Later On

A blog written for those whose interests more or less match mine.

Correlation is not causation, but one wonders

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Is there a sign someplace saying “US Representatives For Sale – Inquire Within”? ThinkProgress:

According to research produced by MAPLight.org, House members who voted yes on the proposed bailout package received 54 percent more money from banks and securities than members who voted no:

[O]ver 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.

Democrats who voted yes received “an average of $212,700 each, about twice as much as those voting No, $107,993.” Republicans who voted yes “received an average of $273,181 each, 50% more than those voting No, $181,688.”

Written by LeisureGuy

30 September 2008 at 1:43 pm

Posted in Business, Congress

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