Thursday night on "The Colbert Report," host Stephen Colbert took stock of President Barack Obama's failed second term, which, he said, should begin in about two weeks.

"And it's a disaster," he said. "But the point is, I gave it a chance."

High profile members of Obama's first term team like Secretary of the Treasury Tim Geithner and Secretary of State Hillary Clinton are "jumping off the S.S. Barack like rats leaving for an opportunity in the private sector," Colbert asserted.

The thing that disturbs him (and other pundits with air time to fill), he said, is not so much the people who are leaving, but the people Obama is appointing to replace them. Suddenly, pundits on the right have discovered diversity. "Where are the women?" in the Obama cabinet, they're asking.

Those white male pundits are right, Colbert said. "This is the 21st century. When filling his cabinet posts, there has to be only one question Obama should be asking."

He then rolled the famous clip from Mel Brooks' comedy western "Blazing Saddles," in which actor Cleavon Little asks, "Hey, where are the white women at?"

This is important and needs to be addressed, Colbert said, never mind that 43 percent of Obama's appointees have been women, they're not in that one photo of men in the Oval Office that right-leaning talkers from Fox's Bill Hemmer to MSNBC's Joe Scarborough spent all of Thursday flogging. And that's what's important.

"Of course, Obama's not letting me down, here, I love white men," he continued. "I sleep with one every night...that I know of." No, he said, it's his liberal friends who the pundit is sad for.

"And so is former governor and formerly relevant Mike Huckabee," he said, rolling a clip of the former Arkansas governor and one-time presidential aspirant's radio show from Thursday. Huckabee said that women who supported Obama are wondering what they did it for, saying, "Whoa, how come there's so much testosterone in the Obama cabinet and so little estrogen?"

"Huckabee and Hucka-me are outraged on behalf of you estrogen-soaked females," Colbert said. "because Obama isn't turning out the way you wanted him to. If anything, he's turning out the way that we wanted him to. And that should make you furious that we're delighted that you're angry."

It's not just the fact that they're white men, though, he said. It's which white men.

Take, for example, Treasury Secretary nominee Jack Lew, whose odd, loopy signature some pundits call "ugly," and fret that it will look messy and sloppy on our paper currency.

"Once Jack Lew is Secretary of the Treasury," Colbert warned darkly, "this pubic hair masquerading as an autograph will appear on all our money, okay? Making our currency a laughing stock. Our money should have nothing ridiculous on it, just old men in wigs and pyramids with eyes!"

Watch the video, embedded via Comedy Central, below: