Wednesday night on "The Colbert Report," host Stephen Colbert took on the burgeoning "Fast and Furious" scandal, in which Republicans have charged Attorney General Eric Holder, Jr. with contempt of Congress. Republican lawmakers, led by Rep. Darrell Issa (R-CA) are accusing the Attorney General of blocking their investigation into the botched program by refusing to hand over some 80,000 documents.

Colbert called the whole tangled mess "the biggest scandal in history that I forgot to ever talk about." Fortunately for all of us, he said, Fox News and the GOP have been on the case. Constantly.

"Slytherin House Master" Darrell Issa (as Colbert called him) has demanded documents that AG Holder maintains would reveal the identities of covert operatives who are currently in the field. Colbert called that a "flimsy excuse" and pointed out that a greater conspiracy is afoot.

As the famously level-headed Rush Limbaugh pointed out, the idea of "Fast and Furious" was to put as many guns in the hands of Mexican cartels as possible so that they'd be found at the scenes of enough horrific crimes that liberals could then enact stricter gun control laws.

"Yes, very clearly Obama started this program in 2006 when he hypnotized President George W. Bush," said Colbert, then tricked AG Holder to "order the Justice Department to order the ATF to order gun shops to sell guns to Mexican drug cartels and then lose track of them, thereby panicking Americans to gin up support for the draconian gun control measure that Obama has never introduced!"

What, it makes perfect sense!

Watch the clip, embedded via Comedy Central, below: