Dennis Miller's Post-Election Analysis

This is a RUSH transcript from "The O'Reilly Factor," November 3, 2010. This copy may not be in its final form and may be updated.

Watch "The O'Reilly Factor" weeknights at 8 p.m. and 11 p.m. ET!

BILL O'REILLY, HOST: In the "Miller Time" segment tonight: We have for you the election edition. Joining us from Los Angeles, the sage of Southern California, Dennis Miller. Happy birthday to Miller, everybody out there.


O'REILLY: Fifty-seven years old. Unbelievable.

MILLER: When I first -- I was 57 when I first got into the studio. I just turned 58.

O'REILLY: I know. We've been -- for people who don't know, because they couldn't possibly know, we've been having a little technical difficulty.

Now, before we get to the pinheaded politics stuff, when did you know you were over the hill? How old were you when you came to that realization?

MILLER: When I went past the great Joe DiMaggio at 56, I knew I was in trouble. So 57. I'm officially...

O'REILLY: Does it bother you? I mean, you're a guy that's hip and with it. The kids like you and all of this. Does it bother you that you're 57, or you don't give a fig?

MILLER: Billy, the option is to be croaked, baby. I'm just, like, glad to be on this side of the surface. I hear those Chilean miners whining. I go, "What, are you kidding me? They pluck you out of the bowels of the Earth. You're topside again. You're not sitting on an ottoman made out of your own poop, and you're not happy?" I'm happy every day.

O'REILLY: All right, Miller. That's the philosophy I like.

OK, now, Harry Reid, I know you don't like him, but he's back for another six years.

MILLER: Well, listen, first off, I have to say overall it seems like everybody is a little upset today, but I thought it was a great night. Listen, paybacks are a Behar. And it was handed to this guy last night. And I might live out here in the whack zone, granted, California, I feel like everybody else got a G.I. Joe for Christmas. I woke up, and they gave me a beige sweater with a chocolate brown dickey. But I'm still happy. We flipped it around last night. The game is afoot again. Now trust me: You don't want to come out this way. Horace Greeley, if he were alive today, he'd tell you stay put. Stay put.

O'REILLY: Don't go West.

MILLER: Do not go West.

O'REILLY: Right.

MILLER: It's shaky because this is the Island of Misfit Toys out here. But like I said, I'm still happy that the country went like that. I think it's going to influence all the states when they see that they'll get their head handed to them next time, if not this time, if they don't play along now.

O'REILLY: Now, I asked this to Morris and Stephanopoulos, and I'll ask it to you, because you've lived out there for quite some time. Look, I have nothing against Barbara Boxer personally. I don't know the woman. I've never interviewed her. I don't know.

MILLER: Oh, I do, Billy. She seems horrible.

O'REILLY: But she is the biggest spending entitlement person. You can't get any more left than she is. And she wins by 10 points? I mean, I'm going to myself, "Do you not know the state of California owes $138 billion? Do you not know that this woman doesn't care, will take us into bankruptcy?" What is that?

MILLER: Losers like to vote for losers. There's a lot of losers out here, Billie. I hate to say it, but this is not the once great state it was. You watch this state. It is going to be a portent for the rest of the country.

Now, you look at France, which was once a great culture. Indeed, we wouldn't have gotten out of the box in this country if France didn't help us out. You look at France today. You have 22-year-old kids who otherwise live like there's no tomorrow marching in the street over retirement benefits.

There's too gifted out here. There's too many people entitled to stuff.  And you watch, this state is in real trouble. And at least, you know, when they look up at Boxer, they can see somebody they're not ashamed of when they back up for their entitlement. There's some people that would look at you and say, "Come on, you're not even trying." They realize Boxer's whole political career is an entitlement to her, so they feel comfortable with her.

O'REILLY: Yes, she's not going to judge them.

MILLER: She is a loser, and there is a lot of losers.

O'REILLY: Don't judge me. You're not going to judge them. Don't judge me. Don't judge me, because I won't get a job and support myself. Don't judge me. OK.

MILLER: Well, there's nothing wrong with that. That's the stuff that made this country great. I like Norman Rockwell lithos. And this has turned out, you know, just to be splatter art here right now. There's a lot of spin art here.

O'REILLY: It's a strong -- you know, I love California. I mean, it's the most beautiful state, so, got everything. But something going on.

Now, President Obama, let's try to put ourselves, Miller, you and me, in his shoes tonight, OK? So he's sitting there in the White House, and now he's gone from rock star 70 percent approval rating, to "My party is disintegrating right before my eyes." What do you think he's thinking about?

MILLER: Well, I guarantee you, he's not noting the messiah-to-pariah-like plunge that's happened over 22 months. He thinks we're wrong.

Listen, man, I know that you -- I think you're willing to give him more of the benefit of the doubt than me. I was willing to give him the benefit of the doubt for a long time. But when you start saying stuff like "If you're not going to confront your enemies" about fellow American citizens, that was it for me. I don't believe in the guy any more. So I don't think he's sitting there tonight recalcitrant about having his hat handed to him. I think he thinks that we're all idiots clinging to our God and guns out here.

O'REILLY: Do you really think -- you really think that he believes that he is a superior intellect and that all of us down here, particularly you and me, Miller, just don't get how brilliant he is and how much good he's doing for the country?

MILLER: Well, listen, I think he's held in good stead tonight after watching Tammy Fay Boehner almost break down last night. I think he's thinking, "My God, I've got a guy singing -- I've got a guy singing 'McArthur Park' at karaoke night here." What happened to Boehner? He's got to buck up over there, John. We're in the kill zone. Don't go wobbly on me. Come on. Get it together. I think Obama is looking over and going, "Is he crying? There's no crying in blood sport."

O'REILLY: You know, he wanted just to show his human side, Miller. He was just being a guy.

MILLER: All right. I get the quaver in the voice, but the third time in, where you're still freaking out, all of a sudden I'm watching "Flowers for Algernon." Get it together.

O'REILLY: Dennis Miller, everybody. There he is. Happy birthday again, Miller. Don't get drunk.

MILLER: Thank you, Billy.

Content and Programming Copyright 2010 Fox News Network, Inc. Copyright 2010 Roll Call, Inc. All materials herein are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Roll Call. You may not alter or remove any trademark, copyright or other notice from copies of the content.