Frank Roche

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Frank Roche
Frank Roche.jpg
Candidate for
U.S. House, North Carolina, District 2
PartyRepublican
Websites
Campaign website
Frank Roche was a 2014 Republican candidate seeking election to the U.S. House to represent the 2nd Congressional District of North Carolina.[1] Roche was defeated by incumbent Renee Ellmers in the Republican primary on May 6, 2014.[2]

Roche was a 2012 Republican candidate for North Carolina Treasurer in the 2012 elections.


Issues

Campaign themes

2014

Roche listed the following issues on his campaign website:[3]

  • Immigration: "We cannot attempt to analyze the jobs outlook and the economic challenges that confront American citizens in 2014 and not include immigration and the social counterparts multiculturalism, identity politics, and political correctness in the analysis. Mass immigration is the single most important structural policy issue facing America today. In the second decade of the 21st Century, Americans find themselves 45 years into a massive social experiment that began with the passage of the Immigration Reform Act of 1965. America has benefited from immigration in our past, and we can again in the future, though not until we end U.S. immigration policy as it has been practiced since the late 1960′s. As your Congressman, Frank will work to block the type of comprehensive immigration reform and amnesty for illegal immigrants being debated in the House of Representatives in 2014. Frank will work to secure our borders as part of a broad strategic effort to bring the number of illegal immigrants entering the country each year to as close to zero as possible. Frank will work for lower levels of legal immigration which strategically aligns with the needs of U.S. industry and business. Frank will also work to end government recognition of, and compliance with, the social counterparts of U.S. immigration policy: multiculturalism, identity politics, and political correctness."
  • Federal Debt & Deficits: "When will it be too much debt? Will it be in May of 2014 when the debt will reach $18 trillion? Or, perhaps it will be in 2050 when total outstanding US federal debt could reach $65 trillion. Frank believes Congress has already taken on too much debt. The speed with which Republican and Democrat elected officials have allowed the debt to rise over the past 12 years is unprecedented in U.S. history. The level and continuing pace of accumulation of debt is already a national security threat to the United States. The federal government has over promised Americans on medical care, retirement income, the provision of food and shelter, post secondary education, and providing for the general welfare. The scarce resources that are taxes and fees are being misallocated. If Americans don’t demand their elected officials voluntarily correct fiscal imbalances, financial market participants, both Americans and foreign nationals, will force a correction of the imbalances at a much higher cost to our collective standard of living. As your Congressman, Frank will work to bring the federal budget into balance and keep the focus on debt reduction."
  • Trade Policy: "The long standing U.S. policy of unilateral free trade, the rise of China, the persistent onslaught of foreign competition in motor vehicles and parts, consumer goods, and machine tools, together with U.S. companies transferring production overseas and/or outsourcing from overseas, and tens of thousands of takeovers of U.S. corporations by foreign nationals since the mid 1980′s, have all wrecked havoc on the American labor market and put downward pressure on potential U.S. yearly growth rates. U.S. trade policy as practiced by successive administrations has served to significantly cloud the economic landscape in America. The long lauded benefits of cheap consumer goods is now being outweighed by the growing negative repercussions evident in 2014 America: millions of manufacturing jobs lost, slow job growth, flat wage gains, a historic low in the labor force participation rate, and historic numbers of urban, near urban, and rural Americans dependent on government support programs. As your Congressman, Frank will work to move America away from unilateral free trade and towards fair trade guided by the concepts of reciprocity and strategic trade theory. Frank will work to remove fast track authority for negotiating trade agreements from the Executive branch, and ensure members of Congress exercise their constitutional authority over all future trade treaties, being certain the best interests of American citizens come first."
  • Obamacare, Dodd-Frank & Regulation: "As your Congressman Frank will work diligently to replace both the Patient Protection and Affordable Care Act, a.k.a. Obamacare, and the Dodd-Frank Wall St. Reform and Consumer Protection Act. Obamacare will prove to be a long-term drag on economic growth and employment, reduce new business formation, and reduce access to and the quality of medical care. Dodd-Frank will serve only to make financial transactions more expensive for businesses and consumers, be a drag on employment in the financial services sector, and make U.S. banks less competitive against their foreign rivals. Frank will work diligently to relieve American businesses and individuals from the freedom sapping burden of over regulation."
  • Education: "For more than 30 years there has been recognition by policy makers, parents, and employers that America’s public education system is no longer graduating a sufficiently knowledgeable work force. The conventional wisdom in 2014 America is the American public education establishment is failing; the average American citizen is less well educated than decades before. U.S. business groups have been warning about their inability to adequately compete with America’s trading partners because of the increasingly low skilled applicants coming out of America’s public schools, particularly in math, science, information technology, and the trades. It is time to realize that the federal government’s current policy of regulating and micromanaging the public school system has failed. No Child Left Behind, Race to the Top, and Common Core are only the most recent efforts by the Dept. of Education to control education from Washington, D.C. The failings of America’s public school system doesn’t end at high school graduation, they continue with America’s post secondary academic institutions dominated by rising administrative costs and a worsening value proposition. With the Obama administration’s takeover of the student loan program, the moral hazard for post secondary institutions and students alike has increased. As your Congressman, Frank will fight to return the decision making power on public education back to the states and counties, and remove the moral hazard of a government controlled student loan program by returning the loan program to the private sector with necessary reforms."
  • Federal Reserve: "In the 5 years since the housing and financial collapse of 2008-2009 the Federal Reserve (Fed) balance sheet has ballooned from less than $900 billion to over $4 trillion as the Fed has pursued unconventional monetary policy measures to help stabilize the financial system, maintain stable consumer prices, and maximize employment. The unconventional monetary policy measures, a.k.a. Quantitative Easing (QE), has involved keeping short-term interest rates near zero, and ten of billions of monthly purchases of U.S. Treasury bonds and Mortgage Backed Securities. The majority of the money used to purchase these assets was created by a computer key stroke at the New York Federal Reserve Bank; the printing press. The Fed is taking unusual risks in the conduct of monetary policy to satisfy their dual mandate as imposed by the U.S. Congress: maintain low and stable prices, and full employment. Full employment, or the Non-accelerating Inflation Rate of Unemployment (NAIRU), is thought to be achieved when the unemployment rate stabilizes around 5 percent. The U.S. Congress imposed the dual mandate on the Fed in the 1970′s and was largely seen as political cover for a difficult economic period in U.S. history. The Fed’s ongoing QE program will increasingly pose a systemic risk for the U.S. economy and must be brought to an end, and the size of the Fed’s balance sheet reduced. As your Congressman, Frank will work to remove the dual mandate imposed on the Federal Reserve and replace it with a single mandate to maintain low and stable prices. Frank will also join the effort to exercise congressional oversight authority to ensure the actions taken by the Fed since 2008 do not pose an unusual degree of systemic risk to the U.S. economy and America’s future strength and prosperity."
  • Family Values: "Frank is a pro-life, traditional families candidate. As your Congressman Frank will work to protect life and advocate for traditional marriage between a man and a woman."
  • Second Amendment: "Frank believes in the organizing principles of the U.S. Constitution and will work to constantly defend our founding document, including the right to bear arms."
  • Term Limits: "Frank believes in voluntary term limits for the U.S. House and Senate; 6 terms in the House, 2 terms in the Senate. Frank will not serve more than 12 years in the U.S. House Representatives."

Elections

2014

See also: North Carolina's 2nd Congressional District elections, 2014

Roche ran in the 2014 election for the U.S. House to represent North Carolina's 2nd District. Roche was defeated by incumbent Renee Ellmers in the Republican primary on May 6, 2014.[2]

U.S. House, North Carolina District 2 Republican Primary, 2014
Candidate Vote % Votes
Green check mark transparent.pngRenee Ellmers Incumbent 58.7% 21,412
Frank Roche 41.3% 15,045
Total Votes 36,457
Source: Results via the North Carolina State Board of Elections

2012

See also: North Carolina down ballot state executive elections, 2012

Roche ran for North Carolina Treasurer in 2012.[4] He lost to Steve Royal in the May 8 Republican primary.[5] Incumbent Janet Cowell and Ron Elmer ran for the Democratic nomination. The general election took place on November 6, 2012.

North Carolina Treasurer, Republican Primary, 2012
Candidate Vote % Votes
Green check mark transparent.pngSteve Royal 57.7% 389,188
Frank Roche 42.3% 285,439
Total Votes 674,627
Election Results Via:The North Carolina Board of Elections.


Campaign donors

2014

Candidates for Congress were required to file up to seven main reports with the Federal Election Commission during the 2014 elections season. Below are Roche's reports.[6]

Frank Roche (2014) Campaign Finance Reports
ReportDate FiledBeginning BalanceTotal Contributions
for Reporting Period
ExpendituresCash on Hand
Year-End[7]January 14, 2013$0.00$2,695.06$(936.31)$1,758.75
April Quarterly[8]April 15, 2014$1,758.75$17,551.54$(10,467.85)$8,842.44
Running totals
$20,246.6$(11,404.16)

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