valeo they looked at these issues and they found for the reasons that i described that disclosure not just contribution that independent expenditures was in the public interest. again why? because voters have a public interest in knowing who was spending millions of dollars to try to influence their vote because transparency provides for the anticorruption safeguard and as i said because it also allows greater ability to enforce other parts of campaign finance law like our law prohibiting foreigners and foreign corporations from spending money in u.s. elections. by the way a foreign election can contribute to a 501(c)4 so disclosure helps us in force that. right now how do you know whether the 501(c)4 is not using the foreign corporations for political purposes? again that's one of the three main reasons courts have talked about in disclosure in citizens united for eight of the nine supreme court justices also talk more broadly about disclosure way beyond contributions to political campaigns. they are very clear on that point. crystal clear and in fact i quoted a section where they al

out toward valeo. 81, oakland. 90 degrees. look at the accu-weather. the seven-day forecast. the temperatures will peak on thursday. mid nays inland. the coastal spots,er in a 80 degrees and then cooling it down for friday. everyone notices the drop with the sea breeze and the clouds coming back for the weekend. >> a lot to talk about. >> they are up three games to none. what could go wrong? >> a game seven with the l.a. kings and there is a little bit of frustration here. >>> only three teams in nhl history have come back from a 3-0 deficit to win the series. the sharks are trying to make sure the kings don't become the fourth team to do so. they failed to clinch in game six. in l.a., alex got the starting goal on antti niemi. sharks down 1-0. deflected by james shepherd and it is a 1-1. the wheels come off in the third. he doesn't know where it is. williams pokes away. slides right through his head. into the net. 2-1 kings. then anze kopitar in back to back goals. 4-1 l.a. the frustration leads to joe thornton. goalie jonathan quick, you can, jump on my guy. the sharks lose

out toward valeo. 81, oakland. 90 degrees. look at the accu-weather. the seven-day forecast. the temperatures will peak on thursday. mid nays inland. the coastal spots,er in a 80 degrees and then cooling it down for friday. everyone notices the drop with the sea breeze and the clouds coming back for the weekend. >> a lot to talk about. >> they are up three games to none. what could go wrong? >> a game seven with the l.a. kings and there is a little bit of frustration here. staand the speed readingsng incrare off the chart!appiness. paradise found! luscious locks! great glittering galaxies. the happiest place on earth keeps getting happier! save up to 20% on rooms at a disneyland resort hotel on select nights. there's no end in sight! i'm going to need more time. >>> only three teams in nhl history have come back from a 3-0 deficit to win the series. the sharks are trying to make sure the kings don't become the fourth team to do so. they failed to clinch in game six. in l.a., alex got the starting goal on antti niemi. sharks down 1-0. deflected by james shepherd and it is a 1-

out toward valeo. 81, oakland. 90 degrees. look at the accu-weather. the seven-day forecast.emperatures will peak on thursday. mid nays inland. the coastal spots,er in a 80 degrees and then cooling it down for friday. everyone notices the drop with the sea breeze and the clouds coming back for the weekend. >> a lot to talk about. >> they are up three games to none. what could go wrong? >> a game seven with the l.a. kings and there is a little bit of frustration here. he gets a ready for you alert the second his room is ready. books at lad books at laquinta.com, so he knows exactly when he can prep for his presentation. and when steve is perfectly prepped, ya know what he brings? and that's how you'll increase market share. any questions? can i get an "a", steve? yes! three a's! amazing sales! he brings his a-game! la quinta inns and suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! la quinta! >>> only three teams in nhl history have come back from a 3-0 deficit to win the series. the sharks are trying to make sure the kin

there was some sail boats that had been in a race or something coming from valeo this way and pretty much right underneath it and they were on scene pretty quickly. >> now, the organizers of the show in half moon bay released a statement saying in part, "everyone associated with the pacific coast dream machines show is terribly saddened and we hope and pray the missing plane and survivers are found." they are looking for that one pilot of the cessna. so far we are told they have found some debris, but no signs of the person. christie smith, "today in the bay." >> that rescue continues to get bigger and bigger, we'll check back in with you. thank you. >>> also happening now at 4:34, an amber alert for a 3-year-old girl who was abducted from fresno county. she was taken just before 8:00 last night. it's unclear if she was familiar with the man who took her, where she was taken from. she was last seen wearing a blue shirt with flowers, blue jean shorts and white sandals. >>> the woman accused of killing her infant son is due in court this week. 23-year-old ashley newton is still in sant

law, the regulation after watergate is challenged in court, the case is noted buckley versus valeo andhe opinion in 1976 in that case, the supreme court decision says that, yes, it is ok, you can put limits on contributions me the donor giving to the candidate. you can put this overall limit like this aggregate limit like in mccutcheon, the court said there is a real interest in protecting against corruption and the appearance of corruption. the kind of corruption was on the watergate scandal in many instances before that. that is sort of the bed rock of the system we have now. and what we have seen since 1976, practically, is a systematic effort by conservatives and libertarians to demolish that bedrock. >> andy kroll, how this will affect the states individually? >> there are a dozen states that have similar overall limits on the books. and those limits are about to be destroyed. it is just a matter of time before the attorney general in the election administrators says coppa well, our limits are constitutional, too. ins decision will resonate congress and elsewhere. >> andy kroll, t

valeo, and i guess the court thought something could happen like the following -- candidate smith, we can only give him $2600, but he has a lot of supporters. and each of them, 40 of them gets a brainstorm. and each of the 40 puts on the internet a little sign that says, sam smith pac. this money goes to people like sam smith. great people. now, we can give each of those 40 $5,000. they aren't coordinated, they're not established by a single person. each is independently run. and we know pretty well that that total of $5,000 times 40 will go to sam smith. okay? what does that violate? >> well, there's a couple problems with that hypothetical, your honor. first of all, there are base limits both on what can be given to a pac -- >> $5,000. >> and on what a pac can give to a candidate. >> $5,000. so we all we have is my $5,000 going to the pac and there happened to be 400 pacs. so 5,000 times -- 4,000. five times 40, five times 400, how much is that? i'm not too good at math. [laughter] >> without doing the math, i will tell you that earmarking and proliferation restrictions -- >> no, no

valeo, that giving money to candidates is a speech activity and is entitled to a wide variety of protections. it's then up to congress to make the rules to mitigate against that. so like the thing justice briar described, congress could pass a law prohibiting the campaigns from giving money to each other. steve, do you see legislative action that's likely to come in response to this trying to restore some sort of limits on campaigns? >> that was the republicans in charge of the house i think joining this lawsuit. but i think it raises the interesting question, too, clarence thomas -- >> he wanted to go further. >> right. he was saying not only did they say that money is speech and politics, they upheld limits. do away with those limits altogether. >> i'm afraid that's where things are headed. as you and all up against the clock fans know, this saturday it is championship saturday. >> go, krystal! >> i, krystal ball, will go up against kate and alex. i am favored, of course. >> going down! >> and steve the man. that's because of my training regimen caught on tape by krystal watchers. >> isn't

valeo, and i guess the court thought something could happen like the following -- candidate smith, we can only give him $2600, but he has a lot of supporters. and each of them, 40 of them gets a brainstorm. and each of the 40 puts on the internet a little sign that says, sam smith pac. this money goes to people like sam smith. great people. now, we can give each of those 40 $5,000. they aren't coordinated, they're not established by a single person. each is independently run. and we know pretty well that that total of $5,000 times 40 will go to sam smith. okay? what does that violate? >> well, there's a couple problems with that hypothetical, your honor. first of all, there are base limits both on what can be given to a pac -- >> $5,000. >> and on what a pac can give to a candidate. >> $5,000. so we all have is my $5,000 going to the pac and there happened to be 400 pacs. so 5,000 times -- 4,000. five times 40, five times 400, how much is that? i'm not too good at math. [laughter] >> without doing the math, i will tell you that earmarking and proliferation restrictions -- >> no, no. t

the pendulum has swung back and forth since a seminal supreme court ruling in 1976 called buckley v valeor the contours of the government's ability to regulate money in politics with the purpose of preventing corruption from occurring in the halls of congress. freedomfirst amendment of people to participate in the political process, which necessarily implicates the use of money to buy communication and to buy advertising and to mitigate with the public about political ideas and about electoral preferences. in the last five years, the supreme court has begun to read first amendment rights more expensively, and to restrict the government regulate money in politics. just this month, the supreme decision, yet another once again expanded first amendment rights and restricted the government's ability to regulate once again indicates called mccutcheon v. federal election commission. host: and to review what that is, it had to do with aggregate limits, explained in a nutshell what that is. guest: yes, prior to the mccutcheon decision, the federal law imposed on every individual, an aggregate limi