Lots are saying that tomorrow seems pretty perilous. Former fbi director james comey testifying in front of the senate and based on his just released Opening Statements its not going to be pretty for the white house. We got the British National election where is the labor Party Looks Like it might have a chance of winning. Something that could send the british stock market and the pound plummeting and major European Central bank meeting in astonia where the economic expansion might merit the end of massive monetary stimulus. To the hand ringers will be out in full force. I bet the same people that told you to sell the last time trump was in trouble, the ones that think this rally is predicated on total trump policies. Trump stock. Will tell you to sell again. Im sure the same people that bolted when brexit occurred already have one foot out the door. I can promise you there are people that will genuinely flip out if the ecb does move the stimulus and to make matters worse throw this in
Ranging from buckley very chalet hoe, to Citizens United to the recent mcchurch con case, have reheat repeatedly argued disclosure advances Public Interest and the court rejected the arguments put forward by senator mcconnell and justice thomas. The courts have put forward three main arguments in favor of disclosure. One, the Public Interest in knowing who is spending money to try to influence their votes. Two, that transparency serves an important anticorruption interest, and, three, that disclosure helps to enforce other Campaign Finance laws like the prohibition on foreigners or foreign owned corporations spending money in u. S. Elections. Heres what the sprem court said in buckley with respect to disclosure of both direct contributions to campaigns and independent expenditures. I quote Disclosure Requirements deter actual corruption and avoid the appearance of corruption by exposing large contributions and expenditures to the light of publicity. A public armed with information abou
Contributions to the naacp infringed on the right of Free Association because it exposed those individuals to physical severe threats and retribution. The court in the naacp case put for district test for groups seeking to avoid disclosure. And in the later 1976 buckley decision the court rejected a challenge to Disclosure Requirements based on the earlier naacp case. The Buckley Court found that the strict tests for avoiding disclosure in naacp did not void the Campaign Finance Disclosure Requirements that they upheld in buckley and the Buckley Court did say that a group could seek an exemption from the Disclosure Requirements if it they could demonstrate as the naacp did in the alabama case that would be subject to an actual not speculative verdon on the freedom of association. And in fact the fec has determined that the socialist Workers Party which they found based on history of violence harassment and threats to quote has met that task and exempted them from current Disclosure Req
With us, we have White House Reporter for the Associated Press, jonathan la mere, and author of the book, disarray. We came back. And the yankees. The season is just beginning. Oh, my god. For the astros. Well talk about the astros. I heard, i heard. Also with us, former treasury official. The mets have had their run. The mets have had their run. My son thinks they still have a shot at the second wild card spot, but it is not going to happen. How do you recover from that last night. That was rough last night. Former treasury official, Steve Rattner and Washington Bureau chief and author of the matriarch, susan page. Great to have you all this morning. Were going to start with news and politics. Were going to start with the hurricane, a little bit of music, thats fine, we can do that, but everything in its proper context and place. Hurricane dorian. Baseball, cooking. Lashed parts of floridas east coast overnight with storm surge and hurricane warnings, extending up the eastern sea boar