Thursday, September 01, 2011

Democrat Lawmaker Under Ethics Probe For Ties To 'Gangsta' Bank Wants to Tax 'Gangsta' Banks

Here is a classic case of the kettle calling the pot black. Read all the racist dog whistle crap you want into that.


Maxine Waters is still under an ethics probe for her connections to a bank that she lobbied heavily for to receive special favors from the imperial federal government.
The accusation against Waters is that she arranged a meeting in 2008 between Treasury Department officials and the National Bankers Assn., which represents minority-owned banks. But the only bank with representatives at the meeting was One- United Bank, on whose board Waters' husband had served and in which he owned thousands of shares of stock. OneUnited later received $12 million in government bailout money. Waters has denied any wrongdoing, insisting that her concern was for minority-owned banks in general.

The independent Office of Congressional Ethics referred the Waters case to the Ethics Committee in August 2009. An investigative subcommittee of the panel concluded last June that there was substantial reason to believe she violated the Code of Ethics for Government Service, as well as a requirement that members "behave at all times in a manner that shall reflect creditably on the House." She also was accused of violating the "spirit" of a rule against deriving compensation from an official act. Waters' "adjudicatory" trial by the committee was scheduled for Nov. 29 but was postponed, supposedly because of new evidence
. The way things move in Washington I don't expect to see much in the way of progress in the ethics probe since they have a bad habit of protecting their own, but you would think somebody who has such deep connections to a 'gangsta' bank would choose their rhetoric a little more closely.

1 comment:

Beckoning said...

Oh no, you mean Maxine Waters might have to face that same terrifying punishment meted out to Charlie Rangel?  My blood runs cold!