Stephen is impressed that Warren Buffett can hire Bill Gates to spend his money, but disappointed he didn't consider the Stephen & Melinda Gates Foundation. (2:19)
We've heard about immigration, health care, and who can say "9/11" five times fast with crackers in his mouth, but no candidate has given a job description of the presidency. (5:00)
America's top colleges cancel early admission, Stephen profiles New Jersey's 5th district, and Daniel Ellsberg discusses a possible war in Iran. (0:38)
Stephen doesn't like reality TV -- anything that makes stars of ordinary people takes money out of the pockets of extraordinary people like him. (3:39)
Based on the Southern Republican Leadership Conference straw poll, The Colbert Report predicts that Bill Frist will win the presidential election in 2008. (2:08)