Free Republic

Maxine Waters' Leaky Argument Can't Wash Away Banking Scandal Dirt Banks pushed risky loans to people who could not afford them. Homeownership was promoted as a right for all instead of one for those who saved. Since the mortgage bubble burst, leaving many in financial trouble, a lot of anger has been directed at banks and the bankers involved. Lawmakers are worked up in a lather, but this should not remove them from scrutiny. In the case of Congresswoman Maxine Waters (D-CA), criticism of her involvement in one aspect of this crisis is extremely justified. Yet she is playing the...

PALOS HILLS, Ill. (AP) A local bank has closed a mosque's account after it donated money to an Islamic charity under federal investigation for allegedly helping terrorists. Family Bank and Trust Co. closed the account of the Mosque Foundation in Bridgeview after the mosque wrote two checks to the Islamic American Relief Agency, according to the mosque's imam, Sheikh Jamal Said. Mosque Foundation president Oussama Jamal said the mosque made its donations in August and September, before the federal government froze the charity's assets and raided its Missouri offices in October. The Treasury Department alleged Islamic American Relief was part...