Katie Couric fronts this CBS News look at Barack Obama’s fundraising activities in the general election, and points out a few uncomfortable truths. First CBS reports on the issues surrounding the small donors and the lack of accountability, and then they move onto some revealing special interests:
CBS missed the story on credit-card fraud at Team Obama, and they had an opening for this in the otherwise good reporting on the differences in transparency between Obama and McCain on small donors. However, they did a good job in reporting the fact that Obama likes to rail about Wall Street greed but uses bundlers right out of Goldman Sachs. The disparity in fundraising between McCain and Obama with these well-connected Wall Street firms is eye-opening.
It’s not bad, and the CBS report puts a dent in the mythology of Obama’s transparency.