Stephen Colbert was the keynote speaker for the Washington Press Corps’ annual “Aren’t We Swell?” banquet. Ouch. Stephen delivered withering satire directly aimed at the President, who was a mere ten feet away. The press didn’t escape either his scorn either, but they didn’t seem to know it. A breathtaking performance that will be replaying on C-SPAN for months. Video here. Transcript here. Salon.com write-up here.