Tuesday, June 28, 2005

Ya know…

Ya know…

…the legal, ethical and moral issues to the side, this raises some pretty serious doubt about Frist's judgement and ability to handle his own affairs…
In June 2000, Senator Frist took $1 million of the money that had been contributed to his 2000 Senate campaign and invested it in the stock market, where it promptly began losing money. In November 2000, Senator Frist sought to collect $1.2 million he had lent his 1994 Senate campaign committee. As a result of the stock market losses, however, Frist 2000, Inc. did not have enough money to repay the loan. Senator Frist solved this problem by having the 1994 and the 2000 campaign committees jointly take out a $1.44 million bank loan at a cost of $10,000 a month interest. Frist 2000, Inc. did not report this debt on its FEC disclosure forms.
…not to mention pretty serious doubt about a political party that would put a dishonest incompetent in a position of authority.

Maybe 'doubt' isn't the right word, though, since it just goes to confirm so many things I was already pretty sure about...

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