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Bill O’Reilly’s No Spin News and Analysis

Highlights from O'Reilly's No Spin News

Bill O’Reilly’s No Spin News and Analysis

Bill O'Reilly

News Commentary, Politics, News

3.712K Ratings

🗓️ 5 February 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Highlights from BillOReilly.com’s No Spin News. Watch the No Spin News weeknights - become a BillOReilly.com Premium Member to watch. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Okay, now I got a lot of mail about the Convention of States. Okay. This is a right-wing thing. So if you get 34 states to sign on, there has to be a convention of all 50 states. Okay? And at that convention, you can ratify the Constitution. You can eliminate an amendment or you can add an amendment. You would have to

0:41.3

do that first before it goes to Congress for two-thirds in the House and the Senate. That's how

0:48.3

amendments get ratified. So this convention of states is a movement. 17 states have signed on to yesterday,

0:59.8

Nebraska and Wisconsin. And basically what it is is the states want fiscal restraints on the federal

1:08.7

government because they fear that the economy is going to collapse

1:14.0

with all the trillions of dollars in spending. All right, to remind you, the national debt is now

1:21.6

about $30 trillion, expected to rise to 33 in the next couple of years. This is unsustainable. We can't pay it back.

1:33.5

And if you continue to print money to meet your interest obligations, say you buy a U.S. savings

1:39.0

bond, as millions of people do, the government has to pay interest on that. And if you continue to print

1:46.6

money to make that obligation, you're going to destroy the dollar. And that's what people are

1:51.4

worried about. Not Joe Biden because he couldn't possibly grasp this. And I'm not saying that in a

1:56.8

condescending way. I feel sorry for the man, but I feel more sorry for the country.

2:03.5

All right. So will that conventionist states happen? They got 17. They need 34. I don't think

2:09.8

it's going to happen because the blue states aren't going to sign on. Okay, last year, a record number

2:17.1

of Americans quit their jobs. All right, mostly COVID,

2:21.0

but other chaos too. Forty-seven million were voluntary quits. They weren't laid off.

2:28.3

They weren't threatened. They just said, ah, had enough. Okay? I've had enough. 47 million. So in December, just a month ago,

2:41.1

4.3 million Americans quit. In November, 4.5 million. The result is there are 10 million

2:47.8

vacant jobs. Can't fill them. People can't get work, labor. Now, that's a good

2:54.7

reason to overhaul the immigration law and make it easier for people that come here legally

2:59.9

with green cards so they can work because we've got 10 million jobs we can't fill. So I cast

3:05.6

around for a very smart economics guy. And frighteningly, the man who popped

...

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