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Ethics charges against Rep. Maxine Waters, D-Calif., looking much worse and they were...
Washington Examiner ^ | September 17, 2010 | Mark Hemingway

Posted on 09/17/2010 1:36:51 PM PDT by jazusamo

Complete title: Ethics charges against Rep. Maxine Waters, D-Calif., looking much worse and they were bad to begin with

Things looked pretty bad when Congresswoman Maxine Waters was caught helping arrange a taxpayer bailout for a bank where her husband was a former board member and had a significant financial interest in. The House Ethics Committee report on the matter was pretty damning. Today, the Washington Post has a lengthy and terrific piece of reportage that shows the circumstances of the OneUnited Bank bailout are even more suspicious than previously thought:

From the moment Boston-based OneUnited Bank began seeking a federal bailout in the summer of 2008, it received special treatment that went beyond what the Treasury Department or the bank and its political supporters have previously disclosed.

Congress adjusted the law and regulators broke with customary practices, despite an explicit internal warning that the bank was in financial trouble. Among other exceptions, the bank was allowed to count as part of its capital $12 million in federal bailout money – before the aid arrived.

OneUnited was the only bank to receive all of these considerations among the 707 recipients of money from the Troubled Assets Relief Program, according to documents and interviews.

A close look at how OneUnited – which is now at the center of an ethics investigation involving Rep. Maxine Waters (D-Calif.) – won bailout money shows how the Treasury Department, federal regulators and another influential lawmaker helped it despite its record of bad investments and extravagant spending.

Read the whole thing. And in a related story, The Hill reports three Maxine Waters aides were kicked out of a speech by Speaker of the House Nancy Pelosi for protesting the ethics charges against their boss:

Three staffers working for embattled Rep. Maxine Waters (D-Calif.) were asked by security officers to leave an event in downtown Washington on Thursday after they tried to display large campaign signs just as House Speaker Nancy Pelosi (D-Calif.) was about to speak.

The aides were holding lawn signs that defended Waters from the ethics charges she is facing in the House.

“Let’s fight for Maxine Waters,” read a headline on the signs above a large picture of the congresswoman. Smaller headings read: “No improper action. No benefit. No failure to disclose. No one influenced. No case!”

Well, that was probably awkward for the Democratic leadership. Making things even more interesting, Waters seems hell bent on maxing out the race card:

Waters told The Hill afterward that the staffers had been displaying the signs at the annual legislative conference for the Congressional Black Caucus (CBC) Foundation, which was held at the Washington Convention Center a few blocks away. “It ain’t about Nancy. It’s about black people,” Waters said. … “These signs will show up wherever large numbers of African-Americans gather,” Waters said.

Nothing projects an air of innocence quite like screaming “Racism!” while paying staff members to protest your own party’s leadership.



TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: cbc; cultureofcorruption; ethics; oneunitedbank; waters
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1 posted on 09/17/2010 1:36:53 PM PDT by jazusamo
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To: jazusamo
Oh, like this is a surprise.
2 posted on 09/17/2010 1:38:05 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Steely Tom

I hear you...The surprise for me is the WaPo writeup.


3 posted on 09/17/2010 1:39:31 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

Uh, you mean the Examiner.


4 posted on 09/17/2010 1:42:18 PM PDT by BradtotheBone (Moderate Democrat - A politician whose voting record leans left and whose vote can be bought.)
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To: jazusamo

...but, but, but, it doesn’t matter. like all other cbc members, their constituents will elect them if they kill puppies/baby ducks/baby seals on the capitol steps.


5 posted on 09/17/2010 1:42:26 PM PDT by devane617 (November!)
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To: BradtotheBone

No, I think the Examiner is basing it’s story on a story in the Washington Compost.


6 posted on 09/17/2010 1:43:02 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: jazusamo
But she's a Democrat.

Ethics don't matter, except when they're holding Republicans to account for theirs.

7 posted on 09/17/2010 1:43:10 PM PDT by TheClintons-STILLAnti-American
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To: BradtotheBone

No, the WaPo piece that’s linked at top of article.


8 posted on 09/17/2010 1:43:19 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

DimoKKKRATS don’t care. Heck the just voted overwhelmingly for Rangel.


9 posted on 09/17/2010 1:45:34 PM PDT by Parley Baer
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To: Steely Tom

Best image I could find

10 posted on 09/17/2010 1:45:46 PM PDT by bert (K.E. N.P. N.C. +12 ..... Greetings Jacques. The revolution is coming)
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To: jazusamo

Doh! Skimmed that part :0)>


11 posted on 09/17/2010 1:45:46 PM PDT by BradtotheBone (Moderate Democrat - A politician whose voting record leans left and whose vote can be bought.)
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To: jazusamo

Isn’t she special??What a joke, why this crook has not been removed is the question? someone on the out side steals and they are Jailed, in the crime ridden house it is no big deal and business as usual.She should get 20 Years.


12 posted on 09/17/2010 1:46:17 PM PDT by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: devane617

You’re right, CBC members are electable no matter what unless they’re in jail and I’m not too sure that disqualifies them. :)


13 posted on 09/17/2010 1:47:06 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo
Well, this just begs for the recent song we discussed on another thread. So, here it is:

“Let the Hope Shine in (Age of Entitlement)” (to the tune of “Let the Sun Shine In” (Age of Aquarius)

When the moon...bats fill the People's House

And stupid herds are lined up hard

For freebies, perks and handouts

And welfare and green cards!

This is the dawning of the Age of Entitlement

The Age of Entitlement

Entitlement! Entitlement!

"bridge":

Of your needs, we're understanding

Businesses will take a pounding

No more work or hard decisions

Gold-brick living, free as pigeons

Taking crystal meth vacations

Soon we'll all be poor as Haitians

Entitlement! Entitlement!

Chorus:

Let The One shine!

Let The One chime in,

The One chimes in:

"It's 'get your pork' time!

"Theft's no more crime

"It's 'get your pork' time, Jim!"

Lyrics by andy58-in-nh

14 posted on 09/17/2010 1:47:31 PM PDT by SoldierDad (Proud Papa of two new Army Brats! Congrats to my Soldier son and his wife.)
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To: jazusamo; Interesting Times
Nothing projects an air of innocence quite like screaming “Racism!” while paying staff members to protest your own party’s leadership.

Man do I love this line. I wonder what Peter Jennings would have thought of that line.

Regards,

TS

15 posted on 09/17/2010 1:47:43 PM PDT by The Shrew (www.wintersoldier.com; www.tstrs.com; The Truth Shall Set You Free!)
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To: SoldierDad

BUMP! :-)


16 posted on 09/17/2010 1:52:37 PM PDT by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: TheClintons-STILLAnti-American

Illegal activities and unethical behavior are resume enhancers for Democrats.


17 posted on 09/17/2010 1:53:59 PM PDT by Jackson57
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To: Jackson57
"Illegal activities and unethical behavior are resume enhancers for Democrats."

IF ONLY that were just a cynical joke!

18 posted on 09/17/2010 1:57:09 PM PDT by TheClintons-STILLAnti-American
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To: jazusamo

Don’t forget tyhat Barney Frank is involved in this also

http://hotair.com/archives/2010/09/17/oneunited-received-more-preferential-treatment-than-first-disclosed/


19 posted on 09/17/2010 2:06:35 PM PDT by Roccus (......and then there were none.)
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To: jazusamo

I’m thinkin’ there’ll be a newbie raking the greens at the Maxwell AFB golf course in fairly short order...

Colonel, USAFR


20 posted on 09/17/2010 2:11:43 PM PDT by jagusafr ("We hold these truths to be self-evident...")
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