GOP Rep Thomas Davis III: Bush "Has Killed The Republican Brand"

While all eyes were on the presidential campaign and the demise of New York Gov. Eliot L. Spitzer (D) last week, Republicans on Capitol Hill were suffering a run of bad news that could hold dire implications for the campaign season.

It started with the loss last weekend of the seat held for two decades by former House speaker J. Dennis Hastert (R-Ill.). It got worse when Republicans lost potentially strong challengers to Democratic senators in South Dakota and New Jersey, and failed to field anyone to oppose the reelection bid of Sen. Mark Pryor (D-Ark.).

The latest blow came with the revelation that the former treasurer of the National Republican Congressional Committee (NRCC) had allegedly diverted hundreds of thousands of dollars -- and possibly as much as $1 million -- from the organization's depleted coffers to his own bank accounts.

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