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Originally published November 13, 2012 at 8:05 PM | Page modified November 14, 2012 at 7:26 AM

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Colbert shuts down his Super PAC

Comedian Stephen Colbert is shutting down his parody political-action committee, Americans for a Better Tomorrow, Tomorrow.

The New York Times

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If you haven't seen the bit on the Colbert Report, you need to. Immediately. His lawyer... MORE
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Count Stephen Colbert among those disappointed "super PAC" operatives who feel they didn't help decide the presidential election.

But Colbert is taking it one step further: He is shutting down his group, Americans for a Better Tomorrow, Tomorrow.

In a letter posted to the group's website, Colbert cited the "timely passing" of Ham Rove, an actual canned ham that Colbert called the super PAC's "adviser and chief strategist."

"Due to Ham Rove's timely passing, I am announcing that Colbert super PAC is shutting down effective immediately," Colbert wrote.

On Monday's "Colbert Report," Colbert expressed fear in taking money from "anonymous, scary donors," and claimed they were trying to kill him for ineffectively using donations.

So, Colbert offered donors "a head on a platter," and did away with Ham Rove. He then made the group's remaining funds — almost $800,000 — "disappear" to a new 501(c)(4) group through an IRS loophole, as explained Monday by Colbert's lawyer, Trevor Potter, the former chairman of the Federal Election Commission (FEC).

"During this time of mourning, we ask that you respect our privacy, and more important, the privacy of our money," Colbert said. "It wishes to stay out of the public eye, so please don't go trying to find it. Rest assured, you won't. We have a really good lawyer."

Colbert's super PAC was a joke that became real, evolving from a skit mocking the Supreme Court's Citizens United decision to a full-fledged super PAC, at one point raising more than $1 million.

While never explicitly stating his intentions, Colbert used the group to raise awareness over loose campaign-finance laws.

As of Tuesday night, a termination report for Americans for a Better Tomorrow, Tomorrow had not been posted on the FEC's website.

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