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Why Bush was so bad at the end of his term

BARRY0619 2012/07/02 21:47:02



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 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 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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Top Opinion

  • NPC 2012/07/02 21:56:08
    NPC
    +3
    We all know that the liberals took over the House and Senate in 2007 and 2008. Pelosi was Speaker and Reid was Senate majority leader. Both hated Bush and especially Dick Cheney. Pelosi and Reid could not handle Bush and they were very disturbed he would NOT allow them to spend like a drunken sailor. Barack, Pelosi and Reid made up for their frustratiosn by adding $5.3 Trillion in new debt in 2009 and 2010. Now, we have Boehner, Kantor and Ryan running the House and things are more fiscally sound even if we are still broke. Change will take place on November 6th more to the Voters, small business owners and unemployed liking.

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  • Bob DiN 2012/07/05 00:54:00
    Bob DiN
    +1
    Democrat Congress is your answer.
  • Dolly 2012/07/03 04:16:46
    Dolly
    +2
    If this is true then we need to keep Obama out of office for a second term.
  • Cal 2012/07/03 02:09:34
    Cal
    +2
    Could be worse...he could have acted like Obama during any part of Obama's last 4 years.
  • Zuggi 2012/07/03 00:57:43
    Zuggi
    +2
    No.

    It's quite simple to disprove this. The problems were the direct result of the a giant bubble. That bubble didn't start inflating in 2007. Look at housing prices; the biggest gains were in 2002-2007. The bubble popped in 2008, but that was inevitable given its size.
  • Joe Shwingding BN-ZERO 2012/07/02 22:31:10 (edited)
    Joe Shwingding BN-ZERO
    +2
    oh fantastic .. another CON who thinks that all economic cycles stop and start with the change in the WH.

    evidenced by the email cut-n-paste tell tale "See how many people you can spread this fallacy to" typical ending to every Goebbels propaganda type POS.

    Funny how it never mentioned why the frat boy just sat and watched while all things melted under his watch.
  • BARRY0619 Joe Shw... 2012/07/02 22:49:34
    BARRY0619
    +1
    Oh fantastic...another uneducated liberal with reading comprehension issues...LOL! Re-read the post with this free online dictionary to help with the big words

    http://www.thefreedictionary....

    Everything is irrefutable (unable to be proven false)

    But if after re-reading it you still think it's false. State your point with sources.
  • Randy Joe Shw... 2012/07/02 23:34:31
  • Joe Shw... Randy 2012/07/03 00:47:50 (edited)
    Joe Shwingding BN-ZERO
    +1
    so it is your contention that the entire problem with the economy started the day the the Democrats took control of Congress AND in two years created the mess we have today?

    Here Mr. Cut-n-paste ... refute this.

    federal funds rate

    housing bust

    If you need help with the "math" or "big graphs" just let me know and I'll tell you what the details mean since illiteracy seems so pronounced with you.
  • BARRY0619 Joe Shw... 2012/07/03 01:39:17
    BARRY0619
    You are absolutely the last person to offer help in a sarcastic way. I've seen many of your responses and most are absolutely clueless. Also, If I remember correctly, we debated O'Turd's "accomplishments" awhile back and all you did was deny. (wish I could find it)
  • Joe Shw... BARRY0619 2012/07/03 03:03:32
    Joe Shwingding BN-ZERO
    So let me get this straight ... too much math for you to comprehend right?

    Anything beyond elementary addition is beyond your scope of understanding. Why am I not surprised, oh Master of the Cut-n-Paste.
  • BARRY0619 Joe Shw... 2012/07/03 14:48:49
    BARRY0619
    Just continue letting your 3 brain cells keep telling you that...LOL
  • Joe Shw... BARRY0619 2012/07/03 16:13:48
    Joe Shwingding BN-ZERO
    Math too tough for ya? Here lets start you out with something simple, repeat after me 1+1= ..... come on you can do it Jr.

    Dont let the FACTS get in the way fo your delusion.
  • BARRY0619 Joe Shw... 2012/07/03 20:39:59
    BARRY0619
    Just continue letting your 3 brain cells keep telling you that you know anything about anything...if it makes you feel better junior...LOL
  • Joe Shw... BARRY0619 2012/07/03 21:12:16
    Joe Shwingding BN-ZERO
    I know ... run from the scary math once your BS has been called out.
    Good Job Mr. Cut-n-paste.

    What a joke you are ... and the best part, you actually believe your own bs even after its been proven to be a load. LMAO.
  • BARRY0619 Joe Shw... 2012/07/03 21:27:14
    BARRY0619
    Just continue letting your 3 brain cells keep telling you that you know anything about anything...if it makes you feel better junior...LOL
  • Joe Shw... BARRY0619 2012/07/03 21:34:28
    Joe Shwingding BN-ZERO
    Really good at the cut-n-paste arent you?
    Just keep grinding away no the keyboard ctrl-c ctrl-v ... its really the only thing you are good at.

    I can teach my dog to provide more input than you have to this whole post.

    Here a little word of advice regarding your unoriginal cut-n-paste ...
  • BARRY0619 Joe Shw... 2012/07/03 22:22:38
    BARRY0619
    And...

  • Randy Joe Shw... 2012/07/03 08:12:57
  • Grabitz 2012/07/02 21:58:00 (edited)
    Grabitz
    +1
    No , this is what happend to all of us with the NWO free trade http://moneymagnetbook.blogs... You can all put your finger down now .
  • NPC 2012/07/02 21:56:08
    NPC
    +3
    We all know that the liberals took over the House and Senate in 2007 and 2008. Pelosi was Speaker and Reid was Senate majority leader. Both hated Bush and especially Dick Cheney. Pelosi and Reid could not handle Bush and they were very disturbed he would NOT allow them to spend like a drunken sailor. Barack, Pelosi and Reid made up for their frustratiosn by adding $5.3 Trillion in new debt in 2009 and 2010. Now, we have Boehner, Kantor and Ryan running the House and things are more fiscally sound even if we are still broke. Change will take place on November 6th more to the Voters, small business owners and unemployed liking.

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