Stephen starts by talking about the final presidential debate, praising John McCain, but attacking his references to Joe the Plumber. Stephen then talks about the third anniversary of The Colbert Report and that his portrait has now been accepted by Brent Glass as part of the National Museum of American History. He then interviews Robert Greenwald about his series of anti-McCain commercials on YouTube. Stephen then unveils a new portrait of himself, which features him holding his Emmy.
