The Washington Times - October 14, 2012, 09:13AM

Late-night satirist Stephen Colbert broke from character on Sunday morning and offered a serious assessment of the presidential campaign and opined on what President Obama may do in his second term and on which direction Republican challenger Mitt Romney would take the nation if elected.

“I think there is the possibility that Obama would be a more aggressive reformer or changer in the second act of his presidency,” Mr. Colbert said on NBC’s “Meet the Press,” in an interview in which he seamlessly shifted between his faux conservative pundit personality made famous on Comedy Central’s “The Colbert Report” and a legitimate political commentator.

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“I also don’t know how Mitt Romney would govern,” he continued. “He might govern as a technocrat. That seems to have been his career — like the guy from Pepsi who comes in to run GM. He can’t tell us what he’s going to do because he hasn’t seen the books yet. But we don’t know, because he seems absolutely sincere as a moderate. He also seemed pretty sincere as a severe conservative. That’s not a dig; it’s honest confusion.”

Mr. Colbert regularly walks the line between parody and reality, continuing to lampoon political figures from both sides of the aisle while also creeping into the mainstream. He’s testified before Congress on immigration reform, an appearance he did entirely in character. Mr. Colbert also formed a spoof super PAC designed to highlight the out-of-control influence of money in American politics.

“There’s a politico-industrial complex,” he said of that effect. “It’s not only raising money but is built around making money based off of the fact that there is so much money in politics. And there are almost no rules.”