The Frank Dodd Act is still effing up our national business and banking economy.
And Mad Max could probably be even worse.
Posted on 11/20/2018 2:33:48 PM PST by jazusamo
Considering her record and documented history of poor ethical and moral fitness, it’s outrageous that Maxine Waters is up for chair of the ultra-powerful House Financial Services Committee, which has jurisdiction over the country’s banking system, economy, housing, and insurance. With Democrats taking control of the House of Representatives, come January the 14-term California congresswoman is expected to head the committee, which also has jurisdiction over monetary policy, international finance, and efforts to combat terrorist financing.
Throughout her storied political career, Waters has been embroiled in numerous controversies, including abusing her power to enrich family members, getting a communist dictator to harbor a cop-murdering Black Panther fugitive still wanted by the Federal Bureau of Investigation (FBI) and accusing the Central Intelligence Agency (CIA) of selling crack cocaine in black neighborhoods. A few months ago, the 80-year-old Democrat from Los Angeles encouraged violence against Trump administration cabinet members. “If you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them and you tell them they are not welcome anymore, anywhere,” Waters said at a summer rally in Los Angeles. Judicial Watch filed a House ethics complaint against Waters for encouraging violence against Trump Cabinet members.
Among her most corrupt acts as a federal legislator is steering millions of federal bailout dollars to her husband’s failing bank, OneUnited. Waters allocated $12 million to the Massachusetts bank in which she and her board member husband held shares. OneUnited subsequently got shut down by the government and American taxpayers got stiffed for the millions. Judicial Watch investigated the scandal and obtained documents from the U.S. Treasury related to the controversial bailout. The famously remiss House Ethics Committee, which is charged with investigating and punishing corrupt lawmakers like Waters, found that she committed no wrongdoing . The panel bought Waters’ absurd story that she allocated the money as part of her longtime work to promote opportunity for minority-owned businesses and lending in underserved communities even though her husband’s bank was located thousands of miles away from the south Los Angeles neighborhoods she represents in Congress.
The reality is that without intervention by Waters OneUnited was an extremely unlikely candidate for a government bailout through the disastrous Troubled Asset Relief Program (TARP). The Treasury Department warned that it would only provide bailout funds to healthy banks to jump-start lending and OneUnited clearly didn’t meet that criteria. Documents uncovered by Judicial Watch detail the deplorable financial condition of OneUnited at the time of the government cash infusion. The records also show that, prior to the bailout, the bank received a “ less than satisfactory rating.” Incredibly, after that scandal Waters was chosen by her colleagues to hold a ranking position on the House Financial Services Committee she will soon chair. The only consequence for blowing $12 million on her husband’s failing bank was a slap on the hand to Waters’ chief of staff (her grandson) for violating House standards of conduct to help OneUnited.
Waters, who represents some of Los Angeles’ poorest inner-city neighborhoods, has also helped family members make more than $1 million through business ventures with companies and causes that she has helped, according to her hometown newspaper. While she and her relatives get richer (she lives in a $4.5 million Los Angeles mansion), her constituents get poorer. The congresswoman was also embroiled in a fundraising scandal for skirting federal election rules with a shady gimmick that allows unlimited donations from certain contributors. Instead of raising most of her campaign funds from individuals or political action committees, Waters sells her endorsement to other politicians and political causes for as much as $45,000 a pop.
It wouldn’t be right to part without also noting some of Waters’ international accolades. She has made worldwide headlines for her frequent trips to communist Cuba to visit her convicted cop-assassin friend, Joanne Chesimard, who appears on the FBI’s most wanted list and is also known by her Black Panther name of Assata Shakur. Chesimard was sentenced to life in prison after being convicted by a jury of the 1979 murder of a New Jersey State Trooper. With the help of fellow cult members, she escaped from jail and fled to Cuba. Outraged U.S. lawmakers insisted she be extradited but Waters always stood by her side, likening the cop-assassin to civil rights leader Martin Luther King. In fact, Waters wrote Cuban Dictator Fidel Castro a letter to assure him that she was not part of the group of U.S. legislators who voted for a resolution to extradite the cop murderer. Waters told Castro that she opposed extradition because Chesimard was “politically persecuted” in the U.S. and simply seeking political asylum in Havana, where she still lives.
In the 1980s Waters accused the CIA of selling crack cocaine to blacks in her south-central Los Angeles district to raise millions of dollars to support clandestine operations in Latin America, including a guerrilla army. During the infamous 1992 Los Angeles riots the congresswoman repeatedly excused the violent behavior that ironically destroyed the areas she represents in the House. She dismissed the severe beating of a white truck driver by saying the anger in her district was righteous. She also excused looters who stole from stores by saying they were simply mothers capitalizing on an opportunity to take some milk, bread, and shoes.
Should this ethically and morally challenged individual, who has repeatedly displayed behavior unbecoming of a federal lawmaker, be at the helm of an influential congressional committee that oversees the financial sector?
The Frank Dodd Act is still effing up our national business and banking economy.
And Mad Max could probably be even worse.
Maxine Waters Unfit to Live.
The only chair she’s qualified for is the Electric Chair.
Use the popular 'C' word, COLLUSION! She is colluding with her alter egos to bring about the promised land of "Never Trump"! Her bats have fled her belfry and she is bereft of any sense or sense of sanity! California, when you wake up, recall your idiot, PLEASE!
Barney the lisper was a total load.
“Maxine Waters Unfit to Chair House Financial Services Committee”
That means she is a shoo-in by democrat standards.
What does being unfit have to do with anything? Obama was as unfit as it was possible for anyone to be, yet the idiot half of the nation thought it was a good idea to hand this imbecile power.
Agree of course. But meanwhile, won't anything from the Democratic House be voted down by the Senate or vetoed by Trump anyway?
Posted: May 23, 2008
2008 WorldNetDaily
A report by Fox News, captured in a clip posted on YouTube.com (Must see video! https://www.youtube.com/results?search_query=maxine+waters+socialize) , showed Waters challenging the president of Shell Oil, John Hofmeister, to guarantee the prices consumers pay will go down if the oil companies are allowed to drill wherever they want off of U.S. shores.
Hofmeister replied: "I can guarantee to the American people, because of the inaction of the United States Congress, ever-increasing prices unless the demand comes down."
The Shell exec said paying $5 at the pump "will look like a very low price in the years to come if we are prohibited from finding new reserves, new opportunities to increase supplies."
Waters responded, in part, "And guess what this liberal would be all about. This liberal will be about socializing … uh, um..."
The congresswoman paused to collect her thoughts [for about 5-6 seconds this went on, while her colleagues behind her laughed].
"...would be about, basically, taking over, and the government running all of your companies..."
The oil executives responded, according to Fox News, by saying they've seen this before, in Hugo Chavez's Venezuela.
Article: Congresswoman threatens to nationalize oil industry Maxine Waters warns Shell president in House committee hearing:
http://web.archive.org/web/20090116083410/http://www.wnd.com/index.php?fa=PAGE.view&pageId=65111
Yet ZERO Democrats ever question her gravitas or fitness for office. OTOH, look at the shots POTUS takes from GOPe on down to grassroots conservatives here on FR. There is a lesson there, IMO.
I seriously doubt the Democrat House has any intention of bipartisanship so I sure hope so.
"During the days immediately preceding the violence, RCP [The Revolutionary Communist Party] -- which maintained close ties to the L.A. gangs known as the Crips and the Bloods -- had circulated throughout South Central Los Angeles a leaflet featuring a statement by RCP National Spokesman Carl Dix, titled 'It's Right To Rebel' -- a quote popularized by Mao Zedong.
Encouraged by Dix, RCP activists helped lead the riots that would leave 58 people dead, more than 2,300 people injured, some 5,300 buildings burned, and $1 billion in property damaged or destroyed. On the ten-year anniversary of the rioting, RCP member Joseph Veale fondly recalled the violence as 'the most beautiful, the most heroic civil action in the history of the United States.'"
http://www.discoverthenetworks.org/groupProfile.asp?grpid=6197
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Here is a link to his (Carl Dix) Twitter page, where he provides updates, and various other info on current events, in case you want to monitor their activities.
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"NEVER FORGET that Maxine Waters embraced Damien Williams, the infamous thug who hurled a chunk of concrete at truck driver Reginald Denny and performed a victory dance over this innocent man’s battered body. Maxine Waters even visited Damien Williams’ mother to offer her support.
Williams was sent to prison on a single felony charge of mayhem, but when his accomplices got off, Waters joined in the celebration. Damien Williams was released a few years later and went on to [commit] murder... Also, no surprise, he was a member of the Crips."
______________________________________
Maxine Waters on the Los Angeles riots of 1992 (Rodney King riots):
"In defense of the people that looted stores and damaged property, [Maxine] Waters said 'If you call it a riot it sounds like it was just a bunch of crazy people who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.'[5]
She also said it was 'a spontaneous reaction to a lot of injustice' and 'The anger in my district is righteous. I'm just as angry as they are'. "
http://en.wikipedia.org/wiki/Maxine_Waters#Los_Angeles_riots_of_1992
YouTube · The Chadderbox
0:26
Maxine Waters Nationalizing Oil
Jun 5, 2013
The witch’s stupidity is beyond belief.
She’d have no qualms making our country another Fidel Castro Cuba.
Mad Maxine will take the job anyway, even if it does not lead directly to impeaching Donald J. Trump. Gives her plenty of opportunity to get in the faces of any number of bankers or Wall Street people, and harangue them for not conspiring to financially ruin all the members of Team Trump, forcing him and all his family to leave the White House in penury.
She might even follow them around to restaurants and into their places of business, to make her point.
Any corporation with debt/revenue ratio as high as our government is considered bankrupt.
Reginald Denny not dying in that horrendous attack was a miracle, and scum Waters defended those animals actions.
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