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Detailed text transcripts for TV channel - MSNBC - 20120725:04:46:00

i think that s a huge point, right, because we talk all the time about citizens united. we don t talk a lot about buckley v. valejo. the big idea floating around congress is the disclose act which wouldn t put limits on the amount of money anybody can pend in elections but would force a much more transparent disclosure. within that context, disclose wouldn t work because some of what we re worried about isn t just money that gets spent but money people threaten to spend. can you explain that? this is an argument made in the academic literature, a nice paper called the iceberg theory of contributions. pointing out that the contribution is hiding a much more larger threatened contribution to have its effect. but actually, evan buy made the point former senator from indiana. he said what everybody is worried about in indiana is that 30 days before an election, some ....

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