The Bad Economy Belongs To Obama And The Democrats

For the past 20 months day after day America has been subjected to Barack Hussein Obama’s distortions and lies.  He speaks of the lost decade.  The lost decade will be this decade if Obama keeps up his destructive socialist agenda.  Obama and the Democrats are systematically destroying America and lies blaming Bush and the Republicans.

Bush and the Republicans did plenty wrong.  They forgot their conservative roots.  They started spending almost as badly as Obama and the Democrats do.  Bush when the Democrats gained control of Congress should have slowed them down but he didn’t.

Let’s  look back at the decade Obama refers to as “ lost”.  Let’s look at the true facts.  No distortions but the truth which Obama refuses to tell America.  If he did and if he were to stop his lies America would see how bad his 20 months have been and when the problems started.

 January 3rd, 2007 was the day the Democrats took over.  It was not January 22nd 2009, it was actually January 3rd 2007, that's 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 Obama fallacy and 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.

January 3rd, 2007 was also 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 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 would listen!!!).

And, who was it who took the third highest pay-off from Fannie Mae AND Freddie Mac? OBAMA.

Who fought against reforming Fannie and Freddie?  Obama and his Democratic Congress..

When Obama and the Democrats try to blame Bush... REMEMBER JANUARY 3rd, 2007....

Bush and the Republicans made mistakes.   Obama and the Democrats are destroying America deliberately with their socialist agenda.

Comment here and email us at YourVoice@speaknowamerica.org.

Visit MomsAndDadsBeHeard a forum for you to express your views and concerns. Be part of bringing our Great Christian country back.

You might also like to read this article:  Obama Says GOP “Pledge to America” Is Echo Of Disaster