"Jon [Stewart] has always been a crypto-neocon."

"Could he be coming out of the closet? ... A neoconservative is a liberal mugged by reality."

Bill Kristol comments to Howard Kurtz who's trying to figure out what it means that Jon Stewart is making fun of Barack Obama.

I'd say it mainly means that Barack Obama is President of the United States. "The Daily Show" isn't going to work unless it makes fun of the powerful.