"The Pew Research Center’s Project for Excellence in Journalism studied the content of The Daily Show for an entire year (2007), compared its news agenda with that of the more traditional news media, examined the lineup of guests and segments and tried to place the program into some kind of media context. The results reveal a television program that draws on the news events of the day but picks selectively among them—heavily emphasizing national politics and ignoring other news events entirely. In that regard, The Daily Show closely resembles the news agenda of a number of cable news programs as well as talk radio."
Compare the summary on that page with this AP article on it. It's sometime easy to satirize the media.
Here are the two parts of the uncut Doug Feith interview from last night. Yes there are some laughs, but this is in fact real political commentary.
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