They think we're stupid. They're right.

'Lies' may not matter in U.S. election

"The more The New York Times and The Washington Post go after Sarah Palin, the better off she is, because there's a bigger truth out there and the bigger truths are she's new, she's popular in Alaska and she is an insurgent," John Feehery, a Republican strategist, told the newspaper. "As long as those are out there, these little facts don't really matter."

Colbert's "truthiness" bit isn't looking so funny about now.