Hulshof obliterates Steelman's record with single vote

Yesterday, September 29th, 2008, Kenny Hulshof, with a his "no" vote on the Emergency Economic Stabilization Act, obliterated the public record of State Treasurer Sarah Steelman.

Steelman, who challenged Hulshof for the GOP gubernatorial nomination, sits on the state's pension fund board.  There, she oversees nearly $8 billion of pension fund investments, much of that in the stock market.

No doubt yesterday's vote and the resulting stock market crash drove down state pension fund balances by hundreds of millions of dollars, obliterating any gains during her years in office and giving her little chance of erasing the red-ink before the end of her term.