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Title: bolognastewartsg Nation libyamissiles-screengrab andersoncooper-screen eatingwithchopsticks-commons com_tcr_ham_rove_110929a michelleobamatargetscreencap cnn_live_gingrich_rhinos_110929a occupykentucky-screen Colbert explains Rove’s ‘money laundering
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URL Source: http://www.rawstory.com/rawreplay/2 ... roves-money-laundering-scheme/
Published: Sep 30, 2011
Author: David Edwards
Post Date: 2011-09-30 11:53:15 by Skip Intro
Keywords: None
Views: 1461
Comments: 3
Comedy Central’s Stephen Colbert created his own shell corporation Thursday to demonstrate how Karl Rove launders money to his American Crossroads SuperPAC.
Because Rove only appears on Fox News, a ham loaf with classes substituted for the purposes of Colbert’s interview. With just a few bites out of “Ham Rove,” Colbert gained all of the Republican strategist’s memories and came to understand exactly how the SuperPAC hides its donors.
Unlike American Crossroads, Rove’s Crossroads GPS is a 501c4 organization that does not have to disclose its donors. Crossroads GPS can then transfer donations to the Americans Crossroads SuperPAC and the original donors remain secret.
“Clearly, these c4s have created an unprecedented, unaccountable, untraceable cash tsunami that will infect every corner of the next election,” Colbert noted. “And I feel like an idiot for not having one.”
With the help of former McCain campaign attorney Trevor Potter, Colbert created an anonymous shell corporation and a 501c4 organization.
“So I can get money for my c4, use that for political purposes, and nobody know anything about it until six months after the election?” Colbert asked.
“Yes,” Potter agreed. “And even then they won’t know who your donors are.”
“That’s my kind of campaign finance restrictions,” Colbert joked. “Can I take this c4 money and donate it to my SuperPAC?”
“You can,” Potter replied.
“But wait, SuperPACs are transparent,” Colbert observed. “And the c4 is secret. So I can take secret donations to my c4 and give it to my supposedly transparent SuperPAC. What is the difference between that and money laundering?”
“It’s hard to say,” Potter said.
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Great title, but the real one is "Colbert Explains Rove's money laundering scheme."
#2. To: Skip Intro (#1)
Great title, but the real one is...
Damn, I thought I did that at first...
{{{chuckle}}}
Never swear "allegiance" to anything other than the 'right to change your mind'!
#3. To: Skip Intro (#0)
'OPERATION REPO' ... TOPS --- 'DAILY SHOW'?
Shish
Posted September 29, 2011 at 5:01 PM
Maybe the unwashed masses that used Jon Stewart as their only news source have finally woken up.
http://tvbythenumbers.zap2it.com/2011/09/29/wednesday-cable-real-world-premiere- tops-baseball-the-ultimate-fighter-mythbusters-blue-mountain-state-more/105379/
If you ... don't use exclamation points --- you should't be typeing ! Commas - semicolons are for girlie boys !
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