It wasn’t easy to find someone for top Democrat on the House Financial Services Committee as bad as the corrupt pervert Barney Frank, whose apartment was once the HQ of a homosexual prostitution service — but the Dems managed. Maxine Waters is next in line for the position.
Frank did more than anyone else to shield Fannie Mae and Freddie Mac from scrutiny in the years running up to the total financial meltdown they caused.
“I do think I do not want the same kind of focus on safety and soundness that we have in OCC [Office of the Comptroller of the Currency] and OTS [Office of Thrift Supervision],” Mr. Frank said on September 25, 2003, in one of his many legendary rhetorical hits. “I want to roll the dice a little bit more in this situation towards subsidized housing.” The dice came up snake-eyes for the housing market and U.S. economy.
After Frank’s policy of putting people in houses they could not afford in the name of “social justice” inevitably brought about economic disaster, he was made Chairman of the Financial Services Committee. The predictable result was another catastrophe: the Dodd-Frank bill, which sets the Too Big to Fail bailout philosophy in stone, while allowing the government to worm its tendrils ever deeper into the financial sector, facilitating crony capitalism and ensuring corruption and eventual collapse.
How could even Maxine Waters be as bad? First, she is a socialist thug, by her own admission. Here she is revealing her goal of nationalizing the energy sector:
Second, she is openly hostile to the principles this country was founded on. Here she is telling the Tea Party to “go straight to hell”:
Third, and most specific to banking, she is a criminal, who avoids prison only by flashing her Congressional Black Caucus stay out of jail free card. Her crime: bank fraud. She secured a fortune in bailout funds for the negative-equity “zombie bank” OneUnited, in which her husband owned substantial stock.
To get an idea of what financial policy would be like with Maxine Waters at the helm, here she is threatening bankers (“gangsters” as she calls them) that she would “tax them out of business” if they aren’t sufficiently compliant when it comes to providing people with mortgages they can’t afford — the very problem that caused the 2008 collapse:
If Demorrhoids take back control of the House, this horrible creature will be in a position to finish nationalizing the financial sector. Imagine the Soviet Union, except run by mentally retarded criminals with a grudge against their own country; that’s the future liberals have planned for us.
At this point, a vote for Democrats isn’t just foolish. It is both suicidal and treasonous. Voting for this scum is a wretched, evil thing to do. But led by the nose by the leftist media, millions will do it.
On a tip from Varla.