Congressional bailout votes vs. their contributions

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The Open Secrets web site, ran a feature this week that noted that those congressional members who voted in favor of the bailout package received 51 percent more in contributions from financial services industries than those who voted against. The average 'yea' voter in favor received $883,400 in donations from the industry, while the average 'nay' voter still received a robust $586,700.

I decided to apply the model to our local representatives. Here are the numbers for the 2007-08 cycle for how much money each congressman took from financial/insurance/real estate interests. They are much lower than the above numbers, because those correlate to the entire career of the average congressman, while the below ones are just the last two years.

Yea
David Dreier, $254,000
Gary Miller, $152,000

Contributors from those industries are the single largest contributors to both Dreier and Miller's campaigns. Let's look at the 'nay' votes.

Nay
Adam Schiff- $78,000
Grace Napolitano- $18,000
Hilda Solis- $39,000
Linda Sanchez- $36,000

If you are curious, here is who is making the largest contributions to each of the above members, who clearly do not take that much money from financial services interests.

Schiff- Lawyers and Lobbyists, $126,000
Napolitano- Labor, $80,000
Solis- Labor, $181,000
Sanchez- Labor, $119,000

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UNDER THE DOME

Dan Abenschein
Pasadena -- news, politics and gossip. Send tips, rumors, rants to Dan Abendschein dan.abendschein@sgvn.com.

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This page contains a single entry by Dan Abendschein published on October 1, 2008 1:27 PM.

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