and then all of a sudden, look what we learn! All these mortgages are worthless. All the mortgage derivatives and the mortgage-backed assets are worthless. Everything was worthless. There was no there there. Every institution, every guy in the institution was an empty suit. We had to bail out this, we had to bail out that; it didn’t help. I just wonder if what was a planned attempt to scare people economically — starting a run on the bank, doing this, that, and the other thing — has spun so far out of control, it’s gone so far beyond what the intention was, just to win an election, that nobody knows what to do about it.

The only mitigating argument against is that the number one, the primary beneficiary of this — and you have to look that even in an economic collapse like ours there are beneficiaries — Who’s benefiting? Aside from the people being bailed out. The Democrat party and Barack Obama are benefiting.

They got elected, they increased their numbers in the House, they increased their numbers in the Senate, they got the White House now, and they’ve got a crisis that people think can only be fixed with the all-mighty and powerful government interceding to save this or to save that, when in fact, the government is going to nationalize the automobile industry. It’s going to nationalize some banks. It’s going to nationalize the mortgage industry, and may end up nationalizing the automobile industry.

So the Obama team and the Democrat party are benefiting tremendously from this, even if it has spun out of control. It’s spun out of control, but they’ll make due with a new crisis they created a la Rahm Emanuel. But the reason I think it has spun a little out of control and gone a little further than they intended is that even the Obama people are saying, “Hey, it’s going to be really bad for a really long time.”

LIMBAUGH: Who’s benefiting? Aside from the people being bailed out. The Democrat party and Barack Obama are benefiting.

They got elected, they increased their numbers in the House, they increased their numbers in the Senate, they got the White House now, and they’ve got a crisis that people think can only be fixed with the all-mighty and powerful government interceding to save this or to save that, when in fact, the government is going to nationalize the automobile industry. It’s going to nationalize some banks. It’s going to nationalize the mortgage industry, and may end up nationalizing the automobile industry.

Some of my regular commenters wondered about my blog posts on Mike Connell's death and whether it was wise to post on an ongoing investigation that may lead to impugning the Bush administration and its possible involvement in POSSIBLE voter fraud in Ohio in 2004.

That's a fair comment, but I stand by my post on this issue and will continue to as the facts are revealed.

I have as regular commenters, what? 6? maybe 10 at the most? TEN.

Rush Limbaugh has 20 MILLION+ dittoheads [listeners] in his audience. TWENTY MILLION.

I expect my friends who objected to my putting this out there as a possible conspiracy theory to go over to Limbaugh's blog and LOUDLY PROTEST about his conspiracy theory.

I mean, let's not be hypocrites and criticize me, with my under a dozen readers, and not be appalled at Limbaugh with his 20 MILLION LISTENERS!!!

LOL!

How long will it take before those 20 million listeners start telling their millions of friends and family member about this? And since Limbaugh's listeners are called "dittoheads," that means they don't think differently from him, but "ditto" all that he has to say--in other words, no thinking, just parroting the demagogue.