Montana: GOP Congressional Candidate Using Campaign Money Scheme Pioneered by…Stephen Colbert | Mother Jones

Ryan Zinke, a Republican running for Congress in Montana, is using a novel scheme to bankroll his congressional campaign—one that originated with Stephen Colbert. In January 2012, Colbert summoned Daily Show host Jon Stewart and Trevor Potter, a campaign finance expert, to the Colbert Report studio for a surprise announcement: Colbert was handing control of his super-PAC—a political action committee that can raise and spend unlimited amounts of money on political races—to Stewart. The two comedians signed a two-page document, then held hands and locked eyes while Potter bellowed the words, “Colbert super-PAC transfer, activate!” Colbert then announced that he was forming an exploratory committee to weigh a run for “President of the United States of South Carolina.” Stewart, meanwhile, renamed Colbert’s super-PAC the Definitely Not Coordinating with Stephen Colbert Super PAC, and promised Colbert he would run ads to support Colbert’s presidential bid. The point of Colbert and Stewart’s comedy bit was to demonstrate that the Supreme Court’s Citizens United decision had rendered campaign finance law remarkably flimsy—so weak that it was legal for a person to start a super-PAC, raise unlimited heaps of cash from big-money donors for that super-PAC, quit the super-PAC, and then run for federal office supported by that super-PAC. Here was an easy way to escape the $2,500 limit on what individuals may give to federal candidates.

Full Article: GOP Congressional Candidate Using Campaign Money Scheme Pioneered by…Stephen Colbert | Mother Jones.

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