Stephen Colbert of Comedy Central NEVER FAILS. In this video Colbert provides his funny spin on former ethics crusader-in-chief, Governor of New York and Emperor's Club Lifetime Member, Steven Spitzer, more commonly known by his middle name of "Elliot," and Steven/Elliot's unfortunate, uh, banging-a-whore-for-money scandal.

As Colbert says, "If I had a nickel for every time I was wrong, I'd be broke."

Doe-Nuts, what is your thoughts on this scandal, Mr. Colbert, Mr. Spitzer, or the misunderstood Paris Hilton heir apparent, "Kristen?"