Skip to comments.Cleared of Ethics Charges, Maxine Waters Ready to Write Bank Laws
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 committees 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 DoddFrank 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 CREWs 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 heres 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 shed 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:
Im not afraid of anybody, Waters said at the summit in Inglewood, Calif. This is a tough game. You cant be intimidated. You cant be frightened. And as far as Im concerned, the tea party can go straight to Hell.
I think its 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 doesnt surprise me that using influence to secure a TARP loan for a bank that was mismanaged by your husband isnt unethical according to the standards of congress; or that using campaign funds and public money to enrich your own family doesnt 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.
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.
What a complete farce this country has become! The nation has been high-jacked by a bunch of low-lifers!
Along with Waters, Dodd and Frank should be looked at by federal grand juries.
Justice is dead.
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.
Corrupt ex-lawyers in political office.
and a few cowards who just go along to get along, living off Congressional salaries and sucking up the perks.
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
Caligula’s horse was smarter!
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.
I still remember Kerosene Maxine shaking her ass at us in utter contempt that day in front of the white house.
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
To prosecute woud be racist. I,for one, will not Stand by and abide this...new “normal”. #war.
Too bad she doesn’t fear God.
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.
But yet people keep electing her to office. It boggles my mind, and saddens me, to contemplate the stupidity of our electorate.
Ann Barnhardt has just published an 8-part video on the corruption of the US banking and financial system.
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.
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.
-— . 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.