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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.

Transcript

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'Reilly.com, 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'Reilly.com. Killing the Killers. Perfect for Father's Day. All right.

Our sponsor this half-hour is Goldline. Michael Bury of the Big Short recently tweeted, when you see mention of the strong dollar, the almighty dollar, please remember, it is only in relation to other Fiat currencies. The dollar is not strong. It's not getting stronger. And we see it every day, in the price of things. You have to think differently. Please, think. Do not think like you've been trained to think. Like your mass media wants you to think. Your government wants you to think. It is a troubled, troubled time for the U.S. dollar. And if the dollar collapses and is no longer the world currency, we are living in at least a second world country, and it may be Venezuela. Please, you can lose money on almost everything. I have some -- some of my money in gold. And I will tell you, the one thing I haven't lost money on, especially this week, is gold. Gold or silver. Find they believe right now. Call them. At 1866GOLDLINE. Find out how to get 50 of the brilliant uncirculated Kennedy half dollars at no cost. With a qualifying order of their graded mint state 62 5-dollar gold Indians. This is the right time to look into it. Please, find out if this is right for your family. Do your own homework. Think out of the box. Goldline.com. Call them now. 866GOLDLINE. 866Goldline or goldline.com. Ten-second station ID.
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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 BillOReilly.com?

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.
(laughter)

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'Reilly.com. 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'Reilly.com.

THE GLENN BECK PODCAST

Are Epstein's "Blackmail Videos" Being Used for Leverage RIGHT NOW?

What was Jeffrey Epstein's operation all about. If he was at the center of a massive blackmail operation to compromise those in positions of power, who is in possession of that information now? Glenn Beck and ATF Whistleblower John Dodson analyze the details of this situation and give their thoughts on what is the most likely reality surrounding Epstein.

Watch Glenn Beck's FULL Interview with ATF Whistleblower John Dodson HERE

TV

WARNING: How America Elects a Socialist President in 2028 | Glenn TV | Ep 444

The rise of Zohran Mamdani, the 33-year-old socialist who just won the Democratic primary for mayor, is not just a political earthquake shaking New York City — it’s a warning for the rest of America. Backed by Bernie Sanders, AOC, and the Democratic Socialists of America, Mamdani promises free everything, to tax the rich, and to dismantle capitalism. There’s nothing new about this tired strategy, but the media is propping him up as a new political genius. And with Democrat leaders lining up behind him, it’s clear: This radicalism isn’t fringe anymore. It’s the Democratic Party’s future. Mamdani’s rise is part of a larger movement that’s rewriting America’s values. Glenn Beck explains how New York is the prototype for the Left’s socialist makeover of America. Victor Davis Hanson, senior fellow at the Hoover Institution at Standford, gives a terrifying prediction on Mamdani’s mayoral race chances and warns the revolution is coming for mainstream Democrats. He also dives into MAGA’s frustration with the Trump administration's handling of the Epstein files.

RADIO

Did CLOUD SEEDING cause the Texas floods?

Did cloud seeding cause the 4th of July Texas floods? Rainmaker founder and CEO Augustus Doricko, who has been blamed for the flooding, joins Glenn Beck to make the case that it’s impossible for his July 2nd operation to have caused the disaster.

RADIO

INSIDE Trump’s soul: How a bullet changed his heart forever

“I have a new purpose,” then-candidate Donald Trump told reporter Salena Zito after surviving the assassination attempt in Butler, Pennsylvania. Salena joins Glenn Beck to reveal what Trump told her about God, his purpose in life, and why he really said, “Fight! Fight! Fight!”, as she details in her new book, “Butler: The Untold Story of the Near Assassination of Donald Trump and the Fight for America's Heartland”.

Transcript

Below is a rush transcript that may contain errors

GLENN: Salena, congratulations on your book. It is so good.

Just started reading it. Or listening to it, last night.

And I wish you would have -- I wish you would have read it. But, you know, the lady you have reading it is really good.

I just enjoy the way you tell stories.

The writing of this is the best explanation on who Trump supporters are. That I think I've ever read, from anybody.

It's really good.

And the description of your experience there at the edge of the stage with Donald Trump is pretty remarkable as well. Welcome to the program.

SALENA: Thank you, Glenn. Thank you so much for having me.

You know, I was thinking about this, as I was ready to come on. You and I have been along for this ride forever. For what?

Since 2006? 2005?

Like 20 years, right?

GLENN: Yeah. Yeah.

SALENA: And I've been chronicling the American people for probably ten more years, before that. And it's really remarkable to me, as watching how this coalition has grown. Right?

And watching how people have the -- have become more aspirational.

And that's -- and that is what the conservative populist coalition is, right?

It is the aspirations of many, but the celebration of the individual.

And chronicling them, yeah. Has been -- has been, a great honor.

GLENN: You know, I was thinking about this yesterday, when -- when Elon Musk said he was starting another party.

And somebody asked me, well, isn't he doing what the Tea Party tried to do?

No. The Tea Party was not going to start a new party.

It was to -- you know, it was to coerce and convince the Republican Party to do the right thing. And it worked in many ways. It didn't accomplish what we hoped.

But it did accomplish a lot of things.

Donald Trump is a result of the Tea Party.

I truly believe that. And a lot of the people that were -- right?

Were with Donald Trump, are the people that were with the Tea Party.


SALENA: That's absolutely right.

So that was the inception.

So American politics has always had movements, that have been just outside of a party. Or within a party.

That galvanize and broaden the coalition. Right? They don't take away. Or walk away, and become another party.

If anything, if there is a third party out there, it's almost a Republican Party.

Because it has changed in so many viable and meaningful ways. And the Tea Party didn't go away. It strengthened and broadened the Republican Party. Because these weren't just Republicans that became part of this party.

It was independents. It was Democrats.

And just unhappy with the establishment Republicans. And unhappy with Democrats.

And that -- that movement is what we -- what I see today.

What I see every day. What I saw that day, in butler, when I showed I happen at that rally.

As I do, so many rallies, you know, throughout my career. And that one was riveting and changed everything.

GLENN: You made a great case in the opening chapter. You talk about how things were going for Donald Trump.

And how this moment really did change everything for Donald Trump.

Changed the trajectory, changed the mood.

I mean, Elon Musk was not on the Trump train, until this.

SALENA: Yeah.

GLENN: Moment. What do I -- what changed? How -- how did that work?

And -- and I contend, that we would have much more profound change, had the media actually done their job and reported this the way it really was. Pragmatism

SALENA: You know, and people will find this in the book. I'm laying on the ground with an agent on top of me.

I'm 4 feet away from the president.

And there's -- there's notices coming up on my phone. Saying, he was hit by broken glass.

And to this take, that remains part of this sibling culture, in American politics.

Because reporters were -- were so anxious to -- to right what they believed happened.

As opposed to what happened.

And it's been a continual frustration of mine, as a reporter, who is on the ground, all the time.

And I'll tell you, what changed in that moment.

And I say a nuance, and I believe nuance is dead in American journalism.

But it was a nuance and it was a powerful conversation, that I had with President Trump, the next day. He called me the next morning.

But it's a powerful conversation I had with him, just two weeks ago.

When he made this decision to say, fight, fight, fight.

People have put in their heads, why they think he said it. But he told me why he said that. And he said, Salena, in that moment, I was not Donald Trump the man. I was a former president. I was quite possibly going to be president again.

And I had an obligation to the country, and to the office that I have served in, to project strength. To project resolve.

To project that we will not be defeated.

And it's sort of like a symbolic eagle, that is always -- you know, that symbol that we look at, when we think about our country.

He said, that's why I said that. I didn't want the people behind me panicking. I didn't want the people watching, panicking.

I had to show strength. And it's that nuance -- that I think people really picked up on.

And galvanized people.

GLENN: So he told me, when he was laying down on the stage.

And you can hear him. Let me get up. Let me get up.

I've got to get up.

He told me, as I was laying on the stage. I asked him, what were you thinking? What was going through your head? Now, Salena, I don't know about you.

But with me. It would be like, how do I get off the stage? My first was survival.

He said, what was going on through his mind was, you're not pathetic. This is pathetic.

You're not afraid. Get up.

Get up.

And so is that what informed his fight, fight, fight, of that by the time that he's standing up, he's thinking, I'm a symbol? Or do you think he was thinking, I'm a symbol, this looks pathetic. It makes you look weak.

Stand up. How do you think that actually happened?

SALENA: He thinks, and we just talked about this weeks ago. He -- you know, and this is something that he's really thought about.

Right? You know, he's gone over and over and over. And also, purpose and God. Right? These are things that have lingered with him.

You know, he -- he thought, yes.

He did think, it was pathetic that he was on the ground. But he wasn't thinking about, I'm Donald Trump. It's pathetic.

He's thinking, my country is symbolically on the ground. I need to get up, and I need to show that my country is strong.

That our country is resolute.

And I need people to see that.

We can't go on looking like pathetic.

Right?

And I think that then goes to that image of Biden.

GLENN: You have been with so many presidents.

How many presidents do you think that you've personally been with, would have thought that and reacted that way?

SALENA: Probably only Reagan. Reagan would have. Reagan probably would have thought that.

And if you remember how he was out like standing outside.

You know, waving out the window. Right?

After he was shot.

GLENN: At the hospital, right.

SALENA: Had he not been knocked out, unconscious, you know, he probably would have done the same thing.

Because he was someone who deeply believed in American exceptionalism.

And American exceptionalism does not go lay on the ground.

GLENN: And the symbol.

Right. The symbol of the presidency.

SALENA: Yeah. Absolutely. And I think that affects him today.

GLENN: So let me go back to God.

Because you talked to him the next day. And your book Butler.

He calls you up.

I love the fact that your parents would be ashamed of you. On what you said to him.

The language you used. That you just have to read the book.

It's just a great part.

But he calls you the next morning. And wants to know if you're okay.

And you -- you then start talking to him, about God.

And I was -- I was thinking about this, as I was listening to it. You know, Lincoln said, I wasn't -- I wasn't a Christian.

Even though, he was.

I wasn't a Christian, when I was elected. I wasn't a Christian when my son died.

I became a Christian at Gettysburg.

Is -- is -- I mean, I believe Donald Trump always believes in God, et cetera, et cetera.

Do you think there was a real profound change at Butler with him?


SALENA: Absolutely. You know, he called me seven times that day. Seven times, the take after seven.

GLENN: Crazy.

SALENA: Talked about. And I think he was looking for someone that he knew, that was there. And to try to sort it out.

Right? And I let him do most of the talking. I didn't pressure him.

At all. I believed that he was having -- you know, he was struggling. And he needed to just talk. And I believed my purpose was to listen.

Right? I know other reporters would have handled it differently. And that's okay. That's not the kind of reporter that I am.

And I myself was having my own like, why didn't I die?

Right?

Because it went right over my head.

And -- and so I -- he had the conversation about God.

He's funny. I thought it was the biggest mosquito in the world that hit me.

But he had talked profoundly about purpose. You know, and God.

And how God was in that moment.

It --

GLENN: I love the way you -- in the book, I love the way you said that as he's kind of working it out in his own he head.

He was like, you know, I -- I -- I always knew that there was some sort of, you know -- that God was present.

He said, but now that this has happened.

I look back at all of the trials.

All of the tribulations. Literally, the trials.

All of the things that have happened. And he's like, I realized God was there the whole time.

SALENA: Yes. He does. And it's fascinating to have been that witness to history, to have those conversations with him. Because I'm telling you. And y'all know, I can talk. I didn't say much of anything.

I just -- I just listened. I felt that was my purpose, in that moment.

To give him that space, to work it out.

I'm someone that is, you know, believes in God.

I'm Catholic. I followed my faith.

And -- and so, I thought, well, this is why God put me here. Right?

And to -- to have that -- to hear him talk about purpose, to hear him say, Salena. Why did I put a chart down?

I'm like, sir. I don't know. I thought you were Ross Perot for a second.

He never has a chart. And he laughed. And then he said, why did I put that chart down?

By that term, I never turned my head away from people at the rally. That's true.

That relationship is very transactional. It's very -- they feed off of each other.

It's a very emotive moment when you attend a rally. Because he has a way of talking at a rally. That you believe that you are seeing.

And he said, and I never turn my head away.

I never turn my head away.

Why did I turn my head away?

I don't remember consciously thinking about turning my head away. And then he says to me, that was God, wasn't it?

Yes, sir. It was. It was God.

And he said, that's -- that's why I have a new purpose.

And so, Glenn. I think it's important, when you look at the breadth of what has happened, since he was sworn in.

You see that purpose, every day.

He doesn't let up.

He continues going.

And it brings back to the beginning of the book.

Where you find out, that there was another president that was shot at in Butler.

And that was George Washington. And how different the country would have been, had he died in that moment.

And now think about how different the country would be, had President Trump died in that moment. There would be --

GLENN: We're talking to -- we're talking to Salena Zito. About her new book called Butler. The assassination attempt on President Trump. And it is riveting.

And, you know, it is so good. I wish the press would read it. Because it really explains who we are, who Trump supporters are. Who are, you know, red staters. It is so good at that. She's the best at that.