Appearing on Thursday’s "Colbert Report," former "60 Minutes" anchor Mike Wallace mostly discussed innocuous subjects such as the joys of smoking. However, after being prompted by host Stephen Colbert to share his "doubts about our system of government," Wallace segued into an odd digression about how a parliamentary system would give Americans an easier way to get rid of its leaders. In other words, don't wait for Bush to go back to Crawford, kick him out now:

Stephen Colbert: "Now, you say you, you have some doubts about our system of government. I agree with you. Should we get rid of the Congress or the judiciary first? What, what do you mean by that?"

Mike Wallace: " I'm not kidding."

Colbert: "Okay. I know you’re not."

Wallace: "Forget– Forget impeachment. What you– Forget impeachment? Good luck. The– The– A representative government in which you can vote no confidence in a president or the leader and get rid of him."

Colbert: "Well, that's Canada, sir. That's Canada!"

As reported by NewsBusters, Bill O’Reilly and Stephen Colbert squared off Thursday evening in well-publicized meetings on each other’s popular programs. According to the Los Angeles Times, this was a ratings bonanza for both:

Colbert helped O'Reilly draw more than 2.9 million viewers, a boost of 46% over last quarter and a hike of 67% among 25- to 54-year-old viewers.

With O'Reilly on his show, Colbert garnered 1.64 million viewers, up 50% over last quarter, and his biggest audience ever.

Nice numbers. The article also addressed how cordial the meeting between the two stars was, and included an interesting video of the event created by the Associated Press:

As many folks are aware, Fox News’s Bill O’Reilly and Comedy Central’s Stephen Colbert decided to finally meet one another and be interviewed on each other shows Thursday night.

Strangely, the segment on the “O’Reilly Factor” was actually much funnier than “The Colbert Report,” as Stephen began: "I want you to know that I spend so much time in the world that is spinning all the time, that to be in the no spin zone actually gives me vertigo."

However, I don’t want to spoil any more of the fun. As such, the video of Thursday’s “Factor” is available here, and “The Colbert Report” here.

What follows is a full transcript of the fun on the former. Enjoy.

According to ex-CNN reporter Judy Woodruff, both her former network and PBS are "God-fearing, America loving" organizations. The veteran journalist, who is now promoting a documentary on young people for public television, appeared on the Thursday, January 11 edition of Stephen Colbert’s "Colbert Report." Before discussing Ms. Woodruff’s new investigative report, the Comedy Central host shifted into his faux-conservative mode and attacked CNN and PBS. This exchange followed at 11:50pm:

Stephen Colbert: "Now, you used to work for CNN. Now, you're doing this documentary, which sounds fascinating, for PBS. Is that– Is it– But, you've gone from, you know, an organization that clearly hates America to an organization that is proto, like, commie. Is it possible to go further left then PBS on television?"

Judy Woodruff: "Now, no. Absolutely not. You know that's not true."

Colbert: "I do not not know that’s true. I do not not know that’s true? Yes. Bill Moyers is, like, got his Mao’s little red book in his back pocket, right? You're wearing a pink outfit."

Woodruff: "PBS is a God-fearing, America-loving organization. Just like CNN."

Washington Post columnist E. J. Dionne attempts to redefine the "real America" as the new headquarters of liberal chic, and picks the fake-newscasters of Comedy Central as the trendiest of left-wing gunslingers:

In a special edition of MSNBC's Hardball College Tour former NBC Nightly News anchor Tom Brokaw went on diatribes against the President's war policy, comparing it to Vietnam, praised "rock star" Barack Obama, castigated "blatantly racist" Republican ads, charged Ronald Reagan neglected, "Mother Earth," and declared of the notoriously liberal Daily Show: "There are

Appearing on the Monday edition of Comedy Central’s "Colbert Report," PBS host Jim Lehrer dismissed any hint of a liberal agenda, declaring himself "bias-free." The "NewsHour" anchor also indicated that the real problem is the distorted viewers, not slanted reporting:

Stephen Colbert: "Now, um, do you believe that you have a liberal bias?"

Jim Lehrer: "I know I do not have a liberal bias."

Colbert: "You know you have a liberal bias?"

Lehrer: "No. I do not have a liberal bias. I do not have--"

Colbert: "You don't have a liberal bias."

Lehrer: "I don't have a conservative bias either. I don't have any bias. I am bias-free."

Colbert, in his faux conservative tone, continued to press the PBS anchor, leading to Lehrer’s claim that the audience is at fault for perceiving bias:

Colbert: "Oh come on, come on now."

Lehrer: "No, no, no. Bias is what people who hear or read the news bring to the story not what the journalist brings to the reporting."

The November 15 edition of "The Colbert Report" on Comedy Central offered more proof of comedian Stephen Colbert's ineffective charade at pretending to be a conservative. The hatred for conservatives comes through loud and clear as Colbert mocked Rush Limbaugh's addiction to Vicodin and compared him to mass-murder-inspiring Charles Manson.

Just who is David Kuo? For starters, he used to be the Deputy Director of the Office of Faith Based and Community Initiatives. Additionally, he has now written a book claiming the Bush White House is selling out evangelical Christians. But is he as conservative as the media would have Americans believe? The author appeared on the October 18 edition of "The Colbert Report" and seemed to fit right in with "pretend right-winger" Stephen Colbert:

Stephen Colbert: "Let's get Jesus in the Oval Office. You heard me at the top of the show. Why not do it? How does that hurt to equate God with the President? How does that- How does that hurt?"

Kuo: "Because it gives the impression that Jesus endorses a particular political agenda, you know, that Jesus is somehow, you know, pro-life, anti-homosexual, pro-Iraq war and pro-estate tax. You know, when Jesus actually wasn't about those things. You know, It's the good news. Jesus was raised from the dead. Jesus comes to give life, give it in full. That's Jesus. One is politics. A big difference."

Republican Congressman James Saxton is not exactly an endangered incumbent, as CQ and C-SPAN rate him as safe. But, you wouldn’t know that from watching Thursday’s "Early Show" on CBS.

Time's special edition on the 100 most influential people is especially slavish in its "Artists & Entertainers" category. Al Franken typically overstated the ideological fervor of conservatives in hailing Arianna Huffington's flip-flopping away from conservatism: