On Thursday night's edition of "The Colbert Report," host Stephen Colbert addressed the "Friends of Hamas" flap, tracing the path of the story from reporter's flippant comment to right wing media buzzword to Republican senators blocking the nomination of Secretary of Defense candidate Sen. Chuck Hagel (R-NE). Given the questions about the made-up terrorist group, Colbert asked what other non-existent things Chuck Hagel might be hiding.

If you've been watching the news or paying any attention whatsoever, Colbert said, "You'll know that Barack Obama is a failed president."

But, said, the host, "As terrible as his presidency has been, his cabinet nominations have been ever worse."

Why, for example, did President Obama nominate Roy LaHood for Secretary of Transportation. "Just because his name has got a car part in it?" Colbert asked. "That's a pretty low standard."

"What's next," he asked, "Secretary of the Treasury Penny McNickel?"

The latest nominee flap centers around potential Defense Secretary Sen. Chuck Hagel. On Thursday, 15 Senate Republicans demanded that the Hagel nomination be withdrawn.

The Republicans, said Colbert, "have found all kinds of shady associations in Hagel's past. For instance, he was once a Senate Republican."

Colbert went on to highlight the supposed association between Hagel and the group "Friends of Hamas," a story that was blown wide open by "conservative anger-gator" Breitbart.com. The trouble is, of course, that "Friends of Hamas" does not exist. It was a made-up example that journalist Dan Friedman concocted when he was interviewing a Senate aide.

"This bombshell has lit up the conservosphere," said Colbert, but "Friends of Hamas" is even worse than it sounds. "The group is so sinister that it doesn't even exist."

"The fact that these organizations don't exist only makes it more suspicious that Chuck Hagel has been tied to them," he continued. "What else is he hiding that hasn't happened?"

Watch the video, embedded below via Comedy Central: