The show opens with a teaser of content from the show, which involves everything from Canada's elections to New Jersey 8th district.
Stephen starts off the show by discussing "thunder snow," a sure sign of God's anger at us.
He then transitions into another "Who's Attacking Me Now?" segment. It seems Russ Lieber is attacking Stephen again on his radio show. It seems Stephen lied about being in the Marine Corps, so Russ challenged him on it.
Stephen then starts discussing the outsourcing of jobs. This brings us to tonight's edition of "The Word," which is "Wham-O." It seems another company is moving to China. Also, a report from Europe says the United States is outsourcing torture. Stephen suggests creating a domestic torture industry for the U.S., which can involve Detroit, for instance. Just think of the jobs it would create!
Back from commercial, Stephen wishes a little girl a Happy Birthday because she won a drawing contest in which she drew a picture of Stephen. It seems a newspaper even printed the photo of Stephen. He plans on sending her a Colbert Report t-shirt.
Stephen then transitions into how depressing this time of year is. Stephen is announcing a Colbert Cruise. He then shows a funny vacation video they worked on for the cruise.
Back from commercial, Stephen welcomes tonight's guest, Pat Begala. They talk about how Pat helped President Clinton with soundbites. They also discuss the 2006 elections.
Tonight's episode was another good installment of the show. The cruise package they put together was a bit silly, but it was still another good show.