iPod to Macbook Tether

I have a Black MacBook running Mac OSX Lion 10.7.3 and an iPod Touch 1G version 3.1.3 (7E18). The airport card on my MacBook doesn't work very well, due to water damage. I have had it replaced, but the problem persists. However, the internet on my iPod works great. I was wondering if there is a way to tether my iPod to my MacBook over USB, to get internet on my Macbook. Is this possible? And if so, HOW?

Thanks for your help.

Not that I'm aware of, no.

I doubt that's possible, internet tethering is done using two different network adapters - this is not the case, sorry.