And So I Go: Yesterday, Today and Tomorrow

Something to think about and PASS ON!

Posted on: December 5, 2011

This is from a friend and fellow blogger.  Read it and then pass it on to everyone on your email contacts list and paste it on your own blog.  You will never see this anywhere where the general public will see it nor will you ever hear it from the main stream media.  BB

We need to do more than just “think about it”. We need to tell everyone we can (especially those who voted for Obama in 2008) that we can’t afford another four years of  the national disaster we’ve suffered through these last few years. Our situation will only get WORSE, not better if we do not elect a new president next November.

 

Pretty good summary
 

Subject : Something to think about.

 

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 Democratic 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, the day the Democrats took over the Senate and the Congress :
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 CREATION!

Remember that 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!
THANK YOU DEMOCRATS (especially Barney) for taking us from 13,000 DOW, 3.5 GDP and 4.6% 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!
(BTW : Bush asked Congress 17 TIMES to stop Fannie & Freddie -starting in 2001 because it was financially risky for the US economy). Barney blocked it and called it a “Chicken Little Philosophy” (and the sky did fall!)
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, especially
BARNEY!!!!

So when someone tries to blame Bush…
REMEMBER JANUARY 3rd, 2007…. THE DAY THE DEMOCRATS TOOK OVER!”
Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel they were driving the economy into the ditch.
Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 is the Democratic 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 budget.


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. Let’s remember what the deficits looked like during that period :
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!

The problems we face today exist because the people who work for a living are outnumbered by those who vote for a living.”

2 Responses to "Something to think about and PASS ON!"

Sadly, like many conservatives the Rich who control this nation have got you duped. In the plainly incorrect “pass it on” viral email, If Bush did ask 17 times starting in 2001, then why did the Republican Controlled Senate and House not help him out?

It’s clear that powerful interests want the blame shifted away from themselves towards standard boogie men.

The real culprits in the Housing Collapse were and are the Banks.

No! the banks were at the command of Congress and that was Barney Frank and Chris Dodd. These two men controlled the committees in Congress the House and Senate that kept the pressure on the banks to make bad and even ridiculous loans. The banks went along because they were promised that Fannie Mae and Freddie Mac would purchase the bad loans at the demand of Frank and Dodd. Then Frank and Dodd engineered the take over of Fannie and Freddie which saddled the tax payers with the bill. In return Dodd and Frank got all kinds of loans and personal insider tips so they are rich. Dodd didn’t run again for the Senate in 2010 and now Frank is getting out and will not run in 2012 for the House.. Unfortunately too late—much too late.
I will admit that the rich do have more control over how things operate than do I because money can buy a lot of influence, but let’s face it the rich also provide all the things the rest of us need—like jobs. And, DON’T ALL OF US WISH WE WERE RICH???? aNYONE WHO BLAMES AND DECRIES THE RICH IS MERELY CRYING SOUR GRAPES TO MY MIND. bb

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