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Bill O'Reilly
Foreign here. Welcome to the no Spin News for Wednesday, November 12, 2025. Stand up for your country. The week rolls on by. I hope you saw the Veterans Day General's special on News Nation last night. It was really good. And I'll be on NewsNation at 8 tonight with the three Americans, Cuomo, Stephen A. Smith and me, your humble correspondent. That should be a lot of stuff in a wind. So that should be a good one. And then yesterday I did a podcast with Dana Carvey and David Spade, both of whom I like. You got to see this. And go to billorilly.com all the podcasts we did, Howie, Mandel and Mar and all that stuff, it's all there for you. And you just click and do whatever they do over there. I don't even know. But we try to make it easy on billow reilly.com but now I'm here to deliver news analysis directly to you. And here we go. The talking points memo is the economy. How are you doing? Okay, so the battle for power in America hinges on how you doing? If Americans are doing well on November 3, 2026, the midterms, then Trump will retain his power, control over the House and the Senate. If the economy is not doing well, the Democrats will make gains. That is the truth. All right, no excuses, no looking back. It's Biden's fault. None of that's going to matter. It's how much money you have and how comfortable you are in your day to day life. Now the Democrats are already telling the world that the US Economy is terrible. Roll it.
Alexander Green
Trump's economy sucks. Last month, the jobs report was so.
Bill O'Reilly
Bad that Donald Trump felt compelled to.
Alexander Green
Fire the head of the Bureau of Labor Statistics to distract from how bad the report was.
Bill O'Reilly
That's just a lie. So unemployment right now, last month, 4.3%. When Trump took office, it was 4.0%. So it ticked up point three. Just nothing. Nothing. If you want a job, you can get a job. Maybe not the perfect job, but there's plenty of jobs. So Louis, as usual, is misleading whoever listens to him. And I think that's only his wife and maybe his mom. Okay. Nevertheless, the Democrats and the corporate media that supports the Democratic Party is pounding that the economy is terrible. So Secretary of the Treasury Scott Besant goes on MSNBC to try to counter this. Go.
Scott Besant
So you don't believe that all the people went to vote last Tuesday on the issue of affordability. My rent's too high. I can't afford to buy a house. Groceries are too expensive. You think they're just misperceiving what's happening in their lives. I think that they, that they're in that we inherited an affordability crisis. We have slowed the price increases down, and they are going to continue to slow down and that real working class wages will go up and that that will address the affordability issue. And, you know, I think this is what Democrats are afraid to do, that they've gone to the courts to try to stop President Trump in this great economy.
Bill O'Reilly
He's talking about the tariffs, of course, now that's a hope. It's not a policy. The Treasury Secretary hopes that things will improve for all Americans, and I hope that, too. I'm not for political reasons, but I want you to be prosperous. Okay, let's look at the facts as they stand now. Oh, food. All right, we all have to eat. And since President Trump took office, overall grocery prices are up 1%. That's it. So four years of Biden, one year of Trump, a little less, up 1%. Certainly that's flat, what they would call flat. Bacon is up 5%. So if you're a big bacon person, you pay a little bit more, but not a lot. Ground beef steak thing, that's up 12%. That's a lot. So the steak people, the beef people, they got to pay more. How about eggs? Spaghetti and eggs down. Eggs are down 16% since Trump took office. All right, Spaghetti and macaroni down 12%. Those are significant declines in food. Boneless chicken, up 2%. Chicken is American's favorite meal. Do you know that? Chicken up to. That's flat. Okay, how about utilities? Home heating, air conditioning, up 11%. Kind of. That's kind of disturbing. That's something that's, you know, that can hurt you. Gas at the pump. This is the national average now down 1%. But here's the scandal. Okay. No, the real scandals coming up. Here's. This is not great, but if you get Obamacare, that means you're a lower earner, wage earner, it's down 14%, which is good. Okay. But if you're working in a corporation, family of four, your health insurance is up 7%. That's not good. And health insurance is a problem. We got to redefine it in Congress. But the Republicans should be leading the way to redefine how this is doled out. Here's the worst insurance. Oh. Home insurance across the country, up an average of 38% since Donald Trump took office. Auto insurance, up 15% on average. This, that's where people are getting hammered, right There now, insurance is a state situation. States run the insurance. But I'm telling you, President Trump's got to get involved with this. You got to, because this can bankrupt you. That's an enormous jump. And the reason is that the insurance companies are paying for the storms and all that, the hurricanes, the fires and then they pass the cost onto all of us. If you live in Maine, if there's a hurricane in Florida, the Allstate and the get go and all these people, they just slap it on there. I'm telling you, that's gotta be dealt with. So if you add it all up unemotionally, economy, this cost of living in America could be lower, should be lower, but it's not a disaster. But that's not the way the voters are seeing it. Finally, home mortgage rates. You want to buy a house under Trump today? 6.22% when Biden left office, 6.85% home buying more affordable today. Do you know any of this? Because the media doesn't report, it won't report anything that's favorable to the Republican administration. Summing up, I don't know how it's going to go, but by April of this year, if people feel better about their financial situations, the Republicans will probably hold. They feel worse. Let's face it, the US economy is under stress, national debt rising, trade war shaking the markets. And meanwhile China is dumping the dollar and stockpiling gold. That's why I protected my savings with physical gold and silver. Theroux, the only dealer I trust, American Hartford Gold. And you can do this. Get precious metals delivered to your door or place in a tax Advantage Gold IRA. They'll even help you roll over your existing IRA or 401k tax and penalty free with billions in precious metals delivered. Thousands of 5 star reviews and an A from the Better Business Bureau. You can trust American Hartford Gold as I do. Please call 866-326-5576 or text BILL to 998899. Again, that's 866-326-5576, or text BILL to 998-899. Have you heard? It's an amazing site that celebrates the best of America by shipping our country's most iconic foods from legendary restaurants straight to your door anywhere in the usa. I just had the Maine lobster roll and the deep dish pizza. Felt like a celebration. It was good. Now this Thanksgiving I am going to do a little pecan pie I think and a holiday roast. Everybody's going to be able to enjoy both of those things. Gold Belly's reliable shipping makes sharing these memorable moments easy and joyful. So if you are looking for the perfect holiday gift or want to impress your friends and family with an epic Thanksgiving, please go to goldbelly.com get 20% off your first order with promo code bill. That's goldbilly.com code bill. 20% off your first order. Great deal. That's a memo. Average consumer debt, $23,000. The last figures. That does not count, your mortgage. Now that's not crazy debt, 23,000. And that's loans, mostly credit cards. But you got to watch it. You don't want to live your life in debt. And the cross generations analyze non mortgage debt in the urban areas, not the country. It's much cheaper to live in a country. Okay, is 19,000 bucks down from 25,000. Do you know that? I did not know that in the urban centers when Biden walked out the door, the debt was 25,000 ahead. Under Trump it's 19. That's pretty good. But Trump administration's got to get that stuff out. Joining us now is one of the most astute economists that I know. His name is Alexander Green. You know him because we have an association with the Oxford Club and that's where he works. They are a paid sponsor for the no Spin News. And I have been with them for three decades myself. And I didn't, they didn't know me. I think they thought I was O'Reilly Auto Parts when I bought my first subscription. But I stay with them because they made me some money. And Alex, pretty good stock picker. But it's a tough game now, as you know. So Alex, I got you got a book out. I want everybody to look at it. It's called the American Dream, why It's Still Alive and How to Achieve It. The American Dream, why It's Still Alive and How to Achieve It. But here in New York City, they just elected a communist mayor. And most of the people who voted for the communist mayor are under 40 years old and they don't believe in the American dream any longer. Why has that happened?
Alexander Green
Well, it's a good question, Bill. I wrote the book. It started a year ago when I read the polls that showed 2/3 of Americans no longer believe the American dream is attainable. And since then, it's gotten even worse. Now 70% of Americans don't believe that the American dream is achievable. And a lot of it has to do with what you mentioned, the negativity, relentless negativity of the mainstream media and of Course, what social media is even worse and what they're doing with Mamdani is they seem to believe that the American Dream is not an achievement, but some kind of an entitlement that you can go to the government office and pick up your American dream. It doesn't work that way. And the funny thing is, Bill, when I was a kid, everything was free. The meals were free, my toys were free, the parties were free. And all that meant was that somebody else was paying for it. Nothing, nothing is free. And when. So when Mandami offers all this free stuff, free education, free health care, free childcare, he's really just saying that somebody else is going to pay for it. And I think a lot of young people who struggle, I struggle when I was young. I'm sure you did too. They want someone to help them out. But the politicians are not the answer to your problems. You live the American Dream by working, living within your means, saving regularly, investing those savings at higher levels of return and then letting it compound over a period of time. And that's how you afford to live the life of your dreams.
Bill O'Reilly
Yeah, but that's not taught in public schools.
Alexander Green
No, it's not. It's not.
Bill O'Reilly
So if you're, if you go through the public school system, you are never going to hear how to achieve the so called American Dream. There are no classes on it. They don't, most of the teachers don't even believe it. And then if you come home and your parents are, you know, not doing very well, struggling, then you get cynical and say, this whole system is fixed for the rich. This is what Bernie Sanders pedals and I can't succeed. How do you persuade people who believe that they are wrong?
Alexander Green
But you begin by telling the truth when they're taught in school, especially in college, that capitalism, free markets, is all about greed and selfishness and exploitation. All it takes is one minute of plain talk to dispel these notions.
Bill O'Reilly
Who aren't going to do that, though? You see that? Well, it's a trap. I know you do and I do. And there are people, voices that are saying this is what it is. But they seem to be outnumbered, Alex, by the people, particularly the teachers unions, right, that are so far left they're telling the urchins, hey, we gotta go. Socialism, because the capitalists are greedy. And look at this, that and the other thing, I don't know how to overcome that.
Alexander Green
Yeah, well, it starts with realizing that socialism has been tried multiple times. It's never worked anywhere, any place, at any time. Capitalism means all it Means is you can have anything you want if you just provide enough other people what they want. That's why every time you walk into a store you hear how may I help you? And when they leave, you hear two thank yous. You say thank you because you want the merchandise more than the money. The merchant says thank you because they want the money more than the merchandise. And really the capitalist system is the greatest anti poverty program and wealth creator of all time. And you talk about what the media reports. What they don't report is we, we live in the most meritocratic nation on earth at the greatest time in history to be alive. The human lifespan has more than doubled in the last hundred years. Our standards of living have never been higher. Educational attainment in this country has never been greater. More people with a high school diploma, college diploma, advanced degrees, air and water quality has been improving for decades. U.S. household income and net worth is at all time record highs. The stock market is at a record high. Housing, how if the economy is terrible, is the stock market at an all time high? Is everybody just delusional except Democrats who are running for office?
Bill O'Reilly
I mean, it's a look ahead though on some of them with AI coming in and bitcoin and all this. So the stock market I don't think is a real good indicator of how people live day to day. I do think it's an elevator to wealth, but boy, you got to be careful on that. So the American dream to me, and I don't know if it coincides, I'm halfway through your book with you, is independence. And you're right. When I got out of Boston University with a master's degree in broadcast journalism, I had zero money, nothing. I had a borrower to put gas in my car to drive from Boston to Scranton, Pennsylvania where I got a job that paid me barely minimum wage, but I was happy to be able to start and I worked my way up. It took me 10 years to buy my first property, which was a condominium by Giant Stadium in New Jersey. But I saved for it. I wasn't looking for somebody to give me rent control or this or that. I just saved my money. And then I was successful in my career. I worked extremely hard, as you know, and you did the same, and then built up where I can live very comfortably and protect myself from the evils of the world because I have resources. That's the American dream to me. Am I missing something?
Alexander Green
No, that's exactly the American dream. And I think a lot of these young people, Bill, they can't do exactly what they want and so they don't work. When I was young, I thought, not what do I want to do, but who needs something done that I might be able to do for them? It's about putting yourself in service to other people's other companies. And eventually you gain the skills to do the kind of jobs you want and earn the kind of income you want and live the kind of life you want. But when you're starting out the idea of following your dreams, initially, no, you need experience, you need job skills. And to get ahead, you have to have those things in order to to live the kind of life you want to live. So I started the same way, Bill. No. No money, no great skills, no connections, no great prospects. But I always believed that I would somehow achieve the American dream. And that's what's so tragic about this 70% figure. Don't even believe it's attainable. I've never wasted a minute working toward any goal I didn't believe was realistic. And so when these kids, and it is mostly kids who are the most pessimistic, but these young people are so pessimistic about their outlook, it really is a. It's self defeating. Because if you don't believe that the American dream even exists, why would you strive to achieve it?
Bill O'Reilly
Okay.
Sean Spicer
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Bill O'Reilly
The advantage that you and I had, and I'm a little bit older than you, is that our parents were in. Mine were the Depression as children and then World War II, where sacrifice and deprivation and realistic expectations, that's the key. Were what was taught. So they didn't have this, well, how come I don't have a boat? How come I don't have a Mercedes? How come I'm not living in Park Avenue? I'm living in Levittown. And my parents are satisfied with Levittown, okay? Because they were scared there'd be another 1929 stock crash, so they didn't take a lot of chances. Now, that was the downside of the expectations that were minimal. All right? That's where we grew up. Now, a lot of parents cater to these kids. They get everything they want, as you pointed out, free everything. And they're coddled, and then all of a sudden, they're out in the real world going, how? Where's my $250,000 job? Right? Because they weren't taught that you got to sacrifice, you got to work hard. It takes a while. That's what the system is. I think that's the key to it.
Alexander Green
Well, they're comparing themselves to people on social media. They're looking at highlight reels of other people's lives and not realizing that their own situations are going to change. The difference between my net worth in my 20s and my net worth today is night and day. There was huge economic inequality between me in my 20s and me today, and that's the norm. You work, you save, you invest, you compound the money instead of spending it along the way, and you end up with the kind of net worth that can allow you to. To have the assets to live the life that you dreamed of.
Bill O'Reilly
But it's got to be a strategy. And again, that strategy is not taught enough. Last question. Because you are a stock picker. I'm a little worried about this market now because it's all time high and you got all the speculative money coming in with the AI stuff. All these companies are roaring. I've seen it before, and I got stops at your, you know, stop is I put on a stock that has profit for me, 20%, something like that down. And automatically when the stock goes down, it hits it, it sells. So I'm protected in that way, but I'm not buying Right now, Alex, I'm cautious. Am I wrong?
Alexander Green
You're not wrong, Bill. But the. By every objective measure, the market is very expensive right now. The s and P500 sells at about 24 times earnings versus long term, 16 times earnings. There is kind of an AI craze going on. Some companies are going to prosper, other companies are going to fail. And there's the craziness in meme stocks and crypto and whatever shows that a lot of animal spirits are on the loose. And it's inevitable we will have a correction and another bear market at some point. And it's okay if you've diversified and you're asset allocated and you run trailing stops, as you mentioned, you're protected. But trees don't grow to the sky. And the stock market's not going to continue going up like it has been forever. So we've enjoyed some big gains this year, but I think it's going to get choppier and a little tougher going forward.
Bill O'Reilly
All right, Alex. The book is the American Dream, why It's Still Alive and How to Achieve It. Alex Green, you can get it anywhere and we appreciate it, Alex. We'll talk again soon and if you get any inkling of something that you don't like in the economic system, let us know right away. Okay?
Alexander Green
I'll give you a call. Thanks for having me on.
Bill O'Reilly
Okay, Al, Sure. Epstein, you know, I don't like covering this story, but there's hysteria again. So I'm just going to walk through it quickly. Number one, the Democratic Party and the hate Trump movement wants to tie the President to Epstein, desperately wants to do that. They don't care if it's true or not. That's the key. They want to tie him. So there was this biggest area about releasing the so called Epstein files. I don't even know what they are. I don't even know if they exist. What I do know, because I talked to the President directly about it one on one, okay. Is that there is a hesitation for the federal government to release unverified documents associated with Epstein. Well, that happened today. Okay. So a Democrat in the House on the Committee of Oversight released some kind of, I don't know, document or something that says that President Trump knew about what Epstein was doing. All right, so this is based upon nothing. Hearsay emails between Epstein and a guy named Michael Wolf who is in business to destroy Trump and his family. But even in those emails, there's no accusation of anything. Now there is, according to this Democrat, a Donald Trump was in Epstein's house when a victim was in there. And the victim's name is Virginia Giuffre, who wrote a book. But what's interesting about Ms. Giuffre, who committed suicide, is that she denies that Donald Trump had anything to do with her. So where's the story? What's the story? Yet the dishonest media will run wild with it, and we'll play some of that tomorrow. So this is just a smear, another in a long line of smears. But the most important part of the story is you don't release unverified material attached to a heinous individual like Epstein. That is irresponsible. And that's just what happened here. All right. Turning Point Brawl. So Charlie Kirk, the late Charlie Kirk's organization went to University of California, Berkeley to put a seminar on. They were attacked by the usual far left fascists that don't believe in free speech. Eight people were arrested and the University of California issued some mealy mouse statement. Things got pretty heated. And this is just another example of the far left. Now, when I say fascist, most people think that's right wing. Fascist is no freedom of expression. It cuts across communism and any other right wing doctrine. No freedom of expression. Kamala Harris, still promoting her book, goes on a podcast and criticizes her administration, the Biden administration, for not being tougher on Israel. Go.
Kamala Harris
We should have done more as an administration. We should have done more. We should have spoken publicly about our criticism of the way that Netanyahu and his government were executing this war. We should have. We should have used. We had more levers in terms of leverage that we did not use.
Bill O'Reilly
We had more levers in terms of leverage. This woman is just gibberish. All right? You should have done more. Like what? Like what? This is what I mean. Okay. That's why she lost. She doesn't know like what. Hey, so Politico does a survey, 2051 US adults, who is the leader of the Democratic Party, and here's how it went down. I don't know. Is the first one 21% Harris, 16. Nobody. 11. Schumer, 8. Hakeem Jeffries, 8. Barack Obama, 7. Gavin Newsom, 6. Joe Biden.
Kamala Harris
4.
Bill O'Reilly
Bernie Sanders. 2. Cortez. 1. Hillary Clinton, 1. All right, so that is the leadership, I don't know, wins. I love that. How about the Republican side? Hey, Donald Trump is the leader of The Republican Party. 81%. I don't know. Six speaker the House, Mike Johnson, three. Nobody to J.D. vance. Two. There you go. I don't know A lot of gains in that area. What about this Congresswoman Jasmine Crockett, Texas, so far left. I don't know whether she's a socialist or not, but she far, far left. So according to Federal Election Commission, FEC, her campaign spent $75,000 on luxury hotels security. And I don't mind a security business because this is a controversial woman. She needs to protect herself. But living large, very large. Ritz Carlton hotel got a four thousand dollar bill. Whoa. New York City bill. 1100 is our hotel bills. So she's. They all do it. All of them. Sanders, Cortez, Crockett. They just run it up because it's not their money. They use donated money to do us. Back with a final thought in a moment. Okay. So I went to see Nuremberg last night. The movie Russell Crowe and Rami Marlech. I think that's how you say his name, Rami Malek. And the acting was very good. Production values were terrible. The lighting in that movie is awful. Anyway, Russell Crowe is going to get nominated for Academy Award for playing the heinous Herman Goering, second in command of Hitler. Roll the tape.
Russell Crowe (as Herman Goering)
Herman Goering.
Bill O'Reilly
I am Reich Marshall Herman Goering.
Russell Crowe (as Herman Goering)
Herman Wilhelm Goering, you are hereby charged by the United States of America, the French Republic, United Kingdom of Great Britain and Northern Ireland, and the Union of Soviet Socialist Republics on the following four counts. Crimes against peace, war crimes, crimes against humanity, and of a common plan or conspiracy to commit those crimes. The crimes against humanity you are accused of include murder, extermination, enslavement, deportation and other inhumane acts. This is a copy of your indictment. Do you have any questions?
Bill O'Reilly
Nine.
Russell Crowe (as Herman Goering)
Good day.
Bill O'Reilly
The Garry is found guilty, sentenced to hang and he. Somebody slipped him a cyanide capsule. American soldier slipped him a cyanide castle and he killed. Killed himself. But crow was lights up. All right. Can't really recommend the movie that much, but if you're interested in that period of history, which of course I am, and you like good acting, you might consider it. All right. Thank you for watching and listening to the no Spin News. I'm Bill O'Reilly. We'll see you again tomorrow.
Episode: The Price of Life in America, Alexander Green on Achieving the American Dream, & Democrats Release Epstein Emails Targeting Trump
Date: November 13, 2025
Host: Bill O'Reilly
Featured Guest: Alexander Green
In this episode, Bill O’Reilly delivers his analysis of the current U.S. economic situation, breaking down how Americans perceive their financial well-being and its political implications. He hosts economist and author Alexander Green for an in-depth discussion of the American Dream: whether it’s still attainable, why so many doubt it, and what’s required to achieve it. O’Reilly also addresses recent developments in the political use of Jeffrey Epstein emails targeting Donald Trump, critiques Democratic Party leadership, and briefly reviews the film Nuremberg. The episode’s tone is direct and critical, focusing on fact-based analysis and skepticism toward mainstream narratives.
“If Americans are doing well…Trump will retain his power… if the economy is not doing well, the Democrats will make gains. That is the truth.”
— Bill O’Reilly [00:46]
“Unemployment right now, last month, 4.3%. When Trump took office, it was 4.0%. So it ticked up point three. Just nothing. If you want a job, you can get a job. Maybe not the perfect job, but there’s plenty of jobs.”
— Bill O’Reilly [02:30]
“Home insurance across the country, up an average of 38% since Donald Trump took office… that’s where people are getting hammered, right there.”
— Bill O’Reilly [08:35]
“Now 70% of Americans don’t believe that the American dream is achievable.”
— Alexander Green [13:47]
“Nothing is free. And when Mandami offers all this free stuff…he’s really just saying that somebody else is going to pay for it.”
— Alexander Green [14:32]
“Capitalism… is the greatest anti-poverty program and wealth creator of all time.”
— Alexander Green [16:44]
“We live in the most meritocratic nation on earth at the greatest time in history to be alive.”
— Alexander Green [17:08]
“I wasn’t looking for somebody to give me rent control or this or that. I just saved my money… That’s the American dream to me. Am I missing something?”
— Bill O’Reilly [18:33]
“If you don’t believe that the American dream even exists, why would you strive to achieve it?”
— Alexander Green [20:31]
“Trees don’t grow to the sky. And the stock market’s not going to continue going up like it has been forever.”
— Alexander Green [24:54]
“[On Epstein emails:] The Democratic Party… wants to tie the President to Epstein… They don’t care if it’s true or not.”
— Bill O’Reilly [26:07]
“[On Kamala Harris:] This woman is just gibberish. All right? You should have done more. Like what? Like what? This is what I mean.”
— Bill O’Reilly [30:19]
Bill O’Reilly’s episode takes a critical but pragmatic look at the U.S. economic landscape and the narratives shaping Americans’ sense of security and opportunity. The discussion with Alexander Green offers a defense of the American Dream centered on personal responsibility, financial prudence, and realism about both capitalism’s strengths and social challenges. The show’s latter segments feature pointed critique of political opportunism—especially attempts to link Trump to Epstein—and a quick cultural review, maintaining O’Reilly’s trademark “no spin” ethos.