Posted on 11/04/2010 2:34:46 PM PDT by afraidfortherepublic
Begin...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, the start of the 110th Congress. The Democrat(ic) 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 CREATION!
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!!!
THANK YOU DEMOCRATS for taking us from 13,000 DOW, 3.5 GDP and 4.6% 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 FIASCOS! (BTW: 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(ic) Congress
So when some one tries to blame Bush...Set the record straight on Bush!
*Now let's look at it a different way....
*The Washington Post babbled again today about Obama inheriting a huge deficit from Bush. Amazingly enough,...... a lot of people swallow this nonsense. So once more, a short lesson in Civics....
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. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 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 FY 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 FY 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 FY 2009.
If the Democrats inherited any deficit, it was the FY 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 *
REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel, and they were driving.
There is no way this will be widely publicized, unless each of us sends it on!
I’ve been pointing this out to dear leader’s followers for months and the usual response is a total ignore.
Ping for later
I once saw a graph posted here that had a line chart representing the deficit and an area chart that showed the party in charge of the house over time. It covered the last 40 years. I wish I could find that chart again.
well i remember it and wondered why Republicans did not bring it up. but its probably because the did not want to bring up GW to the rabid left. there is a lot they should have defended
GW for. They also should have heeded his words when he asked them to send a conservative budget to him.
Or they just say you’re wrong and change the subject.
I am also afraid what we have elected is a bunch of deal cutters...so not much better off.
The Donkey-dominated House of the 1980s (O'Neill, Rostenkowski and the whole gang of idiots) was the entity that pushed all the massive spending bills through, squandering the extra revenue from the tax-cut-expanded economy.
I had recived this email too. Sent it to some liberal friends...no reply.
it is very accurate - you can look up topics like budget by fiscal year and see that this is a very good post - it is also the type of FACT that will never be well told - not e4ven by John Boenher or any other leader in congress.
If you plot the number of Republican senators, and the number of Republican Congressmen, alongside a plot of the Dow-Jones, I think you will see consistent positive correlation.
someone i know posted a picture of Bush on their facebook page with the caption. “i screwed you. but thanks for blaming it on the black guy”
Betcha the liberals and their latchkeys in the LSM will be able to readily recall their ninth grade civics lessons as soon as the Republicans take control of congress. All of sudden the ignorant liberal masses will become experts in the separation of power of the three branches. Hell they might even be able to name the three branches of government as outlined in the ninth grade class
Here is is. Of course, the fact that Clinton didn't have to budget for the Cold War had a lot to do with why he was able to balance the budget.
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But Bush did keep the war separate from the budget, because the War was a temporary cost that shouldn't continue to recur.
Obama combined the war costs into the budget first thing, so as the war winds down, he'll be able to spend the war money on other things.
And do not forget that Bush seldom if ever vetoed any spending bill. Gave away a billon dollars of our tax money for AIDS research, I mean stole the money from taxpayers and is also a BIG RINO along with Rove.
Also, doubled the size of the DOE, created the BIGGEST transfer of walth in our nations history with his prescription drug benefit for seniors.
So let’s all remember when we are defending GW Bush that he was also along with his dad a socialist, like all the RINO’s in fairy land at the RNC.
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