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Bill O'Reilly
Foreign Bill O'Reilly here. You are listening to the O'Reilly Update. Coming up next, the News with Mike Slater.
Mike Slater
Thank you, bill. It's Thursday, April 10, 2025. Here's what's happening today in America. China chooses poorly, funding pulled major bust and the no more Rogue Rulings Act. That's all coming up. And Bill's gonna be here with your message of the day. But first, Donald Trump wrote on Truth Social that the tariffs charged to China by the United States will increase to 125% effective immediately. And he said that because over 75 countries have called him to negotiate a solution to the trade barriers and tariffs and currency manipulation and non monetary tariffs. These countries have not retaliated in any way, the president said. So I have authorized a 90 day pause and a substantially lower reciprocal tariff during this period of 10%, also effective immediately. Treasury Secretary Scott Bessen said the US Is moving towards trade agreements with key allies that will form the basis for a united economic front against China. China has imposed an 84% tariff on all American goods sold in China. But we sell only one fifth to them as much as we buy from them. So they sell five times as much to us as they buy from us. So this trade war will hurt them way more than it hurts America. It's not just foreign countries either. Cornell and Northwestern University have had federal funding pulled over a billion dollars at the Ivy League school Cornell and $790 million at Northwestern. This administration has threatened to block federal funding for schools over pro Palestinian campus protests as well as DEI programs and transgender policies. Last month, they sent a letter to 60 universities warning them what will happen if they don't crack down on these issues. Last month, the Trump administration canceled $400 million in funding to Columbia. And last week the U.S. government announced a review of $9 billion in federal grants and contracts to Harvard. The Department of Justice and the coast guard busted 45,000 pounds of cocaine valued at over $500 million. Our Attorney General and FBI director were at Port Everglades in Florida saying we have saved thousands and thousands of lives as a result of this incredible cooperation. We believe two cartels, CJNG and Sinaloa, were heavily tied to these shipments. Bondi said that 11 people were arrested in connection with this operation. The Coast Guard says they have seized over 59 metric tons of narcotics just since February. The House of Representatives passed a bill yesterday to limit a federal judge's ability to affect the Trump administration on a national scale. Congressman Darrell Issa wrote the no Rogue Rulings act which limits a district courts power to issue US Wide injunctions, instead forcing the court to focus the scope on the parties directly affected in the case. The Trump administration has faced more than 15 nationwide injunctions. A few have already been stopped by the Supreme Court, delaying things just a couple weeks. I'm Mike Slider from the podcast Politics by faith. Bill O'Reilly has your message of the day next.
Josh Hammer
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Bill O'Reilly
Time now for the O'Reilly update. Message of the Day on this Thursday. Capitalism is hard. In our economic system, you have to compete for prosperity, prove yourself in the marketplace. Even if you have a marginal job, you move up based upon effective work and honest effort. Also, capitalism gives individuals a chance to invest in order to grow assets, buying a home, purchasing stocks and bonds, starting a business of your own. But there is no guarantee the investing process will be successful. And unlike your work profile, you have little control over that. Reverses in investment are on display right now with the tariff controversy. But then we have stocks going up depending on what President Trump says. Millions of Americans don't like this uncertainty and I am one of them. But I knew the risks when I bought the shares. Capitalism can be very rough and unpredictable. On the other hand, socialism is easy. A big government dictates how the economy works, what you can and cannot have many rules and regulations in return. You get some security, education, health care, retirement, welfare if you're infirmed. But you must do what you are told to do in the marketplace and you cannot make it big. Now, many people prefer the easy way. Most of Europe, China, Russia, on and on. And here in the USA, we have Bernie Sanders, we have Elizabeth Warren. But most Americans don't want socialism. Capitalism works. I'm Bill O'Reilly. I approve the message by writing it. You can reach me, bill@billorilly.com billorilly.com name in town if you wish to opine the mail. Wayne is a concierge member. Wayne has a direct line to me. Concierge membership on Billorilly.com, wayne says for China now, power Play moment. They decided they weren't going to negotiate. There would be no going back. If she gives in, he looks weak and more importantly, he cannot afford to look weak amidst all of China's economic problems. Well, China's got a more economic problems wane. They need this market. China desperately needs to sell its products here. So she will negotiate. That will happen. I don't know when I'm hearing maybe June, there'll be a meeting between Trump and Xi. I hope. We don't want a war with these people, economic war, but they have to sell here or their economy will collapse. Terry Dybold, Topeka, Kansas. Thanks for your analysis in history on tariffs. I'm glad Trump is standing up for the usa. What gives? With the decades of silence and acceptance by our political class and media over tariffs and trade barriers against the United States, what gives is it doesn't affect people directly. They don't know about it. Okay? So I said to Hannity again today, Donald Trump's gonna put tariffs on pharmaceuticals coming in from abroad. Better be careful on that because senior citizens cannot pay any more for medicine here in this country. That's direct. Okay? Buying medicine, buying food, buying a car, buying whatever. People don't factor in tariffs on that, okay? And that's why every politician, every president since Harry Truman ignored the tariff thing, because it didn't directly affect the people. They didn't know it. Good question, though, Terry, In a moment, something you might not know.
Mike Slater
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Josh Hammer
100 million.
Mike Slater
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Bill O'Reilly
Now the O'Reilly update brings you something you might not know. 55 years ago today, Paul McCartney confirmed his breakup with the Beatles. The announcement ended the most successful band in music history. Here is the story. Beatlemania swept the USA in 1964 after the group appeared on the Ed Sullivan show prior to their TV debut. Advanced copies of their single I Want to hold you'd hand were shipped to radio stations all across America. The Fab Four sold 1 million albums in the first month. For the next six years, the Beatles had 25 number one hits, selling 600 million records worldwide. Talk about records. Beginning in the late 1960s, tensions rose between the band members. George Harrison quit, then rejoined the group three times. John Lennon and his girlfriend Yoko Ono were arrested for drug possession. McCartney began working on side projects with his wife Linda. Soon the group was a tangled set of business and financial relationships, none of which went well. On April 10, 1970, Paul McCartney was speaking with reporters to promote his first solo album. Ask one journalist, do you foresee a time when Lennon McCartney becomes an active songwriting partnership again? McCartney said no. That statement shattered the band. One month later, Lennon told Rolling Stone magazine, quote, he can't have it his way, so he's causing chaos. I put out four albums last year and I didn't say an effing word about quitting the Beatles. Well, by year's end, the group was officially dissolved. And here's something else you might not know. Despite calling it quits in 1970, the Fab Four remained one of the most popular bands in the world. Songs from the Beatles are streamed 2 billion times each year. They're the second most listened to rock group on Spotify. Number one, Queen. If you really want to know the inside story of McCarthy's disenchantment and Leonard's reaction, you might want to read my book, Killing the Legends. Back after this.
Josh Hammer
Like a bull in a china shop, Donald Trump came in to drain the swamp in Washington, D.C. but with his bold reform and rejuvenation agenda comes so many legal questions nationwide. Injunctions, are they constitutional? What's the deal with birthright citizenship? What about the administrative state? Can he actually clean the deep state and end the politicization of the federal bureaucracy? I'm Josh Hammer, host of America on Trial with Josh Hammer. Subscribe to America on Trial with Josh Hammer for your daily updates on all of these questions and more.
Bill O'Reilly
Thank you for listening to the O'Reilly update. I am Bill O'Reilly. No spin, just facts and always looking out for you.
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Bill O’Reilly’s No Spin News and Analysis Episode: The O'Reilly Update, April 10, 2025 Release Date: April 10, 2025
In the April 10, 2025 episode of "Bill O’Reilly’s No Spin News and Analysis" titled "The O'Reilly Update", host Bill O'Reilly delves into the pressing political and economic issues shaping America. The episode meticulously covers the escalating trade tensions between the United States and China, the administration's crackdown on academic institutions, significant law enforcement achievements, legislative developments impacting the judiciary, and a reflective historical segment on The Beatles' breakup.
Mike Slater, the news correspondent, opens the segment by highlighting the intensifying trade conflict between the United States and China.
Tariff Increases Announced by Donald Trump:
President Donald Trump declared on Truth Social that U.S. tariffs on Chinese goods would surge to 125% immediately. This decision comes after over 75 countries approached the U.S. seeking negotiations to address issues like trade barriers, tariffs, currency manipulation, and non-monetary tariffs. Notably, these countries have refrained from retaliation against the U.S. tariffs.
Reciprocal Tariff Pause:
In response, Trump authorized a 90-day pause on reciprocal tariffs, reducing them to 10% during this period. Treasury Secretary Scott Bessen emphasized that the U.S. is moving towards forming trade agreements with key allies to create a united economic front against China.
China's Retaliation:
China retaliated by imposing an 84% tariff on all American goods. However, the imbalance in trade volumes—where China exports five times more to the U.S. than it imports—is expected to inflict greater economic damage on China.
The episode sheds light on the current administration's aggressive stance towards higher education institutions, particularly targeting their funding mechanisms.
Federal Funding Withdrawals:
Cornell University: Over $1 billion in federal funding has been pulled due to issues related to pro-Palestinian campus protests, Diversity, Equity, and Inclusion (DEI) programs, and transgender policies.
Northwestern University: Approximately $790 million in federal funds have been withdrawn under similar pretenses.
Quote:
“This administration has threatened to block federal funding for schools over pro Palestinian campus protests as well as DEI programs and transgender policies.”
— Mike Slater [01:15]
Warnings to Universities:
Last month, the Trump administration sent letters to 60 universities, warning them of the consequences if they did not comply with the administration's directives to curb certain campus activities and programs.
Specific Cases:
Columbia University: The administration canceled $400 million in funding.
Harvard University: A review of $9 billion in federal grants and contracts was announced, signaling potential funding cuts.
The podcast highlights significant achievements in law enforcement, particularly in combating drug trafficking.
Narcotics Seizure:
The Department of Justice and the Coast Guard successfully seized 45,000 pounds of cocaine valued at over $500 million in Port Everglades, Florida. This operation is believed to have disrupted the activities of two major cartels: CJNG and Sinaloa.
Arrests Made:
A total of 11 people were arrested in connection with the narcotics operation.
Ongoing Seizures:
Since February, the Coast Guard has seized over 59 metric tons of narcotics, showcasing sustained efforts in drug interdiction.
A significant legislative development was the passage of the No Rogue Rulings Act by the House of Representatives.
Purpose of the Act:
Authored by Congressman Darrell Issa, the act aims to limit federal judges' abilities to issue nationwide injunctions that affect the Trump administration on a national scale. Instead, it mandates that courts focus the scope of injunctions solely on the parties directly involved in the case.
Impact on Previous Injunctions:
The Trump administration has faced over 15 nationwide injunctions, with the Supreme Court halting a few recently, thereby delaying their implementation by a couple of weeks.
Bill O’Reilly delivers his "Message of the Day," contrasting capitalism with socialism, emphasizing the strengths of the American economic system.
Capitalism:
Merit-Based Prosperity: Individuals compete and prove themselves in the marketplace through effective work and honest effort.
Investment Opportunities: Capitalism allows for the growth of assets through investments in homes, stocks, bonds, and personal businesses.
Unpredictability: While capitalism offers substantial opportunities, it comes with risks and uncertainties, as seen with the current tariff disputes affecting stock markets.
Quote:
“Capitalism can be very rough and unpredictable. On the other hand, socialism is easy.”
— Bill O’Reilly [04:20]
Socialism:
Government Control: A larger government dictates economic operations, imposing numerous rules and regulations.
Security Benefits: Socialism provides security through education, healthcare, retirement, and welfare services.
Limited Growth Potential: Individuals are restricted in their ability to excel in the marketplace, as success is less accessible under stringent governmental oversight.
Public Preference:
Contrary to global trends favoring socialism, O'Reilly asserts that most Americans prefer capitalism, despite the allure of socialist policies advocated by figures like Bernie Sanders and Elizabeth Warren.
Audience Interaction:
O’Reilly encourages listeners to engage with him directly via email or through concierge membership for more personalized discussions.
Listener Perspectives:
Terry Dybold from Topeka, Kansas, commends Trump's stance on tariffs, appreciating the president’s role in protecting American economic interests after decades of political silence on trade barriers.
Tariffs on Consumer Goods:
Dybold raises concerns about the potential impact of increased tariffs on everyday goods such as medicine, food, and automobiles, highlighting the direct effects on consumers.
In a reflective segment, O'Reilly delves into the 55th anniversary of Paul McCartney's announcement of The Beatles' breakup, marking a significant moment in music history.
Rise and Dominance:
The Beatles achieved unprecedented success in the USA following their 1964 appearance on The Ed Sullivan Show, leading to Beatlemania.
They sold 1 million albums in the first month and amassed 25 number one hits over six years, selling 600 million records worldwide.
Internal Struggles:
Official Breakup:
On April 10, 1970, McCartney publicly stated that the Lennon-McCartney songwriting partnership would not continue, effectively dissolving the band.
Quote:
“I foresee a time when Lennon-McCartney becomes an active songwriting partnership again? McCartney said no.”
— Bill O’Reilly [06:10]
Lennon's subsequent remarks to Rolling Stone further cemented the breakup, citing creative disagreements.
Enduring Legacy:
Despite the band's dissolution, The Beatles remain immensely popular, with their music being streamed 2 billion times annually and securing the position of the second most listened-to rock group on Spotify, trailing only Queen.
Further Reading:
O’Reilly references his book, "Killing the Legends," for listeners interested in a deeper exploration of the band's internal dynamics and the factors leading to their breakup.
Bill O’Reilly concludes the episode by reaffirming the show's commitment to delivering "No Spin, Just Facts" and expressing his dedication to keeping the audience informed and protected.
Throughout the episode, sponsorship messages are interspersed, promoting products like the Nissan Armada Pro 4X and services such as LifeLock and American Giant. These segments provide promotional content but are strategically placed to maintain the episode's focus on news and analysis.
This episode of "The O'Reilly Update" offers a comprehensive overview of the current geopolitical tensions, administrative policies affecting education, significant law enforcement achievements, legislative changes, and a nostalgic look back at music history. Bill O’Reilly effectively balances informing his audience with providing insightful commentary, staying true to his show's ethos of delivering unadulterated facts without spin.
For more detailed analysis and updates, listeners are encouraged to visit BillOReilly.com or engage through the provided contact channels.