How our Hispanic Congressional Reps voted on the Bailout Package (18 No & 8 Yes) :: H.R.3997 – Emergency Economic Stabilization Act of 2008

Last night I received an e-mail from maplight.org entitled: HOUSE MEMBERS VOTING ‘YES’ ON BAILOUT RECEIVED 54% MORE MONEY FROM BANKS AND SECURITIES FIRMS THAN MEMBERS VOTING ‘NO’ – that I found quite interesting

“MAPLight.org has found that, over the past five years, banks and securities firms gave an average of $231,877 in campaign contributions to each Representative voting in favor of the bailout, compared with an average of $150,982 to each Representative voting against the bailout–54 percent more money given to those who voted Yes.”

After looking at the list, I decided to see which of our Latino Reps had voted yes and no below is the list if you want you can see how much lobbying money they got at www.maplight.org/map/us/bill/72675/N7DgM9/votes/votedetail-351995

No

1. Joe Baca (D-CA)
2. Xavier Becerra (D-CA)
3. Henry Cuellar (D-TX)
4. Lincoln Diaz-Balart (R-FL)
5. Mario Diaz-Balart (R-FL)
6. Raul Grijalva (D-AZ)
7. Grace Napolitano (D-CA)
8. Devin Nunes (R-CA)
9. Solomon Ortiz (D-TX)
10. Ed Pastor (D-AZ)
11. Ciro Rodriguez (D-TX)
12. Ileana Ros-Lehtinen (R-FL)
13. Lucille Roybal-Allard (D-CA)
14. John Salazar (D-CO)
15. Linda Sanchez (D-CA)
16. Loretta Sanchez (D-CA)
17. José Serrano (D-NY)
18. Hilda Solis (D-CA)

Yes

1. Dennis Cardoza (D-CA)
2. Jim Costa (D-CA)
3. Charles A. Gonzalez (D-TX)
4. Luis Gutierrez (D-IL)
5. Rubén Hinojosa (D-TX)
6. Silvestre Reyes (D-TX)
7. Albio Sires (D-NJ)
8. Nydia Velázquez (D-NY)

2 other tidbits from the e-mail

The financial services sector has contributed more to candidates for Congress, Presidential candidates, and political parties than any other sector, totaling $339,649,585 from 2007-present.
Source: www.opensecrets.org/overview/sectors.php

The sector has also contributed heavily to both John McCain and Barack Obama’s Presidential campaigns in 2007-2008: $22,108,926 to Sen. McCain and $24,860,257 to Sen. Obama.
Source: www.opensecrets.org/pres08/sectorallc.php?cycle=2008

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