Stephen Colbert Transfers Super PAC Power To Jon Stewart As He Considers Presidential Run

Stephen Colbert

By Zachary Swickey

Our favorite political pot-stirrer Stephen Colbert is causing a joyous ruckus once again. After polling in South Carolina, his home state, at five percent, Colbert has passed his Super PAC to his old chum Jon Stewart and is planning on forming an exploratory committee for a possible presidential run (we’re surprised Kanye isn’t doing the same with his “DONDA” project).

For months now, Colbert has been comically mocking the South Carolina Republicans and their presidential primary, and it appears he’s diving into the race headfirst. A new poll has revealed Colbert is even favored ahead of Jon Huntsman in South Carolina.

Additionally, the Palmetto Public Record reveals that Colbert’s Super PAC – Americans For A Better Tomorrow, Tomorrow – is in negotiations with buying some media in the Columbia market. Airtime is pricey during the primary season, so Colbert surely has a solid ace up his sleeve.

However, in order to run, Colbert must give up his beloved Super PAC. We all know how good politicians are at finding loopholes and ways around things, so Colbert found one himself by transferring control of the PAC to Mr. Stewart in order to proceed. Watch, after the jump!

Colbert has been a long-time outspoken (sarcastic) voice in politics. He showed off his major cojones (which must be bigger than the boulder in “Raiders of the Lost Ark”) when he roasted President Bush at the 2006 White House Correspondents Dinner: “32% [approval rating] means it’s 2/3 empty. There’s still some liquid in that glass is my point, but I wouldn’t drink it," he joked. "The last third is usually backwash.”

Previously, Colbert launched a short-lived presidential bid in 2007 at the University of South Carolina’s historic Horseshoe area, but after neither party would allow him on the ballot, he was forced to end it prematurely.