Rep. Frank Loans $200,000 to His Own Campaign

Saturday, 23 Oct 2010 07:31 PM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Democratic Rep. Barney Frank has loaned his own re-election campaign $200,000, saying he needs to defend himself against “outside attacks.” Frank, who is trying to return to the House for a 16th term, was instrumental in orchestrating the passage of President barney,frank,campaign,loan,sean,bielatBarack Obama's financial reform legislation earlier this year. According to the Wall Street Journal, Frank defended his loan by issuing this statement:

“I am lending these funds to my campaign in order to defend against outside attacks from organizations which take advantage of loopholes in campaign finance law. I do not intend to be ambushed by the kind of right-wing smears that assailed John Kerry in 2004 and that led to the defeat this year of responsible Republican members of Congress whose records were badly distorted by tea party-backed candidates.”

Frank has a 12-point lead over his Republican opponent, Sean Bielat, in a poll released Friday. The survey of Massachusetts by WPRI-TV shows Frank with 49 percent of the vote and Bielat with 37 percent. Another 12 percent are undecided.

Bielat is an Iraq war veteran, who currently works as an independent consultant. On his website he says he favors “a tax code where an individual pays no income tax on earnings up to the poverty line and pays only a relatively low flat tax above that level.” He also supports “reducing the burden of corporate income tax rates, employer mandates and unnecessary regulation.”

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Mali's Islamists Withdraw Cease-Fire Pledge

Friday, 04 Jan 2013 13:06 PM

Tens of thousands of Fatah supporters rallied in the Hamas stronghold of Gaza on Friday for the first time since they we . . .

Fmr. CIA Director Hayden: Iran Nuclear Crisis Gets 'Scarier'

Tuesday, 17 Jul 2012 18:11 PM

 . . .

Join Fmr. CIA Director for Special Iran Briefing, Assess the Danger

Friday, 13 Jul 2012 12:27 PM

 . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved