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So who is the real fiscal conservative? Karl Rove lost $400 million for the donors of his American Crossroads super PAC, but Stephen Colbert has a cool $800,000 left in his special campaign war chest.
Colbert started the real-world super PAC as an activist spoof on the special-interest money flooding into politics following the Supreme Court’s decision in the Citizens United case. He aimed to educate his viewers about the sometimes-shady dealings, donations and inner workings of those groups, and in the process raised $1.4 million of his own money and inspired many others to start their own actual super PACs.
To read his FEC documents, click here for all his filings. Most of the money he spent, it seems, was on various kinds of consulting.
Now, with the election over, federal records show he has around $800,000 left, and as he told Playboy recently, “I can spend it on anything I want. I could use my super PAC money to buy a private jet, and I have to justify it to no one.”
On his show last night, he took aim at the big conservative fundraisers who spent so much and received so little in return in this past election, while educating people further about just where the leftover money goes when the polls close.
Both democracy and ham are in trouble.
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