Do you remember January 3, 2007? It should be recalled as a day of infamy.
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, the 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 was the day the Democrats took over the Senate and the Congress
January 3rd, 2007 was the day that Nancy Pelosi became Speaker of the House of Representatives, 3rd in line of succession behind the President of The United States.
January 3rd, 2007 was the day that Harry Reid became Senate Majority Leader.
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 STRAIGHT MONTHS of JOB CREATION!
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!!!
THANK YOU DEMOCRATS 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 FIASCOS!(BTW: Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy).
So when some one 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.
"It's not that liberals aren't smart, it's just that so much of what they know isn't so" -Ronald Reagan
2 comments:
Just can't helping but point out that the dems didn't have time to do very much before it all went downhill and some of these problems had built for some time under the gop. Still, you're right about it making less sense to blame Bush than the dems. Bush tried to avert this.
There's plenty of blame to go around. As part of the electorate, I haven't been paying close attention, which is something that I plan to rectify going forward. If the electorate as a whole does the same then the long-term result should be positive. The politicians (not statesmen) on both sides have been getting away with too much for much too long.
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