http://motherjones.com/mojo/2011/06/colbert-pac-fec-viacom
For those who have not been following Mr. Colbert he has recently been awarded his own Super Political Action Committee (PAC).
http://en.wikipedia.org/wiki/Political_action_committee#Super_PACs
Again a quick summation of what this allows Colbert to do:
* Take in unlimited donations from nearly any source, other than foreign nationals and government contractors
* Air TV and radio ads expressly telling viewers and listeners to vote for certain candidates -- but his group cannot give money directly to those candidates
* Report contributions to the Federal Election Commission
* Report spending on campaign ads
The other side: http://www.npr.org/2011/06/30/137527309/theres-nothing-funny-about-colberts-superpac
For those who have not been following Mr. Colbert he has recently been awarded his own Super Political Action Committee (PAC).
http://en.wikipedia.org/wiki/Political_action_committee#Super_PACs
Again a quick summation of what this allows Colbert to do:
* Take in unlimited donations from nearly any source, other than foreign nationals and government contractors
* Air TV and radio ads expressly telling viewers and listeners to vote for certain candidates -- but his group cannot give money directly to those candidates
* Report contributions to the Federal Election Commission
* Report spending on campaign ads
Colbert: Knock knock.
Crowd: Who's there?
Colbert: Unlimited union and corporate campaign contributions.
Crowd: Unlimited union and corporate campaign contributions, who?
Colbert: That's the thing — I don't think I should have to tell you.
The other side: http://www.npr.org/2011/06/30/137527309/theres-nothing-funny-about-colberts-superpac