Sanity
Posts: 22039
Joined: 6/14/2006
From: Nampa, Idaho USA
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Thats bullshit Steven, and you know it.
At least you should, they barely touched those guys. Rangel was easily reelected, and everyones heard all about this, right - from, how did Pelosi word her promises. "The most transparent Congress ever" or the cleanest, most ethical, whatever her hollow, empty, meaningless promises were:
quote:
Congress Ethics Mess: What’s the Hold Up on the Maxine Waters Investigation?
Last year Representative Maxine Waters (D-CA) landed on Judicial Watch’s “Washington’s Ten Most Wanted Corrupt Politicians,” and for good reason. Waters (and her partner in crime, Rep. Barney Frank (D-MA)) helped secure a TARP grant for the failing Massachusetts bank OneUnited — a bank in which her husband had a significant investment. (Michelle Malkin reports that Waters’ husband, Sidney Williams held a $350,000 stake in OneUnited as recently as June 2008.)
Could the conflict of interest be any more egregious?
We didn’t think so. And for a while it appeared the House Committee on Standards of Official Conduct (a.k.a. The House Ethics Committee) agreed. The Committee announced last fall there would be a speedy trial to consider the charges against Waters. And, on the heels of the massive investigation and very public trial of Rep. Charles Rangel (D-NY), there was reason to be somewhat optimistic that Waters would be held accountable.
That is until House Ethics Committee Chairman Zoe Lofgren (D-CA) started meddling in the process. Not only did Lofgren fail to issue subpoenas for records related to the scandal, but she also delayed the ethics committee hearing after doing everything in her power to undermine the professional committee staff leading the investigation. And, as if that were not enough, Lofgren then improperly fired two attorneys working on the investigation.
Now the Waters investigation is stuck in the mud.
A spokesman for House Ethics Committee Chairman Rep. Joe Bonner (R-AL), who has slammed Lofgren on more than one occasion for mishandling the investigation, declined to comment on when a hearing would be rescheduled. (It looks to me as if Lofgren was trying to help Waters co-conspirator Barney Frank as much as Waters.)
Meanwhile, The Washington Post recently highlighted documents from the FDIC that provide new details on something Judicial Watch reported last year — OneUnited Bank was in deplorable financial shape at the time of the TARP grant (partially because of a questionable $50 million investment in the sinking ship that was Fannie Mae and Freddie Mac), and would never have received government assistance without the intervention of Waters and Frank:
A decision in late 2008 by top officials of the Federal Deposit Insurance Corp. to help a politically connected bank in Boston left federal bank examiners there angry enough that some called it a “travesty of justice,” according to internal e-mails obtained by The Washington Post.
The chairman of OneUnited Bank, a friend of Rep. Maxine Waters (D-Calif.), had rendered it insolvent through lavish spending and bad investments, according to the examiners’ written accounts. But by the end of that year, after Waters arranged a key Treasury Department meeting for the bank, it had won a bailout loan and a unique exemption from the FDIC’s accounting rules.
“There are some really good people expressing very strong opinions regarding what they view as a travesty of justice regarding the special treatment this institution is receiving,” acting regional director John M. Lane warned in a March 2009 e-mail to Christopher J. Spoth, a senior FDIC consumer protection official.
(As reported in the January 22, 2009, edition of the Wall Street Journal, the Treasury Department indicated it would only provide bailout funds to healthy banks to jump-start lending.)
A travesty of justice. That’s a perfect description not only for the OneUnited cash infusion, but also the manner in which the Waters House ethics “investigation” has “proceeded.”
http://biggovernment.com/tfitton/2011/04/20/congress-ethics-mess-whats-the-hold-up-on-the-maxine-waters-investigation/
quote:
ORIGINAL: DarkSteven
Huh?
Waters got about as much coverage as Ensign, and Range much more. I don't see why you're claiming that the media deliberately underreported them. Especially when the Ensign investigation has gone on two years.
The Dems do not want to destroy traditional families, but they don't trumpet their intolerance for affairs either. Like Gingrich, who went after Clinton for the Lewinsky affair while screwing around himself. I hate hypocrisy.
< Message edited by Sanity -- 4/22/2011 7:05:45 AM >
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