Americans for a Better Tomorrow, Tomorrow, the Super PAC started by Comedy Central’s Stephen Colbert, filed papers with the Federal Election Commission yesterday stating that it has raised $1,023,121. “How you like me now, F.E.C? I’m rolling seven digits deep!” Colbert wrote in an addendum. http://money.cnn.com/2012/01/31/news/economy/colbert_super_PAC_filing/index.htm
Colbert, who has been using his show to explore the murky world of campaign finance added, “It’s the way our founding fathers would have wanted it, if they had founded corporations instead of just a country.”
Documents filed by Colbert showed that most contributions were less than $250, but listed some interesting exceptions. Gavin Newsom, the Lieutenant Governor of California, gave $500. Newsom said, “I applaud Stephen Colbert exposing the absurdity of our current political financing system. I’m proud to support Colbert’s message with a donation. And I like his haircut.”
It can hardly be an accident that Colbert filed his report on the same day that Mitt Romney completed his purchase of the 50 Florida delegates using Super PAC funds.
I spotted an interesting article in the morning paper, drawn from the Washington Post: “GOP super PACs may give Obama a run for his money.” Unusual so early in an election year – no high-sounding phrases about the will of the people or selecting the best candidate. Just a bare statement of fact that the winner will be the one who buy the most airtime on TV.
On the January 20, Bill Moyers interviewed David Stockman, former budget director for Ronald Reagan, who shared his disillusionment:
“we also have to recognize the pessimism that the public reflects in the surveys and polls is warranted…The Congress is owned lock, stock and barrel by one after another, after another special interest…So how do we turn that around? I think it’s going to take, unfortunately a real crisis before maybe the decks can be cleared.” http://billmoyers.com/
On the same program, Moyers interviewed Gretchen Morgenson, a Pulitzer Prize winning journalist for The New York Times and author of the 2011 book, Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon.
Morgenson agrees that another crisis, worse than 2008 is inevitable, because nothing has changed, and expects it to happen within the next 10 years. After listening to her sadness and anger, Moyers asked Morgenson if there was anything that gave her hope, and she said yes:
“What makes me optimistic is that people are understanding this now, that Main Street gets it, you know, the thing that I found compelling about the Occupy Wall Street movement was that it seemed to be tapping into this anger. Previous to that there was just this kind of silence, you know, people were maybe too flabbergasted by what had gone on.
But we still don’t know it all and until we do we can’t really protect ourselves going forward. But I do get a sense that there is anger, that there is rage and that maybe, maybe, just maybe somebody in Washington might pay attention to that.”