This was sent to me by a very old and dear friend. I thought that I would share it with all of you.
This is not meant to offend anyone, just passing
along interesting information. Voting can detrimental to our country’s future
and our children’s futures, but be educated when casting your vote. It is your
God given American right!
Some people have short memories..
DO YOU REMEMBER JANUARY 3, 2007?
I’ve been saying this for years, but this email
probably explains it better and more clearly. This is NOT a political message,
but rather a clarification to remind us
all of the correct facts.
Remember that on October 9, 2007, 11 months before
our economic crisis occurred (that was actually created), the Dow hit its
highest point ever, closing at 14,164.53 and reaching 14,198.10 intra-day level 2 days later. Unemployment was steady at
4.7%. But things were already being put in place to create the havoc we’ve all
been experiencing since then. And it all started, as this email explains, on
January 3, 2007.
I'm writing this to each of you regardless of your
party preferences because I believe it is something you may not have
considered.
This tells the story, why Bush was 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 22nd
2009, it was actually January 3rd 2007, which was 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 thefirst 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 at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment ratewas 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? OBAMAand 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 pending, 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.
The facts are there and you can't spin them so don't even try....
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