Saturday, June 30, 2012


Why Bush was so bad at the end of his term.

The other side of the story

This tells the story, why Bush was so bad at the end of his term.

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 not January 22nd 2009, it was actually January 3, 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 at12,621.77
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 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 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!

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