high standard set by political master scalp carl rove-- karl rove whose american cross owed superpa superpac-- for carl forti operates black rock consultant who make ads for the mitt romney campaign. yes, one hand washes the other but they do it in separate bathrooms. and here's how we at the report keep it straight. now to make sure we don't inadvertently coordinate, we've actually split the staff into red team and blue team. red team, superpac. blue team, exploratory committee. now the blue team wears red shirts that say blue team in yellow while the red team wears blue shirts that say red team in green, okay. i have consulted a paralegal and i have been told that all of this is paralegal. (laughter) now jay, the intern, why don't you just run-- grab me a cup of coffee o buddy. >> sorry, stephen, i'm red team, i can't coordinate with you. >> stephen: good man, jay, stay vigilant no coordination. okay, now seriously g get me that coffee. okay, thanks. he is totally going to jail. we'll be right back. good job, everybody. (cheers and applause) >> thank you so much. welcome back, everybody, t

host: we are talking about superpacs and the recent edition of time magazine has warren buffett. what is a superpa crmp so we define those? >> my six-year-old is excited because it has super before pac. they are political action committees and had political action committees in the united states and a group of people who get together to raise money and influence elections. in 2010 there were a couple of supreme court decisions that changed the rules of campaign finance and allowed for the foundation. technical term -- host: beefed-up pac? guest: pacs weren't used to do. in the past, ever since the late 1970's, the supreme court ruled in a landmark case that spending unlimited sources of money to influence elections, especially right before elections could be regulated by congress and what that meant was, if you wanted to buy an ad before an election to say elect so and so, you had to raise money in small increments and that was $5,000. the rules changed in 2010. and you can raise money in unlimited amounts. as we have seen in south carolina and through the republican primaries, very wealthy people