In tonight's Talking Points Memo, Bill O'Reilly highlighted President Obama's perceived weakness and how it affects America and the world. 

O’Reilly attributed the mess in the Middle East to "little leadership in the West" and that the president's "passive world view and rejection of American leadership have thrown this planet into chaos."​

Watch his entire Talking Points Memo, and read the full transcript below.

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President Obama's perceived weakness, how it affects America and the world. That is the subject of this evening's Talking Points Memo.

In case you haven't noticed the entire world is a mess. That's because there is little leadership in the West and the bad guys know it. So Putin, China and the jihadists are ramping things up. Sadly, President Obama seems a bit befuddled by it all.

Some of his own people, who have resigned, are saying they advised him to do a number of things internationally all of which he rejected. And now we have a new war and danger in almost every area in the world.

The left-wing zealots will never admit the truth that President Obama's passive world view and rejection of American leadership have thrown the planet into chaos. And if Washington doesn't reverse things soon something catastrophic is likely to happen.

Last night Fox News analyst Charles Krauthammer gave us a warning about President Obama's agenda...but Krauthammer is a smart guy and he's not alone in believing President Obama is backing away from the Iran nuclear situation. Israel believes the same thing.

On another front, the president recently pointed to Yemen as a country where his anti-terror policies have worked. Well, the government of Yemen has now been overthrown by the jihadists and word is Americans are evacuating the U.S. embassy there. While few care about Yemen, the danger is Saudi Arabia will attack that country fearing the jihadists will set up a base there and that is dangerous to the Kingdom.

It's all very complicated but it always goes back to a lack of American leadership in the world. President Obama was quite clear in stating that he wanted the USA to be among the nations of the world not the leader. And that's where his policies have taken us and that's why things are as bad as they are.

I mean when the entertainment industry begins mocking the president you know critical mass has been reached.

If you watch the Factor you know Talking Points is not an Obama-basher we've been tough on the president but have treated him fairly overall.

However, things are going south fast right now. And all Americans should understand that.

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