Detailed text transcripts for TV channel - MSNBC - 20120508:23:38:00
>> they're defining what they're doing by the sec rules. they have these hair-splitting rules about what's a political ad and what isn't. by the sec rules, you absolutely have to use one of the magic words, elect or vote or don't elect -- >> you mean jumping all over a candidate isn't opposing them? >> if you call them and say, tell them to stop eating live puppies, or tell them to stop supporting obamacare, the sec rules are not considered an ad. >> what about the irs, aren't they tougher? >> the irs has a more commons sense approach and looks at it with what they call facts and circumstances...