Stephen Colbert's super PAC gets approval

[a kennedy]

Stephen Colbert's bid to launch a super PAC is no laughing matter, especially now that the comedian has won approval to raise unlimited campaign cash to influence the 2012 elections.

The Federal Election Commission today voted 5-1 to approve Colbert's political action committee, giving him a shot at doing what political types such as Bush strategist Karl Rove and former Obama aide Bill Burton are already doing to finance TV ads ahead of next year's elections.

The ruling, however, narrowly interprets what the comedian and Viacom Inc., the parent company of Comedy Central, can do with the Colbert's super PAC.

Colbert sought a so-called media exemption that would allow him to use airtime, staff and other resources from The Colbert Report on campaign activities such as TV ads without having to disclose any of those expenses as in-kind contributions from Viacom.

In an advisory opinion adopted by the commission today, the FEC said "some of Viacom's activities would fall within the press exemption, others would not."

http://content.usatoday.com/communities/onpolitics/post/2011/06/stephen-colbert-pac-federal-election-commission-/1

:applause: :applause: :applause:

[Oceansaway]

1. K&R...n/t

[SoCalDem]

2. They HAD to approve it, or he would have had a LOT of material

as he ran daily pieces about what OTHER super pacs were doing.. By approving him, he lost material, and they dodged daily attacks by him..

[immoderate]

3. A little sand in the gears...

I can't wait. :bounce:


--imm

[shireen]

4. Finally, we'll see some common-sense political ads!

Thank you Colbert! You, sir, are a true visionary and leader!
:evilgrin:

[shireen]

5. donation website!

http://www.colbertsuperpac.com/

I'm going to send him $5 ... tomorrow. :D

[Electric Monk]

6. k&r

[Contrary1]

7. I hope he buys a big motor home with some of it, paints it in a true patriotic theme...

and "vacations" around America.

[Wait Wut]

10. Excellent idea!!

He can visit all the historic sites of our nation and give us his version of history!!

How lucky are we to have him on our side? He and Stewart are proof that God loves us more. :evilgrin:

[babylonsister]

8. Enthusiastic kick! nt

[w8liftinglady]

9. awesome...I can't wait!