The Mess (You need to read this slowly and REMEMBER WHAT YOU READ)

 

The Mess

(You need to read this slowly and REMEMBER WHAT YOU READ)

 

 

This tells the whole story, why Bush was so bad at the end of  his term. Don't just skim over this, it's not long,  but 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 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 3, 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 U.S. 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 3, 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 Democratic 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 and 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 he inherited a deficit that  he voted for, and then he voted to expand that deficit four-fold  since January 20.   There is no way this will be widely  publicized, unless each of us sends it on!    sent to me by the gman.