Stephen Colbert called out Bill O'Reilly last night for propping up rumors about Caroline Kennedy by insisting that he wouldn't report on them.
Colbert meshed video from "The O'Reilly Factor" with live commentary to create a fake conversation with Bill-O, not unlike the Coors commercials featuring NFL coaches in post-game press conferences.
"I am pleased to be joined right now, live from last Thursday's 'The O'Reilly Factor' by "The Colbert Report's' Caroline Kennedy correspondent," Colbert said. "Please welcome Bill O'Reilly!"
Colbert then went back and forth in a hilarious faux-exchange with O'Reilly over rumors about Caroline Kennedy.