This is a rush transcript from "The Five," May 21, 2012. This copy may not be in its final form and may be updated.

GREG GUTFELD, CO-HOST: Well, when something happens once or twice, it's an exception. When it happens a third time, it's a trend. But when it is repeated 1,000 times over it becomes ignored. No big deal; at least when you're in the mainstream media covering left-wing rabble.

What was once a media that shrieked in horror of a tacky Tea Party sign now shrugs at "Occupier" terror. Three men were charged with trying to commit terror with Molotov cocktails at the NATO summit this weekend. They're delightful.

Apparently, the men wanted to attack the president's campaign office in Chicago, as well as police stations and the mayor's office.

Now, these stories glide by without the commentary, unlike the heady days of Tea Party persecution when mainstream hacks gleefully mocked the movement, like their aging grandparents.

But if it were the Tea Party in Chi town, the media will be calling for the National Guard. Lefty bloggers would be screaming as soon as someone broke a nail.

So, how weird is it that the more outrageous the protests get, the less excited the media becomes? Because they reveal the truth means to admit you were duped. With OWS, reporters fell for same crud they fell for in high school -- attention- seeking narcissism masquerading as concern.

In the end, when a loser doesn't get what he wants, he just blows it up. But like a cop gesturing to gawkers at a crime scene, the media says nothing to see here, move along, and then Googles Romney and Bain Capital for their next column.

Bob?

(LAUGHTER)

GUTFELD: You said it was no big deal and the same thing old thing. Well, you only hear the same old thing because they keep doing the same old whole thing. They're insane.

BOB BECKEL, CO-HOST: I listened to your monologue.

First of all, the three people who were indicted on NATO, these are anarchists who were around way before Occupy Wall Street.

GUTFELD: Of course. No link.

BECKEL: There is no link.

GUTFELD: You said that last time with Cleveland the next day.

BECKEL: Maybe I'm proven wrong. Let's find out. I doubt it on this one.

Anarchists have been following NATO meetings and World Bank meetings for 20 years. They come from all over the world. They do the same thing. They protest --

GUTFELD: Bob, they're in their 20s. They weren't in the 1999 one.

BECKEL: To suggest for a second they represent the left is typical. Just like that guy that carried a gun to a Tea Party --

(CROSSTALK)

GUTFELD: There you go. That's all I need to know. What an example. And who carried the gun? Do you know who carried the gun?

BECKEL: A Tea Party person, a black guy.

ERIC BOLLING, CO-HOST: Can I say something? Does Bill Ayers represent the left?

BECKEL: No.

BOLLING: He doesn't represent the left?

(CROSSTALK)

BECKEL: No. Does David Duke represent the right?

BOLLING: No --

BECKEL: Does David Duke represent the right?

BOLLING: You made a comment that these guys don't represent the left. They're anarchists who want change --

BECKEL: That's exactly right. They do not represent the progressive force of this country anymore than I think the Nazi David Duke represents you.

(CROSSTALK)

BOLLING: Bill Ayers has the same talking point as these people do, he --

BECKEL: That's ridiculous.

BOLLING: He's bombed police stations. He's bombed statues. He's bombed Washington, D.C. It's the same move, Bob.

BECKEL: I just got finished telling you it's a fringe element on the far left just as David Duke was on the far right.

GUTFELD: The one you used to love about three months ago.

DANA PERINO, CO-HOST: I think your point about media attention on it is interesting. At what point does a fringe element turn in a trend and turn in to something that --