- Sep 19, 2011
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After posting this many times... NOT ONE of you have especially the Bush Bashers... HAVE REFUTED these FACTS!
Why not? I thought Bush was an idiot! I thought ALL Obama's problems caused by Dumbya!
WHY then if all these events occurred are you especially Conservatives still Bashing Bush as a "drunken sailor"?
I'd frankly expect the idiot Bush Bashers to NOT want to remember these events but you conservatives...
PLEASE ONCE and for all, comprehend the enormity of the below events!
Space limits me to explain the three components of the 2003 Medicare Modernization Act that ACTUALLY has been REDUCING the percent of growth in Medicare! Yet idiots and conservatives alike the only thing you know is the Drug component!
I can tell you if it weren't for the 2003 Modernization Act,
I personally would have had since I started on Medicare had to pay over $6,000 more for Medicare!
TELL me these events DIDN"T OCCUR?? Remember I'm not making this up! Check the sources!!!
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!
Of the top 36 hurricanes since 1926--- 13 occurred from 2001 to 2008! 13 hurricanes..
Of the total of $316 billion in damages these 13 cost 58% of that or $156 billion.
# 1Katrina (LA/MS/AL/SE FL) 2005 3 $81,000,000,000
# 3 through 7 hurricanes occurred from 2001 to 2008!
Costliest U.S. Hurricanes | Weather Underground
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 reduced tax revenue due to the above losses !
FACT! The HIGHEST gross REVENUE to the Federal Government in HISTORY..
2007 2,567,985,000 Revenues ; Expenses:$2,728,686,000 -160,701 deficit decline
Historical Tables | The White House
Gross Domestic Product Largest in history!!
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.
Bush growth of the GDP was greater then Clinton in 2005 GDP grew at 6.5% Clinton's best:6.4%
Measuring Worth - Measures of worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage
NOW would any of you ..... Please refute THESE FACTS!!! Please tell me NONE of this occurred!
Why not? I thought Bush was an idiot! I thought ALL Obama's problems caused by Dumbya!
WHY then if all these events occurred are you especially Conservatives still Bashing Bush as a "drunken sailor"?
I'd frankly expect the idiot Bush Bashers to NOT want to remember these events but you conservatives...
PLEASE ONCE and for all, comprehend the enormity of the below events!
Space limits me to explain the three components of the 2003 Medicare Modernization Act that ACTUALLY has been REDUCING the percent of growth in Medicare! Yet idiots and conservatives alike the only thing you know is the Drug component!
I can tell you if it weren't for the 2003 Modernization Act,
I personally would have had since I started on Medicare had to pay over $6,000 more for Medicare!
TELL me these events DIDN"T OCCUR?? Remember I'm not making this up! Check the sources!!!
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!
Of the top 36 hurricanes since 1926--- 13 occurred from 2001 to 2008! 13 hurricanes..
Of the total of $316 billion in damages these 13 cost 58% of that or $156 billion.
# 1Katrina (LA/MS/AL/SE FL) 2005 3 $81,000,000,000
# 3 through 7 hurricanes occurred from 2001 to 2008!
Costliest U.S. Hurricanes | Weather Underground
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 reduced tax revenue due to the above losses !
FACT! The HIGHEST gross REVENUE to the Federal Government in HISTORY..
2007 2,567,985,000 Revenues ; Expenses:$2,728,686,000 -160,701 deficit decline
Historical Tables | The White House
- Year Receipts Outlays Surplus or Deficit ()
- 2000 2,025,191 1,788,950 236,241
- 2001 1,991,082 1,862,846 128,236 Dot.com Bust, 9/11, Recession
- 2002 1,853,136 2,010,894 -157,758
- 2003 1,782,314 2,159,899 -377,585 tax cuts took affect worst hurricanes SEASONS in history
- 2004 1,880,114 2,292,841 -412,727 biggest deficit..,, worst hurricanes SEASONS in history
- 2005 2,153,611 2,471,957 -318,346 deficit decline,,worst hurricanes SEASONS in history
- 2006 2,406,869 2,655,050 -248,181 deficit decline,,worst hurricanes SEASONS in history
- 2007 2,567,985 2,728,686 -160,701 deficit decline
- 2008 2,523,991 2,982,544 -458,553 housing bubble
Gross Domestic Product Largest in history!!
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.
Bush growth of the GDP was greater then Clinton in 2005 GDP grew at 6.5% Clinton's best:6.4%
Measuring Worth - Measures of worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage
NOW would any of you ..... Please refute THESE FACTS!!! Please tell me NONE of this occurred!
Seek help. I know, let's give every prisoner found on a battle field, every Illegal combatant, and Terrorist's engaged in acts of War against the US, a Public Trial at our expense, and let's put it on TV to make them more famous. That won't feed the numbers of Terrorist wanna be's at all. 
