THESE ARE THE FACTS EVERY AMERICAN NEEDS TO KNOW !!!!!! VOTE AS THOUGH YOUR
FUTURE DEPENDS ON THE OUTCOME, BECAUSE IT DOES !!!!!
Subject: DO YOU REMEMBER JANUARY 3,
2007?
A LESSON IN
HISTORY FOR ANYONE WITH AN OPEN MIND!!!!
Some
people have short memories…..DO
YOU REMEMBER JANUARY 3, 2007?
I’ve been saying this for years, but this
email probably explains it better and more clearly. This is NOT a political
message, but rather a clarification to remind us all of the correct
facts.
Remember that on October 9, 2007, 11 months before our
“economic crisis” occurred (that was actually created), the Dow hit its
highest point ever, closing at 14,164.53 and reaching 14,198.10
intra-day level 2 days later. Unemployment was steady at 4.7%. But things
were already being put in place to create the havoc we’ve all been
experiencing since then. And it all started, as this email explains, on
January 3, 2007. --LFL
I'm sending this to each of you regardless of
your party preferences because I believe it is something you may not have
considered.
This tells the story, why Bush was so “bad” at the end of his
term.
Don't just skim over this, it's not very long, 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, which
was 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!
PLEASE DO YOUR PART !!!
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