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Sunday, October 5, 2014

Bravo, Occupy the SEC

Occupy the SEC now has a simple rating of your Congress critter.

It's a pretty simple system:

Methodology

Our methodology was rather straightforward. We created a simple formula that allowed us to produce a score between 0 and 100 for each member of the House . A score of 100 means that a member voted in a manner that was consistent with our positions on every bill. Conversely, a score of 0 means that the member took the opposite view of OSEC on all considered bills.

Additionally, we gave some weight to the sponsorship and cosponsorship of bills. If a bill was “good” then we viewed sponsoring (or introducing) the bill as good and therefore rewarded that individual with what amounts to additional good votes. If the individual introduced a “bad” bill then we subtracted from the member's score by counting the sponsorship as if it constituted additional bad votes. Co-sponsorship of bills was treated in a similar fashion but the weight we applied was smaller. Lastly, we added a multiplier to each bill that reflected the importance of the bill and its potential impact. For instance, if the bill was just a minor “technical fix” then it received a small multiplier, but if the bill was aimed at, say rehauling an entire agency (as HR 3193 aims to do by changing the makeup of the CFPB), then we viewed votes on that bill as being more significant, and consequently applied a larger multiplier to it.
Rather unsurprisingly, the Dems score better than the Republicans, but I would note that any Dem under 50 should be considered for a primary challenge.

H/t naked capitalism.

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