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




















 




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  Today is Thursday, April 17, the 107th day of 2014. There are 258 days left in the year.

1864 -- 150 years ago: Journeymen shoemakers of Rock Island struck for higher wages yesterday morning, asking 25 percent increases. Employers have acceded to their demand.
1889 -- 125 years ago: Lighting struck wires of the Merchants Electric Light Co. during a furious storm, and many Rock Island business houses were compelled to resort to gas as a means of illumination.
1914 -- 100 years ago: Members of the First Church of Christ, Scientist, decided to erect a new edifice at a cost of about $60,000.
1939 -- 75 years ago: Willard Anderson, junior forward for the Augustana College basketball team, which won 17 out of 22 contests, was elected captain of the quintet.
1964 -- 50 years ago: John Hoffman, Moline, president of the Sac-Fox Council of Boy Scouts, will be honored for his 50 years in scouting by members of the council at a dinner Thursday evening.
1989 -- 25 years ago: The Quad-Cities has what is believed to be the area's first elite-class gymnast. It's the stuff upon which Olympic competitors are made. Tiffany Chapman, of Rock Island, not only has earned the highest possible gymnast ranking, she won the honor at age 11.






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