Skip to comments.Ethics charges against Rep. Maxine Waters, D-Calif., looking much worse and they were...
Posted on 09/17/2010 1:36:51 PM PDT by jazusamo
Complete title: Ethics charges against Rep. Maxine Waters, D-Calif., looking much worse and they were bad to begin with
Things looked pretty bad when Congresswoman Maxine Waters was caught helping arrange a taxpayer bailout for a bank where her husband was a former board member and had a significant financial interest in. The House Ethics Committee report on the matter was pretty damning. Today, the Washington Post has a lengthy and terrific piece of reportage that shows the circumstances of the OneUnited Bank bailout are even more suspicious than previously thought:
From the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.
Congress adjusted the law and regulators broke with customary practices, despite an explicit internal warning that the bank was in financial trouble. Among other exceptions, the bank was allowed to count as part of its capital $12 million in federal bailout money before the aid arrived.
OneUnited was the only bank to receive all of these considerations among the 707 recipients of money from the Troubled Assets Relief Program, according to documents and interviews.
A close look at how OneUnited which is now at the center of an ethics investigation involving Rep. Maxine Waters (D-Calif.) won bailout money shows how the Treasury Department, federal regulators and another influential lawmaker helped it despite its record of bad investments and extravagant spending.
Read the whole thing. And in a related story, The Hill reports three Maxine Waters aides were kicked out of a speech by Speaker of the House Nancy Pelosi for protesting the ethics charges against their boss:
Three staffers working for embattled Rep. Maxine Waters (D-Calif.) were asked by security officers to leave an event in downtown Washington on Thursday after they tried to display large campaign signs just as House Speaker Nancy Pelosi (D-Calif.) was about to speak.
The aides were holding lawn signs that defended Waters from the ethics charges she is facing in the House.
Lets fight for Maxine Waters, read a headline on the signs above a large picture of the congresswoman. Smaller headings read: No improper action. No benefit. No failure to disclose. No one influenced. No case!
Well, that was probably awkward for the Democratic leadership. Making things even more interesting, Waters seems hell bent on maxing out the race card:
Waters told The Hill afterward that the staffers had been displaying the signs at the annual legislative conference for the Congressional Black Caucus (CBC) Foundation, which was held at the Washington Convention Center a few blocks away. It aint about Nancy. Its about black people, Waters said. These signs will show up wherever large numbers of African-Americans gather, Waters said.
Nothing projects an air of innocence quite like screaming Racism! while paying staff members to protest your own partys leadership.
I hear you...The surprise for me is the WaPo writeup.
Uh, you mean the Examiner.
...but, but, but, it doesn’t matter. like all other cbc members, their constituents will elect them if they kill puppies/baby ducks/baby seals on the capitol steps.
No, I think the Examiner is basing it’s story on a story in the Washington Compost.
Ethics don't matter, except when they're holding Republicans to account for theirs.
No, the WaPo piece that’s linked at top of article.
DimoKKKRATS don’t care. Heck the just voted overwhelmingly for Rangel.
Best image I could find
Doh! Skimmed that part :0)>
Isn’t she special??What a joke, why this crook has not been removed is the question? someone on the out side steals and they are Jailed, in the crime ridden house it is no big deal and business as usual.She should get 20 Years.
You’re right, CBC members are electable no matter what unless they’re in jail and I’m not too sure that disqualifies them. :)
Let the Hope Shine in (Age of Entitlement) (to the tune of Let the Sun Shine In (Age of Aquarius)
When the moon...bats fill the People's House
And stupid herds are lined up hard
For freebies, perks and handouts
And welfare and green cards!
This is the dawning of the Age of Entitlement
The Age of Entitlement
Of your needs, we're understanding
Businesses will take a pounding
No more work or hard decisions
Gold-brick living, free as pigeons
Taking crystal meth vacations
Soon we'll all be poor as Haitians
Let The One shine!
Let The One chime in,
The One chimes in:
"It's 'get your pork' time!
"Theft's no more crime
"It's 'get your pork' time, Jim!"
Lyrics by andy58-in-nh
Man do I love this line. I wonder what Peter Jennings would have thought of that line.
Illegal activities and unethical behavior are resume enhancers for Democrats.
IF ONLY that were just a cynical joke!
Don’t forget tyhat Barney Frank is involved in this also
I’m thinkin’ there’ll be a newbie raking the greens at the Maxwell AFB golf course in fairly short order...
Exactly, right up to his ears.
Reconstruction II just keeps rolling along!
That’s a pleasant thought for today, let’s hope it happens. :-)
Without playing the “race card”, obammy would NEVER have been elected president.
Without quotas and set asides Obammy would NEVER have been elected president.
Nothing will come of this, time to move on.
Yeah but didn’t Barney do all the heavy lifting?
This will be a huge story. The day after the election. Well, the day after that actually. The story the day after the election will be the national temper tantrum.
I believe Bwaney did do the heavy lifting.