Even Nixon was more subtle than this
Bill Frist's reelection campaign…not Frist himself, mind you…took out a loan for over a third of a million dollars.
To invest it in the stock market.
After having lost over half a million dollars in the market over the last four years.
Paid back about three percent when it was due in August because they lost another 32 grand this summer (should have sold Halliburton before the investigations like Cheney and Bush likely did).
And the bank lets them roll the loan over.
Nick Smith, a spokesman for the Tennessee Republican, referred questions yesterday to the senator's financial consultant, Linus Catignani, who said the idea that Frist has received any preferential treatment is ''absurd.''
Catignani said ''the loan was rolled over,'' and interest earnings will pay it off by the time it's due in February 2007.
