Hey, Bill O'Reilly here. Welcome to the No Spin News for Thursday, May 12, 2022. Stand

up for your country. We had excellent news last night. Killing your killers will debut

at number one at the New York Times. They have a book section and a list and that list

is considered in the book industry to be the number one list. Also the number one non-fiction

book on USA Today and pretty much all the lists all over the place that are honest. So

more than 100,000 copies in six days, that's pretty good. But I'm a little humble about

this and I know you're snickering but I wrote a message of the day and I'd like you to

read it about how I reacted to the news last night. We'll have more at the end of the

program in a final thought. But let's get to inflation which is a direct tax. Inflation

is a tax because inflation just doesn't happen organically as they say. It doesn't just descend

like COVID. Inflation is the product of a government on an economic system. It's not a

storm or a wildfire or a play. It's man-made. So the Biden administration decided to

ignite inflation. Now it didn't know it would do that but it's so incompetent, so incompetent

that it can't do well if I do this cause something bad may happen. Effect. You can't do it.

They're not capable of it intellectually. So as we all know, Mr. Biden comes in first

day, knocks out the Keystone pipeline, slaps regulations on the oil industry in America,

makes it harder to harvest oil and harder to ship oil all around the world. The moment

that happened, the world's oil markets, the futures as they say, went up because oh,

United States not going to have as much oil as it had under President Trump. Not going

to be able to export. We want to have as much inside the country that it did. So oil

becomes more valuable. Higher price. You see, you understand that? It's supply and demand.

You cut the supply and the demand stays the same, which it has. It's even increased

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