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Strategies & Market Trends : Mafia Stock Mobsta's Social Club (Bulls Board)
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From: jmhollen10/14/2010 10:40:19 AM
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O/T: From the retired President of the State Banking System of Ohio. This is a great lesson to absorb and understand as we enter the fall elections.

The Washington Post babbled again today about Obama inheriting a huge deficit from Bush. Amazingly enough,..... a lot of people swallow this nonsense. So once more, a short civics lesson.

Budgets do not come from the White House.. They come from Congress, and the party that controlled Congress since January 2007 is the Democrat Party. They controlled the budget process for FY 2008 and FY 2009, as well as FY 2010 and FY 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.
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