• By Bill O'Reilly

    The sad truth about life is that there are some things you cannot change without over-the-top action. That's how wars begin whether you have untenable situation that only violence can solve. Same thing is true about complicated problems that are causing people pain. And here is where the concept of righteous anger comes in.

    It's interesting watching the anti-FOX media try to exploit the shootout I had with Alan Colmes last week. These hacks flailed around trying to diminish me and this network, to quote that great philosopher Bernard Goldberg, "spit balls at a battle ship." But the loons did bring attention to a very vital issue in America. The irresponsible spending on the part of the federal government.

    The reason I got angry with Alan Colmes and he will be on the program tomorrow is that he refused to acknowledge President Obama's refusal to cut federal programs. As the "Wall Street Journal" documented last week after the verbal shootout, there is not one program, not one that the president wants to cut. The only thing he says he might do is slow down some of the spending increases.

    But the bottom line, as Alan Colmes well knows, is that the U.S. debt is heading toward $20 trillion and that could very well lead to a depression, not a recession, a depression in America.

    So, in order to get everybody's attention, I got angry with Colmes. And I believe my anger was absolutely justified.

    A couple of other examples. Congressman Barney Frank denied screwing up the federal mortgage agencies Fannie Mae and Freddie Mac even though he was the head of the House Oversight Committee. It was absurd so I let the Congressman have it.

    You may remember Geraldo and I got into it over the subject of criminal illegal aliens. My point sets up an urgent obligation to protect of us from these people because they shouldn't be here in the first place. We have enough problem with American thugs. Geraldo saw it differently so he verbally shout it out.

    Now all Factor viewers should know one thing about me. I'm not in business to make money or to accumulate fame. I don't care about that. I'm here to look out for you and to look out for the most defenseless Americans. I'm here to protect as many children and babies as I can and to resolve brutal situations like the Marine unjustly incarcerated in Mexico.

    Also, I'm here to tell you when you're in danger, from al Qaeda, from out-of-control federal spending, whatever it may be. This is my job.

    Right now, the president is not solving the budget chaos because he doesn't want to cut federal spending. That's the truth. And the spinners are misleading you. They are lying to you. That makes me angry. So you saw that and will most likely see it again in the future.

    And that's "The Memo."

    - You can catch Bill O'Reilly's "Talking Points Memo" 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.