Ron Paul has released a scathing new video targeting current Republican front-runner Newt Gingrich where he calls out his rival for his less-than-consistent record since leaving congress and feistily accuses him of serial hypocrisy.

The two-and-a-half-minute Web-only advertisement, literally titled Newt Gingrich: Serial Hypocrisy features gritty black-and-white footage of Gingrich accompanied by an epic musical score and a string of clips from the news media pointing out inconsistencies in his policy positions in the years since he left political office.

The ad emphasizes how Gingrich's actions are completely off-message with conservatives, featuring a clip of a commercial he made with House Minority Leader Nancy Pelosi, D-Calif., where he agrees that our nation must take action to address climate change and calling out Rep. Paul Ryan's, R-Wisc., Medicare overhaul plan as right-wing social engineering.

Gingrich's profitable consulting work on behalf of Freddie Mac and healthcare companies is acknowledged as proof of the candidate's hard-core lobbying -- featuring a Washington Post story that reveals Gingrich received about $37 million from the healthcare industry for his consulting. The attack on Gingrich's honor culminates with a clip of a GOP voter telling Gingrich he is an embarrassment to the party.

In a statement, Jesse Benton, Paul's national chairman, said the new video with be distributed to an e-mail list of conservative voters as well as conservative Web site.

Our campaign is making a bold move to debunk the myth that the Newt we are seeing on the 2012 campaign trail is the conservative he has been touted to be all along.''

A point the Paul ad eloquently makes at the end of the video, which settles on a photo of Gingrich accompanied by a voiceover of him saying, It's wrong to go around and adopt radically different positions, because then people have to ask themselves, 'What will you tell me next time?

R.C. Hamond, the Gingrich campaign spokesman, responded to Paul's charges late Wednesday night by touting Gingrich's clout in the Republican Party.

No candidate in the race has achieved more conservative reform of government or spent more time and energy championing the cause of the conservative movement than Newt Gingrich, which is why voters across the country are choosing Newt over Mitt Romney, he said.