The day the democrats took over was not January 22nd 2009 it was actually January 3rd 2007 the day the Democrats took over the House of Representatives and the Senate, the start of the 110th Congress. The Democratic Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.The Democrats are trying to bluff their way out of taking responsibility for their own failures. They are hoping that you and I won't remember the role they played in creating the housing crisis and then thwarting any efforts to prevent the crisis from blowing up in our faces. In case there is anyone suffering from selective memory loss there is this:
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:
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?
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…. THE DAY THE DEMOCRATS TOOK OVER!” Bush may have been in the car, but the Democrats were in charge of the gas pedal and steering wheel they were driving. Set the record straight on Bush!
So, as you listen to all the commercials and media from the Democrats who are now distancing themselves from their voting record and their party, remember how they didn’t listen to you when you said you didn’t want all the bailouts, you didn’t want the health care bill, you didn’t want cap and trade, you didn’t want them to continue spending money we don’t have.
“It’s not that liberals aren’t smart, it’s just that so much of what they know isn’t so” -Ronald Reagan
These people need more than just their driver's licenses revoked. Throughout the video the Democrats insist that Freddie and Fannie are in fine shape and they berate the regulator who is desperately trying to tell them otherwise, At one point Rep. Maxine Waters crows about the easy underwriting and the availability of 100% financing. These people blame Bush because they can't put the blame where it really belongs-directly in their laps.
These are the people who took the car and left it a mangled wreck and now they want to continue driving our economy. I say not a chance in Hell.