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Maxine Waters defends herself publicly on ethics charges

By Perry Bacon, Jr.

In a highly unusual move to defend herself, Rep. Maxine Waters (D-Calif.) held a press conference Friday on Capitol Hill that included a presentation of a slideshow to rebut House Ethics Committee charges that she broke conflict-of-interest rules two years ago by helping arrange an infusion of more than $12 million in federal bailout funds for a bank in which her husband had hundreds of thousands of dollars in shares.

Most lawmakers defer to lawyers when trying to defend themselves from ethics charges, but Waters, joined by her chief of staff and grandson, Mikael Moore, blasted the ethics committee for its charges, cast herself as the defender of minority-owned companies all over the country and answered repeated detailed questions about the controversy.

Moore painstakingly went through slide after slide of e-mail messages and letters that he says prove Waters did not violate congressional ethics rules.

(Statement of charges)

Waters' 90-minute press conference made her the second Democratic member of Congress in four days to publicly try to rebut ethics violations, even as Democratic leaders have urged them to defer to the ethics committee's process. On Tuesday, Rep. Charles B. Rangel (D-N.Y) gave a rambling 37-minute speech contesting 13 alleged violations of House rules.

Waters, if nothing else, did not ramble. She carefully read a prepared speech, stood to the side as Moore gave a detailed defense and refused to take more than one question from any of the assembled reporters.

"I won't go behind closed doors, I won't cut a deal, I will continue to talk about the fact that I have not violated anything," a defiant Waters declared.
And the last slide read "no benefit, no improper action, no failure to disclose, no one influenced, no case."

(Photo gallery of Maxine Waters)

The House ethics committee released a report on Monday that said Waters' office improperly worked in September 2008 to press for aid to prevent the failure of Boston-based OneUnited Bank, which eventually stayed afloat with the help of money from the Troubled Assets Relief Program. The report says Moore specifically sent e-mails to aid the bank and suggests Waters improperly allowed her staff to play such a role.

Waters' husband had served on the bank's board, which also has offices in Los Angeles, where Waters lives. He owned stock in OneUnited that had declined in value from $350,000 in June 2008 to $175,000 two months later, and would have been "worthless" without the bailout funds, according to the ethics committee.

Eventually, the language in the TARP bill that passed in October 2008 in Congress included a provision that would aid small, minority-owned banks like OneUnited, and the bank received $12 million two months later.

(OneUnited Bank president's mixed record)

The dispute between Waters and the committee has roots in a meeting in September 2008 that included officials from OneUnited, Moore and Treasury Department officials. A call from Waters to then-Secretary of Treasury Henry Paulson set up the meeting, and Treasury officials have suggested it turned into a session with a major focus on OneUnited instead of all minority-owned banks.

Waters, who has long been one of the leading advocates on Capitol Hill for minority banks, argues she set up the meeting at Treasury to aid a group of minority banks that includes OneUnited. And she disputes that the work of her office had any bearing on OneUnited eventually getting TARP funds.

"I, as an African-American woman, must be aware of what I can do to open up the system to everybody and really this what this is all about," she said.

And then, lecturing the two dozen reporters and photographers in attendance, the nearly always combative congresswoman added, "I would love for you to be interested in these issues, I would love for your newspapers and your television stations to be interested in this work, but normally it's not sexy enough, it's not interesting enough, so I don't get heard. But we're in the middle of an investigation and the discussion is on."
Waters, like Rangel, has said she won't accept an admonition from the ethics committee, but instead will defend herself in a formal trial that is expected to start when Congress returns from its summer recess next month.

By Perry Bacon, Jr.  |  August 13, 2010; 1:10 PM ET
Categories:  44 The Obama Presidency  
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Comments

I always thought in America an individual was presumed innocent until proven guilty.

Congresswoman Waters has been accused of wrong doing under rather dubious circumstances. I still have not heard how she profited from her actions. Additionally, there is no evidence the misdoings she has been accused of are part of a pattern of behavior over the years.

Given the facts above I am rather upset after glancing through the comments from Post readers.

The apparent willingness of far too many of you to lump Congressman Rangel and Congressman Waters together as if they are co-conspirators is telling and should be an eye opener for the rest of us.

Until the Congresswoman is convicted by her peers I will remain loyal to her and, I will remain loyal to the fight she has championed on behalf of poor and working people since before she was elected to the California State Assembly three decades ago.

If you disagree with her politics, that’s our system in action.

Let’s debate. Let’s argue. Let’s allow the electorate to decide who has the best idea of how the future should look. However, can't we place the vile comments and character assassinations on the shelf?

At some point it’s our country we need to save not a political party.

Posted by: RWinLA | August 15, 2010 7:01 PM | Report abuse

Keep running your mouth Maxine! Go ahead and taint the jury!

Posted by: TexRancher | August 15, 2010 6:36 PM | Report abuse

I think Waters and Rangel did this to themselves. We now live in a computerized age of cameras everywhere and no one any longer having privacy.

They just cannot get away with special bank deals or free condo arrangements in this day and age. Maybe back in the 1950's and earlier, this sort of stuff would have slid by unnoticed, but today, no way.

The big question is, will their voters keep voting them back into office regardless. I'm thinking this will happen.

Posted by: RealTexan1 | August 15, 2010 10:51 AM | Report abuse

If this is an ethics question for Ms Waters- then we need to hear from this country's foremost authorities on ethics-Jessie Jackson and Al Sharpton.

Posted by: MichaelLittleBig | August 14, 2010 12:25 PM | Report abuse

This power point defense presentation being described as "odd" is something I usually don't associate with Maxine Waters. Of course, that's because anyone but a blind liberal thinks she is crazy.

She can claim whatever she wants for as long as she wants, and that is likely enough to get her a pass from the Ethics Committee. Of course her gerrymandered voting district have given this self-serving clown a pass since she got in.

I would love to see what the re-election rate is for black congressional representatives and I am willing to bet it exceeds that of white congressional representatives. The reason, I suspect, is a complete lack of real scrutiny from the electorate by the gerrymandered black districts in this country. How else can people like Maxine Waters and John Conyers continually get re-elected? Of course, why anyone would re-elect Alan Grayson is a matter for mental health professionals or the EPA. What are they putting in the water in hois district?

Posted by: buggerianpaisley1 | August 14, 2010 12:07 PM | Report abuse

Didn't she once describe herself as a Socialist in a House Committee hearing and then stumbled to find words to continue? ? ? I too have watcher her on TV and listened to her over the years. She sounds like she feels she is ENTITLED to do just about anything she wants to do . . .

Posted by: rappo12447 | August 14, 2010 2:57 AM | Report abuse

Ms. Water may be innocent of all charges. The following is alleged.

Unfortunately, Ms. Waters refrained from explaining why her husband's bank was the only bank at the meeting (there are two association member-banks locally, and her husband's is not local). Nor did she explain why one or more officers of her husband's bank took such an active role in arranging the meeting and follow-up, then portrayed the bank officers work as that of the "association". She knew very well there was a blatant conflict of interest which she discussed with Rep. Frank--after the fact. Her husband's bank was the weakest in the association, and without government money it would have gone broke. Instead, it was her intervention with the Secretary of the Treasury to arrange the meeting (whether or not she was there is irrelevant) and her husband's bank staff follow-up that made it all happen. She made no disclosure to the Treasury of her conflict of interest.

She didn't say so, but the e-mails in the public record are devastating.

In the end, her husband benefited through his stock and infusion of millions of dollars of tax dollars through a process set up at his wife's behest. Her tone was no substitute for dealing with the key facts at issue.

In retrospect, her presentation may prove to have sounded very defensive and incomplete, and therefore unhelpful. In the end, she cannot make up her own process.

Posted by: Flib101 | August 14, 2010 2:04 AM | Report abuse

Ms. Water may be innocent of all charges. The following is alleged.

Unfortunately, Ms. Waters refrained from explaining why her husband's bank was the only bank at the meeting (there are two association member-banks locally, and her husband's is not local). Nor did she explain why one or more officers of her husband's bank took such an active role in arranging the meeting and follow-up, then portrayed the bank officers work as that of the "association". She knew very well there was a blatant conflict of interest which she discussed with Rep. Frank--after the fact. Her husband's bank was the weakest in the association, and without government money it would have gone broke. Instead, it was her intervention with the Secretary of the Treasury to arrange the meeting (whether or not she was there is irrelevant) and her husband's bank staff follow-up that made it all happen. She made no disclosure to the Treasury of her conflict of interest.

She didn't say so, but the e-mails in the public record are devastating.

In the end, her husband benefited through his stock and infusion of millions of dollars of tax dollars through a process set up at his wife's behest. Her tone was no substitute for dealing with the key facts at issue.

In retrospect, her presentation may prove to have sounded very defensive and incomplete, and therefore unhelpful. In the end, she cannot make up her own process.

Posted by: Flib101 | August 14, 2010 1:59 AM | Report abuse

Sorry, I fell asleep after the fiftieth ‘But it’s a congressional privilege’ comment. Did she say she didn’t do it? Or that she got a round tuit?

Posted by: CMVienna | August 14, 2010 1:54 AM | Report abuse

After extensively reading and listening to the coverage, from 'all' sources, that Ms. Waters tripped herself up. She, like several other Congressman, believe they are smarter, protected, thus the law doesn't apply to them. Once again, following President Obama's regime, blame President Bush and also play the race card. When will they be held accountable? Come on November, good bye Mr. Rangel and Mrs. Waters.............. RC Colorado


Posted by: RCColorado | August 13, 2010 7:15 PM | Report abuse
-------------------------------------------
Typical - she blamed Bush for her felonius behavior. Never fails in the Democratic party - blame a white REpublican and you walk - the Dems won't do anything at all to her and she will be re-elected by a landslide by the moronic sheep in her district that will vote for her to "stick it to the man". This is another "Marion Barry" setup - the more crimes she commits, the more her brain dead constituency will support her.

Posted by: Realist201 | August 13, 2010 6:53 PM | Report abuse
-------------------------------------------
This is both fun, and painful to watch. I feel like a Ssdist, for enjoying the pain, and plight of both Charlie, and Maxine. They've both taken advantage of their positions, to rob from our Treasury, by one means, or another. Charlie, is "more guilty" than Maxine. He's been robbing the cookie jar, longer. Poor Charlie, he almost got away. I do feel sorry for him, as I'm laughting at his predicament.
Maxine's the mean one. She reminds me of the movie title, "The Diary Of A Mad Black Woman." If you want to see her at her worst, google, Maxine defends Fannie, and Freddie. She really was adamant, that neither of them were likely to fail.
Mean, Maxine.
Dennis

Posted by: Shadowsmgc | August 13, 2010 11:41 PM | Report abuse

This is boring.

Wake me up when they get to the part where she exclaims emphatically:

" I did not do X with that banker. "


Then I'll know I really am watching a rerun from the Clinton years.

Posted by: awofw | August 13, 2010 10:37 PM | Report abuse

There is a very simple saying in politics: "when you’re explaining, you’re losing." Maxine Waters didn't do herself alot of favors here by going on the offensive. I was struck by what I believe were either telephone or email exchanges and how they were presented. Call me old fashioned but unless there is a time stamp and some sort of an email header, that information can easily be conjured up, made up, or simply manipulated. It sure didn't look like any email or telephone exchanges I've seen (I used to be an IT auditor).

Looking forward to the proceedings. I do appreciate Rep Waters fighting spirit but not sure she will win this one since the ONLY ones who benefited from this were her and her husband to the tune of 12 million bucks. No other banks and no other people.

Posted by: rigoman33 | August 13, 2010 10:34 PM | Report abuse

This woman should understand that this is not about senate rules. This is about conflict of interest, corruption, and likely criminal behavior. Senate rules are designed to protect members of a private club. These articfical constructs allow them to cheat and steal without having to face the consequences. She has no defense if her only argument is that she broke no senate rules. We need to toss her out, and send the rest of the corrupt crowd with her.

Posted by: Prof-Dr-G | August 13, 2010 8:52 PM | Report abuse

Well, wolfnotsheep, since you decided to name me personally, I'd better respond!

I share your views/concerns about today's political culture; there are serious problems and, in this case, there may indeed be fire where there's smoke... but read the posts before mine and see what I responding to! (Many were posted even before her press conference was over; even before the posters had heard Waters's side of the story.) Let's not just believe that everything the Ethics Committee came out with is the Gospel Truth.

Who is actually the blind ideologue? You wrote, "A private sector employee would resign or be fired immediately, but not in congress."

Really? Come on, now! There've been a series of scandals and look the other way events in the corporate world. It's that type of blind belief in the private sector and capitalism that's gotten us into the mess we're in! We should be far more worried about the corporate take over of the democracy than individual greed.

Posted by: Astrogal | August 13, 2010 7:50 PM | Report abuse

Ms. Waters is a perfect example of reverse-racial discrimination, which is an obvious tennant of the Obama administration.

How unfortunate that those who have suffered from racial discrimination, now embrace that which they hate.

I had hoped that this society had grown in understanding and wisdom, casting off the 'dumbed down" philosophy that a man or woman is defined by the pigmentation of their skin. It is not the skin color of a man that defines him or her, but it is what they do and their moral character!

Posted by: Jordan48 | August 13, 2010 7:32 PM | Report abuse

After extensively reading and listening to the coverage, from 'all' sources, that Ms. Waters tripped herself up. She, like several other Congressman, believe they are smarter, protected, thus the law doesn't apply to them. Once again, following President Obama's regime, blame President Bush and also play the race card. When will they be held accountable? Come on November, good bye Mr. Rangel and Mrs. Waters.............. RC Colorado

Posted by: RCColorado | August 13, 2010 7:15 PM | Report abuse

Tyrpical - she blamed Bush for her felonius behavior. Never fails in the Democratic party - blame a white REpublican and you walk - the Dems won't do anything at all to her and she will be re-elected by a landslide by the moronic sheep in her district that will vote for her to "stick it to the man". This is another "Marion Barry" setup - the more crimes she commits, the more her brain dead constituency will support her.

Posted by: Realist201 | August 13, 2010 6:53 PM | Report abuse

"no benefit, no improper action, no failure to disclose, no one influenced, no case." The exact O.J. defense: "if the glove doesn't fit, you must aquit." Plus, "some other dude[s] did it [before I did]. LOL.

Posted by: IQ168 | August 13, 2010 6:33 PM | Report abuse

"the lady doth protest too much, me thinks" but like all the rest of them (Stevens, etc), she looked out for her buddies . . . . to the detriment of the rest of us . . . . . she's a racist besides. . . . this charge by the ethics committee is one way of getting rid of the parasites like Waters.

Posted by: rmkraus | August 13, 2010 6:08 PM | Report abuse

Maxine called the 1992 Rodney King riot "the rebellion" and advised her constituents that the CIA had introduced the AIDs virus into Watts. With leadership like that it is not wonder that blacks fall for her demagoguery year after year- it preserves their status as eternal victms, a place where they give every indication of staying in forever.

Posted by: mhr614 | August 13, 2010 6:03 PM | Report abuse

Are Waters and Rangel going to follow the tracks of their fellow Dem. lawmaker Dan Rostemkowski who resigned fromm his job as House committee chairman and then spent 18 months in jail for corruption ?

Posted by: ypcchiu | August 13, 2010 6:02 PM | Report abuse

Never mind whirled peas. Visualize this; Poverty Pimp Pinatas!!! We'll make a fortune and have oodles of fun! Paper mache politicians-- virtually life like!!! Whack em' til the candy falls out!!

Posted by: carlbatey | August 13, 2010 5:57 PM | Report abuse

Never mind whirled peas. Visualize this; Poverty Pimp Pinatas!!! We'll make a fortune and have oodles of fun! Paper mache politicians-- virtually life like!!! Whack em' til the candy falls out!!

Posted by: carlbatey | August 13, 2010 5:56 PM | Report abuse

Great Orators of the Democratic Party

From the past…


"One man with courage makes a majority." - Andrew Jackson

"The only thing we have to fear is fear itself." - Franklin D. Roosevelt

"The buck stops here." - Harry S. Truman

"Ask not what your country can do for you; ask what you can do for your country."
- John F. Kennedy


And, from today's genius Democrats..

"It depends what your definition of 'Sex' is?'' - Bill Clinton

"That Obama ... I would like to cut his NUTS off." - Jesse Jackson

"Those rumors are false ... I believe in the sanctity of marriage." - John Edwards

"I invented the Internet." - Al Gore

"The next Person that tells me I'm not religious, I'm going to shove my rosary beads up their ASS." - Joe Biden

"America is ... is no longer, uh, what it ... it, uh, could be, uh, what it was once was ... uh, and I say to myself, 'uh, I don't want that future, uh, uh for my children." - Barack Obama

"I have campaigned in all 57 states." - Barack Obama (Quoted 2008)

"You don't need God anymore, you have us Democrats." - Nancy Pelosi (Quoted 2006)

"Paying taxes is voluntary." - Sen. Harry Reid

"Bill is the greatest husband and father I know. No one is more faithful, true, and honest than he." - Hillary Clinton (Quoted 1998)

And the most recent gem of wisdom from the "Mother Moron":

"We just have to pass the Healthcare Bill to see what's in it."
- Nancy Pelosi (Quoted March, 2010)

HOW LUCKY CAN WE BE - TO HAVE SUCH BRILLIANT MINDS IN CHARGE OF OUR ONCE GREAT COUNTRY?

And in the words of one great American…

''Life's tough ... it's even tougher if you're stupid.'' - John Wayne

Posted by: LarryG62 | August 13, 2010 5:37 PM | Report abuse

Innocent or guilty, would any defendant show any evidence not in his/her own self-interest? It does seem strange, but, who knows, they might now drop all charges. Nothing surprises me.

Posted by: coffic | August 13, 2010 4:53 PM | Report abuse

bj-berry : you are a hate-filled racist who gives true Americans a bad name! While I may have Mexican heritage, you assume way too much. But then a really intelligent person wouldn't make the asinine assumptions that a leftist pimp like you is making. Thank you for showing your distaste for those you believe to be non-American. Have you gotten your New Nazi Party card yet? Burnt down any churches lately, how about beating the defensless ... how many this week?

Posted by: mexvoter | August 13, 2010 3:26 PM | Report abuse

Maxine is becoming laughable! She is -- seriously -- blaming Bush for her intervention!!

If she were serious about intervening on behalf of minority banks, why did she not ask for THE REAL BIG GUY'S HELP -- BARNEY FRANK??

Heck, the bank was in her district!

She is insulting the intelligence of her own constituents, and should be ASHAMED setting her own grandson up as a willing participant in her scheme!!

If she is so holy, will her husband return his investment and stock that he held in the bank??

TIME FOR MAXINE TO GO SPEND TIME WITH HER GRANDKIDS, AND GREAT GRANDKIDS!

Posted by: wheeljc | August 13, 2010 3:22 PM | Report abuse

Senor "MexVoter,"

?Guerra a las Drogas? O "Libre Comercio?

Los Banqueros International son Narco-banqueros--y amigos del Presidente Obama como George Soros--y tu?????

(I kept it simple-- but ask the RNC or the Obamatons to get you a translator.)

Posted by: bjerryberg | August 13, 2010 3:21 PM | Report abuse

Senor "MexVoter,"

?Guerra a las Drogas? O "Libre Comercio?

Los Banqueros International son Narco-banqueros--y amigos del Presidente Obama como George Soros--y tu?????

(I kept it simple-- but ask the RNC or the Obamatons to get you a translator.)

Posted by: bjerryberg | August 13, 2010 3:20 PM | Report abuse

Senor dubious offended "MexVoter,"

?Guerra a las Drogas?

O "Libre Comercio?

Los Banqueros International son Narco-banqueros--y amigos del Presidente Obama como George Soros--y tu?????

(I kept it simple-- but ask the RNC and/or the Obamatons to get you a translator.)

Posted by: bjerryberg | August 13, 2010 3:17 PM | Report abuse

Soooooooooooo just how many relatives does maxine employ and before we get to carried away it would be interesting to see just how 'hire' the relative goes for the rest of Congress to include how each member hires the relatives of the other!
The corruption or at least the smell of it just gets deeper by the day. And her relative cannot even shave. He looks like some druggie off the street in a cheap suit. But then Maxine needs to get to get a boetter 'white girl' wig!

Posted by: KBlit | August 13, 2010 3:03 PM | Report abuse

it's the mantra "Yes-We-Can....Blame Bush"

People are waking up and saying "Hol&* Crap Batman...I voted for WHAT!"

Easy way to become wealthy...become a legistlator and steal from the populace!

Posted by: getagrip5 | August 13, 2010 2:51 PM | Report abuse

Embattled Rep. Maxine Waters on Friday blamed the Bush administration for her ethics problems -- saying she had to intervene with the Treasury Department on behalf of minority-owned banks seeking federal bailout funds -- including one tied to her husband -- because the Treasury Department wouldn't schedule its own appointments.

++++++++++++++++++++++++++++++++

Beating around the Bush again?

Posted by: theaz | August 13, 2010 2:44 PM | Report abuse

bj-berry "bro" - what is with the "Yo Mexvoter" salutation ... you making fun of my heritage? Is that another cheap shot against someone of another race? And what is up with "your people" ... you sound like a typical lefty who identifies and categorizes people by skin color and the like. Why are you so bigoted and racist? You are in control of the parties for now, so you think that gives you the right to disrespect me and people from my country. You are what is wrong with America today - if you like socialism so much - try moving to where I left ... then lets see you open your hate-filled mouth.

Posted by: mexvoter | August 13, 2010 2:44 PM | Report abuse

Good to see the Dems falling in line with the new White House campaign mantra. "Yes We Can" has now officially been changed to " It is all Bush's fault". Truely this Change We Can Believe In...

Posted by: bz11 | August 13, 2010 2:42 PM | Report abuse

Maxine's Grandson did all the coordination with the bank to cover her tracks on this ethics charge. The Committee has all the ammunition they need to take her down. The only thing she can do to deflect the truth is to blame Bush or play the race card.

Posted by: quillerm | August 13, 2010 2:39 PM | Report abuse

Let's just say that Waters and Rangel live in a cocoon of their own constituents. That is to say as long as they can portray themselves publicly as being persecuted by "the man" the voters in those respective districts will treat them like the second coming of MLK Jr.

Even the lawmakers who will eventually make their verdicts and decide upon punishment are scared of this particular voting block. it's fairly easy to predict that they will get off easy no matter how bad things look for them. The chances of them getting the Duke Cunningham treatment are just about zero.

Posted by: yampaco | August 13, 2010 2:31 PM | Report abuse

Her staff must be a bunch of non-working losers, otherwise they would know that Barney Frank's staff are among the ones that went singing through the House about her to the Republicans. I can only guess why.

Posted by: Elisa2 | August 13, 2010 2:29 PM | Report abuse

..."Say goodbye Maxine you and Charlie for the good of the party and the country!

Sincerely, Tom Birchfield
Voter/Vet USAF, Graduate Student, Masters Program,
Professional Studies,
East Tennessee State University/Class/2010

Posted by: ztcb41 | August 13, 2010 2:27 PM | Report abuse

Both Rangel and Waters know their constituents will return them to office, regardless of what the ethics committee decides to do. They are also certain the House will not turn them out should they refuse to accept a reprimand. Each of these two people have played the race card and will continue throughout the upcoming proceedings to emphasize as much to their constituents. Guilty or not, Rangel and Waters have shrewdly placed the Democrats between a rock and a hard place. Let the show begin.

Posted by: Diogenes | August 13, 2010 2:26 PM | Report abuse

..."Say goodbye Maxine you and Charle for the good of the party and the country!

...As a registered Voter/Vet USAF, Graduate Student, Masters Program,
Professional Studies,
East Tennessee State University/Class/2010

Posted by: ztcb41 | August 13, 2010 2:25 PM | Report abuse

Is this a good place to post my resume?

Apply for some bail-out money...can't make my mortgage payments?

Maxine Waters and Charlie are just the tip of the iceberg (for both parties actually) but the dem's are going to suffer the most, because they have been professing support for the little man...hmmm...I forgot...little people don't sit on the boards of banks and have "some" investments of 350k...I still have my gift card for BestBuy...

These people represent nothing more than a machine trying to take other peoples money!

CRIMINALS!

Posted by: getagrip5 | August 13, 2010 2:24 PM | Report abuse

You go girlfriend. Don't let the man get you down. Why should they bring ethics charges against you for personally setting up a meeting for a bank that your husband had sat on the board and a bank which he had hundreds of thousands of dollars in stock?
The man is going against you because you are black. Just like the went against rep. Jefferson who had thousand of dollars of "cold" hard cash in his freezer. And Charlie Rangel who didn't disclose assets and failed to pay income tax. Why is the man coming down on the brothers nad sisters?
Hey Maxine you ignorant woman, the only reason you have the position you have is because you are black. You could never make it in the private sector.

Posted by: suesue2 | August 13, 2010 2:23 PM | Report abuse

"He owned stock in OneUnited that had declined in value from $350,000 in June 2008 to $175,000 two months later,..."

1. Does he still own it (that means both own it since California is a common law state)?
2. What is it worth now?

Great journalism. Key question and it is not even addressed.

Posted by: staterighter | August 13, 2010 2:20 PM | Report abuse

"He owned stock in OneUnited that had declined in value from $350,000 in June 2008 to $175,000 two months later,..."

1. Does he still own it (that means both own it since California is a common law state)?
2. What is it worth now?

Great journalism. Key question and it is not even addressed.

Posted by: staterighter | August 13, 2010 2:19 PM | Report abuse

Maxine, girl! You be blaming George Bush for your problems! Oh, girl, you be too much! Too much, girl, do you hear? Girl, here be what you should do. You should be blaming Obama for not looking out for us black people, girl! Don't go blaming no white cracker like Bush, girl! That just gonna made the other white crackers mad, girl! If you be blaming Obama for everything, then those white cracker ears will perk up, girl, and you'll have some support! Whoee, girl! You need to be getting your head turned around the right way!

Posted by: georges2 | August 13, 2010 2:17 PM | Report abuse

I just hope she has found out by now that we landed on the Moon, not Mars as she asked Alan Shepard in the hearing about a year ago.

Posted by: gsms69 | August 13, 2010 2:13 PM | Report abuse

Congresswoman Waters, you are an veteran elected legislator representing your constituents from Los Angeles, CA district for so many years in Capitol Hills. In so doing you know the house rules and the in-n-outs ethics-by-laws and you violate it for your own and immediate family business interest. That is a no-no but you, in the moment of crisis, so blindly irrational and intensive emotional at the loss of your business acted blindly and unethically. No excuses or arguments or rebuttal here. You and your spouse own those assets and you did call the US Dept of Treasury to rescue the so forementioned bank. Now you know how those of us, normal citizens and workers, are vulnerable and victim of the loss of their 401K or savings. You should be resigned.

Posted by: Scorpion867 | August 13, 2010 2:12 PM | Report abuse

Since this matter has become such a drag on the party's chances in November--its sources ought to step aside for the good of the party.

The White House being the source of the Waters/Rangel smears, let me be the first to congratulate ex-President Obama on his surely upcoming selfless resignation for the good of the Party.

Posted by: bjerryberg | August 13, 2010 2:00 PM | Report abuse

The race card is maxed out.”

That was the punch line for a recent hilarious exchange on The Daily Show in which Larry Wilmore, the faux news program’s “senior black correspondent,” reported that the race card is not only over its credit limit but is in fact “void during a black presidency.” This discovery came in the wake of Maxine Waters’s allegation that her political problems stem from a racially biased congressional ethics investigation.

Wilmore said he should have seen this coming, given that “the Congressional Black Caucus has been overusing the race card for years.” Like when it circled the wagons around Rep. William Jefferson. The CBC in effect argued it’d have been no big deal if a white congressman had been videotaped receiving a $100,000 bribe and if the FBI then found most of it in his freezer. Singling out a black congressman for this sort of thing, Wilmore joked, amounts to punishing Jefferson for “Legislating While Black.”

Of course, Wilmore (a great comic talent) is joking, but not everyone is laughing. Waters, the representative for South Central Los Angeles since 1991, is one of America’s premier racial hucksters. A notoriously nasty piece of work, she sided with the murderous rioters in what she called the post–Rodney King–verdict “rebellion” and danced the Electric Slide with the Crips and the Bloods. (Who says she’s not bipartisan?) So it’s hardly surprising that she’d lump all of her problems on Whitey.

In Aesop’s Fables, the scorpion must sting the frog because that is what scorpions do. In real life, Waters must blame her problems on, well, you know who.

Posted by: gorams1 | August 13, 2010 1:58 PM | Report abuse

Who is the illiterate who wrote the splash page headline for this piece? And where was the copy editor? The difference between offensive and defensive isn't really hard to figure out.

Posted by: bobstone | August 13, 2010 1:57 PM | Report abuse

Just because Maxine is defiant and arrogant, it doesn't mean she is not also guilty as charged.

Maxine is guilty as sin and now she is trying to off it on someone else?

No one believes her except for the Congressional thugs who are guilty of the same crimes.

What is it about these hi class criminals?

Posted by: mlemac | August 13, 2010 1:57 PM | Report abuse

Maxine Waters: "I Won't Cut A Deal"

GREAT! NOW GO DIRECTLY TO JAIL!

Posted by: TeaPartyPatriot | August 13, 2010 1:55 PM | Report abuse


For the good of our nation;
ALL elected to high office MUST be held to a high ethical standard.

ANY who use their office for personal gain, MUST be held to account.

It's time to clean the HOUSE!

Posted by: chicago77 | August 13, 2010 1:54 PM | Report abuse

Yo' Mexvoter:
The liberal media has skewed your response to me.

I am not for corruption--and I am no leftist--I favor--and have fought in--a War on Drugs & money-laundering which the future of Mexico & the USA depends upon.

The issue is whether trying to help your people is corrupt--or whether screwing your people to aid international bankers is?

Obama, Pelosi and most GOP leaders are more loyal to financiers--than voters!

And that is corrupt.

Posted by: bjerryberg | August 13, 2010 1:48 PM | Report abuse

Posted by: USDefender | August 13, 2010

I believe she is apealing to her "dogma" constituents, who would probably support her even if she shot somebody... Like Rangel, Waters is a black "untouchable." but not in our citizen's best interests.
------------------------------------------
Well usdefender,

Dick chaney "did" shot someone and not one investigation, and you repugs never said one word... and I guess they are "untouchable" like the bush, chaney, rumsfelt, delay and the rest of them.

Cry me a river !!!

Posted by: DANNYB007 | August 13, 2010 1:46 PM | Report abuse

No, she is not racist because she is a black democrat. Bush was a white RINO and hence, he makes everyone racist just by knowing him. I mean, she even had to talk to him at times, I am sure he corrupted her speech during one of those meetings. I wonder if she, and other racists, can sue Bush for giving them some type of mental disease?

Posted by: GConely | August 13, 2010 1:45 PM | Report abuse

"It's time to de-contaminted the masses, especially in our deep [red] one-party cities..."

You mean like Houston?

Posted by: greg_brockway | August 13, 2010 1:38 PM | Report abuse

Maxine Waters takes advantage of the people and is hard to control. She is emotionally unstable perhaps, or maybe despite age, has not realized the truth of the hurt she inflicts on our greater effort. Mrs. Waters is black, she is female,and she is reckless with usng her influence as a democrat to waste or direct the people's money to her own agenda. I believe she is a player of the race card, and a "public freeloader." I do not think she is intelligent enough to see her wrong doing, but it would be a big benefit to our societal growth if she were removed from office. I believe she is apealing to her "dogma" constituents, who would probably support her even if she shot somebody... Like Rangel, Waters is a black "untouchable." but not in our citizen's best interests.

Posted by: USDefender | August 13, 2010 1:34 PM | Report abuse


Corrupt Congress Inc.

Rules...we don't need no stinkin' Rules.

Rules only apply to peons, not us!

Posted by: chicago77 | August 13, 2010 1:33 PM | Report abuse

Maxine Waters takes advantage of the people and is hard to control. She is emotionally unstable perhaps, or maybe despite age, has not realized the truth of the hurt she inflicts on our greater effort. Mrs. Waters is black, she is female,and she is reckless with usng her influence as a democrat to waste or direct the people's money to her own agenda. I believe she is a player of the race card, and a "public freeloader." I do not think she is intelligent enough to see her wrong doing, but it owuld be a big benefit to our societal growth if she were removed from office. I believe she is apealing to her "dogma" constituents, who would probably support her even if she shot somebody... Like Rangel, Waters is a black "untouchable." but not in our citizen's best interests.

Posted by: USDefender | August 13, 2010 1:32 PM | Report abuse

Maxine Waters takes advantage of the people and is hard to control. She is emotionally unstable perhaps, or maybe despite age, has not realized the truth of the hurt she inflicts on our greater effort. Mrs. Waters is black, she is female,and she is reckless with usng her influence as a democrat to waste or direct the people's money to her own agenda. I believe she is a player of the race card, and a "public freeloader." I do not think she is intelligent enough to see her wrong doing, but it owuld be a big benefit to our societal growth if she were removed from office. I believe she is apealing to her "dogma" constituents, who would probably support her even if she shot somebody... Like Rangel, Waters is a black "untouchable." but not in our citizen's best interests.

Posted by: USDefender | August 13, 2010 1:31 PM | Report abuse

The only thing dumber than a "niggar" is 2 "niggars"!

Posted by: EdOPLANETOFTHEAPES | August 13, 2010 1:30 PM | Report abuse

The headline bringing me here:
"Waters delivers odd self-defense"
= = = = = = = = = = = = = = = = = = =
Don't tell me, let me guess: "I'm a Negro and y'all are crackerfied, honky, racist, bigots"

That about it?

Posted by: sosueme1 | August 13, 2010 1:30 PM | Report abuse

Sounds like bj-berg is drinking the kool-aide again. What "proof" does he have or can offer that the charges are "BS" - they came from within the Democraps own party - not those nasty hate-filled white bigoted Republicans the lefties are always hollering and fantizing about. No wonder the whacked-out left is in a tizzy - they can't blame the real bigoted party here: the Dems who tried for years to block the equal rights amendment. Maybe the truth about the Dems and their real deep-seated contempt for this minority is finally surfacing - oh, no, can it be? More kool-aide please.

Posted by: mexvoter | August 13, 2010 1:30 PM | Report abuse

"Everything is Bush's fault according to Waters. Typical"

But most everything IS Bush's fault!

Posted by: greg_brockway | August 13, 2010 1:27 PM | Report abuse

The Compost left out the most important part of this press conference.... she blamed Bush for her lack of ethics.

Posted by: nosuchluck | August 13, 2010 1:26 PM | Report abuse

If honest conservative GOPers think they will gain from this trumped-up BS vs. Waters & Rangel--they are fools falling for Wall Street's game.

The same folks who gave you Bailout Barack--are helping Obama wreck the pro-progress, pro-development working class base of the Dem party.

And if they succeed, you are next.

Posted by: bjerryberg | August 13, 2010 1:21 PM | Report abuse

Is Waters combative or is she just trying to defend the interests of poor black people?

Posted by: HilaryLo | August 13, 2010 1:19 PM | Report abuse

Well I'm not a big fan of earmarks......but I would support one more earmark where we find out why Americans vote for nuts like Nancy Pelosi and crooks like Maxine Waters......... find a "cure" and then deploy that cure thoughout the USA.

It's time to de-contaminted the masses, especially in our deep blue one-party cities.......

Posted by: allenridge | August 13, 2010 1:16 PM | Report abuse

Atten: bjerryberg ...
you are the best example of leftist immorality! You like and encourage corruption if it advances you, your agenda or your preferences. Corruption is corruption and no side should get away with it - and to those lame-brains who use the second grade response, "Well they did it too ... " Grow the hell up and act as responsible individuals that actually contribute to the society and not spend other peoples money to further their own special interests. Big shots: try spending your own money if your cause is so great - but your money, not mine or other's - where you big fat mouth is. How do you spell hypocrisy? Easy to talk when you are spending someone else's money isn't it.

Posted by: mexvoter | August 13, 2010 1:15 PM | Report abuse

Water's another member of the culture of corruption! And let's not forget her joint act with Barney Frank pressuring Fannie and Freddie to buy low income sub prime loans. All captured on C-Span!

They are part the POTUS's wrecking crew!!!!

Posted by: Jimbo77 | August 13, 2010 1:14 PM | Report abuse

BIZARRO Waters strikes again ! lol ....... Yet Another BIZARRO Democrat Socialist Slimeball's attempt to NEVER take ANY Responsibility for their OWN SLEAZINESS AND CORRUPTION !! ....... Hey BIZARRO Waters ... why don’t you just go ahead and Blame JAVA MAN for your wretchedness and your Hate America First, " Blame Anybody But Me " game ....... But, knowing your Sheer Propensity of Corruption and Lying, maybe even that isn't going back far enough for you !! LMAO !!

Posted by: delawarejack | August 13, 2010 1:10 PM | Report abuse

I would urge Maxine's supporters here to not bother refuting the particulars of this or that alleged "fact."

This is not about "facts."

It is about Wall Street's Obama & Pelosi--in tandem with most major media--killing the Dem party of FDR--that served its constituents well--and insisting on elected officials fealty to the Wall Street set.

And lest dumb GOPers get too smug--the party of Lincoln used to do the same--before it was Bush-whacked.

The late Sen. Ted Stevens--framed in the press like Rangel & Waters--did one Helluva of a lot good for Alaska.

If that is corruption, by God, let's have more of it!!

Posted by: bjerryberg | August 13, 2010 1:03 PM | Report abuse

I can't believe this can be an ethics violation after all the years of Cheney and Haliburton that has cost us taxpayers billions.

Is any action being taken against Cheney?

Posted by: rw1ndom | August 13, 2010 1:02 PM | Report abuse

Maxine Waters needs to have her day in court Needs to give her side of the story. So far all the information that have been selectively released to the press has been designed to throw Max under the bus.
Max has not done anything many of the other Senators and Congressmen have not done lobby yes lobby on behalf of their interest.
Many Senators and Congressmen routinely take monry yea money --thay call it campaign contributions-- to curry favors with various agencies. Thats a fact. To single out Max for a different type of treatment is the old Crak Cocaine Powered cocaine type of justice One gets a slap on the wrist the other gets the Book thrown at then
Why is there a double standard?
What about Sen Insign from Nevada? He got a lobbying job for one of his staffers after he had had a affair with the woman. He also got a job for her son. Then to make matters worst he paid the eoman off with over $100,00 in Cash Why is he not been brought up on charges.
Lets bring them all up on charges . We cant be selective in our outrage.

Posted by: Carprin | August 13, 2010 1:00 PM | Report abuse

While everyone deserves to defend themselves, the truth is there is no excuse for low lifes like Waters who use their positions of trust to further their own agendas. She and other members of the Black Caucus are old time, racist, freeloaders who need to get the boot. I can say the same for anyone else in Congress who behaves in a way that demeans their position and who enriches him/herself at the expense of their long suffering constituents.

Posted by: Lilycat11 | August 13, 2010 12:56 PM | Report abuse

OBAMA NOW BAILING OUT RICH BUDDIES IN NEW YORK CITY


The Federal Housing Administration agreed in March to insure mortgages for apartments at the 98-unit Gramercy Park development, known as Tempo. That enables buyers to make a down payment of as little as 3.5 percent in a building where apartments range from $820,000 to $3 million.

“It’s a government seal of approval,” said Gollinger, a director at the Developments Group of New York-based brokerage Prudential Douglas Elliman Real Estate. “We need as many sales tools as we can have these days, and it’s one more tool.”

The FHA, created in 1934 to make homeownership attainable for low- to moderate-income Americans, is providing a lifeline to new Manhattan luxury condominiums after sales stalled. Buildings featuring pet spas, concierges and rooftop lounges are applying for agency backing to unlock bank financing for purchasers. The FHA guarantees that if a homebuyer defaults on his mortgage, the agency will pay it.


OBAMA IS A CROOK OF THE FIRST ORDER

Posted by: COOLCHILLY | August 13, 2010 12:55 PM | Report abuse

I just read that Maxie is claiming George Bush is the real reason she is in "difficulty" ... I'm waiting for the wackos to charge Bush with the Ice Age! Is he also to blame because the leftists are so d@#$M stupid that they can't figure out the sad fact that they are corrupt and sometimes get caught? Is Bush to blame for their stupidity and arrogance, too? Give it a rest - be more creative in the blame game. You are really starting to sound pitiful!

Posted by: mexvoter | August 13, 2010 12:53 PM | Report abuse

Typical of a certain demographic to put the blame on someone else.

Posted by: strellnikov | August 13, 2010 12:52 PM | Report abuse

Hmmm, another Democrat criminal gets caught.
Nice story Perry Bacon, however, you failed to mention she accused the Bush Administration for this and the only minority owned bank that showed up to her meeting was the one where her husband was a board member and shareholder. That bank, OneUnited got just under 25% of the %50 million in bailout funds.
Not unetehical? Are you kidding me. She profited and it is criminal, period.
Please remember to vote in Novemeber, we need to show Obama and his high horse criminal base some change.

Posted by: TRUTH20 | August 13, 2010 12:52 PM | Report abuse

How about we hear all the facts to decide.And if they are guilty lets not stand for this anymore,throw them out on their elitist corrupt arses!!!!!!!

Posted by: votingrevolution | August 13, 2010 12:52 PM | Report abuse

Everything is Bush's fault according to Waters. Typical corrupt liberal...

Embattled Rep. Maxine Waters on Friday blamed the Bush administration for her ethics problems -- saying she had to intervene with the Treasury Department on behalf of minority-owned banks seeking federal bailout funds -- including one tied to her husband -- because the Treasury Department wouldn't schedule its own appointments.

Posted by: NO-bama | August 13, 2010 12:51 PM | Report abuse

Black Pols must adhere to a higher standard. They simply cannot do what white Pols have done since the Greeks and Romans.

Nothing new about that.

Posted by: kahlua87 | August 13, 2010 12:44 PM | Report abuse

First Rangel, then Waters,& weren't there some murmurs about Conyers' & his wife--all since the sainted Barack Obama took office?

And SNCC hero Charley Sherrod's wife Shirley--wasn't she electronically lynched by Fox--and THE OBAMA WHITE HOUSE?

Is Wall Streets' Obama running an 'ethnic cleansing' in the Dem base??

In the 1960s a popular sandwich cookie was often used as a metaphor for dubious self-serving figures like Obama.

Posted by: bjerryberg | August 13, 2010 12:40 PM | Report abuse

DBL10---wow....i'm sorry for your predictaments. But you are correct. It's been coming out for years. The WASPs and whites are becoming the minority "race".

Now you won't hear it being said often, maybe at Nazi rallies, etc. but it's in the statistics. They are not procreating at the rate that "minorities" are.

Like "anchor babies" in Arizona.

Posted by: TheBabeNemo | August 13, 2010 12:35 PM | Report abuse

Wait a minute, initially I understood that her "intervention" was specifically for her husband's bank. Now, I'm hearing that her intervention was for "minority owned banks" which is it? They do know that she's black, right? Isn't that something any black member was likely to do?
Was she specifically involved in securing a federal loan specifically for her husband's bank? This whole dust up can't be because she "took a meeting" from bank officials from OneUnited officials? I trust that there IS some there, there?

Posted by: greg_brockway | August 13, 2010 12:29 PM | Report abuse


she explained that most of her help to minority banks was before TARP came out. Then when TARP came out, she consulted with Barney Frank on her "conflict of interest" with One United Bank.

But I do agree that after a year long investigation...the Ethics Committee better get some fire under them and get this over with.
Same with Rangel. Hang them if you must but at least get the hearings started.

///
umm, Congress sure it taking alot of recesses, and called back on this last one. Recesses that only stagnant these charges against Waters and Rangel. Rangel seems to be having a good time with it. If you can follow his speeches. He's all over the place with his words when he addresses the press. Not connecting dots. Just blappering.
///
not to be off topic too much.......
Maybe by Nov 28th--before Congress goes on their holiday reccess
...when unemployment runs out....they will vote for 3 more months again. For the Xmas rush. Get consumers spending their unemployment money !!!!!! (hearty smiles))

Posted by: TheBabeNemo | August 13, 2010 12:29 PM | Report abuse

Oh, Maxine, girl! You be in trouble now, girl! Whoee! You be in trouble!

Posted by: georges2 | August 13, 2010 12:22 PM | Report abuse

It is not racism or prejudice from whites that is the problem, rather the racism and prejudice leveled against and at white people that is the problem. I am fed up with hearing about how "oppressed" "minorities" are in the USA.

Whites are the minority of the world by race. If things here are so terrible why do they want to come here and take it?

I have a black female pastor, and she is not racist at all. Too many blacks think they are owed something for being black instead of the content of their character. Blacks will call each other "brother", "ni**er" or women "bi**ch" but others that are not black will be beaten if they do. In my church is the ONLY place I find racism and prejudice does not exist. The world is full of race from all sides but I am particularly fed up with the double standard that if you are white and Christian you are evil, but if something else then the "race or prejudice" card comes out immediately.

Remember Rodney King and OJ Simpson. They were acquitted because they were black. No other reason.
Obama was voted for by the white sheeple who so desperately wanted to show they were not racist or prejudicial and ignored the facts about Obama's radical ideologies. Blacks, about 95% of them, voted for Obama simply because he was black. The whites were stupid to ignore what Obama was about, and the blacks voted for Obama simply because of his being "black".

I am fed up with the race card always being used as an excuse. The man that just killed 8 people tried to justify his murderous acts by claiming racism. I have been stabbed by a Hispanic who was on drugs for no reason, and mugged and my 3 front teeth knocked out with a gun by a black man. I did not know these people and they had no reason to assault me and try to kill me. They chose me because I was white. I did not murder them though. They are now both in prison for the remainder of their lives after one killing his wife with a butcher knife, and the other after nearly killing a white.

Posted by: DLB10 | August 13, 2010 12:20 PM | Report abuse


it was long, but explained alot. Then her grandson (chief of her staff) did the powerpoint.

Posted by: TheBabeNemo | August 13, 2010 12:19 PM | Report abuse

Wow! What a circus, is Maxine any relation to Muddy Waters, that would seem appropriate.
Maxie and muddy.......Waters, that is.

Posted by: boblusby | August 13, 2010 12:17 PM | Report abuse

It is also revealing that the Bush GOPers won't attack the Obama/Goldman Sachs Contributions then Bailouts "coincidence."

And they like Obama's Bush-like Afghan escalation, uh, er, "surge," too.

Didn't the Soviets try that ?

Please Hillary save us from these bi-partisan mental midgets.

Posted by: bjerryberg | August 13, 2010 12:16 PM | Report abuse

Let me guess her defense.... she isn't guilty because she is black.

Posted by: MikeJ9116 | August 13, 2010 12:15 PM | Report abuse

Rep. Waters defense is weak when weighted against the facts. The Democrat from California Maxine Waters used her position in the U.S. House of Representatives to direct $12.1 million of TARP “bailout” money to a minority-owned bank, OneUnited Bank. Evidence indicates that Mrs. Waters used federal appropriations for self gain. How would you like to bolster your husband business earnings with millions of dollars President Obama took from the U.S. taxpayers?

Maxine’s husband Sidney was on the OneUnited Bank’s board of directors and owned shares in the Bank worth $500,000 dollars. This is a serious violation of House ethics and criminal law relative to a blatant violation of conflict of interest.

Now, we find out that Kevin Cohee, whose OneUnited bank is at center of ethics violation charges against U.S. Rep. Maxine Waters (D-Calif.), was arrested twice at his bank-financed California mansion in 2007 on narcotics and sexual assault charges. Also, his history with Waters is more intertwined than previously thought: The congresswoman supported Cohee's effort to purchase another bank in 2002.

Notice the difference between Democrats and Republican when they get caught. Republicans confess, resign and do jail time, while Democrats are defiant and deny that they did anything wrong. Is it a matter of personal standards of ethics and discernment between right and wrong? Who are the money corrupt politicians?

Posted by: klausdmk | August 13, 2010 12:15 PM | Report abuse

A sickening, revolting, repulsive display of politics at its very best. To think that people actually elect these political, racists hacks.

Posted by: logicprevails | August 13, 2010 12:15 PM | Report abuse

How refreshing it would be if an elected politician,of either ruling party, stood up and said "I take full responsibility for my actions, decisions, and mistakes."

Instead, all we get from D.C. are "not my fault!" "it was that other guy!" and "Bush did it."

Sickening.

Posted by: CarolynLawrence | August 13, 2010 12:14 PM | Report abuse

What is going in Washington?

It appears that our elected public officials believe they are far above the common folk and should not be called out when they mess up! I must point out to them that we want them to be figures that we can admire and emulate, which means that we want them to be honest and ethical not sleazy and corrupt.

It is time to drain the swamp of questionable figures in both parties.

Posted by: mwhoke | August 13, 2010 12:09 PM | Report abuse


The corrupt are most adept at citing rules.


Posted by: Gidgmom | August 13, 2010 12:08 PM | Report abuse

"... that she was trying to help a group of black-owned banks, not just the one in which her husband was a shareholder.
...
The ethics committee argues Waters violated House rules by arranging a meeting between OneUnited officials and the Treasury Department ..."
-----
Sounds like helped OneUnited which might benefit other minority owned banks, rather than helped minority owned banks which might benefit OneUnited. The latter sounds less serious, but neither is without questionable motives.

Posted by: shhhhh | August 13, 2010 12:07 PM | Report abuse

@Astrogal, unlike you apparently, I have read the reports and Ms. Waters was clearly in a case of conflict of interest here. She went to Financial Services Committee Chairman Barney Frank, D-Massachusetts to ask about it, and he recommended she stay out of it. Still she pushed for the meeting anyway. A private sector employee would resign or be fired immediately, but not in congress. It again illustrates how self-absorbed our politicians are today. In all her years in congress, not a beep about problems with the ethics committee until she came out on the losing end of it. Blind ideologues like yourself compound our nation's ills.

Posted by: wolfnotsheep | August 13, 2010 12:05 PM | Report abuse

It's inconceivable that an experienced politician would be ignorant of conflict of interest rules or at the minimum, the optics of the impropriety.

Posted by: minhle1 | August 13, 2010 12:04 PM | Report abuse

We are doomed. No ethics, just pointing to other bad behavior to justify bad behavior. It is true that bad money drives out good. Maxine Waters does not strive to be the best, just to do whatever others do. While I don't believe her ethical lapses deserve more than a slap on the hands, I am sickened by the everybody does it defense. And I am deeply offended by the racist chants. The only saving grace is that the Ethics Committee is not controlled by Republicans; I can only imagine the racist rants that would be spewed.

Posted by: JamesSmith1 | August 13, 2010 12:04 PM | Report abuse

Another swamp creature gets plenty of media attention. Drain, baby, drain.

Posted by: bgreen2224 | August 13, 2010 12:04 PM | Report abuse

Guilty until proven innocent, that is pretty much what the modern justice system has evolved into. Ethnic violations, lets do away with ethnic violations & the rules committee. If they've been alleged to have committed a crime than the justice dept. and the FBI should be on the case. If their behavior is not criminal then the 4th estate needs to dig up the facts and lay them before the public so that the voters can make an informed decision and bring about the appropriate political conclusion to the matter.

Posted by: snake_taylor | August 13, 2010 12:03 PM | Report abuse

I agree that we ought not equate Waters & Rangel with Obama--since old school civil rights activists like Waters and Rangel--who try to deliver for their constituents--get the Starr-chamber treatment for supposed "corruption."

But the 'new school' Obama writes multi-billion dollar bailout checks to Goldman Sachs--# 1 employer of maxed-out Obama contributors in 2008--and has yet to face charges from Hedge Fund manager's wife Pelosi and her friends over this curious coincidence. Hmmm...

Posted by: bjerryberg | August 13, 2010 12:00 PM | Report abuse

jiji1 get your blood pressure cranked back down she is associated with President Obama because she is a Liberal Democrat. You would think her Grandson being her Chief of Staff would be a bit unprofessional but then again this lady could probably care less she has been in the House for way to long and is as corrupt as they come.

Posted by: confussed | August 13, 2010 11:59 AM | Report abuse

Since this is on the Obama Presidency Blog, what does it have to do with Obama? Are you just trying to associate the two because of skin color?

Racist pigs.

Posted by: jiji1 | August 13, 2010 11:50 AM | Report abuse

I will wager that most of you all didn't watch her press conference, haven't read her statement or her lawyers', and don't even know the actual facts of the case. If you had watched her or read the associated documents, you would not have spewed such vitriol and made such conclusive, judgmental statements.

That raises the interesting question of why you are so quick to condemn her and, in some cases, even to do so in ways that have racist overtones.

One of you asked why she even held a press conference, arguing she would be easily re-elected. Do you remember Sec. of Labor Donovan? After being investigated--and acquitted--he asked the plaintive question, "Where do I go to my reputation back?" That's what this is partly about.

Congresswoman Water's honor has been impugned and she is fighting back in the court of public opinion. She has a good chance of winning back some respect, too--not on the basis of lying, but on the facts of the case and the weakness of the evidence.

And, no, I don't have any connection to California or the Congresswoman!

Posted by: Astrogal | August 13, 2010 11:47 AM | Report abuse

I say investigate Waters and prosecute her to the fullest extent of the law. If found guilty, use her case as precedent to go after every republican lawmaker who made the same violation, of which there are many. Examine all the republican law makers financial portfolio and go after them with the same zeal. They'll ALL be crying like stuck pigs!


.

Posted by: blarsen1 | August 13, 2010 11:46 AM | Report abuse

Our bread has been cast upon the Waters. It's time we got it back. Max-Sting Waters can share a cell with Cholley for all I care. And stop playing the race card Max. Don't you know justice is blind?

Posted by: NEWSOUTH1 | August 13, 2010 11:46 AM | Report abuse

Has she maxed out the race card yet?

Posted by: luca_20009 | August 13, 2010 11:42 AM | Report abuse

You tell'em Maxine! I don't agree with many of your positions, but I dislike unfairness even more.

Posted by: peterroach | August 13, 2010 11:40 AM | Report abuse

Ms. Waters in both a sad and pathetic illustration of how low the US Congress has fallen. While this country teeters on the brink of accelerated decline, Ms. Waters cares only for herself. The distraction and racial dividing that Ms. Waters is instigating serves only herself at the expense of the nation. A congress that has become overly privileged and out of touch with needs of the country, tries to divide us against ourselves so that they can preserve their piece of the pie at the expense of the everyday American. No sense of sacrifice or urgency by our nation's leaders. Ms. Waters will continue to stick the knife in the back of all of us as long as she can maintain her perch of privilege and financial gain.

Posted by: wolfnotsheep | August 13, 2010 11:38 AM | Report abuse

The African American community will just re-elect her. However, she will be exposed to the American people for the crook she is.No Maxine, the CIA did not put cocane into the black community. Pelosi never thought that draining the swamp meant democrats.

Posted by: farmsnorton | August 13, 2010 11:36 AM | Report abuse

I don't doubt she has done something wrong, and Rangel as well.

But WHEN is law enforcement going to start prosecuting the serious, professional, organized crime being perpetrated by out banks.

BofA, Well Fargo, Wachovia, etc. launder drug money for the cartels, and get a shrug of the shoulders.

The banks take what is not their, beyond the contract, on consumer credit contracts, in violation of US Law for DECADES, and law enforcement protects them.

When is taxpayer funded law enforcement going to protect the taxpayers who are getting robbed on a daily basis by these unethical, criminal entities in our financial industry?

They are destroying our economy and in response anyone who has the authority to correct their violations of the law, looks the other way.

Posted by: awofw | August 13, 2010 11:30 AM | Report abuse

Maxine and Rangel are helping GOP.
Keep it on!!

Posted by: swavde | August 13, 2010 11:29 AM | Report abuse

She a piece of work!

Her only motive was ACCESS for minority and women, but her husband's lousy bank with lots of stock devaluation get some much help!

How do 16 year old single black mothers get income for mortgages!

65% national of black children live in SINGLE parent home, TWICE as high as any other race or ethic group!

Posted by: theaz | August 13, 2010 11:17 AM | Report abuse

Maxine is as dirty as she can be; but Congressional Black Caucus will defend her. She and Rangel are a real side show. Watch DEMOCRATS implode!

Posted by: pamschuh9 | August 13, 2010 11:11 AM | Report abuse

The lying continues. If you can't convince people with your press releases, hold a news conference. A lie is a lie is a lie, no matter what format you use.

Posted by: twoeagle | August 13, 2010 11:09 AM | Report abuse

'no justith no peath'!

Posted by: twann9852 | August 13, 2010 11:07 AM | Report abuse

I don't get this. Who is she trying to convince?

Her constituents would reelect her even if she was caught carrying an ATM out of a 7-11 on her back on video tape.

Here's the problem for her: she's been delivering "constituent services" for so long that she can't separate (much like Rangel) things that are ethically incorrect from corruption. Everyone in the CBC thinks you can do pretty much what you want to as long as you don't get caught with marked cash in the freezer.

I will give Pelosi credit for this: she knows what goes on and has decided to take a bite out it. Whether she'll be successful or not remains to be seen.

Posted by: Curmudgeon10 | August 13, 2010 11:01 AM | Report abuse

It's so refreshing to see people of "color" and other "minorities" can be just as corrupt and out of control as the people they constantly rail against for being corrupt and out of control. And be held accountable, too. Who says we have racial and equality problems in this country?

Posted by: kinipopo | August 13, 2010 11:01 AM | Report abuse

Stick to the facts, like Rangel a good defense is a made better by a bold offense.

Posted by: ZebZ | August 13, 2010 10:58 AM | Report abuse

Stick to the facts, like Rangel a good defense is a made better by a bold offense.

Posted by: ZebZ | August 13, 2010 10:57 AM | Report abuse

Just one more crooked politician using their office for personal gain. On the other hand Pelosi allowed her friend Harmon to give the Israeli's some of the most highly classified secrets we have. Oh well and our kid's wonder why we are so screwed up!

Posted by: KBlit | August 13, 2010 10:56 AM | Report abuse

Funny, old school civil rights activists like Waters and Rangel--who try to deliver for their constituents--get the Starr-chamber treatment for supposed "corruption."

But the 'new school' Obama writes multi-billion dollar bailout checks to Goldman Sachs--# 1 employer of maxed-out Obama contributors in 2008--and has yet to face charges from Hedge Fund manager's wife Pelosi and her friends over this curious coincidence. Hmmm...

Posted by: bjerryberg | August 13, 2010 10:54 AM | Report abuse

My theory is that Waters went after Rahm Emanuel and Rahm is paying her back. Rahm went after Max Baucus when Baucus balked at the public option.

Posted by: hz9604 | August 13, 2010 10:52 AM | Report abuse

For a Democratic Congress to have to single our its senior members for corruption must mean there are serious violations.

Posted by: Lynne5 | August 13, 2010 10:51 AM | Report abuse

They're a l w a y s above the law. They can n e v e r do wrong.

Posted by: MRGB | August 13, 2010 10:50 AM | Report abuse

What puts Waters & Rangel Above-the-LAW? - What put Bush & Cheney above the LAW? - All consider themselves priviledged & special! - Enough of this RED & BLUE 'CRAP'! - No elected official is above WE-the-People, or Our' Constitution. - Vote these crooks out.- Let them go directly (instead of covertly) fro work for their' $BANKster, CORPster, & Lobbyist Pals! - Better yet, how about some Prison time.- If You did what they do, then halehluhia- off to Prison You Go!! -- And for WAR PROFIT-teering & un-Constitutional WAR- that's another matter entirely,-- and still protected by the High-Ups Buddy-Buddy-System of Congress. da! -- ETHICS? - Wait and see.- Better get ou the easy chair for a long wait America! -- Most Republicans & Democrats work behind the scenes together for $$Special Interests & BANKster/WALLster Cronies!! -- Independents Unite,- and form a new Patriot People's Party!!

Posted by: jward52 | August 13, 2010 10:49 AM | Report abuse

Maxine, it must be difficult to look around at fellow politicians, knowing that you've done no more than they have - and yet you are singled out for corruption and criminal activities.

We know - you are supposed to be able to get away with it because (1) you are Democrat, (2) you are black, (3) you are female, (4) you've done it for twenty years.

I'm so sorry.

Posted by: joesmithdefend | August 13, 2010 10:42 AM | Report abuse

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