Super Serious Democrats Name Maxine Waters Ranking Member of Financial Services
To show how serious they are about our nation’s fiscal mess, House Democrats have tapped renowned economic genius Rep. Maxine Waters (D – MENSA) to serve as the ranking member on the House Financial Services Committee. The ever-wise Democrats know that understanding simple banking concepts such as differences between the discount rate and the federal funds rate are beneath this fiscal savant:
She used this same stunning grasp of the free market system to communicate her desire to engineer a socialist takeover of oil companies in the middle of Congressional hearing:
And let’s not forget this intellectual giant’s bold assertion years ago that there was absolutely nothing wrong at Fannie Mae or Freddie Mac:
We should all be thankful that Democrats stepped up and offered up the services of the fiscal policy wizard that is Maxine Waters to our great nation. Given her vast intellect, grasp of fiscal issues, and knowledge of all things monetary, there is no doubt that America will soon be back on the path to prosperity.