Colbert for President!

Colbert is "running" for President as both a Democrat and Republican, but only in his native South Carolina, where he is a self-declared "favorite son." If the FEC tries to crack down based on federal campaign laws, the joke will only get better: a First Amendment fight would be a no brainer win for Colbert, and he could (rightfully) play the martyr besieged by the awful federal government bureaucracy every night until he grows tired of it.

Update: Adam B at Daily Kos disagrees: "I've wrestled with this one, and the way I see it, if Colbert makes real efforts to get on the ballot, then he's a candidate -- and it's not for the FEC to say who's a "serious" candidate." I just don't see it. He isn't running in any state other than South Carolinia; his character is running, not him; he's a comedian for a living; and it is obvious parody.