sub-query question

How does one embed a sub-query lookup to one table in order to
replace a foreign key id number with it's name in a SELECT on a
second table?

i.e.:  given the following two tables, I want to replace the color_id
of 1
with the color_name 'red.'  (The SQL to create the two tables follows
below.)

test=# SELECT * from users ;
  color_id | name |  the_date
----------+------+------------
         1 | john | 2004-03-10
         3 | jane | 2004-04-12
         1 | joe  | 2004-05-14
         2 | jepe | 2004-06-16
(4 rows)

test=# SELECT * from colors;
  color_id | color_name
----------+------------
         1 | red
         2 | green
         3 | blue
(3 rows)


My attempts yield an 'f' which looks suspiciously like a boolean false.
Is there an ordering issue with my sub-query, such that the sub-query
doesn't have enough info to perform its lookup?

Here's my query:

SELECT (
     u.color_id = (
         SELECT c.color_name
            FROM colors c
                WHERE color_id = 1)) AS color_name,
    u.name, u.the_date
    FROM users u
         WHERE u.color_id = 1
         ORDER BY u.the_date DESC LIMIT 1;

It returns:

  color_name | name |  the_date
------------+------+------------
  f          | joe  | 2004-05-14
(1 row)


Thanks!
Scott


Here's the SQL to create my test tables:

CREATE TABLE colors (color_id SERIAL PRIMARY KEY, color_name text);
CREATE TABLE users  (color_id integer REFERENCES colors, name text,
the_date date);

INSERT INTO colors  (color_name) VALUES ('red');
INSERT INTO colors  (color_name) VALUES ('green');
INSERT INTO colors  (color_name) VALUES ('blue');

INSERT INTO users   (color_id, name, the_date) VALUES (1, 'john',
'2004-03-10');
INSERT INTO users   (color_id, name, the_date) VALUES (3, 'jane',
'2004-04-12');
INSERT INTO users   (color_id, name, the_date) VALUES (1, 'joe',
'2004-05-14');
INSERT INTO users   (color_id, name, the_date) VALUES (2, 'jepe',
'2004-06-16');