On last night's "Report," Stephen finally answered the prayers of millions of Colbert Nation citizens and announced his decision to run for President of the United States -- but only in his home state of South Carolina...and on both the Republican and Democratic tickets. CBS' Jeff Greenfield then joins Stephen to assess his electoral prospects.

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President Colbert sure does have a nice ring to it, no? We're trying a new feature out on C&L. I know all the candidates aren't listed, but I'm just testing the software to make sure it works this time---so take the Poll! See more at Indecision 2008 website.