No, he asked the caller (who called to ask why you'd give money for Haiti at whitehouse.gov instead of to the Red Cross, missing the fact that all whitehouse.gov does/did was provide a link directly to the Red Cross). He never explicitly said "Obama is going to steal money you donate." He certainly suggested that donated money through the Obama administration would not make it to Haiti. Perhaps he meant that it would all be spent buying releif supplies in the United States that would then be shipped to Haiti but that strikes me as too credulous an interpretation.
Rush asked if the caller would trust that such money really would get to Haiti.
Here's the transcript of this portion of the show (I've bolded the relevant sentence), you can find it on many web sites so if you distrust me I'll leave it to you to search for it so you can pick one you trust:
Quote:
RUSH: We’re going to start in Raleigh, North Carolina. Justin you’re first today. Great to have you with us.
CALLER: Mega Rush Baby dittos. My question is, why did Obama in the sound bite you played earlier, when he’s talking about if you wanted to donate some money, you can go to WhiteHouse.gov –
RUSH: Yeah.
CALLER: — to direct you how to do so. If I want to donate money to the Red Cross, why do I need to go to the WhiteHouse.gov page and –
RUSH: Exactly. Would you trust that the money is going to go to Haiti?
CALLER: No.
RUSH: Would you trust that your name is going to end up on a mailing list for the Obama people to start asking you for campaign donations for him and other causes.
CALLER: Absolutely.
RUSH: Absolutely right.
CALLER: That’s the point.
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But even if all he had said was "they will most likely capture your email address" this would also be a bogus attempt to direct people away from an information source for how to help in Haiti since the site in no ways solicits information or accepts (at least this was true then, I'm sure it is still true now) donations directly.