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Detailed text transcripts for TV channel - MSNBC - 20130519:13:02:00

Take up the do we have an hour? proposal that you raised which is that the democrats in congress proposed the act that there was a time where disclosure was a bipartisan solution. remember 527s used to not disclose. then there was a 527 disclosure bill which was a bipartisan bill. it was supported by democrats and republicans alike. democrats proposed the act as a way to disincentivize one type of tax entity versus another. 527 or 501-c-4. without it create a relatively equal playing field and money would be disclosed. and i think and remember,sy sense united the supreme court upheld 8-1 disclosure as possible later case, though, versus reid disclosure was again upheld in the ballot initiative context. before you move to the more radical solutions, i don t think you ought to leave the topic of ....

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Detailed text transcripts for TV channel - MSNBC - 20130519:13:01:00

Piece called how to fix the irs mess. at the root of all of this really is a basic problem. that s basic issue. the supreme court has said in two rulings over the last 35 years or so, money equals free speech. second, the corporations can give money to elections. you have that and then you look at the evolution of campaign finance reform law over the last generation or so where it basically has been an attempt to move political money away from candidates, away from campaigns and parties. you had soft money originally and you had 527s a decade ago after mccain/feingold. now the new loophole karl rove and other people exploit, patch up the 4 it goes somewhere else. what bernstein proposed, he said let s admit that this money right now because of the supreme court is it is out will and will find a way into the system. let it go back to the campaigns and let it be unlimited and goes to the campaigns and fully disclosed and public financing. i want to take i want to ....

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Detailed text transcripts for TV channel - MSNBC - 20130519:13:08:00

In to the political system, the key was that they are consumers and shareholders would know about it and use their free speech to check the free speech. it is really indicating a premarket. instead what we are hearing is some of the speakers wanting to take the benefit of their new rights to speak directly to influence american voters but without any of the accountability we have in our political system set up as you said candidates contributors to candidates are disclosed. $200 on the website. political action committees when they spend money and registered at 527s have to disclose their donors. people who play in politics have to disclose their donors. but now because of these new avenue it is supreme court set up without realizing that disclosure provisions, $300 million in dark money from c-4, c-5, c-6s and that s inappropriate and we immediate to fix things in clear ways. disclosure legislation, bright ....

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Detailed text transcripts for TV channel - MSNBC - 20130517:14:34:00

Will call them who are trying to do good work and they are being tainted by some of these organizations that are out there doing nothing more than political activity because the supreme court gave them license to go ahead and use a nonprofit status to go out there and do politics. is the law clear, mr. miller, in your mind on what is political campaign activity? no. it is very difficult, sir. can you distinguish between section 501-c 4 organizations and, say, a section 527 political organization? that is difficult. presumably the level of political activities and expenditures needs to be less in the 501-c 4 area. let me suggest for you to go back in your opportunity with your fellow employees at the irs and mr. george you in your capacity as our inspector ....

Nonprofit Status , Supreme Court , Commissioner Miller , The Irs , Inspector General ,

Detailed text transcripts for TV channel - MSNBC - 20130514:01:23:00

Obama s blank check. hasn t your social welfare been improved by seeing that? nothing to do with the election, right? when president george w. bush was in office, those were called 527s. under president barack obama, the type on the right, those are called 501c4 organizations. there are some democratic leaning 501c4s, as well. they tend to look something like this. cheering on our colleges and their students, something we re all in favor of, but republicans want to take away that support. but president obama has a plan to help. it s a joke, right? it s a joke that these groups are not set up to be political actors, but tax law says that intervening in elections can t be most of what these groups are about. and it is an absolute farce. but that is the tax code and after citizens united cleared the way for unlimited donations, ....

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