Things are getting very bad for the Obama administration. It's not a partisan statement. That is reality. The President's signature issue, affordable healthcare, not so affordable; and even if you want to sign up, the computer chaos makes it very hard to do so.

But the main problem, the main problem is President Obama himself. For years he has been saying to Americans they are not going to have to undergo pain when the health insurance changes.

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BARACK OBAMA, PRESIDENT OF THE UNITED STATES: First, if you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance. This law will only make it more secure and more affordable.

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O'REILLY: Well, for many Americans that's simply not true. The initial data is clear, health insurance premiums are going up for many working Americans and health insurance companies are literally tossing people off the rolls. There is no question that's happening.

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HENRY: From that podium will you admit that what the President said if you have a plan you will get to keep it that that was not true?

CARNEY: Let's just be clear. What the President said and what everybody said all along is that there are going to be changes brought about by the Affordable Care Act that create minimum standards of coverage.

So it's true that there are existing healthcare plans on the individual market that don't meet those minimum standards and therefore, do not qualify for the Affordable Care Act.

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O'REILLY: So even the President's spokesman, Mr. Carney, now admits Mr. Obama was not quite accurate in his previous statements. The question then becomes did the President knowingly mislead the nation?

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CLARENCE PAGE: Obama knew, even at the time he said it there was no guarantee everybody was going to keep their insurance because people couldn't keep their insurance under the old system.

HUGH HEWITT: So he knew he was lying when he lied?

PAGE: I'm sorry?

HEWITT: He knew he was lying?

PAGE: Probably, probably. But that's one of those political lies, you know.

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O'REILLY: Talking Points is not convinced Clarence Page, a liberal is correct. Here is what I think happened. Mr. Obama brought little critical thinking to the table on Obamacare and pretty much talked himself into a scenario that he wanted. That is that government can control the American health industry with little consumer downside.

Now, I'm not making excuses for the President. His vision clearly has harmed many of us. And he will pay a steep political price for that. But at this point I am not willing to say that he intentionally lied. The evidence says he simply did not want to know the truth nor did he seek it. There's a little bit of difference there, it's subtle. And now even the liberal press is reporting negatively on Obamacare.

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BRIAN WILLIAMS, NBC NEWS: For many middle class Americans who buy their own health insurance, there could be another frustration and that is sticker shock. After some learn they must buy new policies that cover more but cost more as well.

UNIDENTIFIED MALE: That millions will lose or have to change their individual policies is not a surprise to the administration. NBC News senior investigative correspondent Lisa Myers found buried in the 2010 Obamacare regulations language predicting a reasonable range for the percentage of individual policies that would terminate is 40 percent to 67 percent.

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O'REILLY: Again, the question is did President Obama know about the regulations and the language in the report? I don't believe he did because he didn't read it. He doesn't pay attention to details.

Now before you write any damning letters what I'm saying is far more damaging than you think. If the President of the United States is not paying attention to details, this country is in huge trouble.

As Talking Points said last night and that memo is posted on BillOReilly.com, the President simply answers he doesn't know on far too many occasions. It's your job to know, Mr. President and being ill- informed puts all of us in danger.

One of the weaknesses of liberal philosophy is idealism. Liberals want certain things such as low cost healthcare for everybody. But they don't really calibrate the unintended consequences of what they espoused. For example imposing so-called social justice, a big Obama theme, means somebody is going to have to pay for it. If you go to Cuba you'll see most people are destitute because the government has taken everything away from everybody in order to level the playing field. We will all be poor together.

No government can provide without resources and because the government creates nothing, they have to take the resources away from people who have them. That's what we are seeing with the Obamacare chaos. Working Americans with individual health insurance policies generally pay more for their healthcare in order to subsidize the 30 million uninsured Americans.

President Obama was never, never upfront about that, now millions of Americans are shocked. The bill is due and all hell is breaking lose.

"Talking Points" believes President Obama will not recover from the healthcare debacle and that it will weigh Hillary Clinton down as well as she gets ready for her presidential run. Watch how she distances herself from Mr. Obama because over the next few months the Obamacare situation is going to get worse.

The law never should have been passed. Nobody really understood it, few read it and the Supreme Court upheld the law on faulty reasoning. That is the truth and now all of us are paying the price.

And that is "The Memo."

- You can catch Bill O'Reilly's "Talking Points Memo" weeknights at 8 and 11 p.m. ET on the Fox News Channel and any time on foxnews.com/oreilly. Send your comments to: oreilly@foxnews.com.