Shep Smith Attacks the Infamous Nunes Memo for the 'Nothingburger' It Is

Released Friday afternoon, four days after House Republicans made their move, voting to make it available to the public, the much anticipated "Nunes memo," declassified by President Trump is finally being read and discussed.

Written by House Intelligence Chairman Devin Nunes, (R-CA), the four page document alleges that the FBI abused its power while conducting its still ongoing investigation into Donald Trump's campaign ties to Russia. Many House Republicans pushed for its release in order to prove what they have alleged is a deep bias against the President on the part of the FBI.

Fox News' Shephard Smith and his guest, Fox News Sunday anchor and legacy journalist, Chris Wallace weighed in on the controversial memo that former FBI Director James Comey recently tweeted, "That's it?" about:

In the video, Smith says mockingly:

It's a bombshell, it's a smoking gun, look at it, it's a disgrace what's happening in this country, if you look at it you see it, it's a disgrace.

Then he adds:

I don't see it, I've looked at it, I've seen it, I don't see it.

Do you see it?

Wallace's reply was tweeted out by Fox News:

The memo, which mainly centers on Trump campaign foreign policy adviser, Carter Page, a man with Russian business ties and a soft spot for Kremlin foreign policy, alleges that the FBI surveillance of Page was not properly authorized and even hints at a potentially biased political motivation but is actually pretty light on any concrete evidence of wrongdoing on the part of the FBI.

Democrats say the memo itself is flawed, devoid of context, and misleading, with Nunes cherry-picking classified intelligence to benefit the President's view.

And the FBI appears to agree, issuing an extremely rare public warning in the form of a two-paragraph statement, Wednesday that undercut the President's position on the memo's disclosure:

With regard to the House Intelligence Committee's memorandum, the FBI was provided a limited opportunity to review this memo the day before the committee voted to release it," the FBI said. "As expressed during our initial review, we have grave concerns about material omissions of fact that fundamentally impact the memo's accuracy.

But Fox News Fans aren't buying it:

There were, of course, those who saw things differently:

But as always in our great American two-party system—we can agree to disagree.