Obama releases radio ad with Colin Powell endorsement

With the fight for the White House in its final round, President Barack Obama's campaign released a new radio ad Wednesday highlighting former Secretary of State Colin Powell's full-throated endorsement of the incumbent's re-election.

The 60-second commercial will run in Florida, Wisconsin, North Carolina, Virginia, New Hampshire, Ohio, Iowa, Nevada and Colorado, according to the campaign. It samples heavily from Powell's arguments in a CBS interview last week for giving Obama another four years in the White House.

"He served America as a four-star general, as secretary of state. Here's Republican Colin Powell," the narrator intones at the beginning of the ad.

In the sampled bits of the interview, Powell highlights the economic crisis Obama inherited, his "stabilization" of the financial sector, and recent upbeat news from the housing sector and rising consumer confidence.

Powell also cites the president's withdrawal from Iraq (a policy he also essentially inherited), his planned pullout from Afghanistan and "very, very solid" actions to combat terrorism.