The Colbert Report
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Sad but true - Stephen Colbert nails it:
"First, we ask you what you think the news is. Then report that news you told us back to you. Then take an insta-Twitter poll to see if you feel informed by yourself. Which we will read on the air until we reach that golden day when we are so responsive to our viewers that cable news is nothing but a mirror, a logo, and a news crawl."