Could Super-Pacs be used to launder money?

[freshwest]

8. Only if their first name is Stephen...

Stephen Colbert vs. Karl Rove: Who's better at 'money laundering'?

By Peter Grier, Staff writer / September 30, 2011

Stephen Colbert has taken his mockery of campaign finance in the US to a new level by showing he can funnel unlimited, anonymous cash into his Colbert Super PAC.

Stephen Colbert is setting up something that’s pretty close to a money laundering operation. Why? So that rich folks and corporations can anonymously channel money into his "super PAC" – a political action committee that in turn can spend unlimited funds advocating for issues and candidates it likes.

Again you ask, why? What’s the point of a comedian setting up such sophisticated campaign-finance apparatus? The answer to that seems obvious – he’s making fun of it. As we’ve said before, Mr. Colbert is a performance artist as much as a comic. What he’s highlighting here is the absurdity of US campaign finance regulations – or rather, how they may be regulations in name only...

http://www.csmonitor.com/USA/Elections/Vox-News/2011/0930/Stephen-Colbert-vs.-Karl-Rove-Who-s-better-at-money-laundering

Tricky Dick (Nixon) was caught laundering PAC money overseas. Like Mittens. But there were laws and regulations in Nixon's day, so they got rid of those.