01/27/2012 09:11 am ET Updated Dec 06, 2017

Stephen Colbert Mocks Sean Hannity's 'Great American Panel' (VIDEO)

Stephen Colbert mocked one of Sean Hannity's regular Fox News features on his Thursday show by assembling a ragtag political panel to discuss the day's news.

Colbert told his audience that he'd noticed that "some shows let other people talk." He singled out Hannity's "Great American Panel" as a big example of this, and played a clip of Hannity, "inexplicable football in hand," speaking to Michele Bachmann, Al Sharpton...and Meatloaf.

"Finally, a forum for Meatloaf to express his political views!" Colbert said. "Until now, they were only on his album 'Farm Subsidies Out Of Hell.'"

Never shy about ripping off a good idea, Colbert then assembled a group of guests who, as he put it, "were in town." The members of the "Great Available Panel"? CNBC's John Harwood, The Nation's Katrina vanden Heuvel...and David Cassidy.

Watch how that went in the clips below.