Thats horse shit. For one thing most of the people that contribute to open source projects do it for non monetary reasons. As soon as you let in the corporate contributors code quality goes down. Look at how microsoft and redhat are destroying the linux kernel and the value of getting an exploit into that is nearly priceless. The cia had to literally position trannies to do hostile takeovers of open source projects so they could inject bugs into them. Obfuscation by definition is not security.
People are more likely to keep zero-days hidden in election software so that they can just exploit it and get their politician in office.
How can you keep a flaw hidden in plain site. Trust me election code would have every possible eye looking at it. Asymmetric encryption and all other encryption algorithms are open source and it keeps everything in the world secure.
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