Jesse Jackson's hot mic remarks were played by Bill O'Reilly last night. They were captured in a discussion with Dr. Reed V. Tuckson, executive vice president and chief of medical affairs for UnitedHealthCare Group.

Said Jackson: "See, Barack been, um, talking down to black people on this faith based ... I want cut his ---- off ... Barack ... he’s talking down to black people."

Yesterday, Jackson issued a preemptive apology for the remarks.

O'Reilly seemed more excited about discussing the clips they didn't play, because of course they're something he can speculate endlessly about.

UPDATE: Gawker says a FOX staffer told them that in the unseen footage Jackson refers to Obama using the N-word.

Watch the clips AFTER THE JUMP...