The Last Two Years

October 19, 2008 - By Randall Hoven (American Thinker)

The Obama/Biden ticket's entire campaign theme is based on "the last eight years." Maybe we should really look at "the last two years," or the time period when both the House and the Senate were run by Democrats.

In December 2006, after six years of Bush and the last month before the Democrats took over both houses of the national legislature, a snapshot of our economy looked like this...
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Some key points in this article:

• Both the House and the Senate were run by Democrats. Welcome Harry Reid and Nancy Pelosi!
• Democratic Congress did a great job, if what you're looking for in a Congress is continual investigation of Republicans.
• What Barney Frank said: These two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis.
  
• New York Times, 2003: Bush administration is rightly pushing for the Treasury Department to regulate the two giants Freddie Mac & Fannie Mae
• John McCain said, Senate floor: If Congress does not act, Amer taxpayers will be exposed to enormous risk that Fannie Mae & Freddie Mac pose...
• Democrats dead wrong on surge in Iraq & the failure of Fannie Mae & Freddie Mac.
• Who tried to strengthen the oversight and regulation of Fannie Mae and Freddie Mac? George W. Bush and John McCain.