In a new ad, Obama says, “I don’t take money from oil companies.”Technically, that’s true, since a law that has been on the books for more than a century prohibits corporations from giving money directly to any federal candidate. But that doesn’t distinguish Obama from his rivals in the race.
The statement is misleading, to say the least:
Obama has accepted more than $213,000 from individuals who work for companies in the oil and gas industry and their spouses.
Two of Obama’s bundlers are top executives at oil companies and are listed on his Web site as raising between $50,000 and $100,000 for the presidential hopeful.