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New McCain Ad Targets Obama Alleged Freddie, Fannie Connections

Latest spot skewers the Democratic nominee, goes after Franklin Raines, who McCain claims is one of Obama's economic advisers -- based on a disputed WashPost account.

"Under Raines, Fannie Mae committed 'extensive financial fraud.' Raines made millions. Fannie Mae collapsed."

"Barack Obama. Bad advice. Bad instincts. Not ready to lead."

Watch it above. Read script here.

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