KING: In an interview with British TV today, she said that Clinton's description of their affairs an insult to anyone who reads it. Also says that Clinton destroyed her once the liaison became known.

STEWART: She is going to come out now with a line of grief handbags. Hopefully she can knit her way to health. I don't know the woman. I'm sure she's very nice, but quite frankly, I find that if I'm embroiled in a scandal I tend to not go on British television if I don't have to. If I want to heal and be left alone, I tend to perhaps go off and try and find my way inconspicuously in the world as opposed to say going to parties where they might describe me as a portly pepper pot?

KING: Would you book her on "The Daily Show?"

STEWART: I would not.

KING: Would not?

STEWART: I would not.

KING: Have no interest, not curiosity about it?

STEWART: I have no interest.

Curiosity in what sense?

KING: About her life. About what she got herself into, the events that occurred around her.

STEWART: I am very familiar with what she got herself into. I have gotten myself into that with people that I know.

KING: Elaborate.

STEWART: Sex, isn't it? You never?

How many times -- you've been married like 28 times. You never had -- come on, you've got kids!

KING: Okay, yes.

STEWART: Am I going to have to draw this for you?

KING: No. OK.

STEWART: But do you know what I'm saying?

Why is anyone interested in what she does?

KING: Because she's a victim and a participant and she's a footnote in history.

STEWART: Footnote in history is the perfect way to describe her and that should close the book. Footnote in history. Thank you. Finally we have some perspective.

KING: Are we an angrier country?

STEWART: I think that politically we are, but I think in the country, we're not. I think the country is probably more moderate and reasonable in general than the atmosphere has become. There's a conflict economy.

You said it best and it was something just in the break that I think sums up sort of where we've gone with our debate culture which is someone here was saying they had a couple of people talking about "Fahrenheit 9/11" and you said oh, did both sides debate it. And that's what we take for granted.

KING: Did both sides see it?

STEWART: Right. Do both sides see it. And that's what we've done is basically -- conversation in this country, debate in this country is from the right and the left and there's ten different kinds of coke. You're telling me the only two opinions we've got is right and left? Even a graph has a Y axis.

I don't understand how we ended up in this place where it's considered decent news analysis to do an event and then say from the right guy and from the left that guy. Thanks. When did the journalists become a referee? And why doesn't that person have the ability to say, stop lying about that, you know, police it. Be our -- help us!

KING: Why do you think it's been so hard, Clinton said it last night, to get Osama bin Laden?

STEWART: Oh, he's a shape shifter.

KING: He's a what?

STEWART: Like on Star Trek.

KING: Oh.

STEWART: Some days he's Osama bin Laden, other days he's a lamp. And here's the other thing, too, when you have a beard, you have so many more disguise options than most people. He can trim it, he can go with a van dyke. Nobody expects that from bin Laden.

STEWART: Yes. I feel like, you know, I feel like the best thing to do is to convince the country that our God is the one true God and that others are less.

KING: American God, you mean?

STEWART: Yes. The one that blesses us for our manifestness.

KING: He doesn't bless England.

STEWART: No. No. He doesn't care for them. He feels that they're pasty.

KING: Pasty?

STEWART: Pasty and he doesn't care for the food.

KING: But Canada.

STEWART: Happy to have them in the attic, but not so crazy about them in general.

KING: He's a judgemental God.

STEWART: Very angry. Loves the Americans. Very big. Wants us to have bigger cars. Wants us to have bigger cars and as a little goof on us has only made a finite supply of oil. It's very -- he's very funny. He's a trickster. Here's another little joke he did. He promised three different religions they were the chosen ones, Judaism, Christianity and Islam, and then, funny, follow me, he put their holiest sites all in the same place. And then he backed away and he just wants to see who wants it more. That's what this is about. This is God going, hey, show me something, people.

KING: Will same-sex marriage be an issue in the campaign?

STEWART: Same-sex marriage is a very difficult situation and I was freaked out by it too. You know that.

KING: Why?

STEWART: Well, until I found out that it wasn't mandatory, because I love my wife and I'd hate to have to leave her for a dude. So I didn't want that.

KING: You thought it was mandatory.

STEWART: You never know. I don't know what -- they said the gay marriage and people got upset, so I figured, well clearly this means that there's a law being passed that we all now have to be gay.

KING: Oh, I see.

STEWART: Once it was explained to me that only gay people, I seem much more comfortable with it. It doesn't seem like such a big deal anymore.

STEWART: I believe -- I believe what's happened is they've all become part of the same organism and no longer see themselves as an another. And by no longer being an other you have a stake, a sort of in the symbiosis of it and I think that's where the difficulty came. The idea, that they fear loss of access or promotion. Journalist have become stars. And your stardom is about who you can get, and by getting the right person you allow yourself to keep advancing and therefore, you can never -- then the power -- the paradigm has switched.

TV was better than the politicians in 1960. When it first came out and the politicians didn't know how to manipulate it. It was the Nixon-Kennedy debate. And Nixon went, I look great, what do you mean? I'm a little sweaty and pasty, but what's that going to matter?

And then politicians learned it how to manipulate the medium and manipulate new cycle and TV has never caught up, but they don't want to because they have no jeopardy. They're working for themselves instead of working for us anymore. I don't mean that in a bad way.