This is a rush transcript from "Fox News Watch," May 26, 2012. This copy may not be in its final form and may be updated.

JON SCOTT, HOST OF “FOX NEWS WATCH” (voice-over): On “Fox News Watch” --

(BEGIN VIDEO CLIP)

BILL O'REILLY, HOST OF “THE O'REILLY FACTOR”: In the period from January to April of this year, the three newscasts discussed Romney's wealth 27 times. In the same period, 2004, they discussed Kerry's finances twice.

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SCOTT: -- is there a media double standard when it comes to reporting on the wealth of candidates? And why is this so important?

(BEGIN VIDEO CLIP)

CORY BOOKER, (D), MAYOR OF NEWARK, NEW JERSEY: Stop attacking private equity. Stop attacking Jeremiah Wright. This stuff has got to stop.

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SCOTT: Newark Mayor Cory Booker, a rising star in the Democratic Party, takes a shot at the Obama campaign. How did the liberal press react?

(BEGIN VIDEO CLIP)

CHRIS MATTHEWS, HOST OF “HARDBALL WITH CHRIS MATTHEWS”: -- an act of sabotage.

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SCOTT: The polls have him up. The polls have him down. What is behind the poll numbers? And do those numbers reflect a media agenda?

Some big Catholic organizations slap the Obama administration with a lawsuit, accusing it of stomping on our religious freedoms. Did you see this covered in the mainstream press?

The Facebook IPO gets a big buildup, then flops. Did the media overhype and oversell?

Was this man really the most trusted man in America? A new bio raises some big questions.

And who is this man? And why should we thank him?

(on camera): On the panel this week, writer and Fox News contributor, Judy Miller; syndicated columnist, Cal Thomas; Jim Pinkerton, contributing editor, the American Conservative magazine; and bureau chief of Talk Radio News Service, Ellen Ratner.

I'm Jon Scott. “Fox News Watch” is on right now.

(BEGIN VIDEO CLIP)

BOOKER: I'm not about to sit here and indict private equity. To me, it's -- we are getting to a ridiculous point in America. Especially, I know, I live in a state where pension funds and unions and other people are investing in companies like Bain Capital. If you look at the totality Bain Capital's record, they have done a lot to support businesses and grow businesses. And this to me -- I'm very uncomfortable.

This is nauseating to me on both sides. It is nauseating to the American public. Enough is enough. Stop attacking private equity. Stop attacking Jeremiah Wright. This stuff has got to stop.

(END VIDEO CLIP)

SCOTT: That is Newark, New Jersey, Mayor Cory Booker on "Meet the Press" making headlines after slamming negatives campaign ads, especially the attacks against Mitt Romney's work with Bain Capital.

His comments seemed real and heartfelt. He ended up retracting them later. One surrogate, Jim, called him the -- or I'm sorry. One Democratic strategist called him the surrogate from hell.

(LAUGHTER)

What is going on with Cory Booker and the Democratic Party?

JIM PINKERTON, CONTRIBUTING EDITOR, AMERICAN CONSERVATIVE MAGAZINE:  Jon, are you suggesting that the sincerity with which he said the original words was not matched by the sincerity of the retraction? No, I think it's pretty clear, although the Obama administration denied it, that they put the proverbial gun to his head and said, look, if you want to have a future in Democratic politics you better volunteer to do this video --

SCOTT: Well --

PINKERTON: -- retracting what you said two hours earlier.

(LAUGHTER)

SCOTT: And is a rising star.

PINKERTON: Former rising star.

CAL THOMAS, SYNDICATED COLUMNIST: Yes.

(LAUGHTER)

(CROSSTALK)

THOMAS: A setting sun.

JUDY MILLER, WRITER & FOX NEWS CONTRIBUTOR: Was a rising star. I mean, when you look at the retraction video, which reporters were calling the hostage video --