Gunner Asch
2011-12-10 18:30:12 UTC
Accountability:
Who is really to blame?
Who is accountable and responsible to the citizens of our Republic for
the financial straits we are in today?
Here are two separate articles saying the same thing in different
language; please read them both.
Remember the day the Democrats took over.
Or, in other words, It's still Bush's Fault because so many people don't
remember.
Don't just skim over this, 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, the 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 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 FIASCOES!
(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, Barney Frank, Maxine Waters and the Democrat Congress
So when someone tries to blame Bush...
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 they were driving.
Set the record straight on Bush!
"It's not that liberals aren't smart, it's just that so much of what
they know isn't so" -Ronald Reagan
B-B-B-B-But it's his Fault!
As president Reagan said (paraphrasing): "These facts can be difficult
things to deal with."
The Washington Post babbled again recently about Obama inheriting a huge
deficit from Bush.
Amazingly enough, a lot of people swallow this BULL.
So once more, a short civics lesson.
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.
Let's remember what the deficits looked like during that period: (below)
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!.......................
Who is really to blame?
Who is accountable and responsible to the citizens of our Republic for
the financial straits we are in today?
Here are two separate articles saying the same thing in different
language; please read them both.
Remember the day the Democrats took over.
Or, in other words, It's still Bush's Fault because so many people don't
remember.
Don't just skim over this, 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, the 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 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 FIASCOES!
(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, Barney Frank, Maxine Waters and the Democrat Congress
So when someone tries to blame Bush...
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 they were driving.
Set the record straight on Bush!
"It's not that liberals aren't smart, it's just that so much of what
they know isn't so" -Ronald Reagan
B-B-B-B-But it's his Fault!
As president Reagan said (paraphrasing): "These facts can be difficult
things to deal with."
The Washington Post babbled again recently about Obama inheriting a huge
deficit from Bush.
Amazingly enough, a lot of people swallow this BULL.
So once more, a short civics lesson.
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.
Let's remember what the deficits looked like during that period: (below)
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!.......................