'This Week' Transcript: Obama Adviser David Axelrod and Sens. Jim DeMint and Robert Menendez

MORAN: All right, Senator DeMint, quickly, are you on board for trying to limit the impact of this Supreme Court decision?

DEMINT: We can't promote freedom and democracy by repressing free speech. That's not the way to do it. I think people should be able to come together in associations and organizations and spend money to get their message out. I think that's going to promote the democratic process, instead of really what we've got now, is where you essentially give the labor unions carte blanche over our system, grassroots as well as spending.

I think this will give businesses a chance to participate in the process as well as associations.

MORAN: OK.

DEMINT: So I think free speech needs to come first.

MORAN: OK. And, finally, are you in favor of foreign corporations being able to participate in American elections through this decision?

DEMINT: I don't believe that -- right now, foreigners cannot give to the political process. And I hope, as this thing is sorted out, that we'll make sure that this is an American focus, so we'll have to sort all that out. I hadn't read all the details of the court's decision.

MENENDEZ: The problem is, a corporation is a corporation is a corporation. And a foreign corporation is going to be able to spend their monies in determining who is elected to the United States Congress. That's not good for the average citizen.

MORAN: It -- it is a tough problem going ahead. Senator Robert Menendez of New Jersey, Senator Jim DeMint of South Carolina, thanks very much for joining us this morning.

MENENDEZ: Thank you.

DEMINT: Thank you, Terry.

MORAN: Well, stay with us. There's a lot of politics to talk about on our roundtable with George Will, Cokie Roberts, Sam Donaldson, and Matthew Dowd. And later, the Sunday funnies.

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LENO: ... January 21st, or as John Edwards calls it, Father's Day.

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J. EDWARDS: The story's false. It's completely untrue. I've been in love with the same woman for 30-plus years, as anybody who's been around us knows.

I don't respond to these lies.

I would welcome participating in a paternity test, be happy to participate in one. I know that it's not possible that this child could be mine.

E. EDWARDS: I've seen a picture of the baby. I have no idea. It doesn't look like my children.

YOUNG: ... get a doctor to fake the DNA results. And he asked -- he asked me and Sherry (ph) to steal a diaper from the baby so that -- that he could secretly do a DNA test to find out if it was, indeed -- indeed, his child.

(END VIDEO CLIP)

MORAN: That is just painful to watch. That's the John Edwards saga. That broke again this week. We'll talk about that and the remarkable week in politics. Our roundtable, George Will, political strategist Matt Dowd, Sam Donaldson, and Cokie Roberts.

Welcome to you all. Let's begin with Massachusetts. That is the special election heard around the world, right, George?

WILL: It was. The second-most-bizarre interpretation of it was that Scott Brown's pickup truck was coded racism. Southerners drive trucks, and all Southerners are racist, some thing like that.

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