Bill O’Reilly’s No Spin News and Analysis - The O'Reilly Update, January 5, 2026

Episode Date: January 5, 2026

Maduro in custody, Denmark says “stop it”, ISIS attacked, and a second amendment win. Plus, the Message of the Day, the mission to get Maduro and the price of Venezuelan oil. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill O'Reilly here. You are listening to the O'Reilly update. Coming up next, the news with Mike Slater. Thank you, Bill. Happy New Year. It is Monday, January 5th, 2026. Here's this happening today in America. Maduro in custody. Denmark tells us to stop it. ISIS attacked and Second Amendment win for California. It's all coming up. First, an incredible law enforcement operation, according to Marco Rubio. It vet his way that it captured Maduro and his wife from inside. there are military base, 150 American aircraft providing cover for our helicopters. Those aircraft, we now believe, struck surface-to-air missile systems, communications antennas, and at least two buildings that appeared to be storage depots.

The explosions of Venezuela first reported 2 a.m. local time on Saturday, first at a port, then at an airport. We have video now of a surface-to-air missile system next to a damaged airplane, and some have identified it as a Russian-supplied system. then explosions at the Capitol, five targets were struck, including another military airbase. Maduro is to appear in a federal court in Manhattan today. Four counts, narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices and conspiracy to possess machine guns and destructive devices.

As early as August, the CIA sent a small unit into Venezuela with the goal of providing extraordinary insight, end quote, into Maduro's movements. Maduro and his wife apparently tried to escape to a steel safe room, but didn't make it in time. President Trump said our forces trained for months in a replica of the presidential compound in Venezuela, sort of like we did with bin Laden's compound. And it turns out, our guys trained with massive blow torches, according to the president, in case they had to cut through steel walls in Maduro's safe room. In other Our Hemisphere news, Denmark's prime minister told President Trump to stop the threats

about taking over Greenland. This comes after Kate Miller, the wife of steel. Stephen Miller tweeted out a map of Greenland with an American flag on top of it. In other international news, British and French warplanes led a strike in Syria, taking out an underground facility where members of ISIS stored weapons and explosives. Syria joined the anti-IS coalition late last year. A federal appeals panel ruled that a California law that prohibits open carry of firearms in heavily populated counties is unconstitutional.

This ruling was issued by two judges on the three-judge panel. This is the Ninth Circuit Court of Appeals. The judges found that the state's policy of limiting open carry to counties with a population of less than 200,000 is inconsistent with the Second Amendment. There's nothing in the Second Amendment about only applying in rural areas. The law that the Ninth Circuit just said was unconstitutional banned open carry in urban areas, which is where 95% of the people of California live. We have a lot more incredible details about this law enforcement operation. Getting Maduro out of Venezuela will give you some more details coming up next. and then something you might not know, the value of Venezuela's oil.

It's next. I usually ask potential criminals to have a seat, but now I'm asking you to join me. Chris Hansen for my new series, have a seat with Chris Hansen. Guests each week are fascinating personalities who are grabbing headlines, making waves or changing our lives for the better. Have a seat with Chris Hansen available wherever you get your podcasts. I'm Mike Slater, Philner for Bill O'Rour.

Riley. Now it's time for the O'Reilly update message of the day. There's so much to say about this operation to bring Maduro to justice. Someone found a clip from 2019 of CNN and MSNBC people talking about, again, this is 2019, talking about how Trump allowing Maduro to stay in power is proof that Trump is Putin's puppet. Remember this was during all the Russia, Russia, Russia, Russia nonsense. And they also said that Trump likes Maduro because Trump gets along with thugs and strongmen around the world. Now what? Speaking of experts, the Financial Times said experts had warned that Venezuela's layered

air defense network could complicate U.S. air operations. Oh, yeah. Experts warned, we just blew up that air defense network and then the helicopters waltzed right in. So experts wrong yet again. The left's in a real funny place because they haven't coordinated yet as to why they think this was so terrible what Trump did in Venezuela? So they're throwing out everything to see what sticks.

You know, went back to, of course, the old standby, the old Code Pink standby from 2003. No war for oil. There's a lot of, this violates international law. International law is pointless and fake. Remember back in 2003, with all these United Nations strongly worded letters, international law has been written by our enemies around the world. and often enemies within our own government

to decrease American power on the world stage. International law has always been written to neuter America. It has made us weaker to the point where Iran, Russia, Hezbollah, and China were operating out of Venezuela to kill Americans, launching from our own hemisphere. And our president wasn't going to allow that to happen anymore. A lot of people on the left talking about, there's no legal justification.

Well, the legal justification for capturing Maduro is four. Four counts. Narco-terrorism conspiracy, cocaine importation conspiracy, possession of machine guns and destructive devices, and conspiracy to possess machine guns and destructive devices. The indictment says that Maduro imported thousands of tons of cocaine into the United States over a 25-year period. He's a narco-terrorist. This would be like capturing El Chapo, some other drug kingpin. And I'm glad that it was treated like that, and not like capturing Saddam Hussein. To capture Saddam and bring democracy to Iraq, it required one. It required one. 1.5 million American troops.

We were there for eight years. It took us nine months to find Saddam in that hole. We went to the U.N., we did the whole thing. We created a coalition of the willing, and 4,500 Americans died. Countless injured. Countless lives changed, ruined, to get Saddam Hussein. But this president, with the Fox News weekend host, Pete Hegeseth,

and Marco Rubio, And this incredible team that the president has created captured Maduro in a flawless military operation with zero casualties involving every branch of our military, launching from 20 different bases, 150 aircraft, taking Maduro from palace to prison in 24 hours. Well done to everyone in our military who was a part of this operation. And also, this is what leadership looks like.

we have forgotten what strong leadership can bring. Let us marvel at how fearsome we can be with the right vision, with the right leadership, and with American first principles. And to those who say this isn't America First, regaining control of our hemisphere to make sure that everything operating in it is in the best interest of our country, it's the definition of America first. We'll talk more about Venezuelan oil and how that can help America next. Mike Slater filling in for Bill O'Reilly. Now it's time for something you might not know. Venezuela has 300 billion barrels, billion barrels of crude oil in its reserves, more than any other country in the world. 20% of the world's total reserves are in Venezuela. At today's price of $60 a barrel, that's a value of $18 trillion. $18 trillion is almost the entire GDP of China. he has the third highest GDP at 5 trillion. And the value of the oil reserves of Venezuela is 18 trillion. It's also half of our U.S. debt. Maybe we could use this oil to pay off our debt.

This has been a pet point of mind for a long time. This is our oil that communists confiscated from America. J.D. Vance made this point. He said, I see a lot of criticism about oil. About 20 years ago, Venezuela expropriated American oil property. And until recently, use that stolen property to get rich and fund their narco-terrorist activities. I understand the anxiety over the use of military force, but are we just supposed to allow a communist to steal our stuff in our hemisphere and do nothing? Great powers don't act like that. This is our oil.

We discovered oil in the Middle East and Venezuela. We came up with the technology, the engineering, the infrastructure, the manpower. We did every possible thing related to oil in the world. And then 40 years after we did all that, these countries decided just to take it from us. and nationalize our oil interest, and we just let them. That's always been crazy to me. Oil in Venezuela was discovered first by Shell Company, which is a British Dutch company, and then Standard Oil, which is Exxon and Canoco and Chevron.

Exxon's from Ohio. Conoco is from Utah, and Phillips is from Oklahoma. None of these are Venezuelan oil companies, and we just let Venezuela take them all over in 1976 because Venezuela said there are ours now. 21 private companies, private oil companies, were kicked out of Venezuela. Now you may remember back in 2016, Trump was asked about the Iraq war and he said we should have taken the oil by George W. Bush, he didn't want, he didn't want to look bad. The Code Pink activists won. The no war for oil people won. So we didn't use all that oil. That was at our fingertips. And now we will. Trump said, quote, we're going to have our

very large United States oil companies, the biggest anywhere in the world, go in, spend billions of dollars, fix the badly broken infrastructure, and start making money for our country. Of course we should. As one Venezuelan fella said, to those who say that the United States is only interested in oil, I ask those people, what do you think the Russians and the Chinese wanted? The recipe for tacos? More coming up. I'm Mike Slater.

I have a podcast called Politics by Faith. Please join us over there every day. Bill O'Reilly will be back tomorrow. Spread the word.