As we reported last night some Democratic senators who may lose next November are criticizing Mr. Obama. That's self-serving and not very important. What is more striking is that some very liberal folks have turned against the President.

Enter our pal Jon Stewart perhaps the most revered liberal broadcaster in the country. After scorching Congress on Tuesday night, Stewart zeroed in on the President.

(BEGIN VIDEO CLIP)

GEORGE STEPHANOPOULOS, ABC ANCHOR: The President looking to force policy changes on his own without Congress.

JON STEWART, TALK SHOW HOST: I'm intrigued. And increasingly willing to go against the Constitution and entertain the notion of a two-branch government.

STEPHANOPOULOS: He's going to raise the minimum wage himself, an executive order to raise the minimum wage.

STEWART: Of course, he'll do it himself. He doesn't need anybody, an executive order -- just him.

Yes. President Obama is apparently now in the (EXPLETIVE DELETED) stage of his presidency. Yes. He's done talking to these people. And now, he's just starting to tick things off his (EXPLETIVE DELETED) list.

(END VIDEO CLIP)

O'REILLY: What is instructive about that is the lack of protection for Barack Obama. In his first term most of the media are very gentle toward the President but now that's changing big time. The President's most loyal base remains African-Americans.

According to a recent Fox News poll 85 percent of black voters still approve of the President's job performance, just 10 percent disapprove. Among Hispanics, 50 percent approve, 45 percent disapprove with white voters, just 34 percent approve and a whopping 61 percent disapprove.

But even though African-Americans remain faithful some activists are angry.

(BEGIN VIDEO CLIP)

JOE WATKINS, FOUNDER OF VOTE: He's been more hurtful to the black race than he has been helpful. And you turn around and he says he's going to sign executive order to create the minimum wage for federal services only but what about the rest of us who don't have jobs?

CARTER: Mr. President, you know, we'd probably be better off with you cutting your presidency off right now. Just quit.

(END VIDEO CLIP)

O'REILLY: Pretty harsh. But there is no question that African- Americans are suffering grievously in this economy. Right now black unemployment is about 12 percent as compared to about six percent for whites. Young black men, unemployed at a rate of 22 percent and the median household income for black Americans just over $33,000 a year. It is $57,000 a year for whites.

So after five years in office, President Obama has not really lifted the fortunes of African-Americans and the question is why not?

"Talking Points" believes it is partially due to the culture. You might be tired of hearing that 72 percent of black babies are born out of wedlock. I know I'm tired of hearing it. But that is what is driving poor economics in the black community. Stability equals prosperity and in many black precincts, there's chaos in the streets, in the schools, in the homes.

From the very beginning of his presidency, I have suggested that Barack Obama take on the cultural aspect of poverty for all races. So far, he has not.

And that's "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.