bush was
This tells the story, why Bush was so
bad at the end of his term.
Don’t just
skim over this, it’s not very long, read it slowly and let it sink in. If in
doubt, check it out!!!
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!
It would be nice to keep this going until November 2012...
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