Rush Limbaugh

WEST PALM BEACH, Fla. – Despite the resounding rejection of higher taxes by California voters yesterday, radio giant Rush Limbaugh is predicting President Obama will extend his "tentacles" to bail out the Golden State with federal dollars.

Limbaugh made the prognostication based on the notion that like the U.S. auto industry, California is "too big to fail."

"What Obama will do is simply bail out California and all of the debt and all of the overspending, all of the problems will be absorbed by all of us in the other 49 states," Limbaugh said today on his No. 1 rated program.

"I have no doubt that this is what's going to happen with Obama reaching out from Washington with his tentacles to be as involved in every facet of American life as he can be, and with nobody to stop him and with California populated with majority Obama voters."

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Limbaugh, who at one point in his show resigned as "titular head of the Republican Party," blasted the GOP as he suggested the defeat of the tax hikes would be ignored by current party leadership.

"This is not what they want," he explained. "They want growing government, too. They just want to be power players in it. This vote in California last night, that brings Ronald Reagan back to life and that's the last thing that the Republican Party, the people running it today, want. ...

"If the Republican Party's not going to pick this up and run with it, it may as well have not happened."

Limbaugh pointed how many members of the news media took the side of higher taxes along with Republican Gov. Arnold Schwarzenegger and the Democrat-controlled legislature.

He pointed to an example in today's Los Angeles Times, which features a post-vote analysis titled, "California voters exercise their power -- and that's the problem."

The article quotes John Allswang, a retired Cal State L.A. history professor, who suggested voters "deceive themselves constantly. They're not realistic."

As far as who should be the head of the Republican Party, Limbaugh in his irreverent fashion anointed Gen. Colin Powell in that role, despite Powell's endorsement of Obama in the campaign.

"General Powell has the answers," Limbaugh said. "He just hasn't shared them with us."

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