Remember The Day Democrats Took Control

Comment   Email   Print
Related Articles
The day the Democrats took over was not January 22nd, 2009 it was actually January 3rd, 2007, the day the Democrats took over the House of Representatives and Senate.

The start of the 110th Congress, the Democratic Party controlled a majority in both chambers for the first time since the end of 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: January 3rd, 2007 was the day the Democrates took over the Senate an 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 52 STRAIGHT MONTHS OF JOB CREATION.

REMEMBER THE DAY January 3rd, 2007 was the day that Barney Frank. took over the House Financial Services Committee, an Chris Dodd 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 12,621 DOW, +3.5 GDP, and 4.6% unemployment to this crisis by (among many other things) dumping 5-6 TRILLION DOLLARS of toxin loans on the economy from the Fannie Mae and Freddie Mac FIASCOS.

Bush asked Congress 17 times to stop Fannie and Freddie starting in 2001 because it was risky for the U.S. economy.

And who fought against reform of Freddie and Fannie — OBAMA AND THE DEMOCRATIC CONGRESS.

REMEMBER JANUARY 3rd, 2007 THE DAY THE DEMOCRATS TOOK OVER. Bush may have been in the car but the Democrats were in charge of the gas pedal and steering wheel of the car, they were driving, and now we have 12.6% unemployment and a out of control downward enonomy.

THANKS DEMOCRATS!

FRED TENPENNY,
WOODBURY, TN.
Read more from:
CANNON COMMUNITY
Tags: 
None
Share: 
Comment   Email   Print
Members Opinions:
October 31, 2010 at 7:15am
Who held the veto pen and promised to use it if he was presented any bills he didn't like. And the Dem's. didn't have a veto proof majority, remember.
October 31, 2010 at 8:16am
Bill Clinton when he signed NAFTA into law instead of VETOING it, the true beginning of the economic downfall of America.
October 31, 2010 at 9:22am
Mr Tenpenny, can you tell us what legislation the Dems implemented after they took over to lead us to this point? You have reserched your dates, but you fail to realize that this catastrophic economic downfall doesn't happen over night! This was also due to failures by the previous administration and a Republican Congress. One day the "Right" will realize that everyone is to blame for the situation we are in. Stop blaming one person, party, etc Mr Tenpenny, and give us solutions to the problem. That's all I see in my mailbox daily, are ads blaming someone, never seen an ad that says how a candidate will fix something!
[Delete]
October 31, 2010 at 9:27am
I havent seen anybody in cannon county rich enough to be a republican.MCain-palin had won I guess we all be drinking free bubble up and eating rainbow stew.
October 31, 2010 at 4:03pm
Obama sure knows how to spend the money he doesn't have. How did that work out? Not too good! Our grandchildren will be paying for that for a long time. If people had not bought homes they could not afford was also a problem. Doesn't matter if the loan institutions approved them. They knew they could never pay for a $500,000.00 home on a $50,000.00 salary. Unemployment is higher than ever. The "jobs" Obama created are long since gone, after the census takers were finished. I agree with 65stang about Clinton signing the NAFTA into law, being some of the start of all this mess. I was in the auto industry for almost 30 years. I saw first-hand what that did for our jobs. The Democrats need to stop blaming the Republicans and get to work on what really matters. I am tired of seeing the negative political ads. What has the current politicians done? Nothing. Now,they all of a sudden say they are going to "fix it". Why haven't they already fixed it? They have had plenty of time. Oh, I forgot. They were too busy blaming the other party. Let's just get this election over and hopefully, get down to business with what really matters. The every day hard working people of this cocuntry. Without them, there will be no country, as we know it.
October 31, 2010 at 6:22pm
Ladyreader, thank you for echoing my initial point, but putting your spin on as if to make it sound like a republican's opinion. Would you agree that President Bush "spent money that he didn't have" while bailing out big businesses? Also, would you agree that when those people "bought homes they couldn't afford" that was also under Mr Bush's 8 years, as well as the Right's reign in the Senate, and the House?
October 31, 2010 at 7:04pm
I will say it again--the problem is all the yellow dogs wearing their gold plated blinders. I know who was there when it all went bad , politicians, from both sides.
October 31, 2010 at 8:29pm
Mr. Bush did not have anything to do with the stupidity of people. Nor did any other president. These people had an 'instant gratification' issue and it got them and the loan institutions in trouble. You simply do not buy what you cannot afford. On the other hand, if the loan institutions had not been so greedy, they would not have permitted these people to get loans. Some things you have to have some good old common sense about. I do not believe in spending money you do not have, whether you are a Democrat or Republican and both sides are guilty of this. I do believe that some things have to work themselves out, i.e., GM. Had they had stronger leaders, they would have not needed bailing out. Look at Ford. I do not believe that any president, past or present has been 100% right or wrong. What I do believe is that health care has to change. Do I agree on a national health care program? NO. Look at the statistics of other nations with same. People are dying every day for lack of medical intervention. Do we need to bail out every Tom, Dick and Harry that comes along? NO. I am neither a Democrat,Republican or Independent. I vote my conscience. I am, very conservative and look to God and Scripture for my direction.
[Delete]
October 31, 2010 at 10:41pm
Want a more suitable alternative to the Democrat or Republican Party? By a great majority the American people lie somewhere between the two extremes. It is time for a new party to represent the not so silent majority. Neither the extremes are getting the job done. All they can do is point fingers at one another. It is time for a new party to rise from the ashes of this election. Be watchful and hopeful such occurs. It is a long time in coming.
[Delete]
October 31, 2010 at 11:36pm
I see that no one remembers that the ruinous policies adopted by Fannie And Freddie were imposed by Executive branch edict and Congressional maneuvering during the years that the second worst president of the 20th century was in office: Bill "SickWillie" Clinton, or, as I prefer to think of him; "Squint the Wonder Pig" when the Democratic party took up the mantra of "Making the American Dream of Home Ownership a reality for more deserving Americans" The deserving Americans in question being anyone who would sell their vote for a home mortgage. The inevitable meltdown took longer than people are apparently capable of remembering. Many people have apparently forgotten the international disgrace heaped upon the office of President of the United States by the vermin from Hope, Arkansas.
November 01, 2010 at 8:33am
The FAULT lies with us--we elected the politicians, we went to the bank, we begged for the money, and we signed and let out neighbors sign those note. If you are so uneducated you cant understand the note, cant find someone you trust who does, or must rely on THE GOVERNMENT to protect you from your own ignorance then shame on YOU, your community and the education system.

When we do good -look at me. When we do bad- who made me do that?

Do we really need a sticker on the chainsaw to inform us (in picture form case we dont comprenda englash or cant read after high school) that you cant lick the blades while running?
[Delete]
November 01, 2010 at 9:28am
OK Rachel put yourself in the shoes of the people who got the loan for their house.

You have for the first time, the opprotunity to buy a home where you can raise a family and maybe get out of a rough neighborhood and away from gang violence and send your kids to a decent school. And you buy the house with the intent of staying there for the rest of your life.

Then the bank who was forced to loan you the money due to regulations imposed on them by a Democratic Congress because you were in the correct geographical location, or you were of a certain race or color now raises your interest rates because you have a balloon interest rate vs. a fixed interest rate. They do that because you didn't qualify for any other type of loan, but based on the regulations they must give you a loan somehow.

Now you can't make the payment because you are paying more interest than you originally started out with, the economy goes in the tank and you lose your job.

That is what a majority of these people faced due to those regulations.

It was not all about ignorance on their part
as you suggest. There were underlying factors involved that caused all of it. And if you could provide better for your family I daresay you would have done the same.

You really need to study and learn what you are talking about before you make statements like "If you are so uneducated you cant understand the note, cant find someone you trust who does, or must rely on THE GOVERNMENT to protect you from your own ignorance then shame on YOU, your community and the education system."

You lack of understanding the problem as whole is part of the problem itself. And you are the first to accuse me of being opinionated.

Talk about hypocritical!

November 01, 2010 at 10:51am
If you sign a note - YOU ARE RESPONSIBLE

YOU should understand the note
YOU should know you have the means to satisfy the conditions
YOU should understand the consequences of lack of performance
YOU better know future variables in rates, payments & conditions
YOU better know if you didn't qualify at a good bank-there was a reason!
YOU better know if your note was "FORCED" (almost comical)

weither out of ignorance or greed or whatever-THEY MADE THE PROMISE

We know I am a fool and tlerd77 continues to argue with me???

As for tlerd77 advising me what I need to do - mainly I need to quit wasting my time reading the rant of an narcissistic, zealot, cantankerous,benighted oh yea, FOOL.
[Delete]
November 01, 2010 at 11:22am
LOL OK whatever.

You make my point for me by your lunatic ranting!

HA!
[Delete]
November 01, 2010 at 5:31pm
by: HomeStader 11/01/10
Most of every thing that i have read from all of The Comments that has been made or wrong Rachel you just don't get it. Barney Frank was the problem giving away free money that took, a chunk out of your piggy bank that you keep trying to justify and you can't every do that. We should not have to pay for Barney Frank's greed.
November 01, 2010 at 6:12pm
I agree Leigh. Frank, Dodd ,Waters and many more on both sides who WE ELECTED to serve for the for the betterment of all, failed. Whether out of lack of vision, ignorance , greed or whatever now doesn't matter much--THEY FAILED US, but we must take some of the blame ourselves is the point I tried to make. We need to teach our children how to survive which includes money sense. And to that point many have failed.

WE need to know the 3 R's but it would help to know what foreclosure is before you are woke up with the sheriff nailing a notice to the door.

We all need to become more educated and make better decisions when picking candidates and mortgages.
November 01, 2010 at 6:39pm
I think we all want to give our families a better life and living conditions. I strived to do the same as my children were growing up. But,I always knew what my limit was as far as buying a house or car or anything major. I never wanted to live the way I saw some people do when they had a house they couldn't afford. Comments like,"I can't go out to lunch because I have to make a house payment this week. I can't take my children to the drive-in because my car payment is due. That is sad. NO one forced you to sign the papers at closing or to buy taht over-priced automobile. True, the Dems made it a lot easier than it used to be. Even so, part of the blame lies with the consumer.
November 02, 2010 at 5:57am
rd77, please remember while we all have the inherent right to be stupid, I am afraid you, dear sir, have abused that priviledge.

I think God worried about that, once He let man down out of the trees and they stopped dragging their knuckles. He saw a few who would get just enough "learning" not to realize how ignorant they are.
[Delete]
November 02, 2010 at 6:42am
dailyreader you and rachel can call me a fool, call me stupid, call me whatever you want. It does not bother me in the least.

You and her both prove my point day after day as you write your liberal manure all over this website that both of you are in your own little world and have no concept of reality.

Once again, I go back to what I ask you every time. What solutions do you bring to any issue?

What are your ideas to solve anything other than live off the government and we all should have the right to do whatever we please, whenever we please, however we please no matter what the cost?

You bring nothing. You solve nothing and you do nothing except make my point about you and her stronger everyday.

P.S. I find it amusing that a self-proclaimed atheist like yourself wants to envoke God and the power of prayer when it is a conveinence to you.

Typical liberal hypocrite as usual.

[Delete]
November 02, 2010 at 6:59am
A classic example of how extreme sides cannot and will not ever work together. The fundamental differences between them is far too great for compromise. Such is the condition of our current political system in the U.S. It is time that We the American people tell our elected officials to lead, follow, or get out of our way and that one thing is for sure, they must do one or the other. There is no more a time to sit and bicker while we as citizens suffer. We must remember that each and every day we have 435 Congressmen in Washington doing exactly what we see being done here on our Courier website. And another 100 Senators doing the same thing as well. How can we feel these people are representing OUR best interest? There is no more the possibility of compromise there than what we read here. Extremists on both sides have hi-jacked our political system. We, as Americans, want our country back! It is time for true representation in our government. Send that message to Congress. Vote Independent wherever and whenever possible.
[Delete]
November 02, 2010 at 7:43am
Blue I agree with you 100%.

I have repeatedly said over and again that as much as I disagree with dailyreader and rachel that it does not mean that we shouldn't all be working together toward making a better community.

Instead what I get in return is to be called a fool by rachel and stupid by dailyreader.

If you can figure out how to reach people that have no other desire than to complain and offer no solutions then please tell me how.

Both dailyreader and rachel are the type who complain if their icecream is cold.

They are too busy calling people names and bashing people because they don't agree with them instead of trying to come to a mutual agreement that benefits the whole.

If you don't have any solutions to the problem, then you are part of the problem in my opinion.

And both of them fit that category to the tee!
November 02, 2010 at 8:11am
rd77, I am really pleased to see you have progressed to the point where you can actually spell atheist correctly, maybe there is hope for you.
November 02, 2010 at 8:37am
Blue -I maybe many things, instigator, sarcastic and the list goes on but in no way extremist. Much like you, I assume, my political beliefs lie in the middle and do change as times and situations change- so please don't group me with tlerd77. I asked 77 to slow down on his rants about dailyreader and ,well, got my name on the list (i bet easier to get on than off). I have spoke of fools and the actions of fools but the only person I have ever called a fool is myself.

Also Blue I do believe there are more people in the middle, the problem is the extremes are the loudest. I would love to see a strong third, forth,... party.

Another problem is in good times we become complaisant in our selection and monitoring of our elected officials and they run amuck- both sides. By the time we wake up all four tires are flat.

And for the record: this fool loves cold ice cream.


[Delete]
November 02, 2010 at 9:40am
Blue do you now see what I mean about dailyreader and rachel?

They are two peas in a pod.

Sometimes, I wonder if they are the same person with a different log in.

And rachel just to quote your own words to me personally in a different article:

"And as much as you enjoy these conversations -ours is done--only a fool argues with fools!"

So once again you can lie and deny what you wrote, but it is there for everyone to see.

LOL dailyreader you take the cake with the spellcheck police role. But, I forgot you were perfect and never made a typing error.
November 02, 2010 at 3:34pm
If you could read, I never directly call you anything, implied at best. and to not read your comments would be like getting the sunday paper and not reading the funnies. At this point I would never call you a fool as to not insult all the fools of the world. I wish you could find something better to do than to argue with this fool.
[Delete]
November 02, 2010 at 4:01pm
Sorry to have posted and then have to leave for the day to work in the election process but such is required in order to insure our system works.
I've spent a great deal of time speaking with people across our state recently and find the frustration toward our government leaders at the highest levels we have seen in years. I will watch with interest tonight as the results come in to see which direction America has chosen to go this time. It seems we (the American majority) choose to go with the best deal on the table being offered by either of the two existing parties. The problem is in our ability to hold our elected officials accountable for the goods they have sold us. Our only option is to wait until the next election in order to "fire" them for not living up to the promises they made. Be they Democrat or Republican, it seems once elected they pursue a course destined to promote their own interest or political aspirations as opposed to the interest of the people who elected them.
There are exceptions and Cannon County happens to have two representatives currently whom I feel are exceptional for what they have done for our county. This is not to say they may have also done things that may or may not adversely affect us as Tennesseans. One would have to agree, however, that if our national government worked as well as our State government, then all of us would be much better off.
As we watch the results tonight we should keep in mind that this is the process in action. It is the people who are speaking through the ballot box. Whatever change is brought forth will be at the will of the people. Pres. Obama promised change and we're getting change. Americans reject this type of change and now we are bringing about more change to curtail the change already in process. How chaotic is that?!!
What our candidates don't understand after being elected is that we don't want change. We want progress. We want solutions. We want stability. We want jobs. We want a future. We want the freedom to achieve the promised life, liberty, and pursuit of happiness. What we don't need is more government intervention in our lives. Enough government! Government is not the solution. It IS the problem!
Americans will make an attempt to take back their country during this election. Unfortunately, they will hand it over to the same incompetence that will also stall out in bringing about the progress we have hoped for. Until we insist upon and obtain term limits eliminating the professional politician status of our congressmen, we are simply fooling ourselves in thinking we are sending someone to D.C. who will look after our interest. By the same token, it is ridiculous that members of the House of Representatives have to run for election every two years. As soon as they arrive in D.C. they begin their efforts to get re-elected to office. How much good can they do for their constituency when all they can do is campaign for re-election. Both houses of Congress should be elected to 4 year terms and both houses limited to a maximum of 3 terms. If, after 12 years in Washington an official cannot bring about that which they were elected to do, they should go home. This will hold our elected officials more accountable to the people. For those wanting solutions, these simple changes will bring about tremendous changes in our government. It has to start somewhere and a change in these two areas would be a great beginning. For those sensitive to the word "change", just use correction, adjustment, progress, etc. Anything that pushes us further from where we are and in a forward direction.
[Delete]
November 02, 2010 at 9:34pm
Well maybe now the republicans can fix everything. And if they don't who will they blame this time.
Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: