Embattled Rep. Maxine Waters on Friday blamed the Bush administration for her ethics problems -- saying she had to intervene with the Treasury Department on behalf of minority-owned banks seeking federal bailout funds -- including one tied to her husband -- because the Treasury Department wouldn't schedule its own appointments.
The California Democrat said in a Capitol Hill news conference -- an event rarely held during a congressional recess -- that she reached out to then-Treasury Secretary Hank Paulson in late 2008 when his department failed to respond to the National Bank Association's request for a meeting
The worst thing for the Obama administration is for both the Waters and Rangel trials to turn racial. If that were to happen, he'd be stuck between the proverbial rock and hard place.
If he were to sign on to the idea that the charges against both are racist in nature, that would turn off most of the electorate. If he didn't however, that would turn off African Americans. Either way, he'd lose support somewhere. Already, we're getting more and more support in mainstream liberal thought that these charges are racist in nature. Kirsten Powers made the suggestion on Special Report on Thursday. It's clear that Maxine Waters will make race an issue in her trial and if Rangel does the same, that would amp up racial tensions exponentially.
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