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The Mess and how Obama inherited it
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Posted on 06/19/2012 7:01:14 AM PDT by tankrlm

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


TOPICS: U.S. Congress; U.S. Senate
KEYWORDS: acorn; affordablehousing; clowardpiven; fanniemae; freddiemac; highriskloans; housingcrash; manufacturedcrisis; obamaeconomy; stockmarketcollapse
The Mess and how Obama inherited it This tells the story, why Bush was so bad at the end of his term.

Do not 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.

There is no way this will be widely publicized, unless each of us sends it on!

1 posted on 06/19/2012 7:01:18 AM PDT by tankrlm
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To: tankrlm

And where is the RNC and Romney with ads reminding Americans of this every single day. We know it here but until they slap this on the Dem’s from Jan 2007 . . . they will not receive one dime from me. I’ve only donated to Newt since then, well and to Sarah (McCain) and not another dime. I’m so sick of the Blame Bush we hear from the DNC non-stop.


2 posted on 06/19/2012 7:05:44 AM PDT by Qwackertoo (Gingrich/West 2012)
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To: tankrlm

BTTT


3 posted on 06/19/2012 7:08:20 AM PDT by Luigi Vasellini (End the political class.......TERM LIMITS NOW!!!!!!!!!!)
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To: tankrlm

Where’s the puke alert?


4 posted on 06/19/2012 7:16:28 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: tankrlm

Never mind, I get it.

“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.”


5 posted on 06/19/2012 7:18:36 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Luigi Vasellini

and the 110th congress was Veto-Proof.


6 posted on 06/19/2012 7:19:22 AM PDT by massgopguy (I owe everything to George Bailey)
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To: tankrlm

Obama did not “inherit” any thing. He actively persued it. He assured us he had all the answers. He tries to make it as if this was pushed on him. No he interjected himself in this.


7 posted on 06/19/2012 7:19:59 AM PDT by Lurkina.n.Learnin (The democratic party is the greatest cargo cult in history.)
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To: tankrlm

I condense it this way: In Jan 2007 the Pelosi/Reid cartel took control of Congress. One year later we were in recession. Two years later we were in a total financial collapse.


8 posted on 06/19/2012 7:22:54 AM PDT by csmusaret (I will give Obama credit for one thing- he is living proof that familiarity breeds contempt.)
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To: Qwackertoo
And where is the RNC and Romney with ads reminding Americans of this every single day.

Romney has trouble describing Obama as a Socialist, let alone what he more precisely is, a Communist. He's a very weak candidate, but anything is better than the crew we have in there now.

9 posted on 06/19/2012 7:23:04 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: tankrlm
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.

Bush should have done what Zero did - just make up his own law and tell America in a speech this is the way it is to be. Zero has shown us that is all that is needed to make laws - never mind the US Consition Article 1, Section 8........"To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.
10 posted on 06/19/2012 7:27:25 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: tankrlm

I was aware that Bush had tried to increase / inhance the regulation of Fannie and Freddie, but I wasn’t aware he did so eleven times. Not doubting you, but is there a source for this?


11 posted on 06/19/2012 7:28:50 AM PDT by JaguarXKE (If my Fluffy had a puppy, it would look like the puppy Obama ate!)
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To: csmusaret
In Jan 2007 the Pelosi/Reid cartel took control of Congress. One year later we were in recession. Two years later we were in a total financial collapse.

The Cloward-Piven Strategy of Manufactured Crisis
[Obama's strategy for destroying the economy]

frontpage.americandaughter.com
| August 31, 2008 | Jim Simpson

Liberals self-righteously wrap themselves in the mantle of public spirit. They ardently promote policies promising to deliver the poor and oppressed from their latest misery — policies which can only find solution in the halls of government. But no matter what issue one examines, over the last fifty plus years, the liberal prescription has almost always been a failure.

Why is this so? Why does virtually every liberal scheme result in ever-increasing public spending while conditions seem to get continually worse? There are a number of reasons:

  1. The programs usually create adverse incentives. This is especially true in so-called “anti-poverty” programs. The beneficiaries find government subsidies a replacement for, rather than a supplement to, gainful employment and eventually become incapable of supporting themselves. This in turn creates a dependent culture with its attendant toxic behaviors which demand still more government “remedies.”
  2. The programs create their own industry, complete with scads of “think tanks” and “experts” who survive on government research grants. These are the aptly named “Beltway Bandits.”
  3. They create their own bureaucracies, whose managers conspire with interested members of Congress to continually increase program funding, regardless of merit.
  4. Members of Congress secure votes and campaign donations by extorting them from beneficiaries of such programs, either through veiled threats — “vote for me or those mean Republicans will wipe out your benefits” — or promises of still more bennies.

In short, all develop a vested interest in the program’s survival. But if the result is always more and more government, of government, by government, and for government, with no solution in sight, then why do liberals always see government as the solution rather than the problem?

Similarly, liberals use government to promote legislation that imposes mandates on the private sector to provide further benefits for selected groups. But the results are even more disastrous. For example, weighing the laws or stacking the courts to favor unions may provide short term security or higher pay for unionized labor, but has ultimately resulted in the collapse of entire domestic industries.

Another example is health care. The Dems are always trying to impose backdoor socialized medicine with incremental legislation. Why do you suppose American healthcare is in such crisis? Answer: the government has already become too deeply involved. For example, many hospitals are closing their doors because they are overwhelmed with the burden of caring for indigent patients, illegal immigrants and vagrants who must, by law, be admitted like everyone else, despite the fact that they cannot pay for services. Read about it here — Destroying Our Health Care. The net result is reduced availability of care for everyone, exactly the opposite of what liberals claim to want.

To further complicate things, liberal jurists and lawyers have created new theories of liability that utilize the legal system as a means to further redistribute income. This too, has resulted in higher costs and prices in affected industries, higher insurance costs, or in some cases, complete elimination of products or services.

Liberals’ endless pursuit of “rights” for different groups also does little but create increasing divisions in our society. Liberal policy pits old against young, men against women, ethnic and racial groups against one another, even American citizens against illegal aliens, all in the name of “equality.” The only result is anger, tension and equal misery for all.

How does any of this improve our lot?

Finally, when companies relocate overseas to avoid the high cost of unionized labor and heavy domestic regulation, liberals sarcastically excoriate them for “outsourcing” America. Yet, when it comes to certain domestic industries, liberals in Congress suddenly become free marketers and choose to buy from overseas contractors rather than domestic suppliers. This happened most recently with a huge military contract being outrageously awarded to the heavily subsidized European consortium, AIRBUS, over America’s own Boeing. Since liberals claim to be so determined to “save the American worker,” what gives?

You have to take a step further back and ask some fundamental questions. Why is the liberal public policy record one of such unmitigated disaster? I mean, even the worst batter hits one occasionally. No one bats zero. No one that is, except liberals.

Prior to the Republican takeover in Congress in 1994, Democrats had over fifty years of virtually unbroken power in Congress with substantial majorities most of the time. With all the time and money in the world — trillions spent — they couldn’t fix a single thing, not one. Today’s liberal has the same complaints, and the same old tired solutions. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?

Why?

When things go bad all the time, despite the best efforts of all involved, I suggest to you something else is at work — something deeper, more malevolent.

I submit to you that it is not a mistake, the failure is deliberate!

There is a method to the madness, and the method even has a name: the Cloward-Piven Strategy. It was first elucidated in the 1960s by a pair of radical leftist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven:

The strategy of forcing political change through orchestrated crisis…. …the “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.

[Part II of this article will explore those organizations created to implement the Cloward-Piven strategy and their ties to the presidential candidacy of Barack Obama.]


The Complete Cloward-Piven Series

The Cloward-Piven Strategy, Part I: Manufactured Crisis
The Cloward-Piven Strategy, Part I — print copy
The Cloward-Piven Strategy, Part II: Barack Obama and the Strategy of Manufactured Crisis
The Cloward-Piven Strategy, Part II — print copy
The Cloward-Piven Strategy, Part III: Conspiracy of the Lemmings
The Cloward-Piven Strategy, Part III — print copy
Hate Crimes Legislation — Back Door Censorship
_______________________________________________________________

Also see (from David Horowitz's DiscoverTheNetworks.org) ...

THE CLOWARD-PIVEN STRATEGY (CPS):

http://www.discoverthenetworks.org/groupProfile.asp?grpid=7522
_______________________________________________________________

Cloward, Piven and the Fundamental Transformation of America

Tuesday, January 05, 2010
By Glenn Beck


Meet Richard Cloward and Francis Fox Piven,
authors of the Cloward-Piven strategy

"I'm going to give you a hard concept to get your arms around: It's the concept that there are people in this country who want to intentionally collapse our economic system."-Glenn Beck

http://www.foxnews.com/story/0,2933,582097,00.html

12 posted on 06/19/2012 7:30:28 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: tankrlm
The rewriting of history continues......well done tankrim!

Bawney and friends should be brought up on charges. Put this back in the news and let them defend their actions.....Boner has no balls....he must be replaced.....if the shoe was on the other foot the rats would be holding public hearings and throwing people in jail....GOP.....not so much!

Dodd and his corrupt cronies were getting special loans....passing out regulations that qualified everyone for a loan. This must not stand....I want a trial, I want to know what really happened, and I want some of these crooks put in jail.....

13 posted on 06/19/2012 7:31:36 AM PDT by Hogblog
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To: Hogblog
Dodd and his corrupt cronies were getting special loans....passing out regulations that qualified everyone for a loan. This must not stand....I want a trial, I want to know what really happened, and I want some of these crooks put in jail...

They were doing it with the INTENT to 'overload' the system in order to collapse it.

14 posted on 06/19/2012 7:39:46 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: tankrlm

Nicely done. Obama wants to blame the previous tenant, but he shit his own bed.


15 posted on 06/19/2012 7:41:22 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: ETL

inherited , Bush did not die and leave Obama the country .Obama spent a lot of time ,money and lies to get the job . The country is over 200 years old ,when you step into the Oval Office don’t expect the new car smell.


16 posted on 06/19/2012 8:01:20 AM PDT by molson209
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To: Cheerio
And this congress should do exactly what the Democrat super majority congress elected in 1974 in the wake of Watergate did to the Ford Administration: cut off funding for anything the executive branch tried to do that they didn't like.

People forget that the infamous picture posted below was a result of a congressional aid cut-off.

North Vietnam re-invaded the south in direct violation of the armistice signed two years earlier. South Vietnam asked for naval support as we were obligated to provide under the terms of the armistice, but congress cut off funding for the operation.

While slowing the invasion by shelling the invasion route might have stopped it or might have only delayed it, at least it most certainly would have ensured more lives being saved and a more orderly evacuation. But the Democrat super majority in congress would have none of it and the North Vietnamese timed their re-invasion perfectly to take advantage of this weakness.

17 posted on 06/19/2012 8:11:02 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Vigilanteman
But the Democrat super majority in congress would have none of it and the North Vietnamese timed their re-invasion perfectly to take advantage of this weakness.

As evidenced more precisely than ever, many of the demonRats actually sided with the communists. We see loads of proof today just how far left they are.

18 posted on 06/19/2012 8:18:45 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: ETL
At the time, they told us they didn't want to spend any more money on a lost cause. But, at worst, the cost of naval shelling would have been a bargain compared to the cost of a disorderly evacuation.

And, naturally, they will never use the same argument with the war on poverty.

19 posted on 06/19/2012 8:22:40 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: tankrlm

bkmk


20 posted on 06/19/2012 8:31:09 AM PDT by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: Vigilanteman
At the time, they told us they didn't want to spend any more money on a lost cause.

Key words: "At the time, they told us"

We now know how dangerously far left most of them were/are. How they have sought to undermine us militarily time after time. How they stand behind a clear-cut communist like Obama and his "fundamental transformation" (Marxist) agenda.

21 posted on 06/19/2012 8:47:02 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Vigilanteman
"from 1964 to 1968 complete revolution was on the table for this country...the green economy will start off as a small subset and we are going to push it and push it and push it until it becomes the engine for transforming the whole society."--Van Jones, Obama's former "Green Jobs Czar"

____________________________________________________

"Kill all the rich people. Break up their cars and apartments. Bring the revolution home, kill your parents, that's where it's really at"
--Bill Ayers (1970), quoted in New York Times, September 11, 2001:

Article: "No Regrets for a Love Of Explosives; In a Memoir of Sorts, a War Protester Talks of Life With the Weathermen"
http://query.nytimes.com/gst/fullpage.html?res=9F02E1DE1438F932A2575AC0A9679C8B63&sec=&spon=&pagewanted=1>
_____________________________________________________

"Dig It. First they killed those pigs [ie, rich people], then they ate dinner in the same room with them, they even shoved a fork into a victim’s stomach! Wild!"
-Weather Underground leader and wife of Bill Ayers, Bernardine Dohrn, referring to the Manson murders

Article: Allies in War -by David Horowitz
FrontPageMagazine.com | Monday, September 17, 2001
http://www.frontpagemag.com/Articles/Read.aspx?GUID=63512670-BF7C-42A0-B41D-5D0FB9E09C09
_____________________________________________________

Undercover agent Larry Grathwohl discusses the Weather Underground's post-revolution governing plans for the United States:

Larry Grathwohl:

"I asked, 'well what is going to happen to those people we can't reeducate, that are diehard capitalists?' and the reply was that they'd have to be eliminated. And when I pursued this further, they estimated they would have to eliminate 25 million people in these reeducation centers. And when I say 'eliminate,' I mean 'kill.' Twenty-five million people. I want you to imagine sitting in a room with 25 people, most of which have graduate degrees, from Columbia and other well-known educational centers, and hear them figuring out the logistics for the elimination of 25 million people. And they were dead serious."

http://www.youtube.com/watch?v=HWMIwziGrAQ
_____________________________________________________

From David Horowitz's FrontPageMag.com/DiscoverTheNetworks.org:
"FBI files from 1976, recently made public under the Freedom of Information Act, confirm the connections between Weatherman, Havana, and Moscow. Weatherman leaders like Mark Rudd traveled illegally to Havana in 1968 to engage in terrorist training. There, camps set up by Soviet KGB Colonel Vadim Kotchergine were educating Westerners both in Marxist philosophy and urban warfare."
http://www.discoverthenetworks.org/groupProfile.asp?grpid=6808
_____________________________________________________

"In July 1969, [Bernardine] Dohrn [Bill Ayers' co-terrorist wife and leader of the Weather Underground], Eleanor Raskin, Dianne Donghi, Peter Clapp, David Millstone and Diana Oughton, all representing 'Weatherman', as Dohrn's faction was now called, traveled to Cuba and met with representatives of the North Vietnamese and Cuban governments."
http://en.wikipedia.org/wiki/Bernardine_Dohrn

July 27, 1970: The United States Army base at The Presidio in San Francisco is bombed on the 11th anniversary of the Cuban Revolution. [NYTimes, 7/27/70]
Chronology of Weather Underground attacks:
http://en.wikipedia.org/wiki/Weatherman_(organization)#Chronology_of_events

Wikipedia's source for the Chronology of Events:
FBI files (on pdf)
http://foia.fbi.gov/foiaindex/weather.htm

22 posted on 06/19/2012 8:54:41 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Vigilanteman
Image and video hosting by TinyPic
_____________________________________________________

"It was at the Chicago home of [Bill] Ayers and [Bernardine] Dohrn that Obama, then an up-and-coming 'community organizer,' had his political coming out party in 1995. Not content with this rite of passage in Lefty World — where unrepentant terrorists are regarded as progressive luminaries, still working 'only to educate' — both Obamas tended to the relationship with the Ayers."
Article: The Company He Keeps:
Meet Obama’s circle: The same old America-hating Left
http://article.nationalreview.com/?q=YThjYTU1ZDBjNmQ2YzcwNzU1MmYwN2JiMWY0ZGI0NDA=&w=MA==
_____________________________________________________

From American Thinker, September 16, 2008
Article: Obama's Foul Weather Friends
By Scott Swett and Roger Canfield

"As a gesture of solidarity, the Vietnamese who [Bernardine] Dohrn met in Budapest presented her with a ring made from an American aircraft shot down over North Vietnam. Bill Ayers would receive a similar ring while meeting with Vietnamese communists in Toronto. He later recalled being so moved by the gesture that he 'left the room to cry.' "

http://www.americanthinker.com/2008/09/obamas_foul_weather_friends.html

23 posted on 06/19/2012 8:55:27 AM PDT by ETL (ALL (most?) of the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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To: Vigilanteman
I argued along with Michele Bachmann a year ago when the freshman GOP was seated in the HOUSE - STOP FUNDING THE OBAMACARE LAW. VERY SIMPLE. At first the 85 new Congresscritters could be seen voicing their opinion, then the "GOP-e Leadership" got involved and told them to STFU, if they wanted leadership roles or committee appointments. Boehner and the boys caved on the Continuting Resolution and the Debt Ceiling where the GOP held a Royal Flush against Obama's two of a kind.

I am through voting. What do we have now? A GOP-e selected Presidential nominee the weakest of the bunch running except Huntsman. I am though, it is not worth my time since IMHO all is lost. We are quickly becoming a socialist royalty.
24 posted on 06/19/2012 9:13:59 AM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio
Certainly, I understand your frustration. But we never know which direction a civil war might take us. I will continue to do what I can because I'm not ready to either roll over and quit nor fire on Fort Sumter.

I've read the total Bible and it isn't over until we win.

25 posted on 06/19/2012 9:20:11 AM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: ETL

bkmk


26 posted on 06/19/2012 10:11:11 AM PDT by Wingy (Don't blame me. I voted for the chick. I hope to do so again.)
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To: tankrlm
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy.

Bush should have done what Zero did - just make up his own law and tell America in a speech this is the way it is to be. Zero has shown us that is all that is needed to make laws - never mind the US Consition Article 1, Section 8........"To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof.
27 posted on 06/19/2012 12:12:21 PM PDT by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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