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RAP SHEET: Democrat Maxine Waters

Posted by FactReal on March 13, 2009

DEMOCRAT GOT $12M BAILOUT FOR HUSBAND’S BANK
Democrat Congresswoman Maxine Waters (D-CA) had close ties to OneUnited Bank.Democrat Congresswoman Maxine Waters

THE RELATIONS & TACTICS
● Ms. Waters and her husband have both held financial stakes in the bank.
● Until recently, her husband was a director.
● At the same time, Ms. Waters has publicly boosted OneUnited’s executives and criticized its government regulators during congressional hearings.
● Last fall, she helped secure the bank a meeting with Treasury officials
● Ms. Waters acknowledged she made a call to the Treasury on OneUnited’s behalf

THE BRIBERY
● OneUnited’s executives have donated $12,500 to Ms. Waters’s election campaigns…
● Ms. Waters acquired OneUnited stock worth between $250,000 and $500,000…
● Ms. Waters reported that her husband held between $250,000 & $500,000 worth of the bank’s stock.
● Mr. Williams also received interest payments from a separate holding at the bank, also worth between $250,000 and $500,000…
● OneUnited eventually secured bailout funds under the government’s $700 billion Troubled Asset Relief Program (TARP)…
● The bank received $12 million of TARP money, which arrived in December.

 
FAMOUS QUOTE
Maxine Waters To CEOs: “This liberal will be all about SOCIALIZING, umm – will be about, basically taking over.” Maxine Waters, May 2008 (see video below)

 
SHE WANTS TO SOCIALIZE AMERICAN BUSINESS. SHE DETESTS CEOS.

LIBERALS WANT TO SOCIALIZE CORPORATIONS
(socialize = government takeover = socialism )
  SHE DRILLS CEOS FOR BAILOUT MONEY
She should be the one being drilled
 

BULLY:
Michelle Malkin describes the congresswoman’s browbeating style: “The bank CEOs sat meekly during Waters’ verbal floggingshe frothed at the mouth…Waters’ motor mouth kept on running… she thundered… Thumping her fists on the table, she then railed about their loan modification policies… Blustering about underwriting fees…she yelled: “You made money off the TARP money!…”Raise your hand! Raise your hand!” [Maxine Waters] shrieked as she harangued the executives on their business practices and management of federal bailout money. Sneering at the “captains of the universe” whom she refused to address by name (”You, Bank of America!”), Rep. Waters excoriated the corporate heads for their greed.”

CORRUPT HYPOCRITE:
Michelle Malkin also reports: “how aggressive Waters was in taking a lead role pushing congressional black caucus members to swallow the crap sandwich  [a.k.a. Stimulus Bill]. No disclosure of her own self interest in the matter…And here’s another reminder of minority racketeers pushing for their bailout cut with Waters’ assistance…“All of my political life,” Waters bragged, “I have been in disagreement with the banking and mostly financial services community because of practices that I have believed to be not in the best interest always of the very people that they claim to serve”… While she crusades against crony pseudo-capitalism, she is one of its most hypocritical beneficiaries and advocates. Cronyism comes in all colors. Waters has once again earned her title as one of the “Most Corrupt” members of Congress from the left-leaning (yes, left-leaning) Citizens for Responsibility and Ethics in Washington (CREW).”  Maxine Waters is one more example of “Democrat shakedown artists sanctimoniously lecturing others about the culture of corruption.”



HER BUSINESS OF RACE & HATE
Race hustler Maxine Waters
Culture of corruption banking hypocrite Maxine Waters 



SHE PROTECTED FANNIE MAE & FREDDIE MAC
She blocked regulators and defended the scammers of Fannie & Freddie.  She said: “We do not have a crisis at Freddie Mac.”   See the videos here: How Democrats created the Economic Crisis



RELATED:
America Times: Democrat owes you $12 Million
Michelle Malkin: Culture of Corruption Alert – the bank of Maxine Waters
Michelle Malkin: Race hustler Maxine Waters
WSJ: Waters helped bank whose stock she once owned
HotAir: Maxine Waters threatens to nationalize America’s Oil Industry
Stop The ACLU: Maxine waters to socialize the oil companies
Judicial Watch: Maxine Waters records

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3 Responses to “RAP SHEET: Democrat Maxine Waters”

  1. […] RAP SHEET: Democrat Maxine Waters « FactReal at […]

  2. […] RAP SHEET: Democrat Maxine Waters […]

  3. […] MAXINE WATERS’ LITTLE ETHIC PROBLEM: SHE GOT $12M GOVT. BAILOUT FOR HER HUSBAND’S BANK Now that Congresswoman Maxine Waters faces ethics charges herself, Americans can apply to her own […]

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