What Bill O'Reilly edited out of his interviews with Jon Stewart: Total evisceration!

I know what this is. I come from Jersey—it's the same thing: "I'm not saying your mother's a whore. I'm just saying she has sex for money. With people." ox News used to be all about, you don't criticize a president during wartime. It's unacceptable, it's treasonous, it gives aid and comfort to the enemy. All of a sudden, for some reason you can run out there and say, "Barack Obama is destroying the fabric of this country."

Stewart: But let's go into this. Because all I hear on your network is, this guy is -- it's tyranny, and socialism.

O'Reilly: That's what he believes.

Stewart: So, how is Barack Obama a socialist? As far as I can see, the majority of the billions of dollars he's given, he's given to banks. So if he is a socialist, he's dyslexic! Because when you redistribute the wealth, it's supposed to be going to --

O'Reilly: But he does believe in redistribution of income.

Stewart: Well, he's redistributed it to the banks.

O'Reilly: And that is a socialist tenet -- no, he's redistributing it --

Stewart: He's going up. He's dyslexic! It's supposed to be coming down!

O'Reilly: He -- Look. If you don't know that the Obama administration is redistributing income, then I'm gonna have to haul your program away from you. Get you off the air.

Stewart: Let me ask you: What is different about his redistribution of income and all other presidents -- he wants to raise the marginal tax rate back to where it was during the Clinton era. Was Clinton a socialist?

O'Reilly: He has promoted a variety of programs, OK, that --

Stewart: We already have Medicare, right? We have Medicaid. We have Social Security. Are we a socialist country? Do you want to get rid of those three?

O'Reilly: No.

Stewart: So are we a socialist country?

O'Reilly: But I want to moderate them so we don't go bankrupt.

Stewart: OK, but that's different. Now you're talking about fiscal responsibility.

O'Reilly: In a socialist country, the government pays for all of these entitlements -- the Obama administration is down that path.

Stewart: Who pays for Medicare? Who pays for Medicaid?

O'Reilly: The government pays for it.

Stewart: So now we're socialist.

O'Reilly: But now we're on Medicaid and Medicare with steroids, with the new health care bill. That's steroids!

Stewart: Once again, this is like the old joke. "Would you sleep with me for ten dollars?" "No." "Would you sleep with me for a million?" "OK." So now we know what you are, you're just negotiating price. For you guys to stand up --

O'Reilly: Of course, that's the degree of anybody when you describe socialism. There are little socialistic programs and giant socialist programs. OK? And some people believe that Obama is on the huge government creation -- the government dominance. And you yourself said it! You yourself said it! He wants more regulation, he wants to create things, he wants big government.

Stewart: But he's given back so much executive power!

O'Reilly: What?

Stewart: Executive power!

O'Reilly: He hasn't given back anything. He just hasn't handled the Congress. He doesn't know how to handle them yet. That's inexperience. Now --

Stewart: So he's not a tyrant. Because if he's a tyrant, then he's pretty lame for a tyrant.

O'Reilly: I don't object --

Stewart: How many tyrants do you know that really suffer because they can't get cloture? Very few.