VIDEO: Rove’s American Crossroads running anti-Obama ads in swing states

American Crossroads Grassroots Policy Strategies, a 501(c)(4) group conceived by former Senior Bush Advisor Karl Rove and former RNC chair Ed Gillespie, is running ads this week criticizing President Obama’s handling of the economy in New Mexico and other swing states.

Obama won New Mexico by fifteen points in 2008 despite the fact that the 2000 and 2004 elections were decided by less than one point.

More from Josh Kraushaar of National Journal on the ad campaign:

The ad will be running on cable nationwide and also in key battleground states that Obama is focused on holding for his re-election. They include: including Colorado, Florida, Iowa, Missouri, North Carolina, New Mexico, Nevada, and Virginia. It will be running for two weeks.

The $20 million that the Rove-aligned group has committed to the ad campaign – well over one year before the presidential election – is a telling indicator of how much clout it will be wielding in the 2012 campaign. It raised about $70 million for the entire 2010 cycle on Senate and House races. In just one campaign, it’s spending a significant sum of that to attack President Obama at this early stage.

Here’s the ad:

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