Saturday, September 18, 2010

Remember January 3rd, 2007 The Day The Democrats Took Over!

I wonder how many people know this?

The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007The day the Democrats took over the House of Representatives & 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 of you 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 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?


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).

And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac?


And who fought against reform of Fannie and Freddie?

OBAMA & the Democratic Congress

So when some idiot tries to blame Bush


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


Almtnman said...

Most conservatives and anyone with an IQ higher than a turnip knows that our problems are due to Democrat's doing what they do best... tax and spend!

montysano said...

The economic meltdown was caused by:

- The repeal of Glass Steagall, headed by Phil Gramm;
- The Commodity Futures Modernization Act, headed by Phil Gramm;
- Under Bush, the SEC relaxed leverage limits on Wall Street Banks;
- Under Bush, the deregulation of the mortgage industry.

Did Democrats help? Of course. But for God's sake, dude, be a man and own up to what your people did.

"Ollie" said...

.Wednesday, September 22, 2010
From "OlliesCommonSense" Blog

It’s started already! The quotes are coming! "Why would you want to go back to the failed policies of the past?" they shout!

What they are trying to imply is that George W. Bush, and the Republican party, brought all the current gloom and doom of our economic turn-down, and the necessity of all the financial bail-out programs upon the American Citizenry. Thus, in the upcoming elections, you’ll be hearing a lot of the above quotes from the democrat candidates, as well as those in higher office, who attempt to endorse those candidates.

Well nothing could be further from the truth. A Canadian youtube post still has one of the exposures of who was really to blame for this crisis. Despite warnings from the Bush administration, as well as Fed Chairman, Alan Greenspan and Sen. John McCain, that the current policies of Fanny Mae and Freddie Mac would lead to the Financial collapse of our Economy, Congressman, Barney Frank, Sen. Chuck Schumer, and the Democrat majority in both houses chose not to listen to, nor act, on those desperate warnings. In fact, as you will hear on the video below, Barney Frank is quoted as saying that Fanny Mae and Freddie Mac were too large to fail, and "even if they did, they would NOT be Bailed Out." Read that sentence again, and listen to the video below:

I know that may of you have "heard" this point argued before by conservatives, but have had a hard time believing it, because, if it were true, "the Press would be on it like…" (supply your own ending). Unfortunately that is not true. Maybe "seeing" will help.

Please note that this video on youtube is sourced from Canada. Many believe that our current News Media is known for stifling any news that may be detrimental to the Liberal Agenda of our current administration. Based on this story, you’ll have to be the judge of that, as well.

Just be forewarned when you here the shouts of not wanting to go back to the failed policies of the past, and shout right back, "You’re right! And that’s why were going to throw your butts out of Office!"

Anonymous said...

Altmnman: Was wondering if you wrote this post or just reprinted it. I posted this on my conservative blog site at: (I go under "It's Hemmer Time") and I am a conservative blogger. Please let me know and I will give you credit as well as a link (if you allow me to use it). Much thanks!

Almtnman said...

It was sent to me from a conservative friend of mine.

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