To explain the high level of hatred for Governor Sarah Palin, the September 18 edition of "Fox and Friends" invited Bloomberg News columnist Caroline Baum. Ms. Baum, who claims to have studied it extensively, later used a vulgar term to describe which direction women voters will lean.

The Bloomberg columnist explained that Governor Palin "made the Democrats’ road to the White House less inevitable." Democrats, feeling a sense of entitlement, are outraged that, in a very hostile political environment for the Republicans, this election remains competitive. When Gretchen Carlson asked what this close election means "for the future of the Democratic party" Baum hypothesized that the Democrats are "bankrupt in terms of appealing to the population in terms of ideas."

Warning: vulgarity below.

Addressing the issue of Sarah Palin attracting Hillary voters, Caroline Baum declared "the pro-choice versus not seems to be a much bigger issue than, you know, she has tits versus she, you know, has another body part that men have."

The transcript follows.

GRETCHEN CARLSON: She’s a governor that came out of nowhere to help the Republicans win in November, but Democrats seem to be leveling their harshest attacks at Governor Sarah Palin rather than John McCain. Do they hate her or do they fear her? What is it Brian?

BRIAN KILMEADE: I’m going to ask Caroline Baum that if you don’t mind waiting here. She’s a columnist for Bloomberg News and has done an extensive study on this. What does your gut tell you Caroline? Where does the hatred come from?

CAROLINE BAUM: The hatred comes from the fact that, that Sarah Palin, for the first time, has made the Democrats’ road to the White House less inevitable. You know, there was an entitlement, inevitable, this inevitability. This is our moment, this is our time, Obama has said. And all of a sudden, it went from the convention to the crowds at campaign rallies. And the Democrats are saying who is she to upset our apple cart?

CARLSON: Because, by all accounts, the Democrats should win this election if you look at what’s been going on. If you take the pulse of the American public if we’re talking about the war and now you’re talking about the economy, but the fact that, that might not happen, what does that create for the future of the Democratic party?

BAUM: Well, it means they have to look into the mirror and perhaps accept that they are bankrupt in terms of appealing to the population in terms of ideas. I mean, it has never been so good for a party out of power as you said, unpopular president, unpopular war, lousy economy, housing in the tank, the stock market now falling off the cliff, and 80 percent of the public saying that the economy is on the wrong track. If they can’t win now, when can they win?

KILMEADE: What I don’t understand is, if you are a Democrat, are you a Democrat first, or for example, a woman first that sees a breakthrough? I mean, there’s no, there’s a huge breakthrough here regardless of your party.

BAUM: If you’re asking me, I, I think the idea that she would appeal to Hillary voters, you know, the pro-choice versus not seems to be a much bigger issue than, you know, she has tits versus she, you know, has another body part that men have.

[laughter]

CARLSON: Did you just say, did you just say- Alright, I-

BAUM: Am I allowed to say that?

KILMEADE: I’m walking out.

CARLSON: Then walk out. Brian has to leave on that comment. But I got the point Caroline. I definitely got the point.