Jon Stewart: Obama Ballsier Than Romney, Cain (Video)

Obama wins first "Lowe's Balls of the Week" award

President Obama is the proud winner of The Daily Show's inaugural "Lowe's Balls of the Week" award.

The prize, named for the hardware chain that dropped ads during TLC's "All-American Muslim" under pressure from conservatives, recognizes extreme audacity. Host Jon Stewart handed out the first of the awards Thursday.

Besides Obama, the nominees included Herman Cain, for saying he might like to be the secretary of defense, and Mitt Romney, for questioning Newt Gingrich's conservative credentials despite his own inconsistencies. What did Obama do to win the award? Watch the clip: