comScore Lawrence O’Donnell: Stephen Colbert Highlights What’s Wrong With Mitt Romney’s SuperPACs | Mediaite

Lawrence O’Donnell: Stephen Colbert Highlights What’s Wrong With Mitt Romney’s SuperPACs

Is Stephen Colbert‘s satirical presidential run in South Carolina a veiled slap at Mitt Romney? MSNBC’s Lawrence O’Donnell spoke with former Clinton Administration staffer Robert Reich on The Last Word, and examined the mischievous late-night host’s modus operandi.

“This is all the product — the predictable product, I guess, of the Citizens United ruling by the United States Supreme Court, this out-of-control SuperPAC environment,” O’Donnell observed. “Do you think Stephen Colbert is helping by showing how crazy this has become or is he letting people relax about it and thinking it’s just kind of funny and turning it into something too light?”

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“Never underestimate the affect of satire in politics,” Reich proclaimed. “I think it does have a positive effect, but when you come right down to it, this is not a joke. I mean, SuperPACs, money in politics — completely out of control right now and it all does go back, not just to what the Supreme Court did two years ago, 5-4 majority, Citizens United against the FEC, saying essentially that corporations are people, and then also combined with the prior Supreme Court case that said money is speech. Well, if corporations are people and money is speech, the net effect is to open the floodgates to money in politics right now in a way that we haven’t seen in this country for over 100 years…I mean, essentially we’re losing our democracy. i don’t want to be overly dramatic about it, but that is the only thing that I can say. we are — we have to take our democracy back, Lawrence.

“Colbert has handed the PAC over to (Jon) Stewart so he can say that Romney line, ‘I have no control over this SuperPAC,'” O’Donnell noted. “I mean, he’s doing everything that highlights what’s wrong with these SuperPACs — where do we begin to try to get control of this?”

“We probably do need a constitutional amendment,” Reich proposed. “That’s the conclusion that many lawyers and constitutional experts have come to. The Supreme Court, unless we get a radically different Supreme Court soon — and we’re probably not all that soon, the way to do it, the most direct way to do it, it’s going to take some time, but the most direct way to do it is to have a constitutional amendment.”

Watch O’Donnell analyze Stephen Colbert’s satirical presidential campaign below via MSNBC:

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