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Limbully, Greece, EU, austerity, unemployment, Rick Santelli

We know you want a bolder paper person

What I learned listening to Rush:
- the doublespeak drop in unemployment to 9.7% includes, according to CNBC’s Rick Santelli, a drop in the number of available jobs from 136 million to 129 million … this helps explain how unemployment went down even though job losses continue to increase

- “America is no longer in the driver’s seat of this economic bus”

- “never trust information coming out of a closed society or socialist governments,” including China and U.S.

- perspective: press release dated August 1st 2003 from Queen Pelosi, bemoaning the loss of 3 million jobs after 9/11 … meanwhile, we’ve seen 8 million jobs lost during the Great Recession

- Greece must reduce their deficit to 2% of GDP by 2012, according to EU — it’s currently 12% … imagine if China made such demands on us

OPINION ALERT

This is not the first time the EU has enforced austerity rules on member countries. I have no problem with this, and wish China would call our bluff.

FYI — I am a Godzilla fan.

- Rush joked that since unemployment is down, we won’t be needing a jobs spending plan

- Rush gets called “Limbully” by a wealthy female Boca resident … she actually mentioned Savage as another example of bullies who attack Obama

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