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-- -- thanks for watching us tonight money jobs and race that is the subject of this evening's talking points memo yesterday.
President Obama echoed a familiar theme about the American economy.
The average CEO has gotten a raise of nearly 40% since 2000 -- The average American earns less than he -- she did it in 1990 done this growing inequality not just a result.
In equality of opportunity.
This growing inequality it's not just morally wrong it's bad economics.
Obama has been president within six trillion dollars have been added to the national debt much of that spent by the feds trying to re distribute income.
Welfare payments have exploded Obama care costs a fortune.
And things like food stamps and disability are at record levels it's clear the President Obama wants -- federal government to run the economy and that has been a disaster.
Economic growth in this country is about 2%.
Wages are rising workers make more money when there is a demand for their services for example my -- is gone up because other people would like to hire me.
But with high unemployment and companies afraid to expand because of high taxation.
There's little incentive for businesses.
To pay workers more.
President Obama does not seem to understand that.
And then there is the cultural problem.
Even if there were plenty of jobs most employers are not going to hire people who can't read well and speak proper English.
Right now the unemployment rate among black males ages sixteen and 1957%.
It's 25% for white -- at age overall black unemployment 14%.
White unemployment six point six the reason.
In many poor neighborhoods there's chaos violence and -- discipline in the public schools kids aren't learning.
Also with the African American out of wedlock birth rate at 73%.
Many young blacks are unsupervised and prone to imitate bad behavior.
Like what little Wayne puts out.
Same piano not to let random comments people Lou.
-- -- -- -- -- Now after hearing a piece of garbage Mountain -- pulled a multi million dollar endorsement deal the company had with little -- Presto.
Get to intervene it's there's a name Al Sharpton ring -- -- His National Action Network held a meeting with Mountain Dew and the family of Emmett Till who were outraged.
By that stupid wrap.
And by the way if you -- -- know what happened and it -- killing Kennedy we vividly examine why he was murdered.
Anyway in a statement Sharpton said quote.
National Action Network doesn't want the end result to be the -- -- nation of artists.
Although they clearly need to be corrected and quote.
Well it's kind of a holistic isn't it.
And here's a shocker.
The parent company of Lil Wayne cash money content which markets vile stuff that hurts children.
Is a partner.
In distributing sharpton's upcoming book that's right Al Sharpton is in business with people who put out entertainment harmful to children.
Sharpton spokesperson says it's not Al made that deal its -- -- -- media his publisher.
That's bogus every author and I am one has control over who he -- she does business -- The fact is Al Sharpton is allowing a company that harms black children to distribute his book.
Talking points who make this point again.
The civil rights industry.
Not addressing the core reason why many African Americans are not succeeding in the marketplace.
Because of that.
Young blacks continue to be at risk and had enormous obstacles.
-- -- -- Can be downloaded on foxnews.com and billoreilly.com now for the top story reaction.
Joining us from Orlando Florida Paul Porter former executive for the black entertainment television network and currently on the advisory board of the Parents Television Council.
-- am -- making any mistakes here.
-- are you a spot on bingo you've got a right.
Let's start with the civil rights industry.
And it is an -- is big money and stay there.
They don't seem to object to little Wayne.
And to the other people who are marketing their stuff too young.
Let's say it's not just blacks because whites by this stuff too -- young people.
All right their marketing this to young people there's no outcry that I can see over this at all do you have you heard anything amount -- I'll look good bill there's a lot of outcry put.
The voice is -- like a silent majority you keep hearing and seeing the same people.
And really -- -- the -- know what's going on you know the situation would -- reverend Sharpton signing with.
You know cash money wall which is part -- content is the publishing arm.
I had to deal with that directly.
When little when he lost the deal I was negotiate with Pepsi guy frank Cooper.
Senior -- president and chief marketing officer of Pepsi.
Four weeks basically and a couple days before that and reverend Sharpton got involved.
After the Wayne thing was real we ended whose statement was out the video was -- and then.
You know what happens.
What awful idea overall -- how -- -- Sharpton get involved but it.
Because it's great press and maybe he thought he could do something.
But there's also money exchanged a lot of these organizations.
They contribute to non profits non profits of business.
And and you know the Pepsi had a relationship -- of -- I've learned that from the senior vice president.
I thought we were -- -- negotiate some real outreach and some literacy what it's gonna happen that way.
And after -- learned dealt learned about reverend Sharpton signing we cash money.
-- -- couldn't make that up I mean little Wayne if you -- -- -- rehab dot com there's an open letter from Carl Redding who was with.
Reverend Sharpton for nine years the chief of staff.
-- talks about receiving blood money.
And what you get all of the result of a lot of conflict in the black community reverend sharpton's done a lot of great things.
What things like this is troubling is sort of scary -- Cash Money Records -- one of the words what this affects the children.
And it always says personal Vincent -- we did the study in 2008 the rap on rap.
The image is the kind tent is this killing these kids it as a young black man music have more balance remain.
I learned a lot of -- I think my head wasn't in the home.
Absolutely Motown stuff I just saw the play Motown it was it was uplifting stuff in it and it was positive but I know -- -- I want to be very clear though.
These Al Sharpton a friend of little Wayne does -- like little Wayne is he trying to do something good for little Wayne.
Well are you -- YouTube the video where little way -- reverend Sharpton in 2008.
For six minutes makes a record.
And that's not the person I would just -- would put I don't know business -- are I don't know to boost but I don't know why sharp that would inject himself.
If if mountain do want to get -- a little Wayne because of this terrible rap.
All right why would Sharpton insert himself into that what was the reason.
Maybe he thought he could handle by you don't know what every Asian is -- -- a defined reason why Sharpton shows up for this wall a wall normally.
Deal with big companies would Pepsi -- contributions.
That happens organization not understand why would -- do you think -- was in there trying to get money.
Now -- but what.
But look a month and a half after it happened he announced -- -- with terrorist money so I can't.
I can't tell what goes on behind the scenes shorts didn't do any good for a little Wayne did he do any good for the man.
Know what we I haven't heard a word from Pepsi since that time.
And I did everything.
To try to put.
These parties together I you wanted you wanted at that time for Pepsi and Mountain Dew is a subsidiary of Pepsi.
To keep little weighing on the payroll -- would you were trying to -- -- no no no no no that was their decision.
I have -- frank Cooper to pull of Mountain -- spot have when you make -- apology and they've decided.
Not to goal went little wide angle -- you want him little -- added there you wanted him to apologize.
And then all of a sudden sharp incomes -- to do -- what did he do.
While I was told by the executive frank -- Pepsi.
That reverend Sharpton.
Have hooked up with the Emmett Till the foundation -- -- T-Mobile -- foundation.
And he was good to take charge of the situation.
What since that time.
-- Taylor who's in charge of that organization.
There's upset at reverend Sharpton reverend Sharpton -- let's just say it's unclear.
I think this would be fair you tell me if it's not it's unclear why Al Sharpton.
Would inject himself in there but after he did a month and a half later so you say.
He got this distribution deal from little ways parent company.
All right so.
That's on the record I wanna say I haven't read -- book but his spokesperson who I know tells me that his book is critical of Lil -- we will see.
This supported thanks for our country thank you very much thank you.
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