I stole this off a story about the new round of terrorism foisted on the American people by the junkies in Congress. This guy has the meat and the potatoes. Lefties are always bashing Bush cause he was President when the libs took over, and I am upset with him for not vetoing the hell out of everything congress sent him, but he is not to blame for the sorry state of our union today.
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 The GDP for the previous quarter was 3.5% The Unemployment rate was 4.6%. Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!When liberalism succeeds, America fails.
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!!!
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!
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001, because it was financially risky for the U.S. economy, but no one was listening. In addition, the economy was in a recession when Bush took over. The tech bubble burst on March 10, 2000. Terrorists attacked US soil on 9/11/2001. Katrina hit the Southern coast in Sept of 2005. These natural disasters and hangovers from the previous administration cost the economy trillions.
The economy was the very best it had ever been until the Democrats took over congress. Argue with facts all you want, it'll just show your lack of mental capacity and comprehension abilities. It's known as a LIBotomy. When liberalism succeeds, America fails.
P.S. And let's not leave ObaMao and his group ACORNhole out of this. THEY were also very instrumental in the destruction of the economy and are why TENS OF MILLIONS of American's are suffering today. When liberalism succeeds, America fails.
Tenth,
ReplyDeleteExactly correct... the gloves are off now.
BTW, nice post.
ReplyDelete10th - good post.
ReplyDeleteOf course you can view the irony now - Democrats hold the White House and the Senate. The evil Republicans in the House are destroying the country - holding it hostage - but when Nancy Pelosi held the exact same position, it was Bush's fault.
"If it weren't for double standards, Liberals would have no standards at all."
Chris Plante, WMAL
My kids will be terrified when they've grown up and see the bill the democraps have left them.
ReplyDeleteAnd according to the business community, they're too terrified to hire and make investments because Obama (who always says "Let me be clear") hasn't been clear at all where regulations and taxes are concerned and the safe bet is for businesses to just take a wait and see attitude.
I'd say that operating like that is not unlike being held hostage.
CS- what part of today's economic dilemma IS the fault of GW Bush?
ReplyDeleteMud - ZERO - the statutes of limitations on blaming GW Bush ended about the time Obama started passing legislation that mirrored his economic approach to the problem.
ReplyDeleteYou might recall that the Democrats (socialists, progressives, liberals, whatever) owned the White House and had super majorities in the House and Senate. What did they pass? Obamacare, Cash for Clunkers, Stimulus, and the Omnibus. They passed a lot of legislation - but oddly - no budget.
Ask that same question of Congresswoman Debbie Wassermann-Schultz (Moron-FL) - this is what she thinks:
http://conservinexile.blogspot.com/2011/07/turn-this-economy-around.html
Just because you can't spout filth on my site doesn't mean you shouldn't visit and try to improve yourself.
There is of course a very cogent argument (recently made here by 10th) that our real problems started when Nancy Pelosi picked up the gavel for the first time in 2007. Check the down turn - it started shortly after that.
I can tell you ain't a lawyer - they try to never ask a question that they don't know the answer to.
Mud - sorry to pile on but I forgot about this piece. Check out the editorial in Thursday's The Washington Times by Doctor Milton R. Wolf (Obama's cousin):
ReplyDeletehttp://www.washingtontimes.com/news/2011/aug/2/liberals-unmaking-of-barack-obama/
You'll enjoy the whole thing - but this part goes directly to your lack of a point:
"The only thing worse than the abject failure of a liberal president, at least in the eyes of the liberal, is the undeniable failure of liberalism itself. To claim Mr. Obama has been a good president no longer even remotely passes the laugh test. Consider the results thus far of the Obama presidency:
* Two million-private sector jobs have been lost.
* Unemployment jumped from 7.8 to 9.2 percent with a simply terrible 2011 first-quarter economic growth rate of just 0.4 percent.
* A record 1 in 7 Americans is on food stamps.
* Gasoline prices more than doubled, from $1.83 to $3.74 per gallon.
* National debt increased 35 percent, to $14.5 trillion, or $137,000 for each taxpayer.
* National unfunded liabilities increased 47 percent, to $114.9 trillion, or a cool $1 million for each taxpayer (and this does not yet include Obamacare).
* America is on the verge of losing its AAA credit rating."
What part of that do you blame on President George W. Bush?
Drop the jingoistic "Bush lied, kids died" approach to your political life and learn something for a change.
As of yesterday the debt was increased by 238 billion in new borrowing which raised the new debt number to 100% of GDP...and more on the way for sure.
ReplyDeleteGas was $3.85 at 7am when I filled up after work this morning.
Gold made it to $1676 an oz and is expected to reach $2000 before the end of the year due to inflation and a devalued dollar.
The Chinese credit rating house lowered our credit rating and added a "increasing risk" tag to it while other credit rating houses are considering the same action.
"Hope and change" it seems is libspeak for "Bad to worse"...and Obama has the record to prove it.
Speaking of which, yesterday marked the 6 month milestone since we began bombing Libya in the "not--a-war" war.
Ever since Obama launched his reelection, Libya's timeslot on the news got cancelled.