THE FACTS PLEASE JUST THE FACTS

The    Washington  Post "reported" again today about  Obama inheriting a huge deficit from  Bush. Amazingly enough,..... a lot of people  swallow this nonsense. So once more, a short civics  lesson.

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. They  controlled the budget process for FY 2008 and FY 2009,  as well as FY 2010 and FY 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  FY 2009 though, Nancy Pelosi and 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 FY 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 FY 2009.

 

If  the Democrats inherited any deficit, it was the FY 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.

And let's not forget that the unemployment was at 4.4% Jan '07 when Polosi and Reid were sworn in.

Also. in 2006, John McCain initiated hearings about the mortgage policies of this administration..that EVERYone Had a Right to the American Dream of home ownership...even if they couldn't hope to pay back.  Barnie Frank was on UTUBE saying that Freddie Mac and Fanny May had been reviewed and there were no problems with them or their policies...And Maxine Waters at the same hearing said that not only was there not a problem but under the "Capable leadership" of Franklin Raines, the housing program was in excellent shape.