Obama “Inherited” this Mess from His Own Party…….

Obama “Inherited” this Mess from His Own Party…….

Democrats have been in CONTROL of Congress since 2006 and technically, the Republicans only held TWO more seats than the Democrats in 2004,which mean there was NO SUPER MAJORITY vote on ANYTHING! To help some of you out, if the Democrats voted on a party line with say, the issues with Fannie Mae and Freddie Mac, and….there were not enough votes to get the 2006 bill the wrote passed because the two independents in the house causus with the Democrats, therefore shooting the bill down by 2 votes. A threat they had already made.

 

But, Barney Frank (whose lover was an exec of Fannie Mae while he serve on the Banking Commerce Board) and Maxine Waters (Who said Franklin Reins was doing an outstanding job and therefore there was nothing wrong with Fannie and Freddie) said nothing was wrong with Fannie Mae and Freddie Mac. Of course, Franklin Reins swindled millions out of them both didn’t while cooking the books! Chris Dodd said there was nothing wrong with Fannie Mae and Freddie Mac while he was performing his dirty deed with Countrywide. Chuck Schummer said both were NOT in trouble and have done a fine job sine they were implemented.

 

I wonder, if they were doing such a fine job, why did Clinton and Bush both state there needed to be more regulation and oversight because of the issues going on with both of them?

My point for all of this is as follows: We can keep pointing the finger and saying “We inherited this mess”, or we can clean it up. To keep pointing the finger because your current policies are failing is not fixing the problem. Stop spending the money, stop giving $16 million to Nancy Pelosi’s rat project in a state where teachers are laid off. Stop giving $4 million for a turtle crossing in Florida where that $4 million could help the elderly or help feed hungry children.

 

Better yet, stop sending money we do not have over to African and other country’s when we have so many more problems in our own country. What about our homeless and our starving children? It would seem to me that OUR Tax dollars should be spent on OUR country first, then given for aid to other countries.

 

But, so much for logical thinking-huh?! OBama wants to spread out wealth and that is exactly what he is doing. Spreading our money to other countries while our country is ignored.

 

I will say this again–This is what happens when you give an UNQUALIFIED and INEXPERIENCED person  a job or promotion they do not deserve!! No Foreign Affairs experience, No Military Experience, No Economics Experience, Minimal Government Experience, Had NO CLUE about American History and apparently still does not.

Obama was not elected because he had experience and or knowledge, because EVERYONE knows he did not-it is factually undeniable! No, Obama was nothing more than proof that Affirmative Action is a farse and one of the components in the demise of thise once great country.

 

The 108th Congress was in session in the years 2003-2004. In that Congress, Republicans held both the House of Representatives and the Senate, albeit by a thread.

The House of Representatives of the 108th Congress consisted of 227 Republicans and 210 Democrats, with one Democrat-leaning Independent and two vacancies.

The U.S. Senate of the 108th Congress consisted of 51 Republicans and 48 Democrats, with one Democrat-leaning Independent.

In the 109th Congress, Republicans are the majority party with 55 seats to 44 held by Democrats and one by an Independent who caucuses with Democrats.

The Senate of the 110th Congress will be comprised of 49 Democrats, 49 Republicans and 2 Independents, both who plan to caucus with the Democrats. Thus, the Democrats will possess a 51-49 majority in the US Senate.

http://www.opensecrets.org/news/2008/09/update-fannie-mae-and-freddie.html

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