Nearly 30 years of one of American television's most storied and beloved traditions (i.e. portraying our presidents as moronic simpletons whose inability to tie their own shoes could send the country to Defcon 3) came to a glorious fountain of awesomeness at Funnyordie.com.

The website premiered a new public service announcement on federal finance laws directed by Ron Howard in the form of a very funny "Presidential Reunion" sketch that features the likes of Will Ferrell, Darrell Hammond, Dana Carvey, Dan Aykroyd and even Chevy Chase reviving their classic impressions of former presidents including (respectively) George W. Bush, Bill Clinton, George Bush Sr., Jimmy Carter and (the most hilarious in my opinion) Gerald Ford who come together to help the beleaguered Barack Obama, played by Fred Armisen. Jim Carrey also stepped in the room to play Ronald Reagan probably because Randy Quaid is nuttier than a Payday bar these days.

Bag up? Pull out? New school? Old school? It's just another night of Tracy Morgan and Jon Stewart talking about safe sex on 'The Daily Show With Jon Stewart' (weeknights, 11PM ET on COM).

Somehow, Morgan managed to work Bill Clinton and Harlem into the conversation, too. Wait, is Stewart blushing? Yes, we're pretty sure he's blushing.

Watch the video after the jump.

USA may bring back 'Law & Order: CI' for a ninth season, Bob Saget is returning to 'America's Funniest Videos,' Oprah books 'Mad Men''s Jon Hamm and January Jones and more of today's top TV headlines.

'Parenthood' may swap Maura Tierney for Helen Hunt, Patrick Swayze passes away, Tina Fey, Simon Baker and others to present at the Emmys and more of today's top TV headlines.

Look at this cast list!

President Obama
Katie Couric
Bill Clinton
Tom Brokaw
Les Moonves
Andy Rooney
Nick Clooney
Jimmy Buffett
Mickey Hart
Buzz Aldrin
Bob Schieffer
Wynton Marsalis

What do they all have in common?

Last week was a really special week for late night comedy shows. No, I'm not talking about a certain feud between a host and a politician. I'm talking about the four shows that The Colbert Report did from Iraq. There was a lot of great stuff, and if you missed any of it, here's a quick recap. (Video also here.)

-- Suffering from 'American Idol' and 'Dancing With the Stars' withdrawal? Here's how to get through it [NY Daily News]

-- The Paley Center and NBC recently counted down the 50 funniest TV phrases, which included quotes from shows like 'The Simpsons,' 'Friends' and yada, yada, yada ... [Seacost Online]

-- With all the Susan Boyle hoopla happening right now, are you actually following 'Britain's Got Talent'? [Buzz Sugar]

-- Ever wonder what TV shows former President Bill Clinton watches? Now's your chance to find out [NY Times]

We all have tremendous respect for you, Frost/Nixon writer Peter Morgan (yes, that is what I call him when we're hanging out drinking espressos and doing the crosswords), but do you really think the Clinton story America is just dying to see dramatized is the relationship between former president Bill and former UK Prime Minister Tony Blair? Unless "The Special Relationship," as they're calling it, involves a special blue suit Mr. Blair kept for no explainable reason without cleaning it, I think there's better Clinton dramatics to be had.

Even if you don't go with the most sensational stories, there is a certain historic Presidential campaign. Hell, tell both stories from her perspective, that should be fun. Casting, should HBO greenlight the film, has Dennis Quaid playing Bill, Julianne Moore taking on the current Secretary of State Hillary Clinton, and Michael Sheen (who played Frost in the aforementioned Frost/Nixon) playing Tony Blair. This would be his third film appearance as Blair, which makes you wonder if more people think Blair looks like Sheen than Blair.

One of the most recognizable figures in ABC News is saying goodbye to the daily grind. In his time with the network, Sam Donaldson has done it all, investigative reporter, anchor, host, talking head, and always with a distinctive, pugnacious style. After four decades at the job, ABC's Sam Donaldson is retiring.

He will be missed, especially at the network. Anchorman Charles Gibson acknowledged as much when he told the Washington Post that Donaldson's retirement "really is a loss of the bedrock" for ABC. These days, the big three have struggled to maintain their dominance in the news business with cable outlets offering so much blanket coverage compared to the nets. Sam Donaldson has been synonymous with ABC. He can't help but be missed. To this day, I think Ted Koppell is missed as well.

Dennis Haysbert recently claimed that his role as President Palmer on 24 may have helped pave the way for a viable African American presidential candidate. He went on to claim that his portrayal of Nelson Mandela in the movie Goodbye Bafana ended apartheid and that his role as Jonas Blane in The Unit cured polio. Haysbert was then wrestled to the ground by his handlers and is now "recuperating" at the Clay Aiken Home for Delusional Celebrities.

My first thought upon hearing this news was that Dennis Haysbert is obviously insane. Since I've been criticized in this space for not having an open mind about insane things, I decided to take Mr. Haysbert at his word. I then went even further and went to work putting together a list of other politicians who exist mainly due to the hard work done for them by TV actors. After researching Wikipedia for almost a full fifteen minutes, this is the list I've managed to put together...

(S04E17) I don't want to seem like I'm not happy for Jerry but did we really need to know so much about him losing his virginity and by "so much" I mean anything at all? More importantly, I have to call BS on Jerry's glowing review of his opening night performance. In my many years of "intimacy," some experiences have certainly been better than others but none of them have ever made me nostalgic for my first time. Not that I don't remember it fondly, it's just not something I would brag about and I really doubt that anyone involved would describe me as caring, respectful or wonderful.

I must admit, Mr. Kelley had me at "THE United States Supreme Court." This was a real test for Alan. On one hand, how does he justify defending a man convicted of raping a child? On the other hand, how will his huge ego be able to pass up the opportunity to argue in front of the highest court in the country?

Slate magazine is running an article regarding how weak most of what passes as political satire on television is. They quote heavily from Russell L. Peterson's new book Strange Bedfellows: How Late Night Comedy Turns Democracy into a Joke and also take some time to body-slam CNN's new comedy show, Not Just Another Cable News Show (Wait. What? CNN has a new comedy show on it? I thought that was the thing Wolf Blitzer hosted every day. Are you telling me that's not a comedy?)

Peterson's book, at first blush, seems to be another overly-alarmist, semi-academic attack on pop-culture -- Darrell Hammond is destroying democracy? Really? -- that I usually just ignore. Well, maybe it's the Tylenol PM I took to ease the pain of being in Utica tonight, but after reading Slate's discussion of it, I started to come around to Peterson's way of thinking...

As the race between Senator Hillary Clinton and Senator Barak Obama heats up for the Democratic party presidential candidacy, here comes news that should throw the spotlight onto Hillary...if she's savvy enough to say yes. During a recent visit to The Tyra Banks Show, Hillary revealed that "if (paired) with one of those really good partners" she would someday like to compete on Dancing with the Stars. When the powers that be at Dancing heard that, they wasted no time in sending the former first lady a formal invitation. While they acknowledge that the show is not currently in production, dancers from the show are performing around the country in Dancing with the Stars - The Tour. They invited Hillary to choose any one of the dancers and take a try at a cha cha, pasa doble or tango. Or, if she prefer, she could always call on hubby Bill for a pas de deux.

"Indecision 2008": The first news to note was Barack Obama's landslide victory in South Carolina. Of course, the win did not go unnoticed by the haters, specifically Bill Clinton. I was surprised that strange little pocket Clinton thing actually worked, too! Yay for successful gags. As for the Obama lovers, Ted Kennedy has publicly joined the fan club. I would like to direct Jon to check out this Clone High clip to improve his every-Kennedy accent.

In other news, Mitt Romney makes my brain hurt. Why? Well, many reasons, but most recently, he, umm--Okay, I'll leave you with: "Who let the dogs out?". Black potential voters. MLK Day. Don't believe me? Take a look.

Jon kicked off the episode by running a few rounds of paper football. Not that I'm a big paper sports enthusiast, but I couldn't help but notice that he wasn't holding the football quite right. Jon, your story just doesn't add up. He then flubbed a gag with a toy robot, which was pretty precious, even though it didn't make much sense. What can I say? I like satirists and robots.

"Indecision 2008": The Democrats took on Nevada and the media took on the world's most cliche Las Vegas metaphors to cover Hillary Clinton's win. However, Jon had them all beat with his "bet on black" comment. Of course, Hillary's win was met with criticism and Bill Clinton defended her like he's already the First Laddie. And then that drew even more criticism. So it goes.