Bill O’Reilly: Stock market MELTDOWN is ALL Biden's fault

Bill O’Reilly says the ‘stock market meltdown’ is the ‘final nail’ for Team Biden. Why? Because hard-working Americans who save money for retirement and spend it responsibly expect just one thing from government in return: For it to run efficiently and honestly. But, instead, we’re now stuck with the ‘most incompetent government of the last 150 years,’ Bill O’Reilly says, and YOUR wallet, savings, and net worth are taking a direct hit because of it. It’s all thank to Joe Biden, O’Reilly tells Glenn, and this financial mess has gotten SO BAD that O'Reilly says this is the biggest story of the YEAR.


Below is a rush transcript that may contain errors

GLENN: We've been curious. We've been talking about it off the air. What you think the biggest story of the week is this week. What is it?

BILL: Stock market meltdown. Stock market meltdown.

So this is the final nail, to use a cliché.

So people in America work hard. The majority of us are not dope dealers. We're not layabouts. We work hard. The responsible people, the good dads, the good moms, they put money aside for their children's education. For their retirement. So they don't have to depend on the dole, or handouts from anyone.

They expect in return for their hard work and responsibility, a government that runs efficiently. And honestly. That is the expectation that Americans have. We are now seeing the most incompetent government of the last hundred 50 years. That's what we are seeing. And if you look at your statement, at the end of June, and I hope you don't, you'll see that your net worth is down huge. And you already know that you're paying more for everything you need. And there's one person responsible. One. Joe Biden. That is by far, the biggest story, not only of the week, but of the year.

GLENN: I have to tell you, Bill, I've never seen a White House more out of touch. I mean, they just keep doubling down, that this is Putin. Or this is somebody else's fault. And this isn't about inflation.

BILL: And that makes people even angrier.

GLENN: I know. I know.

BILL: Because they know it's BS. It's like when your kid comes in and lies to you, about where he or she has been. If you're a responsible parent, you don't really like that. And that's what this guy is doing.

GLENN: Yeah. And, you know, what's worse, when you say to your kid, look, okay. I'm going to give you a chance to revise that answer. Don't lie to me. Tell me the truth. And he's had chance after chance after chance. Over and over and over again.

BILL: Well, Biden hasn't given an interview to anybody, but Jimmy Kimmel. That's like being interviewed by an Egyptian mummy.

GLENN: Now, wait a minute.

BILL: I like Kimmel personally.

GLENN: Hang on. Yesterday, they did have an interview with a muppet from AP.

BILL: Right. And that's what I was going to say. Doesn't do many interviews. Yesterday, he said, oh. People are very, very concerned. No.

They're not concerned. They're furious. So when you and I speak on Fridays. Which, by the way, I never take for granted. And I appreciate you having me on your program, every Friday. I just want everybody to know that. You and I, we have a tendency to advance the story. Because people know what's going on. You don't have to tell people the economy is bad or you're getting hoaxed. They know.

Now, there are some people in denial. They blame Trump or Putin, or they're blaming Hillary Clinton. I don't know who they're blaming. Warren Harding. But everybody who has an IQ, knows it's Biden's fault. But Biden doesn't know. And that's really the danger here.

So when Biden tells you, oh, it's Putin. Oh, no, no. It's the oil companies. No, I'll write them a letter. I'm going to write them a letter. When he does stuff like that, he actually believes this stuff. It's not like he's Nixon, trying to, you know, lie his way out of Watergate. No. Biden is so incapacitated mentally, that he believes the garbage his advisers put in front of him. He doesn't write any speeches. He doesn't even edit any speeches. In my life, I have never heard of a president not editing a word that was put in front of him. Trump didn't write any speeches. But he edited it heavily. But he ad-libbed. It's in a great way. But Biden, you put it in front of him. He'll sign it or say it. He doesn't know what the deuce is happening.

GLENN: All right. So let me -- let me go to the SCOTUS thing. And there's many things to talk about with SCOTUS. But one is the New York Times has reported now, that looking at an executive order, possibly declaring a national medical emergency. If Roe vs. Wade is overturned. Which would give him all kinds of power, to do all kinds of stuff. He's also looking at sending abortion doctors to the military bases in states that say you can't do abortions here. The -- the other option is also to start taking taxpayer dollars and giving them to women, who want abortions and will have to fly out of state. How do you think these will fly?

BILL: Well, it will all be challenged in federal court. And he will Hughes. So Biden will lose. But will he try? Sure. He will try a stunt. And, again, he won't even know what the stunt is. They'll just say, sign this executive order. And he'll sign.

And then he'll go, can I go to Rehoboth Beach now? And they go, yeah, Joe, you can go now. It's Thursday at 2:00. Your -- your week is over.

But they'll do a stunt. Because the Democratic Party has nothing. So the January 6 maybe fell on its butt. Who cares about it? No one. Now they have to try to gin up the abortion thing. It's not going to work because the Supreme Court is going to say, essentially, Roe v. Wade was not based on any constitutional tenet, which is true. Therefore, the Tenth Amendment kicks in. It goes back to the state. That is the Constitution. That is what is going to happen. And the states will then make their own laws. Now, Biden then will immediately try to stunt it. And say, oh, no. I'm going to save all the women's health. But as soon as he signs anything, it will go into federal court. They'll stop it. And the Supreme Court will go, well, we already ruled on this. We already ruled on it. So you can't do it.

GLENN: Bill, did you see -- did you see the Jane's revenge threat letter that went out?

BILL: Beck, you've got to watch the No Spin News every night. I led with it. I led with it. And you know what happened today?

GLENN: What?

BILL: The Justice Department came out and said, oh, we're going to investigate. Okay. I said last night on the No Spin News, BillO', and all of our other distributors all over the world, just like TheBlaze is, I said, this is outrageous. This is terrorism. Jane's revenge is a terror group. Where are you, Merrick Garland? And today, this morning, the Justice Department said, oh, I'll look into it.

GLENN: Yeah, but do you believe it?

BILL: I don't believe Merrick Garland will do jack. Look, they're ramming white supremacy down everybody's throat. And outside of a couple of hobos, in whatever it is. Proud Boys. They die. Nobody knows what this is. But this Jane's revenge firebombed a clinic in Buffalo, New York, a few days ago.

GLENN: There's been 40 in the last 43 days.

BILL: And they brag about it. They brag about it.

GLENN: I know.

BILL: It's like ISIS. And they use the same ISIS technique. And you are talking to the guy who knows more about ISIS, than anybody else. Because of Killing the Killers. The same ISIS techniques. Where they don't have a website. They don't have a Twitter handle. They use these nefarious pop-ups, to get their threats out. But the FBI can ram them down. In a week, easy. The FBI can get them. Will Merrick Garland do it? No. I don't believe he will. And if he does, I'll apologize.

GLENN: Yeah. Me too. Bill, let me go back to gas for a second. Joe Biden is pushing this narrative, and everybody in the White House. That these oil companies are, you know -- they're not doing their patriotic duty. And he, again, this week. This would make two threats in one week. He said, he has the power to issue a national emergency, and get these -- these gas and oil companies, to start drilling and do their job. All of the oil companies and gas companies are like, we do it, you won't let us. Is this -- what is this?

BILL: So the first day in office, he signs an executive office order, stopping a lot of drilling and the pipeline, and imposing regulations. I'm going to order you to drill. I said, you're the moron who did it in the first place.

GLENN: Crazy.

BILL: Who crippled the American fossil fuel industry. And now you're ordering us to do something? Number one, he can't order them to do anything. Even if he does another crazy dopey executive order. But it just shows you, he has no idea. A rational person, somebody who actually knew what was happening, would say, you know, I was it is guy who stopped all of the harvesting. And now I'm going to order them to harvest. Maybe we want to word it a little bit differently. But no. This is really the tragedy of the country now.

GLENN: Let me take you to one more topic. I'll take a break. But Bill Clinton said yesterday that for the first time, he truly fears for the republic. Or he said, democracy. That he -- he suggesting that if the Republicans win, we're going to be a fascist nation. The fascism that I worry about, I have seen from the left. Not from the right. There is no, you know, national emergency on everything coming from the right. They're not building up more and more power. And I fear that this is a -- a trial balloon. Or sending out the message, that, you know, democracy is on the ropes. But I wanted to ask you, have you ever heard a president of the United States say that before? About the American people, and half of the country? We'll get your answer, when we come back. It's Bill O'Reilly. And make sure you grab Killing the Killers. You can find special deals on it at BillO' Killing the Killers. Perfect for Father's Day. All right.

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GLENN: So, Bill, let's talk about Bill Clinton and what he said yesterday. Your thoughts on that. And have you ever heard a president say that about his own countrymen?

BILL: I don't really take Mr. Clinton's hyperbole that seriously. You know, and that being said, he's the smartest of all the Democratic politicians in the last 30 years.

GLENN: Yes. Yes.

BILL: He was actually smarter than Obama, and Obama is smart. But Bill Clinton understood the tempo of the country. And, of course, he went -- he wasn't the doctrinaire liberal like his wife is. And then when things got rough for him, he pivoted very hard into law and order. No welfare. All of that kind of stuff. Because he knew the mood of the country was there. And you could say he's -- but I've talked to him a number of times.

GLENN: Sure.

BILL: He knows what's going on. So I don't really take that as anything seriously. I think that Bill Clinton knows if an aggressive wing of the Democratic party has now ruined the Democratic Party at least in the short-term. I think he well understands that. That's what should have been asked, if the interviewer had any sense. But, of course, you know, what's going on there. Because Clinton -- he -- he's not -- he's not like Hillary. I mean, he's not that. I saw what he is. But I said within okay. This is just playing for the crowd. Whatever he thinks they want to hear, he's going to say.

GLENN: I think Bill Clinton would be a -- you know, a guy who is -- you know, a little corrupt, if you will. But I think the Clinton initiative and all the real deep corruption comes from his -- his spouse.

BILL: Yes.

GLENN: Bill, tell me about this weekend. What do you have planned, and what do you have on sale for

BILL: Well, my urchins are going to take me out to dinner, but when I asked them who was paying for the dinner, there was silence.

GLENN: That's strange. I have the same thing. Oh, you're taking me out to dinner. Oh. And I'm paying. Okay.

BILL: Yeah. Yeah. So no appetizers.

GLENN: Yeah.

BILL: If you've been to a restaurant lately, number one, they're jacking up the prices like crazy. And, number two, they're cutting the portions. Come on. So that's what they're doing.

And then, two, if you haven't gotten dad a gift, please don't. Use your mind and we have a deal on BillO' That if you give dad a premium membership, you get any book free, including the number one book in the world right now, Killing the Killers. But you can get any of my books free. And if you buy Killing the Killers outright, we'll give you Killing the Mob free.

And I'm doing that, Beck. Because, you know, I do feel sorry for wage earners. And they're getting hammered and they don't know what to do. So I'm going to give you something free, I'm going to give you something free. And that's the way we are. That's the way we are. We are generous guys.

GLENN: Yeah. I will tell you, Bill. When people like you or people like me are shocked at the gas pump and say, good heavens. I mean, this is insane. When it is affecting people like us, I cannot even imagine the average person. God bless you. Thank you, Bill. Have a great Father's Day. BillO'


Glenn reads leftists’ CLUELESS reactions to SCOTUS decision

The far-left proved once again it’s members care very little about ‘peace.’ In fact, some reactions from leftist, blue checkmarks on Twitter show just how ANGRY they can be…especially when it comes to the Supreme Court preserving the Constitution and returning rights to the STATES. Glenn reads several of their reactions to SCOTUS' recent decision that further protects the Second Amendment...


Below is a rush transcript that may contain errors

GLENN: Boy, I just wanted to go through some of the blue checkmark responses from yesterday. Because, gee. I just -- I just don't -- I just don't know what else to say. They were so right on target. Now, that's -- that's a joke. I didn't mean it. I didn't mean it actually target. You know, like Sarah Palin actually meant it. Alicia Sultan. Or Ashia, or whatever her name is. She says, God forbid. Listen, you're listening right now to a guy who is in the Radio Hall of Fame. I am so good at what I do. I don't even need to know how to pronounce names. I don't have to. They were like, this guy is like a radio god.

Yeah, but have you heard him?
Yeah, put him in the Hall of Fame.
Anyway, she said, God forbid, someone you love gets killed by gun violence. I second that. Second Amendment fetishizing will never bring that back, or a make that loss easier to bear. Yeah. I agree with that. I mean, hang on. Let me just take the ball out of my mouth here. I have this fetish thing with the Second Amendment. It is hot. Too many people believe that unfettered access to guns will never hurt someone they love, until it happens. Okay. I don't know what your point is really here. Marion Williams says. People will die because of this. And to be very clear, now, listen to this argument.
To be very clear. They're not doing this to protect the Second Amendment. They're doing it to protect the primacy of property rights.
Well, gosh, that's a good reason to do it too, I guess. Huh. I didn't even think of the property right part. But thanks for pointing that out, Marion. Neil Cattial says, it's going to be very weird if the Supreme Court ends a constitutional right to obtain an abortion next week. Saying it should be left to the states to decide, right after it imposed a constitutional right to conceal and carry firearms. Saying, it cannot be left to the states to decide.
Neil, here's what you're missing, dude.One is actually in the Constitution. It's called the Second Amendment. That tells the federal government, and the states exactly what they can and cannot do. What government cannot do. There is no right to abortion. I -- show it to me. Show it to me. When you can show it to me, I will change my argument. That, when it's not in -- I'll talk slowly for you, Neil.
When it's not in the Constitution, then, there's this part of the Constitution and the Bill of Rights. It's -- it's -- just look for the number ten. Okay? And that says anything that's not specifically in the Constitution. That goes then to the states. Yeah. Look at you. You're going to read something.
Jill Flipuffock says -- says the kind of people who desperately want to carry concealed weapons in public, is based on a generalized interest in self-defense are precisely the kind of paranoid, insecure, violence, fetishizing people, who should not be able to carry a concealed weapon in public. Okay. So let me get this right.
If you want to carry one, you're the kind that shouldn't carry one. So, in other words, when -- this is right. Jill, my gosh, my whole world is changing. Thank you for this. Now I understand when Martin Luther King went in and said to the state officials, hey. I need to have a concealed carry permit. He's exactly the kind of guy, you Democrats didn't want to carry a gun.
Yes! Jill, thank you for that enlightenment. David Hogged says, you're entitled to your opinion. But not your own facts. And like your own facts, you're not entitled to your own history. That's exactly what the Supreme Court decision is. It's a reversal of 200 years of jurisprudence that will get Americans killed. David, David
Have you read a book? Come on. Do you know anything at all -- name three founders. Can you do it? Right now, think. Go. Can't do it, David. 200 years.
Our -- the only times -- the only times in our history, and you wouldn't know this. Because you bury all the left. Buries the Democratic history.
The only time that we have any kind of history, where we're taking guns away from people, is when the government is afraid of those people. When the government gets really, really racist. Okay? That's why the Indians, yeah. That's why they're living on reservations now. Because we took away their guns. Yeah. Yeah.
That's why after the Civil War. And before the Civil War, slaves could not have guns. Why?
Because they might defend themselves. And then, after they were freed, oh, my gosh, the Democrats freaked out. Those freed slaves, will have a way to protect themselves. And they got it done through all kinds of laws, kind of like what you're doing now.
Thank you, David for writing in. You're special. March for Our Lives. Blue checkmark said yesterday.
The court's decision is dangerous. And deadly. The unfairly nominated blatantly partisan justices put the Second Amendment over our lives. No. I -- I -- may I quote the Princess Bride? I do not think those words mean what you think they mean. Okay?
Second Amendment is there, to protect our lives. To protect our property. And to protect our freedom.
I just want to throw that one out. The blood of American people who die from needless gun violence will be on their corrupt hands.
Okay. Wahajit Ali (phonetic) said, let's have a bunch of black, brown, and Muslim folks carry large guns in predominantly white neighborhoods.
I know the Second Amendment advocates will say that's great and encourage it. Because American history proves otherwise. We might get gun control. But we would also get a lot of chalk outlines.(laughter)Mr. Ali, you are so funny.
See, what you fail to recognize is that all of the people that you say are racist, aren't racist.
There are racists in this country, a lot of them seem to come from the left. You know, like the socialist Klan members. Or the socialist Nazi members. You see what they have both in common?
Yeah. Democratic Party. Anyway, Mr. Alley, if someone wants to carry a gun. And they're a Muslim. I have absolutely no problem. You're brown, you're pink, you're polka dot. You have covid and you're not wearing a mask. Or you don't have covid, and you're wearing 20 masks. And you want to carry a gun. I'm totally fine with that. Now, if you get a bunch of people. And, again, I don't care what color they are. Marching down my neighborhood, with large guns. Yeah. I am going to call the police because that's unusual.
What are you doing? We're just marching with our guns. Why in my neighborhood at night?
None of your business. Does Kavanaugh live around here? See, there's a difference. There's a difference. Right-wingers can freak out about nullification or packing or whatever.
No one cares. You broke all the norms of decency, democracy, and fairness. Oh, my gosh. Oh, wait. Wait.
This is from David Atkins. He has a great solution. At the end of the day, California and New York are not going to let Wyoming and Idaho tell us how we have to live in a Mad Max gun climate hell.
Oh, my gosh. David, let's break some bread, baby. Let's come together. Yeah. All right. Let me do my best Marianne Williamson.
Yeah. Yeah. Because we can come together. What you just said is the point of the Tenth Amendment. California and New York, I don't want to live like them.
You don't want to live like us. So let's not. Let's not. However, there are ten big things. And I've heard they've added to these. But there are ten big things, that no government in the United States of America, can do. Now, you want to change that, let's change it. Because what's so crazy, is there's this thing called the amendment process. You want to change the Constitution, you don't -- what -- all norms of decency. Democracy and fairness. You don't break those.
You want to change those amendments. You can do it. All you have to do is go through the amendment process. And then if you say, everybody has to have a pig on their lap. You get the states to vote for that. Put it on the amendment. You have it. Now, probably there would be another amendment that comes later. That says, hey, the big in the lap thing is really, really, stupid, and I think America lost its mind temporarily. So we're going to scratch that one out. From here on out, no. Absolute must have a pig on your lap kind of loss. Okay?
But both of those would be done through the amendment process. That would be doing it the decent way, the fair way, and the Democratic way. But David, you are cute. When you think, you're cute. Tristan Schnell writes in, when American service members die oversees, their caskets are brought to Dover Air Force base to be displayed and mourned. No, they're not displayed. I don't know if you've noticed this. But we try not to display the dead. But when Americans die because of gun violence, their caskets should be brought to the steps of the Supreme Court. So the justices can see what they've done. Yeah.
Tristan, I like that. Why don't we take every baby that's been aborted, and put them in a bucket. I mean, we're going to need a big bucket. Because there's millions of those.
And let's dump them, on the front steps of the Supreme Court. So they can see what they've done. Wow!
I got to thank all the blue checkmarks. Because you've really turned me around.


Why the Fed’s ‘MATH PROBLEM’ may result in MORE inflation

Yes, it’s possible for our economy to suffer from extremely high inflation while certain goods, products, and services experience DEFLATION as well, Carol Roth — a financial expert and author of ‘The War On Small Business’ — tells Glenn. The Fed actually is TRYING to deflate the economy, Roth explains. But while they’re saying one thing, the Fed’s current policy shows the exact opposite. And that ‘math problem,’ Roth says, is what could cause our economy to experience even more, ‘prolonged’ inflation. It’s a ‘dire situation,’ and there seems to be ZERO leadership willing to fix it…


Below is a rush transcript that may contain errors

GLENN: Is it not possible to have super high inflation, on some products. And super low deflation. Prices that are -- that are crazy.

Because they -- nobody is buying them, in other categories. Is that possible to have both of those?

CAROL: Yeah. I think that the best analogy for that would be kind of the '70s. And something that looks for stagflation. Where the economy stagnates. And it stagnates, like you said, because all the money has been sucked up in a couple of categories. And there really is a lot to go around in other places. There's not a lot of investments being made, and what not. But we still end up having high inflation. And we are certainly, a lot of people feel like we're in that sort of stagflation, you know, arena, right now. And it can continue on the trajectory. But you have to remember in terms of deflation. I mean, that's what the Federal Reserve is trying to do. They are actively trying to deflate, you know, not just the bubbles and assets, but they're trying to deflate spending, to cool off the economy. That's why they're shutting off their balance sheets. That's why they're raising their interest rates. It's meant to cool off demand. And that's the math problem that I keep talking about. They keep saying, oh, the consumer. And businesses are going to save us from a recession. But at the same time, the policy is meant to do the exact opposite. The policy is meant to make it, so that people aren't able to spend in the same way. So those two objectives are at odds with each other. And so I do think, that we could end up in this prolonged period, like you said, where the inflation hasn't quite gotten under control. Especially since we have so many supply demand imbalances in our economy. We have a labor imbalance. We have a food imbalance. We have an energy imbalance. And we have a commodity imbalance. And that's not going to it be solved by any monetary policy. That requires real action. And we don't have leadership, that's willing to lead or frankly do anything.

GLENN: So we have -- as I see it, we're looking at a situation. Again, I'm going back. And please, correct me where my thinking is off. But I'm going back to the Great Depression. So people were afraid. They held on to their money. They spent what they had to, and what they could afford. But nothing else.

That caused the labor market to shoot out of control. To -- to about 25 percent unemployment. Because the factories were closing down. Because no one was buying anything, from the factories. Which then, in turn, made FDR say, we're going to build the Hoover damn, to give people jobs. But it was all the government money, which would have just caused more inflation, if I'm not mistaken. Had it not been for the -- and I hate to say it this way. But the saving grace of the Second World War. Right? Were we in a death spiral? I mean, the war was definitely a different kind of reset. And I think a lot of the logic that you're talking about makes sense. If consumer sentiment is really important. And it becomes a self-fulfilling prophecy, if people don't feel confident, they don't go out and spend. They're worried about their inflation. And being able to feed their family. And get to work. They aren't going to spend -- I think there are a couple of things that we have that are different. And it's not necessarily better for the average American. So I just want to be clear. That I'm on your side, and I'm not saying that it's better.

But because of this huge supply and demand imbalance. We have two jobs available for every person looking. The likelihood is that that probably contracts to be, you know, a better match, than having massive unemployment just because of that scenario is going on. And we also have a whole slew of Americans, who are doing -- you know, have done very well. They have been the beneficiaries of this giant wealth transfer from Main Street to Wall Street. So I think we're going to have a lot of, you know, different outcomes. You know, that inadequately, that's been driven by government policy. And that's never a good thing. Because, you know, the social unrest that comes with it. And rightfully so. Because, you know, these policies have really put the middle class. The working class. And in some cases, the lower class, at risk, to the benefit of the people on the inside. And so the numbers on average, may not show how dire the situation is. And so they'll be able to spend. And say, oh, everything is great. And the consumer is doing well, when people are really struggling. And, you know, that's going to be when we continue to just be furious. And, you know, demand something be done about that.

GLENN: Carol, thank you so much for everything that you do.

She's just issued a new paper. A new piece for TheBlaze. What the heck is going on in bitcoin. And you can find that at What is going on with bitcoin, by Carol Roth. Thanks, Carol. God bless.


Glenn: I didn't think Roe v Wade would end in my lifetime

GLENN: We just have to take a minute, and just think of the miracle we just witnessed.

There isn't a soul, not one soul, in this audience that thought that this would happen. Like this. This fast.

I didn't think it would happen in my lifetime.


'This is how I spend my vacation': Glenn gives behind-the-scenes look at new radio theme recording

If you have ever wondered where Glenn gets the music for his radio show or assumed he used pre-made stock music or cheap computer software, now you know, it’s the real deal. Glenn's vacation technically started this week, but that couldn't keep him away from his natural habitat—the recording studio—where he spent several hours working on an updated radio theme track with pro composer Sam Cardon and Millennial Choirs & Orchestras (MCO).

Glenn was looking for something that sounded more urgent, and from the preview Glenn shared, it sounds like the creative team nailed it. The epic score sounds like it would easily feel at home in a Lord of the Rings or Star Wars film.

The new theme will be on air at a future date, but if you can’t wait, make sure to watch the video for a sneak peak!