Am I the ONLY one that knows about the $8 trillion in losses?

Discussion in 'Politics' started by healthmyths, Nov 14, 2011.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    I've written at least 3 threads with the topic of the $8 trillion in losses occurred because of:

    1) The Stock Market Crash of 2000-2002 caused the loss of $5 trillion
    in the market value of companies from March 2000 to October 2002. Dot-com bubble - Wikipedia, the free encyclopedia

    2) Counting the value of lives lost as well as property damage and lost
    production of goods and services, losses already exceed $100 billion.
    Including the loss in stock market wealth ,the market's own estimate
    arising from expectations of lower corporate profits and higher
    discount rates for economic volatility --
    the price tag approaches $2 trillion.
    The Cost of September 11

    3) FACT: Worst hurricane SEASONS in history wiped out $1 Trillion
    Did you know the WORST HURRICANE SEASONS..PLURAL..SEASONS IN HISTORY occurred And 4 of the TOP MOST EXPENSIVE ($240 Billion ) hurricanes???
    #1 Hurricane Katrina August 2005 Louisiana, the most destructive
    hurricane in US History caused $200 billion in damage.
    #3 Hurricane Charley August 13 - 14, 2004 Florida causing $15 billion
    #4 Hurricane Ivan September 16 - 24, 2004 $14.2 billion in damage
    #8 Hurricane Frances September 5, 2004 Florida caused $8.9 billion
    http://www.epicdisasters.com/index.php/site/comments/the_ten_costliest_us_hurricanes/

    Total of over $8 trillion in losses ALL written against taxes because of Dot.com/9/11 and worst hurricane SEASONS!

    FACT BY NOT having the $8 trillion in losses.. $267 billion per year from 2003-2008 would NOT be deducted!

    A total of $2,500 Trillion in REVENUE that would have been collected
    if there had been no Dot.com bust, no 9/11 and worst hurricanes seasons
    in history.
     
  2. uscitizen
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    uscitizen Senior Member

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    Yes you are the only Bush supporter who knows.
     
  3. Inthemiddle
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    Inthemiddle BANNED

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    The dot.com bubble was worth $5 trillion, but the "value of [roughtly 3000] lives lost" on 9-11 is less than $2 trillion? Okay, everything else you posted just lost credibility there.
     
  4. skookerasbil
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    skookerasbil Gold Member

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    thread makes no sense
     
  5. uscitizen
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    uscitizen Senior Member

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    why he is the only one who "knows". ;)
     
  6. Euro
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    Euro Senior Member

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    In the CBS debate Rick Perry was into something: Aid for Israel starts at 0.
    I once read that the support for Israel costs 275.000 american jobs a year. Or since 1973 2 trillion dollars.

    China and Russia are smarter and both have growing economies, they trade with Iran which are rich on oil and gas. Israel is just a dry dessert with few resources. So start trade with Iran and be friends with them and take the nuclear away from Israel. If Israel looses their nuclear, Iran will not have any interest of making nuclear weapons. I don’t think it’s a good idea to provide Israel with nuclear, thats why Iran wants to make a nuclear bomb because of the threat Israel causes.

    The problems is that US trades with the wrong nations. Trading with Israel only gives deficits, with Iran large surplus and energy.
    Here you can see the trade balance by country, US should trade with Iran that will supply them with oil, which will give the consumers lower gas prices and cut all aid to Israel. That will be a real boost for the economy.
    The candidate that understand this is Ron Paul, he could really boost the economy.
    US is ranked bottom on trade balance, China and Russia are top ranked and trades with the right nations.
    List of sovereign states by current account balance - Wikipedia, the free encyclopedia
     
    Last edited: Nov 14, 2011
  7. healthmyths
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    healthmyths Gold Member Supporting Member

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    Obviously the IRS Net Operating Loss goes WAY over your head!
    according to the IRS definition of Net Operating Loss NOL..
    Eligible losses, farming losses, qualified disaster losses, and specified liability losses, defined next, qualify for longer carryback periods.
    Publication 536 (2010), Net Operating Losses (NOLs) for Individuals, Estates, and Trusts

    Do you understand what this means????
    Each year after 2001 for the next 30 years the tax payers that incurred these losses deducted and will deduct $200 billion from their TAX BILL!

    NOW DUH... this means LESS tax revenue!

    IF NONE of those REAL events REALITY had occurred, the Bush administration would have shown a Net surplus of $789.5 billion!

    But of course YOU don't deal in the FACTS so here get the FACTS...
    Subtract:
    1) homeland security,
    2) loans for hurricanes,
    3) loans for 9/11
    4) $200 billion a year in tax write off against tax owed

    There would have been almost a Trillion in surplus
     
  8. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Total Derivatives Debt: 1.5 Quadrillion. That's 1,500 Trillion that the Banksters are trying to hang on us.
     
  9. bitterlyclingin
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    bitterlyclingin Silver Member

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    The Germans had it down to a science. Each person was figured in at a little less than three Deutschmarks. Two trillion seems about right. Not everyone worked at Cantor Fitzgerald.
     

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