FLASHBACK: Democrat Rep. Maxine Waters on U.S. House Ethics against Newt Gingrich (video)
Posted by FactReal on August 3, 2010
|DEMOCRAT 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 words from 1995: “What is good for the goose is good for the gander. No one should be so big, so important, so powerful they can violate the rules of this House and the laws of this country without suffering the consequences. Maxine may be a Congresswoman, however, she, too, must account for any and all wrongdoing. It is about time.”
Aren’t liberals supposed to be sympathetic and nonjudgmental?
MAXINE WATERS ON 12/7/1995: “No, we have not forgotten. We thought you had. But finally after the filing of many complaints against Speaker Newt Gingrich and 14 months later, the House Ethics Committee found the Speaker guilty, guilty, guilty on one, two, three counts of violating House rules by misusing official resources and the committee appointed a special outside counsel to investigate another serious charge about the Speaker’s political GOPAC operation.
Well, it is about time. Believe me, the American public does not appreciate double standards. What is good for the goose is good for the gander. No one should be so big, so important, so powerful they can violate the rules of this House and the laws of this country without suffering the consequences. Newt may be Speaker, however, he, too, must account for any and all wrongdoing. It is about time.
Let us get on with the business of finding out who Newt Gingrich really is.”
|Maxine Waters’ Charges
“Maxine Waters stands accused of using her influence to help out a troubled bank in which her husband had a significant financial interest. According to the report filed by the bipartisan Office of Congressional Ethics: “There is substantial reason to believe that Rep. Waters may have violated House Rule 23, Clause 3 and House precedent regarding conflict of interest.”
The charges stem from a call that Waters made in late 2008 to then Treasury Secretary Henry Paulson after the housing bubble collapsed. The California congresswoman admits that she made the call, setting up a meeting between Paulson and officials representing OneUnited Bank. The minority-owned, Massachusetts-based financial institution had invested heavily in Fannie Mae and Freddie Mac and, like many other banks, took a painful hit when those two corporations went bust. OneUnited would later receive $12 million in TARP funds and the bank remained solvent thereafter.
The conflict of interest charges arise from the fact that Waters’ husband owned $250,000 worth of stock in OneUnited at the time that the congresswoman made the call to Paulson, after officials from OneUnited turned to her for help…So Maxine Waters did what any concerned citizen might do when worried about an investment gone wrong: she put in a call to the Secretary of the Treasury of the United States of America.”
|More on Waters
– RAP SHEET: Democrat Maxine Waters
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– Maxine Waters admits she didn’t read the Stimulus Bill (video mark 5:25)
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