In latest 30-second Iowa TV spot, Texan again calls Gingrich a “serial hypocrite” and paints Romney as a “flip flopper” while targeting K Street.

Announcer: “The Washington Machine is strangling our economy.”

Read the script below.

ANNOUNCER: The Washington Machine is strangling our economy. Politicians who supported bailouts and mandates, serial hypocrites and flip floppers can’t clean up the mess. One man stands alone. A real plan to cut a $1 trillion year one, balance the budget in three. Consistent, incorruptible, guided by faith and principle. Ron Paul, the one we’ve been looking for.