FEC Denial of Colbert SuperPac Could Put Other SuperPacs in Jeopardy

[BuelahWitch]

Oh please make it so!

"...Colbert wants a Super PAC because last year's new (and controversial) Supreme Court 'Citizens United' rules allow corporations (in Colbert's case that would be parent company Viacom) to donated unlimited amounts of cash to Super PACs...whereas under regular PAC rules they'd be forbidden to donate (airtime is considered a donation).
But apparently Viacom is not thrilled about Colbert's plan, which is why he went to Washington on Friday to file for a media exemption -- in other words, permission from FEC to use his show to promote his PAC.
"I hate my parent company! They never let me do anything...Everyone else's parents companies let them do it. Karl Rove is a paid employee of Fox News, and he gets to talk about his Super PAC, American Crossroads, all the time."
Which brings us to the key element in this Colbert's plan. The FEC has 60 days to rule on Colbert's application. If he is denied the decision could actually have wide-ranging implications for...yes, Fox News"


Read more: http://www.businessinsider.com/stephen-colbert-super-pac-sarah-palin-karl-rove-2011-5#ixzz1MiPKR2xD

[LiberalAndProud]

1. Colbert.

:loveya:

[Lisa D]

2. Love it! n/t

[Snoutport]

3. beautious!

[mopinko]

4. nothing better than seeing pompous asses skewered

with good, sly comedy like this. i love the guy.

[immoderate]

5. This is probably the smartest thing I've ever heard of anybody doing!

Colbert is firing all the pistons at once. He is in a no lose situation, and he is building material for his show either way.

This just impresses the shit out of me.


--imm

[The Backlash Cometh]

6. Activism through satire!

Love it!

[Ship of Fools]

7. colbert/stewart 2012 with Maddow as .... ? please make it so, god.

[Merlot]

13. Maddow - Chief of Staff

[BuelahWitch]

8. Steven helping to chip, chip, chip away at the Murdoch empire

on this side of the Atlantic!

[ck4829]

9. K&R

[EC]

10. I think he is doing this to expose Fox

either they will have to cease and desist or Colbert will be able to use his show to push his PAC.

[Vidar]

11. Bravo, Stephen!

[hootinholler]

12. That would be so fucking funny if Colbert took down Rove's PAC

:rofl:

I seriously don't see a downside for Steven.

-Hoot

[Ohio Joe]

14. oh my....

This could end up even better then the ads he might have run.... freakin sweet :D

[liberalla]

15. But it's not fair!

Karl gets to do it!

Why can't I?

.
.
.


Mmmm... What is it they say about "unintended consequences?"
Thank you Stephen!

[femrap]

16. I love this dude!

K and R a millions times.