The Economic Decline, Midterm Odds, Biden Defends Hunter, Herschel Walker's Denial, Fetterman's Rough Interview, & Guest Maxim Lott
Bill O’Reilly’s No Spin News and Analysis
Bill O'Reilly
3.7 • 12K Ratings
🗓️ 13 October 2022
⏱️ 42 minutes
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| 0:00.0 | Hey, Dolor Reilly here. Welcome to the No Spin News Wednesday, October 12, 2022. Stand |
| 0:17.5 | up for your country. Always remember a truism. People believe what they want to believe. |
| 0:27.4 | In almost every aspect of life, that is true. It's true for me. I was going over the political |
| 0:34.4 | polling today and some of the races where I want one person to win and the polling goes against |
| 0:41.5 | that person. I don't want to believe the poll. Now, I don't know if the polls true or not, |
| 0:46.5 | but I don't want to believe it. I'm looking at, I don't know, that is full. And it's only because |
| 0:52.2 | of personal preference. So people believe what they want to believe. But it comes at time when |
| 0:57.9 | the belief system has to be put aside and facts have to be considered. Real truth, things that are |
| 1:06.1 | happening before our eyes. And the US economy is one of those things that is the subject of the |
| 1:13.4 | talking points memo this evening. So today we find out that the producer price index PPI |
| 1:22.8 | has risen more than expected for September. Now, as soon as I say that glaze goes over your eyes, |
| 1:30.3 | I know I took economics classes. It is stupefying. But what the producer price index is is the cost |
| 1:43.2 | to American businesses for their products. Their stuff with their market. And it's up in September |
| 1:52.1 | 0.4%. So that means that you and me are going to pay more between now and Christmas at least |
| 2:01.1 | for everything. Because the companies just don't say, oh well, we got to pay more, but we're going |
| 2:06.4 | to keep our prices low. No. I had a big argument today with a guy who charged me a lot more for a |
| 2:14.8 | service than last year. And the service was essentially the same. And he's going, wow, you know, |
| 2:21.7 | everything is up. And I'm going to wait a minute. You're not paying more for anything. What are |
| 2:28.3 | you passing it on to me? He can pass it on to me. That's why he's doing it. So anyway, the producer price |
| 2:37.0 | index is up 8.5%. And when you add what they call the VIG, the VIG is what you pay gamblers when |
| 2:46.6 | you lay a bet with them and you lose. They tack on some money called the VIG. Well, the businesses |
| 2:54.6 | do the same thing. So if they have to raise their prices a certain amount, they raise them a little |
... |
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