Wondering about the factual accuracy of political TV ads, debates and interviews or are you looking for a light-hearted approach to your presidential race coverage? Then you may be interested in the following two websites.
FactCheck.org
Monitors factual accuracy of what is said by major US political players in the form of TV ads, debates, speeches, interviews, and news releases.
PolitiFact.com
Offers the latest election coverage, published by the Congressional Quarterly and the St. Petersberg Times. The website provides a light-hearted approach to reporting on the presidential race with sections like Truth-O-Meter, Flip-O-Meter, Attack File and Our Rulings.

*Wordclouds taken from the 2nd Presidential Debate (1st cloud taken from Obama, 2nd cloud taken from McCain). Anonymous creator using Wordle. You can make your own wordclouds at www.wordle.net