clearing clipboard contents from everything except <a href="*">*</a> on paste

contenteditable

                elm.bind('paste', function(e) {
                    //console.log(e);
                    e.preventDefault();
                    var text = (e.originalEvent || e).clipboardData.getData("text/html");
                    if (!text){
                        console.log('no html');
                        text = (e.originalEvent || e).clipboardData.getData("text/plain");
                    }
                    var temp = $('<div />');
                    $(temp).html(text);
                    $(temp).find('*').each(function(index, element){
                        var text = element.innerText;
                        var newElement;

                        if (element.nodeName.toLowerCase() === 'a') {
                            newElement = document.createElement('a');
                            newElement.href = element.href;
                            newElement.innerText = text;
                        } else {
                            newElement = document.createTextNode(text);
                        }

                        $(element).replaceWith(newElement);
                    });
                    document.execCommand("insertHTML", false, temp.html());
                    $scope.pasted = true;
                });