Bill O’Reilly’s No Spin News and Analysis - The O'Reilly Update, July 14, 2022

Episode Date: July 14, 2022

Mike Slater of 760 AM in San Diego fills in for Bill O'Reilly! Learn more about your ad choices. Visit megaphone.fm/adchoices...

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Starting point is 00:00:00 Hey, this is Mike Slater in San Diego, filling in for the great Bill O'Reilly. It's Thursday, July 14th, 2022. You're listening to the O'Reilly update. Here's what's happening today in America. Inflation reaches another record high. Fentanyl kills more people in San Francisco than COVID. A massive migrant caravan heads towards the border. And the number of workers testing positive for drugs hits a 20-year high.
Starting point is 00:00:29 also coming up the message of the day. But first, the inflation rate jumping 9.1% compared to last year. That's the biggest increase in over 40 years since 1981. The June data driven by a hike in gasoline prices which were up nearly 60% over the last 12 months. The national average topped $5 a gallon across the country.
Starting point is 00:00:47 It's almost seven where I live in California. Electricity and natural gas prices also rose by 15% and 40%. Economists believe the U.S. will be in a full-blown recession by Thanksgiving. New data from the CDC revealing fentanyl kills more people in San Francisco
Starting point is 00:01:05 than COVID. The study confirms 800 overdose deaths in the Bay Area last year compared to 700 who died from COVID. This dangerous narcotic is a hundred times more powerful than heroin.
Starting point is 00:01:18 Just the size of a grain of rice can kill you. Border agents have confiscated 350 million lethal doses of fentanyol since January. That's enough drugs to kill every single person in America.
Starting point is 00:01:33 A massive caravan of Central American migrants making their way towards the U.S. again. But this group of 6,000 people slowly marching north from Guatemala and southern Mexico, the 1,300 mile journey considered one of the most dangerous tracks on Earth. The Mexican president met with Joe Biden this week, according to Border Patrol, at least 250,000 migrants illegally entered the USA each. month. Joe Biden loves it. Until these Hispanics start voting for Republicans, and then Joe Biden and Nancy Pelosi will be mixing the mortar to build a wall themselves.
Starting point is 00:02:09 The percentage of American employees testing positive for narcotics hitting the highest level in two decades. Four percent of workers failed a mandatory drug test last year. That figures up 50 percent compared to 2019. Many companies no longer even screened for substances like marijuana because marijuana could be consumed legally in 18 states. drug and alcohol abuse is responsible for 65% of all workplace injuries it's hard enough to find an employee won't steal from you now you got to find someone who will show up and show up not high the message of the day why is inflation 9.1% oh it's very simple the surprising thing is not that we have inflation of 9% it's that we have people at the fed and in dc who act like they
Starting point is 00:02:51 didn't see this coming that's coming up next then we'll talk about the web telescope and the galaxies of the universe. It's all coming up. Moments away. 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. Thoreau, 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 or 401K, tax and penalty free. With billions in precious metals delivered thousands of five-star reviews and an A-plus from
Starting point is 00:03:43 the Better Business Bureau, you can trust American Hartford Gold as I do. please call 866, 326, 5576, or text Bill to 998899. Again, that's 866, 326-5576, or text bill to 998899. Hey, it's Mike Slater, Philner for Bill O'Reilly. Now it's time for the O'Reilly update message of the day. The federal government has spent more money during COVID than we spent in the entirety of World War two. There's obviously going to be some financial consequences to that, but in totally unrelated news, the inflation rate this last month, 9.1%. If someone ever asks you why this is happening,
Starting point is 00:04:31 tell them that the Congress spent and the Federal Reserve printed a ton of money because they unnecessarily shut down the entire economy because of COVID. That's why. Now, Biden's team, of course, have already used every excuse in the book. They said it was transitory at first, temporary, that's all. Then it's because of the greedy corporations. Then the next month, it was because of supply chain bottlenecks. And then the next month, it was Putin's price hike.
Starting point is 00:04:59 And the latest excuse, Biden said the numbers are outdated. Oh, you got it all wrong. Those numbers are old numbers. Things are actually great. Not sure what they're going to say next month when the numbers are even worse. So you've got to blame Congress for spending all the money and the Federal Reserve for printing all the money. a little perspective in today's dollars all of world war two cost four point seven trillion dollars
Starting point is 00:05:21 today's dollars four point seven trillion so far government spending because of covid the cares act the american rescue plan not four point seven trillion but five point two trillion we've spent more on covid than we did world war two we've spent more on covid than we spent on all the wars that we fought since 2001 combined but that's not everything that's just congress you got the fed on top of that 5.2 trillion in spending, then 4.5 trillion of quantitative easing, then 3 trillion for infrastructure, because we've got to build back better, right? That's all printed money. You don't print it now. You just press a few buttons on a computer screen, add some zeros. So that adds up to $13 trillion. That's more than the 13 most expensive wars we've ever waged
Starting point is 00:06:04 in American history. We have to pay the consequences of this. The chickens must come home to roost. There's no way you can do this. You can print all this money. and spend all this money and not have it come back and crush you. What goes up must come down. There are laws of gravity, and the blame squarely falls on the clowns at the Fed and in D.C. Who thought that they could do all these things and just wish it away? And you know what they call it now? They call it modern monetary theory.
Starting point is 00:06:30 This idea that we can just spend money and go in debt forever and print more money forever and ever, and it's no big deal. They call it modern monetary theory. And they use it now to justify even more spending and more printing for things like the Green New Deal. And they gave it a fancy new name, modern monetary theory. And it's a pile of crap like modern art. And the same people who got us into this mess were supposed to trust to get us out of it. There's no chance. Janet Yellen, she was the chair of the Fed. Now she's the Treasury Secretary. No one ever criticizes her because she's 75 and she looks like your grandma who wants to
Starting point is 00:07:02 make you apple pie. I won't let you leave until you eat something already. You're skin and bones. So we never criticize her, even though she's wrong about everything. She said we need to implement this new modern monetary theory for climate change. Well, how much will that cost? She said it could cost $150 trillion. Okay? So we have all this inflation we see now. We haven't even seen the worst of it because we spent and printed $13 trillion.
Starting point is 00:07:28 And now she says we need to spend $150 trillion to save the planet. These people cannot be trusted. But also know they have bigger goals, the Federal Reserve, the UN, the World Economic Forum. They have a very different worldview than you and I and Bill. And if you have to pay a little more or even have the economy crash entirely to implement their utopian vision, well, sometimes you've got to crack some eggs to make an omelette. The globalists don't even think anything is wrong, and they think this is great. They love high gas prices.
Starting point is 00:07:56 Never let a crisis go to waste, even if they're the ones who made the crisis. The O'Reilly Update will return with something you might not know. 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 sides, 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.
Starting point is 00:08:34 Make sure you tune in. You can find us at Apple Podcast, Spotify, or wherever you get your podcast. Hey, it's Mike Slater and San Diego Philaner for Bill O'Reilly. Now it's time for something you might not know. Have you seen the pictures from the web telescope? This telescope out there orbiting the sun right now, $10 billion, 30 years in the works,
Starting point is 00:08:51 and we now have pictures of space that no human has ever seen before. It's good to be in awe of the universe. When you see this one picture in particular, all of those flashes of light that you see, those are galaxies. Each dot is a galaxy. galaxy. So a little perspective here. In our solar system, our solar system is pretty big. If you
Starting point is 00:09:13 got in a spaceship and hurtled 35,000 miles per hour, how many years do you think it would take you to get to Pluto? 12 years. So you get there and you think, well, geez, I've come this far. I might as keep going a little further. Maybe hit the edge of the solar system. Maybe hop over to another galaxy real quick. How much further would you have to go to get to the end of the solar system? Well, that would take you another 25,000 years. Now, maybe one day you get to another. galaxy and you think well good i've seen now two galaxies and maybe it's like you know maybe you've seen 49 of the states he's still got to get to alaska one of these days how many galaxies are there if you ask me i'd be like i don't know six there's a hundred and forty billion there's a lot so that picture
Starting point is 00:09:54 you see of the web telescope every dot of light those aren't stars those are each galaxies and here we are a floating piece of rock in the midst of it all with water and oxygen and the perfect distance from the sun and the perfect gravitational pull so we're not slung into space or sucked into the sun. Everything in our atmosphere is perfectly suited for life on Earth. Any closer to the sun, we'd burn up any further away, we'd freeze up. And people think there is no God. People think this is all by chance. Teddy Roosevelt, when he was president, he would take world leaders out to Long Island
Starting point is 00:10:26 to the summer White House. And they would talk and solve all the problems of the world and get anxious and worried because they were so important. And he would take his guests outside and show them a star. and he'd say that is the spiral galaxy Andromeda It's as large as our Milky Way It is 750,000 light years away
Starting point is 00:10:46 It consists of 100 billion suns Each larger than ours And after his guests were in a sufficient state of awe Teddy Roosevelt would say Good Now I think we are small enough Let's go to bed Being in all of the universe
Starting point is 00:11:06 the created and the creator puts you and things into a very healthy perspective. More coming up. Hey, I'm Caitlin Becker, the host of the New York Postcast, and I've got exactly what you need
Starting point is 00:11:20 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
Starting point is 00:11:36 the NY Postcast podcast, listen and subscribe on Amazon Music, Apple Podcasts, Spotify, or wherever you get your podcasts. Thank you again to Bill O'Reilly for letting me fill in. Thank you for listening the whole time. I'm no Bill, but I do the best I can. Mike Slater.com. We'll see you tomorrow.

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