Team McCain has decided to open another line of attack, this time in a new web ad titled “ACORN”. At 90 seconds, it won’t get any TV air time, at least not in its present form, but could signal a new attack strategy to tie Barack Obama even more closely to the present financial collapse:

ANNCR: Who is Barack Obama? A man with “a political baptism performed at warp speed.” Vast ambition.

After college, he moved to Chicago. Became a community organizer. There, Obama met Madeleine Talbot, part of the Chicago branch of ACORN. He was so impressive that he was asked to train the ACORN staff.

What did ACORN in Chicago engage in? Bullying banks. Intimidation tactics. Disruption of business. ACORN forced banks to issue risky home loans. The same types of loans that caused the financial crisis we’re in today.

No wonder Obama’s campaign is trying to distance him from the group, saying, “Barack Obama Never Organized with ACORN.” But Obama’s ties to ACORN run long and deep. He taught classes for ACORN. They even endorsed him for President.

But now ACORN is in trouble.

REPORTER: There are at least 11 investigations across the country involving thousands of potentially fraudulent ACORN forms.

ANNCR: Massive voter fraud. And the Obama campaign paid more than $800,000 to an ACORN front for get out the vote efforts.

Pressuring banks to issue risky loans. Nationwide voter fraud.

Barack Obama. Bad judgment. Blind ambition. Too risky for America.

This makes a good ad for the web, but Team McCain had better start figuring out how to get this into 30-second slices. They need to get this story out to American voters quickly if they expect to see a pushback on Obama’s momentum.