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Dem Congresswoman Who Diverted Money to Husband’s Bank Now Ranking Member on Financial Services Committee

Posted By Daniel Greenfield On December 5, 2012 @ 5:23 pm In The Point | 18 Comments

We’re talking about Maxine “Diaper Looters” Waters of course. But let’s be fair here, it’s not like there were many other options.

Sure Maxine Waters diverted TARP money to a bank that her husband had been a director of, but she’s replacing Barney Frank whose picture is in the dictionary under “ethically challenged.” And Waters has paid for the job fair and square.

Rep. Maxine Waters has given approximately $207,000 to the Democratic Congressional Campaign Committee in recent weeks, bringing her total contribution this cycle up to $250,000 — the latest sign that the California Democrat is gearing up to assume a leadership position on the House Financial Services Committee.

The $250,000 figure doesn’t include some $11,000 that Waters has also handed out to Democratic candidates in California

Maxine Waters is the most senior member of the Congressional Black Caucus which means the Democratic Party is obligated to give her a plum seat. And the alternatives to her on the House Committee on Financial Services aren’t all that appealing either.

We’re talking Keith Ellison and Andre Carson here. We’re talking Nydia M. Velasquez and Luis Gutierrez here. We’re talking Emmanuel Cleaver who was sued by the Bank of America for non-repayment of a 1.5 million dollar loan. We’re talking Gregory Meeks who was named one of the most corrupt members of congress for his loan shenanigans.

We’re talking Joe Baca who was named one of the 10 worst congressman by right-wing magazine Esquire, for well this, “As chairman of the Congressional Hispanic Caucus, Baca steered CHC funds to the campaigns of his two sons. When Congresswoman Loretta Sanchez called him on it, he did the mature thing and called her a ‘whore.””

So Maxine Waters will be the ranking Democrats because all the other Democrats on the committee are just as bad.


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