http://www.latimes.com/news/opinion/la-oe-rutten14-2009mar14,0,144897.column
Rep. Maxine Waters, the Democratic congresswoman who has represented a swath of South Los Angeles and surrounding communities such as Inglewood and Hawthorne for nearly 20 years, is one of Southern California’s toughest and most influential lawmakers.
Dating back to her days in the Assembly, where she was an early champion of the anti-apartheid Sullivan Principles, Waters has an admirable record of championing issues important to working men and women and, especially, to people of color. But she also has shown a disturbing inability to adequately distinguish her family’s interests from those of the public.
This week, the Wall Street Journal and the New York Times reported that Waters used her access as a senior member of the latter committee to arrange two meetings between officials of the Treasury Department and a group of banks owned by African Americans.
Ostensibly, the bankers wanted to talk because their institutions had been hard hit by the implosion of Freddie Mac and Fannie Mae. According to the New York Times, though, Kevin Cohee—chief executive of OneUnited Bank—took the opportunity to plead for a $50-million bailout of his institution.
“Here you had a tiny community bank that comes in and they are not proposing a broader policy—they were asking for help for themselves,” former Treasury aide Stephen Lineberry told the Times. “I don’t remember that ever happening before.”
Officials told both papers that they were even more taken aback when they discovered that Waters’ husband, Sidney Williams—a U.S. ambassador to the Bahamas under President Clinton—was a former director of One- United Bank, that she herself had once owned as much as $500,000 worth of its stock and that her husband still holds two blocks of its securities, each valued somewhere between $250,000 and $500,000. Waters had arranged the meetings without disclosing any of these facts.
This isn’t the first time Waters has done something questionable.
This isn’t the first time Waters has run into this sort of family trouble. In 2004, an investigation by this paper showed that her husband, son and daughter had made more than $1 million trading on their relationship to the congresswoman. Their “businesses” included a golf course franchise obtained from L.A. County and at least $500,000 in commissions Williams earned consulting for a bond underwriting firm seeking business from public agencies in Waters’ district. Williams had no previous experience in the bond business.
The article points out that none of these activities are illegal. But it is sleazy, why does she go things like this?
A dead parrot could win there if it had “Democrat” after its name. Waters has won at least 80% of the vote in every election for 20 years, except for 2002, when she got 78%...t’s a heady legacy, but somehow in the 70-year-old Waters’ case, it’s faded into a tawdry sense of entitlement—a sense that it’s OK to do well out of doing right, even though it’s not.
I used this story as a springboard to discuss something that has bothered me for some time, our gerrymandered district practically insure that representatives will be re-elected. This lack of competition causes our Reps to be arrogant and unresponsive to the people that they are representing. Often, our Representatives look at their office as a way to enrich themselves or their family. I think that it is high time to turn the task of drawing districts to a non-partisan committee or a computer program. This will introduce a little competition to elections. Hopefully, competition or turnover will stimulate the Congress. What do you guy’s think?