I've been looking for a transcript of the show where he said this:

"Based on what we've seen with General Motors and the banks, if he fails, America is saved," Limbaugh said. "Barack Obama's policies and their failure is the only hope we've got to maintain the America of our founding."
Did he ever give explain what he meant by GM and the banks failing saving America?

Is he saying that the only road to recovery and to the GOP regaining power is a period of economic depression?

Last year Limbaugh signed a contract for $400 million. I'm not sure he understands what that kind of total collapse would mean to me and my family.

I don't get where he's coming from.

BTW--Greta just played a 10 min. portion of the show that contained the above quote, and he never did articulate his point. It wasn't clear at all what his problem was with GM. He said something about these guys need to be making cars and be run by people who understand that. He never really explained exactly how failure would benefit us.

In fairness, I don't listen to him on a regular basis, so maybe someone can fill me in.