You’ve got to love big spending from corporate PACs in American politics right? How couldn’t you? Since 2008, campaign spending from these groups has jumped by more than 1,100% Stephen Colbert noted on last night’s episode of “The Colbert Report.”
“To put eleven hundred percent into perspective, that’s the number of Arabian nights, plus the number of problems Jay-Z has,” said Colbert. Now that’s a large number.
Another not so surprising, but interesting number: presidential ads 70 percent negative in 2012, up from 9 percent in 2008. Terrific. Let the character assassination begin! Or continue. Whatever. Here’s the video from last night’s episode:
“Secret billionaires are just trying to get involved in the political process,” said Colbert. “To protect themselves from accountability, big donors need anonymity.”
Colbert referenced Sheldon Adelson, a casino billionaire who apparently nearly funded Gingrich’s super PAC single-handedly. Adelson has said that if he donates again in the future, he will do so to c4s or, as Colbert called them, “Spooky PACs.”
These “Spooky PACs” allow for anonymous donations under the guise that they are “social welfare organizations.”
“Their negative attack ads count as charity,” said Colbert. “In the same way that yelling ‘get a job you dirty bum’ is a donation to the homeless.”
Colbert’s Spooky PAC? Stephen Colbert’s Colbert Super PAC SHH!
“You know our motto – making a better tomorrow at a later date that’s none of your goddamn business,” he said.
His full disclosure, of course, is written on his taint and he has happily invited the FEC to audit it with their tongues.
Colbert noted that the trailblazer of it all is Karl Rove with Crossroads GPS, which has received two anonymous $10 million donations and since given anonymous political money to the cause of keeping political money anonymous.
“Karl stands behind what he doesn’t say,” said Colbert.