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Video: To watch "the memo" click here.

Hi, I'm Bill O'Reilly.  Thank you for watching us tonight.

We'll get to the Michael Skakel conviction in a moment.

But first, do you feel safe?  That's the subject of this evening's Talking Points Memo.

President Bush is doing the right thing trying to reorganize U.S. intelligence so it gets smarter.  But if you think that a new home security cabinet position will protect you and your family from fanatical killers, you're wrong.  The only thing director Tom Ridge can do is to demand that intelligence services information directly to him, and that's a good thing, and most politicians agree.

However, Senator Edward Kennedy seems to have questions about it, Mr. Bush's realignments.  He says it's like "rearranging deck chairs on the Titanic," not very original, and when we called Senator Kennedy's office to ask him what he would do to protect us against terrorists, they said they'd get back to us.  We're still waiting.  No surprise.

The no spin truth is this.  There are four steps the United States government is not taking that would protect us better.

Number one.  Put the U.S. military on the border to stop illegal immigrants from coming into the U.S.

Number two.  Order the CIA and special forces to begin assassinating terrorist leadership and financiers.

Number three.  Demand that Mexico and Canada tighten up their immigration policies so the terrorists cannot filter through those countries into ours.

And number four, allow federal authorities to incarcerate illegally in this country and deport them under the War Powers Act.

If Mr. Bush took those steps, we would all be safer.  That being said, targeted violence is impossible to stop, and terrorism will happen again.  But why are we making it easier for the terrorists by not cracking down on obvious trouble spots?

Talking Points believes that many in our government are simply not taking the terrorist threat seriously enough, even after the slaughter on 9/11.  It's time to put politics and political correctness aside.  It is time to start protecting Americans.

And that's the memo.

The Most Ridiculous Item of the Day

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

Our friends at Dillard's Department stores around the country report brisk business for the new line of "You Decide" ties.  Now while some think this is ridiculous, others are having a great time wearing a political statement around their necks.  And that statement is stick it, elite media, we want no-spin information.

Of course, there is a "No-Spin" tie in that collection.  The FACTOR and Fox News channel are proud to be causing so much commotion in the fashion industry, even if some think it is ridiculous.  Check it out on the web site and at Dillard's.  All right?

— You can watch Bill O'Reilly's Talking Points on FOX News Channel, weeknights at 8 p.m. and 11 p.m. ET