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B I O B....blame it on Bush...
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<blockquote data-quote="moreluck" data-source="post: 983512" data-attributes="member: 1246"><p><strong><span style="font-family: 'Times New Roman'"><span style="font-size: 18px"><span style="color: red"><span style="color: red"><strong>This tells the story, why Bush was so bad at the end of his term. Good reading for all of us, Dems, Reps, and Inds.... </strong></span></span></span></span></strong></p><p></p><p></p><p></p><p> </p><p></p><p></p><p></p><p><span style="font-family: 'Times New Roman'"><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">Some people aren't aware of all of this. Don't just skim over this, please read it slowly and let it sink in. If in doubt, check it out.</span></span></span></span></p><p> <span style="font-family: 'Times New Roman'"><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></span></p><p><span style="font-family: 'Times New Roman'"><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The day the democrats took over was <u>not</u> January 22nd 2009, it was actually January 3</span></span></span></span><span style="color: #000040"><span style="color: #000040">,</span></span> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">2007... the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this:</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time:</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The DOW Jones closed at 12,621.77</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The GDP for the previous quarter was 3.5%</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The Unemployment rate was 4.6%</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">Remember the day...</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">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.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">The economic meltdown that happened 15 months later was in what part of the economy?</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">BANKING AND FINANCIAL SERVICES!</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">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!</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">Bush asked Congress <u>17 TIMES</u> to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac? OBAMA</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">And who fought against reform of Fannie and Freddie?</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">OBAMA and the Democrat Congress</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">So when someone tries to blame Bush..</span></span></span></p><p></p><p></p><p></p><p></p><p> </p><p></p><p></p><p></p><p></p><p><span style="font-family: 'Times New Roman'"><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"</span></span></span></span></p><p><span style="font-family: 'Times New Roman'"><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">Budgets do not come from the White House. They come from Congress</span></span></span></span><span style="color: #000040"><span style="color: #000040">,</span></span> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">and the party that controlled Congress since January 2007 is the Democrat Party.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 &</span></span></span> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">2011.</span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">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.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">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.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">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.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040">If the Democrats inherited any deficit, it was the 2007 deficit, the last of the Republican budgets. That <em><em>deficit was the lowest in five years, and the fourth straight decline in deficit spending</em></em>. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets.</span></span></span></p><p> <span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"><strong><strong>If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is </strong></strong></span></span></span><strong><span style="color: #000040"><span style="color: #000040"><strong>"</strong></span></span></strong><strong><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"><strong>I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.</strong></span></span></span><span style="color: #000040"><span style="color: #000040">"</span></span></strong><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p><p><span style="font-size: 15px"><span style="color: #000040"><span style="color: #000040"></span></span></span></p></blockquote><p></p>
[QUOTE="moreluck, post: 983512, member: 1246"] [B][FONT=Times New Roman][SIZE=5][COLOR=red][COLOR=red][B]This tells the story, why Bush was so bad at the end of his term. Good reading for all of us, Dems, Reps, and Inds.... [/B][/COLOR][/COLOR][/SIZE][/FONT][/B][COLOR=black][COLOR=black][/COLOR][/COLOR] [FONT=Times New Roman][SIZE=3][COLOR=black][COLOR=black][/COLOR][/COLOR][/SIZE][/FONT] [FONT=Times New Roman][SIZE=4][COLOR=#000040][COLOR=#000040]Some people aren't aware of all of this. Don't just skim over this, please read it slowly and let it sink in. If in doubt, check it out. The day the democrats took over was [U]not[/U] January 22nd 2009, it was actually January 3[/COLOR][/COLOR][/SIZE][/FONT][COLOR=#000040][COLOR=#000040],[/COLOR][/COLOR][SIZE=4][COLOR=#000040][COLOR=#000040] [/COLOR][/COLOR][/SIZE][SIZE=4][COLOR=#000040][COLOR=#000040]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 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 [U]17 TIMES[/U] 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..[/COLOR][/COLOR][/SIZE][COLOR=black][COLOR=black][/COLOR][/COLOR] [FONT=Times New Roman][SIZE=3][COLOR=black][COLOR=black][/COLOR][/COLOR][/SIZE][/FONT] [FONT=Times New Roman][SIZE=4][COLOR=#000040][COLOR=#000040]REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!" Budgets do not come from the White House. They come from Congress[/COLOR][/COLOR][/SIZE][/FONT][COLOR=#000040][COLOR=#000040],[/COLOR][/COLOR][SIZE=4][COLOR=#000040][COLOR=#000040] [/COLOR][/COLOR][/SIZE][SIZE=4][COLOR=#000040][COLOR=#000040]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 &[/COLOR][/COLOR][/SIZE][COLOR=#000040][COLOR=#000040] [/COLOR][/COLOR][SIZE=4][COLOR=#000040][COLOR=#000040]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[I][I] [/I][/I][I][I]deficit was the lowest in five years, and the fourth straight decline in deficit spending[/I][/I]. After that, Democrats in Congress took control of spending, and that includes Barack Obama, who voted for the budgets. [B][B]If Obama inherited anything, he inherited it from himself. In a nutshell, what Obama is saying is [/B][/B][/COLOR][/COLOR][/SIZE][B][COLOR=#000040][COLOR=#000040][B]"[/B][/COLOR][/COLOR][/B][B][SIZE=4][COLOR=#000040][COLOR=#000040][B]I inherited a deficit that I voted for and then I voted to expand that deficit four-fold since January 20th.[/B][/COLOR][/COLOR][/SIZE][COLOR=#000040][COLOR=#000040]"[/COLOR][/COLOR][/B][SIZE=4][COLOR=#000040][COLOR=#000040] [/COLOR][/COLOR][/SIZE] [/QUOTE]
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