You are absolutely right. That was Nixon's mistake. He invoked it over the Watergate matter which suggested that he was involved in it from the beginning and that he had authorized the break in.
Obviously the documents requested will point the smoking gun in Obama's direction.
The question of the hour is whether or not the Congress has the guts to do anything about this? I doubt it. Obama will get away with it. The MSM, instead of pushing the investigation as they did in Watergate, will join with Obama in his attempts to cover it up.
The shredders are working overtime as we type.
After watching the smarter Democrats today and their very tepid responses (for them) I'm convinced that Issa already has a smoking gun that has been leaked. Issa has the goods on Holder and Obama. And the Democrats know it.
Some people might think that Obama is doing a rope-a-dope here. That he is playing around in an election year. That he is asserting executive priviledge then he will revoke the assertion and nothing will be found that attaches Obama to F&F. But Obama has proved time and again he is not very bright. That plus his inexperience and want to not follow the law have finally caught up with him.
Obama is ripe for a take down. The interesting thing is that he might be taken down by his own. Obama is crashing so fast that the Democrats may help his downfall. He is becoming a big liability.
The Democrats look worried to me. And they should be.