Maxine Waters is a member of the Democratic Socialists of America. Her slip of the tongue a while back might be a clue as to what our socialist future will be like with companies in the hands of the cronies in DC:
Maxine Waters was once named the most corrupt member of Congress, which is not surprising for a socialist. They are thieves – that’s what they do.
During our financial crisis of 2008, she used her position to push Treasury officials into meeting with OneUnited Bank. She failed to mention that her husband held stock in the banks.
Congress’ ethics investigation led nowhere which is where almost all of them end up. It took three years and cost $1.3 million in taxpayer dollars to do nothing. This could be one of the reasons that Congress has a 10% approval rating.
She got away with it, allegedly due to the lack of sufficient evidence, but Mikael Moore, her chief of staff, was charged with three ethics violations and his severe punishment was a letter in his file.
Moore is Water’s grandson, but don’t worry, the Ethics Committee has recommended changes to House nepotism rules that will bar lawmakers from hiring their grandchildren. Don’t hold your breath waiting for that to happen though.
Now that she has been “cleared,” she has taken Barney Frank’s job as the new Ranking Member on the House Financial Services Committee and it puts her in charge of banking and more.