Interesting Political Read

GOOD READING! ALL AMERICANS SHOULD READ THIS AND UNDERSTAND

HOW WE GOT TO WHERE WE ARE NOW.

REMEMBER JANUARY 3, 2007?????????????

*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 Democratic 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 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 & 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!*