mr. colbert's show but i have no memory of that.ist a clip of me on air which was edited to change what i said. mr. colbert took issue and accused me of copying him. he went so far as to create something called the absurd you chart just to put me on it. look. >> you, sir, are nothing but a thief! because your segment, the ridiculist, is a clear ripoff of my on notice board. and for stealing my idea, i'm putting you and your ridiculis on my absurdu chart. >> words hurt, mr. colbert. words hurt. the idea that i'm copying you is redonculous. i cannot believe it you of all people say i am copying you when in fact, sir, that's right, sir, i'm going there, it has been you who has been koipg me for years. that's right. i said it. i you exhibit a. here you are on the cover of the current issue of "outside" magazine. like you ever go outside. but oh, wow, where could you have come up with the idea of being on the cover of "outside" magazine. could it be from me? one year ago, april 2010. there i am. look. i'm on the cover of "outside" magazi

mr. colbert you may form your pac and proceed as the commission has advised in this opinion. >> stephen: whoo! i can have superpac! whoo! (cheers and applause) >> stephen: come on! yeah, bab baby. now i realize that some of these balloons look a little ripe. that's because we put them up there 60 days ago when we first filed for the advisory opinion along with a flock of free speech doves. so (laughter) i had won the vote folks, but i would not officially have a superpac until my papers for the superpac were filed with the secretary of the fec. >> no superpac yet. still no superpac. no, oh, it's just a handshake. no superpac yet. paperwork's still to come. and superpac! (cheers and applause) >> stephen: thank you very much. newly and superpacked t was time to head outside and address the colbert supernation. hello, nation. >> hello! >> stephen, stephen, stephen! >> stephen: i am here to represent your voice. so please quiet down so we can all hear what you have to say with my mouth. (laughter) >> stephen: fill owe americans, ladies and yes, supporters, friends, and federal employees with

mr. colbert comes to washington to make a point about campaign finance regulation. today comedian stephen colbert won approval from the federal election commission to start his own political action committee. the colbert super pac will allow the tv host to raise unlimited cash from conformations and individuals. the recent supreme court ruling allows corporations to spend unlimited amounts of money on elections. >> some people have cynically asked if this some kind of joke? i for one don't think that participating in democracy is a joke. i don't think that wanting to know what the rules are is a joke. >> the cash will be used to support or oppose candidates in the 2012 elections. the commission also said colbert can use his tv show's resources to boost his pac but he has to disclose some of the major expenses as contributions from the show's corporate owners. >>> a zero tolerance law is about to go into effect in virginia. shawn yancy has that and more on your fox 5 top five. >> up first tonight you might be surprised to hear d.c. drivers are on board with red light

mr. colbert, you may form your own pac and proceed as the commission has advised in this opinion. >> stephen colbert was approved to form a pac by the federal election commission. colbert's pac allows him to use the resources of his parent company viacom to create ads for the upcoming election without having to report them.

mr. colbert, you may form your pac and proceed as the commission has advised in this opinion. >> yes, thateally was the real federal election commission granting stephen colbert permission to set up his political action committee. colbert super pac. it will join over 100 super pacs since the supreme court has ruled in favor. they ruled today that colbert can in effect advertise the colbert super pac on the show without treating the air time used to discuss the colbert air pac on the show as oy contribution from the network comedy central or its parent company, via calm. com -- viacom. colbert contained himself and allowed his attorney to handle most of the questions. but once it was approved, the artist currently known as colbert returned to form. >> i am here to represent your voice, so please quiet down. so we can all hear what you have to say with my mouth. there will be others who say stephen colbert, what will you do with that unrestricted super pac money? to which i say, i don't know. give it to me and let's find out. because i don't know about you, but i do not accept limits on my f

mr. colbert has to have you on for this. you do one on renewable fuels.. >>> up next, we have a power house political panel to tackle this tuesday, feels like monday. we'll get the latest on the debt talks. who's winning? who's losing. >>> plus tim pawlenty tries to define the minnesota shutdown on iowa caucus goers. >>> could the republicans be bucking conventional wisdom. >>> the soup of the day, it's minestrone, america's favorite leftover soup. when you're not sure what to do with all the hot dogs, throw it in the broth and a couple noodles and call it minestrone. you're watching "the daily rundown" on msnbc. my doctor told me calcium is best absorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. for the effi♪ nt absorption my body needs. ♪ ♪ ♪ introducing purina one beyond a new food for your cat or dog. >>> when oliver north entered a federal courthouse for sentencing in the iran contra scand

mr. colbert, you may form your pac and proceed as the commission has advised in this opinion. >> stephen t was approved to form a pac yesterday. colbert's pac allows him to use his tv shows, air time, staff, and other resources to raise money for political candidates. afterwards, he celebrated outside with his fans. >> ladies and gentlemen, i'm sorry to say we won. i am a superer pac, and so can you. >> afterward, colbert added, i don't accept the status quo, but i do accept visa, mastercard, and american express. he also added he's not doing it for neglect but personal gain. >> maybe a new house or swimming pool. >>> coming up, facebook ready to launch what mark zuckerberg calls something awesome. what it could be. >>> and workers at a local shelter devastated over what they had to do.

mr. colbert? >>> 5:21 now. >>> today hundreds of thousands will be in ottawa trying to catch a glimpse of prince william and his new wife catherine. >> they are there helping to celebrate canada day on what would have been the 50th birthday of the prince's mother diana. last night the duke and duchess of cambridge charmed some young fans at a reception. and in just a few hours from now, they will ride in a parade for canada's birthday celebrations. and that includes a 21-gun salute and a military flyover. >> 5:21 now. it's your chance to see the bay area from new heights. the thrilling attraction making a big comeback. >> and it is a bright light in a neighborhood that needs it most. how a bay area community came together to give kids a dream place to play. ,, ,,,,,,,, i tell ya, i work a long day, every day. i hang my head out the window. oh man, we're delivering everything you can think of: plywood, cement. i, i enjoy the breeze on my tongue. well uh, and every weekend, seems like we're headin'

mr. colbert's only super pac. >> now the real work begins and i am reminded as we stand here as the pilgrims on this very spot but in massachusetts filed their papers on plymouth pac to be free of the tyranny of king george who refused to allow even a corporate carving to be spent on u.s. presidential elections. of course, they'll others who say stephen colbert what will you do with that unrestricted super pac money? to which i say, i don't know. give it to me and let's find out. >> so why aren't the republican candidates raking it in so far this year? nate silver at the "new york times" today said even without all the numbers in yet it looks like all the republican candidates together as a group are raising about half of what they raised this time in the last election cycle. mitt romney's raised less than half of what he said he's raise by now. think about what's different now from the last time around. if you're a rich guy and you want to influence elections, why wouldn't you take the stephen colbert route? if you're a rich guy, a rich corporation or even a rich foreign government that wan