🚀 go-pugleaf

Truthful talking points are a good thing. Here are few to add to 
your arsenal. Tweet them, email them to the Romney campaign, 
your Congressmen and all Republican leadership. As Andrew 
Breitbart said: Get Busy!

Civilian Employment-Population Ratio

http://www.maggiesnotebook.com/wp-
content/uploads/2012/07/Employment_Graph_16.jpg

The day the democrats took over was not January 22nd 2009, it 
was actually January 3, 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.

71% of SubPrime Loans were Government, not Wall Street

Parable of Why Johnny Can�t Borrow

The economic meltdown that happened 15 months later was in what 
part of the economy?
ANSWER: BANKING AND FINANCIAL SERVICES!

Unemployment added to the Banking and Financial Services CRISIS 
by (among MANY other things) dumping $5-6 TRILLION of toxic 
loans on the economy from YOUR Fannie Mae and Freddie Mac 
FIASCOES!

Remember that millions received home loans with no or little 
downpayment, with no credit checks. Easy credit led these 
irresponsibles to buy homes they knew they could never afford or 
qualify for.

People who purchased their homes through traditional lending 
procedures (down payments and credit checks), also lost jobs and 
were forced into a market where �irresponsibles� had no equity 
in their home, had moved in without it costing a dime, and 
walked out of the house as easily as they moved into it. 
Neighbors owing through traditional loans were faced with 
foreclosure signs, overgrown lawns and in some cases, homeless 
persons invading and living in the empty houses � while 
homeowner�s children had to walk the sidewalks to get to the 
school bus.

Home Values: January 2009 $169,900, December 2011 $164,100

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? ANSWER: OBAMA

And who fought against reform of Fannie and Freddie?

ANSWER: OBAMA and the Democrat Congress: Reps. Barney Franks, 
Maxine Waters and Senator Chris Dodge blackmailing financial 
institution into making the loans.

Tracking the Mess of Fannie and Freddie

About the $787 Billion stimulus from the American Enterprise 
Institute:

OK, so without the stimulus, there would be anywhere from 
200,000 to 1.5 million fewer people employed right now? That 
means the current cost-per-job created is somewhere between $4.1 
million and $540,000. ~ Jim Pethokoukis using a newly released 
CBO report.

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. Read details here.

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, 2009.

The Obama economic Record.  It ain't pretty.

http://www.maggiesnotebook.com/wp-
content/uploads/2012/07/Obama_Economic_Graph_16.jpg

http://www.maggiesnotebook.com/2012/07/obamas-fault-truthful-
talking-points-for-congress-and-pundits/

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