Skip to comments.No House cleaning for dirty Waters
Posted on 05/01/2011 1:19:19 AM PDT by Scanian
While ethics watchdogs dither, it's shady business as usual for scandal-plagued Rep. Maxine Waters.
Last summer, the House Ethics Committee charged the California Democrat with three violations related to her dealings on behalf of minority-owned OneUnited Bank in Los Angeles. The panel accused Waters of bringing discredit to the House for using her influence to seek and secure taxpayer-subsidized special favors for the failing financial institution.
Eight months have passed since the House ethics panel charged Waters. But to date, there has been no action. Instead, Waters is busy ginning up opposition to GOP budget and entitlement reform, introducing regulatory crackdowns on the financial industry and waltzing into rallies as Aretha Franklin's "Respect" blares from the loudspeaker.
But this corporate welfare fixer is just another corruptocrat of a different stripe. To re-cap:
OneUnited Bank received $12 million in federal TARP bailout money after Waters' office intervened and lobbied the Treasury Department in 2008. The bank was seeking a government rescue from its reckless decision to squander nearly $52 million of its capital on Fannie Mae and Freddie Mac preferred stock.
After the federal bailout of Fannie/Freddie, OneUnited's stock holdings in the two plunged to a value estimated at less than $5 million. Only through Waters' intervention was OneUnited able to secure an emergency meeting with the Treasury and its then-Secretary Henry Paulson.
The bailout beggars did so under the guise of representing the "National Bankers Association."
(Excerpt) Read more at nypost.com ...
Don’t worry. Once the Republicans gain control of the House . . . uh . . .
She must have a photo of cry baby with a very young boy and a billy goat. . . . . .
Isn’t she the one who claimed the CIA introduced crack cocaine into the ghetto to eliminate the black race or some such nonsense?
Her IQ is about 60.
Isnt she the one who claimed the CIA introduced crack cocaine into the ghetto to eliminate the black race or some such nonsense?
Yep she’s right PLANNED PARENTHOOD the program that Al Sharpton and many other black leaders support including herself.
No one will touch her
They are frightened of this racist bitch!
The pubbies are afraid of this whore because she might call them racist.
For some reason, whenever Maxine Waters or Sheila Jackson Lee come up at FR, my mind wanders to threads calling for another Constitutional Convention.
Instead of the likes of Madison, King, Gerry I envision dozens of race hustlers and Marxists like Waters and Lee. Sorry.
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