That the USOC is posturing. Nothing more.
"We're on very firm legal ground to mention the Olympics, to make a factual point in a political advertisement," said BC'04 spokesman Scott Stanzel... when the olympics is over the campaign will take the ad down, as scheduled.
You are absolutely correct; the USOC is posturing.
Anyone who believes the White House hasn't gotten the best legal advice available in the country is naive and uninformed.