Maxine Waters’ ‘Diversity Committee’ May Pressure Banks to Make Bad Loans

Rep. Maxine Waters, D-Calif., has a habit of redoubling her efforts when her ideas fail. That’s especially true given that she now chairs the House Financial Services Committee. One of her top priorities is bullying banks into boosting mortgage lending to marginally qualified borrowers based on race or ethnicity. And her main vehicle for that now is a proposed subcommittee on diversity and inclusion. In a prepared statement on January 30, she declared, “I am proud to say that this will be the first Subcommittee of its kind in Congress.”

One hopes it will be the last. For if she gets her way, the outcome, taken to its logical conclusion, may be a financial meltdown rivaling the one a decade ago.

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NLPC Raises New Questions About Maxine Waters Campaign Finances

Rep. Maxine Waters took the helm of the Financial Services Committee this month after easily winning re-election as part of the Democrats’ House takeover. But according to the California Democrat’s post-election filing – which has prompted fresh calls for a full audit – her campaign may have some financial issues of its own to sort out.

The Citizens for Waters report to the Federal Election Commission from Dec. 11 lists $183,022 in debt to her daughter Karen Waters, who is in charge of distributing “slate mailers.”

The mailers have faced scrutiny since 2010 because the campaign, beginning in 2004, has paid Waters’ daughter or her public relations firm Progressive Connections to produce, print and mail the sample ballots. Watchdog groups have raised questions about the propriety of campaign funds financially supporting a family member, as well as Waters raising contributions in excess of federal limits through an unusual process. Since … Read More ➡

Stone Arrest is Mueller’s Political Theater; No Decision Yet on Constitutional Challenge

The dramatic, predawn arrest of Roger Stone demonstrates how Robert Mueller’s investigation has devolved into political theater. Helmets and flak vests, really, were they afraid Roger would hurl martini glasses at them? Or maybe Roger would come out blazing with his tennis racket? This show of force — with CNN’s camera’s conveniently present — was meant to suggest that Stone was some kind of dangerous criminal.

But the indictment itself is proof positive that Mueller probe has come up empty. Finding Stone’s role in the release of DNC emails by WikiLeaks was always Mueller’s Plan B. If he could not directly implicate Trump in Russian campaign interference, he could at least link a prominent Trump supporter to the email release, but he hasn’t even been able to do that. Mueller poured an enormous amount of time and resources into the pursuit of Stone, but it turned out to be a … Read More ➡

Sheila Jackson Lee Resigns from Subcommittee, Foundation in Wake of Ex-Staffer Suit

Rep. Sheila Jackson Lee has a well-earned reputation for vindictiveness. But she’s now reaped poetic justice. Yesterday the Texas Democrat resigned her posts as chairman of a House Judiciary subcommittee and the Congressional Black Caucus Foundation following a wrongful termination suit filed earlier this month by an ex-female staffer identified in court documents as “Jane Doe.” The former aide, who seeks $75,000 in damages, had been fired last spring after stating her intent to pursue legal action against a former foundation employee, Damien Jones, who allegedly raped her back in the fall of 2015, a time during which she interned for another House member. Lee has denied wrongdoing from the start. But increasing pressure from black colleagues helped persuade her to step down.

Now in her 13th term in office, Sheila Jackson Lee represents the heavily black 18th District of Texas, which encompasses a large portion of Houston. … Read More ➡

Kamala Harris Goes to Bat for the SEIU

Kamala Harris, the junior U.S. senator from California, is a woman in a hurry. Elected in 2016, Harris today announced her candidacy for president in 2020. “I’m running for president of the United States, and I’m very excited about it,” she told ABC’s “Good Morning America.” Her track record, however, suggests she would be the kind of president who among other things would cut ethical corners on behalf of labor unions. Back in 2015, Harris, as California attorney general, helped a powerful affiliate of the Service Employees International Union (SEIU) scotch the purchase of a half-dozen nonprofit health care facilities by a corporate buyer to protect union jobs. While a federal judge twice has dismissed allegations by the buyer, Prime Healthcare, that she abused her office, the case deserves another look.

Kamala Devi Harris, now 54, is a fast-rising Democratic Party star. Of Indian and Jamaican descent, she’s emerged … Read More ➡

How Long Can Democrats Make Excuses for Extremists Like Rep. Rashida Tlaib?

Rashida Tlaib isn’t a typical House of Representatives freshman. That may be why so many of her party colleagues are giving her tacit approval in the wake of her video broadside last Thursday against President Donald Trump. Rep. Tlaib, D-Mich., a Muslim born of Palestinian immigrant parents, having taken an oath of office only hours earlier, called for Trump’s impeachment in highly vulgar and inflammatory language. Party elders, including House Speaker Nancy Pelosi, offered a rebuke to her statement. But their words seemed more motivated by strategy than by principle. And a likely major explanation for this tacit approval is that Democrats are giving a free pass to Muslims in their nonstop celebration of “diversity.” It’s an attitude that endangers national security as well as coarsens debate.

The 2018 House elections were a windfall for the Democratic Party. Exploiting resentment of President Trump and Republicans generally, the party generated a … Read More ➡

Michael Avenatti Melts Down

Mary Altaffer/AP/REX/Shutterstock

Michael Avenatti, plaintiff’s attorney, media presence and sworn enemy of all things Donald Trump, for the past year has been inflicting himself on the public via CNN, MSNBC and other news outlets. It’s part of his campaign to remove Trump from office on behalf of his star client, porn star Stormy Daniels. Yet Avenatti’s main issue for now appears to be whether he can avoid oblivion despite his receipt of online crowdfunding donations. His longtime former law firm, Eagan Avenatti LLP, received a final eviction notice last month from an Orange County, Calif. court despite bagging numerous outsized awards and verdicts. And he’s facing a costly divorce settlement and a domestic battery charge. His many enemies might be thinking that all this couldn’t have happened to a nicer guy.

Michael Avenatti, now 47, a native of the St. Louis area, didn’t invent self-promotion within the legal profession. But … Read More ➡

Trump Should Make GM Repay Bailout Costs

In response to General Motors’ intention to close American assembly plants and effectively move manufacturing offshore, President Trump should seek repayment of costs associated with the auto bailout. The direct loss to taxpayers when the Treasury sold the last of its GM shares in 2013 was approximately $10 billion.

There is precedent for requiring direct bailout costs to be paid back. In January 2010, President Obama proposed a new fee on the banks that took TARP funds, even though TARP funds were already in the process of being paid back, and with interest. Obama said, “We want out money back. We want our money back, and we are going to get it.”

In 2013, the National Legal and Policy Center asked then-GM CEO Dan Akerson to repay the $10 billion, prompting his widely publicized refusal during a speech at the National Press Club.

The rationale for the bailout was to … Read More ➡

Maxine Waters’ Daughter Rakes in $200K for Slate Mailers This Election

This article by Joe Schoffstall appears on the The Free Beacon website:

The daughter of Rep. Maxine Waters (D., Calif.) will collect more than $200,000 from her mother’s campaign after its debts are paid off for leading a lucrative slate mailer operation, Federal Election Commission filings show.

Karen Waters has pulled in hefty payments from the campaign to run a slate mailer operation after the FEC issued an advisory opinion in October 2004 allowing Waters to run the operation from the Citizens for Waters, her mother’s campaign committee. Prior to 2006, Karen ran the arrangement through LA Vote, a state committee in California.

Karen is in charge of slate mailers, or endorsement mailers, in which candidates pay Rep. Waters’s campaign to appear on mailers that are sent to more than 200,000 residents in the South Central Los Angeles area, where Waters holds a good amount of clout. The mailers contain … Read More ➡

The Illegal Immigrant Caravan: Made in Chicago

The Central American human caravan, at this writing somewhere in Mexico, still has a long way to go before it (illegally) reaches our southern border. The distance from its country of origin, Honduras, to the nearest U.S. city, McAllen, Tex., is more than a thousand miles. That’s quite a haul. The Bataan Death March of April 1942, an atrocity conducted at Japanese gunpoint, was only 65 miles long. Given the physical risks, there can be no doubt that the caravan’s march, under cover of humanitarian impulses, is being enabled from above. There is no other way these people could have traveled as far as they have. It thus should come as no shock that this project is the handiwork of a tight network of radical activists in America.

By various accounts, the center of gravity for this campaign is a Chicago organization called Pueblo Sin Fronteras, which translated from … Read More ➡