Bill O’Reilly’s No Spin News and Analysis - No Spin News - Weekend Edition - October 21, 2023
Episode Date: October 21, 2023Listen to this week's No Spin News interview with Hugo Gurdon, Washington Examiner editor-in-chief, NewsNation anchor Leland Vittert, and Col. David Hunt. We also visit the No Spin News archives and B...ill's conversation with Brian Riedl, a senior fellow in budget, tax, & economic policy at the Manhattan Institute. Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript
Discussion (0)
Welcome to the NoSpin News Weekend Edition.
So anyway, this war, I'm not speculating about it.
I don't know what's going to happen next, but I do know it's going to have a pound effect on the media and on our culture.
It's already happening.
So let's bring in the guys following this as well.
Hugo Gerdon is the editor-in-chief at the Washington Examiner.
He joins us now from D.C.
Cancel culture, I wrote a message of today on Bill O'Reilly.com.
Now, that was invented by the far left to destroy opposition, put allegations on people we don't like, try to get them off the board.
Now, cancel culture is changing and going after the far left.
Pretty ironic, isn't it?
It is ironic, but the invasion by Hamas and the extraordinary atrocities.
that they have just been, has really shaking things up.
And it's made it a very difficult situation for the left to deal with
because the left has for decades now increasingly been opposed to Israel
and has supports Hamas.
And frankly, as you've seen from the demonstrations out in the streets
in our own country as well as all over the world,
the supporters are the opponents of Israel, support Hamas and all their deeds.
They go out and they say that the deeds are justified.
They include in this the rape and murder of women and children and the appalling atrocities that are being reported.
So this has thrown the left into very considerable confusion.
And I'm not surprised that executives at news organizations have decided that they can't have people on who are radically supportive of this kind of atrocity.
Were you surprised at Harvard and other higher education places were so radicalized that they would almost immediately sign on with Hamas?
Did that surprise you at all?
Oh, I wish I could say I was surprised.
It comes into that very large and growing category of things which are shocking but not surprising.
It really can't be surprised that the Harvard students and frankly students at universities all over the country,
both undergraduates and graduates who are increasingly militant, increasingly radical,
ideologically hidebound to the left, they're absolutely in lockstep.
It's not a surprise that they would come out and start, you know, making justifications
and, you know, blaming Israel, as you cite the Harvard organizations, 31 different student
organizations. They said that Israel was entirely responsible for the violence that
was perpetrated against it.
And this is something that the left does, Bill.
I mean, in all sorts of policy areas and cultural areas,
they basically blame the victims.
It's rather like the way that they blame the victims of crime,
and they excuse the perpetrators.
It's exactly what they're doing in international and in domestic affairs.
In the philosophical quarter,
the far left is always considered Israel a fascist state.
and I gave the history, as you heard, leading up to that.
I'm not quite sure why that has become such a pet issue for the far left.
I mean, surely they understand the Holocaust, the displacement after World War II,
all the horror that the Jewish people have endured for centuries.
Surely they understand that, all right, and that the Holy Land is divided among three groups.
And this was really the only solution.
here to save the Jews that weren't killed during World War II.
If you have any sense of historical perspective, you've got to understand that.
So why would the far left then brand it a fascist country?
You're completely right.
There is no sense of historical perspective.
If you understand the history, you know why that Israel exists,
and the Jews have been there actually for 4,000 years and more.
So, but everything on the left these days is seen through the
lens of these subjects that we've all heard about more and more over the past two, three
decades, that is race, class and gender. And these matters are, in Israel is looked in that way.
The left turns everything upside down, as I was saying, in their intersectionality,
the more you are, essentially it makes excuses for failure. Socialism has always been about,
and radical egalitarianism has always been about equalizing success and failure.
and people who fail, people who can't look off themselves, etc., are given government money, et cetera.
The radical egalitarianism in reducing the difference between failure and success
has also reduced the difference between right and wrong,
and ultimately now it is eliminating the difference between good and evil.
The problem for the Jews is that they are successful.
They run a successful liberal democracy,
where people can thrive and can be happy
and they can accumulate wealth and be successful.
In the left's kind of matrix of understanding almost anything,
the people who are successful are oppressors.
We see that in this country too.
The people who are unsuccessful can't govern themselves,
misbehave, commit crime, or in the international sphere,
you know, are tyrannical, dictatorial, murderous,
etc. They are categorized as the oppressed. So there's an extraordinary thing, given the history,
given the fact that six million Jews were murdered because of who they were, because of who they
were racially in the Second World War. Jews are now almost honorary white supremacists.
It's unbelievable. It really is unbelievable. And last question for you, socially in America,
and I'm generalizing, most Jews,
are very liberal people.
Yes.
And their voting patterns are that way.
Okay?
Right.
Do you think that's going to change now?
You know, it absolutely should,
and I suspect that to some extent it will.
Sadly, for me, I wrote probably 20 years ago
that it was going to change.
How could the Jews possibly continue
to support the Democratic Party
as it pulled further and further away from Israel,
undermined its support,
and supported these organizations.
organizations like Hamas and Hezbollah.
Unfortunately, the dramatic change that I thought was going to take place then did not take place.
There has been some easing.
I think that this latest episode, which the Jews think of as their 9-11, they're now referred to 10-7 as being their 9-11, it is going to change some voting patterns, but I fear it won't change it as dramatically as we would hope.
And that will be partly because the left, the Democrats in particular, are very good of sort of demagoguing an issue and painting the right as some racist and fascists and all the other ghastly things.
Mr. Gordon, we really appreciate it. Washington Examiner. You guys should check it out. And I hope we can talk again soon. Thank you very much.
You're listening to the No Spino News Weekend Edition.
Let's face it, the U.S. economy is under stress.
national debt rising, trade war, shaking the markets.
And meanwhile, China is dumping the dollar and stockpiling gold.
That's why I protected my savings with physical gold and silver through the only dealer I trust, American Hartford Gold.
And you can do this.
Get precious metals delivered to your door or place in a tax advantage, gold IRA.
They'll even help you roll over your existing IRA.
A or 401k, tax and penalty-free.
With billions and precious medals delivered thousands of five-star reviews and an A-plus from
the Better Business Bureau, you can trust American Hartford Gold as I do.
Please call 866-326-55-7576 or text bill to 99-8899.
Again, that's 866-326-5-7576 or text bill.
to 998899.
Hey, I'm Caitlin Becker, the host of the New York Postcast,
and I've got exactly what you need to start your weekdays.
Every morning I'll bring you the stories that matter,
plus the news people actually talk about,
the juicy details in the worlds of politics,
business, pop culture, and everything in between.
It's what you want from the New York Post
wrapped up in one snappy show.
Ask your smart speaker to play the NY Postcast podcast.
Listen and subscribe on Amazon Music, Apple Podcast, Spotify,
or wherever you get your podcasts.
Now I want to bring in a guy who's covered this thing
in a very personal way.
You may remember from Fox News.
Leland Vittert worked for us at Fox.
I say us, because I was there for more than 20 years,
from 2010 to 21.
He was based in Jerusalem.
I used Leland a number at times
because he's an honest reporter and he's a gutsy guy.
And you know, when you're living over there,
you're in danger.
And he was over there 10 years.
He now does on balance with Leland Vitterd on News Nation 7 p.m. Eastern Time.
So the problem here is that if you are a ground reporter,
you have to go with the Israeli defense forces to do anything.
Is that correct?
Inside Gaza, right?
The Israelis so far, they have not, in their words, invaded yet.
So if you go into Gaza, you are.
a subject of Hamas and anything that Hamas says you sort of have to take at face value and
you have to report. Otherwise, there's some other things Hamas can do to you to make sure that
you report what they want you to report. Inside Israel, you really have a lot of freedom of movement.
And I would say, at least from my experience, inside Israel, the IDF was extraordinarily honest
and transparent in my experiences dealing with them. And what they said was what happened. And
And there were times that things that they did were not good, and we reported on that.
And they were as forthright about it, I think, as you could expect anyone to be.
I think, Bill, what you make a very good point is, is that from 2010 to 2011, 2012, I used to go into Gaza,
and you had freedom of movement.
You could tell stories.
You could talk about things there.
We're careful not to really upset Hamas.
But ISIS was the turning point.
And now, as we look at covering Hamas, you really have to look at it almost.
just like the same way you looked at covering ISIS because their tactics have now morphed into that
and the way that they deal with information coming out, the way they deal with their own people
is much more similar to ISIS than anything we thought. It's a savage thing. No Western reporter
is safe in Gaza at this point in history. But I'm happy to hear you say that the Israelis were
fair and allowed you to criticize. I'm not sure that's a case.
now under Netanyahu, who is more dictatorial than some of the other leaders, recent leaders of
Israel, they, for example, I don't know if the Israeli forces want Americans to see dead
Palestinian children. I don't think they're going to let you shoot that, but I could be wrong.
they're going to allow in beds when there is a ground invasion going all the way in.
It's a whole different thing.
I think the point, yeah, it's a whole different thing.
I think the point, though, has to be made.
I think you made a very good point, which is about being a fair reporter.
And there's somehow this conflation going on right now in the media between
Palestinian civilian casualties and Israeli civilian casualties, as if they're the same thing.
And there's a very big difference.
And I saw this on the ground, and I know this from my time with the Israeli military.
There's an enormous difference between a terrorist organization or a quasi-paramilitary organization of Halasas
that targets civilians and kills them and slaughters them.
And an army that is trying to protect its own country that launches attacks against that paramilitary organization.
And the paramilitary organization uses civilians as human shield.
There isn't really a moral equivalency there.
And I think it's one that any time you report on the number of casualties back and forth,
you've got to point that out.
Sure.
And there is a substantial difference.
The problem, Leland, and we discussed this on your program, I was on Leland's program last night on News Nation.
The problem is that the media and the people that are in charge of the individual programs
have no frame of reference about the area.
at all. They don't know anything. They don't know what happened in 1948. They don't know
what happened to the Palestinian Authority. They don't know who Hamas is. They don't know the
pressure that Hamas puts upon a civilian population that you just laid out. And they're not
real interested in that. It's too complicated. So therefore, these idiots at Harvard and other
colleges, these students who know nothing, they just are ripe for propaganda that, you know,
Israel's a fascist state, it wants to go out and, uh, and persecute innocent women and children
in Palestine. All that garbage. So look, all you got to do is back to the United States
dropping the atomic bombs on Hiroshima Nagasaki and knocking out Dresden. Yeah, equivalency.
Will we wrong in doing that? Of course not. Of course not. It's the same thing with Israel and Hamas. The same thing, you have to defend yourself. And now they have to wipe out Hamas. So here's my next question. Do you, based on your expertise in the area, believe that Hamas can be wiped out in the small area of Gaza? Is that possible?
It is possible. Taking Hamas out would be like trying to kill a colony of cockroaches, right?
It's messy. It's very difficult. If you could just level Gaza and not care about anything else.
Yeah, it's possible. I don't think the Israelis are going to kill two million plus people.
Hamas has enormous popular support inside of Gaza. It is as much of political movement as it is a military.
Why is that? Leland, Leland, you just said something very important.
Yeah.
Amos has popular support inside Gaza.
They're terrorists, they're cutthroats.
Everybody knows that there.
Why are they popular?
They're the only ones who can provide anything,
and they're good propaganda.
They've gotten a lot of help from Iran.
They're the ones who say,
we're fighting against the people
who are you, that being the Israelis.
that the local Palestinians don't have a free press to read.
They can't sit there and learn.
The entire Arab world is united against Israel
and united that the responsibility of the Palestinians
lies solely with Israel, never mind.
Then from Morocco to Indonesia,
they don't want to do squat for the Palestinians.
That's not reported on Arab media.
But you said something earlier, Bill,
I want to take a little bit of an issue with.
You said that the American media doesn't know the difference.
The host on MSNBC and CNN and NBC News and ABC News,
they know the differences about what I'm talking about.
The reporters on the ground certainly do.
I think it's not that they don't know the difference.
It's that there is a concerted effort to demonize Israel
because it's done so for political reasons.
And I think on other people,
and other individual reporters and anchors' basis,
there's a hint of anti-Semitism.
Because when I was over there,
I would see people who knew the difference,
and I won't name names, but reporters and anchors who knew the differences, who knew the history,
who didn't report the fairness and the context that you and I have talked about being so important,
clearly because they had an agenda.
And that's very different.
And that's why I think what you talked about in terms of calling out what's happened in Israel,
talking about it honestly is so important.
Okay.
Two things that I've learned in the last 24 hours.
CNN has made a deal with the Israeli defense forces.
So the coverage on CNN is going to be pro-Israel.
MSNBC was told by the Anti-Defamation League,
you better not do the moral equivalency thing,
or we're going to launch a boycott against NBC News,
we, the ADL.
They were told that.
So, therefore, over the weekend, MSNBC pulled three of their radical left pundits
off the air in response to the threat.
So you're right.
The agendas, but the agendas are shifting now.
CNN is going to be a cheerleader for Israel.
You wait and see.
I think it'll be interesting to see what CNN's coverage looks like.
And I don't know, I guess maybe they're on the crime reports.
I don't know about the deal that they become it, maybe to be.
You're not going to see any prime time hosts on CNN, do anything favorable to Hamas or Iran.
You're not.
It's not going to happen.
Anyway, last question.
Go ahead.
The question is, okay, go ahead.
No, no, I just don't know how you can do anything favorable to Iran and Hamas right now.
No, because you and I are rational people.
Yeah.
You and I know we've been there, you much more than me, but we know, you know, I wrote an old book on this, you know, the most well-researched book on terrorism in the world, killing the killers.
And we know the evil that comes out of Tehran.
There's no two sides to the story.
They're evil.
They want to kill Jews.
That's what they want.
They say it.
So anyway, last question for you.
This has reversed the cancel culture, as we spoke about last night.
Okay?
So the cancer culture was used by the progressive left.
They invented it about 10 years ago to destroy the progressive opposition.
And it's worked.
Now, the people who are sticking up for Hamas are in danger of being canceled themselves.
It's turning.
Isn't that interesting?
It is very interesting, I think it will be most interesting to see if the media that was complicit in creating cancel culture and fueling it and empowering it, because that went from social media to national media, right?
If that same media allows the turn to happen, or if all of a sudden we get this, wait, wait, wait, wait, just because somebody shows up at a Hamas rally, just because they rip down posters of,
Moss hostages, just because a professor at Columbia calls the attack on Israeli civilians
awesome, well, they shouldn't be canceled because now all of a sudden free speech will
become a thing.
I think you're right that it's turning.
The question is, does the same standard apply what's good for the goose is good for the gander?
And I think that's going to turn to it.
I don't know about any goose's, but I guess that's geese, right?
But we'll keep an eye on the media.
Leland Vedder, News Nation.
Appreciate it, Leland.
We'll talk soon.
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.
Hey, it's Sean Spicer from the Sean Spicer Show podcast, reminding you to tune into my show
every day to get your daily dose inside the world of politics. President Trump and his team are
shaking up Washington like never before, and we're here to cover it from all size, especially
on the topics the mainstream media won't. So if you're a political junkie on a late lunch
or getting ready for the drive home, 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. This is the No Spin News Weekend Edition.
Okay, let's bring in a guy
who follows a military aspect of this
because that's what's coming next.
Colonel David Hunt, you know him.
You use them all the time on a factor.
It comes to us from Maine.
You want to look up David Hunt.
He's got all kinds of medals and honors,
very brave man, Vietnam War, all of that.
So my first question is, to you,
I'm right about Iran.
They don't have any capacity to attack Israel, correct?
Yeah, I mean, they attack Israel through proxies like Amos and Hezbollah.
Iran is very weak.
They're a problem.
They're probably the center of the universe, the Middle East, partly because of what we did in Iraq.
But no, they're not attacking Israel directly.
They're attacking Israel right now with Amos, and we'll see if Hezbollah comes from the north,
or terrorist groups come out of the West Bank.
Okay. So it's the same scenario that it's always been. You mentioned Iraq.
Right before airtime, there are a couple of drones launched by terrorists toward our airbase
in Western Iraq where there are U.S. Special Forces based. We took care of the drones. They didn't get
through. But I don't think many Americans know that we have forces still in Iraq that police,
East Syria and the surrounding terror hotspots, correct?
We've got 2,500 soldiers out of the 10th Mountain Division.
They're going to be there for nine months.
They're in Kuwait, Syria, and Iraq, mostly doing guard missions and some patrolmen.
But that 2,500 manned force has been going on rotating every 10 months for a couple of years now.
So, yeah, we've got forces there.
And you need them there because the remnants of ISIS and al-Qaeda, and they're still floating around.
We also have military in Turkey, correct?
Absolutely.
Huge, huge base, insoluc, huge Air Force base.
Yep, we do.
But that's problematic because of the USA had to get involved with Iran or another Muslim nation.
I don't know if Turkey's going to be down with that and let us use that base to attack people.
They didn't in Iraq, as you know.
They wouldn't do it in the 20 years were in Iraq.
or to Afghanistan.
So my bet is yet no, they won't let us do it.
Okay, so why are we there?
Why are we have all this big base in a Turkey?
What do we accomplish by doing that?
Well, it gets us closer to attacking some of our enemies.
We have influence there, but the Turks are, as you know, duplicitous, and cannot be kind of on fully.
Yeah, then NATO members.
There's a great question as to, we could, there's a good argument.
argument we made to pull him. No question. Okay. But there's a lot of CIA there on that base.
There's a lot of Intel. Do you have any idea why the Israeli and American Intel was taken by surprise by the Hamas attack?
No. There's no good explanation for 40 separate crossing sites.
developed by Hamas.
There's, there's, there's, there's, they captured Israeli military bases.
The number of hostages is at least 200.
Besides the women and kids, they took Israeli generals.
This, this was a complete disaster from, from, uh,
the Israeli standpoint, uh, as worse than they, the mistake made in the 73 war
when they missed the Syrian and Egyptian tanks mass on their border.
There's no explanation.
And we get most of our intelligence from that area from Israel.
But this was a complete failure and it has to be addressed because that's the same intelligence community
that's going to be used on the attack in the Gaza.
Unless you can figure out why and how you miss this, you've got a disaster in the hands going into Gaza.
Yeah, I mean, I'm surprised the CIA missed it because they have a big presence in Tel Aviv at the
American. Well, the American embassy has been moved to Jerusalem, and they have a presence
in Jerusalem, but they also have big presence in Tel Aviv, and they work very closely with the
Israeli intelligence. They both missed it, and that sends a real chilling message as far as
our self-protection is concerned. They're going to miss that. What else are they missing, you know?
They missed the Taliban coming north to south when we did that disaster pullout. That was a huge
intelligence failure and nobody paid for it.
When this question is getting asked the last 10 days,
the Israelis and Americans want to pat you on the head and say,
don't worry about that now, let's go fight this war.
Well, no, you've got to get the answer.
You have to get the answer.
Okay.
Because that's the community that failed depending on.
Final question, the aircraft carriers.
We've got the USS Ford already in the Mediterranean.
Iranian, another big carrier coming in.
And this is basically to send a message that, you know, we're going to protect U.S. interests
and we can bomb the hell out of you from the sea.
This again sends a message to Iran.
You better not mess around.
Or is there more to it than that?
That's primary mission.
Also, they've got phenomenal intel on both those aircraft carrier battle groups.
They'll put Marines on there if there's going to have to be another evacuation, a large evacuation of U.S., and the threat, and they'll supply intelligence and logistical support as we're doing right now to Israel for as long as it takes.
The main one is a political statement, military statement, just like you said, Iran do not screw around, keep Hezbollah and Lebanon and keep control of the units you have in the West Bank.
because that won't, we won't stand for that.
And those missiles on those carriers, they're capable of reaching Hezbollah and all that stuff.
They can just launch right out of there, right?
Absolutely.
And we've got, you know, submarines, et cetera, that can reach around.
There's no issue about us being able to reach out.
But they stick those.
That's, as you know, that's a lot of ships surrounding an aircraft carrier.
It's a big presence in the Mediterranean.
I hope you're following the best news.
presentation in the country, which, of course, is me. And I've been setting up this controversy
between a Wall Street Journal, which flat out says Iran was behind the Hamas attack, and CNN,
which says it was not. Do you have an opinion on it?
100% that Iran has been rolled back continuously held plan this, finance this, help train up
There's probably two years we're at the planning and rehearsal to get her to do what Hamas did.
There's no question about it.
The only reason I can think that we don't want to admit to this is we don't want to deal with Iran and the middle of doing Ukraine and helping Israel.
Because there's no other reason is Israel says guaranteed they do.
I don't, I don't care about it.
But the U.S. keeps waftling on this, and it's a problem.
All right.
Colonel David Hunt coming on us from Maine. We appreciate it as always. Stay well up there. We'll talk again soon. I hope. Thank you.
Here's the gem from the no-spin News Vault. So inflation is killing the Biden administration.
So I asked myself, find me a guy who could explain why inflation is up in 16 months, about 9% over Trump.
And we came up with a man named Brian Riedel, who's a senior fellow at the Manhattan Institute.
He's an expert on budget tax and economic policy.
He joins us now from Mount Vernon, Virginia, where George Washington lived.
All right, Brian, even you have to explain this, so even I understand it.
16 months, 1.4 to about 10.
Why?
Well, we're taught in school the basics that inflation is caused by,
too much money chasing too few goods. And what happened was primarily during the pandemic,
the Federal Reserve poured in $4.8 trillion into the economy. 4.8 trillion. Where did a lot of that
end up? Mostly in the stimulus bills. We had the CARES Act. We had even worse, the American Rescue
Plan of $1.9 trillion that handed out trillions of dollars in new benefits.
What ended up happening, of course, was they did this at the very time when supply was constrained.
So you have businesses producing less because the pandemic, their workers aren't there.
We're importing less from China because they're shut down over there, but yet we're giving people trillions of dollars with no place to spend it.
So when you have all these trillions of dollars, $4.8 trillion in new cash, but businesses,
is not able to produce $4.8 trillion worth of goods and services, what you're going to get is
shortages, price hikes, and inflation. And the Biden administration is pouring it on. The American
Rescue Plan last year was $1.9 trillion. They were warned at the time that that was going to drive up
inflation. You also have tariffs. You have expensive new regulations coming out of Washington that are
all piling on and making it
worse. Now, you had
the same situation under Trump,
though. Trump
okayed a lot of payments to people
and the
supply would totally shut
down in the USA in April
of 2020. Everything
stopped, but Trump kept
inflation at 1-4.
How come?
The reason, yeah, but a couple
things happened. First, the money
the Federal Reserve poured into the economy,
it took a while for people to spend it.
The first month that all the rebates came out,
the savings rates in America went from 8% to 32%.
So at first, a lot of it was just kind of sitting in bank accounts.
Also, a part of the reason it's worse now is at that point,
the economy was really dipping,
and it could actually use a little bit new spending.
The thing that made the American Rescue Plan a year ago so dangerous
is that the economy was actually recovering.
At the time of the American Rescue Plan, we were told the economy was producing $400 billion less than its capacity.
It had closed the gap to $400 billion.
So what did lawmakers do?
They shot a $1.9 trillion bazooka at a $400 billion gap in the economy.
So they flood the market with money so people have more money to spend and then higher prices can happen because they're willing to spend.
But you didn't say anything about the attack on the oil industry by Biden.
So as soon as he did that, the first day he was in office, the oil futures market, which dictates what we all pay at the pump, overseas all over the world, goes, whoa, the United States going to cut down their oil industry, and they'll have to buy more oil in order to cover the less oil being harvested.
so we're going to raise the prices of a barrel of oil.
How much did that impact inflation?
That significantly impacted inflation.
In fact, gas prices are up 44% in the past year,
and there's really no sign of them dropping.
Now, a little bit of that is because people used to be driving less during the pandemic.
But even compared to before the pandemic, oil prices have gone through the roof.
Gas prices are up 44%.
And it's in part because, as you say,
they're not giving permits to people and the companies
They're not harvesting oil.
It's much harder to harvest oil now than it was under Trump.
Okay.
Do you believe that Joe Biden has any clue about economics at all?
There's not much sign.
He has made so many gaffes on economic policy.
If the fact checkers were paying attention,
a year ago, he promised that his economic plan
would create 19 million jobs, even though there were only 7 million people projected to be
unemployed. The fact checkers who were actually paying attention went to town. He has made gaff
after gaff after gaff on economics. And on inflation, all he's really talking about is corporate greed
causing inflation, which his own economic advisors dismissed. Don't forget Putin. The Putin price rise.
The Putin did it. Somehow Putin managed to cause inflation that began a year before the
or in the brain.
So there's a time machine, apparently, in Washington.
Okay, so you would agree with me that Biden just doesn't have any clue on economics,
doesn't know that macroeconomics from a microeconomics, inflation, from deflation,
he doesn't know.
But you would assume that his advisors would know, right?
His advisors, in fact, his head of the Council of Economic Advisors is one of my former professors.
She's a very smart woman, Cecilia Rouse.
And what I have heard about White House deliberations is that the economists in the White House understand that what the president is saying is not true.
They understand the greed narrative is not true, but they've been overruled by the political advisors in the White House because the polling shows that people want to blame corporate greed for inflation, as if corporations haven't always been greedy.
Corporations were greedy when inflation was low their greed, no.
All right. Now, I think this is the end of the Biden administration, just like the Carter administration blew up, because Jimmy Carter didn't know anything about economics. I think the same thing is in play with Joe Biden. Last word, you think I'll be proved correct?
I think if inflation is not solved, there is very little chance he can survive this. And unfortunately for him, even if inflation does drop, real wages are dropping, and people aren't going to get that back in the next year or two.
And they have no clue to solve the inflation.
Raising interest rates will just strangle the economy into a recession.
The Fed knows that.
So what a mess.
Hey, Brian, we really appreciate your time.
Thanks for, and I did understand everything you said.
It was great.
I really appreciate that.
Thanks.
We'll talk again, I hope.
Thank you.
Thank you for listening to the NoSpin News Weekend Edition.
To watch the full episodes of the NoSpin News,
visit Bill O'Reilly.com and sign up to become a premium or concierge member.
That's Bill O'Reilly.com.