Eric began Friday's show with the bombshell announcement that the FBI has reversed course and will resume its investigation into Hillary Clinton's emails. Bill O'Reilly, who has been highly critical of FBI boss James Comey, phoned in with his analysis. "It was quite apparent that Comey did not want to indict Hillary Clinton," Bill said, "and the big smoking gun was that he did not call for a grand jury. I have spoken with dozens of FBI agents who all said that was highly unusual. But let's look at the politics of what happened today. Trump supporters are more enthusiastic to vote than Clinton supporters, and something like this erodes enthusiasm for Hillary Clinton. Her hard core people will still vote for her, but we're talking about independents and Democrats who don't particularly like her. Trump has seized upon this and his message should be that she's corrupt and, if you elect her, she could be indicted while she's president." Bill elaborated on the characters involved in the renewed investigation. "Huma Abedin is one of Hillary's best friends, so you know they were emailing all the time. And you know that Huma Abedin passed some of her emails on to her husband Anthony Weiner. If you're the FBI and this has nothing to do with national security, you don't do anything. So there has to be something in there or Comey would never put his butt on the line. I talked with a top FBI guy the other day and he told me there is almost a mutiny within the FBI over Comey's investigation, he has lost all credibility within the agency. If he didn't put this out, his career would have been done. That's not saying she is going to be charged, it's saying that the FBI rank-and-file did not like the way Comey handled the investigation. The far left is going crazy, they're accusing Comey of all kinds of things."

Eric welcomed Trump campaign manager Kellyanne Conway, who reacted to Friday's stunning FBI announcement. "Hillary Clinton is already seen by two-thirds of American voters as not trustworthy," she observed, "and now she's saying that voters have already factored this in. It shows how out of touch she is. If people are already questioning your veracity and your fitness to lead, you have a corruption and ethics problem. Undecided voters will come home to Donald Trump when they hear this, especially when he's out there talking about defeating ISIS and repealing and replacing ObamaCare. We like the momentum and the trend lines of this race."

Eric welcomed Trump campaign manager Kellyanne Conway, who reacted to Friday's stunning FBI announcement. "Hillary Clinton is already seen by two-thirds of American voters as not trustworthy," she observed, "and now she's saying that voters have already factored this in. It shows how out of touch she is. If people are already questioning your veracity and your fitness to lead, you have a corruption and ethics problem. Undecided voters will come home to Donald Trump when they hear this, especially when he's out there talking about defeating ISIS and repealing and replacing ObamaCare. We like the momentum and the trend lines of this race."

For an opposing view, Eric spoke with Democratic Congressman Ruben Gallego of Arizona. "We are a swing state this year," he said, "because of the horrible candidacy of Donald Trump and the good candidacy of Hillary Clinton." Gallego downplayed the damage that may result from the FBI's decision to revisit the Clinton emails. "We've been talking to thousands of citizens and they are focused on the issues that matter to them, which are not email issues. The FBI director has been a little vague and this whole issue has been exploited by the Republican Party and the Trump campaign. The Republicans have the worst candidate in history."

Eric next spoke with Tom Fitton of the conservative Judicial Watch, which has been looking into allegations involving the Clinton Foundation. "There was a racket going on," Fitton accused, "and it even included the State Department. Donors to the Clinton Foundation were getting access to the State Department, companies were giving money to the foundation and trying to get special favors from the State Department." Fitton also elaborated on his group's efforts to discover what took place when Bill Clinton met with Attorney General Loretta Lynch on an airport tarmac. "I think it would be illuminating for the American people," he said, "to know about that meeting that cast a cloud over the investigation of Hillary Clinton. That cloud has not been lifted and they are in cover-up mode. Did Attorney General Lynch report to her colleagues what was talked about? That's what we want to know, but they are withholding that from us."

Eric discussed the possible fallout from Friday's FBI announcement with political analyst Tom Bevan and Democratic strategist Jessica Tarlov. "I think the race will tighten," Bevan predicted, "because one feature of this election is that whoever is under the spotlight suffers. Donald Trump was under the spotlight pretty intensely for the past few weeks, but now it's Hillary Clinton under the spotlight. That's not good news for her." Tarlov admitted that her candidate will probably be damaged, but contended that it will not be fatal. "I always thought that Hillary Clinton would win by between two to four points and it looks like that is still possible. But there is no doubt that this was not good and they were completely unprepared for it. Hillary did the best that she could by saying she wants to see exactly what this is about."

For some additional observations on Friday's momentous announcement, Eric called on two Fox News correspondents. "At first we weren't sure whether Hillary Clinton would address this scandal," Jennifer Griffin reported, "but she held an impromptu press conference and took about three questions. As she was leaving, an NBC reporter asked whether she thought this would sink her election. She did not answer, but she threw her head back and laughed defiantly. She was defiant in her tone and she called on the FBI director to release what he knows." Ed Henry found it telling that Hillary Clinton actually held that brief press conference. "One clue that they are nervous in the Clinton camp is everything that Jennifer just reported. Hillary Clinton hates dealing with the press, hates taking questions. She's winning in most polls and she could try to run out the string, but they know this is a big deal and they are trying to tamp it down. She challenged the FBI to put it all out there, but why did it take her so long to explain the server, why was it kept secret for years?"

Geraldo Rivera also weighed in on Friday's events. "Prior to today James Comey was the devil of the right and the hero of the left," he began. "Then he made his announcement and that flipped. It was a bombshell mainly because the FBI has a tradition of not interfering with the electoral process. We are eleven days from the most significant election and the FBI is intruding in a way that is very profound. This is the biggest 'cover-your-ass' I have ever seen. James Comey was battered by criticism from O'Reilly and others and now he is responding. The fact that he would release this eleven days before an election is mind-boggling!"

Finally, Bill phoned in once again with a few closing comments: "The American people want to know what happened and I don't think the FBI initially did an honest investigation into Hillary Clinton's email situation. They should have called for a grand jury and not just have James Comey make the decision. Guys like Geraldo are saying this is terrible coming eleven days out, but I want to know the truth. This is an important weekend for Donald Trump because he has to pivot away from personal grievance and hammer home his belief that his opponent is corrupt. There is a lot for the American voter to consider and there will be a lot of new stuff coming out."