Stephen took aim at Bill Clinton last night… literally. Colbert expressed his disapproval with Knox College for giving Bill Clinton the same honorary degree as himself by throwing his into a giant sheet of foamcore, hitting Bill in the gut (the one place that has more nerve endings than the head).

Colbert then moves on to praise the Albanians, who are apparently more American than we are for being able to overlook the Iraq war, the congressional page sex scandal, the Abramoff scandal, illegal wiretapping, secret prisons, the torturing of detainees, the outing of Valerie Plame, the Abu Ghraib abuses, the no-bid contracts, the federal reaction to Hurricane Katrina, and the US attorney firings.