Holy fucking shit. This is the most brutal attack ad I've seen in a long, long time. It minces the hell out of Romney's offshore fortunes and his record as a jobs exporter (in the private and public sectors). And it makes fun of Romney's singing voice, turning his version of "America, the Beautiful" into a symbol of his warped view of patriotism:

The Obama campaign is clearly trying to smash Romney to pieces before the Olympics, in the hopes that he won't be able to recover from the damage to his brand once the general election really starts heating up. This is just an incredible, devastating attack ad. I don't know if it's going to turn any hearts and minds to Obama*, but it's going to sure as hell send the Romney campaign reeling. And the Obama campaign likes it when the Romney campaign is reeling.

* I don't think it's going to turn any hearts and minds from Obama, though. Sometimes, attack ads make the candidate who approved them look bad, but I don't think that's the case here. It's not a slime on Romney's character. It stays within the generally accepted bounds of fair subject matter for discussion. It's just a really, really fucking good ad. Whoever made this one should get a raise.