How Can You Vote For Bailing Out Wall Street and Against Reforming Wall Street

Bill Scher

Reasonable people can disagree about the merits of the Wall Street bailout.

But you can’t reasonably believe we should use taxpayer money to bail out irresponsible bankers and do nothing to insist bankers start behaving responsibly.

As my colleague Zach Carter just reported, there are 69 House members and 21 Senators who unreasonably believe just that. This is the crew that voted for the Wall Street bailout and against Wall Street reform.

I can understand voting against the bailout as unfair preferential treatment for Wall Street, and against Wall Street reform, believing that it was not tough enough to prevent future crises.

I can understand voting against the bailout and against reform on the libertarian grounds the both are inappropriate government interventions.

I can understand voting for the bailout as a necessary act to avert global depression (and which did not cost taxpayers nearly as much as initially feared), while believing it is also necessary to vote for new rules that would prevent the same crisis from happening again.

But to believe irresponsible bankers deserve a $700 billion line of credit from the taxpayers, and then be turned back loose on the economy without even a slap on the wrist?

Is that how anyone would treat a drunk driver or a truant student? Give them a bunch of money and tell them to go play in the street all over again?

It’s not believable. The only explanation is to be bought and paid for.

Any congressperson on Carter’s list should be grilled by their local media: how can you justify voting for bailing out irresponsible Wall Street behavior, and against reforming Wall Street behavior?

I’m republishing Carter’s list of the 90, which includes the price for their votes.

Senator 2010 Wall Street Cash Career Wall Street Cash
Sen. Lamar Alexander (R-TN) $1,600,000 $4,900,000
Sen. Robert Bennett (R-UT) $1,500,000 $2,600,000
Sen. Kit Bond (R-MO) $333,600 $3,300,000
Sen. Richard Burr (R-NC) $1,500,000 $3,300,000
Sen. Saxby Chambliss (R-GA) $2,500,000 $3,500,000
Sen. Tom Coburn (R-OK) $451,700 $1,200,000
Sen. Bob Corker (R-TN) $3,100,000 $3,300,000
Sen. John Cornyn (R-TX) $3,200,000 $4,700,000
Sen. John Ensign (R-NV) $1,300,000 $2,600,000
Sen. Lindsey Graham (R-SC) $1,100,000 $2,000,000
Sen. Judd Gregg (R-NH) $233,200 $1,100,000
Sen. Orrin Hatch (R-UT) $1,400,000 $2,600,000
Sen. Kay Bailey Hutchison (R-TX) $1,400,000 $4,700,000
Sen. Johnny Isakson (R-GA) $1,500,000 $4,200,000
Sen. John Kyl (R-AZ) $2,800,000 $3,800,000
Sen. Dick Lugar (R-IN) $412,200 $2,500,000
Sen. John McCain (R-AZ) $947,600 $34,000,000
Sen. Mitch McConnell (R-KY) $4,300,000 $5,300,000
Sen. Lisa Murkowski (R-AK) $268,200 $909,700
Sen. John Thune (R-SD) $1,600,000 $3,900,000
Sen. George Voinovich (R-OH) $435,200 $2,800,000
21 Republicans
0 Democrats
Senate Total $31,881,700 97,209,700
House Member 2010 Wall Street Cash Career Wall Street Cash
Rep. Rodney Alexander, R-La. $106,500 $422,300
Rep. Spencer Bachus, R-Ala. $611,600 $4,400,000
Rep. Gresham Barrett, R-S.C. $20,400 $806,700
Rep. Marion Berry, D-Ark. $24,900 $663,700
Rep. Judy Biggert, R-Ill. $395,000 $1,900,000
Rep. Roy Blunt, R-Mo. $1,200,000 $3,800,000
Rep. John Boehner, R-Ohio $1,300,000 $3,700,000
Rep. Jo Bonner, R-Ala. $90,400 $702,200
Rep. Mary Bono Mack, R-Calif. $190,000 $733,400
Rep. John Boozman, R-Ark. $257,700 $491,000
Rep. Dan Boren, D-Okla. $123,100 $722,200
Rep. Rick Boucher, D-Va. $92,700 $1,400,000
Rep. Charles Boustany Jr, R-La. $226,300 $934,600
Rep. Kevin Brady, R-Texas $157,000 $840,500
Rep. Henry Brown, R-S.C. $35,700 $494,000
Rep. Vernon Buchanan, R-Fla. $336,800 $1,400,000
Rep. Ken Calvert, R-Calif. $180,300 $940,300
Rep. Dave Camp, R-Mich. $588,000 $1,700,000
Rep. John Campbell, R-Calif. $413,400 $1,200,000
Rep. Eric Cantor, R-Va. $2,100,000 $4,400,000
Rep. Mike Castle, R-Del. $749,100 $3,200,000
Rep. Howard Coble, R-N.C. $23,400 $502,500
Rep. Tom Cole, R-Okla. $110,000 $686,000
Rep. Mike Conaway, R-Texas $161,500 $711,800
Rep. Ander Crenshaw, R-Fla. $86,100 $717,000
Rep. Henry Cuellar, D-Texas $90,600 $606,900
Rep. Charlie Dent, R-Pa. $177,900 $881,000
Rep. Chet Edwards, D-Texas $324,200 $1,900,000
Rep.Vernon Ehlers, R-Mich. $8,500 $292,200
Rep. Jo Ann Emerson, R-Mo. $143,900 $904,400
Rep. Mary Fallin, R-Okla ($1,000) $340,700
Rep. Rodney Frelinghuysen, R-N.J. $86,200 $840,300
Rep. Jim Gerlach, R-Pa. $251,600 $1,800,000
Rep. Kay Granger, R-Texas $140,000 $1,100,000
Rep. Wally Herger, R-Calif. $171,500 $1,100,000
Rep. Peter Hoekstra, R-Mich. ($1,000) $300,600
Rep. Bob Inglis, R-S.C. 0 $572,800
Rep. Peter King, R-N.Y. $173,900 $1,600,000
Rep. Mark Kirk, R-Ill. $1,900,000 $4,200,000
Rep. John Kline, R-Minn $170,900 $989,100
Rep. Jerry Lewis, R-Calif. $31,800 $748,000
Rep. Daniel E. Lungren, R-Calif. $147,700 $622,500
Rep. Howard McKeon, R-Calif. $132,100 $1,100,000
Rep. Gary Miller, R-Calif. $144,500 $902,000
Rep. Harry Mitchell, D-Ariz. $130,900 $558,000
Rep. Sue Myrick, R-S.C. $93,600 $1,200,000
Rep. Soloman Ortiz, D-Texas $40,200 $381,700
Rep. George Radanovich, R-Calif. $24,900 $462,000
Rep. Mike Rogers, R-Ala. $128,200 $1,000,000
Rep. Hal Rogers, R-Ky. $50,200 $468,000
Rep. Ileana Ros-Lehtinen, R-Fla. $127,000 $986,000
Rep. Paul Ryan, R-Wis. $531,500 $1,900,000
Rep. Jean Schmidt, R-Ohio $121,900 $519,700
Rep. John Shadegg, R-Ariz. $39,700 $1,200,000
Rep. Bill Shuster, R-Pa. $30,700 $403,600
Rep. Mike Simpson, R-Ind. $20,500 $266,900
Rep. Ike Skelton, D-Mo. $112,500 $524,200
Rep. Lamar Smith, R-Texas $258,900 $1,300,000
Rep. Mark Souder, R-Ind. $40,500 $405,800
Rep. Zack Space, D-Ohio $169,300 $476,300
Rep. John Sullivan, R-Okla. $79,200 $494,800
Rep. Lee Terry, R-Neb. $202,600 $1,400,000
Rep. Mac Thornberry, R-Texas $42,500 $603,400
Rep. Patrick Tiberi, R-Ohio $555,500 $2,800,000
Rep. Fred Upton, R-Mich. $81,700 $929,400
Rep. Greg Walden, R-Ore. $180,700 $732,400
Rep. Zach Wamp, R-Tenn. 0 $715,700
Rep. Joe Wilson, R-S.C. $155,500 $580,200
Rep. Frank Wolf, R-Va. $90,400 $1,100,000
60 Republicans $15,873,400 $72,443,800
9 Democrats $1,108,400 $7,233,000
House Total $16,981,800 $79,676,800

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