Freddie Mac Discontinues Party


Mortgage giant Freddie Mac, a recent recipient of a federal bailout, will not throw a party during the Democratic nominatin convention in Denver. When I’m broke I can’t go to a party, let alone throw one for a bunch of lobbyists and politicos. So I understand.

Freddie Mac might be saving some money and face in this decision, but they’ve been happily doling out money to committees that provide oversight over the mortgage industry. Below is a chart of Freddie Mac’s PAC contributions to active members of the House. Financial Services Committee members are highlighted:

Freddie Mac PAC Contributions to the House 2007-2008 Financial Services members highlighted with the color of money
Ackerman, Gary (D-NY) $1,000
Baca, Joe (D-CA) $3,000
Bachmann, Michele Marie (R-MN) $2,500
Bachus, Spencer (R-AL) $2,500
Bean, Melissa (D-IL) $6,999
Becerra, Xavier (D-CA) $1,000
Biggert, Judy (R-IL) $1,000
Boehner, John (R-OH) $7,500
Brown-Waite, Ginny (R-FL) $1,000
Cantor, Eric (R-VA) $7,000
Capito, Shelley Moore (R-WV) $1,000
Clay, William L Jr (D-MO) $1,000
Cleaver, Emanuel (D-MO) $1,000
Clyburn, James E (D-SC) $1,500
Cole, Tom (R-OK) $1,000
Crowley, Joseph (D-NY) $1,000
Cummings, Elijah E (D-MD) $1,000
Davis, Geoff (R-KY) $1,000
Davis, Lincoln (D-TN) $1,000
Davis, Tom (R-VA) $4,999
Frank, Barney (D-MA) $4,500
Heller, Dean (R-NV) $1,000
Hinojosa, Ruben (D-TX) $1,000
Hodes, Paul W (D-NH) $1,000
Honda, Mike (D-CA) $2,000
Israel, Steve (D-NY) $1,000
Jones, Stephanie Tubbs (D-OH) $1,000
Kanjorski, Paul E (D-PA) $3,000
Klein, Ron (D-FL) $1,000
LaTourette, Steven C (R-OH) $2,000
Lewis, John (D-GA) $1,000
Lynch, Stephen F (D-MA) $1,000
Mahoney, Tim (D-FL) $1,000
Maloney, Carolyn B (D-NY) $1,000
Marshall, Jim (D-GA) $1,000
McCarthy, Kevin (R-CA) $1,000
McCrery, Jim (R-LA) $1,000
McHenry, Patrick (R-NC) $1,000
Meek, Kendrick B (D-FL) $1,000
Meeks, Gregory W (D-NY) $1,000
Miller, Brad (D-NC) $1,000
Miller, Gary (R-CA) $3,000
Moore, Dennis (D-KS) $1,000
Moore, Gwen (D-WI) $1,000
Murphy, Chris (D-CT) $1,000
Napolitano, Grace (D-CA) $1,000
Neugebauer, Randy (R-TX) $3,500
Pelosi, Nancy (D-CA) $7,500
Pomeroy, Earl (D-ND) $500
Pryce, Deborah (R-OH) $1,000
Rangel, Charles B (D-NY) $2,000
Renzi, Rick (R-AZ) $1,000
Reynolds, Tom (R-NY) $1,000
Rogers, Mike (R-MI) $1,000
Roskam, Peter (R-IL) $1,000
Sherman, Brad (D-CA) $1,000
Slaughter, Louise M (D-NY) $1,000
Thompson, Bennie G (D-MS) $1,000
Tiberi, Patrick J (R-OH) $1,000
Velazquez, Nydia M (D-NY) $3,000
Watt, Melvin L (D-NC) $1,000

Spreading the wealth around. I’ll look at the Senate and giving from executives a little later.