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Stephen Colbert Wins Super PAC At FEC (VIDEO)


First Posted: 06/30/11 01:48 PM ET Updated: 08/30/11 06:12 AM ET

WASHINGTON -- A triumphant Stephen Colbert announced to a cheering crowd of fans ouside the Federal Election Commission on Wednesday that the commission had approved the formation of his Super PAC, named "Colbert Super PAC."

"I am here to represent your voice so you can all hear what you have to say through my mouth," Colbert said to laughs before announcing to cheers, "I'm sorry to say, we won!"

Colbert had asked the FEC two months ago whether he could open a Super PAC, a type of political committee that can receive unlimited funds from corporations, unions and individuals to spend only on independent expenditures but not specific candidates, and asked whether Viacom, the parent company of Comedy Central, would be required to disclose its funding of the Super PAC as an in-kind contribution or if their backing could remain private under the press exemption.

The commission approved an advisory opinion by a vote of 5-1, stating that Colbert could open the Super PAC and that Viacom was a legitimate press organization. However, the commission said the Viacom's press exemption would only apply on Super PAC ads aired on the "Colbert Report." If the Super PAC were to place advertisements on any other media, that would count as activity outside of the press exemption and Viacom would be required to disclose their payments to staff who worked to create the ads for both the Colbert Super PAC and the "Colbert Report" as in-kind contributions.

Campaign finance reformers had worried that Colbert's request could potentially open the door to a broad press exemption, allowing political activists connected to media companies to hide funding for political activities from the public. Both the Campaign Legal Center, whose chairman Trevor Potter served as Colbert's lawyer, and Democracy 21 urged the commission to reject the broadened press exemption sought by Colbert and Viacom.

The Campaign Legal Center's FEC Program Director Paul Ryan said in a statement: "An opinion by the FEC permitting all that Mr. Colbert requests would have a sweeping and damaging impact on disclosure laws and the public’s right to know about campaign finance activities."

Democracy 21's Fred Wertheimer stated, "The ‘press exemption’ in the campaign finance laws simply does not apply to allow a corporation like Viacom to secretly finance independent ads for Mr. Colbert’s Super PAC, nor does it allow Viacom to secretly pay for the administrative costs of the Colbert Super PAC.”

Prior to the Citizens United v. FEC Supreme Court ruling ,the press exemption provided the one outlet for corporate spending in elections. It was intended to prevent the chilling of speech from media organizations when they commented on political matters, including endorsements of candidates. After the Citizens United ruling, all corporations, not just approved media companies, were allowed to spend freely on elections, so long as that spending was made in the form of independent expenditures and not as direct contributions to candidates or parties.

The only no vote on the advisory opinion came from Commissioner Donald McGahn. McGahn worried about defining what constituted as commentary, whether that be on the actual program hosted by Colbert or in the purchasing of advertisements on other stations and shows.

"Commentary is kind of a slippery concept," McGahn said, "I'm not sure that this press test fits." McGahn explained that the definition of media was blurring due to technological advances and he did not want the FEC to start defining what was an acceptable form of media for businesses and individuals.

Colbert explained his desire to keep the Super PAC from having to disclose any contributions while addressing the crowd outside the FEC.

"I don't know about you, but I do not accept limits on my free speech. I don't know about you, but I do not accept the status quo. But I do accept Visa, Mastercard and American Express. Fifty dollars or less, please because then I do not need to keep a record."

Commissioner Ellen Weintraub supported the ruling, but noted that things could have gone a different way had Colbert presented his request as a form of parody rather than a serious political matter: "Had we viewed this as parody ... we could have viewed this differently." She explained the history of freedom for parody in America stretching from Saturday Night Live to Will Rogers or to, as she put it, "maybe someone in Revolutionary times standing on a soap box making fun."

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WASHINGTON -- A triumphant Stephen Colbert announced to a cheering crowd of fans ouside the Federal Election Commission on Wednesday that the commission had approved the formation of his Super PAC, n...
WASHINGTON -- A triumphant Stephen Colbert announced to a cheering crowd of fans ouside the Federal Election Commission on Wednesday that the commission had approved the formation of his Super PAC, n...
WASHINGTON -- A triumphant Stephen Colbert announced to a cheering crowd of fans ouside the Federal Election Commission on Wednesday that the commission had approved the formation of his Super PAC, n...
WASHINGTON -- A triumphant Stephen Colbert announced to a cheering crowd of fans ouside the Federal Election Commission on Wednesday that the commission had approved the formation of his Super PAC, n...
 
 
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HUFFPOST SUPER USER
Kid Notorious
A rambunctious scamp
02:34 PM on 07/02/2011
I really want to be stoked about this, but I am genuinely afraid about the long term ramifications on campaign finance this may have...
08:59 AM on 07/09/2011
I doubt Colbert will do anything drastic (in terms of spending), but if you're referring to the many others that have formed Super Pac, this will be an eye-opener to the travesty politics have become. Either way, this will be entertaining to watch.. albeit a little sad
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HUFFPOST SUPER USER
gx5000
Life's too short, be happy..
12:08 AM on 07/02/2011
This guy is such a Genius.....
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conservicide
I don't play nice.
07:55 PM on 07/01/2011
EEEEGGGGZELLLLENT
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HUFFPOST SUPER USER
liberalbarbwire
living for the day!!!!
05:45 PM on 07/01/2011
ok how many fools are going to send that man their hard earned money
HUFFPOST SUPER USER
woodstock41
Prepare, people, or perish!
06:01 PM on 07/01/2011
I guarantee he'll donate the money to charity.
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HUFFPOST SUPER USER
RC81
So...so very thirsty...
01:10 AM on 07/02/2011
Focus...please.
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HUFFPOST SUPER USER
Nancy J Powell
very left liberal
05:02 PM on 07/01/2011
I am ready for him to take on Rove and Dick Armey
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HUFFPOST COMMUNITY MODERATOR
judibluiz
There is no planet B
07:08 PM on 07/01/2011
Ohhh yeah! Me too Nancy.
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HUFFPOST COMMUNITY MODERATOR
djekizian
Freelancer
01:40 AM on 07/03/2011
I'd donate to that . . .
HUFFPOST SUPER USER
Kiffanik
01:31 PM on 07/01/2011
I'm donating! This is way more interesting, and I can't wait to see the ads he comes up with.
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HUFFPOST SUPER USER
gx5000
Life's too short, be happy..
12:09 AM on 07/02/2011
The Super Pac Fly in the ointment !
NYC619
Tri-corn hats cannot fit block heads
01:04 PM on 07/01/2011
And now Super Colbert must take on his evil parallel-universe twin, Eric Cantor.
04:31 PM on 07/16/2011
Agree! LOL!
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Euterpe360
I'm just a little bi-partisan
10:51 AM on 07/01/2011
I can haz super PAC too?
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HUFFPOST SUPER USER
DaniFoxy
Crazy girl from LA
10:47 AM on 07/01/2011
Colbert, you sweet sexy beast, I love you!
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alterego55
Flash your citations or leave!
10:33 AM on 07/01/2011
I think his superPac should buy every spot immediately behind the Huckabee's never ending commercials to send money to repeal healthcare reform bill - and parody the crap out of it.
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HUFFPOST SUPER USER
Dodsworth Fandango
The wages of gin is breath
01:18 PM on 07/01/2011
That would be awesome!
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HUFFPOST PUNDIT
redsongia
is not Chicago
03:13 PM on 07/01/2011
The dogging will be fantastic this season!!!! And you know every Colbert SuperPac retort is going super-killer-strain viral.
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HUFFPOST SUPER USER
Baudacious Buccaneer
But where's the rum?
10:40 PM on 07/05/2011
Pazooka! I can feel the retort of Colbert's cannon fire already!
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HUFFPOST SUPER USER
CharlieVer
Rush is a rock band...
10:27 AM on 07/01/2011
Does that make Stephen Colbert SUPER PAC MAN? Sounds like one of the arcade games I remember back in the day...
lblackw105
The space too dam little !
10:19 AM on 07/01/2011
You know, here's the funniest thing: Most of the superrovepacs exist for people to donate money to causes they are ashamed to be associated with. This is the reason the superpac was invented - to hide embarassing support. Refreshingly, the Colbert SuperPac supporters proudly trumpet the fact that they donated. That says a lot of good things...
HUFFPOST SUPER USER
eoagent0007
10:18 AM on 07/01/2011
The only thing he needs to do now, if he hasn't already done it, is apply for tax exempt status from the IRS. He like Karl Rove with Crossroads/GPS needs not disclose the names of donors. This what the idiots on the supreme court did in siding with Citizens United. There is going to be secret corporate money flowing from all over the world to advance their own interests and no one will ever know where it's coming from. The democrats should be setting up these Super PACs ASAP, or they'll be outspent 100 to 1 buy corporations and especially the Koch Brothers who have a $44 billion warchest. You can cast your vote for anyone you want but it means nothing because politicians especially on the right will be bought by special interests and secret money. The only thing the democrats have left is the support of 3 major union and very little else. So get with it.
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HUFFPOST COMMUNITY MODERATOR
Angie Tyne 1
I want my disagree button!!
02:15 PM on 07/01/2011
I'm waiting for him to declare the Church of Colbert. :)
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HUFFPOST SUPER USER
MadMoll
05:34 PM on 07/01/2011
Already been founded.
10:10 AM on 07/01/2011
I suppose a super-pac could pay a media company a bunch of money NOT to run some other super-pac's messages. This would give rise to a global super-pac war such that no pac messages would be aired. colbert may be onto something. And the rest of us could enjoy the circus
lblackw105
The space too dam little !
10:21 AM on 07/01/2011
I would gladly donate to a fund to prevent airing negative ads.
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olehippie
expect nothing and you will never be disappointed
12:40 PM on 07/01/2011
Having been in the Ad business, I seriously doubt that the Colbert Super PAC "...could pay off a media company a bunch of money NOT to run some other super-pac's messages"

However I am very interested in what his next move is. Should be very interesting. I for one believe this man is literally a genius. He always has a point to make despite his satirical nature.

Stay tuned...;-)
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10:05 AM on 07/01/2011
hi i am now a silent member of the Colbert SuperPac so whatever Stephen says goes...
based on last night's show we may first indeed be messing with Texas, so i have made my will out to the Colbert SuperPac...
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HUFFPOST PUNDIT
redsongia
is not Chicago
03:14 PM on 07/01/2011
I can't wait for him to speak for me with his mouth!!!!!!!!!!!!!!!!!