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Colbert's Run For President May Be Criminal
eldavojohn writes "Some of you may know about Steven Colbert's fake presidential campaign... although are you sure it's fake? Well, it had better be because if it is taken too far — such as if he actually gets on the Republican and/or Democratic ballot in South Carolina — his use of corporations & advertising to back his campaign could get the attention of the Federal Election Commission. Doritos & Comedy Central could be facing some problems as well, funding a man running for president." A million Facebook users have signed up for the "1,000,000 Strong for Stephen T Colbert" group in the last week — though the group could be read as a satire of Barack Obama's similarly-named group, which has fewer than 400,000 members after 9 months.
The other night Colbert talked specifically about this. He said that under election law he can use the corporate sponsorship money to produce the Colbert Report but he can't use it for his campaign. So he took the opportunity to satirize the law and point out that as Colbert the show host he is saying "eat the chips!" but as Colbert the presidential hopeful he is simply saying that he enjoys a nice doritos chip.
In any case he and his show lawyers aren't as stupid as they pretend to be and they will make sure they stay on the right side of the law in case this does get taken seriously.
"Wouldn't Jon Stewart be a better choice if you want one of the clowns to become president?"
Clowns? Perhaps you should take a look at the real presidential candidates before you call Jon Stewart and Stephen Colbert, "clowns".
I dare you to NOT find a clown running for president.
There is a big difference between 1,000,000 people and 1,000,000 Americans.
For all their crimes, that's one thing Enron and Halliburton haven't done. They didn't offer a pension, just a retirement account match. In Enron's case, workers lost whatever they put into Enron stock, plus their match (which was given in stock).
If you want to complain about pension funds getting raided to pay for yachts, I'd like to direct your attention to:
-American car makers
-American steel makers
-American air carriers
-every state and local government pension fund
-the US Social Security system (I know, getting way off topic here)
All private companies listed above offered long-deferred compensation that they never bothered to fund in advance to actuarially-accurate levels, making them vulnerable to those expenses in the future. Because they got cheaper labor (by deferring part of workers' compensation) they were supposed to set aside a fund, but instead it was spent on dividends and bonuses. It is exactly as if I took out a giant business loan, paid it out as a dividend, and then complained about "legacy interest costs". Until recently, that was all with the blessing of the SEC.
In the case of the government agencies above, they take money that should be used to fully fund the obligations and instead spend it on present fads.
Apology to Ubuntu forum.
I honestly hope Colbert wins in SC. The only better guy for president would be Jon Stewart!. Either of them would spank those Dem/Rep around in a debate until they cried.
Heh, I'd love to watch this as well. I was curious about what the requirements were to get into the debates, so I did a little googling. I can't find the criteria for the 2008 Presidential election (which are presumably pretty different, considering a number of the candidates in the debate don't meet the criteria below), but for curiosity's sake here's the criteria used in the the 2004 election debates:
http://debates.org/pages/candsel2004.html
* Evidence of Constitutional Eligibility: yup, Colbert's >35 years old and is a natural born citizen (born in DC, actually)
* Evidence of Ballot Access: he needs to get on enough state ballots to be able to theoretically win the election (270 electoral votes). I'm not familiar with the requirements for each state, but I imagine this could be tricky.
* Indicators of Electoral Support: He needs to poll at least 15% nationally. He's already polling ahead of Bill Richardson and Dennis Kucinich. He also got 13% in polls which pitted him against Hillary Clinton and Rudy Giuliani.