Bush's Fault?????
I HAVE BEEN SAYING...AND WRITTEN SCRIPTS ON BEHALF OF THE NATIONAL REPUBLICAN CONGRESSIONAL COMMITTEE ABOUT IT FOR YEARS...I got this in an email...LIBERALS, BUSH-BASHERS, CHECK THE FACTS...
And it doesn't even mention the cost of oil and food at the time
Do you remember January2007??
This is just a History lesson.....
I am sending it to all regardless of party . I bet I know who wouldn't
read it -- those afraid of the truth. It is simply a fact in history
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, the day the Democrats took over the Senate and the
Congress:
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 that 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 (especially Barney ) 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). Barney
blocked it and called it a "Chicken Little Philosophy" (and the sky did
fall!)
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, especially BARNEY!!!!
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 the economy into the
ditch.
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 budget.
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:
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!
"The problems we face today exist because the people who WORK for a
living are OUTNUMBERED by those who VOTE for a living."
Copied from Jay Weisburd I was a scriptwriter for several Conservative political organizations---including the National Republican Congressional Committee, GOPac (the GOP Action Committee which trains future and new politicians), the Reagan Coalition, and numerous others...At the same time, I was also a telemarketer for those scripts...It is absolutely amazing how few Americans are aware of the truth and how many, because Bush was president when the market crashed, blame him...But the Bailout which allowed Executives of AIG, the insurance company which insures Congress, to spend $500,000 on AN EXECUTIVE WEEKEND AT A RESORT, to celebrate how they had just ripped off Americans, incouding those retired and unable to earn any more income, of their life savings, was concocted by a DEMOCRATIC CONGRESS...This Congress made sure there were no regulations on the bailout, so the money was never spent in restoring lost earnings...and not one person in executive and decision-making positions of any of these corporations has ever been indicted, let alone convicted...
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