**** People tend to overlook this – especially Democrats.****
**** **** *here's the link: http://www.assaultweb.net/forums/showthread.php?t=136235-- it repeats this article on many places and you can read the responses to it... ***** **** **** *DO YOU REMEMBER **JANUARY 3, 2007**? This can be a real eye opener.***** *This tells the story** **of why Bush looked so bad at the end of his term. Don’t just skim over this. It’s not very long. Read it slowly and let it sink in. If in doubt, check it out!* *The day the Democrats took over was not January 22**,** 2009. It was actually **January 3,** **2007**. T**he 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 **f**ault,**”** 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 CONSECUTIVE 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!***** *Congress added 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 DEMOCRATS 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.** **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 approved expanding that deficit four-fold **since January 20**, **2009.***** *There is no way this will be widely publicized, unless each of us sends it on!***** **** **** **** -- Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more.
