america s businesses have a responsibility as well to recognize that there are some basic safeguards, some basic standards that are necessary to protect the american people from harm or exploitation. not every regulation is bad. not every regulation is burdensome on business. a lot of the regulations that e out there are things that all of us welcome in our lives. bill: okay. there has to be some federal oversight on polluters and corporate gangsters, sane people know that but under mr. obama, the annual cost of regulating the private sector has risen to almost $2 trillion a year. that s twice as much as the government colcts in income taxes. twice as much. the world s financial community doesn t want the u.s.a. to become sweden. they don t want the most powerful economic engine on earth to become a nanny state or be held hostage to snail
anchor lou dobbs. i ought to be taking over the fox business channel with that. come on over. bill: this really annoys me. if president obama would come out tomorrow and say you know what? we tried government stimulus to create jobs. we tried all this massive spending. yeah, we did some good he put propaganda points on. see if supply side works. we will lower tax sides a little bit. lower some of the regulations. $2 trillion worth of regulations. business have. stock market go um a thousand points in five days. am i right? i think you are. if he acknowledged two things. one, that the democrats and by the way you are exactly right on regulation and the burden, this the is secret tax overwhelming america. $2 trillion overburdensome regulation. if we would just physical we had a strong positive leader in the white house that would just say you know the republicans have
anchor lou dobbs. i ought to be taking over the fox business channel with that. come on over. bill: this really annoys me. if president obama would come out tomorrow and say you know what? we tried government stimulus to create jobs. we tried all this massive spending. yeah, we did some good he put propaganda points on. see if supply side works. we will lower tax sides a little bit. lower some of the regulations. $2 trillion worth of regulations. business have. stock market go um a thousand points in five days. am i right? i think you are. if he acknowledged two things. one, that the democrats and by the way you are exactly right on regulation and the burden, this the is secret tax overwhelming america. $2 trillion overburdensome regulation. if we would just physical we had a strong positive leader in the white house that would just say you know the republicans have
anchor lou dobbs. i ought to be taking over the fox business channel with that. come on over. bill: this really annoys me. if president obama would come out tomorrow and say you know what? we tried government stimulus to create jobs. we tried all this massive spending. yeah, we did some good he put propaganda points on. see if supply side works. we will lower tax sides a little bit. lower some of the regulations. $2 trillion worth of regulations. business have. stock market go um a thousand points in five days. am i right? i think you are. if he acknowledged two things. one, that the democrats and by the way you are exactly right on regulation and the burden, this the is secret tax overwhelming america. $2 trillion overburdensome regulation. if we would just physical we had a strong positive leader in the white house that would just say you know the republicans have said for eight years we have got
not every regulation is burdensome on business. bill: also, are you worried about the economy? you should be. the obama administration is strangling it. we will present a rock solid case. caution, you are about to enter the no spin zone. the factor begins right now. captions by closed captioning services bill: hi, i m bill o reilly. thanks for watching us tonight. why america is losing power. that is the subject of this evening s talking points memo. the united states remains the most powerful nation in the world. but we are losing steam. our power is not based on the military, which is the best in the world. our economic prosperity makes us strong. but here we are in decline. the debt deal this week accomplished one big thing. it kept u.s. bonds from being downgraded and that s huge. as we predicted here, moody s and other agencies now say they