Ron Paul's new ad: 'The one who can beat Obama'

Texas Congressman Ron Paul's latest television advertisement lumps his Republicans rivals together with Democrats and claims he is the only GOP presidential candidate that can defeat President Barack Obama in 2012.

The 1-minuted ad, called "The One," will air in Iowa and New Hampshire. A campaign spokesman said the ad cost at least six figures.

"It's the story of a lost city, lost opportunity, lost hope. A story of failed policies, failed leadership. A story of smooth talking politicians, games of 'he said, she said,' rhetoric and division," the ad says, while transposing images of Rick Perry, Mitt Romney and Michele Bachmann with Congressional Democrats and Obama.

"One man has stood apart," the ad continues. "Stood strong and true. Voting against every tax increase, every unbalanced budget, every time. Standing up to the Washington machine, guided by principle. Ron Paul: the one who will stop the spending, save the dollar, create jobs, bring peace, the one who will restore liberty. Ron Paul: the one who can beat Obama."

Paul came in second place in the influential Ames Straw Poll, with 4,671 votes, barely falling below Congresswoman Michele Bachmann's 4,823 votes.

In a previous ad from July, his campaign criticized Republicans from the 1980's to the present day for compromising with Democrats over the debt ceiling. Like the most recent ad, it was also modeled on a movie trailer and said that Paul was "standing up to the Washington machine."

Paul, a libertarian, has gained an enthusiastic following for his strong views on limited government, free market economics and non-interventionist foreign policy. In the 2008 Republican presidential primary, his views clearly made him an outlier, but -- thanks in part to the tea party movement -- many of his economic positions have now been adopted by mainstream Republicans.

Watch Ron Paul's "The One" TV ad below: