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Obama's Oil Spill
March 31, 2008
Obama says he doesn't take money from oil companies. We say that's a little too slick.
Summary
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.
We find the statement misleading:
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.
Analysis
Sen. Barack Obama's ad began running late last week in Pennsylvania and Indiana. In it, Obama talks about the United States' reliance on foreign oil and the need for energy independence and alternative fuels.
They also want ice water in Hell, but neither is going to happen.
