Maxine Waters threatens to tax banks out of existence
Maxine Waters has a history of threatening private corporations as can be seen in the following video in which she threatens to nationalize the oil companies in the mode of Atlas Shrugged:
And now she is at it again, threatening to tax banks who refuse to modify loans at the behest of the Obama regime out of existence:
What Maxine Waters fails to mention is the fact that while she is railing against the “predatory” loan practices of these evil banks that it was liberal Democrat policies which forced these banks to give out loans to people who couldn’t afford them in the first place. Because these banks faced government reprisal if they did not give out these loans these banks gave out loans to dubious clients, and now that that policy has failed and the country is in crisis people like Maxine Waters are placing the blame for this crisis at the feet of the banks while refusing to admit that it was their policies which made the banks hand out these loans in the first place.
People like Maxine Waters now want to punish the banks for following federal guidelines while at the same time deflecting the blame for the Democrats’ failed policies.
America's Watchtower 
Steve, you know you are going to be labeled a “racist” for posting this about Maxine. I put her up there along with Sharpton and Jackson. She is a sh*t disturber that is disturbing on our dime. Constantly stirring the pot and trying to blame anyone about anything just to get her mug in the news. Is there anything special about her? Anything? Anyone? I can’t think of anything relevant she has ever done to help the American people.
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Yeah, I know that I will be called a racist for this but that is nothing new. 🙂
I have been called a racist so many times on this blog that it doesn’t even bother me any more because that is all the left has left. They cannot debate us on the issues so they have to resort to name calling, this is a sign that we are winning.
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Once again, Dems want to have it both ways.
Here’s Obama:
In His Activist Days Obama Sued Banks to Ease Lending Practices… Now He’s Suing Banks For Risky Mortgages
http://www.thegatewaypundit.com/2011/09/obama-administration-sues-17-banks/
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The left loves to forget that little fact that it was the left which forced the banks to make these loans in the first place.
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Barney Frank and Chris Dodd.
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Having a look from the inside, I can tell you that while banks and other lending institutions certainly contributed to the mortgage mess, the government is even more guilty. There are so many laws and regulations that dictate who banks can deal with, it really is a government run industry. Now this old bag is blaming someone else? Typical, it’s always someone else’s fault.
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Yep, they never want to look in the mirror and take responsibility for the actions.
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The progressive absolutely no shame Steve. They talk out of both sides of their mouth. They hammer the banks for making these so called predatory that they were forced to make because of progressive policies and then they turn around and slam the banks for tightening up their lending practices so these types of loans are not made again. These people have zero creditability Steve. We need to continue to expose these hypocrites for who they are.
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I agree, but I am afraid that too many people still don’t understand–because they aren’t paying attention–what role the left actually had in the mortgage meltdown. It is up to us to keep getting the word out there to as many people as possible.
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I have a very hard time believing that legislation ever passed the Congress and got signed by the President that the banks didn’t at least implicitly approve.
TGY
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John, Maxine Waters doesn’t care who takes the blame when things don’t work out the way they planned. As long as it is not her, why should she care. She will fade back into her CBC group and wait til the next issue comes up she can get some tv time with. From what I see, the CBC is only good for stirring the pot on any number of issues. They stick together and attack as a group. I hope Allen West just gets out of there, he doesn’t fit the criteria of being a CBC member except he is black, his morals and ethics are sure not along the lines of the rest of the members. He is a good man that is trying to do the will of the people and you can’t do it from a group of agitators. I think he had hopes of working with them, but now probably sees that is a lost cause. They only want to keep a solid divide between the races. Maybe they do more than that, but that is my take on the members.
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I agree, I hope that Allen West leaves the CBC. He should not be affiliated with such a hateful organization.
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I find it ironic that I hate the TBTF banks for the evil that they have perpetrated on the world and I am forced to defend them against idiots like Maxine Waters for trying to pass off the fault of stupid government policies to the TBTF banks. It is a strange world we live in, Steve.
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So, C of F, what you are saying is you are damned if you do or damned if you don’t? This is what our nation has become. Is one a lesser evil than the other??? Who knows!
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I hear you there CoF, this is one of those times when you actually have to say to yourself, “I can’t believe I am defending these guy.” Recently I thought the ACLU gat an issue right and I couldn’t believe I was defending them but there I was.
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You have to give credit where it is due, maybe by doing that someone will wake up, or not…we can always hope.
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It does happen every once in awhile.
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It must be difficult for Ms. Waters to find herself and her comrades so irrelevant. We’re wise to the left’s tactics and they won’t work anymore.
Ms. Waters, I’d say with all due respect, but, none is due – you can go straight to hell!
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Being out of power has some Democrats on edge; Maxine Waters is one, and Nancy Pelosi is another. I think Pelosi might actually be going senile.
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Here,Here! (golf clap)
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This is an example of the “big lie.” Tell a lie long and loud enough, and no matter how ridiculous it is, people start to believe it because they keep on hearing it.
So it is with this absurd notion that the government held a gun to the heads of the banks and forced them to dispense money in the form of mortgages to people who didn’t have a prayer of paying it back. I think the people in charge of spin at the banks should get bonuses, though, because they’ve done a magnificent job – they threw away tons of money in a scheme that threatened the financial security of the entire world, then got our government to bail them out, and managed to deflect the blame from their own mismanagement and poor judgment to the government and the people to whom they extended the loans that turned out to be poorly-performing.
Is this also why banks sent out pre-approved credit cards to people of all ages, as well as dogs, cats and other family pets and livestock?
Interestingly, the American consumer is significantly reducing dependence upon credit. Look for the banks, over the next few years, both to take credit for this trend as well ad to demonize it, doing everything they can to encourage people to return to their former dependence upon credit.
As for Ms. Waters, has any initiative of hers every become public policy? That is to say, is it really realistic to concern ourselves with her inane natterings? As one of 435 Representatives, and a member of the minority party, she doesn’t really hold such an influential position, except of course for her entertainment value.
I hope everyone, in marking this weekend, spends a few moments reflecting on the part played by the American worker in developing this great nation.
Take good care and may God bless us all!
TGY
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