NRSC ad assumes Obama win

The underlying premise of this new ad from the National Republican Senatorial Committee: Obama's going to win.

The ad, on behalf of Senator Elizabeth Dole, urges a vote against challenger Kay Hagan as the last bulwark against complete Democratic control:

"These liberals want complete control of government in a time of crisis," says the narrator. "All branches of Government. No checks and balances, no debate, no independence."

"If [Hagan] wins, they get a blank check."

UPDATE: The NRSC's John Randall strongly disagrees with my interpretation of the spot.

"We are not conceding an Obama victory. Rather, we are highlighting what could be if a fiscally irresponsible liberal like Kay Hagan is elected to the Senate, especially if that is coupled with a Barack Obama Presidency," he emails.