Fact Check.org: McCain/RNC Ethics Ad Off the Mark.

An ad released jointly by the McCain-Palin campaign and the RNC claims Obama “rewards his friends with your tax dollars” and calls his actions “unethical.” Some of what the ad says is false or misleading. Here are the facts: The ad claims that Obama supporter and Chicago real estate developer Allison Davis received $20 million in taxpayer money. That’s false. Davis didn’t get this money. Instead, the federal grant went to the Chicago Housing Authority, replacing money it had already put forward for a mixed-income housing project on which Davis was a developer. The grant didn’t go to Davis, nor did it help him pocket any additional funds. The ad says Obama gave Tony Rezko $14 million of taxpayer money. That’s misleading.” [FactCheck.org, 10/27/08: http://www.factcheck.org/elections-2008/unethical.html]