Bill O’Reilly sank to new lows last night when he attacked liberal philanthropist George Soros with anti-Semitic dog whistles. O'Reilly called Soros “the shadow puppet master behind corrupt far-left groups like Media Matters” and said he “has his tentacles into political organizations.” This, as Media Matters has been hammering O’Reilly over his many fabrications that have been uncovered recently.

But first, O’Reilly used another, racial dog whistle to suggest President Obama is an uber welfare queen.

It all happened in O’Reilly’s Talking Points commentary last night. It purported to be about the “Blockupy” protests in Frankfurt, Germany. Or, as O’Reilly said, “anti-capitalist violence on display.”

But as with just about any subject on Fox, it wasn’t long before O’Reilly exploited this news story to go after Democrats. First, Obama:

O'REILLY: And it all comes back to the same thing: private enterprise being strangled by big government spending and regulations. Entitlements, free stuff, giving people the means to live—giving it to them, rather than having them earn their way.

Here in America, President Obama is sympathetic to the big government economic intrusion.

Then Soros - after a swipe at Elizabeth Warren and Bernie Sanders:

O'REILLY: We do have a quasi-socialistic senator in Elizabeth Warren, who if Hillary Clinton goes down, could compete in the Democratic sweepstakes for president. We also have Senator Bernie Sanders, a socialist, who Vermont voters have elected ten times. But the most frightening of all is this man, George Soros, billionaire who made huge money trading currencies rooting for countries to fail. Soros has now taken his ill-gotten gains and is financing the most radical left-wing organizations in America.

He is a shadow puppet master behind corrupt far-left groups like Media Matters. Soros has his tentacles into political organizations like the Center for American Progress which has provided operatives for the Obama administration, some of whom are now going over to Hillary Clinton’s campaign.

Few Americans even know who Soros is, but the 84-year-old uber leftist is behind much of the political strife in this country. So let’s be clear. When a bank opening in Frankfurt, Germany causes injury to nearly 100 police officers and millions of dollars worth of damage, there is a problem. We Americans have to wake up and counter the problem.

This is nothing short of disgusting. It’s also reminiscent of Glenn Beck’s rhetoric. The same rhetoric that prompted 400 rabbis to write a letter of complaint to Fox News calling it “offensive” and “beyond repugnant.”

As Media Matters explains, O'Reilly (like Beck) adopted Nazi rhetoric:

Depictions of Jewish people as “puppet masters” controlling the government and the media are anti-Semitic stereotypes that go back decades. O’Reilly’s claim that Soros’ “tentacles” have infiltrated the upper echelons of political society is also a play on overtly anti-Semitic imagery. The white supremacist, neo-Nazi online forum Stormfront.org contains a trove of examples, including a March 19, 2013 post called “The 6 Tentacles of Jewish Supremacy Revealed.” The image of a Jewish octopus engulfing the globe or ensnaring political institutions dates back to at least the 1930s, when it was a common theme in Nazi propaganda.

The timing of this dirty viciousness is suspicious. In recent weeks, Media Matters has published nearly 50 posts (by my count) about O’Reilly’s fabrications since Mother Jones first raised the issue in its February 19th article questioning O’Reilly’s accounts of reporting on the Falklands war in Argentina.

Rather than answer the still-open questions about his veracity, O’Reilly resorts to ethnic smears.

Watch it below, from last night's The O'Reilly Factor.