• The case is now worldwide because of President Obama who said this.

    (BEGIN VIDEO CLIP)

    BARACK OBAMA, PRESIDENT OF THE UNITED STATES: My main message is... is to the parents of Trayvon Martin. You know, if I had a son he would look like Trayvon. And you know, I think they are right to expect that all of us as Americans are going to take this with the seriousness that it deserves and that we're going to get to the bottom of exactly what happened.

    (END VIDEO CLIP)

    O'REILLY: Well, upon hearing that Newt Gingrich strongly objected.

    (BEGIN AUDIO CLIP)

    NEWT GINGRICH (R), PRESIDENTIAL CANDIDATE: What the President said is essentially disgraceful. It's not a question of who the young looked like, any young American of any ethnic background should be safe, period. We should all be horrified no matter what the ethnic background. Is the President suggesting that if it had been a white who had been shot that would be ok because it wouldn't look like him? That's just nonsense.

    (END AUDIO CLIP)

    O'REILLY: Now "Talking Points" does not believe President Obama was suggesting that at all. He was just expressing outrage in very personal terms; as the leader of the country the President is entitled to do that.

    However, he should be very cautious. He referenced Trayvon in a "son" context but today the Associated Press is reporting the teenager was suspended from school for drug activity.

    Beyond a doubt, this is one big mess. And again, fair-minded people should not be rushing to judgment. Apparently there are two sides to the story even though circumstantial evidence indicates a deadly confrontation did not have to happen.

    But news agencies have a responsibility, morally and professionally to practice restraint in situations like this one. Jacking up ratings is one thing but putting people in physical danger is quite something else.

    And the lunatic Black Panther Party is out for blood. They don't care what really happened. And they are being prodded, prodded by powerful news organizations. That's disgraceful and should never happen.

    "The Factor" will continue to cover this story responsibly, honestly, and we will, we will find out what exactly happened. That's what we did in the Duke case. And that's what we'll do here because that's what fair and balance is all about.

    And that's "The Memo."

    Pinheads & Patriots

    As you may know, we have auctioned off three historical posters to benefit the Wounded Warrior Foundation. They are unique, signed by all five living presidents. No other documents that we know of contain all of these signatures together.

    Now, so far "The Factor" has raised $718,000 for the Warriors. Is that unbelievable? And that's because of you. You're the ones donating the money.

    Now, you may remember last year "Factor" viewers gave more than a million dollars to the Fisher House, which provides shelter to the families of severely wounded military people. So you add both of these campaigns up, almost $2 million has been raised to help wounded vets and their families.

    So I am now saying flat out that "The Factor" audience is the most patriotic crew in the country, and anyone who disputes that is a "Pinhead." Thank you all very much. Details about all of this stuff on BillOReilly.com.

    — You can catch Bill O'Reilly's "Talking Points Memo" and "Pinheads & Patriots" weeknights at 8 and 11 p.m. ET on the Fox News Channel and any time on foxnews.com/oreilly. Send your comments to: oreilly@foxnews.com.