

O'Reilly: "Isn't it interesting that a couple of years ago I was target No. 1? Now I'm like 15 on the list. ... Did I lose my edge or have I been overtaken by brighter people?"

Stewart: "I wouldn't say brighter ... You've been overtaken by a more extreme version of you. You're like Fox 1.0. You're the beta version. Fox 2.0 has jumped over you to an extent that I don't think you could ever dream of, and, frankly, I think you fear. I think deep down inside you can't believe what you've unleashed...on this network, you're left-wing."