"Richard Bilton uncovers a struggle at the heart of US diplomacy between the ideals of freedom and spreading democracy, and the ruthless demands of American security and narrow self-interest."

Already this is bullshit. America doesn't care about spreading real democracy, only that governments be subservient to them whenever they can. There's decades of evidence and dozens of examples of this. We didn't need Fucking Wikileaks to know this at all.

The obvious flaw of this episode of the daily show is that it appears to view the recent wiki-leak as being directed at audiences in the USA. The jokes certainly stand their ground in that regard - on an international scale however, this is an entirely different matter.
One can of course argue that, again, the world already knows how US diplomacy views its allies (and spies on them) - that fact however, would pose an entirely different and much more serious problem for the US:

Politicians in other countries are going to have a MUCH tougher job explaining why they have their troops in Afghanistan or are offering logistic support.

Finally, do you really believe the US diplomats in the affected countries can continue business as usual after this event?