The president continued meeting world leaders Thursday, trying to blunt the recession and rally support for the war in Afghanistan.

Meantime, a new FOX News Opinion Dynamics poll shows his job approval slipping a bit: 58 percent of Americans approve, down from 63 percent a month ago. And 32 percent disapprove, that's up 6 points from the last survey.

Talking Points believes fear is driving the president's numbers down. Some Americans believing he has not been effective on the economy so far. Others feel his policies are too socialistic with the Congressional Budget Office estimating the USA will run up about $9 trillion in deficit over the next 10 years.

Some conservative pundits actually believe President Obama is a Star Chamber guy — a man who secretly wants to turn America into a progressive country modeled on Western Europe. Also, they think he wants to lessen the power of America and sign up for a one-world combine of governance. In the past, that kind of thinking was labeled loony, but that's changing.

Writing in Thursday's Wall Street Journal, the former prime minister of Denmark says:

"In Europe, we have been protected from the worst effects of the [economic] crisis thanks to welfare states built up over the past 60 years to cushion citizens from the threats posed by the free market. We can all count on state health care, social housing, education, unemployment support and other universal, tax-funded services. The simplistic dictum of more markets and less government championed by Reagan, Thatcher and their ideological heirs has failed on a momentous scale. I am hopeful that the G20 will make progress. We must keep up the pressure by demanding a globalization that works for everyone and forge new alliances and new lines of communication across national boundaries. We must develop new, progressive ways to achieve global justice."

Well, Karl Marx could not have said it better.

Global justice requires that a one-world government seize private property and distribute it so that every human being has roughly the same amount of resources. The Denmark guy's vision is nothing new, but it's now being recycled as justice.

In America, there are a number of powerful people who subscribe to the theory, including billionaire George Soros, former Obama and Clinton adviser John Podesta and Vermont senator — a senator — Bernie Sanders.

Some believe Speaker Nancy Pelosi, Senator Harry Reid and President Obama himself are sympathetic to the one-world global justice view. By the way, I wrote about this in my book "Culture Warrior." And now the far-left movement is gaining power as I predicted it would.

Key question: Where does Barack Obama stand? Are the right wing pundits correct? Is he down with the global justice jihad? There's no hard evidence to suggest that he is, but he has not repudiated the false vision either. Until President Obama does, speculation will rage.

And that's The Memo.

Pinheads & Patriots

This segment gives a lot of airtime to Ellen's program, because there are usually interesting visuals:

Video: Click here to watch Halle Berry dancing with Ellen

What people don't know is the ladies room door was locked. Halle Berry, by the way, a patriot, for many, many reasons. We don't have enough time to go through them all, but big patriot, Ms. Berry.

Pinhead front: our pal Madonna in Africa trying to adopt another kid. She's already adopted one African child and now seeks to get another, but she's getting criticism for her wardrobe.

Reports say her Chanel tracksuit cost about $2,800 — that would be a year's salary for many Africans. While we applaud Ms. Madonna's caring for children, strutting her stuff in that kind of an expensive outfit in Africa might be a pinhead move.

And the hat was dopey, too.

You can catch Bill O'Reilly's "Talking Points Memo" and "Pinheads & Patriots" weeknights at 8 and 11 p.m. ET on the FOX News Channel and any time on foxnews.com/oreilly. Send your comments to: oreilly@foxnews.com