Posted on 08/02/2010 12:25:51 PM PDT by Bokababe
WASHINGTON -- A House investigative panel has charged California Democratic Rep. Maxine Waters with violating ethics rules.
Waters, a senior member of the House Financial Services Committee, would face a trial in the fall unless she negotiates a settlement.
If the case goes to trial, Democrats would have the political headache of two ethics trials - one for Waters and another for Rep. Charles Rangel of New York. ....
(Excerpt) Read more at washingtonpost.com ...
“Rangel, Waters, — this is clearly a case of racism!/s”
You may put a sarcasm tag, but we’ve seen this movie before. The Dems and their lap dogs in the media will portray the Democrat’s lack of ethics as alternately: Republican racism, or Republican attack machine powered by the racist tea party.
It’s criminality squared.
Translation: she got caught
House rule #1 - Don’t get caught.
Ethics committee recommends harsh censure.
Waters decries racism.
Is let off in the end.
And she gets re-elected this fall.
Thus is life in Obamaland....
Actually, I think the Congressional Black Caucus has a right to be upset at their party. Why Rangel and Waters, and not Dodd and Conrad?
“...The Senate Ethics Committee has already investigated whether “VIP” Countrywide loans given to Sens. Chris Dodd (D-Conn.) and Kent Conrad (D-N.D.) violated ethics rules; both senators were cleared of any rule violations...”
Above article here: http://www.cbsnews.com/8301-503544_162-20010678-503544.html
But House officials confirmed that the case involved communications Ms. Waters had in fall 2008 with federal officials that at least indirectly touched on the fate of OneUnited, a Boston-based bank with branches in Massachusetts, Florida and California. At the time of Ms. Waters’s phone calls, her husband, Sidney Williams, had recently resigned as a board member of OneUnited but still owned stock in it. OneUnited, like many banks at the time, was in a desperate position after losing $50 million worth of stock it had held in the housing finance companies Fannie Mae and Freddie Mac, following their federal takeover.
Ms. Waters’s lawyers have argued that her appeals to the Treasury Department were on behalf of the National Bankers Association, a decades-old industry group that represents dozens of banks owned by minorities and women. The association’s membership includes OneUnited, and the bank’s top executive, Robert P. Cooper, was then the chairman-elect of the group. (Excerpt) Read more at nytimes.com ...
===========================================
ANALYSIS----CONG WATERS' HUSBAND HAS TIES TO BANK THAT RECEIVED FEDERAL BAILOUT FUNDS. Authorities need to determine whether Mr Waters colluded to engage in money-laundering activities which may have involved (1) violating state and federal RICO statutes; (2) securities fraud, (3) mail fraud (4) electronic fraud, (5) corporate theft (6) failing to report wrongdoing (7) breach of fiduciary duty (8) running a non-profit as an illegal racketeering enterprise, (9) accounting fraud, (10) using and creating slush funds.
ACTION NEEDED An external audit might uncover millions missing through government fraud.
Investigators might find that charges could be filed, into embezzlement schemes. Prosecutors might use RICO as a lever to pry open the massive cover-up of government corruption that is available through “discovery” within the named entities. The RICO device might refresh the memories of recalcitrant wrongdoers, and might expose primary evidence.
L/E might prosecute individuals along with their co-conspirators, and subsets of them, on RICO charges, on grounds that they conspired to keep taxpayers from learning of the scope and dimension of government fraud, and schemes designed to cheat taxpayers.
Phony official financial reports may have hidden theft; bank accountants and bookkeepers may have been employed in order to keep thievery secret.
Taxpayers demand to know if the Waters' received money from banks and other financial institutions in the form of loans, bonuses, equity positions in business entities doing business with the bank. Investigations may find that others signed off on paperwork and financial forms prepared or verified as true by the Waters.
==============================================
ANALYSIS
Did the Waters file false bank loan applications to take equity positions in companies doing business with his bank, then conspire to payoff the bank loans by rigging and inflating bids for government contracts, then paid off bank loans when the tax monies rolled in?
In raids of the suspects' homes and offices, law enforcement might find evidence of the financial trail that linked government fraud and monies to personal payments for cars, trips, luxury items.
The FBI should interrogate the Waters to determine if the bank received anything else of value ---such as political cover, and whether collusion to misuse Congessional influence was involved.
FBI TIP PAGE http://tips.fbi.gov/ (you may remain anonymous)
===================================
POSSIBLE CHARGES FACED BY CONG WATERS Official acts prohibited, misuse of Congressional funds, abuse of public office, violating oath of office, misuse of government position, abuse of government power; conflict of interest; influence buying; conspiracy to deceive; misuse of elective office, collusion, conspiracy to collude.
Waters' official campaign finance records filed with the FEC, and state election commission, should be scrutinized for possible violations. Determine if names of Waters' contributors are legit and whether Waters illegally used campaign funds, and/or whether Waters received campaign contributions to influence Congressional votes.
Waters may have colluded to give something of value, a govt gratuity, a job, etc, in exchange for getting govt monies to her husband.
Exactly and I will bet you a dollar both get censured
AKA= they tell us they slap their wrists and MAYBE a public hearing with cameras and call them to the carpet but it means nothing. It will go on their ‘records’ whoppie flip,and dumbass progressive communistic democRATS will still re elect them.
Jefferson, Conyers, Barry....Definately racists /sarc
Maxine Waters: Damn! My race card has always trumpted the truth before. Who changed the rules???
Expect John Conyers/Jesse Jackson/Al Sharpton to make a speech soon calling this a ‘far right’ witch hunt.
tut tut tut..... if you are black, not the back of the bus, under the bus!!
John Conyers was heard to say “there but the grace of God and my sacrificed wife go I”
So far very few get what this is REALLY about.
Obama wants both Maxine and Rangel gone. Why? ASK YOURSELF!!!!
Its because they will not relinquish control of their constituencies for the Obama radical agenda.They want to keep and preserve their carefully constructed systems of black patronage in their constituencies.They are entrenched. Obama wants these constituencies radicalized the way Chicago is, he wants them to rise up against the white establishment, he wants fire brands to take their places. So far the purge of moderate democrats who want the old system left in tact has gone on quietly,many refusing to re offer for election in November.These two will NOT go quietly.
And they are fighting the evolution of fascism to preserve their carefully built hand out systems and pay offs.Harry Reid is as bad as either Rangel or Waters, yet he goes along with the Obama plan.Maxine and Rangel do not.They have become problems, because Obama wants something that they are willing to prevent at all costs, the totalitarian evolution of the Obama plan inside their constituencies at the destruction of their own native political systems.
They are giving Obama gas. And I like it. I hope they both fight Obama fascism tooth and nail.Eventually he be gettin’ around to you and me.Maybe if we pay attention, we will learn a thing or two about how to fight Obama when he comes for us.
And Obama is a fascist. No doubt about that. No doubt at all:
http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html
For Waters, this would be a resume enhancement to her constituents.
I bet they never dreamed that with Obama in office, that they would face charges. I bet Maxine is another sop to the mob.
I still say they are being sacrificed to satisfy the rage of the citizenry. To distract them from going after Obama.
Bingo. She'll play it as, "I was watching out for the little people."
“The politically charged decisions by veteran Democratic Reps. Charles Rangel of New York and Maxine Waters of California to force public trials by the House ethics committee are raising questions about race and whether black lawmakers face more scrutiny over allegations of ethical or criminal wrongdoing than their white colleagues.”
http://www.politico.com/news/stories/0810/40533.html#ixzz0vRvsizjD
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.