A new right-wing interest group is spending millions to smear Presidential Candidate Barack Obama. RightChange.com, calls itself a "nonpartisan organization dedicated to helping Americans see through the haze of politicians' spin." But the organization is creating spin, rather than clarifying it.

The group just released an anti-Obama ad and plans to spend $1.5 million on cable networks including Fox and CNN.

RightChange.com markets itself as a group that "will provide a clear view of economic policy issues" but the Associated Press debunks the groups most recent attacks on Obama:

"The group's criticisms of Obama's proposals are based largely on a July 29 Wall Street Journal op-ed piece by Michael Boskin, chairman of the Council of Economic Advisers under President George H.W. Bush. The column included some faulty assumptions about Obama's proposals. For example, it said Obama might place a new tax of up to 12.4 percent on earnings now exempt from the Social Security payroll tax. Obama has said his new tax would not exceed 4 percent, and it would apply only to annual incomes above $250,000."

NPR agrees that Rightchange.com's claims are bogus:

"The Web site cites the nonpartisan source FactCheck.org to attest to Obama's "willingness to raise taxes" -- which might be amusing to FactCheck, since the cite is taken out of context from a report on how McCain distorts Obama's positions. Other FactCheck.org reports contradict some RightChange.com assertions."

Fred Eshelman, a pharmaceutical executive, is the primary backer of Rightchange.com. He served as Senior Vice President for former Glaxo, was recently appointed to the management board of Anton Pharma, and founded his own consulting firm, Pharmaceutical Product Development. He is a max-out donor to McCain, and has contributed more than $200,000 to Republicans since 2002.