Thursday, August 16, 2012

Do You Remember January 3, 2007 ?

This is beautiful, it fully explains the current state of our country and how we got here. George W. Bush was not a true conservative but these numbers do tell a good story. Read them closely and think about it.

Thanks to fellow Conservative and State Rep candidate Jeffrey Locke ( good luck in November ) and I see it has circulated around on the "internets" for some time now but it's still hard to argue with!



    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...on this same January  3rd, 2007 it 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 so 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 originate 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.     

    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!

No comments:

Post a Comment