- Sep 19, 2011
- 28,407
- 9,984
- 900
Will someone explain WHY there has been NO stories, no coverage at all over the last 10 years as to what happened to the $8 trillion that was caused by the following:
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.
http://en.wikipedia.org/wiki/Dot-com_bubble
2) 9/11.. $2 trillion
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
And 4 of the TOP MOST EXPENSIVE
#1 Hurricane Katrina August 2005 Louisiana
The most destructive hurricane in US History caused an
estimated $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..
If the $267 billion per year from 2003-2008 had NOT been deducted against income, 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 no worst hurricanes seasons in history!
BUT NOT ONE WORD WRITTEN ABOUT THE $8 TRILLION IN LOSSES!
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.
http://en.wikipedia.org/wiki/Dot-com_bubble
2) 9/11.. $2 trillion
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
And 4 of the TOP MOST EXPENSIVE
#1 Hurricane Katrina August 2005 Louisiana
The most destructive hurricane in US History caused an
estimated $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..
If the $267 billion per year from 2003-2008 had NOT been deducted against income, 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 no worst hurricanes seasons in history!
BUT NOT ONE WORD WRITTEN ABOUT THE $8 TRILLION IN LOSSES!
