The show opens with a teaser of content from the show, which involves everything from Elmo to Nancy Grace.
Stephen starts the show off by talking about how Christmas survived this year.
Stephen then gets into Bill O'Reilly's interview on David Letterman's show. Stephen also shows an interview he did on Conan's show, where he was shot.
Stephen gets right into the news, which has Samuel Alito trying to become a member of the Supreme Court. He pokes a little fun at the Justice Sunday III gathering.
Stephen then moves on to tonight's edition of "The Word", which is... well, there is no word, because there's no story. Stephen insists there's really no story with Jack Abramoff and Tom DeLay.
Back from commercial, Stephen introduces another "Tip of the Hat/Wag of the Finger" segment. Scientists receive a "Tip of the Hat" for a recent study which proves cute images pleasure the brain like sex and some drugs do. A "Tip of the Hat" goes to Elmo, who is trying to get kids to potty train by threatening them with death. And finally, Kareem Abdul-Jabbar receives a "Wag of the Finger" for his announcement of him working on a documentary which explores how jazz and hip-hop has influenced basketball. Stephen objects to it as he's already done a documentary on the subject.
Back from commercial, Stephen welcomes tonight's guest, Nancy Grace. Their discussion was all about criminals, lawyers, and judges, as Nancy Grace is a crime reporter for CNN and Court TV.
Back from commercial, Stephen ends the show by announcing "truthiness" was voted the number one word of the year. Because the author of the news piece didn't mention Stephen's name, he puts the author on his "Dead To Me" list, and the supposed source for the word, on the "On Notice" list.
I thought this was a pretty good start for the new year, but everything up to "The Word" was a bit ridiculous and pointless, I guess. The interview with Nancy Grace was funnier than I expected; she seemed to enjoy her time on the show. The best part of tonight's show was the ending, oddly enough. With "truthiness" the word of the year, I knew Stephen was going to have to comment on it, and he did a very good job.