v. To treat in an intellectual manner; to discuss or express intellectually.
v. To endow with intellect; to bestow intellectual qualities upon; to cause to become intellectual.
v. (transitive) to find a seemingly rational explanation for something:
the GNU version of the Collaborative International Dictionary of English
v. To treat in an intellectual manner; to discuss intellectually; to reduce to intellectual form; to express intellectually; to idealize.
v. To endow with intellect; to bestow intellectual qualities upon; to cause to become intellectual.
The Century Dictionary and Cyclopedia
To treat or reason upon in an intellectual manner.
To inform or endow with intellect; cause to become intellectual; develop the intellect or intellectuality of.
To give or attribute an intellectual or ideal character or aspect to; idealize.
Also spelled intellectualise.
Word Usage
"In fact, "intellectualize" does appear to be a word meaning "to furnish a rational structure or meaning for," so I guess he's saying only liberals would judge "most liberal Senator" based on a rational meaning of "liberal.""