Posted on 11/28/2011 10:24:19 AM PST by freespirited
Wall Street executives already are bracing for the possibility that Rep. Maxine Waters (D-Calif.) will take over as the senior Democrat on the House Financial Services Committee from Rep. Barney Frank (D-Mass.).
Waters is in line for Frank’s spot and could become chairwoman of the panel if Democrats retake the House. Frank will announce Monday that he will not seek another term in the House.
The California liberal is seen as to the left of Frank, the architect of 2010’s Wall Street reform bill, on financial issues.
While banks and other financial institutions often battled Frank, he was seen as someone they could work with. Waters, in contrast, is seen as more of an opponent.
“She's not a good face of the issues,” one financial executive said. “She's too much of a bomb thrower.”
There are reasons to think Democratic leaders would look to someone other than Waters, the second-ranking Democrat on the panel, to take over for Frank.
Waters is wrestling with a long-running ethics investigation over whether she helped secure federal funding for a bank in which her husband owned stock and previously served as a board member. Waters has maintained her innocence, and two attorneys on the House ethics committee were placed on leave for mishandling the case. An outside attorney is now investigating the matter.
“They're going to go with people who are universally respected,” said the financial executive. But a trade group president and former Hill staffer believed the top spot is Waters's to lose. This source pointed out that Waters brings geographical and racial diversity to the committee.
Jumping over Waters to another Democrat would also be a headache for Democratic leaders, as it would risk angering the Congressional Black Caucus.
Great......
Going from a crazy Fat Azz, to an Azz that’s just plum Bat Crazy . . .
God help us.
Just when you thought it couldn’t get any worse.....
Hand, meet Cookie Jar.
“God help us.”
With idiots even God is helpless.
I don’t know, but I’m suspecting Shakespeare would’ve had a blast with some of these people and situations they’re in! Could you picture a play done by him nowadays about Washington D.C.? Yikes!
That is like the cat in charge of babysitting the mice.
Cha-ching!
Maxine Waters??????????? This Maxine waters? Oh Wall Street is gonna love her. NOT!
http://www.youtube.com/watch?v=OrA9zj94NuU
Maxine Waters is to the left of Frank? She is to the left of Marx.
Not to mention she is as dumb as a box of rocks.
EXACTLY!
To say that Maxine Waters (D-CA) is dumb as a box of rocks, insults both rocks and boxes. I prefer to say she’s dumber than dirt. That’s as basic as it gets.
No, she is a singularity, where not even light escapes. If I used the more common term I would be called a waaaaasciiiist.
Why does this matter?
House
Membership
435 Members
5 Delegates
1 Resident
Commissioner
Party Divisions
242 Republicans
192 Democrats
0 Independents
1 Vacancies
Who gives a f* who the RATS pick to replace the old faggot?
Or did the wimp Republicans cede leadership on Financial Services?
It only matters if RATS retake the House. I don’t think they will but some pundits seem to think they have an outside chance.
The 2008 election showed the parasites that they could vote themselves a paycheck.
:)
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