This is a RUSH transcript from "The O'Reilly Factor," January 23, 2012. This copy may not be in its final form and may be updated.
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BILL O'REILLY: "Personal Story Segment" tonight, many Republicans are choosing sides, of course: Gingrich versus Romney with Rick Santorum having just an outside chance right now.
Here to analyze conservative pundit Ann Coulter. So you're a Romney supporter, right.
ANN COULTER, CONSERVATIVE COLUMNIST: Huge Romney supporter.
O'REILLY: Ok. No, I'm putting you in charge of the campaign (INAUDIBLE). What would you say to him? We don't want to talk about the ads and all that, they're going to take care of themselves. As far as his personal demeanor, keeping in mind that we just discussed that Gingrich is running as the avenger and expect him to have a little mask soon and a little hat. And come out and he's going to get the media, he's going to get the anti-God people, he's going to get Obama. He's going to get them all, ok? So how does Romney counter that?
COULTER: I think, I think he would just automatically say right after Romney lose -- not lose, he came in second. The same thing that he was polling at two weeks ago as he did in final results in South Carolina, and Gingrich came in what, fourth and fifth in the last two, suddenly Romney is doing something wrong.
I've been watching all of these debates and by the way, I think they stopped putting so much stress on the debates, there are going to be at most two debates between the Republican nominee and the President and it's not going to be a bunch of Tea Partiers in the audience. There are going to democrats, and based on Gingrich's past experience he sucks up to whatever audience --
O'REILLY: Oh, he's going to yell at that. He's going to yell.
COULTER: He will not. No when he was asked about the Paul Ryan plan last year --
O'REILLY: But there's a difference. He's the avenger guy now.
COULTER: No, no. It's whatever the audience is. He loved global warming when he had that audience. He hated the Paul Ryan plan when he was in front of a mainstream media audience.
O'REILLY: I think he's found his groove and he's going to run it.
COULTER: He says whatever the audience wants him to say and I think these attacks on the media have been really, really depleting the well of sentiment against the liberal media. That is a serious issue when he keeps going to back to it to protect himself from his --
O'REILLY: I thought you would like those attacks. You've written books on that.
COULTER: Yes, I have, because of that I think it's a serious issue. It's like Jesse Jackson going around accusing you know, people of racism, when his mistresses come out. What does Newt Gingrich use for a perfectly legitimate question, that he's shaking up the entire news media that John King, who was a fair and honest reporter -- I don't care if he works for CNN. He may be the only fair person over there starts about -- with the question he has got to ask.
O'REILLY: Yes. But he shouldn't have started with that first.
COULTER: I disagree. It's hanging over Newt Gingrich's head the whole debate otherwise.
O'REILLY: No. I would have never done that. I would have never done that.
COULTER: Oh, that is so picky and petty. And if this were a Democrat --
O'REILLY: I'll tell you where you're wrong. I'll tell you where you're wrong.
COULTER: -- if this were a Democrat, we'd be screaming bloody murder if that question had not been asked.
O'REILLY: Ok, look. I wouldn't be screaming anything, but you're wrong in the sense. That is old news. What ABC ran was old news and I told that to Brian Ross. It's no --
COULTER: It's the headline on Drudge. It was the lead story -- here on Fox News.
O'REILLY: It's old news.
COULTER: Ok. And let's go to another really vicious mainstream media reporter Bret Baier who asked Newt Gingrich why his old staff abandoned him and does this suggest some sort of disorganization. And that Newt refused to answer attacking Bret Baier calling it a gotcha question. It's not a gotcha question.
O'REILLY: But Romney did the same thing with Bret Baier.
COULTER: My point is, this is a serious issue the way real racism is a serious issue but it has been wiped away by frauds and charlatans bringing up racism whenever they want a defense for something just like Newt Gingrich who doesn't want to answer a question, who wants to cover his sordid infidelities, who apparently can't answer on health care.
And another time he yelled at the moderator. I need three hours to answer that question. He's depleting this well of an important issue and the most important issue in this election isn't so much why I'm for Romney -- and I think he's the most conservative candidate of the four who remain right, and Gingrich the most liberal.
It is how do we get the most votes? Because if we don't defeat Obama in 2012, Obamacare is here to stay and Newt Gingrich will --
O'REILLY: Is "we" the Republicans -- is that you're talking about? Ok.
COULTER: I'm talking about the country because we will go the way of Western Europe.
O'REILLY: Ok. I think you're wrong, I think you're wrong on the media thing. I think that Gingrich understood the timing of this and the exploitation of it. Because there was no corroboration from what his wife said. None.
Coulter: He's admitted he's had two affairs.
O'REILLY: That wasn't it. The only thing that was taken out of that whole thing was the open marriage thing deal that she said. Everything else was the same.