05/08/2014 11:11 am ET Updated May 08, 2014

Colbert Mocks Fox's 'The Five', Anti-Gay Businesses & Bugs With Female Penises In Latest 'Tip/Wag'

Colbert's latest "Tip Of The Hat/Wag Of The Finger" was jam-packed, featuring stories on a Kentucky embroidery store that refused service to gay couples, the discovery of the female penis in bugs and, perhaps most importantly, another great moment in Fox News' ongoing Benghazi crusade.

When "The Five" host Eric Bolling made the point that the Benghazi tragedy occurred before Bin Laden was taken down, co-host Dana Perino was forced to point out that he was wrong, but "great point if it were true."

Watch Colbert give Perino a wag of the finger for correcting Bolling above.