Two of cable TV’s biggest personalities are set to square off in a online debate of epic proportions. “Bill O’Reilly. Jon Stewart. 2 podiums. 1 Air-Conditioned Auditorium.” That’s the pitch for The Rumble 2012, set to stream on the interwebs on October 6th at 8 pm ET.

Already the participants in some memorable showdowns on each other’s primetime shows, Stewart and O’Reilly will “take an entertaining and comedic approach to today’s pressing political issues in an attempt to find the best direction for America,” according to the announcement. You can watch the debate live for the price of $4.95 (since every event on the internet is now $5). And it’s for a good cause, as half of the net profits will go to charities of Stewart and O’Reilly’s choosing.

You can pre-order your access to the show now, and that will give you access to the stream and a digital copy once it’s over.

“Oh yeah it’s on,” said Jon Stewart. “Two men enter and both leave…but probably not together. We are going to have an argument – it is going to be like the worst Thanksgiving anyone ever went to. I’m looking forward to it.”

“We’ll be debating the state of the union, and how the upcoming election is likely going to affect it. So, if you wanna watch this train wreck, sign up. It’ll be a night to remember, at least for Stewart and his eighteen writers,” said Bill O’Reilly.

The debate will take place at George Washington University, and if you want to be there live you can do so for the price of $75-100. Although the Fox News host and the The Daily Show host have always had their differences, the two always refer to each other as “my pal.” We’ll see how their relationship stands after The Rumble in the air conditioned auditorium.