3 January 2007:
a. Democrats take over the Senate and the House
a. Chris Dodd, Barak Obama and John Kerry top the list (#s 1, 2 and 3) of political contributions received from Freddie Mac and Fannie Mae
b. Barney Frank takes over the House Financial Services Committee
c. Chris Dodd takes over the Senate Banking Committee
b. DOW Jones closed at 12,621.77
c. GDP growth rate for 2006-2007 was 3.5%
d. Unemployment rate was 4.6%
e. There had been a record of 52 consecutive months of private sector job creation
f. Total number of federal government workers: 4,127,000
g. National debt clock reading: $8,678,229,324,205.41 (that’s trillions!)
January 2007 – Present:
a. Democrats pass multiple multiple-thousand page bills to “improve” the economy and “help” the citizens
a. Financial Services and Banking sectors of US economy collapse
b. Dow Jones drops 3,000 points
c. GDP growth rate for 2007 – 2009 is minus .35%
d. Unemployment is 10%
e. There has been one stretch of six consecutive months of private sector job creation, with a net loss of 7.9 million private sector job losses.
f. Total number of federal government workers: 4,350,000
g. National debt clock reading: $13,319,830,936,991.03 (that’s trillions!)
Data sources: http://www.bls.gov/data/#employment, http://www.treasurydirect.gov/NP/NPGateway
"It's not that liberals aren't smart, it's just that so much of what they know isn't so" -Ronald Reagan
Short of 9/17/1862, 7/3 of 1863, 12/07/1941, 06/06/1944, and 09/11/2001, there sure are not many days as infamous as 01/03/2007. 01/20/2009 was also pretty bad.
ReplyDeleteI read some where Sual Alinsky had some meetings at his grandmothers house.. After one meeting the Old Lady was reported as saying..
ReplyDeleteYour friends, they talk so smart, it's a shame they are so stupid.