Monday, August 09, 2010

CNN BREAKING: Rep. Maxine Waters hit with 3 COUNTS by House Ethics Committee. Is her career done?

Maxine Waters (D-CA), Member of the U.S. House...Image via Wikipedia
BREAKING NEWS
By Randy Economy
August 9. 2010
10:30 a.m. PST
www.Economy4ABC.Blogspot.com

Washington, DC

The nightmare that has become the political career of Rep. Maxine Waters is beginning to look like a trainwreck.

CNN is reporting that Waters and Rep. Barney Frank are both in deep trouble today.

"The House ethics committee released a report Monday detailing three counts against Rep. Maxine Waters, D-California. 

The reports details alleged violations of House rules tied to the 10-term congresswoman's attempt to seek federal assistance for a bank with financial ties to her husband.

The committee rejected Water's request for the charges to be dismissed.

Waters said Friday that she is pushing the ethics panel to set a trial date before the midterm elections in November.

Waters, a senior member of the House Financial Services Committee, helped arrange a meeting in September 2008 between Massachusetts-based OneUnited Bank and Treasury Department officials, according to ethics investigators.

OneUnited Bank ultimately received $12 million in bailout funds.

According to Waters' 2008 financial disclosure statement, her husband had two investments in OneUnited at the time of the meeting. They were valued between $500,000 and $1 million."

CNN also has the 11-page report and it claims that Banking Committee Chairman Barney Frank "participated with full knowledge" in assisting Waters. 
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4 comments:

ABOUT TIME said...

Waters has ALWAYS been a CROOK...for more than 30 years she has stuffed her and her husbands pockets full of dirty money. I hope she gets JAIL time and I HOPE her GRANDSON and HUBBY get it also.

Anonymous said...

Why did she get a "free pass" all these years? She is DONE....I HOPE. Get another leader for this community.

Anonymous said...

Don't count Maxine,out, Randy. She is tough. Maybe not "THAT TOUGH" but this looks bad.... really bad.

Party IN DC! said...

Parties! Good times! Wine! Banquets! Beaches! Money! Laughter! Vacations! Golf! Personalized rock concerts at the White House! High fashion! Hollywood types fawning all over you!