FEC allows Colbert to form "Super PAC"

WASHINGTON � Stephen Colbert learned an important lesson Thursday at the Federal Election Commission: Even a gifted comedian can't make campaign-finance law funny. In a meeting devoid of anything beyond a gentle chuckle, the FEC decided that Colbert could go ahead with his plans to form a self-titled "super PAC" that could raise and spend unlimited money on the 2012 elections. But the panel also concluded that the television host's employer, Viacom Corp., would have to report any help it gives to Colbert for political activities outside "The Colbert Report" show.