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 Wednesday, Oct. 1, the 274th day of 2014. There are 91 days left in the year.

1864 -- 150 years ago: It is rumored in the streets that the 13 negroes sent to Quincy on the Moline quota were refused. We think this must be a mistake.
1889 -- 125 years ago: Harvey McKenna, of Detroit, billiard player matched to play Wizard Schafer in New York in January for the world championship, was a professional friend and manager, Billy Catton in Rock Island.
1914 -- 100 years ago: Levi Cralle, former Rock Island county sheriff, had come from his farm near Mitchell, S.D. to visit friends in the city.
1939 -- 75 years ago: Work is being rushed on the new high school building in Orion to replace the one destroyed by fire last winter. Classes are being held in churches.
1964 -- 50 years ago: Rehearsals for the 84th season of the Handel Oratorio Society chorus will begin at 7:30 p.m. Monday on the stage of Centennial Hall, Augustana College.
1989 -- 25 years ago: The Rock Island City Council's plan announced this week to have the federal government vacate Valley Homes public housing and move residents to Arsenal Courts to reduce density may not be feasible.






(More History)