Colin Powell stars in new Obama ad

In an effort to maximize the benefit of Colin Powell's recent endorsement, the Obama campaign is out with a new radio ad today touting the Republican former Secretary of State's support for the president, highlighting remarks he made in a recent interview with CBS News' Charlie Rose.

The minute-long ad, which according to the campaign will air in Florida, Wisconsin, North Carolina, Virginia, New Hampshire, Ohio, Iowa, Nevada, and Colorado, replays a clip of Powell's October 25 endorsement, which he announced on "CBS This Morning."

"When he took over, the country was in very, very difficult straits, we were in one of the worst recessions we had seen in recent times, close to a depression," Powell says, before citing his belief in the president's achievements on the economy, the auto industry, the housing market, and foreign policy. "I think we ought to keep on the track that we're on."

Powell, a well-liked and moderate Republican, also endorsed Mr. Obama in 2008.