From 1970 and their Todd Rundgren produced debut album, it's the (one assumes ironically monikered) Philadelphia band The American Dream and the quite strikingly Moby Grape-esque "Raspberries."
The LP this is from is not bad, overall -- love that three guitar attack -- and it's obviously historically interesting as Todd's first full-length production for somebody other than himself. Actually, you can hear a bit of a Nazz influence in the above song, now that I think of it.
More interestingly, the blond guy standing at the top of the picture -- bass player Nick Jameson -- went on to join, and produce several albums for, Foghat. Even more interestingly, he's also had a very successful career as an actor; you could have knocked me over with a feather when I learned that the treacherous Russian premier on the 2010 season of 24 (that's him on the right, next to President Cherry Jones) was the same guy who played bass on "Fool for the City."
I mean, talk about rockin' in the Free World.