FEC Grants Stephen Colbert's Super PAC Request, But Compromise Decision Will Have Only Limited Political Impact [Slate]

Behold the Truthiness party…

The Federal Election Commission on Thursday approved comedian Stephen Colbert's request to form a so-called "Super PAC," a political action committee that can raise unlimited amounts of money from corporations, unions and wealthy individuals.

The Comedy Central star's decision to form the PAC is part of his satiric attempt to highlight the implications of the Supreme Court's Citizens United decision last year, which determined that corporations have the same free speech rights as individuals and can provide unlimited money for political advertisements.

FEC Grants Stephen Colbert's Super PAC Request, But Compromise Decision Will Have Only Limited Political Impact