Bill O’Reilly’s No Spin News and Analysis - Bill O'Reilly on His Debate With Mark Cuban Over Inflation, Kamala Harris

Episode Date: November 1, 2024

Bill O'Reilly talks about his debate with entrepreneur Mark Cuban and Kamala Harris' responsibility for rising inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey Bill O'Reilly here. I hope you saw the News Nation two-hour town hall on Thursday. And if you haven't, it'll be rerun Saturday at 10 p.m. Eastern on News Nation. We got a cast of thousands. We had Stephen A. Smith. We had Cuomo. We got me, at Sarah Palin, at RFK Jr. and about 100 people asking questions. It was really a very interesting and well-run Town Hall. Perhaps my favorite guest was Mark Cuban, a big liberal guy, huge donator to Kamala Harris's campaign, owns the Dallas Mavs. And I've known Cuban for a long time. And I went up against him on the News Nation Town Hall over inflation. Okay. So my thesis is that Biden caused inflation. Cuban believes that Trump caused inflation. Roll the tape.

Inflation was up 25% over the Obama economy he inherited. He had four years to make tariffs work with China. China kicked his ass. I got to jump in with course corrections here. Number one, the real wages, which is really the only economic barometer for the folks, was up 8.2% in the four years Trump was president. 8.2, across the board for working Americans. Back. Under Biden, Harris, it is around 1%. No COVID pandemic.

They have failed. Number two, inflation didn't start because Putin and the Arabs did anything. Inflation started, and I don't know whether you know this, Mr. Cuban, but Biden signed in his first week in on. office at least 20 executive orders, making it harder for every fuel company to harvest their product. Bill, you're bloviating. Well, okay. But what I said was absolutely true. So Mark Cuban believes that because Trump wanted Putin to pump more oil and wanted Saudi Arabia to pump more oil, which he did, okay, that blew up inflation. That's not true because Putin's oil primarily

went to Europe. We don't buy it. And Saudi Arabia was worldwide. OPEC. So it didn't impact our inflation at all. What did impact inflation that we are still suffering from today, even though the growth of inflation is now leveled off, high prices haven't. You still paying way more for the essentials of life. And you add that to insurance, home insurance, and car insurance, and on and on and on, you got a problem. Working people have problem. And Biden did it. Here's how he did it. As I mentioned to Mr. Cuban, who's not going to believe me no matter what I give him. Okay, because he doesn't want to believe it. People believe what they want to believe. All right. Biden gets in there, and because of the global warming pressure

from the progressives, he then makes regulations. He stops Keystone Pipeline. He knocks off all federal land drilling for oil. Then he says to the oil companies, you got to do X, Y, and Z by executive order, in order to get your stuff out of the ground. And that includes fracking. So it cost them three or four times as much to harvest their product, fossil fuels, than it did when Trump was in, because, because he didn't have regulations. He allowed the Keystone pipeline to bring oil down from Canada. Remember, Keystone goes over federal land so a president can stop it.

All right, when the oil company saw this, they said, holy, you know what, we gotta raise our prices now to recoup all the money we're gonna have to spend, the extra money we're gonna have to spend to harvest our stuff. That's why you saw, the gas prices rocket. Once the gas prices rocketed, all the truckers and transporters had to pay

higher prices. And so they had to charge the grocery stores and the restaurants more to get the stuff to them. It's all, this is capitalism. It's supply and demand. If the supply goes down as Biden wanted, he didn't want the fossil fuels because a global, warming, okay? When the supply goes down, the price goes up. So it was harder to get. And so home heating oil, air conditioning, gas in your car, food on your table, everything rockets more than 9% in the first Biden year. That's what happened. Cuban know that? I don't know whether he knows it or not. Don't really care. But he's around. He's a media guy supporting Harris. And the Democrats are more than happy to not tell you the truth, which I just did.

Now, you may know my background. I have two master's degree, one in public administration from Harvard. I know what I'm talking about. And if I don't know, I can get the best mind on the phone to tell me without any political stuff. I don't need to shade or spin. What I need are facts. And that's why that town hall on News Nation was so valuable. Because I was able, not only that Q&A with Cuban, and as I said, 5 million people on airtime when I'm taping this,

had already seen it, I think, by the time gets out on this channel, it'll be 10 million. The more people who know the truth, then you can make an informed vote. Because propaganda has overwhelmed what reality really is. And if you're gonna vote against Donald Trump because you don't like Donald Trump, that is your privilege and right to do.

But just understand what you're going to face if Kamala Harris becomes the next president. You need to understand that for yourself, for your family, for everybody. This inflation, she has no idea about micro or macroeconomics. None. What I just told you about the Biden executive orders igniting inflation because he wanted to pander to the global warming crew. Commonwealth doesn't know that. She didn't know anything about it. She has no economic basis at all in her whole career. The only economic thing that she has done in her

career was sign on to the Bernie Sanders Medicare for all bill. What was the Medicare for all bill? 2019 would have socialized medicine. The government would have run it. No more private health insurance. They would have told you, us, me, you. What doctor we can? can go to how much they're going to pay the doctor, and the doctor's not going to work for what they're going to pay them. Okay? So it would be absolute chaos across the board. Harris is a co-sponsor of Socialized Medicine Bill, Medicare for All.

Do you know that? Networks report it. Now, it was part of her being named in 2019, the most liberal senator of all 100 senators. I'm Bill O'Reilly. I hope you enjoyed the presentation. We'll see you again soon.