Barney Frank loans his campaign $200,000

Barney Frank

 The polls show Barney Frank with anywhere from a ten to twelve point lead over his opponent, Sean Bielat. This would seem like a safe lead for any incumbent politician to enjoy, but is it? Barney Frank must not think so because in the closing days of the campaign he has loaned himself $200,ooo. 

  He claims that he was forced to do this in order to fight off attacks from outside groups, but he had much more money than his unknown opponent so there must be more to this story than Barney Frank’s spin. After all, aren’t all candidates the “victims” of outside attacks? This is nothing new but it seems to provide Barney Frank some cover from the truth.

  The truth is that Barney Frank is one of the people who is the most responsible for the current recession with his failure to see the fact that Fannie Mae and Freddie Mac were in trouble when he opposed President Bush’s attempt to more strictly regulate these two institutions. I wrote about this issue here when it was learned that Barney Frank was accepting campaign donations from bailed out financial institutions (outside money?), and people may actually be ready to hold Barney Frank accountable for his lack of insight into the problems that led to the current state of the economy.

  I believe that this race is closer than the polls indicate and I believe that Barney Frank knows that he is indeed vulnerable. We are talking about a Massachusetts politician who is entrenched in the political machine and has never faced a serious threat in any of his re-election bids, but now he has to loan his campaign money? Something is in the air here, oh what a glorious day it would be on November 3rd if we awoke to the news that Barney Frank was defeated!

  This may have seemed like a pipe dream not all that long ago, but I have to think that this may be closer to a reality than Barney Frank cares to admit!