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#1 parentofredheads

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Posted 29 April 2012 - 07:05 PM

Interesting....

The Mess and how Obama inherited it
____________________________________

This tells the story, why Bush was so bad at the end of his term.


Donít just skim over this, read it slowly and let it sink in. If in
doubt, check it out.


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, at the very start of the 110th Congress.


The Democrat Party controlled a majority in both chambers for the first
time since the end of the 103rd Congress in 1995.


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:


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 SET A RECORD of 52 STRAIGHT MONTHS of JOB
GROWTH
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!


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 FIASCOES!


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 and the Democrat Congress
So when someone tries to blame Bush...


REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress and the
party that controlled Congress since January 2007 is the Democrat Party.


Furthermore, the Democrats controlled the budget process for 2008 & 2009
as well as 2010 &2011.
In that first year, they had to contend with George Bush, which caused
them to compromise on spending, when Bush somewhat belatedly got tough on
spending increases.


For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely,
passing continuing resolutions to keep government running until Barack
Obama could take office. At that time, they passed a massive omnibus spending
bill to complete the 2009 budgets.


And where was Barack Obama during this time? He was a member of that very
Congress that passed all of these massive spending bills, and he signed
the omnibus bill as President to complete 2009.


If the Democrats inherited any deficit, it was the 2007 deficit, the last
of the Republican budgets. That deficit was the lowest in five years, and
the fourth straight decline in deficit spending. After that, Democrats in
Congress took control of spending, and that includes Barack Obama, who
voted for the budgets.


If Obama inherited anything, he inherited it from himself. In a nutshell,
what Obama is saying is, "I inherited a deficit that I voted for and then I
voted to expand that deficit four-fold since January 20th."

#2 blackflag79

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Posted 30 April 2012 - 02:12 PM

Try convincing ANY liberal of that, especially when the source of all of their news come from liberals. What they won't tell you is that Bush was a "lame duck" president for the last two years of his presidency. I didn't agree with a lot of what Bush did, but it tires me to no end all of the blame the Democrats try to lay on him, even to this day FOUR YEARS LATER. The Democrats always feel the need to blame somebody else when their policies fail. At least, if I remember correctly, the Republicans didn't harp on blaming their failures on the Democrats when they controlled Congress. When Democrats control Congress, it's NEVER their fault when their policies fail.
"Offense wins games, DEFENSE wins championships!"

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#3 JTFAN99

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Posted 30 April 2012 - 06:12 PM

Wow Parents, you are alot smarter than this. You know everything you posted is very misleading.

Interesting....

The Mess and how Obama inherited it
____________________________________

This tells the story, why Bush was so bad at the end of his term.


Don't just skim over this, read it slowly and let it sink in. If in
doubt, check it out.


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, at the very start of the 110th Congress.
True

The Democrat Party controlled a majority in both chambers for the first
time since the end of the 103rd Congress in 1995.
True

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:


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 SET A RECORD of 52 STRAIGHT MONTHS of JOB
GROWTH
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.
True

The economic meltdown that happened 15 months later was in what part of
the economy?
BANKING AND FINANCIAL SERVICES!
False. Parents you know the economic meltdown begin in 2007. So you really believe that in started to go down hill on Jan.3,2007. IF YOU DO, YOU DON'T KNOW ANYTHING ABOUT ECONOMICS 101. You know main reason of the economic crisis was the Housing Bubble/Subprime Mortgage crisis. Which took place between 2004-2007. That is the yrs of all the bad lending. AND WHO WAS IN CHARGE? You know the answer.

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 FIASCOES!
True

Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001
because it was financially risky for the US economy.
True,but you know he didn't asked all 17 times after 2007. He asked the Republican congress on several occasions before 2007. And nothing was done. So you can't blame that all on the Dems.

And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac?
OBAMA
Don't forget about Newt. Dodd, Frank. Its dirty hands on both sides.
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress
So when someone tries to blame Bush...


REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER!"
Budgets do not come from the White House. They come from Congress and the
party that controlled Congress since January 2007 is the Democrat Party.
Actually you are wrong. The federal budget is presented to Congress, BY THE PRESIDENT. The Congress then set appropriations, and spending guide lines. Then they SEND IT BACK TO THE PRESIDENT TO SIGN OR VETO.
http://en.wikipedia....(United_States)

Furthermore, the Democrats controlled the budget process for 2008 & 2009
as well as 2010 &2011.
In that first year, they had to contend with George Bush, which caused
them to compromise on spending, when Bush somewhat belatedly got tough on
spending increases.
You forget that GW Bush signed Deficit spending federal Budget bills before 2008.

For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely,
passing continuing resolutions to keep government running until Barack
Obama could take office. At that time, they passed a massive omnibus spending
bill to complete the 2009 budgets.


And where was Barack Obama during this time? He was a member of that very
Congress that passed all of these massive spending bills, and he signed
the omnibus bill as President to complete 2009.
You need to go back and look at the federal spending bills signed by Bush. They had deficit spending in them.

If the Democrats inherited any deficit, it was the 2007 deficit, the last
of the Republican budgets. That deficit was the lowest in five years, and
the fourth straight decline in deficit spending. After that, Democrats in
Congress took control of spending, and that includes Barack Obama, who
voted for the budgets.
You know that is total bull. Federal Debt went up every yr under GW Bush. It only decrease under the last couple yrs of Clinton (and Republican Congress). Bush inherited a BUDGET SURPLUS. Obama did not. BUSH TURNED A SURPLUS INTO A DEFICIT
http://zfacts.com/p/318.html


If Obama inherited anything, he inherited it from himself. In a nutshell,
what Obama is saying is, "I inherited a deficit that I voted for and then I
voted to expand that deficit four-fold since January 20th."


I am not here to defend Obama spending record. ITS HORRIBLE. It will probably go down as the 2nd worst or at least 3rd in history after Reagan, (And maybe after GW Bush). So if you want to trash Obama from 2009-Present. I am all for that. But to act like the Bush admin was great in spending, and its all the Dems fault is just a flat out lie. And I got the FACTS to prove you wrong.
Proverbs Ch.18:2

Proverbs Ch.26:4-5

Proverbs Ch.29:9,11,& 20


#4 Colmesneilfan1

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Posted 01 May 2012 - 07:21 AM

^^^the economic meltdown happened because of the keynesian socialist system we have been under since the creation of the federal reserve.....the housing crash was a symptom, not the disease.....

Mark 16: 16..."16 Whoever believes and is baptized will be saved, but whoever does not believe will be condemned."

Acts 2: 38...."38And Peter said to them, "Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit."

Acts 22: 16...."16And now why do you wait? Rise and be baptized and wash away your sins, calling on his name."

I Peter 3: 21...."21Baptism, which corresponds to this, now saves you, not as a removal of dirt from the body but as an appeal to God for a good conscience, through the resurrection of Jesus Christ,"

The above Scripture is from the English Standard Version

#5 parentofredheads

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Posted 02 May 2012 - 09:02 AM

Wow Parents, you are alot smarter than this. You know everything you posted is very misleading.


I am not here to defend Obama spending record. ITS HORRIBLE. It will probably go down as the 2nd worst or at least 3rd in history after Reagan, (And maybe after GW Bush). So if you want to trash Obama from 2009-Present. I am all for that. But to act like the Bush admin was great in spending, and its all the Dems fault is just a flat out lie. And I got the FACTS to prove you wrong.

One thing that you'll never admit though, each "branch" can spend what they want, take it from this, put it in this, as we see now. Our checks and balances are gone.

What happened in 2007 and what happened on January 1st, 2007 you're still not getting...when you get a liberal in and they "liberalize" it, it only gets worse...so you think Reagan was a bad pres... wow... well, all righty then....

And Bush was spending more because we were in wars....that happens, ya know.

#6 JTFAN99

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Posted 02 May 2012 - 09:56 AM

One thing that you'll never admit though, each "branch" can spend what they want, take it from this, put it in this, as we see now. Our checks and balances are gone.

What happened in 2007 and what happened on January 1st, 2007 you're still not getting...when you get a liberal in and they "liberalize" it, it only gets worse
That again is not true, because Reagan had a republican senate for 6 yrs of his terms. And Clinton left a Budget Surplus. GW Bush and the all republican congress made it worse. They turned a budget surplus into a debt.

...so you think Reagan was a bad pres... wow... well, all righty then....
Parents, I think you and Kirt Falcon don't take the time to read my post carefully. This is what I said:
" I am not here to defend Obama spending record. ITS HORRIBLE. It will probably go down as the 2nd worst or at least 3rd in history after Reagan"

I was talking about Reagan SPENDING. It was the worst in history.

And Bush was spending more because we were in wars....that happens, ya know.
And under past presidents, they didn't cut Taxes during a war. There were also War bonds to fund wars as well. Because they knew they needed to fund it. Bush did. He could have made other cuts to off set the war cost. But he didn't. And the wars were unnecessary anyway. No question the Iraq war was. So if he didn't go to war, the spending would not have happen.


Proverbs Ch.18:2

Proverbs Ch.26:4-5

Proverbs Ch.29:9,11,& 20


#7 Colmesneilfan1

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Posted 02 May 2012 - 09:59 AM

One thing that you'll never admit though, each "branch" can spend what they want, take it from this, put it in this, as we see now. Our checks and balances are gone.

What happened in 2007 and what happened on January 1st, 2007 you're still not getting...when you get a liberal in and they "liberalize" it, it only gets worse...so you think Reagan was a bad pres... wow... well, all righty then....

And Bush was spending more because we were in wars....that happens, ya know.


Each branch can only spend what the House of Representatives gives them and the Senate agrees to....you seem to sound happy that this nation has devolved into the despotic tyranny it currently has become....

Bush was spending like a drunk sailor on all the programs that "liberals" want to increase, too....

Mark 16: 16..."16 Whoever believes and is baptized will be saved, but whoever does not believe will be condemned."

Acts 2: 38...."38And Peter said to them, "Repent and be baptized every one of you in the name of Jesus Christ for the forgiveness of your sins, and you will receive the gift of the Holy Spirit."

Acts 22: 16...."16And now why do you wait? Rise and be baptized and wash away your sins, calling on his name."

I Peter 3: 21...."21Baptism, which corresponds to this, now saves you, not as a removal of dirt from the body but as an appeal to God for a good conscience, through the resurrection of Jesus Christ,"

The above Scripture is from the English Standard Version

#8 goldandwhite

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Posted 02 May 2012 - 01:28 PM

JTFAN99, you said: "That again is not true, because Reagan had a republican senate for 6 yrs of his terms. And Clinton left a Budget Surplus. GW Bush and the all republican congress made it worse. They turned a budget surplus into a debt."

I find it interesting that you give Clinton the credit for leaving a surplus in this statement, but blame Bush and the republican congress for turning the surplus into a debt. Clinton had a republican congress when he left office with a surplus, so why didn't you mention them in this statement when you gave Clinton the credit for the surplus? Did Clinton's "surplus" happen with a democratic congress or while the republicans had the majority in congress?

#9 harrier

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Posted 02 May 2012 - 01:51 PM

^^^the economic meltdown happened because of the keynesian socialist system we have been under since the creation of the federal reserve.....the housing crash was a symptom, not the disease.....



Federal Reserve 1913 followed by the 16th and 17th Amendments.

A horse can be led to water but not made to drink.

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Matthew 5:9 Blessed are the peacemakers:for they shall be called the children of God.
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“Wasting a vote is sometimes voting for somebody that you don't really believe in."
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F.A. Hayek

 

To the socialists of all parties.

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"Planning" is the grand panacea of our age. But unfortunately its meaning is highly ambiguous. In popular discussion it stands for almost any policy which it is wished to present as desirable...When the average citizen, be he Nazi or Communist or Summer School Liberal, warms to the statement that "What the world needs is planning," what he really feels is that the world needs that which is satisfactory.
Lionel Robbins, Economic Planning and Economic Order (London:Macmillan, 1937), p. 3.

 


#10 DLine06

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Posted 02 May 2012 - 03:20 PM

JTFAN99, you said: "That again is not true, because Reagan had a republican senate for 6 yrs of his terms. And Clinton left a Budget Surplus. GW Bush and the all republican congress made it worse. They turned a budget surplus into a debt."

I find it interesting that you give Clinton the credit for leaving a surplus in this statement, but blame Bush and the republican congress for turning the surplus into a debt. Clinton had a republican congress when he left office with a surplus, so why didn't you mention them in this statement when you gave Clinton the credit for the surplus? Did Clinton's "surplus" happen with a democratic congress or while the republicans had the majority in congress?


To my understanding, it was not the same Republican Congress however. The Republican Congress during the Clinton administration did an excellent job as well as Clinton because they worked together. Under Bush administration, the Congress became sorority girls spending dad's money.
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#11 goldandwhite

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Posted 02 May 2012 - 03:31 PM

To my understanding, it was not the same Republican Congress however. The Republican Congress during the Clinton administration did an excellent job as well as Clinton because they worked together. Under Bush administration, the Congress became sorority girls spending dad's money.

I agree, but I was pointing out that he should have given credit to the republican congress as well, and not just mention Clinton in his statement.

#12 JTFAN99

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Posted 02 May 2012 - 04:29 PM

I agree, but I was pointing out that he should have given credit to the republican congress as well, and not just mention Clinton in his statement.



Acutally I did in the original reply to Parents post:

If the Democrats inherited any deficit, it was the 2007 deficit, the last
of the Republican budgets. That deficit was the lowest in five years, and
the fourth straight decline in deficit spending. After that, Democrats in
Congress took control of spending, and that includes Barack Obama, who
voted for the budgets.

You know that is total bull. Federal Debt went up every yr under GW Bush. It only decrease under the last couple yrs of Clinton (and Republican Congress). Bush inherited a BUDGET SURPLUS. Obama did not. BUSH TURNED A SURPLUS INTO A DEFICIT
http://zfacts.com/p/318.html

Sorry I didn't include it on the others. MY BAD.

But the point I was making to parents, is that you can't assume that if Republicans are in charge they will be conservative on spending. Because they don't have a proven track record of that. The last 3 republican presidents have been horrible on spending.
Proverbs Ch.18:2

Proverbs Ch.26:4-5

Proverbs Ch.29:9,11,& 20


#13 osup116

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Posted 03 May 2012 - 06:38 PM

Posted Image



#14 osup116

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Posted 03 May 2012 - 06:43 PM

Federal Debt is nothing new. People throw around the Clinton Budget Surplus, but we still had extensive debt during this time. Clinton did a good job bringing it down. With the help of Newt. there is a slight bump in G.W' s first tem. then a spike during the housing bubble.

Projections say if Obama continues on the course he is on, The debt will look a whole lot like Roosevelt's term



#15 osup116

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Posted 03 May 2012 - 06:45 PM

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#16 osup116

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Posted 03 May 2012 - 06:53 PM

ďA year from now, I think people are going to see that weíre starting to make some progress,Ē Obama says. ďIf I donít have this done in three years, then thereís going to be a one-term proposition.Ē - - - Obama





#17 harrier

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Posted 03 May 2012 - 07:00 PM

My question is, will there be enough government jobs for all of U.S. ?

+ + + +
Matthew 5:9 Blessed are the peacemakers:for they shall be called the children of God.
+ + + +
--------------------------

"Capitalism should not be condemned, since we haven't had capitalism." -Dr. Ron Paul

“Wasting a vote is sometimes voting for somebody that you don't really believe in."
-Ron Paul

----------

 

The Road To Serfdom

 

F.A. Hayek

 

To the socialists of all parties.

-----------

 

"Planning" is the grand panacea of our age. But unfortunately its meaning is highly ambiguous. In popular discussion it stands for almost any policy which it is wished to present as desirable...When the average citizen, be he Nazi or Communist or Summer School Liberal, warms to the statement that "What the world needs is planning," what he really feels is that the world needs that which is satisfactory.
Lionel Robbins, Economic Planning and Economic Order (London:Macmillan, 1937), p. 3.

 


#18 DaveTV1

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Posted 04 May 2012 - 07:08 PM

My question is, will there be enough government jobs for all of U.S. ?

Don't forget the illegals. They'll have some job for us to do, that doesn't mean the bread lines and toilet paper lines won't be long.

As shown by the graph below, BHO is using FDR's way out of the mess that Congress and Clinton helped create.
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#19 KirtFalcon

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Posted 04 May 2012 - 09:25 PM

.
The Clinton Surplus Myth


http://finance.townh...myth/page/full/

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#20 parentofredheads

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Posted 05 May 2012 - 08:34 AM

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Excellent... there's the facts. Thanks for posting.




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