Quote:
Originally Posted by Vendzilla
Please re read what you posted, you just confirmed what I said
The democrats took office in Jan 2007, they took over the house and the senate in 2007
http://en.wikipedia.org/wiki/110th_U...tates_Congress
So YOU are wrong!
Democrats controlled the house and senate as of Jan 3rd 2007
And the recession was official on Sept 15, 2008
The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 9, 2007, when BNP Paribas terminated withdrawals from three hedge funds citing "a complete evaporation of liquidity"
So again, you are wrong
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I am not wrong at all. I said "this was years in the making". This started with the financial crisis of 2007 / 2008, and was in the making for years. If the Democrats took office in 2007, and if this was "years in the making" that means the policies were in place 2005 / 2006. And this was when the Republicans were in office, including the White House, the house, and the senate.
Please don't quote websites you don't understand.