Bill O’Reilly said tonight that liberalism has changed for the worse over the decades and the Democratic Party has been taken over by the far left.

O'Reilly explained that liberal philosophy is supposed to be based upon fairness for the underdog, helping those who are down and out and protecting the defenseless.

He asserted that the decline of that philosophy began during the Vietnam War, which radicalized the left and resulted in many liberals becoming outright mean to anyone who disagrees with their worldview.

"The Factor" host noted that President Obama is the most liberal commander-in-chief in U.S. history, but his economic policies have not improved the lives of the poor or African Americans.

"No matter how many facts Talking Points presents - on the economy, on crime, on foreign policy, on individual behavior - liberals will not admit their philosophy has gone off track," O'Reilly said.

"Thus, we have a presidential election in 2016 that will once again pit the liberal philosophy against a traditional one. If facts matter, the election should not even be close."

Watch the full Talking Points Memo above.

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