To watch "the memo" click here.

Hi, I'm Bill O'Reilly reporting from Los Angeles.  Thank you for watching us tonight, and happy Valentine's Day.  Hope you're in the mood for love, because that's what we're all about here on The Factor.

What?

The Talking Points Memo is about people who do not love their country.  Kenneth Lay and other Enron weasels don't love America, they love money.  They put their own security and comfort above honesty and fairness.  Enron whistle-blower Sherron Watkins said today Mr. Lay was duped by sleazy underlings.  I'm not buying it.  He was in charge.  Miss Watkins testified she told him what was going on.

The buck stops with Lay.

By the way, no American should talk to Kenneth Lay.  If we see him on the street, we should all take the Fifth.  If Lay won't talk to us about Enron, nobody should talk to him.

Entertainment executives who produce violent programs and Internet sites aimed at children do not love America.  They're corrupting kids.  Don't send them a Valentine's card.  In fact, don't even talk to them.

Drug dealers hate America.  They are poisoning the weakest among us.  Politicians who take campaign money and then vote for pork barrel projects that favor the money-givers do not love America.  They are stealing our tax money.

By the way, campaign finance reform passed today in the House by a wide margin.

Drunk drivers don't love America.  Charity directors who use donations for their own personal comfort do not love America.  In fact, no one should talk to people who enrich themselves with nonprofit money.

That means you, Jesse Jackson.

The IRS does not love America because it refuses to investigate high-level charitable corruption and historically done politically motivated audits.

The INS does not love America because it has failed to protect us against illegal intruders.  If that agency is overwhelmed, say that.  But right now the INS is not entitled to a Valentine's greeting.

The teachers' unions do not love America.  They have failed dismally to teach our children well.  Hey, union leaders, how do you spell "apathy" and "corruption"?  There's no love coming from those groups.

Finally, The Factor does love America, and we're proud to say it.

And that's the memo.

The Most Ridiculous Item of the Day

Time now for "The Most Ridiculous Item of the Day." 

The Factor has a big audience in New Jersey, perhaps because my mother was raised there.  But one man is in big problem with New Jersey.  Thomas Mitchell has been convicted in Houston of shooting his girlfriend because he thought she was going say the words New Jersey.

According to friends of this nut, Mitchell went crazy every time he heard the words Snickers, Wisconsin, and New Jersey.  The judge could sentence him up to 20 years.  And if I were the judge, I'd give him the 20, but I'd make sure he served his term in New Jersey.  To do otherwise would be ridiculous.

 — You can watch Bill O'Reilly's Talking Points and "Most Ridiculous Item" weeknights at 8 & 11p.m. ET on the Fox News Channel. Send your comments to: oreilly@foxnews.com