This is a RUSH transcript from "The O'Reilly Factor," January 6, 2011. This copy may not be in its final form and may be updated.

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    BILL O'REILLY, FOX NEWS HOST: "Personal Story" segment tonight, at one time, Roseanne Barr was the biggest TV star in the country. But for the past few years, Ms. Barr has been living on the big island in Hawaii, running a macadamia nut farm. I kid you not.

    She has a new book out called "Roseannearchy: Dispatches from the Nut Farm." I spoke with her last night.


    O'REILLY: Let's trace your political evolution. Were you always a liberal?

    ROSEANNE BARR, ACTRESS: I am not a liberal.

    O'REILLY: Yes.

    BARR: I hate liberals.

    O'REILLY: You hate them?

    BARR: I hate them just like you do.

    O'REILLY: I don't hate liberals.

    BARR: Well, I don't hate them either.

    O'REILLY: Absolutely.

    BARR: I don't hate them either. But no, I'm like -- I was raised a socialist. My family are socialists. They're not liberals. They were socialists.

    O'REILLY: You were raised in a socialist family in Utah.

    BARR: Yes.

    O'REILLY: And you, I guess, were the only one in history, because Utah is not really known...

    BARR: There wasn't many.

    O'REILLY: So your family, you were socialist, and you would adhere to the socialistic point of view?

    BARR: No, I -- I'm just for solutions. I'm like -- I'm for rebranding things.

    O'REILLY: Rebranding?

    BARR: Yes, I am for rebranding. Everything is about branding. And you know, like, instead of saying liberal or, you know, anything like that, or socialist, I just say people-ist.

    O'REILLY: People-ist?

    BARR: Yes.

    O'REILLY: OK. But you're hard on people like Sarah Palin. You say that she's not looking out for the folks?

    BARR: Well, I'm mad because she -- she's stealing my act. I really feel like she's stealing my act.

    O'REILLY: Populist, regular?

    BARR: She talks like me, but I mean, she is kind of from around where I'm from, but I don't like that she's just all for self -- all for the rich people. And she's not for anything like...

    O'REILLY: But how do you know she's all for the rich people?

    BARR: Because she says so.

    O'REILLY: It seems to me -- and I know Ms. Palin, because she works for us -- that she is genuinely interested in the welfare of working people, as you say you are. I think you guys have common ground there. But you...

    BARR: I think we have common ground, too. I do think we have common -- I think all Americans have common ground. And if we stopped, like, agitating and just trying to keep getting divided so that we never really solve any problem...

    O'REILLY: But you're one of the big agitators.

    BARR: Well, I'm not...

    O'REILLY: You know, is this a new year's resolution?