This can be a real eye opener.
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? BARACK HUSSEIN OBAMA
And who
fought against reform of Fannie and Freddie? BARACK HUSSEIN 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 Hussein
Obama, who voted for the budgets. If Obama inherited anything, he inherited it
from himself.
In a nutshell, what Barack Hussein 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!
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