Bill O’Reilly’s No Spin News and Analysis - Democrats and the Media Conspire Against Trump, Biden's Excessive Vacations Report, What’s Driving Corporations to Back Kamala Harris? Bill Debates Laurence Kotlikoff
Episode Date: September 10, 2024Tonight's rundown: Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Monday September 9, 2024. Stand Up for Your Country. Talking Points Memo: Bill breaks dow...n the collusion between the media and Democrats to derail the Trump campaign. A new report says Joe Biden took 48 years’ worth of vacations in just 4 years. Have any other presidents worked less than he has? Professor Laurence Kotlikoff enters the No Spin Zone to debate why corporate leaders are supporting Kamala Harris. Smart Life: How to cut costs while dining. This Day in History: Elvis Presley on "The Ed Sullivan Show." Final Thought: Bill's media tour for the release of Confronting the Presidents. In Case You Missed It: Read Bill's latest column, The Kamala Mystery For a limited time, get our three latest Political Memorabilia mugs at a 25% discount. Our Political Memorabilia 2.0 bundle includes a Not Woke mug in navy, a Team Normal mug in white and our newest mug, No Socialism in navy. ORDER TODAY! Election season is here! Now's the time to get a Premium or Concierge Membership to BillOReilly.com, the only place for honest news analysis. Preorder Bill's latest book, CONFRONTING THE PRESIDENTS, out TOMORROW! Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
Hey, Bill O'Reilly here.
Welcome to the No Spin News, Monday, September 9th,
2004, stand up for your country.
We are very glad you're with us on the busiest week of the year.
So confronting the president's, my new book, out tomorrow.
Those of you who preordered on Bill O'Reilly.com, some of you already have it, and I've got to do a lot of media for it.
You'll probably be tired of seeing me around, but it's a really good book.
You're really going to learn a lot, and you'll enjoy reading it.
And then we have the debate tomorrow night.
Obviously, that's going to be huge.
Could absolutely tilt the race one way or the other.
Now, we're going to have our regular broadcast tomorrow, and then I will be doing pre-debate and post-debate.
analysis on news nation and we'll put some of that on bill o'reilly.com as we always do so um that's
going to be a big a big thing and um we're very happy to be engaged this week and i want to
welcome the thousands of new bill o'reilly dot com premium members we've signed up since mid august
because we have the best campaign and election coverage here there's no doubt about it
because we don't favor we don't tilt we don't root i tell you exactly
why I say stuff, I back it up with as many facts as I can, if I do favor a certain
political candidate, I'll tell you why.
All right, that's all we can do.
Now, the talking points memo tonight is Donald Trump, why he is not going to prison.
So you'll remember the hysteria when he was convicted in New York City in the hush money
case, which in my opinion is totally bogus, okay? And, you know, it was a local beef, a judge named
Marsham presided, we went over it, everybody went over it. Well, the sentencing was it originally
for September 18th, okay, next Monday. No, next Monday, 16th, next Wednesday, a week from this
Wednesday. But if you had followed this broadcast, you knew that it was never,
ever going to happen. All right, here's what I said on August 7th ago. It's not going to be any
prison time from Donald Trump. In fact, I think the sentencing will be delayed until after the vote.
I think that the feds will step in if there's any kind of trying to manipulate this in the
election process. And of course, once again, I know I sound like an idiot bragging all the time,
but once again, that's exactly what had.
And it wasn't even hard.
So you can imagine that if New York City had the power to tilt a presidential election
by putting one of the candidates in jail, it could never happen in any state in any city.
Federal government said right in and said, no, all right?
And that's exactly why Judge Marshan announced on Friday
that the sentence is going to be delayed to November 26.
after the vote.
Okay?
Now, Trump's not going to prison no matter what.
Because it's a low-level beef.
First time I was ever prosecuted in the history of New York City.
It's insane, the whole thing.
But I got hundreds of letters from panicked Trump supporters.
Say, oh, he's going to go to jail.
I heard it.
I heard it.
He was going to jail.
I know what you heard.
Roll a tape.
They're dealing with maniacs on the DOJ side, on the Twinkie side of this thing.
They're not going to stop until this guy is in prison or hurt or worse.
They're not going to stop.
Now, he wasn't the only one.
All right, that was a, I wouldn't say common, but it was out there because you can make money scaring people.
That's why they do it.
any responsible analysts would know that not going to jail okay so i try to allay fears here i try to
explain why my analysis is the way it is and we're pretty successful um now it is true
that new york city and i believe the special prosecutor in dc took these cases on
to marginalize and demonize Donald Trump to make his life a living hell.
That's why they did it.
When you read confronting the presidents, and this is not what aboutism, but you'll see things that you go, what, that were ignored, things that were ignored, things that presidents did, that could have easily got them into the penitentially.
LBJ, my God, when you read that chapter?
All right, so let's just sum up.
Most of these things were politically driven, in my opinion.
None of them were going to lead Donald Trump into prison, and that's the memo.
Okay, Donald Trump, Kamala Harris, prepping for the debate tomorrow night.
I'm not going to speculate on what I, if you read the message of the day and my column,
the Kamala mystery that I filed on Sunday. I lay out, okay, what Donald Trump has got to do,
and what Kamala Harris has to do if they want to be victorious. Okay, so message in a column
are free. You don't be premium members, go to Bill O'Reilly. I'm going to just read them.
Biden gives a speech today at the White House about the Disability Act. Fine, nobody cares.
Nobody's paying attention. The debate is tomorrow night.
p.m. It'll be on every network. ABC News is sponsoring the debate.
Moderators David Muir and Lindsay Davis.
Okay, 90 minutes. It'll be over at 10.30. It's in Philadelphia. They'll have two commercial
breaks. I will tweet at Bill O'Reilly. At Bill O'Reilly is easy sign up during the debate.
All right. So you got the machine, you got the TV. We're all set.
According to New York Post, and this report is sketchy, but it was front page.
All right.
Joe Biden has taken 48 years worth of vacation of four years.
Okay.
Now, this data comes from the RNC, the Republicans, and New York Post takes it and says that out of the 1326 days that Biden has been president,
It's been on vacation 532 of them.
It's a breakdown that, you know, you can read it and decide for yourself, but I wouldn't go into court with this breakdown.
So the major vacations the president's taken in three and a half years, St. Croix, Virgin Islands, Lake Tahoe, Nantucket, Santa Yanez, California.
Am I saying that right?
Santa Yonis?
I think so.
Camp David, Maryland, they say is a vacation.
So Biden's going to say, no, Camp David is at presidential retreat, and I do work there.
You know how it is.
But let's just be honest here, please, because we always are.
Biden has worked.
There's only one president that I can find that's worked less than Joe Biden.
Warren Harding.
Where do you see this guy?
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Power, politics and the people behind the headlines.
I'm Miranda Devine, New York Post columnist, and the host of the brand new podcast, Podforce One.
Every week, I'll sit down for candid conversations with Washington's most powerful disruptors,
lawmakers, newsmakers, and even the president of the United States.
These are the leaders shaping the future of America and the world.
Listen to Podforce One with me, Miranda Devine, every week on Apple Podcasts, Spotify, or wherever you get your podcast.
You don't want to miss an episode.
Okay.
Now, I get a lot of mail in addition to the Trump going to prison on why corporate CEOs are supporting Kamala Harris, because she wants to raise corporate taxes significantly.
Okay? He wants to raise taxes on the affluent American and businesses.
Now, 88 corporate leaders gave CNBC a letter endorsing Kamala Harris.
Here are just some of the people, James Murdoch, Rupert Murdoch's son, Larry Summers, Mark Cuban, Penny Pritzker, Barry Diller.
They're all ardent liberals.
They give millions of dollars to liberal causes.
So that's no surprise.
But the 83 other people, you know, I went down a list.
I don't know them, but I'm going, you know, what's going on?
I don't know what's going on.
Okay, so I do know that the cost of the essentials of life under Biden Harris have risen 20%.
That's documented.
It's gas, food, insurance, on and on.
That's not good for the overall economy.
Now, the insurance companies is good for them.
Maybe they want to endorse Harris on that basis.
I don't know.
Okay.
Under Joe Biden, the national debt has risen by $7 trillion.
That's not good for anybody, any corporation or anything.
They're running a trillion and a half deficit every year in the Biden administration.
That's Harris.
Okay.
So it doesn't look like a good scenario on the economic front.
why would CEOs be endorsing Kamala Harris?
So I asked myself,
find a very smart guy,
I can explain it so even I can understand it.
I'm not a macroeconomic specialist.
I did take courses at Harvard,
and I got through it,
but I can't say it really knew what I was doing.
So anyway,
joining us now from Providence, Rhode Island,
is Dr. Lawrence Kotlakov,
who teaches at my alma mater, Boston University.
he is or was a former economist for President Reagan.
All right.
Okay, Professor, so let's dumb this down
so even I know what you're talking about here.
On paper, it looks like if you're a CEO of any corporation,
you want Trump who's gonna cut the taxes, not Harris.
Where am I going wrong?
Well, I think that's, you know, obviously you can screw up
the corporate tax.
I mean, imagine you made the corporate tax rate 100%.
You eliminated investment.
incentives. Every company would relocate abroad. We'd have no jobs for US workers. It would be a
disaster. So there's clearly a sweet spot and going beyond the competition isn't necessarily it because
I and other economists think that corporate taxes are if they're above the competition are really
taxes on workers so that we have to be careful about how we handle those.
But sir, let me stop you right there.
Surely the CEOs know that people will be laid off in their companies if the tax rate goes from 21 to 28%.
So that, therefore, the personnel of the private corporations are look around to cut what they can cut.
Also, the increased taxation paid by the corporations, some of the costs that will pass along to the consumers who buy the products of these corporations.
Everybody knows that.
Why are these 88 people endorsing Harris then?
Well, I mean, first of all, you know, the details matter.
If you raise the corporate tax rate to 28,
but you increase investment incentives on new capital,
not on new investment, not on existing capital,
that could keep the effective rate lower,
even lower it could lower it while they...
So you're saying there'd be write-offs,
these companies would invest and write some of that off?
Is that what you're saying?
new investments could be subsidized so that there's more, so at the margin, companies still
have incentive even maybe better incentives to invest in the U.S.
But that's a big maybe, because they could write pernicious things into the tax code that
would stop all that.
They want it.
They can also raise tariffs by 10 percentage points.
I mean, across the board, that's not something economists would endorse either.
So what I'm trying to get at is that these CEOs are thinking about the big.
picture here and you know do we have a I'm not for everything I think we need to have a major
overhaul of the fiscal system the benefit system we're locking lots of millions of poor
people into poverty because we give them benefits and then say you earn too much you lose
Bing Bing Bing Bing Bing and they're in very high marginal tax brackets adding additional
programs like that to me is not exactly the wrong way to go
All right, but now you're getting into a lot of complicated situation.
Okay. I happen to believe that the 88 CEOs that endorsed Kamala Harris are doing so primarily out of ideology,
not that they might be able to get more investment money or they might be able to use the tax code,
which will certainly change. Look, and you know this better than anybody.
Bernie Sanders, the senator from Vermont, is a socialist. Kamala Harris sponsored the universal
health care, co-sponsored it with him. Kamala Harris' whole career is big, big government.
Now, you as an economics professor teaching at BU, do you believe the federal government should
run the U.S. economy? Because if you do, then you would vote for Kamala Harris.
Well, I think there's lots of reasons I'm going to vote from Kamala Harris, but let me be clear because I don't, I don't think Trump is mentally stable enough to be president.
All right, but that's not the issue here.
That's a different issue.
But, I mean, if you want to talk about health insurance, health care, I'm for medic.
Listen, just hear me out.
I'm for Medicare part.
I'm for Medicare for all, but the Republican version, the advantage plan for everybody in the country.
That's pretty much what Japan has, Israel.
European countries competitive health care, and we can get the share of GDP down from 17%
down to 11% and get the Swedish, you know, get our performance up at where Sweden is.
They're spending 11%. They have fourth best result. We have like, we're spending 17%. We have about
21st best. But you would do it through negotiation, correct? Not field.
We do it through competition, through competitive health care system, the Republican version of Medicare.
That's a big thing.
What I'm trying to get across is that Harris's small thing, Trump is no think, in my view, in terms of the economy, what he's coming up with is, well, we can discuss.
But we can't think small anymore in this country.
Our entire fiscal operation is completely bankrupt on the long term.
If you look at off the book liabilities, on the book liabilities, to get it.
Together, we're bankrupt.
Okay, but that's largely due to massive spending by the federal government and borrowing from Social Security and Medicare
and getting that money out of there when he never should have touched it.
That's the old Al Gore lockbox thing.
All right, last word on this.
So you, as an economist, would feel comfortable voting for Vice President Harris because you don't believe that Trump has the answer to providing a fair economy.
Am I summing you up correctly?
I'm nervous about what he's going to do on foreign.
There's so many other issues.
There's foreign policy.
Is he going to basically put up?
All right, but for four years, it was pretty stable for four years.
I want you to read my book here on confronting the presidents because we just run down a line.
Very good discussion.
I'd like him to enunciate this so that I could be confident.
Yeah, but you know that's not going to happen.
But I don't know what he stands for.
His speech last week at the New York Economy Club came closest.
He's a libertarian.
Trump is a libertarian capitalist.
That's what he is.
And all this tariff stuff is to get better deals.
I know what he's doing.
And, you know, real wages went up in his four years.
But anyway, I appreciate you coming on.
It was very good discussion.
Thank you very much.
Professor, have a good semester up there.
Okay, Nikki Haley. So Nikki Haley is endorsed, has endorsed Donald Trump. She appears on Face the Nation with the moderator Margaret Brennan. This is CBS. Margaret Brennan is an ardent liberal, which is okay. I mean, I don't think you should do a litmus test on your ideology if you're skilled, your skill, but you need to know where Margaret Brennan is coming from. So as soon as Haley sits down in the interview seat, Brennan is hammering her about Donald Trump.
Obama Trump, Donald Trump, Donald Trump.
Here's Haley, go.
The substance is cutting taxes, making housing more affordable, immigration, national security.
That's the substance.
The style is, no, it is not helpful to talk about whether women have children or whether they don't.
It's not helpful to say any of those things that are personality-driven or anything else.
I think that's right.
You know, keep it on what you did, Donald Trump did in four years.
See, I'm not worried, like the professor's worried about foreign policy.
For four years, Donald Trump's foreign policy is pretty damn good.
Wasn't it?
Am I blind?
All right, so I'm not worried about that.
I know what he's doing with the tariffs.
He's saber-rattling and get better deals.
That's what he did the first time.
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new episodes of the Sean Spicer Show podcast drop at 2 p.m. East Coast every day. Make sure you
tune in. You can find us at Apple Podcasts, Spotify, or wherever you get your podcast.
All right. So anyway, Nikki Haley, back to her.
is not actively campaigning for Trump because Trump hasn't asked her to.
That's a mistake.
I don't particularly like the former governor of South Carolina.
She's imperious.
We tried to book her a few times on this program, and it wasn't no thanks.
It was like, oh, one of these.
No.
However, Nikki Haley could help Donald Trump with women.
So if I'm Trump, I put aside my personal feelings,
say, okay, you want to go out, and we select some places for you to go and you go.
Make sense?
Okay, let's go to that Georgia shooting.
So right after this horrible thing happened last Wednesday, September 4th, where a 14-year-old kid,
Colt Gray walks into Appalachie High School in Winter, Georgia, he murders, all right,
four people, two 14-year-old students and two teachers, wounds nine others.
Right after that, I said this, go.
But his father, I would charge his father.
You know, his father had the guns, can't, as 14 years old, by a gun.
And I think that states, all states, all 50 have got to start to pass laws about firearms and parents.
I mean, there's no other way to stop this.
federal government can't stop it, even though the Democrats will lie to you that they can.
Okay, so a few hours after I made that statement, and that was made on September 5th,
the Georgia authorities arrested, the father, okay?
I'm sure it was a coincidence, but they did the right thing.
His name is Colin Gray, 54 years old.
All right?
And he's been charged with two counts of second-degree murder, eight counts of cruelty to children.
So, I don't know this guy, and all I know is this.
If you have a weapon in your home, your children cannot have access to that weapon.
That's it.
And if you are derelict in that area, then you're responsible.
It would be like giving your kid a bottle of wine, forcing the kid to drink the wine,
giving them the keys to the car, and letting them drive out on the street.
You're responsible.
Now, in this society, it's always an excuse.
This is one way to really crack down on this stuff.
deadly weapon in the home, no access for children.
You've got to put it in a safe underground.
You got to, whatever you've got to do, you do it.
Right?
Isn't that reasonable?
Okay, Bernie Sanders, as I mentioned to the professors.
So Bernie Sanders, it's a lot more influence than you think he does.
he was the one that pushed President Biden so far to the left, and it didn't take much because
Biden has no principles at all, no core belief system, none. He's a cipher. Now, he differs
from Kamala Harris, Biden does, because Biden is a woman of the left. Always has been, all right?
And she'll do whatever she's told to do. She's not a thinker, a philosopher. She's not a hardcore,
for socialist like Sanders is.
I think Sanders a communist, but she had no problem with him.
So Sanders goes on, meet the press, NBC yesterday,
and is asked about Kamala's flip-flops.
Go.
So I think that there is something wrong personally,
when we are the only major country on earth,
not to guarantee health care to all of our people,
despite spending twice as much per count.
That is why I support Medicare for All.
She does not.
She has another approach toward moving toward universal health care.
Well, what approach is that?
Nobody knows.
And she did, as I mentioned, co-signed his Medicare for All
Bill, which would wipe out private health insurance companies.
Now, Sanders said, we are the only major company on earth
not to guarantee health court all over people.
That's a flat out lie.
So, there are about 195 countries that have some semblance of health for their citizens.
Some countries have none.
They're chaotic.
They don't have anything.
But 195 have some kind of a structure where if you don't have any money, they'll take care
of you.
It's not all socialized.
Only 73 out of the 195 have what they call it.
health care for all, government-run health care.
73.
And he goes,
we are the only
major country on earth not to guarantee
health care at all.
That is
an enormous
and the
meet the press moderator
nothing.
This is propaganda.
This is what they can get away with.
All right.
So after the debate tomorrow night, we have the 9-11 memorial on Wednesday.
On Thursday, Kamala Harris and Governor Walls go out on a tour.
Okay?
It's North Carolina, Pennsylvania, Michigan, Wisconsin, all the swing states.
The theme of the tour is a new way forward.
So my first question is, well, what was wrong with the Biden way forward?
Why do you need a new way?
You're the vice president of Biden.
Why don't we just continue his way?
Right?
Is that logical?
No.
We need a new way forward.
And now there's a big ad.
Go.
When the middle class is strong,
America is strong.
Lowering the cost of living will be a defining goal of my presidency.
I'll lower the cost of insulin and prescription drugs for everyone.
And I will work to pass the first ever federal ban on price
cowaging on food.
No.
You're not going to have a ban on price gouging.
It's unconstitutional.
You can't do that.
But that doesn't matter.
You can say whatever she wants to say.
All right.
And lowering the cost of living will be defining goal of my presidency.
Well, maybe that's good because under your administration, Ms. Vice President,
essentials have gone up 20%, as I said.
Maybe you want to lower them a little bit.
Now, that you can do by negotiation.
You can bring down the cost of prescription medicine.
and things like that by negotiating.
And as a professor of Boston University said,
having more competition, getting some of the regulation,
but she's not going to do that.
Harris wants the government to run everything.
That's who she is.
That's who Bernie Sanders is.
California in Newsom.
Now, this is one of the most irresponsible pieces of legislation I've ever seen.
So the California legislature in Sacramento
passed a bill that would allow first-time homebuyers up to $150,000 credit from the state
of California.
California would give them $150,000 to make a down payment on a house.
And it includes undocumented migrants.
Okay.
So right now, California is the debt is one.
debt is 1.6 trillion dollars. That's how much the state of California owes. One six.
The math on this would be it's impossible. Yet the legislature passed it. Newsom, the governor of the
state, vetoes it because he had to if he wants to continue to be taken seriously.
He says the annual state budget, we don't have the resources, whatever.
But the fact that California would pass something like this when it owes $1.6 trillion,
they don't care, they being the progressive politicians.
They want to bankrupt the state.
They want to bankrupt the country.
Because if it all goes under, then the government controls everything.
smart life hybrid dining i made this up this is me smart life because i'm always thinking about you
if you go out to decent restaurants it's crazy now entre's a 30 bucks easy appetizers high teens
you know you want to drink 12 dollars dessert 10 dollars insane so what i'm doing here at the o're
Riley household is I'm doing hybrid dining. I don't cook much, okay? I don't cook at all. I can put the
thing in a toaster, but that's about it. So I want a steak. I'll go out and I'll order the steak
from a restaurant. I don't order steak generally. I don't order fish or whatever. And then I'll
pick up the sides from the grocery store. The delis are too crazy now. So the grocery store,
so I want two sides with the fish that I'm ordering. Okay, fresh fish is good. I'll pay a premium
for it. And then I'll pick up dessert. So I pick up the fish. I call a restaurant, make me up with
fish of the day, whatever you got. And sometimes that comes with size, but a lot of times it does it.
So they put it in, they wrap it up, they cook it and all that, and then I got my sides
that I buy in a grocery store.
They take it home.
Harvard dying.
You will save a bloody fortune if you eat out two, three times a week by doing that.
Smart life.
Stay in history, September 9th, 1956, Elvis Presley makes the first of three appearances on the
Ed Sullivan Show, 68 years ago, today.
Hit it.
And now?
Don't be proud.
You know I can be found out of sitting home all alone.
Now it's a flip side of hound dog in a thousand times better song.
Don't be cruel.
So the reason I'm telling you this is that the Elvis Presley legacy continues to this day.
So just last month, a woman named Lisa Findlay, 53 years old, of Kimberline City, Missouri was arrested for mail fraud for trying to auction off Graceland Elvis Presley's mansion, okay, his property.
It was a big con, okay?
this woman was allegedly involved in. So they arrested her. Now there's Graceland. I've been there.
I went there with Dennis Miller. We kind of zoomed around, got a tour and all that. Now, the person in
charge of Graceland is Riley Keough, Elvis Presley's granddaughter and an actress. I don't know if you can
say actress anymore. I guess they're all actors now. There's Miss Keough. So apparently she is a very
bright and responsible person. But get this. Graceland takes in $10 million every year from tourists
go in there. And Elvis Presley's estate takes in $100 million a year. Okay, in music royalties,
movie rights and all of that. A hundred millions of dollars according to Forrest magazine.
So Elvis, still very relevant.
All right, we'll be back with my media assault coming up in the next few weeks.
All right, final thought of the day, as you know, consulting the president's, blah, blah, blah, right?
So I got to do media to bring this to the attention of everybody in the country.
We have an enormous first run out there.
We printed hundreds of thousands of books, so we want people to know about them.
So I do media.
So I did the Glenn Back Radio program today.
kicked it off with that.
This week I'll do Hannity, Clay and Buck, Mark Levine, Pierce Morgan, CNN invited me.
I was very pleased to see that.
PBS.
And then all the local people, because we have 300 radio stations.
They're kind enough to put me on.
W.A.B.C. is a flagship.
We'll be doing sit in the morning tomorrow on Tuesday for the launch.
So I'll be around.
But what's fun about this is I know.
never know what these guys are going to ask me. So we don't insult them by saying,
well, what are you going to talk about? We don't do that. I know the book. I wrote the book.
I know them. All 45 of them. Whatever you want to know, I'll tell you. And there are some
unbelievable pearls. And I'm sure I'll get mail, bill at bill o'Reilly.com, bill at bill o'Reilly.com,
about people who read things and want to comment on them. And I'll read those letters. But there
amazing pearls in this book. I was talking to a guy today who is reading it with his son,
and his son is in, I believe, middle school. And they were impressed by the fact that John
Quincy Adams swam naked in the Potomac every morning, which he did. And then we tell you why
he did and the repercussions of that. Couldn't do that today, but Quincy felt comfortable
doing it back then.
Anyway, we're going to have some interesting back and forth on the media stuff.
I will play some of that on Bill O'Reilly.com.
I'll have the clips and I'll play some of it if it heightens on the no-spin news.
So, busy, busy, busy week.
But that's okay.
I'm going to be looked at a little haggard by the end of it because I've got to do this almost
around the clock now.
I'm not whining.
something I want to do.
This is a really good book.
History of the United States,
George Washington, to Joe Biden.
Boom.
You read it, you'll know it.
Thanks for watching the No Spin News tonight.
We'll see you tomorrow.