More demented conservative nonsense.Idiot faun....
You wrote: the cost of all the disasters you list combined don't equal the cost of Bush's Great Recession, on which is about a $19 trillion price tag.
What factors dummy created the "$19 trillion" if
A) A recession B) dot.com bust cost: $8 trillion...C) 9/11 costs: $2 trillion...D) Worst hurricane SEASONS...cost $1 trillion...
E) Lost real estate value cost $6 trillion... Add them all up : total $17 trillion...leaving $2 trillion...
So WHERE did you come up with BLAMING Bush for $19 Trillion?
Remember the housing bubble started under Clinton and was made worse by the Democrats who refused to as Dodd/Frank said:
Many prominent Democrats, including House Finance Chairman Barney Frank, opposed any legislation correcting the risks posed by GSEs.
* House Financial Services Committee Chairman Barney Frank (D-MA) criticized the President's warning saying:
"these two entities - Fannie Mae and Freddie Mac - are not facing any kind of financial crisis .
The more people exaggerate these problems,
the more pressure there is on these companies, the less we will see in terms of affordable
housing."...
(Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae,"
New York Times, 9/11/03)
* Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd also
ignored the President's warnings and called on him to "immediately reconsider his ill-advised"
position. Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze
Is Rejected, As Critics Complain Of Opportunism," New York Times, 8/11/07)
http://www.usnews.com/opinion/blogs/sam-dealey/2008/09/10/barney-franks-fannie-and-freddie-muddle
AND Frank admitted he was totally wrong.....2 years LATER!!!
And who admitted his ERROR??? Barney FRANK!
Barney Frank Comes Home to the Facts
By Larry Kudlow August 21, 2010
Can you teach an old dog new tricks? In politics, the answer is usually no. Most elected officials cling to their ideological biases, despite the real-world facts that disprove their theories time and again. Most have no common sense, and most never acknowledge that they were wrong.
But one huge exception to this rule is Democrat Barney Frank, chairman of the House Financial Services Committee.
For years, Frank was a staunch supporter of Fannie Mae and Freddie Mac, the giant government housing agencies that played such an enormous role in the financial meltdown that thrust the economy into the Great Recession.
But in a recent CNBC interview, Frank told me that he was ready to say goodbye to Fannie and Freddie.
"I hope by next year we'll have abolished Fannie and Freddie," he said. Remarkable. And he went on to say that "it was a great mistake to push lower-income people into housing they couldn't afford and couldn't really handle once they had it." He then added,
"I had been too sanguine about Fannie and Freddie."
Barney Frank admits truth about Fannie
SO again FAWN... I ask you how can you blame GWB for the housing bubble when the major defender Frank wants Fannie/Freddie abolished?
The problem started under Bush...