Tuesday, September 21, 2010

Blame BUSH?

I have shamelessly copied this from one of my favorite blogger!


When someone brings up the "fact" that Geo. W. Bush is to blame for the fiscal mess just quote this:
This from a Yahoo “green shoots” article commenter:
January 3rd, 2007 was the day the Democrats took over the Senate and the
Congress:
At the time:
1. The DOW Jones closed at 12,621.77
2. The GDP for the previous quarter was 3.5%
3. The Unemployment rate was 4.6%
4. George Bush’s Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
Remember the day...
1. 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.
2. The economic meltdown that happened 15 months later was in what part of
the economy? BANKING AND FINANCIAL SERVICES!
3. Thank Congress for taking us from 13,000 DOW, 3.5 GDP and 4.6%
Unemployment to this CRISIS by dumping 5-6 TRILLION Dollars of toxic loans
on the economy from YOUR Fannie Mae and Freddie Mac fiasco’s! (BTW: 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).
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 Democratic Congress.)
So when someone tries to blame Bush...
REMEMBER JANUARY 3rd, 2007....

Then we have THIS!

This is sheer genius

In a bid to stem taxpayer losses for bad loans guaranteed by
federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn) proposed that borrowers be required to make a 5% down payment in order to qualify. His proposal was rejected 57-42 on a party-line vote because,as Senator Chris Dodd (D-Conn) explained,

"passage of such a requirement would restrict home
ownership to only those who can afford it."

Wouldn't it be nice if more Americans knew the facts above? But, oh, well..............we can hope. And we can pray. And we can expect a miracle in November, because it'll have to be miracle as the media's doing everything in its power to collude with the White House and make sure people are on their side.

6 comments:

Brooke said...

Just saw this over at Z's.

Lefties just can't take it, can they? LOWER TAXES.

See my post about Chrissy Matthews schooling Obama on taxation. HIGHlarious.

Charlene said...

What is strange to me is when the GOP was in power and instituted tax cuts they set up a clause that the tax rate would go back to what it was in 2000 in 2010. That rate by the way is the same rate that was being used at the time Ronald Regan was president.

Missy said...

I am copying this! Love it!

THE OLD GEEZER said...

And the blame Bush lie is sill being used by the liberals 3 years later. Lets vote them out, A.S.A.P while we still have a country!

Jo said...

Omigosh, Linda, that was amazing. You have the most interesting things on your blog...!

(Argghhh ... word verification...!) *heh*

Linda said...

Brooke, I shamelessly copied it!

Charlene, President Bush wanted to make the tax cuts permanent, but the Democrat Congress wouldn't sign off on it, so....

Missy, copy it with my blessing.

Old Geezer, we CAN see November from our house!

Jo, I used word verification for awhile, but I hate it, so took it off.

Thanks, all, for visiting, and commenting!