TROUBLED WATERS - AT 7:05 P.M. ET:  From The New York Times:

WASHINGTON — Top banking regulators were taken aback late last year when a California congresswoman helped set up a meeting in which the chief executive of a bank with financial ties to her family asked them for up to $50 million in special bailout funds, Treasury officials said.

Representative Maxine Waters, Democrat of California, requested the September meeting on behalf of executives at OneUnited, one of the nation’s largest black-owned banks. Ms. Water’s husband, Sidney Williams, had served on the bank’s board of directors until early last year and has owned at least $250,000 in stock in the institution.

COMMENT:  Why am I not surprised?  Maxine Waters is one of those pseudo-leftist congressional frauds who constantly reminds us that she represents "my people."  I suspect that "my people" usually means her immediate family.

There's not much chance this will end her career.  She'll just tell "my people" that those coming after her are bigots, and the votes will pour in.  It's so sad when voters are so manipulated.

March 12, 2009