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Insider Report: Bill O'Reilly Launches Web Site

Tuesday, 19 November 2002 12:00 AM

1. Bill O'Reilly Launches Web Site
2. Oil is Key to Economic Recovery
3. NewsMax Broke the Iraqi OK on Inspectors
4. Ruddy in Panama
5. Elitist Yale Law Professor Calls Bush 'Most Dangerous Person'
 

1. BILL O'REILLY LAUNCHES WEB SITE

Recently, Bill O'Reilly, the king of cable news, set out a homestead stake on the World Wide Web with the launch of www.billoreilly.com.

Already the No. 1 talk show host on his blockbuster program "The O'Reilly Factor," O'Reilly created waves this year by launching a nationally syndicated radio show on Westwood One - going up against the king of national talk, Rush Limbaugh.

Now the O'Reilly Empire is on the march with billoreilly.com.

In an opening letter to Web users, O'Reilly says:

"Whether you are interested in the topics I cover on Westwood One's 'Radio Factor,' the guests and issues confronted on Fox's 'The O'Reilly Factor,' or in learning a bit more about my perspective on the world, you've come to a place that won't waste your time."

O'Reilly also has brought his nationally syndicated column to his Web site, to the chagrin of WorldNetDaily (WND), which had an exclusive arrangement to post the column first on the Web.

WND sent an e-mail ("Say Goodbye to 'No Spin Zone'") to readers on Nov. 9 announcing that arrangement would end Nov. 28, with O'Reilly no longer directing Web users to the WND site.

WND noted it had acted as O'Reilly's agent in establishing his syndicated column deal with Creators Syndicate.

"This is Bill O'Reilly's decision," WND editor Joseph Farah wrote to his e-mail subscribers. "I don't think it is a wise one for him. But people have to make their own choices in life."

WND trumpeted that "the new Bill O'Reilly site is currently ranked well below 300,000 other Web sites."

WND claimed it played a role in making O'Reilly a best-selling author, No. 1 cable show and a nationally syndicated columnist.

This week WND sent out another e-mail to its readers saying that the O'Reilly column, slated to continue until Nov. 28, had been abruptly canceled.

"... we told you the column would run in WorldNetDaily until Nov. 28," the e-mail reported. It continued: "Once again we were surprised. Perhaps O'Reilly changed his mind again. O'Reilly did not send his column last week to WorldNetDaily and sent no explanation."

2. OIL IS KEY TO ECONOMIC RECOVERY

Though Alan Greenspan dropped the Federal Reserve Discount Rate by a full half-point earlier this month, it may not be effective.

The Fed explained its move this way: "... incoming economic data have tended to confirm that greater uncertainty, in part attributable to heightened geopolitical risks, is currently inhibiting spending, production, and employment."

What is clear is that Fed cuts have yet to spark a full recovery and have yet to bring the nation out of recession.

Bush administration economists, we hear, believe that the key to economic recovery is not new interest rate cuts, but a significant drop in the price of oil.

Bush administration thinkers believe that the Clinton boom of the '90s was fueled by oil prices that fell to $10 a barrel. Ditto for the Reagan boom, when oil prices hit new lows in 1984 and 1985.

While the administration is talking about making the Bush tax cuts passed in 2001 "permanent," there is little talk of expanded tax cuts.

The reason: with Democrats still controlling more than 40 seats in the Senate, under voting rules they can still block major legislation - including new tax cuts proposed by the administration.

But if oil prices were cut by 50 percent from the current price of $25, it would put billions back into the pockets of Americans, providing a greater economic stimulus than the first two years of the tax cut combined.

We hear from well-placed oil executives that the administration quietly has asked the major oil players, "At what price per barrel could you live with?" That is, still make a profit if the U.S. presses for lower oil prices.

We hear that ChevronTexaco, for example, responded that $20-$22 per barrel would be ideal. The oil companies may not get their wish, but the question indicates the administration has no interest in hurting U.S. oil companies.

There is no telling if the U.S. will be able to bring crude oil prices down. But if the U.S. successfully liberates Iraq, it will be in a strong position to regulate oil production not only from Iraq, the Mideast's second largest producer, but also from Kuwait and Saudi Arabia as well.

3. NEWSMAX BROKE THE IRAQI OK ON INSPECTORS

NewsMax's devoted readers will remember Stewart Stogel's exclusive on NewsMax this past July: "Saddam Plans August Invitation to U.N. Inspectors."

As it turned out, Hussein did invite inspectors to his county about a month later.

The acceptance by Iraq of the recent U.N. Security Council resolution relating to the inspectors is another step on the path to finding out if Iraq is sincere.

Clearly, it will take time for the inspectors to set up and test Iraqi intentions.
 

4. RUDDY IN PANAMA

NewsMax editor Christopher Ruddy recently visited Panama and NewsMax pundit Wilson C. Lucom.

Chris met with Omar Torrijos, the son of the late Panamanian president, who worked to wrest control of the Panama Canal back from the U.S.

Young Torrijos offers some stunning revelations about the Canal, the need for U.S. involvement, and concerns about growing Chinese influence in Panama.

Stay tuned for Chris' column this week.
 

5. ELITIST YALE LAW PROFESSOR CALLS BUSH 'MOST DANGEROUS PERSON'

President Bush may not enjoy Web surfing on his alma mater's Web site.

Yale University, where the president received his undergraduate degree, has a law school, Yale Law School.

You remember, the same school where Bill and Hillary first met.

Now, we know universities are liberal. But we saw its most demonic form on the Yale Law School Web site, in a column posted by Professor Jack M. Balkin.

Balkin is described as the Knight Professor of Constitutional Law and the

First Amendment at Yale Law School.

His most obnoxious attack on the president is entitled "The Most Dangerous Person on Earth."

Balkin begins his column: "When George W. Bush was Governor of Texas, his basic strategy was to stake out a position and refuse to budge, hoping to bully others into acquiescing. Only when met with strong opposition did he back down and compromise. We are seeing the same strategy in his policy over Iraq. In the past weeks, the President has attempted to bully the United Nations and now Congress into allowing him to attack Iraq and depose its leader."

Balkin concludes his commentary: "The President is right about one thing, however. Today the world faces a single man armed with weapons of mass destruction, manifesting an aggressive, bullying attitude, who may well plunge the world into chaos and bloodshed if he miscalculates. This person, belligerent, arrogant and sure of himself, truly is the most dangerous person on Earth. The problem is that his name is George W. Bush, and he is our President."

Balkin's commentary reveals what we at NewsMax believe, that the real enemy is not from without. These evil folks have always been and always will be. The real enemy is within. Welcome to American academia.

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1. Bill O'Reilly Launches Web Site 2. Oil is Key to Economic Recovery 3. NewsMax Broke the Iraqi OK on Inspectors 4. Ruddy in Panama 5. Elitist Yale Law Professor Calls Bush 'Most Dangerous Person'  1. BILL O'REILLY LAUNCHES WEB SITERecently, Bill O'Reilly, the king of...
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Tuesday, 19 November 2002 12:00 AM
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