Letter: Remember, Jan. 3, 2007, the day Democrats took over Congress


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Posted Online: Oct. 01, 2010, 2:07 pm
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After reading Part 1 of 7 on "candidates on the issues", I noticed that Phil Hare likes to blame the other guy. You cannot keep blaming Bush for everything. Jan. 3, 2007: That is the day Democrats took over the House and Senate, the start of the 110th Congress. The Democratic Party controlled both chambers for the first time since the end of the 103rd Congress in 1995.

For those of you who are listening to the liberals propagating the fallacy that everything is Bush's fault, think about this: At the time (Jan. 3, 2007): The DOW Jones closed at 12,621.77; The GDP for the previous quarter was 3.5 percent and the unemployment rate was 4.6 percent. George Bush's economic policies set a record oof 52 straight months of job creation (http://www.ontheissues.org/celeb/George_W__Bush_Jobs.htm )

Remember, Jan. 3, 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 percent unemployment to this crisis by dumping trillions of toxic loans on the economy from your Fannie Mae and Freddie Mac fiascos!

And Frank said, "How mean can those Republicans be to deny the less fortunate people of this great nation the right to own thier own home."

And who fought against reform of Fannie and Freddie?Obama and the Democratic Congress

So when some idiot tries to blame Bush, remember Jan. 3, 2007, the day the Democrats took over.

Nick Huyten,

Moline




















 



Local events heading








  Today is Thursday, July 31, the 212th day of 2014. There are 153 days left in the year.

1864 -- 150 years ago: A corps of surgeons now occupies the new hospital quarters at the Garrison Hospital on the Rock Island Arsenal. A fence has been installed to enclose the prison hospital.
1889 -- 125 years ago: B. Winter has let a contract to Christ Schreiner for a two story brick building with a double store front on the south side of 3rd Avenue just west of 17th Street. The estimated cost was $4,500.
1914 -- 100 years ago: Germany sent simultaneous ultimatums to Russia and France, demanding that Russia suspend mobilization within 12 hours and demanding that France inform Germany within 18 hours. In the case of war between Germany and Russia, France would remain neutral.
1939 -- 75 years ago: Civil service offices at the post office and the Rock Island Arsenal were swamped as more than 700 youths sought 15 machinist apprenticeships at the Arsenal.
1964 -- 50 years ago: Last night, American Legion Post 246 in Moline figuratively handed over the trousers to a female ex-Marine and petticoat rule began. Olga Swanson, of Moline, was installed as the first woman commander of the post .
1989 -- 25 years ago: The Illinois Quad City Civic Center captured the excitement and interest of a convention of auditorium managers this weekend in Reno, Nev. Bill Adams, civic center authority chairman, said the 10,000-seat arena planned for downtown Moline has caught the eye of construction firms, suppliers, management teams and concession groups.








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