Stephen talks about the bias of the media and the mainstream media's "subliminazi cropaganda". And more about the Enron trial, how Fastow's testimony accuses Skillings and Lay of malfeasance which leads into Tonight's The Word "Scapegoat". In the segment Was It Really That Bad?, Stephen talks about unions vs. no unions. Stephen interviews Keith Olbermann, host of The Countdown on MSNBC. They talk about Keith Olbermann's ongoing feud with Bill O'Reilly.
Stephen Colbert: Tonight, I'll tell you why all this fuss about Enron is a huge waste of energy. Then, a strike may have canceled the 2005 hockey season, but there are some bad things about labor unions. Plus MSNBC's Keith Olbermann is here, I'll ask him how he escaped the gravitational pull of Chris Matthews head. Light the light, and put the biscuit in the basket, this is Sportscenter. Nope! This is the Colbert Report.