Guest:Glenn Beck
"Know what? The Democratic Party earned their thrashing. Led by President Obama, the party has failed to lift the American economy and has not provided enough protections for the American people. The Democratic leader in the Senate, Harry Reid, blocked most meaningful reform bills, allowing bad policies to continue. And the American people know it. About 65% of voters yesterday told exit-pollers the country is going in the wrong direction. So there is no debate, and that's why the Republicans have now assumed power in America. It is worth discussing exactly why President Obama took it on the chin. First of all, his economic policies did not work. Take-home pay for most working Americans has dropped on his watch. That is the only important economic indicator for the folks. The reason is that Mr. Obama wants the feds to run the economy. Even today after the Republican landslide, the liberal New York Times is screaming that the government has to 'create jobs.' Moronic! The private sector creates jobs. And then there is President Obama's style. You simply do not play golf after announcing that an American citizen has been beheaded by ISIS. That's inappropriate and the American people took notice. Also, when there is a threat of an epidemic, you take quick decisive action and you do not allow the Centers for Disease Control to confuse everybody. Finally, you do not play the race card. Elements of the far left are addicted to the race excuse. It is offensive and has harmed the image of the Obama administration. Exit polling yesterday says that American voters are most concerned about the economy, and they should be. President Obama is desperately trying to redistribute income and in the process is creating a welfare state in America. That welfare state is unsustainable and you can see it in the national debt, which will most likely be more than $20 trillion once President Obama leaves office. Add it all up, and you have the vote last night."

When The Factor asked Glenn Beck to evaluate Tuesday's Republican romp, Beck sounded an ominous alarm. "The president is disconnected from the American people entirely, you saw that there was no humility in his press conference today. He is also disconnected from the Democrats. He came out yesterday and said that by Christmas he will have his executive order on illegal immigration. I think this president is going to go more radical, he doesn't have anything to lose. He is going serve the uber-left and the Republicans are not prepared for this. We have a very bad scenario heading our way, I think we are in the most dangerous period that the republic has been in since the Civil War."

Guest:Bob Beckel
For a view from the left, The Factor turned to lifelong Democrat Bob Beckel. "This was a perfect storm of an unpopular president, a bad electoral map, and low turnout," Beckel said. "And if you understand presidential politics, this was not 'historic.' Go back and look at history!" Beckel conceded that President Obama has not lived up to the hope and hype. "I'm disappointed, but I still think the guy was well-intentioned and has good policies. I just don't think the policies were handled very well." The Factor concluded, "Barack Obama doesn't have any credibility now, and I don't understand how he will ever regain credibility."

Guest:Mike Huckabee
Fox News host and Republican presidential prospect Mike Huckabee entered the No Spin Zone to analyze the election results and the efforts by Bill and Hillary Clinton to help Democratic candidates. "Everybody was predicting razor-tight elections," Huckabee said, "but they were blowouts. Bill and Hillary Clinton spent a lot of time in some states, but they couldn't pull a rabbit out of the hat, they couldn't pull a vote out of the cemetery. But Republicans made one big mistake - they didn't really lay out what they're going to do. They should have put some things on the table like the Keystone Pipeline, term limits for members of Congress, and a balanced budget amendment. If Republicans want to show Americans they can govern and lead, they have to find a way to come together."

Guest:Heather Nauert
FNC anchor Heather Nauert took the hot seat and responded to letters from irate viewers. One of them, Floridian Albert Evans, is angry because taxpayer-funded NPR gave President Obama a platform on election day. "This only aired in the Connecticut and Rhode Island and Long Island area," Nauert reported, "where people are very sympathetic to the president. I listened to the entire interview and President Obama wasn't any more partisan than he usually is." Another viewer, William Foster of Arizona, wrote in to complain about possible election fraud. "We will be watching Virginia closely," Nauert stated. "32 voting machines in Virginia Beach were pulled out of service because of irregularities and there are concerns about illegals voting in North Carolina and Maryland. Old Dominion University estimates that about one-million voters across the country are registered to vote illegally."

Guest:Dennis Miller
The Factor turned Dennis Miller loose on the Republican sweep. "I think liberalism is like a nude beach," Miller rhapsodized. "It's better in your mind than in actually going there, because when you actually go, there are a lot of fat people, a lot of scars, a lot of cellulite, a lot of ugliness. After six years of watching this, people see what crap it is, and last night the country said we're going to let some adults run things for a while. We're also watching people getting decapitated while we're told that the people doing the decapitating are a peaceful religion. People are wondering, when did we fall through the looking glass?"

Guest:Charles Krauthammer
Finally, Charles Krauthammer added his perspective to Tuesday night's shellacking and President Obama's likely response. "The president is a strange combination of obliviousness and recklessness," Dr. K opined. "This is a man who is seething with anger over what's happened, a man who thinks he's been betrayed by the country. He's so self-involved and he hates to be irrelevant, so now he's going to get his revenge on everybody by doing a reckless thing and legalizing millions of illegal aliens. He knows it will create a crisis, but it will put him back in the spotlight and makes him the issue." The Factor worried about a full-blown constitutional crisis: "If he signs an executive order legalizing millions of illegals, I think he's going to be impeached. The Republicans can not sit through that."

Send an email and tell us what you think about inviting active politicians to guest host The Factor.

Carl Hafner, Copaigue, NY: "You, O'Reilly, don't get involved with partisan politics? All you've been doing for weeks is putting down the president. Inflation is low, unemployment is down, the stock market is up. Tell Rove to put that on his chalkboard."

Robert Fairbanks, Amesbury, MA: "Mr. O, I am a high school senior and BillOReilly.com Premium Member. I just listened to the No Spin News and agree there is dysfunction in the classroom, and thank you for raising awareness of it."