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What the heck happened last night?

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    Talking Points 11/7

  • Duration 9:00
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Hi I'm Bill O'Reilly thanks for watching us -- what the heck happened last night that is the subject of this evening's talking points memo.

Boy live a story to tell you about the presidential vote.

So perk up.

Here we go.

I thought -- Ronnie was a good choice to run against President Obama because of his economic experience.

Also the governor is a free market capitalist and offered a stark contrast to the president.

Who wants a federal government to drive the car.

The campaign unfolded slowly as was America's did not know Romney.

And with all the high tech gizmos these days it's difficult to get the attention of the folks.

So I knew very early that the polling was insignificant and the debates.

Would be the real test.

As I said these polls are -- you're -- but they're not vital because of the debates the three debates.

I think really gonna tell -- tell -- -- bill I told you earlier this year when you're -- debates were -- -- -- all important I said.

Did the history shows that they're not well first debate on -- so happy that you brought that up and I can I guess.

Can -- paraphrase Barack Obama.

In the last debate he can I can I do that.

Of course but can you say that a bit louder -- Well that's why I like Hume he's an honest man.

As we all know the first today was a major victory for governor -- and instantly made him combative but he did not exactly seized the day.

His campaign played -- conservative.

Managing Romney's appearance is tightly scripting his media response.

Then in the third debate the governor made a big mistake.

-- -- a key question is why the governor Romney avoid asking President Obama about the chaotic Libyan situation.

I hope I get -- -- -- governor that as we -- seeking an interview with him and also with President Obama.

My guess is it mr.

Romney wanted to appear benign in the debate in order to court single women voters.

The reason Mitt Romney should have confronted the president over Libya is that after the debate the media would have been forced.

To cover the story.

Which is a major embarrassment to the president and speaks to his overall leadership it's not just about Libya.

It's about a honest representation.

In the Oval Office.

And it's about effective anti terror measures -- should have made that issue center stage.

Because he did not the press and the voters basically ignored.

Still.

Still.

After the third debate Romney had some Milan.

But it was suddenly blown away by hurricane -- That disaster took Romney off the front pages for five days while President Obama dominated the new cycle.

And gain credibility.

After he was praised by conservative New Jersey governor Chris Christie.

Obama supporters would delirious with joy after sandy.

I'm so glad we had that storm last week.

Because I think the storm was one of those things no politically I should say -- are hurting people the storm brought in possibilities for good politics.

Exit polling yesterday showed 42%.

Of those who voted 42%.

-- president Obama's response to hurricane sandy.

Was an important part of their decision.

Also 9% of those voting yesterday said their decision was made at the last minute and the storm was fresh in everybody's mind.

But sandy did not directly reelect President Obama Hispanic Americans did breaking 71%.

For the president despite all of that.

That -- could've won the election had he recaptured momentum.

Last weekend.

Second sporting event the team with a mole in the last few minutes of the game usually wins put the Romney campaign did nothing.

Zero nothing in the last few days to jump start the governor local campaigning is never enough.

If Mitt Romney had a guy a Smart is Obama's chief strategist David Axelrod.

The governor would be -- celebrating I should say tonight.

Talking points believes that by not emerging aggressively after said he Romney cost himself the presidency and if the election had been held eight days earlier.

The governor would have defeated -- Now going -- Some folks are despairing today Mike Ballinger who lives in West Hartford, Connecticut wrote we have lost our American way of life.

There's some truth to what might beliefs Dennis Miller has a similar take coming -- But the truth is it it's the USA is a rapidly changing country and the Republican Party has to rethink strategy.

In hindsight.

Senator Marco Rubio would have been the best choice to -- -- that Romney it's not a knock on congressman Paul Ryan he did very well.

It's just that the GOP needs to send a powerful signal to Hispanic voters.

That the party respects that.

Hispanic American voters cast approximately eleven million ballots yesterday eleven million.

Obama beat Romney by less than three million in the popular -- The good news for the Republicans news that the pressure is now on President Obama and the Democrats.

If the economy doesn't improve dramatically over the next four years.

The Democratic Party will evaporate.

-- -- -- What is more complicated it is the mindset of the American people.

As I reported last night during the election coverage about half of all American homes are now receiving some kind of government entitlement some -- some not.

So any effort to reform.

Or cut back on entitlements is a tough sell but it's gonna have to be done.

President Obama won because he effectively put together a Coalition of the Willing voters who had something to gain.

Mike keeping him in office.

But with the nation heading towards financial insolvency.

Possible bankruptcy.

That kind of wears -- an attitude.

Will eventually bring economic -- -- Mitt Romney had forcefully made that case.

He might prevail this year was not enough to say what you would do.

To defeat the Obama machine.

You had to convince voters -- danger.

In the president's policies.

That -- could not convince enough independent voters of that.

The governor needed to overwhelm.

The electorate.

With points of doom.

Because they're real.

He needed to bring an urgency to his presentation.

He did not.

Preferring to campaign the old fashioned.

And by the way stock market tanked today down 313 points in response to the vote.

Wall Street worried about Obama economics.

Going.

As far as moving the Republican Party further into the conservative precincts.

The number simply aren't there.

Exit polling found that 35% of voters describe themselves as conservative right now.

25% liberal 41%.

Moderate.

So while the right is still powerful ideologies not gonna win a national election -- any longer.

The president is indeed a liberal guy but he ran as a populist.

Who wants to -- working Americans a break.

His acolytes push the far left nonsense.

He didn't however behind the scenes mr.

Obama has embraced just about every far left -- And that is cause for concern because in his final term only the House of Representatives stands.

Between Barack Obama in a far left ideological.

Administration.

Thank god for that check and balance.

-- personal no Americans who voted for Mitt Romney are understandably.

Disappointed tonight.

But should accept the situation.

Setting themselves up as a loyal opposition.

That's the way it's always been in America.

I believe things happen for a reason and that fate swings hard and in unexpected way.

Pres Obama won fair and square to use a cliche.

And we should all respect the vote.

What's very important name is that you -- -- sworn to look out for we're satisfied with the factors electing coverage.

But 40000 he voted -- billoreilly.com poll.

And 80% believe we were fair while 20% dissent.

I will read some of those dissenting letters at the in the broadcast but even more impressive.

Was that more than seven million Americans watched this program the factor on Monday evening the night before the vote by far.

The largest audience of any prime -- news program.

The reason.

We tell -- straight fact -- nothing here.

Made pedigree would be on everything but what we do here is fair bold sometimes fresh and not -- -- -- anymore.

And that's where election should be.

And that's enough.

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