McCain Ad Accuses Obama Of "Blind Ambition"

A new TV ad out this morning from John McCain's campaign raises Barack Obama's past association with Weather Underground member William Ayres in an argument about Obama's ambition and judgment. The ad will run nationally, according to the campaign.

"Obama's blind ambition," the ad begins. "When convenient, he worked with terrorist Bill Ayers. When discovered, he lied. Obama. Blind ambition. Bad judgment. Congressional liberals fought for risky sub-prime loans. Congressional liberals fought against more regulation. Then, the housing market collapsed costing you billions. In crisis, we need leadership, not bad judgment." Watch it: