• Home page of novelist William S. Frankl, M.D.
  • About author William S. Frankl, M.D.
  • Books by novelist William S. Frankl, M.D.
  • Reviews of the writing of author William S. Frankl, M.D.
  • Blog of author William (Bill) S. Frankl, M.D.
  • Contact author William S. Frankl, M.D.
Title: Blog by Novelist William S. Frankl, MD

An Important History Lesson

My good friend, Steve Dubel reminded me to pass on this bit of recent history. This is an important political record, especially as the presidential sweepstakes heat up. Do you remember January 3, 2007?

The day the Democrats took over Congress was not January  22nd 2009.
It was actually January 3rd 2007, the day the Democrats
took over the House of Representatives and the Senate, at the very
start of the 110th Congress.

The Democratic 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, the day the Democrats took
over the Senate and the Congress: 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

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.The economic meltdown that happened
15 months later was in what part of the economy?BANKING AND FINANCIAL
SERVICES!THANK YOU DEMOCRATS (especially Barney ) for taking us from
13,000 DOW, 3.5 GDP and 4.6% Unemployment…to this CRISIS by (among
MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the
economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie -starting in 2001 because
it was financially risky for the US economy. Barney blocked it and
called it a “Chicken Little Philosophy” (and the sky did fall!)
And who took the THIRD highest pay-off from
Fannie Mae AND Freddie Mac? OBAMA!
And who fought against reform of Fannie and Freddie?
OBAMA and the Democrat Congress, especially BARNEY!!!!

So when someone tries to blame Bush…
DEMOCRATS TOOK OVER! Bush may have been in the car but the Democrats
were in charge of the gas pedal and steering wheel they were driving
the economy into the ditch. Budgets do not come from the White House.. They
come from Congress and the party that controlled Congress since
January 2007 is the Democratic Party.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

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. Let’s remember what the deficits looked like during
that period:  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.”

There is no way this will be widely publicized, unless everyone who reads it personally sends it on to others, since the mainstream media will not run this story!

“The problems we face today exist because the
people who work for a living are outnumbered by those who vote for a

Leave a Reply

William S. Frankl, MD, All Rights Reserved