On a slow news day in March of 2002, I was the token socialist for a roundtable segment on the “O’Reilly Factor.” I think they destroyed the tape, because I haven’t been able to find it on any transcription service. When Fox News still handled this stuff themselves, they claimed there was 12 hours of missing footage from the day – conveniently including the live show and its late-night re-run.

Anyway, with some help I was able to dig up this transcript. What’s interesting is how much has – and hasn’t – changed. What hasn’t changed is that Bill O’Reilly has always been a full-of-shit asshole. Even when we went to commercial, he continued to be a sanctimonious prick.

What has changed is that nobody could get away with denying the very existence of poverty in America today. And it would be hard to dismissively say “there aren’t a lot of you” socialists.

By the way, one of the funnier things that the transcript misses is my response to the writer from Parade magazine (who was also serving as Treasurer of the Democratic National Committee at the time) encouraging me to join the Dems. I laughed and said something like, “I can’t believe you just invited the socialist to join the Democratic party live on Fox News. The internet is going to go nuts tomorrow.”

Anyway, this was much better than the time that Tucker Carlson libeled me on “Fox and Friends.”

Unresolved Problem
Interview With Andrew Tobias and Shaun Richman
Fox News Network THE O’REILLY FACTOR (20:37)
March 1, 2002 Friday

O’REILLY: Thank you for staying with us. I’m Bill O’Reilly.

In the “Unresolved Problem” segment tonight, the money we earn. “Parade” magazine is out Sunday with its annual money edition, listing the salaries of hundreds of Americans. The average American worker makes $31,000 a year.

But some of us make a lot more than that. 20-year-old Britney Spears, for example, made close to $40 million last year. Shaquille O’Neill is in for $24 million. Regis Philbin, $35 million. Question is, is the income gap unfair?

With us now is Andrew Tobias, who wrote the article for Parade magazine and Shaun Richman, the executive director of the American Socialist Foundation. So you say in your essay, after the article, that it is unfair, that the salaries in America aren’t fair?

ANDREW TOBIAS, PARADE MAG PERSONAL FINANCE EDITOR: Well, life is unfair. But I don’t have a problem with celebrities. You know, no one forces you to buy a CD or go to a movie or watch “Friends” or whatever. And Jennifer Aniston made $15 million, you don’t have to watch her on “Friends.” And you don’t have to buy the products. It’s free to watch NBC. And you don’t have to buy the products that are advertised.

O’REILLY: But what about these CEO weasles?

TOBIAS: But that’s — exactly, that’s the distinction I draw. Because in the celebrities, it’s the free market. In 1980, the average CEO of a very top company made 42 times as much as the average worker. In 2000, it was 531 times as much as the average worker. And if that’s what you have to pay in a free market to get really good talent…

O’REILLY: I don’t think so.

TOBIAS: But here’s the thing. And I quoted Fortune, so I didn’t put it on me because some people think I’m not far enough to the right. Fortune had a cover story called “The Great CEO Pay Heist.” And they said it’s highway robbery and everybody…

O’REILLY: It is.

TOBIAS: And what it is — and the reason it’s not a free market. I mean, some of course, many executives are worth exactly what they’re paid. And good for them. But at a lot of these huge pay packages are done, there’s this kind of club between I’m a director and you’re a company, you’re a director on my compensation committee. The consultants are all in it together. And if “Fortune” is screaming about it, and saying that it’s highway robbery…

O’REILLY: Yes, I mean look, a guy like Ken Lay making what, $50 million a year or whatever he’s making, he doesn’t know what’s going on? I mean, come on.

Now Mr. Richman, you’re a socialist, right?

SHAUN RICHMAN, AMERICAN SOCIALIST FOUNDATION: Yes.

O’REILLY: OK, and there aren’t too many of you in this country. We’re a capitalistic country, but what is the basic unfairness of somebody like Shaquille O’Neill making $25 million, if he’s worth that kind of money for the free enterprise that he works for?

RICHMAN: I’m not sure — well, I think that it’s certainly fair. If there’s going to be that much money in the system, labor’s entitled to what it produces. So I actually think in the current system, Shaquille O’Neill deserves that money a lot more than whoever owns the team and the people in the back office.

The problem is, again, with the income gap. The top fifth of people in this country, top fifth income earners, own four-fifths of the wealth. And it’s just not a sustainable system. And poverty is actually much worse than you described.

You konw, the average income is $30,000. The median income is much lower. You know, 20 percent of the kids in this country are living in poverty. 60 percent of all people will live in poverty for one year of their life.

O’REILLY: Not in the United States.

RICHMAN: In the United States.

O’REILLY: No, that’s bogus. I mean, that’s a socialist stat. You can believe it if you want to, but it’s not true.

RICHMAN: It comes from Cornell University.

O’REILLY: Well, what more do I have to say? It comes from Cornell University. But what I’m saying to you is, look, in the socialist system, you want to redistribute income. You want to take income from the big companies and give it to people, right?

RICHMAN: Yes.

O’REILLY: But you can’t give stuff to people. I mean, that never works or the Soviet Union would be still here. Wouldn’t it?

RICHMAN: It works in many countries in Europe.

O’REILLY: Like where?

RICHMAN: Like France, for example.

O’REILLY: France doesn’t take it from you. They basically say we’ll give you cradle to grave entitlementments. They don’t send you a check.

RICHMAN: They do, in fact, have family allowances.

O’REILLY: For certain welfare families, but we have that here as well.

RICHMAN: It’s actually, these are universal systems. I’m not as familiar with the various different…

O’REILLY: All right, so you believe…

RICHMAN: These are universal programs.

O’REILLY: …you should give people money, just because they’re in your country? Give them money?

RICHMAN: I think you give people money for having families.

O’REILLY: For having kids?

RICHMAN: For having kids.

O’REILLY: Just give them money for having kids?
RICHMAN: Yes…

O’REILLY: Mr. Tobias, you don’t agree with that, do you?

RICHMAN: We’re certainly not talking $35 million.

TOBIAS: I would like to see, Shaun, whose opinions I respect, I’d like to see him join the Democratic party, where we really do care about the little guy in a more practical way, because this stuff is not likely to happen.

O’REILLY: No, it’s never going to happen.

TOBIAS: But the earned income credit, that the Democrats are for, and the minimum wage and all kinds of the things that our friends in the other party are for, that’s, I think, a very practical way to get at some of this. I’m for the progressive income tax.

O’REILLY: OK, I’m not for that.

TOBIAS: I know.

O’REILLY: But look, I’m paid 50 cents on the dollar. And I make a lot of money, OK?

TOBIAS: Right.

O’REILLY: But I don’t make what it’s printed in the papers. That’s not even close. Are you sure that these salaries are right, that your Parade magazine?

TOBIAS: We low-balled yours.

O’REILLY: What?

TOBIAS: We low-balled yours.

O’REILLY: I’m not even in there. But are you sure they’re right?

TOBIAS: No, I mean, I didn’t do the salaries. But most of them are right. And some of them, for the really high dollar people, it’s hard to figure out what to include.

O’REILLY: OK, but here’s the deal. And you ought to know this, too, Shaun, is that for many years, I didn’t make any money. OK? And I lived in my younger time in a very frugal environment. OK? So I don’t believe that the government has the right, now that I’m successful, due to hard work and some luck, to come into my house and take my money and give it to other people, and they don’t even know what these people are going to do with it. That’s wrong, morally wrong.

TOBIAS: Well, but you know, it’s a balance, isn’t it? I’m sure you wouldn’t know. Or you would correct me if I’m wrong, that everybody should just pay a flat $3,000 a year. You and the poorest people and everybody, you would say, even with a flat tax, obviously…

O’REILLY: You pay more. I don’t mind paying what I pay, 50 percent, if it weren’t wasted. It is.

TOBIAS: Well, wait a second. So you’re saying that you — the progressive income tax is OK, as long as it’s spent well? All right.

O’REILLY: As long — that’s right, as long as it’s responsible, because at war, you wouldn’t need that much money. You could have a fair progressive tax that wouldn’t take as much as it does. But I’m not moaning about it. I just see the corruption in the system.

But you, you want to take my money. You want to come into my house, all right, after I worked hard all these years and did a lot more than you’ll ever do, in the sense that I got shot at, I had to move around. I mean, I went through a lot of abuse.

And so do these athletes. OK? They train themselves, they make a big score, but they blow out their bodies and all that. You want to take our money and give it to somebody who you don’t even know. Doesn’t that bother you?

RICHMAN: Are you living in poverty as a result of this 50 percent?

O’REILLY: Am I living in poverty? No, but what right do you or anybody else have, even in France, to take other peoples’ money and give it to somebody you don’t know? What right do you have, morally?

RICHMAN: It’s a basic system of fairness. Now when you weren’t making that money…

O’REILLY: Yes.

RICHMAN: When you were living in dire straits, wouldn’t it have been nicer to have a system where…

O’REILLY: No, I wouldn’t have taken a dime.

RICHMAN: You wouldn’t have taken a dime?

O’REILLY: No. Absolutely not.

RICHMAN: You would have died of tuberculosis?

O’REILLY: That’s right. And I wouldn’t have kids unless I could support them. That’s right, because I don’t believe in taking other peoples’ stuff and giving it to me. I won’t even take Social Security when I’m older. I’ll give it back or I’ll give it to charity. You see? That’s where you guys are wrong. You’re taking stuff, you’re making value judgments. You’re giving it to other people and you don’t know what those other people are going to do. That’s wrong. Am I wrong?

TOBIAS: No, I — if I dreamed of being on your show, I wouldn’t have expected to be in this nice position. I happen to think that while Shaun’s instincts are great, he’s too far to the left. I happen to have respect for you and a lot of what you’re saying.

O’REILLY: Think about it, though.

TOBIAS: But to the extent, and I’m not saying you’re the Republican leadership, but I think that there is a balance here.

O’REILLY: It has to be done fairly. It has to be done fairly.

TOBIAS: I totally agree with you. I totally agree.

O’REILLY: Not taking it. All right, gentlemen, thanks very much. Always fun to read that Parade piece.

TOBIAS: Thank you.

O’REILLY: Mel Gibson when we come back in a moment.