In February 2009, the unhappy Barney Frank vowed “that he wouldn’t accept campaign donations from banks that received money under the $700 billion Troubled Asset Relief Program (TARP) or political action committees tied to such institutions.” Well, well, well, seems this mean-spirited Congressman, just like his party’s leader, will go back on his word when he needs extra cash to win election.
But Frank has hauled in thousands from top execs at Bank of America, Citizens Bank, Wainwright Bank, JP Morgan Chase and other institutions that received billions in TARP money.
Just yesterday, Frank made new campaign finance disclosures showing he received $17,000 from top executives of Bank of America — including $2,000 from CEO Brian Moynihan. B of A received $45 billion in bailout money. In all, Frank has hauled in at least $27,000 since 2009 from bank execs — and $13,000 from PACs — connected to banks that received TARP funding . . . .
And yet he — and his fellow Democrats — love badmouthing Republicans for being in the pocket of big banks (and big business). Seems those big banks are putting a lot of cash into Barney’s pockets. Wonder if more in the media will take note of his hypocrisy.
Instead of having to put up any more with this Democrat’s double standards, help out the man seeking to retire this big spender who has spent his life in government.