With the launching of his exploratory committee, Senator Barack Obama took the first step towards the White House. CBS News assessed his chances with some very insightful analysis:
To a much greater extent than the other announced and prospective candidates for the party’s nomination, that depends on the immediate response of grassroots Democrats to his prospective candidacy…
By establishing the exploratory committee, he will be able to raise money to hire staff and build a basic campaign infrastructure in advance of the expected formal announcement in February. He’ll need it. Clinton and another contender, former North Carolina Sen. John Edwards, are far ahead of Obama when it comes to putting together the multi-state campaign apparatus that is needed in a fast-paced presidential campaign.
Can Obama catch up? Yes, but only if the grassroots Democrats who have been so enthusiastic about the prospect of his candidacy now turn that enthusiasm into practical commitments in states such as Iowa, where the first caucuses will be held a year from this week, Nevada, New Hampshire and South Carolina. That transition will have something to do with Obama’s star power, of course, but it will have much more to do with how he defines himself.
Obama is undeniably the hottest political star at the moment, stealing the spotlight from a newly elected Congress and other possible horses for the 2008 race. But this article touched upon a good point: flash is, in the end, just flash. To borrow a fundamental physics lesson, Obama must turn the potential energy of his star-power into kinetic, working energy, manifested through grassroots organizing.

