Stephen Colbert’s faux news show actually made some real news on Thursday, when the late-night comedian announced he is handing over control of his super PAC and forming an “exploratory committee to lay the groundwork for my possible candidacy for the president of the United States of South Carolina.”
“I’m doing it!” Colbert exclaimed. But Colbert had to tie up a few loose ends before making his “major announcement.” Colbert runs a super PAC, a political machine that can contribute unlimited amounts of money to help fund a candidate, as long as there’s no direct “coordination.” And Colbert can’t “coordinate” with himself. So Colbert invited his lawyer, Trevor Potter, on the show to cut through the red tape. Who is man enough to take on Colbert’s PAC? Luckily, Colbert’s colleague Jon Stewart popped into the studio to say he would be “honored” to take over. Potter produced the single document needed to transfer the PAC, and, before long, Colbert’s super PAC was “dead.” In its place was the “Definitely Not Coordinating With Stephen Colbert Super PAC.”
“I believe I have a pure cash erection right now,” Stewart said, after the transfer was complete.
“You’re going to want to put a bag of frozen peas on that,” Colbert advised.
Watch the video:
|The Colbert Report||Mon - Thurs 11:30pm / 10:30c|
|Indecision 2012 - Colbert Super PAC - Coordination Resolution with Jon Stewart|
David Taintor is TPM’s News Editor. He contributes to TPM’s Livewire coverage, among other areas. David is from Chanhassen, Minnesota, where, yes, it gets very cold. Reach him at taintor [at] talkingpointsmemo.com