Bill O’Reilly’s No Spin News and Analysis - Weekend Protests; Doug Schoen on the Unintended Consequences of Trump’s Tariffs; the Trump and Netanyahu Meeting & Americans Warned of Travel to the Bahamas

Episode Date: April 8, 2025

Tonight's rundown:  Hey BillOReilly.com Premium and Concierge Members, welcome to the No Spin News for Monday, April 7, 2025. Stand Up for Your Country.  Talking Points Memo: Protests organized nationwide to protest… Donald Trump. Democratic Political Strategist Doug Schoen joins the No Spin News to give insight into the tariff fallout across both parties.  MSNBC continues to provoke the nation as tensions rise. New report shows Nancy Pelosi’s net worth falls nearly $7 million in less than a week. President Trump and Israeli Prime Minister hold meeting at the White House. Level 2 travel advisory issued by the State Department for the Bahamas. This Day in History: Mike Wallace dies at age 93.   In Case You Missed It: Read Bill's latest column, Make America Scared Again. Stand out from the crowd with our Not Woke baseball cap for just $28.95! For a limited time, get Bill O'Reilly's bestselling The United States of Trump and a No Spin Mug for only $39.95. Pre-order Bill’s next book in the new Confronting Series, ‘Confronting Evil’ NOW! Now's the time to get a Premium or Concierge Membership to BillOReilly.com, the only place for honest news analysis.   Learn more about your ad choices. Visit megaphone.fm/adchoices

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The kind made with real fruit juice, a pinch of Sicilian salt, and the sparkle of the Italian sun. With no added sugar and just 10 or less calories per can, enjoy. With love from Italy. By San Pellegrino Chau now. Hey, Bill O'Reilly here. Welcome to the No Spin News. Monday, April 7, 2025, stand up for your country. Another turbulent day.

Stock market all over the place. Don't look. Don't look. So we've got it covered. All you've got to do is watch and listen to us, and you'll know everything. It's not going to leave anything out, okay? I'm going to be on News Nation tonight at 9 p.m. Eastern, and I'm trying to bring you some sanity

to that audience, you know, some of whom watch the No Spin News, but a lot of them don't really understand, you know, what's going on in the big picture. We'll try to bring that in. The Tariff Dilemma is the subject of this evening's talking points memo, and I hope you read my column, Make America Scared Again, which is free. Anybody can read it, Bill O'Reilly.com. But that is a primer for this whole thing. Okay. So over the weekend, there were 1,400 protests nationwide against Donald Trump. None of them had to do with the tariffs. This is an amazing story. And how do we know that? Well, the signs they're carrying the T-shirts they're wearing had to be made in advance.

And remember, the stock market meltdown happened last Thursday, so they would never have gotten a chance to manufacture all this, to get the meetups that takes place on the Internet, usually get a week in advance where they're going to meet up, who's going to be there, what groups are sponsoring, all that. So these protests didn't have to do with the tariffs. Now, there may be terror protests down the road, but not this. So what were these people doing?

I don't really know what they would do, okay? So what are they against controlling the border? Are they against deportation of foreign national criminals? Are they against trying to get peace in Ukraine and Gaza? Are they against exposing wasteful federal spending and cutting down bloated government? Are they against those things? If you are, then I want to know. Why?

Okay. So I assume they don't know what they're against. They just hate Trump. And the socialists are out there and all that. The one issue that's got these, and they're 99% left-wingers, upset is the executive order against DEI, diversity, equity, inclusion. They don't like that at all. Roll the tape. I stand with many millions Americans that want to see the end of a dictatorship that

is starting to take away all of our democratic rights, fundamental institutions, jobs, health care, education, and everything else that we've come as Americans to love and appreciate. All right, it's just gibberish. He doesn't know why he's out there, but his friends are out there, so he's out there. All right, let's segue into tariffs. So this is a very intense situation, that's the best word, because as I'm going to tell you at the end of this program and a final thought, there's good reason for us to be apprehensive, us, the American public, there's a good reason.

This has sprung out of nowhere. People did not anticipate that the Trump administration was going to enter into a trade war with the rest of the world. If they had anticipated, there would have been a sell-off months ago. But nobody did. That trade war was a mistake. Now, not in theory, as again, I'll refer back to my column. We've been getting hosed by foreign nations and trade ever since World War II.

Okay, so that's a fact. But you can do these things in a different way. You don't have to just drop, boom, everything at once, and then everybody panics. All right. Now, the unintended consequences of the panic is an erosion of confidence in the Trump administration. Not by the MAGA people, the 35% that will support Trump no matter what he does. But that's not nearly enough to govern. Now, if Donald Trump's economic vision unfolds the way he says it will, he'll get by it.

But if he doesn't, the midterms will be grisly for the Republican Party and for him. All right, little history, so you really understand this. I'm going to keep this simple. No pinhead stuff, all right? So in 1930, the nation was entering the Great Depression. 1929, the stock market collapsed. It collapsed because people were borrowing money to buy stocks. The stock market was roaring into 1920s, the roaring 20s. And then when the stocks started to go down, which inevitably they always will, up and down, up and down, people couldn't pay back the loans.

And boom, the bank started to foreclose and everything like that. Herbert Hoover, one of the worst presidents ever, if you read confronting the presidents, and I hope you did or will, puts tariffs up, all right, to protect the American economy, American manufacturing. And that was called the Smoot-Hawley Tariff Act, Smoot-Hawley disaster, amid a worse. And then we went into a deep depression for almost 10 years to World War II. All right. Then after World War II, the U.S. economy goes, just surges because we're the victors.

And we're supplying all of the materials to rebuild Europe and Japan, Marshall Plan. And we've got to make them in America. I mean, everybody's working, everybody's doing okay. JFK in 1961 says, I'm going to take over this tariff business. And the Constitution does give the President of the United States the power to control foreign commerce. Congress doesn't have a say in it. So JFK pops it up. Then Congress passes the Trade Act of 1974.

Okay? And that solidified President. solidify presidential dominance in the tariff area. So that's why Trump can do what he wants. All right, got it. Now, Donald Trump is, as I said, the biggest disruptor in presidential history. He has passed Teddy Roosevelt. Teddy's number two for taking on the monopolies.

And he won, Teddy won. But boy, that was a rough one. And I write about that in confronting evil coming up in September. Anyway, Trump's a disruptor, and he wants to do everything now. And his blitzkrieg closed the border, shut the border down, very successful. The deportations we don't know yet, but they're actively underway. Elon Musk, those, you know that. Boom, boom, boom, boom, boom, no easing in.

This one, because there are so many nations involved, might have been better if we eased into it. Okay. I think that things are going to work out. I think. I'm going to be able to be. I'm going to bearlington for the event of liquidation candidate. We're going to now same to find the

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Fighting stains shouldn't be. OxyClean Maxforce. It's not clean unless it's OxyClean. And that's the memo. So right before we went to air, Do you know who Ursula von der Levin is? I'd probably say no last name. Leyen.

Ursula, Wanderlein. She is the commissioner of the EU. Ursula. Brussels. She announces that the EU wants zero for zero tariffs, no tariffs. On either side. Big. Do not as she made the announcement stock market comes up.

Just keep that in mind. Okay. So Ursula said, we don't want any of these tariffs now. We want to do away at all of them. Good. Good. Let everybody compete. Ursula, Donald Trump.

Now, this is, if this happens, okay? And Ursula says chemicals, pharmaceuticals, rubber, plastic, machinery, and cars. There's. No tariffs. Now, it'll be interesting to see how the hate Trump media, this is good for Trump. But caution, okay? This is just verbiage now. I'm sure there's a lot of other stuff in there, but I'm reporting what I know.

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dream.com now to secure your spot. It's getting another point of view, and as Doug showing you know him, he was very good during the election cycle for us. He's a He's a Democrat political strategist, author of the book, Politics of Life, and he joins us from Miami. All right, my analysis, is it foolish, naive, misleading? What do you think? I think you're basically on the money bill. We're in the midst of a man-made crisis that could resolve itself shortly or it could resolve itself over time. The dominant sentiment I pick up in the polling we were doing is uncertainty.

combined with, as you said, correctly, Bill, doubt in the quality and judgment of our administration, not dismissal, but deep, deep uncertainty. But why would they be uncertain if the border has worked, if the Doge thing has uncovered of billions of dollars of wasteful spending, if the DEI stuff is out, which most Americans don't want, why would there be uncertainty about Trump? So far, he's doing pretty well, right? inflation bill we still haven't had prices come down the average guy going to the supermarket hasn't seen a material benefit in his life and that is his Achilles heel now as it was Joe Biden all right so inflation remains stubborn although where I live on Long Island gas is down it went below three bucks a gallon over the weekend eggs are down 50 percent you know, because the bird flu thing is subsided, I don't, I'm not in the groceries

all that often, but I'll take your word for it that across the board, in most parts of the country, you haven't seen a lot of relief. All right. So that the folks, the ones I voted for Trump, are they going to bail now that their stock and bond portfolio is cratering? Do you believe they are going to bail. The way I see it, Bill, is first to start with where I think I agree and where you're right, the 35% who are the MAGA crowd, they're with him come hell or high water. They're going to stay. There's no doubt there.

The next 15, 16% that gave him his narrow majority in the popular voters, they're asking questions. what's happening to my 401k, is inflation coming down, are we in an unstable situation in the Middle East and with Russia and Ukraine? Not that they've turned on Trump, they haven't. He's at his highest level of approval ever recorded for him, but there's doubt and the doubt is, I think, been exacerbated by the events of the last couple of days of last week. weekend today. Right. That polling is going to go down for him.

You know that. Everybody knows that, you know, it's not, it's been four days. And the market today, as I say, is up and down and in and out. But the market can come back. I firmly believe that. I mean, people, I can't give financial advice to people. But in my column, I said, you know, if you panic in any part of life, not just here, that's not going to be a positive for you.

You've got to maintain. And if you believe in what you bought, the companies that you bought, it's not going to be as smooth as a thought, but dumping them now at a low level, you're never going to get it back. But if you hold them. I don't give financial advice either, but is a life lesson bill that is very good advice. And Warren Buffett said basically the same thing you said in your talking points memo, which is if you're worried about the market, in your portfolio, don't look. Don't look. I mean, but the frustration is there are a lot of older people and there are, and a lot of

people who have got college funds and they're getting hurt and they might need the money. And that's just the vagaries of life. I mean, sometimes it works out and sometimes it does it. Now, the Democratic Party, your party, should be able to take advantage of this kind of chaos. political chaos works for the opposition. But because it has no leader, no one, it can't take advantage of it. Am I wrong? It can only take advantage of it if, as you suggest, I think correctly, Trump's numbers and the Republican numbers come down. If the Republicans are able to keep their majority in both houses.

But let's assume that they do come down. Let's assume that a week from now on the 14th of April that Trump's approval rating slides to the low 40s, which he could. Who's going to step up on the Democratic side? We don't have a leader. In a midterm, you can win a midterm. As your talking point, Memo, your word was grisly. I think the results can be grizzly.

2028, we don't have a leader. There's nobody on the horizon. Agree with the overall assessment. All right. But it's still too early for the midterms. It's 19 months now for the midterms. Right. But the Democrats are running against Trump, not for any ideas, that's for sure.

No, no, no, no. But as you know better than anybody in this country, because you do this for a living, I have done it for a long time, I think since U.S. grant. even in the game, okay, that if you tear down a president, that's hard to reverse. So you saw it with Biden. So Biden just got into one mess after another, after another, after another, and people just lost confidence in him. But Trump is a different cat, as Dennis Miller would say.

So Trump is defiant. My vision is going to work. Now, six months from now in the fall, if it's still, inflation is still high, prices aren't down. In fact, if they go up and the stock market is still just impossible, then I think Trump will have damaged himself beyond repair. But I think he's got six months. Am I wrong? I would agree with that, but I would tell you the economy has to. improve vis-a-vis inflation and prices, and bottom line, there has to be a relatively quick

solution vis-a-vis the tariffs. We just can't go indefinitely with this uncertainty. All right. Last question. I think the tariff thing's going to work out with Europe. I think it'll work out with Canada and Mexico. But China is a different story. So China seems to be itching for some kind of confrontation. Now, don't really know why. because the Chinese economy is very shaky. I agree with you. That conflict, if it be limited to China bill, I believe Donald Trump will be supported by the American people en masse

if he puts tougher, tougher retaliatory tariffs on the Chinese. If the rest of the world is resolved, then the way you suggest, I think this will have a soft landing and a happy ending. No, I don't know about a happy ending because it's Donald Trump. All right, all right, Doug. Thanks very much. We always enjoy talking.

No, Bill, thank you. We'll see you soon. All right, so most of the media doesn't understand what tariffs are, and they don't really care to understand that little recap I gave you about Smoot Hawley and JFK and the 1974. you'll never get that anywhere else and you won't and I'm not bragging I'm just stating a fact you'll never hear it anywhere else they don't know what had this is the the corporate media this is the top of the line okay but they have no interest in it because their interest lies in feeding spoon feeding whatever their audience wants to hear okay so NBC Comcast is the worst because they

run MS NBC and they're actually provoking panic in this country, bullet tape. So I think although the election was certainly a huge disappointment, a shock to some people, Americans are not sitting back. They're not hiding under their beds. And I think the press friendly hasn't really covered. The mainstream, the corporate, the billionaire press,

has not really covered the full force of the anger and the widespread determination of the American people. So I think this is just the beginning. Yeah, because that's what you wants to think. Okay? And then when it doesn't happen, you know, blah, blah, blah, blah, blah. Here we don't do that, all right. So here we say, this is a situation today.

This is the indicator of where it's going. We don't talk. Over the weekend, I was emailing Chris Cuomo back and forth, and he wanted to talk theory of tariffs. I had no interest in the conversation at all. I'm watching the Mets. I'm watching the Islanders. I said, Cuomo, I don't want to talk about economic theory of tariffs.

What good does that do? If you want to talk about the pain that people are experiencing now, the psychological pain, I'll be happy to talk about that. Are you ready to dairy free your mind? This summer, melt away your dairy-free expectations with so delicious dairy-free frozen desserts. Enjoy mind-blowing flavors like salted caramel cluster, chocolate cookies and cream, cookie dough, and more.

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Visit gmc.com to learn more. Well, but, you know, what Milton Freeman once said, I couldn't care less about that. It doesn't mean anything to anybody, but you're going to hear a lot of that theory on the television pundit level. I mean, take it a lead. All right, there's a group called quiver quantitative. No idea. You can't tell you whether it's good or it's bad.

It's got an analyst that follows the wealth of one Nancy Pelosi. Okay. And there's no question that over her career in the. House of Representative, Ms. Pelosi has amassed tens of millions, maybe hundreds of millions of dollars because her husband, Paul, is a stock trader. Now, you can ascribe corruption to that if you want. I don't know. I don't know.

I don't think she's violated any law, Nancy Pelosi, but maybe she has. I don't know. But anyway, this outfit says that since the first of the U.S. year 2025. The Pelosi's together have lost $23 million in the stock market. Okay, doesn't put a percentage on, or it doesn't say how they know that. That's a little disturbing. And it's printed in the Daily Mail, which is a piece of garbage. Okay. So, but it's my duty to report stuff in a public domain. 23 million, this is what they say they've lost. Mainly because they have a lot of tech stuff out in the Silicon Valley area, and then the tech stuff gets hit hardest if you aren't investor.

But it also goes up the fastest, particularly with this AI on the horizon. But it is a dangerous game. Investing in stocks, it's never been for the timid. But it's part of capitalism, but you can understand what you do it. It can go up and it can go down. Fast. Trump and Netanyahu, strange. So, B.B. flies in last night to D.C., okay?

He meets with Commerce Secretary Howard Lutnik, and the USA as opposed to 17% tax on Israel tariff. Okay, so they're talking about that. They'll work that out. And then that Yahoo and Trump meet today. But they were supposed to have a joint press conference and they're not going to have it now. There's going to be some Q&A, but it's not going to be what it was. And I suspect that's because all of the questions would have been about the tariffs, not about Gaza or Israel or like that, almost all of them.

And I said I canceled it. Now, maybe they'll reschedule it after we finish taping. I don't know. But that's what happened in Washington today. Russia latest. So Putin continues to kill people. That's the latest. He really hasn't subsided.

The Kremlin says, yeah, we want a truth proposal, but we're not going to stop killing people. So what's going to have to happen here, and I think it's going to happen fairly quickly, the Trump's going to have to get tough on Putin. By getting tough, it's going to have to slap or threaten to slap big bank sanctions on them and more sanctions on Russian oil. In addition, don't be surprised to see U.S. troops move from Germany to Poland, big time. Don't be surprised because if Putin's not going to be consulate. strained, United States and NATO, I'm going to have to stop them.

That's it? I'm not going to let them take Kiev. So for all you, people who are rooting for Putin, not many of you, but there are a sliver of the American public rooting for Putin. That rhymes, rooting for Putin. He's not going to take Ukraine. They get a little of it, but they're going to take the whole thing. It's not going to happen because if Trump allowed it to have it.

happened, Trump would be like Biden in Afghanistan, virtually impossible for Donald Trump's psyche to accept that is not. Smart life. So we've had a surge in concierge membership over the weekend. It was big, and we welcome all our new. Now, the reason is that people are scared. And when they're scared, particularly with money matters or war, those are the two war violence money they try to seek people who will tell them the truth we will and here's why as I mentioned before the television news agencies they are now programming for the choir they're giving people what they want to hear and you know that you have to know it and the network news does it too so they do

research they find out if my audience liberal the view. 99% of women who watch the view are liberal. And so that's what you're going to get. It didn't used to be that way when Barbara Walters around, but now it is. Fox News, 95% of viewers who watch FNC are MAGA, love Trump. 95. But they can't not support Trump. Once in a while, maybe, but no. CNN liberal, MSNBC liberal, all three networks little. Newsmax conservative. I don't think there is one American in this country who's not conservative watching Newsmax.

Not one. Fox probably got about 10 at this point in history. Okay. You know what our target audience is here? here, Bill O'Reilly.com, which is where we're based, but the no-spin news that you're watching and listening to now. You know who are target audiences? Honest people. We don't care what you are. All we want you to be is honest. Honest people seeking information. That's our target audience. Would you believe? I want your beliefs to have some heft, to have some backup.

So we give you as much backup as possible. True, true backup. Okay? And you take it and do with it what you want. But when we are in a calamity, and that's what this tariff stuff is, okay, you need accurate analysis and facts. You're not going to get them anywhere else. You're not. They're going to poke it over to the side that they're trying to recruit.

We don't do that. And that's why we're seeing the surge. Final thing here is, wherever I go, and this is both good and bad, because people know me. All right, my cue is like 85%. A cue rating means how many people in the country know who you are. It's the sky high. Older people in particular, over the age of 60, 65, go, we miss you on television. A hundred percent of the time, they say that to me.

And I go, well, we're still on television. And then there's a blank look that comes across like this. I said, yeah, we go, we have Bill O'Reilly Doccom, we have No Spin News, we have our YouTube channel. You can see me every day, every way. It's not in their world. That world does not exist to the older American. Not everybody, of course. Did you know that at Chevron you can fuel up on unbeatable mileage and savings?

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plus more than 15 dining options on board, all between discoveries in Ensenada and even overnights in Cabo. You've never done Mexico like this. Book your Boulder-Baha adventure from Los Angeles today. Come seek the Royal Caribbean. Itineraries vary by sale date, ships registry Bahamas. But they don't know that world. that Bill O'Reilly.com and they did a podcast, what it, you know, and they don't consume it.

They're locked down to linear television. Remote, thumb, click. Don't go over into the other realms. Now, younger people can't believe that actually happens because younger people are totally opposite. They're in the social media and that world exclusively. They never watch. the nightly news or good morning america or cable news never my kids don't watch it ever and their friends never watch it because i ask them so you've got this huge divide now

but now some people are going you know it's reached a point where i got to have honest information and the smart life play is to stay with us i'm going to quote george orington from main I'm sorry, George from Orington, Maine. Sorry, George. Great column on Terrace, Bill. I gave up listening Network News years ago. I've been watching you in the NOSPA News on YouTube and on YouTube worth it. Now, George lives in Maine.

Orington, Maine, which is a small little town. And he's on it. He's on it. And it's just one of millions. Spring break. Bad news if you're going to Bahamas, State Department has issued a level two travel advisory for the islands. Travelers, quote, exercise increased caution due to rising crime and recent shark attacks.

All right. Now I've been to the Bahamas a dozen times. Waters there are fantastic. I love to go diving and snorkeling in the Bahamas. Never seen a shark. Tough currents out there. So if you're going to go snorkel, you've got to have people with you. Beautiful water.

Resorts, they're okay. Paradise Island Resorts. And you're safe inside the resort area. But you're wandering around, the Bahamas at night, you're not safe. You're not used to be. No longer. A lot of drugs. When there are drugs, there are drug addicts who need money,

will hurt you to get that money. Sharks, you know, if you're going to go to the Caribbean anywhere, it's a million of one shot, you're going to encounter one, but they're there that's where they live. So their State Department to go, Bahamas may not be a good idea. Mexico is not a good idea. So Florida, you know, some of the other Caribbean islands. Stay in History, April 7, 2012, Mike Wallace dies. Now, as some of you know, he was a friend of mine, personal friend. Best TV News interviewer ever, I learned an enormous amount from Mike Wallace. Enormous.

I'm going to show you a clip and just exemplifies how good this man was. Go. Imam President Sadat of Egypt, a devoutly religious man, a Muslim, says that what you are doing now is, quote, a disgrace to Islam, and he calls you, Imam, forgive me, his words, not mine, a lunatic. I know that you have heard that comment. That's, yes, that's what I heard President Sadat say on American television. Yes. That the imam is a disgrace to Islam, and he used the word a lunatic. Sadat, Sadat states he is a Muslim, and we are not.

He is not, for he compromises with the enemies. of Islam so that has united with our enemies now the ayatollah is on a cover of confronting evil but you handle wallace handle that about as well as you could handle it and it was gutsy i mean they're in terran anyway mike wallace uh whole career at cbs started off as an entertainer and then he grew into uh probably the best Well, 60 minutes. He made it. He made it. 20 Emmys. Three Peabodies for Mike Wallace. He died 13 years ago today. All right. Back with a final thought on tariffs. Here is a final thought of the day. It is natural for you, for me, for everybody who invest to be worried. That is a natural thing. But like everything else in life, you have to discipline yourself in the worry area. There's nothing you can do about it, nothing other than consume information and know what is happening day to day.

And that's why we're here, as I explain. But you're not going to change Donald Trump. he's in for three years and three and three-quarter years. I think we should be praying for our country. Holy Week's coming up. I'm going to pray for our country. But it's natural that you're feeling a little uneasy. I am.

I don't like to see my portfolio decline. I work hard for my money. I bet you did too. I don't want it to disappear. particularly if some of these errors are being made when they don't have to be made. But there's nothing we can do. So, accept the worry, discipline yourself, look for diversions. I'm watching a lot of sports.

You know, it's my mind off it. I'm reading a bunch of books. Okay? I'll tell you about them, you know. I want to read the book before I recommend it. You know, sometimes a book isn't that great, so I'm not going to recommend it. if it's not great. But I'm diverting my attention away. I'm not walking around all day thinking about tariffs. Don't do that. That'll hurt you physically and mentally. All right. So,

natural for you to be worried, discipline yourself in that area. I'm optimistic. If I thought if the whole thing was going to go over to side, I would tell you. I'd tell you like that. But I'm still maintaining some optimism here. Thank you for watching and listening to the It's been noon all this week. We're on it. We'll see you tomorrow.