Monday's Late-Night Joke Round-Up: Anderson Cooper Smells Lou Dobbs, Madoff v. Groundhogs (VIDEO)

Monday's Late-Night Joke Round-Up: Anderson Cooper Smells Lou Dobbs, Madoff v. Groundhogs (VIDEO)

There were some serious lessons to be learned last night. First, a logic problem: Michael Steele is to Barack Obama as Tickle Me Elmo is to... According to Jon Stewart, the answer is Giggle-Time All-Mo. Sad, but hilarious.

Conan followed up with a basic but important lesson regarding Michael Phelps: "Kids, never share your pot with someone who has the lung capacity of a dolphin."

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