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  Obama's Oil Spill; Obama says he doesn't take money from oil companies. Factcheck.org says that's a little too slick.
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ContributorBrandonius Maximus 
Last EditedBrandonius Maximus  Apr 01, 2008 02:15pm
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MediaMagazine - Newsweek
News DateTuesday, April 1, 2008 08:00:00 PM UTC0:0
DescriptionSummary

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.
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