Bill O'Reilly rejected claims of white privilege in his Talking Points Memo, arguing that the real privileges were the self-made privileges of education and family.

"According to the Bureau of Labor Statistics, the unemployment rate for black Americans is 11.4%. It is just over 5% for whites; 4.5% for Asians," O'Reilly pointed out. "The median income for Asians -- close to $69,000 a year. It's $57,000 for whites and $33,000 for blacks."

Asian privilege, like white privilege, he said, can be attributed to family and education.

"Eighty-eight percent of Asian-Americans graduate from high school compared to 86% for whites and just 69% for blacks. That means 31% of African Americans have little chance to succeed in the free market place because they are high school dropouts," O'Reilly said. "Just 13% of Asian children live in single parent homes compared to a whopping 55% for blacks and 21% for whites."

Despite a language barrier for many Asian immigrants, intact families and an emphasis on education had made them far more successful than African-Americans.

Black leaders had failed their communities, O'Reilly said, by emphasizing grievance over ambition and success.

"The racial hustlers blame white privilege and an unfair society -- a terrible country. So the message is, it's not the individual's fault if they abandon their children, if they become substance abusers … if they are criminals," O'Reilly said.

"That is the big lie that is keeping some African-Americans from reaching their full potential."