Updated

This is a rush transcript from "The Five," January 9, 2012. This copy may not be in its final form and may be updated.

KIMBERLY GUILFOYLE, CO-HOST: Well, we've got an update to a story we brought you last week. Jesse Ventura is now responding to the Navy SEAL who said he punched him out.

Now, to refresh your memory, here's what Chris Kyle said on "The O'Reilly Factor" Thursday night.

(BEGIN VIDEO CLIP)

BILL O'REILLY, HOST: Why would you punch Ventura?

CHRIS KYLE, FORMER NAVY SEAL: I was in '06, the year we lost our first two SEALS in Iraq. We came home. We lost our last guy just before coming home. We had the wake in a SEAL bar there in Coronado and he was there for a speaking engagement at a bud's ceremony, graduating class.

O'REILLY: Because he was a SEAL, right? He was Navy SEAL. So, he was badmouthing the war, right?

KYLE: Badmouthing the war, badmouthing Bush and badmouthing America.

(END VIDEO CLIP)

GUILFOYLE: All right. Well, Ventura is saying these events never happened. In fact, he writes on Facebook, quote, "If this happens six years ago, someone would have known about it before now. I have always opposed the war in Iraq but I have never spoken or wished any ill will towards the soldiers. Someone is out to destroy my credibility."

So, that's his response. My question to "The Five" --

DANA PERINO, CO-HOST: Did he write that, post that from his newly adopted country, Mexico? Because isn't that where Jesse Ventura moved to?

GUILFOYLE: You've got something good here, Eric, because you've interviewed him.

ERIC BOLLING, CO-HOST: I believe this Navy SEAL. I had the discussion about a year ago with Jesse Ventura and I brought up, you know, his 9/11 conspiracy theory, which by the way he was peddling on some reality TV show he was doing.

Just take a look at that picture, he got so mad at me. I mean, he was

-- he literally pointed the finger at me, then he stood up and started shaking, his finger shaking. I mean, all I said was, look, I don't think you're being patriotic saying that President Bush or Dick Cheney had anything to do with 9/11. He went ballistic.

So, I agree. I believe that Navy SEAL Kyle --

GUIFLOYLE: In that picture, if you drop the lowest, you see he has a SEALs shirt on and Navy SEAL trident. But I mean, look, he's in trouble obviously with that community because of the comments that he has made, Greg.

GREG GUTFELD, CO-HOST: Well, he says that they're trying to destroy his credibility but he's been doing an excellent job of that by himself. He's a giant boob and the thing that bugs me most about conspiracy mongers.

GUILFOYLE: Don't give boobs a bad name.

GUTFELD: Conspiracy mongers mistakenly think that conspiracy thinking represents intellectual fought, when, in fact, when you're dealing with conspiracy, all you're doing is posing questions, never answers. So, it's always the responsibility of you to answer their questions.

The best way to deal with a 9/11 Truther is go back at them and go, how do I know you're not behind 9/11? That the government employed idiots like you to purvey these silly conspiracies so you actually don't think the government did it? That's mind-blowing.

BOB BECKEL, CO-HOST: Greg --

GUTFELD: Yes?

BECKEL: Why do you wear your glasses like that?

GUTFELD: Because I can't see my nose.

BECKEL: OK, got it. By the way, you should leave boobs alone.

(LAUGHTER)

BECKEL: Jesse Ventura is elected governor. If you remember, this is a guy that ran as an independent. He ran it -- remember that picture of him going around the circle with all of his oiled up arms all from steroids.

I used a lot of steroids. I must admit, I'm past the statute of limitations. It does things to your brains and I don't think I would take Jesse's word over this other guy's word for a second. Not that Jesse's necessarily lying, he just can't remember. You know?

GUTFELD: That's true.

BOLLING: Yes, he was peddling a book. He was peddling a reality series. I'm not sure you can believe half the stuff he said about it.

GUILFOYLE: OK. Let's talk about Eric Bolling's favorite thing. This is where he puts on his little happy face. Talk about Tim Tebow, right, oh, my goodness.

Take a look E.B. here. Oh, my gosh is that upside -- you have John upside down

BOLLING: Do I? Really. Oh, my gosh. It's terrible.

PERINO: It looks different when you look in the mirror.

GUILFOYLE: Tell us about the game, the dramatic 80-yard touchdown pass.

BOLLING: Are you kidding me? Are you kidding me?

GUILFOYLE: Yes, tell me.

BOLLING: John 3:16, he's been known to wear this. He wore it in the championship game in college. That's Tim Tebow. He throws for 316 yards in that surprise win over the Steelers and also 31.6 average yards.

But here's the one that really gets you, the know what the TV ratings for that last quarter hour were, right there with that, encompassing that catch?

PERINO: As good as ours on "The Five"?

BOLLING: Thirty-one-point-six rating.

(CROSSTALK)

GUILFOYLE: Is it a coincidence?

BECKEL: You know what John 3:16 says?

BOLLING: I do. I can't quote it directly. God gave his son --

(CROSSTALK)

GUILFOYLE: Go ahead, Greg.

GUTFELD: I'm sorry. This numerology stuff. Also, if you want to look at 3/16, that was the date that Caligula got into power. In 1963 on 3/16, Mount Egang erupted in Bali.

BOLLING: Stop it.

GUTFELD: Eleven thousand people.

BOLLING: You, atheist. Bill Maher.

GUTFELD: I'm just telling you that numbers are silly.

PERINO: It also adds up to --

BECKEL: You get to the father through me and I don't think it is good to put Scriptures on your eye but that was an amazing deal. John Elway, executive vice president of Broncos, he said, two weeks ago, why doesn't Tebow go downfield? Why he just let it air out?

(CROSSTALK)

PERINO: Great advice.

GUILFOYLE: And Bob will quote some Scriptures coming up next, so you don't want to miss that. Thanks for playing, Bob.

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