Bill began Thursday's No Spin News by revealing that he has reluctantly filed a lawsuit against a smear merchant who was particularly vicious.  "I didn't really want to do this," he explained, "but I have to stop the madness.  There is a witch hunt going on and a lot of people are getting hurt.  We went along for a while and tried to put forth our point of view, but it never really got reported and we have to bring it into the courts.  When somebody lies about me going forward, I am going to sue, even though I am not a litigious guy.  I believe I am one of the few who has said I didn't do anything wrong, and I stand by that." 

With that out of the way, Bill turned to tax reform, which seems to be moving through both the House and the Senate.  The latest measure, which puts tax reform on a "fast-track," passed the House Thursday by a narrow margin.  "Every Democrat voted against," Bill reported, "and 20 Republicans voted against it as well, primarily because it knocks out the state and local tax deduction.  So here in states like New York, that is a big deduction that wealthy people won't have any more.  I will wind up paying more, but I don't mind.  I want you to get a tax cut, I want people who don't have a lot of money to get a tax cut, and I want corporate tax cuts because I believe that will expand the economy and create jobs."  He reiterated, "It is the death blow to the Republican Party and President Trump if tax reform fails." 

For more on tax reform and its prospects in Congress, Bill welcomed Adam Michel of the conservative Heritage Foundation.  "The draft of this is supposed to come out sometime next week," Michel began, "but right now we only have some broad outlines.  Anyone who tells you this person's tax burden will go up or down is speculating."  Michel predicted that tax reform will face hurdles in the Senate, but will ultimately pass, perhaps even with some Democratic votes.  "Once people see that tax reform will pass," he said, "you will start seeing some Democratic defections because Democrats can't vote against tax cuts for their people.  This will make America competitive again and will bring tax cuts to individuals.  This is all about being a benefit to Americans."

Despite its potential benefits, Democratic leaders are almost uniformly opposed to tax reform.  Michel reported that those leaders have performed an astounding ideological pirouette:  "Just a few years ago, leading Democrats like President Obama and Chuck Schumer and Nancy Pelosi were saying that business taxes are too high, that we need business tax reform to make America competitive again.  Now they have completely reversed that narrative, so it's a political game.  The Democrats are calling this a 'tax cut for the rich,' but that's not the case.  When corporate taxes go down, wages go up and this will benefit average American workers." 

On another important issue, President Trump has declared opioid addiction a national health emergency.  With that in mind, Bill put forth this exposition:  "We are living in a world where drugs are cheap and where the demand for drugs is enormous.  People want to intoxicate themselves with opioids, marijuana, alcohol, and other intoxicants.  It's a huge business and people are dying!" 

Knowing full well that the USA cannot enact or enforce ultra-draconian laws like those in Singapore, Bill recommended that law enforcement take a few common sense steps.  "This is a public safety issue," he said, "because of what people on drugs can do to you and what drug addicts and alcoholics do to themselves and their families.  The government can help solve it, but has never been able to find the right strategy.  The states should pass laws saying that if you are convicted of two crimes while having drugs in your system, you have to go to rehab.  That would take away a lot of the demand.  On the supply side, I have always said that selling hard drugs is a violent act.  Barack Obama totally destroyed that mindset by talking about 'low-level drug sales,' he didn't want people going to prison.  I disagree and think there should be harsh punishment on people who sell hard drugs." 

Bill then reported the news that federal spending on Social Security has now surpassed $1-trillion a year and takes up 24% of the entire budget.  Also, more than half of white Americans now claim they are victims of discrimination.  "We have devolved into tribes," Bill lamented.  "We're African-American, we're Hispanic, we're white, we're Asian, and we all think we're getting hosed.  I don't think I'm discriminated against because I'm white, but because I'm obnoxious."

In their emails and message board postings, Premium Members focused on the burgeoning Uranium One scandal, the prospective indictment of former Trump campaign manager Paul Manafort, and the current madness that reigns on many universities. 

Before signing off, Bill took a moment to heap praise on the man who co-wrote the 'Killing' books, most recently 'Killing England.'  "Martin Dugard is," Bill declared, "the best researcher in the world."