Thursday, February 18, 2010

How Things Went From Good to Bad

As of early 2006, before the Democrats took control of Congress, consumer confidence stood at a 2-1/2 year high, the average gas price before the 2006 election was $1.50-2.00, the unemployment rate in Feb., 2006 was 4.7%. This kind of prosperity was more than the liberal media could stomach and they concentrated only on what Bush had done in Iraq. As far as the crises we are in today, the liberals will continuously ignore the facts and continue to trash Bush. Educate yourselves by reading the New York Times article. Look at the date it was written.
Published: September 11, 2003
New Agency Proposed to Oversee Freddie Mac and Fannie Mae - New York Times
WASHINGTON, Sept. 10— The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

The Democrats were the ones who started to tell banks who to loan to, and Clinton was the one who imposed penalties if not enough low income loans were made. The REPUBLICANS saw crises in the making and attempted to do something about it. For proof watch these videos.

For the record: Many moderate Democrats do not believe in the far-left ideology, and not all Republicans are conservatives. That’s why Democrats, Republicans, Libertarians and Independents are taking to the streets and will force the right kind of change by forcing all self serving politicians from both parties out of office.


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