UPDATE: Anderson Cooper Tweets Fake Alec Baldwin After Gay Slur Debate On CNN Show

Anderson Cooper and Alec Baldwin's feud on Twitter continues after a video of the actor using a gay slur towards a photographer went public. "If I had Anderson's paycheck and sorry ratings, I might be fast and loose with the truth as well," Baldwin said on Twitter tonight (November 18). "I think it would suit you to be more careful what you accuse people of. Journalism [is] about having the facts or are you more 'host' than journalist." Cooper used his CNN show to address Alec's anti-gay slurs directed at a paparazzo. Anderson replied to Baldwin's rant and said, "are you drunk? You're kind of embarrassing yourself. I wish you well." RELATED: Anderson Cooper Mocks Miss Peru National Costume: 5 Reasons Why He Should Not Apologize [VIDEO]

The feud between Alec and Anderson started when the actor was caught by TMZ yelling at a photographer "that one is a 'c---suc-ing fag'" and later denied he ever said that. After the incident Cooper tweeted, "Wow, Alec Baldwin shows his true colors yet again. How is he going to lie and excuse his anti-gay slurs this time?" Baldwin excused himself writing, "I'm grateful to all of the people I meet and hear from who recognize that I would never say something to offend my friends in the gay community. I know that TMZ would go to any lengths to bury me. But, try again. If TMZ asserts that I used an anti-gay epithet, I will sue them." Anderson who is openly gay read his tweets and wrote, "Just read Alec Baldwin's latest excuses. They are actually so ridiculous they are funny."

Baldwin later retracted from what he was heard saying on the video when a Rich Ferraro, GLAAD VP of Communications contacted him. "Rich Ferraro from GLAAD informs me that c'sucker is an anti-gay epithet. In which case I apologize and will retire it from my vocabulary." Alec, who was competing with Anderson on rival MSNBC with talk show "Up Late" continued to slam the journalist in a letter explaining why his show was suspended. "We do take a small amount of pride in knowing that we beat CNN in the ratings each of our nights. (I forget who they had on at that time.)," he wrote.