Obama’s latest ad, “Original,” is an assembly of every tired negative-ad cliché. With grainy black and white footage, McCain with Bush, etc., the ad hits McCain for offering “tax cuts for millionaires” and “billions in new oil company giveaways.”

Hey, you know who else gets a “new giveaway” under McCain’s plan? Companies that develop solar power, wind power, geothermal power, alternative fuels. And companies that make computers, and books, and baby rattles. Because McCain’s plan is to reduce the corporate tax rate. That means every company gets a break, not just “oil companies” as Obama’s ad states.

You might as well poll to see which corporation is the least popular in America, and then attack McCain for offering a tax cut to them, too.

Ed notes the ad states, “And for tax breaks for companies that ship jobs overseas,” when the whole point of lowering the corporate tax rate is to make America a more attractive place to do business, and keep jobs here.

I would also note that the clip they use of McCain citing a “recent study” that shows he votes with the President’s view “about 90 percent of the time” comes from May 2003. That recent study isn’t so recent anymore. They couldn’t find any fresher clip of McCain emphasizing his closeness to Bush?

UPDATE: A reader points out that if that study is still “recent” by the clock of the Obama campaign, then their guy was recently just a state legislator.