Waters may not be the only Democrat in trouble if this is true...

...House Ethics Committee suddenly postponed the trial of Maxine Waters on ethics violation because it found more evidence of direct intervention by her office to benefit the bank in which her husband owned a substantial interest.

Bombshell evidence may make Waters an ethics nightmare for Dems

Important financial information the Democrats don't want you to know

VIDEO: Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown

Shocking list! Bush and Republicans repeatedly called for financial reforms and were blocked by Democrats--who took over Congress in 2006--including Chris Dodd (Chairman of the Senate Banking Committee) and House Financial Services Committee Chairman Barney Frank and more

VIDEO REMOVED (wonder why) but text explains all: Democrats distorted the market through the CRA and through Fannie and Freddie’s massive securitizing of bad debt, and then blocked regulators from doing their jobs...shocking Congressional Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac (2004)

The mess gets messier

Anyone trying to understand why the credit mess keeps getting messier needs only to have sat through Wednesday's hearing of the House Financial Services Committee. The eight bank CEOs were mere props. The stars were the politicians, who managed to demand more loans for consumers while simultaneously giving lenders new cause to wonder if they'll ever be repaid. This gathering of the esteemed Committee on Doubt and Uncertainty occurred as markets desperately need less of both.

Committe On Doubt And Uncertainty

Maxine Waters comes out

"This liberal will be all about socializing, uh, uh . . . would be about . . . basically taking over and the government running all of your companies," Rep. Maxine Waters told oil executives on May 22 during yet another show-trial congressional hearing.

Socializing, nationalizing — the term doesn't matter. But the result is the same. Oil industry takeovers are disastrous. Does Waters really want the U.S. to go the way of Venezuela, Iran, Bolivia or Mexico? Those nations that have nationalized their domestic oil operations and have suffered economically because of it.

Read the whole thing!