*note to humor impaired CTists: Colbert is being sarcastic.
Some excerpts from the transcript:
Wow, wow, what an honor. The White House Correspondents' Dinner. To just sit here, at the same table with my hero, George W. Bush, to be this close to the man. I feel like I'm dreaming. Somebody pinch me. You know what? I'm a pretty sound sleeper -- that may not be enough. Somebody shoot me in the face.
.....
...my name is Stephen Colbert and it's my privilege tonight to celebrate this president. He's not so different, he and I. We both get it. We're not brainiacs on the nerd patrol. We're not members of the factinista. We go straight from the gut, right, sir? That's where the truth lies, right down here in the gut. Do you know you have more nerve endings in your gut than you have in your head? You can look it up.
I know some of you are going to say, "I did look it up, and that's not true." That's because you looked it up in a book. Next time look it up in your gut.
.....
Now, I know there are some polls out there saying this man has a 32 percent approval rating. But guys like us, we don't pay attention to the polls. We know that polls are just a collection of statistics that reflect what people are thinking in "reality." And reality has a well-known liberal bias.
The transcriptThe entire video