10/17/2008 05:12 am ET | Updated May 25, 2011

Obama Ad Goes After McCain For 'Fundamentals Are Strong'

The Obama camp, sensing blood, released a new ad this morning taking John McCain to task for calling the fundamentals of the economy "strong" in the midst of a financial sector crisis.

Titled, "Fundamentals," the spot runs through some of the more alarming headlines of recent days: "Lehman Brothers Collapses," "Markets In Turmoil," "Job Losses at 605,000 For The Year," and "Foreclosures at 9,800 A Day," before getting to McCain's line and repeating it three times. The ad ends with the knife: "How can John McCain fix our economy if he doesn't understand it's broken?"

Coming off the back-and-forth between McCain and Obama yesterday, it seems clear that the campaigns will again focus on economy today. Certainly, the spot reflects a more populist tone that Obama is seeking to strike.

The ad, the campaign says, will air in "key states," but these things have become the equivalent of daily video press releases.