BILL O'REILLY (HOST): OK, so at 1:30 in the morning, you and a far left guy -- and we talked about this in the Talking Points Memo, had a little dust-up, right? JESSE WATTERS: It was really small ball. I was just at this party trying to enjoy myself, this guy comes up to me with a cameraphone, I don't even know who this guy is. O'REILLY: Right. WATTERS: He starts putting it in my face, I was friendly at first, and then he started getting a little obnoxious, and then, you know, things happened, and I regret that it happened, and that's all it is. O'REILLY: But you didn't hit him, did you? WATTERS: Never punched him. O'REILLY: Alright, see, I would have. WATTERS: Of course you would have. O'REILLY: I would have been in jail.