My standard response on these economic arguments is that they make my head hurt. Overall general trends are usually identified and agreed to over time. Anything else is an endless argument. Meanwhile, Rushbo is fighting the Feds.
Rush detects a conspiracy
By CORKY SIEMASZKO
NY DAILY NEWS STAFF WRITER
Rush Limbaugh says he's being tarred by trumped-up money-laundering claims.
"I know where this is coming from," he told his radio audience yesterday. "I know who's behind it, and I know what the purpose of the story is."
But Limbaugh, who returned to his syndicated show on Monday after five weeks in detox for painkiller addiction, wouldn't identify his nemesis.
The money-laundering probe grew out of a joint Florida and federal task force investigation of the drug ring that allegedly supplied Limbaugh with OxyContin and other prescription painkillers.
ABC reported Tuesday that Limbaugh made 30 to 40 withdrawals of just under $10,000 from his bank account and that a decision on whether to prosecute him for alleged money laundering would be made in the next few weeks. The Palm Beach County, Fla., state attorney's office declined to comment on that report.
While denying that he did anything illegal, Limbaugh admitted that he had bank workers deliver wads of cash to his office and radio studio - and called it spending money.
"The money was for travel, for food, for gratuities," he said. "I did that two or three times. It was not a traditional bank."
The right-wing radio jock also said he used some of the loot to remodel his $24 million palace in Palm Beach.
Limbaugh was silent on whether he spent the dough on black market painkillers he ingested by the cigar box-full.
"I was not laundering money," Limbaugh insisted. "I was withdrawing money, for crying out loud."
He said his bank, U.S. Trust, urged him to keep cash withdrawals below $10,000 so the bank could avoid federal paperwork associated with such transactions.
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