1. Democrats took over the House of
Representatives and the Senate, at the very start of the 110th 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!
2. 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!
The Democrat Party controlled a majority in
both chambers for the first time since the end of the 103rd Congress in 1995.
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.
(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? OBAMA
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress
For 2009 though,
Nancy Pelosi & Harry Reid by-passed 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 you still blame
Bush??? Good Grief!!
WAKE UP AND SEE THE TRUTH.