Tom Hanks is facing criticism over a 2004 video, which conservatives are calling racist and hypocritical.

The clip, unearthed by the Daily Caller, features the Oscar winner and Eagles rocker Glenn Frey at a fundraiser for St. Matthew’s Parish School. During the event, they poke fun at right wingers for being culturally insensitive, while -- ironically -- investment banker James Montgomery roamed around the stage dressed in blackface.

"Ladies and gentlemen, this is as close to diversity as we’ll get at St. Matthew’s," said Frey.

"A celebrity in our midst. Who would have though that Bill O'Reilly would join us?" joked Hanks.

Conservatives are now calling on Barack Obama to drop Hanks as the narrator for the President's documentary, "The Road We've Traveled."

After the video was released, Hanks released an apology.

"I was blindsided when one of the parents got up on the stage in a costume that was hideously offensive then and is hideously offensive now,” said the actor. "What is usually a night of food and drink for a good cause was, regrettably, marred by an appalling few moments."

Hanks, who starred in 2011 Best Picture nominee "Extremely Loud and Incredibly Close," is set to appear in the film "Cloud Atlas," this October.

[The DailyCaller via THR]

Earlier on HuffPost: