Can anyone answer me this: Bawney Fwank will not run again in ‘12. How much of his re-election war chest is turned over to DNC and Mass. Dem Party, and how much does he take home?
And also, are the monies he takes home taxable? How peculate a Congressman is he?
All that you need to know is that politicians write the rules.
As I understand it he can keep his war chest as long as it is used for legitimate political expenses. And who would question if you paid yourself a modest stipend as an employee of your own war chest? And your wife, kids, brother-in-law, etc.