Urging Violence against Trump Cabinet Sinks Maxine Waters’ Scandal-Plagued Career to a New Low
When Maxine Waters encouraged violence against Trump administration cabinet members this month it wasn’t the first time the California congresswoman, serving her 14th term, displayed behavior unbecoming of a federal lawmaker. The vivacious Democrat from Los Angeles has been embroiled in numerous controversies throughout her storied political career, including abusing her power to enrich family members, getting a communist dictator to harbor a cop-murdering Black Panther fugitive still wanted by the Federal Bureau of Investigation (FBI) and accusing the Central Intelligence Agency (CIA) of selling crack cocaine in black neighborhoods.
Among her most corrupt acts as a federal legislator is steering millions of federal bailout dollars to her husband’s failing bank, OneUnited. Waters allocated $12 million to the Massachusetts bank in which she and her board member husband held shares. OneUnited subsequently got shut down by the government and American taxpayers got stiffed for the millions. Judicial Watch investigated the scandal and obtained documents from the U.S. Treasury related to the controversial bailout. The famously remiss House Ethics Committee, which is charged with investigating and punishing corrupt lawmakers like Waters, found that she committed no wrongdoing. The panel bought Waters’ absurd story that she allocated the money as part of her longtime work to promote opportunity for minority-owned businesses and lending in underserved communities even though her husband’s bank was located thousands of miles away from the south Los Angeles neighborhoods she represents in Congress.
The reality is that without intervention by Waters OneUnited was an extremely unlikely candidate for a government bailout through the disastrous Troubled Asset Relief Program (TARP). The Treasury Department warned that it would only provide bailout funds to healthy banks to jump-start lending and OneUnited clearly didn’t meet that criteria. Documents uncovered by Judicial Watch detail the deplorable financial condition of OneUnited at the time of the government cash infusion. The records also show that, prior to the bailout, the bank received a “less than satisfactory rating.” Incredibly, after that scandal Waters was chosen by her colleagues to hold a ranking position on the powerful House committee that oversees the nation’s financial services industries. The only consequence for blowing $12 million on her husband’s failing bank was a slap on the hand to Waters’ chief of staff (her grandson) for violating House standards of conduct to help OneUnited.
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