Last night Colbert was furious at Rush Limbaugh's critics who accuse him of being intellectually dishonest about "carrying the water for people who don't deserve having their water carried" all these years. Al Franken joins Stephen to do an election victory dance and to talk about his potential 2008 Senate run and Rush's mea culpa.

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Colbert: It's true. He has carried a lot of water -- and not just to help him swallow all those pills. Do you have any idea how hard it is to convince the American public to believe in things that you don't? And all he gets in return is $35 million a year?!