Homeless New Jersey man beaten then wished 'Merry Christmas!' on video

A 20-year-old and a 17-year-old have been arrested in New Jersey after they allegedly posted videos on YouTube of themselves beating and kicking a homeless man.

Taylor Giresi, 20, allegedly beat the homeless man in a wooded area of Wall Township as an unidentified 17-year-old cameraman cheered him on, according to The Associated Press.

"About to go beat up this bum," Giresi says as the video begins.

After pushing the homeless man to the ground, the suspect kicks him in the head. As the homeless man gets up, he is hit with a rock and falls again.

"Take his bike," the cameraman says.

"No, I need my bike!" the man exclaims.

In a second video, Giresi is seen tackling the homeless man from behind. Blood is flowing from his nose as he stands up.

"Oh, my God, you're bleeding!" the teen cameraman says sarcastically. "We didn't mean to do that. I'm sorry. I'm so sorry. Wipe off the blood."

Giresi then reaches out with his arms as if to give the homeless man a hug, but instead gives him a knee to the stomach.

As the man begins to scream, Giresi delivers one last flying kick to the head before turning to leave.

"See ya, later," the cameraman remarks at the end of the first video. "Merry Christmas, Happy Hanukkah or whatever the fuck you are."

Giresi was charged with aggravated assault and held on $60,000 bail. The teen was charged with conspiracy and released to his parents.

The videos have been removed from YouTube for hate speech violations.

UPDATE: The Wall Township Police Department is taking donations for the victim of this crime. Monetary donations can be mailed to: WHIP, P.O. Box 1214, Wall, NJ 07719. Include the words "assault victim" in the memo portion of your check.

Warning: The following videos from ABC News and Asbury Park Press are graphic and disturbing. They were broadcast on Dec. 19, 2011.