Making something out of a pig in lipstick

The inanity of the campaign is getting hard to believe, perhaps rivaling the 1988 campaign's obsession with flags and whether Michael Dukakis looked goofy in a tank (he did). The big story on CNN yesterday and today (and they are not alone, but it's all I could bear to watch for more than a minute), as you no doubt know, is that the McCain campaign is demanding that Obama apologize for calling Sarah Palin a pig. They've gotten a web ad up, that also manages to take Katie Couric out of context to make it seem as if she is saying the Obama campaign has been sexist. Here's the video of the web ad (it was on YouTube but then removed and is now only on a donation page of the McCain-Palin website. I've downloaded it, because I would like to avoid steering traffic to fundraising pages (especially using manufactured issues):

Here it is