An Alternate History Lesson by: Robbie Sipangelo
A history lesson you will not find in the news, weather TV or
Print. You won’t find it in our schools either.
Do YOU REMEMBER JANUARY
3, 2007?
This is NOT a political message, but rather a clarification
to remind us all of the correct facts.
Remember that on October 9, 2007, 11 months before our “economic
crisis” occurred
(that was actually created), the Dow hit its highest point ever,
closing at 14,164.53 and reaching 14,198.10 intra-day level 2 days later.
Unemployment was steady at 4.7%. But things were already being put in
place to create the havoc we’ve all been experiencing since then. And it
all started, as this email explains, on January 3, 2007. --LFL
This tells the story, why Bush was so “bad” at the end of
his term. Don't just skim over this, it's not very long, 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, which was 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, 2007was 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 Mac 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....
