Writing in The Wall Street Journal Friday, Scott Rasmussen — perhaps the most accurate pollster in America — reported that President Obama's job approval rating has now slipped below that of President Bush back in March 2001.

Now, this is to be expected. Mr. Obama inherited a terrible economic mess that will take years to correct. But Americans are not a patient people, and the president is very aggressively spending tax money. So we the people want to see results — fast.

There is no question that until the economy begins improving, the president's poll numbers will be under pressure. But now we learn that a vast left-wing conspiracy is firing up to help him.

According to excellent reporting by Politico.com — perhaps the best political Web site in the world — organized hard-left zealots join together in a daily morning conference call to discuss the day's events, coordinate briefings to the liberal media and design punishment for anyone criticizing President Obama or left-wing doctrine in general.

The group is hosted by the Center for American Progress, led by John Podesta, a former Clinton adviser. The calls are often highlighted by a variety of people including Jennifer Palmieri, another CAP official, and former CNN reporter Jacki Schechner, now a Labor spokesperson.

According to Politico, the call begins at 8:45 a.m. and is called to order by Tara McGuinness, a veteran liberal activist. Politico quotes Ms. Schechner — again, a former CNN reporter — as saying the group goes after those with whom they disagree:

"There's a coordination in terms of exposing people who are trying to come out against reform. They've all got backgrounds and histories and pasts, and it's not taking long to unearth that and to unleash that, because we're all working together."

"The Factor" has learned that the intimidation cabal, entities receiving information, includes Media Matters, elements at NBC News and at The New York Times. So you can see the vast left-wing conspiracy, armed with unlimited funds and unlimited hatred, are gunning for anyone they deem a threat.

This, ladies and gentlemen, is a threat to America, and the Obama administration would be wise to avoid this crew. If the new administration gets involved in this, it would be like the Nixon dirty tricks squad.

"Talking Points" is disgusted by the rank hatred on display in the political arena. We have hammered The New York Times and NBC for their lack of standards and their corruption. Now we learn that the hatred is being well-coordinated. This is obviously a serious situation that we will continue to investigate.

And that's "The Memo."

Pinheads & Patriots

Singer Carrie Underwood, a former "American Idol" winner, is now using her fame to help defenseless animals. Ms. Underwood has recorded the "Idol" goodbye song and will donate all the proceeds from that to the Humane Society. That sounds like a patriot to me.

On the pinhead front, our pal Montel Williams, no longer a TV guy, will become a radio guy. The problem is Montel is going to Air America, the far-left radio asylum which has emerged from bankruptcy. Now we have nothing against Montel, but it's a pinhead move.

By the way, Newsweek, which is struggling, is also partnering up with Air America. Say goodbye to any objectivity for Newsweek. Another pinhead move.

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