Stephen Colbert kicks ass at White House press corps dinner

Stephen Colbert's routine at last night's White House Press Corps dinner sounds like one of those perfect moments of comedy and commentary — someone, find me a transcript!

Colbert, who spoke in the guise of his talk show character, who ostensibly supports the president strongly, urged the Bush to ignore his low approval ratings, saying they were based on reality, "and reality has a well-known liberal bias."

He attacked those in the press who claim that the shake-up at the White House was merely re-arranging the deck chairs on the Titanic. "This administration is soaring, not sinking," he said. "They are re-arranging the deck chairs–on the Hindenburg."

Colbert told Bush he could end the problem of protests by retired generals by refusing to let them retire. He compared Bush to Rocky Balboa in the "Rocky" movies, always getting punched in the face–"and Apollo Creed is everything else in the world."


(Thanks, Stefan!)

Update: Thanks to Butter71 for links to the transcript and video! w00t!

Update 2: Here's a high-quality torrent of the video.

Update 3: Youtube mirror (Thanks, Jon!)

Update 4:
Alternative Quicktime link, Quicktime of Colbert's "audition reel" (Thanks, Krup!)