Fair, balanced, dishonest, incompetent
This would be funny if there weren't a lot of people for whom Fox News is their main source of information. The classic question arises: Is he a fool or a knave? Did Bill O'Reilly actually try to research examples and come up with nothing, in which case he is an idiot? Or is he simply lying because he knows his audience will believe anything he says, in which case, he is consciously undermining honest debate?
In the end, of course, it doesn't really matter. People believe him, and they vote accordingly.
He reports. They decide. And anyone sitting on their hands will simply have to live with the results.