When I said earlier that the country was buzzing over the Hagan v. Dole senate race I wasn't kidding. The latest article posted online earlier today in Forbes is a stunner.
FAYETTEVILLE, N.C. - North Carolina Sen. Elizabeth Dole said she wants to use her seat on the Senate committee that oversees the nation's banking industry to examine the causes and implications of turmoil in U.S. financial markets.
But her Democratic rival, Kay Hagan, countered with her own assessment: the problem lies in the policies pushed by Dole and fellow Republicans.
She's had that seat since 2003. What the hell has she been waiting for? Didn't Dole say she chose her committees based on what was best for North Carolina? If that's the case, why hasn't she taken action prior to our economic collapse? We have banks and insurance companies failing, stocks tumbling and the hopes and dreams of many Americans lost in the rubble.
What did Elizabeth Dole do the past six years on these committees as those giants in the financial industry just kept getting bigger? Apparently, she and her fellow Republicans did nothing.
"This is what a Republican-run, special interest-based economy looks like," Hagan said in a statement. "Oversight and accountability were shelved for padded profits and inflated investments. The Bush-Dole team ignored the warning signs as the housing bubble grew, refusing to establish even basic rules of the road for big financial players."
Dole's spokesperson, Dan McLagan has something to say about Hagan requiring Dole to take responsibility for her failures. It went something like this, "Waaaaaaaah."