The Internet is collectively freaking out about a Drudge Report-hyped video that will be released on "Hannity" and The Daily Caller at 9 p.m. ET.

It purports to show then-Sen. Barack Obama, during a 2007 speech at Hampton University, describing America "a racist, zero-sum society, in which the white majority profits by exploiting black America."

But the video has been extensively covered — back to when it was given, in 2007.

In fact, Tucker Carlson, editor-in-chief of The Daily Caller, discussed the speech in June 2007 on his MSNBC show. Here's the transcript:

CARLSON: Barack Obama was talking about a quiet riot today. And no, it was not a reference to a 1980s heavy metal band, unfortunately. The senator waded into the controversial waters of race during a speech Hampton University in Virginia. He said the Bush administration has done little to quell a brewing storm among some black Americans. He compared the current tension to what fueled the L.A. riots in the wake of the Rodney King verdict.

(BEGIN VIDEO CLIP)

SEN. BARACK OBAMA (D), ILLINOIS: These quiet riots that take place every day are born from the same place as the fires of destruction and the police decked out in riot gear and death. They happen when a sense of disconnect settles in and hope dissipates. The stare takes hold in young people all across the country; look at the way the world is and they believe that things are never going to get better.

(END VIDEO CLIP)

CARLSON: This is not the first time Obama has sounded such an alarm, but will this kind of rhetoric help or hurt his chances to become president?

Multiple video clips of the speech have also emerged. (h/t BuzzFeed) The first is an edited-down version of the speech. The second is a "shoutout" to the Rev. Jeremiah Wright, who was a lightning rod for Obama throughout the 2008 campaign.

And that has already been covered, too. Politico included the shoutout in its top eight gaffes of the 2008 campaign. ABC's Jake Tapper used the clip in as a soundbite in 2008.

Finally, here's the full text of Obama's speech, which has been posted online since 2007. The only quote not included in Obama's prepared remarks that The Drudge Report is currently teasing is the "shoutout" to Wright.

On his personal Twitter account, Drudge promises more when the video is released. But from what we already know, there is not much else to be covered.