Psy's 'Gangnam Style' Perplexes Bill O'Reilly: 'He's Just Doing 'The Pony'!'

Fox News pundit takes on smash hit on 'The O'Reilly Factor,' with predictably hilarious results.

It only took nearly 1 billion YouTube views, but Bill O'Reilly has finally discovered Psy's "Gangnam Style" ... and, shockingly, he's perplexed by what he's seen.

In a segment on Tuesday night's "The O'Reilly Factor," the Fox News pundit attempted to analyze the popularity of Psy — or, as O'Reilly referred to him, "a little fat guy from Pyongyang or some place" — with the network's "medical contributor" Keith Ablow, and, well, the ensuing discussion was fascinating and well-informed to say the very least.

"Remember 'The Pony'? He's just doing the Pony! He's jumping up and down ... 800 million views of this? What's going on?" O'Reilly shouted in mock outrage. "It means nothing, but it's got a nice up beat to it, and you can do 'The Pony' and ride around. Elvis Presley could sing, he had a good voice, his songs had words. ... You could understand Presley, the Beatles, the Rolling Stones, even Justin Bieber, I got all that, but this is something more."

Ablow then gave his take on the popularity of "Gangnam Style" — "The meaning is it has no meaning" was his exasperated view — apparently missing the fact that the song is actually a bit of social commentary, poking fun at uptight residents of South Korean's wealthy Gangnam district. But O'Reilly seemed to think it had something to do with the nefarious powers of the Internet.

"This is Internet driven," he said. "And it looks to me that the Internet is just a place where people want to ... numb themselves to some degree."

Totally. The whole segment (nearly six-minutes long!) ended with O'Reilly proclaiming that, while he had no problem with "Gangnam Style," he's never going to truly understand its popularity. Even though liking the song may have some benefits.

"I don't see anything wrong with this, if you want to waste your time looking at this, or you like the beat, you might lose a few pounds jumping up and down like a pony," he said.

Are you doing 'The Pony'? Let us know in the comments below!