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| All content taken from The O'Reilly Factor on Fox News Channel. Each weeknight by 6 PM EST a preview of that evening's show will be posted and then updated with additional information the following weekday by noon EST.
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| "President Obama has opened a new front in his battle against Mitt Romney by going back to the 'tax-the-rich' mantra. So say hello once again to our little friend, class warfare. But the ghost of Ronald Reagan may be haunting President Obama. 32 years ago America was also in trying economic times - President Jimmy Carter had expanded the federal government and lost control of the private sector. Unemployment and inflation were very big problems and challenger Ronald Reagan took full advantage. In his inaugural address, Reagan said the tax system 'penalizes successful achievement.' He dropped the federal income tax rate for the highest earners from 70% to 28% and kept the federal government mostly in check during his eight years in office, adding about 12,000 workers in that time. By contrast, Jimmy Carter added almost 100,000 federal jobs in just four years. During President Obama's first three years in office, the feds have added about 130,000 employees, more than ten times what Reagan added in eight years. So you can see that Mr. Obama's philosophy is the exact opposite of Mr. Reagan's. History shows that President Reagan was successful in reviving the economy, which is why President Obama's policies are a bit perplexing. Since June of 2009 there have been 2.6 million jobs created, but 3.1 million people have gone on disability. The math is clear - American workers are leaving their jobs to get paid by the taxpayers, which is a disaster for America. Yet Mr. Obama continues to believe he can tax his way out of the situation. But suppose Mr. Obama gets his way and is able to raise taxes on those making more than $250,000 a year. That would generate about $85 billion a year in increased revenue, which is what the feds spend every eight-and-a-half days. So it's all a ruse! Let me ask you - if Ronald Reagan was successful in reviving the American economy by dropping tax rates for everybody, why would anyone think President Obama can revive the economy by doing the opposite? Talking Points would support federal tax hikes on the wealthy if I thought it would help the folks, but there's no evidence that more revenue to the government would do anything other than allow President Obama to hire even more federal workers. This is 1980 all over again!" |
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Guests: Brit Hume
The Factor asked FNC analyst Brit Hume to assess the administration's push for higher taxes on the wealthy. "I think this is designed to underscore the fact that the challenger is a man of considerable means," Hume theorized, "and to put Mitt Romney in the position of defending lower tax rates for people like him. It's part of the big campaign theme against Mitt Romney, that he's a rich guy. But I'm just not so sure how much mileage is left in that issue - all the people who are going to vote against him because of that are already going to vote against him." Hume also harkened back to the dark days of 1980. "We had stagnant growth and inflation in the latter years of the Carter presidency. I don't think very many people would argue that the Reagan tax cuts didn't help the economy, obviously they did." The Factor urged the administration to put ideology and class warfare aside: "What President Obama has tried hasn't worked and everybody knows it hasn't worked. So why not just try a little Reaganesque stuff?" |
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Guests: Mary Katharine Ham and Juan Williams
Illinois entrepreneur Robert Itzkow plans to open a lavish $3 million strip club right next to a convent and retirement home. Fox news analysts Juan Williams and Mary Katharine Ham stripped the issue to its bare essentials. "I don't want to come across as a prude," Williams said, "but this is antagonistic to a religious institution. You can imagine strippers dressing up as nuns to entertain their customers, and you can also imagine that nuns would be subjected to taunts from unruly men." But Ham, no fan of strip clubs, contended that no one's rights are being trampled. "I don't know that their civil rights or right to religion are being violated, but the club owner has been pretty mean to these elderly nuns. This looks like a David vs. Goliath situation, and the sisters are taking this to the court of public opinion, which is where they will win." |
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Guests: Jesse Watters
Like many Americans, Factor producer Jesse Watters spent his Fourth of July on the beach. He was there not to relax, but to ascertain what some young Americans know about our nation's founding and the Declaration of Independence. A tanned and toned Watters returned to the No Spin Zone with his findings. "We interviewed 27 people," he reported, "and 55% had no clue about the founding of this country. I looked for young people who were attractive and have a very distinct look." Factor, dismayed by the findings, nevertheless took a moment to recognize that Monday was Watters' 34th birthday. |
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Guests: Bernie Goldberg
The Factor asked Fox News media analyst Bernie Goldberg whether the Obama-friendly media have become slightly less enamored with the President. "I have said on this program," Goldberg replied, "that from time to time the media will be tough on Barack Obama. But if there's a suggestion that this may be the beginning of a historic change in how the so-called mainstream media treats liberal Democrats like Barack Obama, no way is that happening!" The Factor accused some reporters of promoting their own politics: "What Bernie and I are trying to get across every week is that many powerful people in the media don't want to tell the truth to the people. It's more important to them to get their ideology in play than to let the folks know what the truth is, and that's a total change from what the media was thirty or forty years ago." |
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| The Factor ended Monday's program by replaying a portion of last year's interview with actor Ernest Borgnine, who died Sunday at age 95. Borgnine spoke about being part of an all-star cast in "The Dirty Dozen." "It was a disciplined kind of disorder," he recalled. "Telly Savalas was doing one thing, somebody else was doing something else, but it all congealed to make one solid picture." The Factor lauded Borgnine as a great actor and a good man: "We don't do a lot of celebrity stuff, but you are a living legend. If Hollywood ever needs an ambassador, you are the guy." |
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Madeleine Crowther, Glasgow, Scotland: "O'Reilly, strange for such an astute broadcaster to demonize all those claiming disabilities in the workplace. Where's the compassion?"
Steve Schweitzberger, Littleton, CO: "If an American is not making three grand a month he is better off on the dole. Parasites are consuming the host."
Scott Welshm, Kyle, TX: "I would like to see legislation passed that everyone must purchase Killing Lincoln or be taxed." |
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| Monday's Tip: If you want to slim down a bit, drink a glass of water with lemon juice in it a few minutes prior to eating, which will curtail your appetite. |
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