Tag Archive: The Colbert Report

Mar 11 2012

Rant of the Week: Stephen Colbert

Iranian Irony Threat

As war tensions escalate between the U.S. and Iran, Stephen fears a covert hipster plot.

Mar 04 2012

Rant of the Week: Stephen Colbert

The Word – Change We Can Believe In

Barack Obama’s plan to eliminate the Bush tax cuts for the wealthy pits rich against poor, but luckily, the poor aren’t buying it.

Dec 25 2011

Rant of the Week: Stephen Colbert: Don We Now Our Gay Apparel

Dec 18 2011

Rant of the Week: Stephen Colbert

Paying for Protest: Let Them Buy Cake

These people may have the right to free speech but only money talks.

Dec 11 2011

Rant of the Week: Stephen Colbert

Colbert Super PAC – Stephen’s South Carolina Referendum

South Carolina’s Supreme Court rules that non-binding, advisory questions like that of corporate personhood cannot be placed on a presidential primary ballot.

Colbert Super PAC – Stephen’s South Carolina Referendum – Dick Harpootlian

South Carolina Democratic Party chairman Dick Harpootlian helps Stephen fight to restore his corporate personhood referendum to the Republican primary ballot.

Colbert Pushes ‘Corporations Are People’ Referendum

by Charles McGrath

Because of what he calls his “deep and abiding interest in the matter of corporate rights,” Mr. Colbert approached the South Carolina Democrats, and on Tuesday the party chairman, Richard Harpootlian, filed a petition asking for a re-hearing.

“Trust me, this was a measure of last resort,” Mr. Colbert said in a statement. “I’ve always thought Democrats had only one skill: simultaneously being atheists and holier-than-thou. But apparently they also have legal standing in this case.”

Nov 06 2011

Rant of the Week: Stephen Colbert

Muffingate

The Department of Justice releases a full-color, 151-page cost report proving no government money was wasted on muffins.

Oct 30 2011

Rant of the Week: Stephen Colbert

War on Halloween – Costume Swapping & Jesus Ween

Planet huggers turn America’s Almond Joy into almond shame, and a Christian group in Texas hands out Bibles instead of candy.

Oct 23 2011

Rant of the Week: Stephen Colbert

Bill O’Reilly’s “Pinheads & Patriots”

Bill O’Reilly supports America’s troops by sending them what they need most on the battlefield: his book.

Oct 02 2011

Rant of the Week: Stephen Colbert

I Think, Therefore I Brand

Web searches are enshrined in America’s founding documents, and cigarettes have a First Amendment right to be alive with pleasure.

Google searches for “Santorum” and “Rick Santorum for your edification. 😉

Oct 01 2011

Campaign Finance Game: Stephen Goes Stealth

Colbert Super PAC – Trevor Potter & Stephen’s Shell Corporation

Trevor Potter helps Stephen create his own shell corporation so that he can obtain secret donations for his Super PAC.

Stephen get schooled in how to game the campaign finance system by creating a 501(c)(4):

501(c)(4) organizations are generally civic leagues and other corporations operated exclusively for the promotion of social welfare, or local associations of employees with membership limited to a designated company or people in a particular municipality or neighborhood, and with net earnings devoted exclusively to charitable, educational, or recreational purposes. 501(c)(4) organizations may lobby for legislation, and unlike 501(c)(3) organizations they may also participate in political campaigns and elections, as long as campaigning is not the organization’s primary purpose. The tax exemption for 501(c)(4) organizations applies to most of their operations, but contributions may be subject to gift tax, and income spent on political activities – generally the advocacy of a particular candidate in an election – is taxable.

Contributions to 501(c)(4) organizations are not deductible as charitable contributions for the U.S. income tax. 501(c)(4) organizations are not required to disclose their donors publicly. This aspect of the law has led to extensive use of the 501(c)(4) provisions for organizations that are actively involved in lobbying, and has become controversial. In 2010, a bill (the DISCLOSE Act) was passed by the U.S. House of Representatives that addressed identification of donors to organizations involved in political advocacy, but the bill failed to pass in the Senate.

The entire transcript is below the fold but here is the punch line(s):

SC: Can I take this C-4’s money and then donate it to my Super PAC?

TP: You can.

SC: Well,wait. Super PAC’s are transparent.

TP: Right, right

SC: And the C-4 is secret

TP: Umhmmm

SC: So I can take secret donations of my C-4 and give it to my supposedly transparent Super PAC.

TP: And it’ll say given by your C-4

SC: What is the difference between that and money laundering?

TP: Hard to say.