Frank Replacement on Financial Services Committee Wants to Spend Spend and Spend Some More

As the retirement announcement of Rep Barney Frank, Democrat from Massachusetts, reverberates through the Capitol Dome, others are already starting to eye his seat as the top Dem on the House Financial Services Committee.

Among those jockeying for his committee seat is Rep Maxine Waters from California who said,

“As the next most senior member of the committee, the current ranking member on the Capital Markets subcommittee and the former chair of the Housing and Community Opportunity subcommittee, I hope to use my experience to continue and expand his work in the committee.”

If you think Barney Frank was a leftist liberal, wait till you see Maxine Waters.  She makes Frank almost seem like a conservative.

Waters has repeatedly voted for one piece of spending legislation after another.  She voted for Obama’s initial stimulus bill along with Stimulus 2.  When Obama turned his attention to jobs, Waters spoke out with her desire to spend another $1 trillion and more for a jobs stimulus package.  It didn’t matter to her that the country was already in a financial crisis over Obama’s previous stimulus packages, her solution is spend, spend and spend some more.

After the 1992 Rodney King riots in Los Angeles, Waters commented,

“If you call it a riot, it sounds like it was just a bunch of crazy people who went out and did bad things for no reason.  I maintain it was somewhat understandable, if not acceptable.  So I call it a rebellion.”

Waters is also a black who is racist against white people.  On more than one occasion her disdain for Caucasians has surfaced such as the statement she made in 1993 in an interview with the LA Times when she said,

“Policy, for the most part, has been made by white people in America, not by people of color.  And they have tended to take care of those things that they think are important.  Whether it’s their agricultural subsidies, or other kinds of expenditures that are certainly not expenditures for poor people or for people of color.  And so we have to band together and keep fighting back.”

In 2004, Waters sat as a senior member of the House Financial Services Committee that held hearings on the financial state of Fannie Mae and Freddie Mac.  Ignoring a series of red flag warnings, Waters defended her fellow socialist Frank Raines when she said,

“We do not have a crisis at Freddie Mac, and particularly Fannie Mae, under the outstanding leadership of Frank Raines.”

In 2008, Waters was part of a congressional panel questioning the oil companies.  During those hearings, she revealed her true socialist ideology when she said,

“Guess what this liberal would be all about?  This liberal would be about socializing … uh, umm.  … Would be about, basically, taking over, and the government running all of your companies.”

In August of this year, Waters was speaking to a crowd of her constituents in Inglewood, California when she said,

“I am not afraid of anybody.  This is a tough game.  You can’t be intimidated.  You can’t be frightened.  And as far as I’m concerned, the Tea Party can go straight to hell.”

These rantings from a lady who claims to be always mad about something are only scratching the surface of her repertoire of leftist lashings that reveal her true nature.  Waters is an angry black extremely far left liberal socialist who hates whites, big business and conservatives, especially those in the Tea Party, whose solution to everything is spend, spend and spend some more.

And now she has set her sights on the position of top Democrat on the House Financial Services Committee being vacated by Barney Frank.  Heaven help us if she succeeds.