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Maxine To Fill Barney’s Seat On Banking Panel

From an irony proof Wall Street Journal:

Maxine Waters to Succeed Barney Frank on Banking Panel

By Michael R. Crittenden | December 4, 2012

WASHINGTON–Rep. Maxine Waters (D., Calif.) was tapped Tuesday by House Democrats to serve as the ranking member on the influential House Financial Services Committee, promoting a vocal liberal who has long been critical of Wall Street.

Ms. Waters will succeed Rep. Barney Frank of Massachusetts, who is retiring at the end of the year, as the top Democratic voice on banking and financial services matters in the House of Representatives. Recently cleared of allegations she helped steer federal bailout money to a bank in which her husband owned stock.

Ms. Waters will be tasked with pushing back at Republican efforts to weaken or roll back the Dodd-Frank financial overhaul law.

Elections really do have consequences. At least when Democrats win. But, hey, why not put the fox in charge of the hen house?

After all, Maxine Waters (with the help of Barney Frank) was able to steer (at least) $12 million dollars of TARP money to her husband’s bank, OneUnited, even though it should not have qualified for a bailout. And she got away with it scot free.

And, as the saying goes, ‘it takes a thief to catch a thief.’

And speaking of the economic gurus we are blessed to have in Congress, we also have this via the Washington Free Beacon:

Jackson Lee Claims $5.6 Trillion Surplus Following Clinton Admin

Fact check: Federal government had $237 billion surplus in 2000

December 4, 2012

Representative Sheila Jackson Lee (D., Texas) claimed that the United States had a $5.6 trillion surplus at the end of the Clinton administration Tuesday.

“Remember, we had a $5.6 trillion surplus in 2000 – 2001 from the Clinton administration,” Jackson said in the interview while discussing fiscal cliff negotiations.

However, according to CNN Money, the “Treasury Department reported a budget surplus… of $127 billion” for fiscal year 2001 and a $237 billion surplus for fiscal year 2000.

Pickers of nit. What’s $5 and a half trillion dollars more or less when you are a Democrat Congressperson?

Besides, Ms. Jackson Lee was probably thinking about the cost of having sent a manned space flight to Mars. Which was undoubtedly kept off the books by those wicked Republicans.

But, being the representative from Houston, she would be privy to such secrets.

This article was posted by Steve on Wednesday, December 5th, 2012. Comments are currently closed.

6 Responses to “Maxine To Fill Barney’s Seat On Banking Panel”

  1. Rusty Shackleford says:

    This is actually a good thing.

    Emboldened by her recent “clearing”, she will then consider herself untouchable and proceed to engage in activity that will be transparent to everyone. Bold, in-your-face activity that will get businesses destroyed and possibly, harm individuals as well. I would certainly expect she has an axe to grind and will set about satisfying her life-long anger against “the man”.

    Like when the Section 8 housing people win the lottery. Yeah…like that.

    • Enthalpy says:

      Maxine will never have a kind thought about any of us. She is a spiteful woman who deserves to be seated in the cesspool she’s helped create. Unfortunately, through inattention and poor choices we’re right in there with her-for now.

    • GetBackJack says:

      Rusty, pal … that is some fine chronic you be smoking.

    • GetBackJack says:

      Said with big :-)

    • Rusty Shackleford says:

      No worries. I took it in the vein it was intended.

      Let everyone see what an intellectual disaster she is and though some will not notice, those who think all elected officials are the same will face an awakening.

  2. Astravogel says:

    Oh, please, let me wake up and find this was all a bad dream..

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