But the real reason for Obama’s extraordinary freakout is that he fears the release of the videotape, reported here, of Michelle Obama in the pulpit of Rev. Jeremiah Wright’s church railing against “whitey.” And we don’t mean Whitey Ford. Four Republican sources have told me that the tape exists. I’ve also been informed that Karl Rove and his allies have a copy of it and are using it to raise funds for independent expenditure groups. The tape, I’m told, will be disclosed as the GOP October Surprise. It’s a ticking time bomb. And I’ve learned that a right-wing Republican billionaire...