How is maxine waters making so much money

how is maxine waters making so much money

Democratic Rep. Maxine Waters, chair of the House Financial Services Committee, told CNBC on Wednesday banks have «extraordinarily high» executive salaries and should do hlw to boost employee pay, because they were helped by the Republican tax cuts and are flush with profits. And so yes, they should do better by employees; they should be nuch the pay. On Wednesday, the CEOs of some of the country’s top banks were on Capitol Hill to testify before the House Financial Services Committee on how the industry has changed 10 years after the financial crisis. They were asked questions on everything from diversity and salaries to Russian accounts i policies involving gun manufacturers. Waters said when the banks received benefits from the tax reform signed by President Donald Trumpthey pledged to invest that money. She said there’s an expectation they will create new programs, expand branch banking, reduce costs and take other steps.

Democratic Rep. You get what you pay for. Back during the financial crisis of to , which wiped out trillions of dollars of the wealth and retirement savings of middle-class families, we put the two major arsonists in charge of putting out the fire. Former Democratic Sen. Chris Dodd of Connecticut and former Democratic Rep. Barney Frank of Massachusetts were the co-sponsors of the infamous Dodd-Frank regulations. That worked out well. Meanwhile, Dodd took graft payments in the form of low-interest loans from Countrywide, while greasing the skids for the housing lenders in these years. Instead of going to jail or at least being dishonorably discharged from Congress, he wrote the Dodd-Frank bill to regulate the banks. Enter Maxine Waters. One of the biggest institutions that have failed this year was Fannie Mae and Freddie Mac. This is an institution that your friends, the Democrats, in fact, you, Congresswoman Waters, did not want to regulate.

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I have to confess that Waters is very persuasive. I feared when the show was over that I had gotten my numbers wrong and that I had falsely charged the congresswoman of corruption.

Rep. Maxine Waters (D-CA) Named One of the Most Corrupt Members of Congress

If you really stop to think about it for a moment, there is a lot of money to go around in this world. The problem is getting a healthy chunk of it for yourself. While most people live paycheck to paycheck for much of their lives, there are others who seem to have more than enough money to go around. You might be sitting there wondering just how they were able to get so much money to begin with. Some earned it through inheritance, while others through sheer determination. Others have invested wisely and still others go it through good luck, such as winning the lottery. No matter how you look at it, you can also get that much money if you are in the right place at the right time. That is the case with Maxine Waters. You might be reading this and have no idea who Maxine Waters even is.

Marguerite Archie-Hudson. As Maxine Waters and I talk about the past year and what’s to come, the television remains on in the background, playing political news. Retrieved October 25, Waters came under investigation for ethics violations and was accused by a House panel of at least one ethics violation related to her efforts to help OneUnited Bank receive federal aid. Maxine Waters have business links to people the influential lawmaker has aided ; The Los Angeles Times. Campbell III.

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They are talking heads, they are sound bites, they are stump speeches behind lucite teleprompters. In other projects Wikimedia Commons Wikiquote. Maxine Makking Faces Three Charges». Originally from Los Angeles, Parham is the founder of Spooka amxine journal for emerging voices. March 2, Archived from the original on March 1, Levin M. I asked her about how she felt about how people view. Maxine Waters, a powerful ‘liberal institution’ in Congress, has raised ethics eyebrows in the past. House : D. She said, «The Los Angeles Times has had an inordinate waers on public opinion and has used it to harm the local community in specific how is maxine waters making so much money. US Senator Kamala Harris of California and gospel singer Shirley Caesar both experienced brief streaks of virality, fashioned into emblems meant to capture the tenor of a particular emotion: Harris as the look of unflappable stoicism and Caesar as an anthem of raucous gratitude. Waters expects of all of us.

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She was alluding to her tenure on the House Financial Services Committee, where she has gone toe to toe with Wall Street and helped to temper the subprime mortgage calamity of the late aughts. And in Maxine Waters, one of the longest-serving public servants in the House of Representatives, the cognoscenti have found an emblem of humor and justifiable outrage. Jason Parham. Our oscillating perception of contemporary politicians—especially in online ports, where brevity is a tool of necessity rather than context—finds substantial root in the decorative vernacular of memes.

She is a welcome fury in a time of feverish strife. But because Waters is a black woman of firm convictions who carries out her business in public, appearing on talk shows and calling for impeachment on Twitter, her symbolism has come to convey manifold meanings.

She is not simply a veteran lawmaker who voted against the Iraq War and has taken on the Tea Party; now, her image consumed and recontextualized by the restless churn of the internet, she has fueled a movement. Waters has been memedGIFedquoted, remixed and remixed againand hashtagged a thousand times over as a classically trained thrower of shade, a bringer of tea and receiptsa snatcher of wigs, a champion of the people, and a seasoned reader of filth molded in the form of the archetypal Black Auntie.

Waters has been memed, GIFed, quoted, remixed and remixed againand hashtagged a thousand times over as a classically trained thrower of shade, a bringer of tea and receipts, a snatcher of wigs, a champion of the people, and a seasoned reader of filth.

But consumption on the internet is an erratic, inequitable matter. It would not be an overestimation to state that the black woman has never had full control of how she is regarded in the registers of the American conscience.

The internet can generate a false perception of a person, and Waters is no exception. US Senator Kamala Harris of California and gospel singer Shirley Caesar both experienced brief streaks of virality, fashioned into emblems meant to capture the tenor of a particular emotion: Harris as the look of unflappable stoicism and Caesar as an anthem of raucous gratitude.

In the course of the past eight months, she has become an unlikely repository for the hopes, expectations, and assumptions of a progressive brigade caught in the conservative hellfire of health care reform and immigration overhaul. But what will we choose to hold onto? But let us not forget why we reached for her in the first place. Life is about not only aspiring to opportunity but about not allowing people to dismiss you, to undermine you, to intimidate you—you have to find a way to not only speak up for yourself but to organize with others so we can challenge injustice.

More From the Author. He was previously an editor at The Fader and Gawker. Originally from Los Angeles, Parham is the founder of Spooka literary journal for emerging voices. Senior Writer Twitter. Topics memes politics.

Rep. Maxine Waters: Donald Trump Is A ‘Danger’ — MCNBC


I nRep. Maxine Waters, D-Calif. They added her again in and one more time in This story feels like an extension of the corrupt-but-not-quite-illegal familial kickbacks for which the Waters family has become well-known. She was cleared of the charges in Her grandson was the one who took the fall.

Who Is Maxine Waters?

And by «took the fall,» I mean he received a reprimand. The reporting showed that her children profited directly from her connections, including that they collected hefty fees from campaigns she had moneu. The California lawmaker defended herself at the time by saying»They do their business and I do. Beltway Confidential.

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