As Lawrence O'Donnell noted during his Rewrite segment during Wednesday night's Last Word, everyone was wondering what Stephen Colbert would do once he launched his new super PAC. Well, this week we got our answer with the first ad from the PAC,
August 11, 2011

As Lawrence O'Donnell noted during his "Rewrite" segment during Wednesday night's Last Word, everyone was wondering what Stephen Colbert would do once he launched his new super PAC. Well, this week we got our answer with the first ad from the PAC, asking Iowa voters to support Rick "Parry" in the Ames Straw Poll.

Here's more from The Hill -- VIDEO: Colbert launches first super PAC ad:

Comedian Stephen Colbert's super PAC released its first ad, "Episode IV: A New Hope" paid for by Americans for a Better Tomorrow, Tomorrow.

The video takes aim at the money being spend to promote candiates before the Ames Straw Poll in Iowa.

Rather than support any of the declared Republican candidates -- or Texas Gov. Rick Perry, who is expected to join the field -- Colbert asks voters to write-in Rick Parry. That's with an "A" for America and Iowa, the ad says.

Colbert lampooned the Citizens United v. FEC decision on his show since the Supreme Court struck down campaign finance laws and allowed corporations to spend unlimited amounts of money on behalf of candidates.

Colbert's joke to form his own super PAC became a decision with real-life implications for campaign finance.

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