01/06/2014 04:15 pm ET | Updated Jan 23, 2014

Watch George Wallace Rip On His Best Friend Jerry Seinfeld

When you can call one of the world's most successful comedians "an idiot," you know you're really BFFs.

Watch a clip from comedian George Wallace's HuffPost Live interview above to hear him rip on (and praise) his longtime friend Jerry Seinfeld, who wrote the foreword to his new book, "Laff it off."

Some of the tidbits might surprise you. For instance, did you know that Wallace and Seinfeld were roommates for 13 years?

BONUS: Watch another clip below to hear Wallace make a bold declaration: "I'm running for President in 2016!"


Funny People, Hidden Talents