The Federal Election Commission approved Stephen Colbert’s Super PAC. From USA Today:
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.
Colbert sought a so-called media exemption that would allow him to use airtime, staff and other resources from The Colbert Report for the super PAC so that Viacom Inc., Comedy Central’s parent company, wouldn’t have to disclose them as in-kind contributions.
Given the size and loyalty of Colbert’s fan base, he could probably turn his Super PAC into a significant political force if he wanted to.
I still can’t tell if his Super PAC is an amazing long-term performance art piece that he will use to help educate the country about the current state of politics, or if its success getting approved is just another sad verification of our political system’s rapid downward spiral into total corporate control. Only time will tell.
One thing is sure though, we are our now living in the new political age of the corporate funded Super PAC.