Well, that shouldn't be a surprise, should it?
The campaign is run by a lobbyist (on a break from his major work of milking inside connections for his clients) who mentored the late Lee Atwater (who mentored Karl Rove) and has a whole slate of sleazy spokespeople so there's hardly any surprise there.
Carly Fiorina (former HP chief) is caught in a whopper and Washington Post analysis "McCain Camp Distorts Obama's Tax Policies, Exaggerates Their Adverse Impact" exposes other fallacies in the rhetoric of the senator's crew.
And, yes, the Pinnocchio rating is explained at the bottom.
Google groups copy of article is here .