I got to leave town and I just don't have the time to put together a well sourced email to respond to this Tea Bagger's email. If you could help me "refudiate" this it would be much appreciated.
The day the Democrats took over was not January 22nd 2009 -- it was actually January 3rd 2007
That was the day the Democrats took over the House of Representatives & 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 (remember: the 103rd Congress Balanced the Budget!!).
For those of you who are listening to the liberals propagating the fallacy that everything is "Bush's Fault," :think about this -
On January 3rd, 2007:
* 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 was in the middle of setting A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
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!
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!
(BTW: 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& the Democratic Congress
I hate to see bullshit like this go without some kind of response. If I had the time this weekend I would tackle it but I'm just about to leave on a business trip that will consume my whole weekend. Thanks in advance.