incredibly popular in europe and glenn beck has some issues with bill's new book pinheads and patriots. >> bill: you're way too complicated for me, okay? [ laughter ] >> bill: caution, you are about to enter the no spin zone, the factor begins right now. >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the truth about higher taxes. that is the subject of this evening's talking points memo. because i am a simple man, i am going to cut through the jibberrish on taxes the best i can here we go. president obama wants to end the bush tax cuts, raising the federal income tax rate on americans earning above $200,000 a year. but the president says he is not going to ask americans earning less than 200,000 for more tax money. the question, is that true? mr. obama wants a new tax code after congress throws the bush deal out the window. it's not a lock the president gets that because some are debating. 31 democrats who want to keep the bush tax cuts in place. the senate also has questions on the issue there may very well be a stalemate. if congress does nothing, the bush tax cuts expire on january 1st 2011. that would mean tax rate increases across the board and things like the $1,000 deduction for each dependent child would disappear. so, once again, the president is caught between barack and a hard place. if congress does nothing, which could very well happen, everybody gets blasted, everybody. if the president gets his tax code in, then the wealthy will pay much more and most other people will break about even, unless you have a lot of interest income which will be taxed at a higher rate under obama's vision. those who want to keep the bush rate argue that no tax increases should be imposed while the economy is fragile because it takes tax dollars away from consumers whose spending is violates. one footnote here, the city of los angeles is reporting that it received $111 million in government stimulus money. but was able to create or save only 55 jobs. 55. that's an average of $2 million per job. if can you believe it. our tax dollars at work. that's why many voters are furious with the obama administration. billions of stimulus money spent and little to show for it. november election is all about money. right now most americans do not have confidence in the president or the democratic party. therefore, they are likely to vote for the republicans. it is as simple as that. and that's the memo. now for the top story tonight, let's bring in the most controversial guy in the world, fox news analyst karl rove joins us from austin, texas. you know, i'm glad you saved the factor for last. i'm glad you did that. because now you have perspective of a couple of days to look back on all the trouble you have caused. all the angst that you are responsible for. [chuckling] >> bill, have you got it all wrong. you have got it all wrong. >> bill: do you regret criticizing christine o'donnell in delaware? >> look, i wasn't criticizing. i was acting in my responsibility as a commentator and analyst for fox. bill, when you come on, you want me to straight with you. i was shooting straight. you take a look at angle, buck, rand paul, roy blunt, rob portman, mike toomey or pat tomby, excuse me, and marco rubio and something happened when they won their primaries and that is every one of them vaunted ahead of their competition. christine o'donnell won a stunning upset victory on tuesday night in a huge turnout, a big victory for people who believe we ought to do something about cutting the deficit and controlling the spending and repealing obama care. she, according to rasmussen, remains 11 points behind the democrat opponent. what my message is that, look, she has got a very uphill road to climb unless and until she opens up, you know, sort of clears the ear wax out of the ears of people in delaware who are not paying attention to her today because they have read the wilmington newspaper or listened to the radio and watched television in delaware and have concerns about all of the side issues. all of the rest of heats candidates jumped ahead of democrat opponents after they won their primaries except one, and i'm convinced it's because people have doubts about these issues. >> bill: i know you are a straight shooter. i thought your perspective on ms. o'donnell was interesting. but, look, you know, as well as i know, i mean, look at ms. o'donnell's resume, 41 years old, it's not a strong resume. it's not. all right? she has never even really had a job. it's not a strong resume. however, and this is on important question because i got tons of mail that says, look, we will vote nor -- for john gotti if he upholds tea party values. we don't care if al capone running against chris couldn't who -- cunts who rubber stamps every spending bill that comes down the pike. how do you aoun those people who say look, it doesn't matter who is running against them. we have to get the bums out. >> the question is how many of those people live in delaware? again, i repeat. you take a look at angle in nevada. >> bill: i got it, i got it, i got it. >> they all moved ahead of their democrat opponents based on that message. why didn't she? my point to you is, bill, look, before you -- if you won't acknowledge a problem, you can't solve a problem. she has got a problem. if she is going to move ahead, if she is going to close that gap and move ahead with this powerful message that helped her win the republican primary but is running into resistance with people who didn't vote in the republican primary. independents are sitting there to watch. a lot of independents who said i'm not voting in the -- as soon as rand paul gets the nomination. it didn't happen in delaware there is a problem and unless you acknowledge the problem, you can't solve it. >> bill: what is the problem? what is the problem? >> she can't simply say when people say well, why didn't you pay your income taxes in 2005? she can't say it's puzzling. she has got to have -- look, people know that if she came forward and said, look, here is why i got behind omy mortgage. here is what happened. people would have sympathy on it you can't say it was a technical error by the bank. it doesn't cut it something is not happening. something is not working there for her. won this stunning victory and then 11 behind. >> bill: if you were advising her you would say you have got to come clean on all of this stuff. lay it out on your web site, whatever it may be, go on the factor. remember, she wouldn't come on here because she was afraid i was going to -- we have chris wallace coming up behind you. she is going to go on with you on sunday. that will be interesting. you would say look, have you got to clear the air about all this stuff. let me tell you, this, this is what i believe. i believe even if she doesn't do that, she could beat this guy kuntz by simply saying this guy is going to bankrupt the country. this guy is so far left even if you don't like me or trust me i'm not going to bankrupt the country, he is pound that home. >> yeah, look. that would be the strategy. if you don't want to sort of say look here i want to explain it to you and make you feel comfortable with me. that's the only strategy left. scott brown could not have won that deep blue state like massachusetts if he had these kind of questions looming over him and he won by five points. look, let's not kid ourselves. this is a state that barack obama carried by 26 points. and for somebody to win, it's not simply enough to say i'm not going to talk about these questions. look, these questions, i didn't come up with them. they are in the local newspaper on the local television and local radio for months. the people of delaware obviously have some resistance. that's why, unlike all the rest of these -- >> bill: you are backing her now. are you supporting her? >> i said tuesday night i'm for the republican in each and every instance. >> bill: have you got to tone it down, man. i thought, you know, i think. >> i'm on with you, o'reilly. i have got -- >> bill: that's what i said. ever since you come on this show have you been a trouble maker. >> i have got to keep a high level on your show just to get a word in edge wise, o'reilly. >> bill: sure. put a stop watch on it, all right? three to one your verbiage to mine. karl rove, everybody, there he is causing trouble all over the place. next on the run down chris wallace will be interviewing christine o'donnell on sunday. glenn beck has quibbles with my glenn beck has quibbles with my new book hey, you guys. want to try activia's great new taste? isn't this the yogurt that, you know... helps regulate your digestive system. trust me. it is beyond tasty. mmm. this is really good! new best tasting activia ever! ♪ activia [ tires screech ] [ enne rving ] [ drums playing ] [ male announcer ] 306 horsepower. race-inspired paddle shifters and f sport-tuned suspension. all available on t new 2011 lexus is. it isn't real performance, unless it's wielded with precision. seeour lexus dear. i'm a member of this hotel's loyalty program. well, how far away is it? 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[ male announcer ] accumulate 10 nights and get a night free. welcomerewards from hotels.com. smart. so smart. >> bill: personal story segment tonight, almost overnight christine o'donnell, of course, has become a political star in america by winning the republican senatorial primary in delaware. she will appear with chris wallace on "fox news sunday." he joins us from washington. i'm glad you got her as i told karl rove. she wouldn't come on with me. but, you know, you have that wallace gene. you have that no noe spin gene new, that d.n.a. that i'm confident that you're gonna, you know, ask her tough questions and get something out of her that other interviewers have not. what i'm interested in knowing is what are your priorities in that interview rove is concerned about her background. a lot of mafl i get, as i said, they are not concerned. they don't care. they just want somebody to get kunz and the liberal people out thereof. what are your priorities. >> let me say first of all despite all the nay saying that christine o'donnell is a very good judge of character that she would choose to go on the big show "fox news sunday" and not "the o'reilly factor." [ laughter ] >> about to earn her a cap right there. in terms of questions, i mean, look, first of all, she is the new "it" girl the new star in the political firmament. i think people are going to want to hear about ho she is, what she stands for. >> bill: they don't want to hear it from the ideological frame. they want to hear it from a guy like you or guy like me who will put that aside and say look, here is the problem. how are you going to solve it? >> yeah, i agree. exactly. i mean, we'll get into some of the specific problems facing the country and how she intends to do it. now, if you are asking about her personal problems, the financial irregularities, of course, you are going to ask about it. this is somebody who is running to be a united states senator who is going to be dealing with billions of dollars of our money. how has she dealt with other own money and, you know, she is in good company with people like treasury secretary geithner and tom daschle in terms of having financial irregularities. if we are going to criticize them for what they during. we ask v. to ask her tough questions about what she has done. it will be a fair and balanced interview. >> bill: i have no doubt about it. i am going to use some of it monday when i come on. >> it may be the only opportunity you get to get christine o'donnell to come on your show. >> bill: i don't know. christine o'donnell after going through your mill might say having gone through that. let me ask you the same question i asked rove. i think a substantial amount of voters in the country don't care. they will say, look, i will vote for anybody except these people, being the big spending liberal class that many americans believe have just shattered the country the last 18 months. i get mail like that all the time. i don't care. i just want them out so whoever is against them, that's who i'm supporting. how much do you think, you know, what percentage would you put on that? >> well, i'm not going to put a percentage but i think you're exactly right that there is a widespread feeling about that. there was a very interesting interview in the "new york times" with some of the people who voted for her in delaware. and they were asked why and they said, look, she has had financial problems, so have i. she has had her house foreclosed on, so have i. that's not a disqualifying thing. in a funny way i think they relate more to her because of that her opponent chris coons, big tax increase. no listen. all day long. all day long. you like crat, right? you think is he a smart guy? >> whether i agree with him or not always, i always learn from him. >> bill: i think krauthammer is one of the smartest guys in d.c. again, you don't have to agree with what he says. he always brings to the table reason and measure in what he says. he says o'donnell, he said it last night on the factor, o'donnell has a 10% chance of winning in delaware. 10%. that's how krauthammer put it. >> i think that's vastly underestimating. look, we're in a strange year. it's going to be very exciting to cover on election night. i can't wait for it because there is just this wave or at least we have seen it so far in the primaries this wave of anger, frustration, alienation from the political class here in washington and i think that's going to sweep over a lot of people and i think there are going to be a lot of surprises. and the same way as we saw it in 1908 with ronald reagan a lot of people that you didn't figure were going to be in the u.s. senate the next year i think we're going to see in the next u.s. senate and christine o'donnell might just be one of them. but i'm like you, i want to take her measure and get a sense of whether she seems to be up for the job. >> bill: we will be watching chris, thank you very much. a bunch of hollywood stars siding with the illegal alien notice arizona controversy. we will show what they are saying. dick morris on why president obama remains incredibly popular in europe. coming right back. >> bill: impact segment tonight, some hold stars have banded together to make a public service announcement supporting the illegal ail yep notice arizona controversy. now to analyze fox news analyst leslie marshall in los angeles and dana perino in d.c. lady, before we get to that ad, i just want a quick assessment. you heard rove and chris wallace. do you think, dana, christine o'donnell can win in delaware? >> sure, she can. i think it will be tough road. it's not going to be easy. and, as karl said, she is going to have to answer a lot of those questions. but could she win? sure. >> bill: would you campaign for her? i don't know whether you would do that or not. i know you are still a republican. would you feel comfortable going in there and campaigning for her? >> you know, i really have only done that for a couple of people that i knew very well and were friends and part of my home state in colorado. i haven't really done a lot of that unlike karl, who has met her, i haven't. one of the things that's interesting to me is that this week people sort of wondered okay, well, why isn't karl or other people just getting in line and supporting her? there is some merit to that but in some ways because she is a relatively unknown, she has to earn that support. i look forward to being persuaded. >> bill: rove has a responsibility to fox news viewers to make his assessment and not a homer. he is a republican. it's not his responsibility to support every republican. >> he has raised something like $50 million for other republican senatorial candidates. >> bill: rove does what rove does. when he is on here. >> is he honest, right. >> bill: that's his responsibility. not to shrill, to be honest. leslie, does o'donnell have a chance to win in delaware. >> i'm shuttering with the fact i agree with karl rove on something. does she have a chance? anything is possible. i don't think she will win. i don't think she will win because although she presents a great platform for values and morals. that's not what the american people, tea party or otherwise, are concerned about. they are concerned about the economy and the economy and lies coming out of washington. unfortunately, she cannot and has not addressed those issues in her own background. >> bill: look, leslie, if it's all about the economy, have you got coons who is going to continue spending and o'donnell conservative line of lower taxes. let's leave that race open for now. it will be a fascinating deal. now, i want to run this spot by these hollywood stars supporting the illegal aliens and the controversy in arizona. go. >> from women sufferage to civil rights to ending wars, young people altered our country's course. they organized, marched, registered, and voted. united they initiated change. they left their legacy. over 22 states are considering laws that would condone racial profiling under the guise of immigration reform. er roding our rights, attacking our values. take history's lesson, today we need the united voice to demand solutions to our country at this' toughest problems, energy, jobs, education, immigration and national security. >> bill: all right. what did you think, dana? >> a couple of things. i applaud them for reaching out to young people and young hispanics. everybody should be doing that every faction including the g.o.p. i think that some of those big celebrities, you know, will get some attention and some people will pay attention. i had a very interesting conversation this week prosecute w. a republican nominee for governor in border state. she would be the first hispanic woman to be governor of any of our states and what she told me is that what people really care about in her state, even though the registration is three to one democrat to republican are the issues. and so you hear at the end of that ad they start talking about all the issues. but those issues have nothing to do with the arizona bill. if you start talking about those issues, you can win. >> bill: this issue is going to get bigger in october because president obama is going to put the immigration reform on the table before the election to try to get that mobilized. this is a big issue. that ad, dana, is absolutely sympathetic to the illegal alien rather than the state of arizona, which is trying to control that problem. >> well, what i think is that if you get -- when you dig down a little bit deeper, people that are hispanics who have come here legally don't want illegal immigration. either they are worried about civil rights fellow hispanics but they are not for illegals. >> bill: what do you think, leslie. >> i didn't hear them supporting illegal immigrants. >> bill: leslie, let me give you the line. the line was they want to pass laws that would institute racial profiling under the guise of immigration reform. come on, leslie, you didn't hear that? that's the big line. >> i heard that, but i don't consider that supporting illegals. i hear the hispanic community reaching out and saying, look, we feel victimized by these laws in arizona. >> bill: victimized in how? how are they victimized. >> fastest growing minority in the united states. because they feel -- >> bill: when it's been tabled until the judicial thing gets through. who is victimized by it? >> because the his