Bill O’Reilly’s No Spin News and Analysis - The O'Reilly Update, May 13, 2021

Episode Date: May 13, 2021

Inflation rises at the fastest pace in 13 years, Andrew Yang wants to decriminalize sex crimes and heroin possession in New York City, Gavin Newsom releases a new plan to house the homeless, Minneapolis to pay millions to police officers who quit the force, A new study shows most Americans are starting their summer-season early this year. Plus, Bill's Message of the Day, salaries in America. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill O'Reilly here Thursday, May 13th, 2021. You are listening to the O'Reilly update. Here's what's happening across our nation. Inflation rises at the fastest pace in 13 years. Andrew Yang wants to decriminalize sex crimes and heroin possession in New York City. That'll be great, huh? Governor Newsom releases a new plan to house the homeless. Minneapolis to pay millions to police officers who quit the force during the George Floyd riots. A new study shows most Americans starting their summer early. Also ahead, the truth about money in America. But first, inflation accelerating at the fastest rate since 2008. The consumer price index rose more than 4% last month, increasing prices on everything from groceries to gasoline. The cost

for a gallon is up 50% compared to the same period last year, could hit $4 a gallon by the end of the summer. All of this because of the massive spending and anti-energy policies of President Biden. New York City mayoral candidate Andrew Yang telling reporters he will stop charging people with sex crimes and possession of narcotics if he's a elected mayor. Said Mr. Yang, quote, the first thing we need to do is decriminalize things that aren't really hurting people. At least 70,000 Americans died from drug overdoses last year that might come under the banner of hurting people. Right, Mr. Yang? California Governor Newsom unveiling his plan to fight the state's out-of-control homeless problem. The package would allocate $12 billion to build

shelters, unused apartments, and rent hotel rooms. All in, the bill totals more than $74,000 for each homeless person. Minneapolis City Council approving a plan that would pay $35 million in workers' comp to cops who left the apartment after George Floyd's killing. Two hundred police officers and firefighters have departed, claiming they suffered physical injuries or post-traumatic stress in the aftermath of the riots. New survey from one poll says 59% of Americans plan on starting their summer early to make up for the disaster of last summer. Biggest goal, 70% say they plan to reconnect with friends and family as COVID recedes. But be very careful this summer. Very careful. In a moment, money and Americans.

Right back with that. 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. Theroux, 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 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 9988-9-8-9. Again, that's 866, 326-5576, or text bill to 998899. Time now for the O'Reilly Update.

Message of the Day, income inequality. That phrase is being used to attack the free market system in place in America since 1776. So let's look at this from a money-pointed. of view. There are about 340 million Americans, according to the IRS. 19 million of us, that's 6% of the entire population, are millionaires. Some of them worked hard for the money, like Donna Summer once sang, but some of them inherited it, but only 6% are millionaires. There are just 620 billionaires in the USA. That's it. So somebody tell Bernie Sanders. There are 120 million households in this country, according to the census. Households earning less than $50,000 a year, 50 million the most of any bracket.

Households earning between 50 and 100,000, 35 million, do the math. That's 85 million. That's 85 million. households out of $120,000 below $100,000. The next category is $100,000, a $500,000. That's 10 million people who are very well off. So add up the millionaires, the billionaires, and those who are well off, and you've got 18 million households out of 120 million that are wealthy. Just keep that in mind. Now, that's not an outlandish figure for a capitalistic system, but the income inequality propaganda is at full tilt. And many Americans, perhaps most, think that the wealthy are bad because that's what the socialists want you to think. Now, how do you make money in America? Well, the key is education. One third of Americans have a four-year

college degree, and the average starting salary for them is 50,000 bucks right out of college. 10% have a two-year degree. They start at 45,000. 13% of a master's degree or higher, PhD. They earn 80,000 bucks first job. High school grads start out making just $30,000 a year. So you've got to get educated. Now, 32% of white Americans, attend, not necessarily graduate, but attend, a four-year university compared to 20% of black Americans, 15% for Hispanics, and a whopping 50% for Asians. Women, pick up 52% of all college students, and that number goes up to 55 for post-grat. So the truth is, according to the facts, that allowing the government to give you stuff

is easy and SAP's initiative. Working hard is hard. Sometimes it pays off, sometimes it does it. But no matter what, it's better to work hard than to live on handouts. So let's challenge this income inequality thing. Get educated, develop a needed skill, work your buns off, take that socialism. I'm Bill O'Reilly. I approve the message by writing it. For more honest news analysis, please visit Bill O'Reilly.com. And thank you all very much, my new book Killingna Mab number one in the USA. In a moment, something you might not know. 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 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 Podcasts, Spotify,

or wherever you get your podcasts. Now the O'Reilly Update brings you something you might not know. 40 years ago today, an escaped Turkish killer fired a series of gunshots in St. Peter's Square the heart of Vatican City, four bullets struck the intended target. Pope John Paul

the second. Here's the story. John Paul was the spiritual leader of almost 600 million Roman Catholics around the world. He was elected Bishop of Rome in 1978. He was the first Polish pope and the first non-Italian pope in 456 years. John Paul was an international hero fighting Russian communism while holding peace negotiations with Jewish and Muslim leaders in the Middle East. A 23-year-old man from Istanbul named Mehmet Ali Acha had recently escaped police custody there for the murder of a left-wing journalist. He told friends he considered Pope John Paul, quote, the masked leader of the last crusades. On May 13, 1981, Pope John Paul entered St. Peter's Square, surrounded by thousands of faithful Catholics.

Suddenly, the Turk fired four shots into the Pope with a nine-millimeter pistol. The Pope was struck in the abdomen, suffering critical injuries. Many thought he would die. A group of nuns actually detained the gunmen and found a note in his pocket. stating, quote, I am killing the Pope as a protest against the imperialism of the Soviet Union and the United States and against the genocide that is being carried out in El Salvador and Afghanistan. But Pope John Paul miraculously survived. And here's something else you might not know. The assailant was sentenced to life imprisonment for the shooting, but was pardoned by the Italian president in June 2000. the Pope's request. John Paul II and his would-be assassin met multiple times following the

shooting and actually became friends. The shooter sent a letter to the Pope shortly before his death in 2005 wishing Pope John Paul good health and a long life. Back after this. 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. make sure you tune in. You can find us at Apple Podcasts, Spotify, or wherever you get your podcast. Thank you for listening to The O'Reilly Update. I am Bill O'Reilly. No Spin, Just Facts, and always looking out for you.