After the Republicans gained sixty seats in the House last night, the media has been buzzing about what this means for the state of Obama’s presidency and the Democratic party on the whole.

The Nation’s editor and publisher Katrina vanden Heuvel appeared on The Colbert Report this election night to lay out what Obama has really done wrong, and what progressives need to do about it—and she did it with style, leaving Stephen Colbert momentarily speechless. Watch the clip to get her rundown of what progressives are up against post-election, and how working people are going to get shafted for the next thirty years if the Democrats don’t change tack. Once you’ve watched the clip, read Katrina’s post-election message, "Stand & Fight."

—Braden Goyette