He won in Iowa and lost in New Hampshire, but what does Obama’s candidacy tell us about the politics of race in America?

He won in Iowa and lost in New Hampshire, but what does Obama's candidacy tell us about the politics of race in America? Bill Moyers talks with Shelby Steele, who has written widely on race in American society and is author of the recent book A Bound Man: Why We Are Excited About Obama and Why He Can't Win . And leading expert on media and politics Kathleen Hall Jamieson sorts spin from reality after the primary.