Rush Promotes Conspiracy Theories About Timing of Lawsuit Against Goldman Sachs

By Todd Gregory

Goldman Sachs conspiracy theories were back in a big way today on The Rush Limbaugh Show. Rush continued to push the notion that thObama administration coordinated with Goldman Sachs to time the announcement of the lawsuit that the SEC filed against the firm. This is all purportedly being done to rally support for the financial-regulatory reform bill in Congress, which gives Obama “total unchecked oversight over American businesses,” he said. Rush relied mainly on a New York Post article and information from one of his friends who had signed up to get emails from Organizing for America, the group that carries on the efforts of President Obama's presidential campaign.

You see, Rush's friend got an email directing him to an Organizing for America site devoted to supporting financial-regulatory reform. And then the Post reported today that “Internet surfers who entered 'Goldman Sachs SEC' into Google were directed to the president's campaign Web site via a sponsored link titled 'Help Change Wall Street.' ” That link, Rush said, directed people to the same site as the Organizing for America email, so the group must have known in advance about the Goldman suit. The coordination had been in the works “for months,” he said.

I guess Rush didn't read much of that Post story. It also reported: “The president's political operation says the Internet push bought up numerous other relevant search terms and phrases and started days before the SEC action against Goldman. They say they bought the term 'Goldman SEC' after the lawsuit was filed.”

In the same vein, Limbaugh declared that the lawsuit against Goldman was “shaky on purpose” and “not meant to win anything in court but to win in Congress.” He also suggested that former White House counsel Greg Craig accepting a job helping to defend Goldman Sachs is evidence that Craig is trying to get back at the White House because he took the fall for the Air Force One flyover of New York City.

Yeah. It can be dizzying at times.

Rush also devoted some time to promoting Dick Morris' highly questionable claim that President Clinton said that he reappointed Janet Reno as attorney general to keep her quiet about his role in the confrontation at the Branch Davidian compound in 1995.

The rest of the show was composed mostly of sound bites -- Rahm Emanuel on Charlie Rose, Rep. Barney Frank in a committee hearing, Obama dealing with protesters at a fundraiser for Sen. Barbara Boxer -- calls, and reading from articles that attacked the feasibility of wind power and the scientific consensus that climate change is occurring.

Here are some highlights from the show:

Limbaugh “cannot disagree” with email claiming that Obama plans to repeal 22nd amendment setting president's term limit

Limbaugh: Obama “regime” is “marching full-fledged, full-speed ahead into every nook and cranny of our lives”

Rush says “it's a great question” whether Obama will return contributions from Goldman Sachs

Limbaugh revives claim that “the government single-handedly caused the subprime mortgage problem”

Rush suggests Boxer may lose election because of her “incompetence” and “idiocy”

Rush discusses Gaffney's theory that Iran could “launch a little nuke” from a boat and “t[ake] out our electric grid”

Limbaugh says Obama, Dems have campaign to “demonize” tea party

Limbaugh attacks “scientific community” as “idiots” while pushing book that disputes consensus on global warming

Limbaugh pushes Morris' conspiracy theory about Clinton and Reno

Rush says Goldman case “shaky on purpose” and “not meant to win anything in court but to win in Congress”

Limbaugh says financial reform regulation would have prevented adoption of “new innovations like debit cards and PayPal”

Rush says financial reform is “health care bill redux,” gives Obama “total unchecked oversight over American businesses”

Kitty Kaletsky contributed to this edition of the Limbaugh Wire.