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I had an interesting discussion with Kirsten Gillibrand at the fundraiser where I confronted Pelosi. I said to Gillibrand that Congress is corrupt, and pointed out that the PAC donations to Democrats are obscene. She then denied that campaign contributions necessarily influence political choices, that there's no quid pro quo. Later on, we were chatting about retroactive immunity, and Gillibrand mentioned that the votes might not be there to stop it. My reply was that she should speak out publicly against the Bush Dogs if retroactive immunity were passed, since she acknowledged that there's a tremendous amount of internal frustration. Her response is that they live in districts that are conservative, and that's where our conversation ended as she rushed to another event. Gillibrand is a wonderful, warm, and kind person, and I found it hard not to be charmed by her. And yet, the logic is just inescapably wrong.
As David Sirota shows, it is in rural conservative districts where the subprime mortgage issue is hurting people the most. Markos noted this as well, pointing to this LA Times story.
The shift is not confined to one county in the mid-Atlantic region. Similar rumblings of discontent can be heard among GOP voters in fast-growing areas across the country that are being hit by the housing crunch, including parts of Florida and Nevada.
The obvious political upside, and the obvious moral case, is what makes the petty and legalistic argument to wait until we know more about the effects of the 2005 Bankruptcy Bill before dealing with the mortgage crisis from the Bush Dogs so galling. Many people are being crushed by the economic forces unleashed by our problematic legal structures that created these mortgage problems, even as the wealthy and powerful are bailed out.
If these members want to justify their behavior by the conservative nature of their district, then they should show us the popular movement in their districts for big banks. Otherwise, this list is their real rationale. The number is in bold that means that the Finance/Insurance/Real Estate industry was/is the biggest contributor to the member for that cycle:
Lincoln Davis:
2006: $79,600
2008: $89,486
John Tanner:
2006: $292,579
2008: $127,396
Tim Mahoney:
2006: $183,850
2008: $213,565
Jim Matheson:
2006: $455,600
2008: $117,344
Allen Boyd:
2006: $165,042
2008: $57,550
Jim Marshall:
2006: $166,401
2008: $90,342
David Scott:
2006: $300,152
2008: $157,741
Bean, Melissa:
2006: $404,527
2008: $400,851
Mike Ross:
2006: $170,139
2008: $56,700
Baron Hill:
2006: $110,934
2008: $65,650
Mike Thompson:
2006: $168,413
2008: $116,919
Bart Gordon:
2006: $119,750
2008: $48,250
Stephanie Herseth Sandlin:
2006: $162,848
2008: $59,400
Charlie Melancon:
2006: $186,265
2008: $56,700
Dan Boren:
2006: $113,370
2008: $98,200
Nope, there's no influence here.
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