Carolynr wrote: 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 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 propa-

	gating the fallacy that everything is "Bush’s Fault”, 

	think about this: January 3rd, 2007 was the day the Demo-

	crats 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 Finan-

	cial 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 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 DEMO-

	CRATS TOOK OVER!” 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. Further-

	more, 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.

	

Posted by: the botnet at 10:14 AM | No Comments | Add Comment
Post contains 517 words, total size 4 kb.