The day the democrats
took over was not January 22nd 2009, it was actually January 3rd 2007 the day
the Democrats took over the House of Representatives and the Senate, at the very
start of the 110th Congress.
The Democrat Party controlled a
majority in both chambers for the first time since the end of the 103rd Congress
in 1995.
For those who are listening to the
liberals propagating the fallacy that everything is "Bush's Fault", think about
this:
January 3rd, 2007 was the day the
Democrats took over the Senate and the
Congress.
At the
time:
The DOW Jones closed at
12,621.77
The GDP for the previous quarter
was 3.5%
The Unemployment rate was
4.6%
George Bush's Economic policies
SET A RECORD of 52 STRAIGHT MONTHS of JOB
GROWTH
Remember the
day...
January 3rd, 2007 was the day that
Barney Frank took over the House Financial Services Committee and Chris Dodd
took over the Senate Banking Committee.
The economic meltdown that
happened 15 months later was in what part of the
economy?
BANKING AND FINANCIAL
SERVICES!
Unemployment... to this CRISIS by
(among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the
economy from YOUR Fannie Mae and Freddie Mac
FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie &
Freddie - starting in 2001 because it was financially risky for the US
economy.
And who took the THIRD highest
pay-off from Fannie Mae AND Freddie Mac? OBAMA
And who fought against reform of
Fannie and Freddie? OBAMA and the Democrat
Congress
So when someone tries to blame
Bush,
REMEMBER JANUARY 3rd, 2007.... THE
DAY THE DEMOCRATS TOOK OVER!
Budgets do not come from the White
House. They come from Congress and the party that controlled Congress since
January 2007 is the Democrat Party.
Furthermore, the Democrats
controlled the budget process for 2008 & 2009 as well as 2010
& 2011.
In that first year, they had to
contend with George Bush, which caused them to compromise on spending, when Bush
somewhat belatedly got tough on spending
increases.
For 2009 though, Nancy Pelosi
& Harry Reid bypassed George Bush entirely, passing continuing resolutions
to keep government running until Barack Obama could take office. At that time,
they passed a massive omnibus spending bill to complete the 2009
budgets.
And where was Barack Obama during
this time? He was a member of that very Congress that passed all of these
massive spending bills, and he signed the omnibus bill as President to complete
2009.
If the Democrats inherited any
deficit, it was the 2007 deficit, the last of the Republican budgets. That
deficit was the lowest in five years, and the fourth straight decline in deficit
spending. After that, Democrats in Congress took control of spending, and that
includes Barack Obama, who voted for the
budgets.
If Obama inherited anything, he
inherited it from himself. In a nutshell, what Obama is saying is I inherited a
deficit that I voted for and then I voted to expand that deficit four-fold since
January 20th.
There is no way this will be widely
publicized,
unless
each of us sends it on!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
We value an open exchange of ideas, even from those who disagree. However, please remember that even minor children can come across websites on the internet. Please use respectful language suitable for auidences of all ages.