The boss is guest hosting The O’Reilly Factor tonight. We’re about half way in, and she’s turning in a fine performance. Secretary of Homeland Security Michael Chertoff, Sen. Lindsay Graham and Rep. Ron Paul all declined to appear on the program tonight, make of that what you will. Follow the links to see what I make of it.

We’ll update with video highlights after the show. Until then and afterward, discuss away!

Update 1: Here’s Michelle’s opening salvo, the Talking Points Memo. She riffed this like it was a Vent, and if Fox doesn’t mind I might just turn it into one.

Update 2: “This is so much fun without Bill!”

Update 3: You’ll probably not hear a more concise destruction of the immigration bill than the one that former House Speaker Newt Gingrich delivered on The Factor tonight.

Update 4: This segment was the closer–Michelle and Fox business analyst Terry Keenan discussing rising gas prices. Good solid economics reporting, no conspiracy theorizing.