Hey, Bill O'Reilly here. Welcome to the No. Smith News Tuesday, May 10, 2022. Stand up for your country.

This is one of those broadcasts where a pen and paper will be handled. We're going to give you

very important facts. And why do you want facts? Because in your life you're going to be speaking

with people about important things. And if you are armed and dangerous with facts, you will enjoy

the conversation a lot more. So by far the worst failure of the Biden administration is the economy.

What a mess. All right. Most every American is losing money. Some can afford to lose the

money. Some can. It is Joe Biden's fault. It's not Congress. Okay. It's not Putin. It's not

COVID. It's Biden. But he will never admit that. So today he tried to save himself by giving a

20-minute speech about inflation. We will go over it in a methodical and fair manner. And that is

the subject of this evening's talking points memo. So Biden was 30 minutes late as usual,

never on time. And the reason is that he's prepping. That he's reading the teleprompter behind

the scenes. They change words for him that he can't say. So it takes longer for him to get it together.

Today, as I just said, he spoke for 29 minutes. He took questions, but only on inflation.

So no abortion questions. Nothing else. Just inflation. He has a very tough,

persuasive road to go down. All right. Because of the facts. So today,

gas prices reached an all-time high in the United States of America. $4.37 on average,

all-time high. I'm going to give you the stat under Trump in a minute. So this is up the

$4.37, about a 25 cents quarter compared to a month ago. Just a month. Gas goes up 25 cents a

gallon. Okay. Stock market, crazy, insane. All right. So the Dow Jones has decreased 12% since January

3rd, first trading day of the year, NASDAQ 27%, a third down. Those are high tech stocks,

things like that. Most Americans have investments in their retirement accounts.

So we're all losing money when you get your statement. You're going to cry.

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