Read it slowly.......ObombA inherited the mess he vote for in the senate
Winblows at LAVABIT.COM
Mon Sep 10 10:09:01 MDT 2012
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The Mess and how Obama inherited it - read it
slowly and let it sink...
This tells the whole story, why Bush
was so bad at the end of his term.
Don't just skim over this, it's not
long, but read it slowly and let it sink
If in doubt, check it out!
The day the democrats took over was not
January 22nd 2009,
it was actually January 3rd 2007, the
day 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
For those who are listening to the
liberals propagating the fallacy that
everything is "Bush's Fault", think
January 3rd, 2007 was the day the
Democrats took over the Senate and the
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was
The Unemployment rate was 4.6%
George Bush's Economic policies SET A
RECORD of 52 STRAIGHT MONTHS of JOB
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
The economic meltdown that happened 15
months later was in what part of the
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
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
OBAMA and the Democrat Congress.
So when someone tries to blame
REMEMBER JANUARY 3rd, 2007.... THE DAY
THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White
They come from Congress and the party
Congress since January 2007 is the
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
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
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
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
If Obama inherited anything, he
inherited it from himself. In a
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, 2008
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