Updated

By Bill O'Reilly

As we reported last night Mitt Romney was kind of brave to go down to the NAACP Convention in Houston. He knew he would be speaking to folks who very much liked President Obama.

The analysis of Mr. Romney's speech is fascinating and says some very unflattering things about America. Here is the backup. NBC News owns a web site directed mostly at African-Americans. One of the employees on that web site went on TV yesterday and said this:

(BEGIN VIDEO CLIP)

GOLDIE TAYLOR, THEGRIO.COM: I truly believe that Mitt Romney went into that room not to speak to the NAACP but to speak to his base. If he really intended to speak to this new civil rights, new organization, the oldest in our country, then he might have walked into the room and talked about how we fix basic public education because we know education disrupts poverty.

(END VIDEO CLIP)

O'REILLY: All right, we'll get to the speaking to his base remark in a moment. Now, either Ms. Taylor missed it or she is not being honest because during his speech the Governor spoke to the education issue.

(BEGIN VIDEO CLIP)

MITT ROMNEY (R), PRESIDENTIAL CANDIDATE: I will give the parents of every low income and special needs student the chance to choose where their child goes to school. For the first time in history, if I'm president, federal education funds will be linked to a student so that parents can send their child to any public or charter school they choose.

(END VIDEO CLIP)

O'REILLY: Don't get more specific than that. So obviously Governor Romney did address education and again, Ms. Taylor misled the folks who heard her. But why? It's a very interesting question.

Part of the answer is provided by our pal Nancy Pelosi.

(BEGIN VIDEO CLIP)

NANCY PELOSI, (D - CA): Well, I think it was a calculated move on his part to get booed at the NAACP Convention.

(END VIDEO CLIP)

O'REILLY: But Ms. Pelosi did not explain that and the reporter didn't ask her to. On the surface it doesn't seem to make much sense, does it? Why would any politician want to get booed?

But "Talking Points" believes Nancy Pelosi is saying something very provocative. The former Speaker of the House seems to believe that Governor Romney wanted to get scorned so people who don't like blacks would rally to his cause. That was what the base remark was by Ms. Taylor. That's an underlying theme being put out by the far left that Romney wanted to be received poorly in Houston so that anti-black people would vote for him.

I want to make it very clear that no one in the Obama campaign is saying that. But clearly Ms. Pelosi and Ms. Taylor are implying there was a racial component to the Governor's appearance in Houston. In a fair country that innuendo, absolutely unacceptable.

And that's "The Memo."