Monday, August 2, 2010

Sister Maxine Joins Brother Charlie on the Hot Seat

Maxine Waters, three times voted to the Citizens for Responsibility and Ethics in Washington's list of the year's 15 most corrupt congressmen, joined her banking buddy Charlie Rangel in the dog House as the House Ethics Committee filed charges that Maxine had improperly acted "improperly" when she requesting federal help for a bank where her husband was a board member and owned stock. Of course, Maxine quickly denied that she'd done the deed.

Here's what they say happened. Maxine set up a meeting in September 2008, between the U.S. Treasury Department and OneUnited Bank. It was a begging meeting to help OneUnited get in on the Troubled Asset Relief Program (TARP) bailout. OneUnited had been nearly wiped out because of it's heavy investment in Freddie Mac and Fannie Mae just prior to the big collapse and government takeover. Apparently, as a result of the meeting, the bank landed $12 million in TARP money. The kicker is, Maxine's hubbie is on OneUnited's board.

This is not the first time Maxine has attempted to bring home the bacon for friends and folks in her district. Her kinfolk made a million bucks in 8 years doing business with companies helped by Waters from Washington.

Waters' colorful history also includes my favorite pieces of sleazy video. First up, Maxine spills the beans about being pro-socialism....

...or this one (about halfway through the video where Maxine is telling us Fannie Mae is okay, just months before the whole thing came down like a house of cards.

She won 70% of the vote in her district last time. You wonder whether the folks who keep re-electing her are as corrupt as she is.

Oh, and congrtulations on the Porker of the Month award a few months ago where she tried to snare an earmark for a school to be named after ..............

You guessed it.


Should be an interesting election and aftermath. Kind of like the Wreck of the Old 97 or the Tunguska blast.

I'm just sayin' that's all.


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