Once and for All TELL ME the following world changing events DIDN'T Occur!

healthmyths

Platinum Member
Sep 19, 2011
29,099
10,589
900
Why the f...k can't you guys be at least honest if you can't be smart?
THESE events cost $8 trillion.
Almost 1 million jobs!
And reduced Federal/state/local tax collections from income, assets and property taxes nearly $150 billion a year!
But Bush bashing idiots have NO concept of how all these pieces were affected!

SO another crash course in WHAT HAPPENED from 2000 to 2008!!!

GWB will be considered by historians as one of the greatest Presidents who in spite of the following huge gigantic cataclysmic events larger and greater in number then ANY president had to face!

NO president had ever faced the following:

1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $66 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $33 billion will NOT BE PAiD.. was that Bush's fault?
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!
Year 2001: September 11 Terrorist Attacks
The 9/11 terrorist attacks were the events that helped shape other financial events of the decade. After that terrible day in September 2001, our economic climate was never to be the same again. It was only the third time in history that the New York Stock Exchange was shut down for a period of time. In this case, it was closed from September 10 - 17. Besides the tragic human loss of that day, the economic loss cannot even be estimated. Some estimate that there was over $60 billion in insurance losses alone.
Approximately 18,000 small businesses were either displaced or destroyed in Lower Manhattan after the Twin Towers fell. There was a buildup in homeland security on all levels. 9/11 caused a catastrophic financial loss for the U.S.
The Top 10 Financial Events of the Decade

3) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history!
The worst Katrina made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages. Andrew slammed into South Florida in 1992 as a Category 5. It caused 40 deaths and $30 billion in property damage. More than 250,000 people were left homeless and 82,000 businesses were destroyed or damaged.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.

Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed. Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing. The effect on oil and gasoline prices was long-lasting.

400,000 jobs due to Hurricanes Katrina/Rita
145,000 jobs in NYC alone due to 9/11
300,000 jobs lost due to dot.com busts.

Almost 1 million jobs alone from those 3 events

4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008!!!
Evidently the MAJORITY IF IDIOTS like YOU ,NEVER knew how close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred-- lead in part by George Soros!!!

On Thursday (Sept 18), at 11am the Federal Reserve noticed a tremendous draw-down of money market accounts in the U.S., to the tune of $550 billion was being drawn out in the matter of an hour or two. The Treasury ...estimation is that by 2pm that afternoon, $5.5 trillion would have been drawn out of the money market system of the U.S., would have collapsed the entire economy of the U.S., and within 24 hours the world economy would have collapsed. It would have been the end of our economic system and our political system as we know it.
Zero Hedge: How The World Almost Came To An End At 2PM On September 18

Again all this happened and at the same time the MSM was bashing Bush DAILY!

Well, our job is to bash the president, that's what we do." --
Evan Thomas responding to a question on whether the media's unfair to Bush on the TV talk show Inside Washington,
February 2, 2007.Newsweek's Evan Thomas: 'Our Job Is To Bash the President' | NewsBusters

So once again PLEASE REFUTE that these events Occurred! Show me where NONE of those financial losses didn't occur!
Tell me nearly 1 million jobs were lost due to those first 3 events!
Tell me the dot.com bubble started in Clinton era DIDN"T BUST starting at the end of 2000 and the $5 trillion in market losses AREN'T being written off today!
Hell... Obama takes $100,000 a year in capital losses reducing his tax payments to the lowest of any president at 26%!

TELL ME those events DIDN"T happen!!! I want to wake up from the nightmare then!!!
 
It is very very revealing that the majority of Bush bashers are staying away from refuting these events occurred!
It is even more revealing THESE Bush Bashers will most likely bash the messenger BUT still will not be able to refute these facts:
$ 8 trillion in losses due to dot.com/911/hurricanes..
Nearly a million jobs destroyed,lost because of he above..
YET in spite of this:

At the beginning of Bush years... he started with 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or 5,000,000 more then when he took office!

When Bush took office in 2001 GDP was $12.355,271,000,000
when Bush left office in 2008 GDP was $14,359,490,000,000
A 16% increase in GDP or $2 TRILLION !

These are the FACT folks and I"M STILL WAITING!!!
 
So, basically what you are saying is the dot com bust plus 9/11 plus Katrina, combined, were not nearly as large as the global derivatives bust a few years later.

Nowhere near as many people thrown out of work. Nowhere near as much wealth destroyed. Nowhere near as large a global effect.

Okay. I agree! And I didn't have to use Shaman-esque coloring and font explosions to do it.
 
Acompetent president would have stopped 9/11.

Voodoo tax rates (see sg pp3) ruined our infrastructure, including New Orleans levees.

The dot com bust mainly hurt investors with money to blow.

The 2 stupidest wars ever and the deregulation, cronyism, and corruption Bush World Financial Meltdown- worst president ever...
 
Acompetent president would have stopped 9/11.

Voodoo tax rates (see sg pp3) ruined our infrastructure, including New Orleans levees.

The dot com bust mainly hurt investors with money to blow.

The 2 stupidest wars ever and the deregulation, cronyism, and corruption Bush World Financial Meltdown- worst president ever...

But you don't seem to comprehend that the DOT com cost hundreds of thousands of JOBS.. and you really don't know anything obviously!
These investor that lost LIKE OBAMA did in his taxes write off those losses against their tax liabilities thus reducing the amount of federal revenue you dumb..F..K!
1) Dot.com bust cost $5 trillion in lost market value.. this means every year for 30 years now starting in 2000 the federal revenue is over $66 billion written off against taxes owed.
How many people LOST jobs due to the bust??
According to the Los Angeles Times, when the dot-com bubble burst, it wiped out $5 trillion dollars in market value for tech companies. More than half of the Internet companies created since 1995 were gone by 2004 - and hundreds of thousands of skilled technology workers were out of jobs.
The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs

As for 9/11 you again have no idea about the Gorelick Memo do you?
Written to protect Clinton from impeachment in taking Chinese donations in exchange for missile secrets the MEMO proven by the 9/11 commission prevented
the CIA from telling the FBI about the 9/11 bombers in the USA!

And you NEVER did address the fact 9/11 cost
Jobs lost in New York owing to the attacks: 146,100 JUST in New York!!

Plus again businesses people like Obama write off those $2 trillion in losses against their tax payments as Obama did!
That and dot.com $5 trillion losses are written off against tax payments you dummy!

Finally not one mention of the worst HURRICANE SEASONS NOT one hurricane but dozens that cost $1 trillion in losses and 400,000 jobs!
Again losses of $1 trillion written off against tax payments reduced Federal revenue.
But being the dumb f...k you have no idea what that means!

YOU again didn't refute these events occurred.
YOU stupidly don't understand they cost tax revenues to Federal/States/Locals as well as almost a 1 million jobs!
All events you still don't seem to comprehend had NOTHING to do with Bush!

Obviously someone as ignorant as you will NEVER comprehend the enormity of events and what it took to keep Americans going!
Suffice to say experts like me and historians know the truth and it will continue to come out !
 

Forum List

Back
Top