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If you want to have a discussion about it in your own home with your own friends, it gets a lot healthier that way. >> laura: was out recently saying that race is going to be a significant factor in this presidential election. and he said, look, that's just a fact. that's where we are out. so, three years after president obama was inaugurated and with much fanfare and historic and that great speech in 2004 about a nation being brought together, i don't think there is any question that rather is right on this. race is going to be a big factor. o'reilly said this is going to be one of the nastie...

Privilege of skin color. >> he's back. reverend jeremiah wright delivers a controversial sermon on faith, race, and politics. we're going to show you the tape. trust me, you do not want to miss this one. >> richard nixon, fund mentionly dishonest or he just get in over his head in watergate thing. >> dishonest or stupid. >> and the factor honors mike wallace. we will show you a classic o'reilly interview with the legendary news man. >> monica lewenski? he could have done better. >> laura: caution. you are about to enter the no spin zone. the factor begins right now. captions by closed captioni...

There. >> laura: i was off for a few days last week so i was a little late to hearing the news about nbc. and nbc states that its producer inadvertently edited this part of the 911 call out where the dispatcher had asked zimmerman. tell me what he looks like. and he said well, he is hispanic, black? he said i think he's black. he is wearing a hoody. the way that ended up airing on "the today show" was very deceiving but nbc news says no harm. we didn't mean to do that. the guy is fired. is that good enough? >> well, sure. first of all, it's a little disappointing that this happened. everyone i...

Time -- augusta. the private club deal, to me, that's their decision. that's how they want to run their club. he felt the need to say well, i guess something like well, i think maybe they maybe should admit women but i have other things to focus on. why even go down that road? it seems to me you are never going to beat the democrats on pandering to a particular interest group. why even go down that road of commenting on the rules of a private club? >> well, i think because the media is so focused on it what we -- i saw last week, the the media was just very focused on augusta. the good thing a...

Transcript of the 911 call indicates that george zimmerman did not continue, it looks like, to track trayvon martin after he was told. hey, we don't need you to do that the transcript does not indicate and the call does not indicate that he actually then set about going after trayvon martin. we will learn more. i do think when it's this explosive, you can't make those mistakes. and i don't think it's enough for nbc to say well, we are not going to -- they don't know who it was. >> we don't know who it was. let's make it clear that this is a very complex case. as we know more complex than we in...