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But what would Obama have done if...W left office with a total of negative 636,000 jobs and we were losing over 1/2 a million a month. Thanks W!
The following (4) Four..CATACLYSMIC world shaking events have never EVER occurred in any other presidency!
Sure we've had economic collapses. Sure we had attacks. Sure we've hurricanes.
BUT NONE of them were equal to the following events and NONE of them occurred in the two terms of any president.
For that reason historians with the perspective of time are going to rate Bush as a GREAT President!
DID THIS HAPPEN??
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 $20 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
DID THIS HAPPEN??
2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $8 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
DID THIS HAPPEN??
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
All of this while having almost $60 billion a year in tax revenue due to the above losses !
DID THIS HAPPEN??
4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008.
How close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred..
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
Oh and did I mention along the way when "Mission Accomplished" occurred after less then six weeks of combat in May 2003.. 10 years ago..that over 1 million Iraq people were
saved from starving? 50,000 people a year were starving under Saddam and when he was removed, (by the way at the request of Kerry,Pelosi, and 90% of the 28 million Iraqis) the
UN mandated embargo was removed.
Researcher Richard Garfield estimated that "a minimum of 100,000 and a more likely estimate of 227,000 excess deaths among young children from August 1991 through March 1998" from all causes including sanctions. Human rights in Saddam Hussein's Iraq - Wikipedia, the free encyclopedia
Again all this happened and at the same time the MSM was bashing the President 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
How can one ignore the FACT that $8 trillion in losses are being written off against tax payments?
How can one ignore that near 1 million jobs were lost DUE to those events?
How can one ignore THAT the results of these events have never been widely share because the biased MSM totally bashes Bush FACTS?
-------------------
When Bush started 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or
5,000,000 more employed 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.
ALL of the above GAINS in GDP and people employed IN SPITE of the 4 major world changing events AND the BASHING by the BIASED MSM!
In light of the below, would you not agree with the following statement:
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 what you're saying is most unemployment/employment rates occur beyond the control of any president.
So stop blaming Obama.
lol
But what would Obama have done if...W left office with a total of negative 636,000 jobs and we were losing over 1/2 a million a month. Thanks W!
The following (4) Four..CATACLYSMIC world shaking events have never EVER occurred in any other presidency!
Sure we've had economic collapses. Sure we had attacks. Sure we've hurricanes.
BUT NONE of them were equal to the following events and NONE of them occurred in the two terms of any president.
For that reason historians with the perspective of time are going to rate Bush as a GREAT President!
DID THIS HAPPEN??
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 $20 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
DID THIS HAPPEN??
2) Did YOU forget that 9/11 occurred and it cost $2 trillion over the next 30 years again $8 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
DID THIS HAPPEN??
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
All of this while having almost $60 billion a year in tax revenue due to the above losses !
DID THIS HAPPEN??
4) Economic terrorist attack 9/18/2008 or how the world almost came to the end at 2pm on 9/18/2008.
How close to entire collapse the ENTIRE world's economy was on 9/18/2008 when an economic terrorist attack occurred..
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
Oh and did I mention along the way when "Mission Accomplished" occurred after less then six weeks of combat in May 2003.. 10 years ago..that over 1 million Iraq people were
saved from starving? 50,000 people a year were starving under Saddam and when he was removed, (by the way at the request of Kerry,Pelosi, and 90% of the 28 million Iraqis) the
UN mandated embargo was removed.
Researcher Richard Garfield estimated that "a minimum of 100,000 and a more likely estimate of 227,000 excess deaths among young children from August 1991 through March 1998" from all causes including sanctions. Human rights in Saddam Hussein's Iraq - Wikipedia, the free encyclopedia
Again all this happened and at the same time the MSM was bashing the President 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
How can one ignore the FACT that $8 trillion in losses are being written off against tax payments?
How can one ignore that near 1 million jobs were lost DUE to those events?
How can one ignore THAT the results of these events have never been widely share because the biased MSM totally bashes Bush FACTS?
-------------------
When Bush started 131,785,000 people employed.
At the end of 2008 136,790,000 people employed or
5,000,000 more employed 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.
ALL of the above GAINS in GDP and people employed IN SPITE of the 4 major world changing events AND the BASHING by the BIASED MSM!
In light of the below, would you not agree with the following statement:
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 what you're saying is most unemployment/employment rates occur beyond the control of any president.
So stop blaming Obama.
lol
Which US President had the most months of below 6% unemployment?
Also, 6 months of the December 2007 to July 2009 recession fall under Obama's watch which means Bush's fall in the U6 is actually about equal to Reagan's in 1981-1982.
Except the alternative measures under Reagan were completely different. The U6 under Reagan was unemployed looking for full-time work plus 1/2 of the Unemployed looking for part time work plus 1/2 of those working part-time for economic reasons as a percent of the Labor Force minus 1/2 the part time labor force.
The U6 since 1994 is Unemployed plus marginally attached plus part-time for economic reasons as a percent of the Labor Force plus marginally attached.
W left office with a total of negative 636,000 jobs and we were losing over 1/2 a million a month. Thanks W!
But that was just the last few months, for the most part, on average, workers had it better under Bush, month after month, than most other Presidents.
Obama would have not invaded a country that had nothing to do with the 9/11/01 Terrorist Attacks wasting hundreds of billions of dollars and costing thousands of lives in the process.
That's pretty much a given.
Had Obama lost in 08, we'd still be there.
As for the economic collapse, Bush's administration had a large hand in that through refusing to regulate the banking industry so no points there.
Obama would have not invaded a country that had nothing to do with the 9/11/01 Terrorist Attacks wasting hundreds of billions of dollars and costing thousands of lives in the process.
That's pretty much a given.
Had Obama lost in 08, we'd still be there.
As for the economic collapse, Bush's administration had a large hand in that through refusing to regulate the banking industry so no points there.
You are right! Obama would NOT have authorized EVEN though Congress passed legislation based on the broken 1991 Cease Fire that your friend Saddam did after signing the 1991 Cease fire!
You are right that Obama would have continued the sanctions that were starving 50,000 Iraqis a year because Obama couldn't say no to Saddam who would be laughing all the time at the bowing and scraping forgiveness Obama!
You are right! Obama would have blamed Americans for being such supporters of Israel and blame Israel for firing back in response to the 1,000s of missiles fired on them!
You are right! Obama wouldn't care that the people of Mesopotamia.. legendary Biblical Garden of Eden was being destroyed ecologically by Saddam in retribution for the 500,000
people that opposed him!
You are right! Obama would blame our military .. after all as a Senator he said that our military methodically and systematically were "air-raiding villages and killing civilians" ALL THE TIME!!
You are right. Obama has NO respect for keeping agreements or promises! SO Yes... 50,000 people a year would starve!
You are right. Obama would be just as you are, "OK" with Saddam's sons Uday and Qusay Hussein used electric drills on people while cutting out their tongues?
The inhumane reign of Saddam Hussein: Pt. 5 - The London Times + (UK free press)
You are right! Obama would have done NOTHING to help starving people, 28 million people have free elections.. (Obama admired Saddam for getting 100% of the votes)!
\\Pap Bush was by far the most effective, most strategic-thinking president after IKE.
Plus he had actually worked with some real conservatives.
And as quick as he took the oath he began to undo voodoo economic policy.
For which NeoCon scum bailed on him when Perot surfaced.
No recent president is in the same world.
Obama would have not invaded a country that had nothing to do with the 9/11/01 Terrorist Attacks wasting hundreds of billions of dollars and costing thousands of lives in the process.
That's pretty much a given.
Had Obama lost in 08, we'd still be there.
As for the economic collapse, Bush's administration had a large hand in that through refusing to regulate the banking industry so no points there.
You are right! Obama would NOT have authorized EVEN though Congress passed legislation based on the broken 1991 Cease Fire that your friend Saddam did after signing the 1991 Cease fire!
You are right that Obama would have continued the sanctions that were starving 50,000 Iraqis a year because Obama couldn't say no to Saddam who would be laughing all the time at the bowing and scraping forgiveness Obama!
You are right! Obama would have blamed Americans for being such supporters of Israel and blame Israel for firing back in response to the 1,000s of missiles fired on them!
You are right! Obama wouldn't care that the people of Mesopotamia.. legendary Biblical Garden of Eden was being destroyed ecologically by Saddam in retribution for the 500,000
people that opposed him!
You are right! Obama would blame our military .. after all as a Senator he said that our military methodically and systematically were "air-raiding villages and killing civilians" ALL THE TIME!!
You are right. Obama has NO respect for keeping agreements or promises! SO Yes... 50,000 people a year would starve!
You are right. Obama would be just as you are, "OK" with Saddam's sons Uday and Qusay Hussein used electric drills on people while cutting out their tongues?
The inhumane reign of Saddam Hussein: Pt. 5 - The London Times + (UK free press)
You are right! Obama would have done NOTHING to help starving people, 28 million people have free elections.. (Obama admired Saddam for getting 100% of the votes)!
I see that the conservative syndrome of hearing what you want to hear continues unabated.
You must have been pissed that Reagan didn't invade Russia, can you answer that truthfully? Russia didn't have free elections and starving people. So by your logic, we should have invaded Russia back in the 1980's right?
Yes or no.
I own you. The way I know it is because you can't answer, honestly. It's okay, you're a conservative and honesty isn't your strong suit.
W and the GOP created it, by letting their big banker cronies run wild.
That is absolutely not true. Had Barnie Frank listened to Bush and reigned in Freddie and Fannie we may have avoided or pushed back this crisis. Anyway, all of Congress, especially Democrats, love the big bankers with their big donations. Just ask Obama.
The democrat party gained the majority in Congress in the 2nd half of Bush's 2nd term. That means that the chairmanships of all the critical committees are now the responsibility of the democrat party. Fannie Mae was the responsibility of the House Banking Committee chaired by Barney Frank. The last thing Americans heard from chairman Frank was that "Fannie was solvent" just before the election. It turns out that Fannie wasn't solvent and maybe, just maybe, chairman Frank nudged Fannie over the edge just before the election as the biggest October surprise in history. Nobody in the media was curious enough to ask Frank the important questions and he went on to fame and fortune and marriage to some guy and retired without ever being called before a congressional committee. The collapse of Fannie was never investigated by the democrat controlled congress. Things like that happen when democrats are in charge. .
Which U.S. President had the most months of below 6% unemployment?
ANSWER: George W. Bush - During the 96 months that George Bush was president, 83 of those months saw the country experience unemployment that was below 6%. No other President in U.S. history has a higher total! In second and third place are Eisenhower with 79 and Clinton with 76.
That is absolutely not true. Had Barnie Frank listened to Bush and reigned in Freddie and Fannie we may have avoided or pushed back this crisis. Anyway, all of Congress, especially Democrats, love the big bankers with their big donations. Just ask Obama.
The democrat party gained the majority in Congress in the 2nd half of Bush's 2nd term. That means that the chairmanships of all the critical committees are now the responsibility of the democrat party. Fannie Mae was the responsibility of the House Banking Committee chaired by Barney Frank. The last thing Americans heard from chairman Frank was that "Fannie was solvent" just before the election. It turns out that Fannie wasn't solvent and maybe, just maybe, chairman Frank nudged Fannie over the edge just before the election as the biggest October surprise in history. Nobody in the media was curious enough to ask Frank the important questions and he went on to fame and fortune and marriage to some guy and retired without ever being called before a congressional committee. The collapse of Fannie was never investigated by the democrat controlled congress. Things like that happen when democrats are in charge. .
The whole "It's all Frank's fault!" is downright laughable and one of the biggest jokes of an excuse from those on the far right.
W and the GOP implemented their "less regulation!" policies on the big bankers, allowing them to run wild giving out predatory loans.
The same thing happened with big oil when W and the GOP approved the deep sea drilling that caused the Gulf oil spill disaster.
Do you really believe Bush wanted the Gulf oil disaster?
Do you really believe Bush wanted the Gulf oil disaster?
Drunk drivers don't "want" to hurt anyone, do they?
