• With: Judy Miller, Cal Thomas, Jim Pinkerton, Kirsten Powers

    This is a rush transcript from "Fox News Watch," November 10, 2012. This copy may not be in its final form and may be updated.

    JON SCOTT, HOST OF "FOX NEWS WATCH": On "Fox News Watch"...

    (BEGIN VIDEO CLIP)

    DIANE SAWYER, ANCHOR, ABC NEWS: We are projecting the battleground state of Ohio for President Barack Obama.

    BRIAN WILLIAMS, ANCHOR, NBC NEWS: Ohio, President Barack Obama.

    BRET BAIER, HOST OF "AMERICA'S ELECTION HEADQUARTERS": We can now definitively say that President Barack Obama will be re-elected.

    SCOTT PELLEY, CBS NEWS: President Obama has won a second term.

    SCOTT: The news media calling a big win for President Obama after taking wins in key states giving him four more years in the White House, and the usual media suspects rejoice.

    CHRIS MATTHEWS, MSNBC: I'm so glad we had that storm last week.

    SCOTT: Did the media cheerleading help Mr. Obama take the win?

    KARL ROVE, FOX NEWS CONTRIBUTOR: We've got to be careful about calling things, when we have like 991 votes separating the two candidates, and a quarter of the vote yet to count.

    SCOTT: Karl Rove expresses his view about the race call in Ohio, and the liberal press takes shots at him and Fox News.

    PRESIDENT OBAMA: The best is yet to come.

    (APPLAUSE)

    SCOTT: Four more years of an Obama administration, a redo for the president to make things right. Will it be for more years of a media love fest?

    OBAMA: As I said, we're still investigating exactly what happened, I don't want to jump the gun on this.

    SCOTT: CBS News releases another clip from its interview with the president. More proof showing what Mr. Obama thought about the Benghazi attack, but is it also proof of CBS helping the White House hide the truth? And now that the election has come and gone, what do Americans and the late night comics have to look forward to.

    STEPHEN COLBERT, HOST OF"THE COLBERT REPORT": And how do you repay me? Four more years of hope and change.

    (APPLAUSE)

    (END VIDEO CLIP)

    SCOTT: On the panel this week, writer and Fox News contributor Judy Miller, syndicated columnist Cal Thomas, Jim Pinkerton, contributing editor of the American Conservative Magazine, and Daily Beast and USA Today columnist Kirsten Powers. I'm Jon Scott. "Fox News Watch" is on right now.

    (BEGIN VIDEO CLIP)

    MITT ROMNEY, REPUBLICAN PRESIDENTIAL CANDIDATE: I have just called President Obama to congratulate him on his victory. His supporters and his campaign also deserve congratulations. I wish all of them well, but particularly the president, the first lady and their daughters.

    (APPLAUSE)

    ROMNEY: This is a time of great challenges for America.

    (APPLAUSE)

    ROMNEY: And I pray that the president will be successful in guiding our nation.

    (APPLAUSE)

    OBAMA: Tonight in this election you, the American people reminded us that while our road has been hard, while our journey has been long we have picked ourselves up. We have fought our way back.

    (APPLAUSE)

    OBAMA: And we know in our hearts that for the United States of America the best is yet to come.

    (APPLAUSE)

    (END VIDEO CLIP)

    SCOTT: And that is the way election night ended. So considering it all, Jim, after a more than a yearlong campaign, it's over? Did it fit the media narrative?

    JIM PINKERTON, THE AMERICAN CONSERVATIVE MAGAZINE: I think it ended sort of the way the media for the most part wanted it to end. But if, look, if the feeling prospectable (ph) here, you know, perspective-ish, then let's go back to July 10, 2004, when Evan Thomas then of Newsweek said that the media support for Democrats, was worth, quote, "maybe 15 points," unquote. Then on October 17th, 2004, he amended that to maybe five points. Because in fact, President Obama won by two points, you could argue -- you could make an argument...

    SCOTT: So, you think -- you think if media were absolutely fair, Mitt Romney would be president?

    PINKERTON: Well, I think if -- let's -- let the viewers judge for themselves. You go to the Media Research Center, where I found those quotes and there's about 30 more lovingly curated quotes from other reporters up including Jim Vandehei of Politico saying that most of the people he's ever met in journalism vote Democratic. Then you might make your argument that media bias helped the president a good deal.

    SCOTT: Judy?

    JUDY MILLER, FOX NEWS CONTRIBUTOR: I think I'm just going to have to disagree with you there, Jim. And this is not going to be a data-based call. It is a gut call, which I know right now is in ill favor, because of the outcome of the election. But, you know, I think that if you really looked at the overall coverage, what were the issues that the Americans cared about. The economy and then a big storm on the East Coast.