And if Reid has squat proof against Romney, it will make the Democrats look childish.
Use your head - this is not some first time Senator...this is the Democrat leader in the Senate.
If it turns out he was lying - it definitely damages their credibility...at least in the short term.
Reid should of used an aid to leak it to the media...not come out and said it himself, especially if his 'source' has squat or never existed.
Remember, there is zero factual evidence (so far) that Romney has done anything wrong.
But now there is mounting evidence that one of the most important Democratic politicians is at best, a gossip.
At worst, a liar.
If Reid turns out to have nothing substantial on Romney - this will (imo) hurt the Dems way more then Romney.