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United States News Title: Black leaders stand strong for Congresswoman Maxine Waters, champion of economic justice: Poster Description: Da Fukkin Cracka Be messin With Da Sista Maxine Waters Because Maxine Waters and I are very good friends, I have gotten many calls regarding the story in the press about a possible ethics violation. The press is doing the work of its right wing owners. There was no ethics violation.
This story when run opposite the Charlie Rangel story makes good theater. It makes the Democrats look corrupt. There are more than eight ethics investigations being pushed against members of the Congressional Black Caucus. This is 20 percent of the Black Caucus. If there were justice in the application of the Office of Congressional Ethics, the number of white members being investigated would be 80. There is in fact only one such investigation.
Such investigations erode confidence and make our Black politicians even more reluctant to help Black people. I would like to set the record straight. This story is more than a year old. The New York Times asked Maxine how could a Black woman and her husband accumulate $500,000. The Times would be amazed at how much wealth there is in the Black community.
Treasury Secretary Tim Geithner or some member of his staff ratted Maxine Waters out. They are upset that Maxine criticizes them for an all-white staff and an all-white distribution of the $700 billion worth of TARP money. Treasury reported that Maxine had a conflict of interest when she advocated for Black banks. She advocated for the Black Bankers Association, who got almost no TARP money. One of its member banks is a bank in which her husband has a stake. The bank at issue eventually got $12 million out of $700 billion. She did not influence that decision.
As I have written before, when a Black politician advocates for any Black person or organization, it is seen as a conflict of interest. When a white person advocates for another white person, it is an identity of interest.
Her husband, Sidney Williams, was once on the board of directors of that bank. He bought $500,000 worth of stock in the bank. This information was in the public record. Congresswoman Waters reported this information in her public disclosure statement one year prior to the bankers’ meeting with Secretary Geithner. The Treasury Department did not do their due diligence or they would have known about this relationship.
The New York Times tried to make a story out of this matter several months ago. They wanted to know how her family got $500,000. Maxine, like many of us in California, sold a house that she had owned for many years. She and her husband bought real estate in California when it was cheap. They had the good fortune of selling it at the right time.
The Republicans dominate the ethics committee, which is composed of an equal number of Democrats and Republicans. The spineless Democrats allowed this matter to reach this level even though it was in no way a conflict. The Democrats on the committee, like the majority of the Democrats in Congress, allow the Republicans to rule, even though they are very few in numbers.
The Republicans on the ethics committee are using this matter at the same time that they are prosecuting Charlie Rangel for his tax violations. The problems that Charlie has are real. The Maxine matter is fiction. Maxine is a constant critic of the many insensitive white people who surround our president. Black people are not getting contracts or any other benefits that come from the legislation that the Congress enacts.
Maxine is the number three person on the Financial Services Committee. As such, she is in conference between the Senate and the House when very important legislative matters are negotiated. She is a very vocal advocate for the interests of Black people. She does try to help her husband and those close to her when she can. She is critiqued for doing both. Racism not ethics
The case that is being made against Congresswoman Maxine Waters should have been dismissed long ago. It has nothing to do with conflict of interest. It is a case about race. The case was developed and promoted by the secretary of the treasury and his posse. The case is about a congresswoman who dared to question the very bandits who wrecked our economy and who were being hired to repair it. As the No. 3 person on the on the Financial Services Committee, she is in conference between the Senate and the House when very important legislative matters are negotiated. She is a very vocal advocate for the interests of Black people.
Early in the president’s term, Maxine criticized the appointment of Geithner and later his associates. They were all white men. Geithner, in addition to all else, was a tax cheat. They were party to the problem that they were now being hired to fix. It was the foxes being hired to protect the hen house. None of them had a history of fairness and justice in racial matters. They deployed the spoils of the $700 billion TARP to their friends and former colleagues. They showed little interest in either the financial problems or the financial abilities of money practitioners in the Black community.
When Maxine pointed out the obvious, the racists at Treasury ignored her. When she would not go away, they filed trumped up charges of ethics violations. Being the deceptive operators that they are, they did not openly file such charges. They leaked manufactured information to the New York Times.
The Times, as was the case in the Iraq war, played the tool of the administration. It carried Geithner’s water. Rather than examining the congresswoman’s public disclosure statements and finding the facts, they ran with the inaccurately leaked information. Its reporters cared more about how Sydney Williams, Maxine’s husband, earned and saved $500,000 than they did about the ethics matter. These reporters were so inexperienced that they could not discover how or if the Waters home in northwest Washington, D.C., was financed. They actually asked Maxine who held the mortgage on her northwest Washington, D.C., home. The home had been paid for many years before.
The Black point of view can seldom find public expression except in the Black press. White people own and dominate both the print and electronic media. The talk shows seldom allow honest expressions of the Black point of view. Editors who fear for their jobs control Blacks who work for the white print media. This conservatively owned media would not question the conflict of interest inherent in the Geithner appointment.
Post Comment Private Reply Ignore Thread Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 1.
#1. To: A K A STONE (#0)
ACTUAL TITLE: "Black leaders stand strong for Congresswoman Maxine Waters, champion of economic justice" You see a problem with this?
#2. To: Capitalist Eric (#1)
Nope, he rarely ever does.
8D Waiting for the Jane Harman, Schumer, Lieberman probes. 8D
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