Problems in Barneyville: Congressman Frank has to loan his own campaign $200,000

Longtime Massachusetts Rep. Barney Frank has given his re-election campaign $200,000 as he faces his toughest race in years.

Barney Frank owns his Massachusetts district. That is, he’s never really faced a serious challenge, running up huge victory after huge victory, sometimes even running unopposed.

Until this year.

barney-frank
Barney Frank hopes this $200,000 loan will help him land a knockout slap

Politico.com has the surprising story of Frank’s funding problem:

Longtime Massachusetts Rep. Barney Frank has given his re-election campaign $200,000 as he faces his toughest race in years.

A campaign finance report filed Tuesday showed that Frank, the chairman of the powerful House Financial Services committee, lent himself the money Tuesday.

Frank, a 15-term lawmaker from Newton, Mass., raised $316,644 last quarter and reported more than $1 million on hand with no debts.

His campaign didn’t immediately respond to a request for comment.
The chairman is facing one of his toughest fights in recent memory against Republican Sean Bielat, a 35-year-old Marine veteran with degrees from Georgetown, Harvard and the University of Pennsylvania.

Republican Sen. Scott Brown won Frank’s congressional district, which President Barack Obama carried in 2008. Bielat has zeroed in on Frank’s service atop the financial services committee, indicating that the Democrat had a hand in the financial turmoil over the last few years.

He had a hand it in? That’s a delicate way of putting it. If they mean Frank was fisting the economy, well, yes, he had a hand in it.

An indelicate way of putting it, perhaps, but true, nonetheless.

Source: Politico.com

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