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VIDEO: FEC Allows Stephen Colbert to Form His SuperPAC
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July 1, 2011
The Federal Election Commission, the agency charged with enforcing campaign finance laws, voted 5-1 in favor of allowing Stephen Colbert, Comedy Central's faux pundit on The Colbert Report, to form his "superPAC" to raise and spend unlimited funds in the 2012 elections.

The permission comes with a few stipulations, however: Neither Colbert nor Comedy Central's parent company Viacom can promote Colbert's superPAC on any other shows on ...
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