Massachusetts Rep. Barney Frank, the powerful top Democrat on the House Financial Services Committee, announced Monday that he is retiring from the seat he has held for more than three decades…His decision will almost certainly have ripple effects as Democrats compete for Frank’s committee slot. Rep. Maxine Waters (D-Calif.), the second-ranking Democrat on the Financial Services Committee, has already started making calls to colleagues to try to shore up support to succeed Frank in her party’s top post on the panel. [Politico]
Maxine Waters
Yes, the rest of the House Financial Services Subcommittee on Oversight and Investigations members will be there but, fingers crossed, it’ll feel like the Representative from California and the former Goldman Sachs CEO are the only two people in the room. This is her moment. This is the one we’ve been waiting for. Dot will be connected. Spots will be blown up. Stay tuned. [Bloomberg, related]
Maxine Waters Wants To Know Why John Mack’s Wife Got Money From Ben Bernanke And African American People Got None
By Bess Levin
Earlier today, Ben Bernanke had the pleasure of sitting down for a little Q&A with Congress about the economy. Former Real World cast member Sean Duffy inquired as to whether or not raising taxes would hurt job growth. Ron Paul asked if gold is money and had his mind blown when he was told it was not. And Maxine Waters wanted to know why two white bitches got money from TALF when minority-owned banks didn’t see a dime. Continue reading »
As you may have heard, Congresswoman Maxine Waters is currently being investigated on charges she arranged stimulus funds for a minority-owned bank in which Mr. Waters owned stock. Max maintains her innocence and wants a public trial to be held “as quickly as possible so she can clear her name.” In the meantime Ms. Waters says she’s gonna be putting a few people on trial herself– two of the biatches investigating her. Continue reading »
“It’s proven by the fact that you have millions of people who are in foreclosure who never should have been in foreclosure. This just didn’t happen because there were a lot of irresponsible people. Think about it. This is unprecedented, that this many people, all of a sudden, would be in foreclosure. What went wrong?” she asked Mark Haines. “I’ll tell you what went wrong. These exotic products that were put on the market tricked people into mortgages they could not afford. They had mortgages that reset that they never anticipated would reset, where the interest rates were double, where their mortgage payments were double. They never anticipated that. They didn’t know what they were getting into. This is not just some irresponsible homeowner. This is massive fraud…On a macro level, policy for the whole country, I still don’t understand how you get around the moral hazard without just simply saying all of the contracts that are out there are not worth the paper they’re printed on.” Continue reading »
As previously mentioned, Maxine Waters has been accused of some questionably ethical dealings. The Congresswoman from California has denied that she’s violated any house rules and as a result, will take part in a public hearing rather than admitting to any wrongdoing. Naturally you can expect any hearing involving Waters to be an extremely entertaining event but today the Boston Herald takes one for the team, raising a few points that ensure there will be a minimum of, ballparking it, 5 delightful awkward exchanges, vis-a-vis a pal of hers named Kevin who allegedly has a coke, sodomy and Porsche problem. Continue reading »
“I have not violated any House rules,” Waters said in a statement today. “Therefore, I simply will not be forced to admit to something I did not do.” Instead, the Representative from California will be taking part in a public hearing “rather than admitting to any wrongdoing.” The House Ethics Committee has said it formed an “adjudicatory subcommittee” to deal with the matter/hold the showdown, and while at this time they probably do not have plans to consider allow Waters to question herself, I think it’s most certainly something that should be considered. Honestly. Just take a moment to imagine the fireworks of Waters on Waters. They could sell tickets and make it a pay-per-view event. Don’t say no, just say maybe, and get a taste of what could be. Continue reading »
- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
