I saw this too. When I first heard it I was a little suprised.  O'Reilly thinks we are in World War III.
 
 
MSNBC also had a flash at the bottom of the screen that said -- on the verge of world war III?

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Bill O'Reilly declares "World War III - we're in it"
 
http://www.newshounds.us/2006/07/15/bill_oreilly_declares_world_war_iii_were_in_it.php