If after reading this you still intend to vote for Obama, I think you should read it again.

Via an email



 

If after reading this you still intend to vote for Obama, I think you should read it again.

———————————————————————

This tells the whole story, why Bush was so bad at the end of his term.
Don’t just skim over this, it’s not long, but 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 3rd 2007, the day 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? BARACK HUSSEIN 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 20 09 .

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!

 
“Apparently, I’m supposed to be more angry about what Mitt Romney does with his money than what Barack Obama does with mine.”

Anonymous
See Ya At The Beach…

 

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11 Responses to If after reading this you still intend to vote for Obama, I think you should read it again.

  1. cmblake6 says:

    Reblogged this on Cmblake6's Weblog and commented:
    I found this one over at Coffee’s place, went to it to read the whole thing, and reblogged it straight from the original source. Is this not exactly what I’ve been saying for a very long time?

  2. coffeeandsleeplessnights says:
  3. Putting the final nail in the Glass -Steagall act -already emasculated by other government actions- in1999 by Clinton and some RINOS set this up too: From Wikipedia – The Gramm–Leach–Bliley Act (GLB), also known as the Financial Services Modernization Act of 1999, (Pub.L. 106-102, 113 Stat. 1338, enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. The legislation was signed into law by President Bill Clinton.

  4. upaces88 says:

    I don’t know anyone who would vote for him. IF I did, I would NOT know they anymore. I would have nothing to do with them.

  5. Pingback: If after reading this you still intend to vote for Obama, I think you should read it again. | The Pulp Ark Gazette | Scoop.it

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