| The Sunlight Foundation has released information on the new New Financial Services Committee members and were the campaign cash came from.
It's terrifying to see how much money each member received from financial groups.
Eight of the twelve new members chosen to take seats on the House Financial Services Committee can count the finance, insurance and real estate sector as the top contributor to their election.
This has to make you ask the basic question, will the members of this important committee represent the people or the corporations who donated millions to get them elected.
As the non-partisan Sunlight foundation states, Quico Canseco won by a small margin in a Texas border district that narrowly went for Barack Obama in 2008. He received nearly 10% of his funds from the finance, insurance and real estate industry.
Canseco beat Democrat Ciro Rodriguez in the 23rd Congressional District last November with less than 50% of the vote. Depending on how lines are drawn, This district is at the top of our list to flip the seat back in 2012. Canseco has a fine line to walk. The freshman Republican will either have to kiss the ring of the donors who got him elected or represent the people of his district.
As we saw in 2005-2006, the bills that go through this important committee, hardly help both. |