POLITICAL CONTRIBUTIONS TO BARNEY FRANK

WHO'S THE BIG BAD WOLF?
What the numbers below show is that the dog and pony show that Mr. Frank put on in the hearings for legislations for protecting the little guy against the big bad mortgage brokers was all payback for the contributions he's received from the big banks.
The current salary (2006) for rank-and-file members of the House and Senate is $165,200 per year. They have an expense account that is about equal to the pay.
2005-2006 PAC Contributions: $803,908
Based on data released by the FEC on Monday, June 04, 2007.
2007 PAC Contributions received by Representative Barney Frank as released by the FEC June 4, 2007.
Finance, Insurance, Real Estate $574,284
Labor $90,498
Lawyers & Lobbyists $56,756
Ideology/Single-Issue $22,620
Construction $17,000
Misc. Business $11,500
Health $8,500
Transportation $8,500
Agribusiness $4,000
Defense $4,000
Energy/National Resources $3,000
Communications/Electronics $3,250
Energy/National Resources $3,000
Individual Contributions
Finance, Insurance, Real Estate $172,035
Labor $0
Lawyers & Lobbyists $91,070
Ideology/Single-Issue $67,769
Construction $15,000
Misc. Business $33,400
Health $7,950
Transportation $7,250
Agribusiness $1,500
Defense $250
Energy/National Resources $5,000
Communications/Electronics $26,200
Energy/National Resources $3,000
Other $85,500
TOP CONTRIBUTORS IN THE FINANCE, INSURANCE, REAL ESTATE SECTOR
American Bankers Assn
Citigroup, Inc.
Bank of America
JP Morgan Chase & Co.
Independent Community Bankers of America
Wells Fargo
Washovia Corp.
US Bancorp
Mr. Frank is not the Representative with the highest contributions from
the Finance, Insurance and Real Estate Sector. He is, however the highest
recipient who is a member of the Democrat Party.
The top industries contributing to Mr. Frank are:
1. Securities and Investment $177,808
2. Insurance $144,248
3. Real Estate $140,485
4. Lawyers and Law Firms $112,083
5. Commercial Banks $108.150
Barney Frank is the top House of Representatives and top Democrat recipient of contributions from the
Savings and Loan industry - $28,172
Its funny how the money trail never lies. Great Post