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Cleared of Ethics Charges, Maxine Waters Ready to Write Bank Laws
Townhall.com ^ | November 24, 2012 | John Ransom

Posted on 11/24/2012 4:06:10 AM PST by Kaslin

The last time we met “This Old Socialist,” Congresswoman Maxine Waters, (D-Delusional), she was being probed for “ethics violations,” which is fed-speak for “things for which you and I go to jail, but which is legal for congress.”

Waters, then, was gamely trying to vie for a leadership position on the Financial Services Committee despite a dogged investigation regarding her finances and influence peddling that had dragged out for months. She was doing so in the wake of the announcement that the committee’s ranking Democrat, Barney Frank (D-Dope) (pun intended) was leaving congress to fulfill his lifelong dream of getting married to a surfer/marijuana dealer. Or was that a marijuana dealer/surfer?  

Anyway, Frank had already realized one dream when he covered the banking and financial industry with a fresh layer of federally-subsidized, regulatory dirt that we call the Dodd–Frank Wall Street Reform and Consumer Protection Act (ha!), the newest regulatory scheme that has screwed up a good country.

But as Frank goes off to greener pastures, now imagine this: the Dodd-Frank and…Waters Wall Street Shakedown and Consumer Ruination Act.  

Because gone are the days when it seemed that either Waters would decline the position Frank was occupying (pun intended) as ranking member or face ethics charges stemming from, um, doing stuff that would ruin the rest of us.

Maxine will not now face any charges from any of the previous allegations that were being investigated by congress, to wit: Maxine apparently has paid family members close to $1 million from public or campaign funds since 2007, according to a recent report by Citizens for Responsibility and Ethics in Washington (CREW). In 2005, 2006, 2009 and 2011 she was named to CREW’s Most Corrupt politician list.

Additionally Waters was being investigated for using undue influence to secure a $12 million TARP bailout for a bank in which her husband was a director and a shareholder. Waters has reimbursed herself and her husband for over $15,000 in various expenses, including hotel, office supplies and gasoline. Her campaign has also loaned $25,000 to a non-profit on which she is a board member and of which her daughter is president. CREW says that no payments have been made on the loan as of last April.

But all of that is now old news.

Congress finally got down to the bottom of things ethics-wise for Maxine- like they always do for “members”- and found out that Waters, while still a socialist, is perfectly fit to represent Democrats as the ranking member of the Financial Services Committee.

There is illegal behavior and then, apparently, there is only congressional behavior.

That means that if Democrats capture the US House again, ole Maxine gets to be the top finance dog in congress, writing cool, new financial services legislation for all of us.

And here’s how she earned that privilege: According to Politico Waters donated over $250,000 to the Democrat Congressional Campaign Committee in the last several weeks of the election cycle, including over $11,000 to candidates in her home state of California. 

Ah, nothing secures the position of ranking member of the financial services committee better than: 1) being acquitted on all congressional ethics charges and 2) subsequently providing $250,000 of good, old-fashioned financial services of your own to Party's candidates.

Remember Maxine called for “socializing” the oil industry when Bush was president because oil prices were too high. She told oil executives that they had to bring prices down or she’d socialize the industry. She called for a trillion dollar jobs bill after the trillion dollar stimulus failed, and dared the Tea Party to come after her while telling us all that they could go “straight to hell.”

Writes the Washington Post:

 “I’m not afraid of anybody,” Waters said at the summit in Inglewood, Calif. “This is a tough game. You can’t be intimidated. You can’t be frightened. And as far as I’m concerned, the ‘tea party’ can go straight to Hell.”

I think it’s proper to say that Waters, even now, wants tea partiers to end up in the actual, physical Hell.     

She also claimed before the collapse of the housing market brought about in part by decade-long abuses at Fannie Mae that “we do not have a crisis at Freddie Mac, and in particular at Fannie Mae under the outstanding leadership of Mr. Frank Raines.” Time Magazine listed Raines’ reign at Fannie Mae as “blameworthy” in its list of 25 People to Blame for the Financial Crisis.

So, no; it doesn’t surprise me that using influence to secure a TARP loan for a bank that was mismanaged by your husband isn’t unethical according to the standards of congress; or that using campaign funds and public money to enrich your own family doesn’t rise to the level of abuse of public trust.  

Nor does it surprise me that Maxine Waters, “This Old Socialist,” would get her shot at writing, re-writing and re-re-writing financial services laws for a country already on the ropes.  

But it does make me sick.

This country has gone straight to Hell.   


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Editorial
KEYWORDS:

1 posted on 11/24/2012 4:06:22 AM PST by Kaslin
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To: Kaslin

My despicable meter needle is bent beyond recognition. Is anyone surprised that she’s not going to be prosecuted? The destroyers will now come out in force to finish the job while the GOP continues to work across the isle.


2 posted on 11/24/2012 4:18:03 AM PST by ronnie raygun (bb)
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To: Kaslin

maxine


3 posted on 11/24/2012 4:32:49 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
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To: Kaslin

What a complete farce this country has become! The nation has been high-jacked by a bunch of low-lifers!


4 posted on 11/24/2012 4:44:55 AM PST by kenmcg (scapegoat)
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To: ronnie raygun

Along with Waters, Dodd and Frank should be looked at by federal grand juries.

Justice is dead.


5 posted on 11/24/2012 4:52:57 AM PST by kjo (+)
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To: Kaslin

Maxine Waters stated she wasn’t afraid of anybody.

Hell no !!! she doesn’t have to be.
1. She is Black
2. She is a woman
3. She is a Democrat
4. She is in the Black Congressional Caucus.
5. She is a Congresswoman.

She has immunities she hasn’t even used yet.

This is a typical example of what is running this country.

The Ethics Committee should hide in shame.
Ethics???? They don’t know the meaning of the word.
Our country is being run by elected criminals.
Liars.
Thieves.
Con Artists.
Corrupt ex-lawyers in political office.
Drunks.
and a few cowards who just go along to get along, living off Congressional salaries and sucking up the perks.


6 posted on 11/24/2012 4:56:55 AM PST by Venturer
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To: Kaslin

The GOP was in charge of the house so they could have pursued this but didn’t want to appear racist and poison relations reaching across the aisle.
GOP Gelding Old Party


7 posted on 11/24/2012 4:57:04 AM PST by bonehead4freedom
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To: FrankR
The difference is that the box of rocks, the bar of soap, and the bag of hammers all serve some use to the people who use them. On the other hand Maxine is a USER, who uses her position to enrich herself and ensure she keeps her foot on the throat of anyone who doesn't kowtow to her.

Mark

8 posted on 11/24/2012 5:01:32 AM PST by MarkL (Do I really look like a guy with a plan?)
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To: MarkL

Caligula’s horse was smarter!


9 posted on 11/24/2012 5:04:11 AM PST by Dr. Ursus
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If functionally retarded Patty Murray can be named to the debt-reduction Super Committee (look how that’s working out), it’s completely understandable that someone like Maxine Waters should write bank laws.

The people with some intelligence can be the devious, while people like Murray and Waters can be of use to the traitors by being their natural, stupid selves.


10 posted on 11/24/2012 5:11:24 AM PST by Hayride
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To: Kaslin; kristinn

I still remember Kerosene Maxine shaking her ass at us in utter contempt that day in front of the white house.


11 posted on 11/24/2012 5:36:40 AM PST by sauropod (For Barack so loved the poor, he created millions more of them.)
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To: Kaslin
Maxine Waters, ....a leadership position on the Financial Services Committee

Thank God we hold the house so Spencer Bachus is the chairman...

Here is the committie member list

On the demorat side reads like a who's who of socialist mental defects

http://financialservices.house.gov/about/members.htm

12 posted on 11/24/2012 5:38:43 AM PST by Popman
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To: ronnie raygun

To prosecute woud be racist. I,for one, will not Stand by and abide this...new “normal”. #war.


13 posted on 11/24/2012 5:43:52 AM PST by SueRae (It isn't over. In God We Trust.)
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To: Kaslin
and America takes another one in the........

14 posted on 11/24/2012 6:12:42 AM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Venturer

Too bad she doesn’t fear God.


15 posted on 11/24/2012 6:19:27 AM PST by TurkeyLurkey
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To: Kaslin

This makes me sick too. But I keep reminding myself that God is on His throne and will recompense to every man for his deeds.

Unfortunately, this is a consequence of a nation beset with a multitude of sins, let’s begin with 55 million abortions...that has led to God’s judgment of giving us what we deserve. And it doesn’t look as if many of us in this nation are sick enough of what we see...or do.


16 posted on 11/24/2012 6:25:44 AM PST by TurkeyLurkey
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To: Kaslin

But yet people keep electing her to office. It boggles my mind, and saddens me, to contemplate the stupidity of our electorate.


17 posted on 11/24/2012 6:29:36 AM PST by GP100
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Comment #18 Removed by Moderator

To: E. Pluribus Unum
We officially have a criminal government.

Ann Barnhardt has just published an 8-part video on the corruption of the US banking and financial system.

Here is the link to the workbook in PDF.

The Economy Is Going To Implode Pt.1 of 8

The Economy Is Going To Implode Pt.2 of 8

The Economy Is Going To Implode Pt.3 of 8

The Economy Is Going To Implode Pt.4 of 8

The Economy Is Going To Implode Pt.5 of 8

The Economy Is Going To Implode Pt.6 of 8

The Economy Is Going To Implode Pt.7 of 8

The Economy Is Going To Implode Pt.8 of 8

19 posted on 11/24/2012 9:04:19 AM PST by E. Pluribus Unum (Labor unions are the Communist Party of the USA.)
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To: E. Pluribus Unum

Just finished all eight parts. She really tells it like it is. Loved the part about how we elect morons to run our government. Explains Maxine perfectly.


20 posted on 11/24/2012 9:11:10 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: ronnie raygun

Petraes should be prosecuted for lying to congress. No congress person or appointee is under the law anymore. In fact, there is no “law” in D.C. These people can do anything they want. And you’ll notice I’m not talking about a particular party. They’re all the same.


21 posted on 11/24/2012 9:43:18 PM PST by Terry Mross (I haven't watched the news since the election. Someone ping me if anything big happens.)
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To: Terry Mross

-— . In fact, there is no “law” in D.C. -—

People don’t seem to be grasping this. We’ve turned a corner. The principle has been lost. Now it’s just a matter of watching where it goes.


22 posted on 11/24/2012 9:49:24 PM PST by St_Thomas_Aquinas (Viva Christo Rey!)
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