the costs of it are not borne by the stephen colbert's even if it's stephen colbert's of the world thatt about they are borne by the people 15 stops away from here. [cheers and applause] >> stephen: you are something of a populous here. >> something of that, yes. >> stephen: you are say begun, you know, the book offers a few -- a down to earth solutions for elitists like me who fetishize, you know, big thoughts and stuff like that. you suggest, and i quote "building a transid logical coalition that could actually dislodge the power of the post meritocratic elite -- it doesn't get any more populous than that. i wish woody guthrie were alive to set that to muse ic. good luck with the revolution comrade hayes. >> thank you, stephen. >> stephen: the book is "the twilight of elites." i think it has vampires

stephen colbert that includes many transatlantic trips. that clip later in the show. let's get to the news live at 5:30 a.m. here at 30 rock. we begin with strong words in what the romney campaign calls a new low in the election. an off the cup remark by joe biden made yesterday in vir very describing the damage he said romney's policies would cause by the deregulation of wall street. >> look at what they value at their budget. romney said the first 100 days, he will let the big banks write their own rules. unchain wall street. they will put y'all back in chains. >> that line was during a rally that included a big number of african-americans in the audience. the romney campaign quick to call the comments unacceptable, accusing the vice president of using racial under tones, rapping up a bus tour, romney did not come back, lashing out against the obama campaign. >> his campaign and surrogates made wild accusations that disgraced the office of the presidency. another outrageous charge came a few hours ago in virginia and the white house sinks a little bit lower. this is

. >>> plus, stephen colbert invites gymnastics fab five to his show, not as guests, but as interns, that clip, later in the show. first, let's get to the news, live at 5:30 a.m. here at 30 rock in new york city. we begin on the campaign trail in ohio, where republican vice presidential candidate paul ryan for the first time in his own stump speech, brought up the subject of medicare. the obama campaign from the moment ryan was announced has zeroed in on the ryan's budget plan to fix the entitlement program, speaking to a crowd last night in ohio, ryan said he's ready to take on the fight over entitlements. >> the president, i'm told, is talking about medicare today. we want this debate. we need this debate. and we will win this debate. what i don't think he'll be telling people is that the president took $716 billion from the medicare program, he raided it to pay for obama care. the president's campaign says this raid of medicare to pay for obama care which leads to fewer services for current seniors is an achievement. do you think raiding medicare to pay for obama care is an achievement

stephen colbert. take it away, stephen. (cheers and applause) hi! come on in! welcome people. silt down. welcome to the bridge of the intrepid where i am broadcasting from an exact replica of my studio built right inside the ship. it is so exciting. last night i launched a cruise missile. (laughter) my apologies to the people of wee hawkin. folks, speaking of blowing up on saturday mitt romney announced paul ryan as his vice presidential pick. and every news organization in the country has been clamouring to learn more about the dynamish duo but only one publication had a reporter out there on the bus on day one. people magazine. oors mitt romney calls it, corporations magazine. (laughter) a reporter from people joined romney and ryan on the campaign bus the day after the announcement and filed one of the most penetrating fluff pieces in this week's issue. it's title eled mitt romney and paul ryan, the honeymooners. named for that giddy honeymoon period early in every relationship when everything feels new and exciting before, inevitably, it stays that way forever. now not tha

stephen: beautiful. you ready for the colbert bump? stephen: i'm going bump the (bleep) out of you tonight. get a hand in here. all right, ♪ colbert ♪ colbert... colbert... ♪ >> stephen: we'll be right back with music of some sort from grizzly bear. (cheers and applause) we asked over 3,000 doctors to review 5-hour energy and what they said is amazing. over 73 percent who reviewed 5-hour energy said they would recommend a low calorie energy supplement to their healthy patients who use energy supplements. seventy-three percent. 5-hour energy has four calories and it's used over nine million times a week. is 5-hour energy right for you? ask yodoctor. we already asked 3,000. [ male announcer ] introducing new dentyne split to fit pack. it splits in to two smaller, sleeker packs that fit almost anywhere so you can take them everywhere. dentyne split to fit. practice safe breath. >> stephen: welcome back, everybody, ladies and gentlemen, you're in for a treat. the band you're about to see has not played a concert in two years but they're do

stephen: beautiful. you ready for the colbert bump? stephen: i'm going bump the (bleep) out of you tonight. get a hand in here. all right, ♪ colbert ♪ colbert... colbert... ♪ >> stephen: we'll be right back with music of some sort from grizzly bear. (cheers and applause) summer road trip, huh? as the hotel experts, finding you the perfect place is all we do. this summer, save up to 30%, plus get up to $100 on us. welcome to hotels.com. >> stephen: welcome back, everybody, ladies and gentlemen, you're in for a treat. the band you're about to see has not played a concert in two years but they're doing it for you. (cheers and applause) their new album shields drops on september 18. i want you all to buy this album because we're giving them the colbert bump. we are bumping the bears! ladies and gentlemen, grizzly bear! (cheers and applause) ♪ ♪ ♪ you're the only one ♪ just to drive ♪ lately it's about all i can take ♪ i will live an anthem ♪ ♪ ♪ ♪ ♪ ♪ ♪ i don't know what was the same ♪ if i could i would leave it all to you ♪ ♪ ♪ ♪ take it

stephen: beautiful. you ready for the colbert bump? >> stephen: i'm going bump the (bleep) out of you tonight. get a hand in here. all right, ♪ colbert ♪ colbert... colbert... ♪ >> stephen: we'll be right back with music of some sort from grizzly bear. (cheers and applause) so dude. what is this you're listening to? you need to pump up some jams. c'mon. it's friday. it's time to get this party started. sfx: the tag starts making techno beats with his mouth. wha, ow! mj in the housey-house! tags are annoying. so we got rid of them. new hanes tagless underwear. go tagless. >> stephen: welcome back, everybody, ladies and gentlemen, you're in for a treat. the band you're about to see has not played a concert in two years but they're doing it for you. (cheers and applause) their new album shields drops on september 18. i want you all to buy this album because we're giving them the colbert bump. we are bumping the bears! ladies and gentlemen, grizzly bear! (cheers and applause) ♪ ♪ ♪ you're the only one ♪ just to drive ♪ lately it's about all

stephen: beautiful. you ready for the colbert bump? stephen: i'm going bump the (bleep) out of you tonight. get a hand in here. all right, ♪ colbert ♪ colbert... colbert... ♪ >> stephen: we'll be right back with music of some sort from grizzly bear. (cheers and applause) telephone rings ♪ hello... ♪ what the... what the... what the... ♪ ♪ are you seein' this? ♪ uh-huh... uh-huh... uh-huh... ♪ ♪ it kinda makes me miss the days when we ♪ ♪ used to rock the microphone ♪ back when our credit score couldn't get us a micro-loan ♪ ♪ so light it up! ♪ even better than we did before ♪ ♪ yeah prep yourself america we're back for more ♪ ♪ our look is slacker chic and our sound is hardcore ♪ ♪ and we're here to drop a rhyme about free-credit-score ♪ ♪ i'm singing free-credit-score-dot-com ♪ ♪ dot-com narrator: offer applies with enrollment in freecreditscore.com >> stephen: welcome back, everybody, ladies and gentlemen, you're in for a treat. the band you're about to see has not played a concert in two years but they're doing it for you. (cheers a

stephen colbert has other ideas. we will watch the late night host prep the liberal members for the vp nomination by team romney. this is the plan for back to school. introducing share everything, only from verizon. a shareable pool of data to power up to 10 different devices. add multiple smartphones to your plan, so everyone in your family can enjoy unlimited talk and text. the first plan of its kind. share everything. get your student a samsung galaxy nexus for $99.99. what are you gonna do? ♪ [ cross ] i'm gonna finish what he started. [ dita ] it's aaron cross. consider the magnitude of what we're facing. let's go. [ male announcer ] "the bourne legacy." rated pg-13. . >>> we told you at the top of the hour that the u.s. women's soccer team held on for a victory yesterday to earn olympic gold. even president obama took notice, congratulating the team on twitter. tell your friends the 80,203 fans that packed the stadium set a record for the highest attendance ever for the women's soccer game. the previous record

>>> and stephen colbert is thrilled about the choice of paul ryan, but perhaps not for the reasons the rest of you are. >>> with gratitude and with determination, i accept your nomination. and i am proud to run on the progressive and sound platform that you have hammered out at this convention. ♪ [music plays] ♪ [music plays] ♪ [music plays] [ female announcer ] new roc® retinol correxion max. the power of roc® retinol is intensified with a serum. it's proven to be 4x better at smoothing lines and deep wrinkles than professional treatments. roc® max for maximum results. >>> it is 5:44 in the morning. and dark as night outside. isn't there any summer left? it used to be light out when i did this shot. that's depressing. let's check your weather now from nbc meteorologist bill karins who is lurking over my shoulder. >> we're losing a minute in the morning and a minute at night. two minutes a day it's going quick. >> christmas right around the corner. >> start saving. we start with good news this morning, a light soaking rain moving across the state of kansas. probably one of the poster c

this is the stephen colbert. captioning sponsored by comedy central ( theme song playing ) ( cheers and applause ) >> stephen: welcome to the report, everybody. >> stephen! stephen! stephen! stephen! stephen! stephen! >> stephen: good to have you with us. thank you so much. folks, let's get right to it. so much to talk about tonight. for years now, i have been warning about the looming dangers of obamacare. i sounded the alarm about death panels, nobody listened. i told you about rationed care but it fell on preventably deaf ears. but still, still, the terrifying menace of affordable health care draws ever closer, but today, americans finally got the wake-up call from one source they can still trust-- their pizza. ( laughter ) jim. >> will obamacare make your pizza more expensive? >> c.e.o. of papa john yesterday, came out and said, in 2014 "our best estimate is that the obamacare will cost about 11 to 14 cents per pizza. >> stephen: 14 centss! that's three times the value of a papa john's pizza. ( laughter ) ( ap

(laughter) now, in the meantime, let's check in with my good friend stephen colbert on the bridge of e "intrepid." stephen, are you there? (cheers and applause) >> stephen: hello! thank you so much. is (audience chanting "stephen") oh, that's lovely. thank you so much. i could do that twice a night. (laughter) here we are on the bridge of the "intrepid," this exact replica of my studio. it's really nice. not as nice as the replica i had built at home but much nicer than the one on my jet. (laughter) folks, it has been a great week of gold and i would like to give a shout out right now to all my intern who work so hard on this week's concert. (cheers and applause) this is the last week for the summer interns and i cannot thank you guys enough. thank you so much. but, folks, we've got the new batch of interns that might be the best ones to date. (laughter) five bright young women who just returned from some kind of study abroad program in london. anyway, they're very helpful and speaking of which i don't have my pen. jay the intern, could someone bring me my pen, please? >> could you gi

. >>> and stephen colbert takes bachmann's side kind of. he says since he's a muslim and a brother, he's part of the muslim brotherhood. >>> we begin with the slide show. ed rendell was governor of pennsylvania. he's now an msnbc analyst. gentlemen, take a look at three new polls that have come out in the past few days. all have the president with wide margins over mitt romney. in the reuters poll, obama leads by seven points. the cnn poll released yesterday also has him up by seven. and according to the latest fox news poll, the president leads by nine points. last month the president was ahead by only four in that poll. the margins are even more dramatic among independent voters. in the cnn poll, they broke for obama by 11 points. that's the same margin in the fox news poll. nate, i love your blog. you think there's more to the story. tell me why you're not necessarily buying this. >> we get 15 to 20 poles a week. you're going to have outliars. if you look at the broad trend in the race. gallup still has it tied for instance. i think obam

stephen colbert it there he is up in the window. wave to him, everybody. stephen, take it away. oh, hi, thanks, stephen, hi, welcome aboard. welcome welcome my friend to the bridge -- >> stephen, stephen, stephen! stephen, stephen, stephen! >> stephen: thank you so much, americans, welcome to the bridge of the intrepid where this week i'll be broadcasting from an exact replica of my-- it was expensive, wasteful and destroyed historic naval artifacts but it was worth it because it is my job to keep you inferred on the stories you care about. i know there has been a lot of concern in my circle of friends that the republicans have been leting this election get away from them. but worry no more. because saturday morning mitt romney made the most important announcement of his political career. >> in welcoming the next president of the united states, paul ryan. >> stephen: paul ryan for president! whooo! whooo! oh, whooo! what a relieve. because for nine months now i thought i was going to have to vote for mitt romney. i got to tell you, i was worried. you got me! you got me! oh my go

or, or as he said in my nonfact check version, i would totally do stephen colbert. >> the feel is, theng is understandable. but some in the media understand that for ryan to be a true game changer, he has got to treat reality like a game. i mean, cmn gets it. >> the critics out there will dispute some of his facts in the speech, there is no doubt he delivered for the republicans. >> there will be some issues there with some of the facts. but it motivated people. >> there were do you think there were some misstatements of facts? >> but let's not forget. this is a speech about big ideas. >> stephen: yes. huge ideas, ideas like lying is handy. i mean, if we cared about facts, i mean would warren g harding have invented the cotton gin? would president reagan have won the 1987 nba slam dunk contest? no! besides, may i remind everyone out there is the presidential race. and to win a race, sometimes you need to juice. ryan stretching the truth to make his speech more effective is just another form of doping. in that, if you believe him, you're a dope. and it feels good. and if they win the el

this is the stephen colbert. sponsored by comedy central ( theme song playing ) ( cheers and applause ) >> stephen: welcome to the report, everybody. >> stephen! stephen! stephen! stephen! stephen! stephen! >> stephen: good to have you with u