North Carolina Could Be A Whole Lot Finer

Also from Right Democrat:

This is what the campaign for North Carolina’s U.S. Senate seat is about; North Carolina families deserve better than what they’ve gotten.

Reuters today reported that the U.S. economy shrank in the third quarter, the sharpest contraction in seven years, resulting in large part from increased consumer and business concerns about the economy. At the same time, Exxon Mobil reported another record-breaking quarter, topping out at $14.83 billion, exceeding their previous record by more than $3 billion.

“This is exactly why we need new leadership in Washington,” said state Senator and U.S. Senate Candidate Kay Hagan (D-Guilford). “On one hand, you have consumers and small businesses cutting spending and investment because they just witnessed Congress take the unprecedented step of bailing out Wall Street, and their concerns about the economy are more than merited. But on the other hand you have special interests like Big Oil and Gas raking in outrageous profits, breaking quarterly records, and benefitting from record gas prices over the summer because people like Elizabeth Dole have continued to allow them to write our country’s energy policy, regardless of what it means for working families here in North Carolina.”

Reuters’ report also showed that disposable personal income dropped by 8.7%, the steepest decline since these records started being kept in 1947. Exxon Mobil’s net income totaled $1,865.69 per second during the three months of July, August and September.

“This is what the Bush-Dole economy looks like where special interests come before North Carolinians,” said Kay. “In this economy, we need someone who advocates for us every day, every week, every month and every year. Elizabeth Dole’s record voting with President Bush 92 percent of time shows she doesn’t understand this. I do. While Elizabeth Dole is continuing to do everything in her power to avoid talking about the issues, North Carolinians are making up their minds that they can’t afford that kind of representation any longer.”