The show opens with a teaser of content from the show, which involves everything from a prom to the monkeys using tools.
Stephen starts off with news that Ted Koppel is being pulled and is being replaced by three anchors. Stephen takes it as this is a response to Stephen's awesome show, in that they're surrendering. Stephen then profiles the people who are replacing Koppel.
Tonight's word is Bacchanalia. Stephen goes off on a rant discussing rich people, and how great they are for the country. A school has cancelled prom because it's turned into a show about who has how much money.
Since there is so much news out there, Stephen introduces a segment called "All You Need To Know", where he would introduce a news story, and tell you just what YOU would need to know from that. News topics included Michael Chertoff, McDonalds, Denmark's new prince is born, and the PowerBall lottery.
Back from commercial, Stephen introduces Leslie Stahl, from 60 Minutes. The interview centered around her time at 60 Minutes, the current scandal regarding the CIA Valerie Plane leak, and her reporting of the Watergate scandal.
Back from commercial, Stephen discusses congressional districts in a segment called "Better Know Your District". Stephen offered a complete profile of the first district of Georgia. Stephen actually went down there to interview a Congressman Kingston there.
The show ends with Stephen talking about James Brady, which Stephen took shots at for trying to take away people's guns so they don't shoot someone. Well, Stephen brought out a fax he allegedly received from James Brady, threatening him. Since James Brady doesn't own a gun, Stephen claims victory because he would have to forfeit.
While not as good as the first episode, the second episode did a good job at making me laugh. Stephen's take on the fact that Ted Koppel is being replaced by three anchors was hilarious. During the interview with Leslie Stahl, you got to see and hear Stephen laugh, which you really never got to see happen on The Daily Show. It was impossible for the second episode to compare to the first. Everything went so well in the first. The main change I noticed, aside from the general content of the show, was the lighting in the interview area. It's much better, you could see more of the area.