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 22, 2009, it was actually January 3, 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 3, 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 2009.
There is no way this will be widely publicized, unless each of us sends it on!
The day the Democrats took over was not January 22, 2009, it was actually January 3, 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 3, 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 2009.
There is no way this will be widely publicized, unless each of us sends it on!
9 comments:
Are you not well. Demo.-Repubs. Where have you been? To keep babaling about this shit is stupid. Their the same,their all criminals. It's time people like you get some help. You'v got a problem.
HAVE U BEEN LIVING UNDER A ROCK?!
WHO WAS PRESIDENT WHEN 9/11 HAPPENED?
MORE B.S. LAWS have been implemented since that time for the "protection of the American People" - and BILLIONS SPENT on Homeland Security and SURVEILLANCE!
Do your research....CONNECT the dots....and find out what their REAL name is and who their morally aligned with?!
WAKE UP AND ADMIT that we have ALL BEEN LIED TO!
FIGURE OUT WHO THE PUPPET MASTER IS in this country and there you can point your finger and ask:
WHY - IN THE NAME OF GOD - WOULD YOU DO THIS TO THE CITIZENS of this once great country?!!
lol denial.
No..both parties are to blame,and are in fact conspiring to hand this nation completely over to the globalists.
John if you want to be taken seriously as a source of information for those who are awake,I HIGHLY recommend you cease posting the ignorant delusional rantings of brainwashed Republitards and Democraps
Wow john can you stop posting such partisan garbage. One thing is to call out on Obamas hypocrisy but defending the Bush family is equal to defending Satan. This is a blog that is named NESARA not right wing political BS
Partisan politics only to divide the populace amongst themselves so the governance can continue with their designs. I advise being aware of corruption on both sides because as much as republicans want to blame democrats and vice versa, we will not fix anything until republicans can admit the wrong bush did and democrats can see the wrong Obama is doing. Partisan bickering has fixed and will continue not to fix anything. We are all Americans and we are all being screwed by both parties.
(...awaits the "but ... is/was much worse than ...")
I agree with most of the commentors above, please stop insulting our intelligence. No one buys it except those total brainwashed by Fox News. We don't want to hear pro Republican or pro Democrat crap. We are beyond that. We know both parties are on the same side divide and conquer.
You all commenting like YOU ARE AWARE!
LOVE IT
That's what this blog is about - getting you all aware.
The politicians BS has no credibility any more.
Awesome and so very fitting.....
Republitards and Democraps!!!!
I'm going to add 3 things: Hurricane Katrina, 9/11, Democrats defending Fannie & Freddie. Good reading. Nice job collecting the info. Very, very helpful.
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