Friday, January 22, 2010

Remember the Day

Received this in the old email box the other day, how short our memories are... (Notes & Links added by me)

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For those of you who are sick of hearing "inherited from Bush", think about this:

(NOTE: The republicans are not faultless in this whole fiasco, they ran up a hefty tab the first 6 years of the Bush presidency)

Remember the day...
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

(NOTE: Up from a low of 8,235.81 on Sept. 21. 2001)

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!

(NOTE: The Democrat media lapdog were doing their best to say we were in a recession, now they are trying to undo the lie and say the recession is over.)

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.

(NOTE: in 2003, President Bush recommended a new agency to oversee Freddie Mac/Fannie Mae, which Barney Frank opposed)

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!

ALL the while, Obama was raking in PAC money from Fannie and Freddie!

WHERE WERE YOU DURING THE MAKINGS OF THE CRISIS?!?!?! In the Senate as a complicit partner IN THE SWAMP.

So when you want to blame Bush...

REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!

 

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