MSNBC host Rachel Maddow on Tuesday night slammed Fox News over their "hyped up" coverage of Romney campaign national finance committee co-chair Frank VanderSloot.

"What they are doing this time is that they are trying to take us on a new national trip, like they've done before, but their new one involves accusing President Obama of terrorism," she said. "The President is a terrorist, a political terrorist, and they're not just saying this on the sometimes wacky Fox News website, but they are saying this on their prime time programming."

VanderSloot, the owner of Melaleuca, is one of biggest donors to Restoring Our Future, the super PAC backing Mitt Romney. Quoting a media report, a blog associated with the Obama campaign said VanderSloot was a "litigious, combative, and a bitter foe of the gay rights movement."

Following the blog post, Fox News host Bill O'Reilly claimed the President of the United States was trying to "ruin" VanderSloot. However, VanderSloot had been the subject of negative media coverage for months.

"Mr. VanderSloot is now the star of the new Fox News hyped alternate reality conservative media scandal that makes sense to nobody outside the conservative media sphere," Maddow said.

"The Romney campaign national finance committee co-chair has re-invented this story, to say all of these repercussions for him in his private life and his business started months after he used to say they started," she added. "He is now saying the stuff he started complaining about back in March actually didn't start until late April, after the President got involved."

Watch video, courtesy of MSNBC, below:

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