This spin from the Daily Show actually originally had another aim- Stephen Colbert wanted to imitate a guy on FOX NEWS known for the "No Spin" Zone. Unfortunatey the idea failed for some basic reasons.
(1) Colbert is obviously a Democrat which shows quite quickly when you watch about 1 or 2 of these shows.
(2) The "No Spin Zone" will attack Democrats & Republicans who do stupid things. Colbert is strictly hands off the Democrats.
(3) The format got worn out very quickly when the Democrats took power, so the humor no longer takes chances or has a edge like when Bush & the Republicans had power.
The word got out quickly as Comedy Central moved this & the Daily show to a less attractive time slot as soon as O'Bama took power. The gig is up, and that is THE WORD on Colbert.