transcript of stephen colbert at the white house correspondents dinner....

thanks to high life for sharing this one...

Ladies and gentlemen, I believe it's yogurt. But I refuse to believe it's not butter. Most of all, I believe in this president.

Now, I know there are some polls out there saying this man has a 32% approval rating. But guys like us, we don't pay attention to the polls. We know that polls are just a collection of statistics that reflect what people are thinking in "reality." And reality has a well-known liberal bias.

So, Mr. President, please, pay no attention to the people that say the glass is half full. 32% means the glass -- it's important to set up your jokes properly, sir. Sir, pay no attention to the people who say the glass is half empty, because 32% means it's 2/3 empty. There's still some liquid in that glass is my point, but I wouldn't drink it. The last third is usually backwash. Okay, look, folks, my point is that I don't believe this is a low point in this presidency. I believe it is just a lull before a comeback.