Editor’s note: This is a verbatim transcript of Limbaugh explaining how ACORN, Barack Obama, Bill Ayers and Jeremiah Wright are all involved in a radical leftwing conspiracy to teach black kids to hate America.

From the time of my birth 57 years ago to today, this country has grown and expanded, prosperity has opened its doors for more and more people around the world, not just people born in this country.

We know the stories of asians immigrating and running rings around people born in this country academically in California. We know all about the immigration, legal and illegal, to get into the country. We know that the standard of living has risen. We know that technological advancement is going along at light speed.

And yet, during this period of time, whether it be the last 57 years, or the last 20 years, it seems that the majority of the black population has remained angry, frustrated and behind – they’ve been left behind. They’re acting like they’ve been left behind, and of course we’ve heard that this is because of racism, natural systemic institutional racism in America. We’re unfair. That this country is just horrible and rotten.

Do you ever ask yourself how it is that people not even born here can come here and in a few short years begin prospering in school, they’re own business, and yet people who are born in this country somehow have been raised to hate it – to still think they’re back in the days of slavery.

I actually think, after studying all this ACORN stuff, and reading what Stanley Kurtz has written about this, I actually believe that what has taken place here, in addition to liberal Democrat legislation – such as the great society and the war on poverty, which a lot of people would now acknowledge really busted up the black family by the government taking the place of a husband and father – he’s free to roam around and bear no responsibility. The mother remained the mother, she got the financial assistance from this legislation from the federal government. The federal government became the father. The father didn’t have to hang around in order for the kids to be OK – depending on how you define OK.

And as you study more and more of this ACORN stuff you find that it has been part of an entire movement that has been going for two maybe three decades right under our noses. We thought that it was just liberal welfare policies and all that that kept blacks from progressing while other minorities grew and prospered but no. It is these wackos from Bill Ayers to Jeremiah Wright to other anti-american afro-centric black liberation theologists, working with ACORN, and Barack Obama is smack dab in the middle of it. They have been training young black kids to hate hate hate this country. And they trained their parents before that to hate hate hate this country. It was a movement. It was a Bill Ayers anti-capitalist anti-american educational movement. ACORN is how it was implemented right under our noses.

They’re doing far more folks than just cheating when it comes to elections and registration. They’re in deep in this mortgage crisis. ACORN and Obama, and Barney Frank and Chris Dodd, the Democrat Party have their fingerprints the sub-prime mortgage crisis. The whole concept of affordable housing was people who can’t afford a mortgage are going to get one, because America is unfair.

It has been a movement. It has been a religion. And Obama and Jeremiah Wright and William Ayers were all up to their big ears in it.

As I explained on my radio show, this spectacle is bigger than I am on several levels. There is a contempt in the news business, including the sportswriter community, for conservatives that reflects the blind hatred espoused by Messrs. Sharpton and Jackson. “Racism” is too often their sledgehammer. And it is being used to try to keep citizens who don’t share the left’s agenda from participating in the full array of opportunities this nation otherwise affords each of us. It was on display many years ago in an effort to smear Clarence Thomas with racist stereotypes and keep him off the Supreme Court. More recently, it was employed against patriotic citizens who attended town-hall meetings and tea-party protests.

http://online.wsj.com/article/SB10001424052748704322004574477021697942920.html

Though i probably should make a real bet, as it would likely net me enough cash to buy a Caterham Seven kit and maybe even the engine/transmission to go in it. I’d give out free rides to anyone willing to gamble the contents of his/her stomach (and maybe his/her life) in a car that weighs 500 kg, has 200(ish) hp, and doesn’t have ABS, bumpers or even a roof.

I’d even give Rush a ride, but he’d have to lose a lot more than 90 pounds to A. fit and B. not totally throw off the cornering weight.

And, Lex, what’s with the gentleman’s wager. How about cold hard cash in large amounts with odds to male things interesting. If you’re going to bet, a negative outcome has to hurt badly otherwise you’[re just playing Chutes and Ladders. Gentleman’s wagers fall in the category of feminine hygiene products. They give a temporary fix, but don’t address the problem.

Now of course he blames everyone else (Michael J. Fox, Perez Hilton, Al Sharpton, Jesse Jackson, Obama, Oprah Winfrey, Sonia Sotomayor, Hillary Clinton, Olympia Snowe, ESPN, NFL, the media, basically people of color, women and gays) when of course all you have to do is listen to his show and plainly hear his daily prejudices filled sermons. So NFL, I salute you decision, job well done. And to the whaling cry baby perched on his self made pedestal, quit your whining it was your own fault. Don’t we all feel better?

Rush can now take his ball and go home.

How can I agree with you – even though you are completely, totally, 100% right – when you don’t know the proper adjectival ending for Milton?

Marketplace of ideas – and bad use of obscure grammatical constructions, it seems….

Now I have to go deal with my grief at being a failed educator….