In light of a new raft of abysmal polling data for President Obama, Martin Bashir this afternoon brought on Democratic National Convention committee CEO Steve Kerrigan to rally rank-and-file Democrats at home watching MSNBC.
At one point, Kerrigan insisted that "at the president's direction, we're the first and only convention in history to eliminate corporate money, lobbyists' money, PAC money, and special interest money from funding this convention."
"It's going to be funded by the grassroots of America and by the people," Kerrigan added.
While that's a cute talking point for the Democrats, it's not exactly accurate. As the Charlotte Observer reported today, there's a huge loophole to the ban on corporate and special interest money (emphasis mine):