Thank You GOP!

[Joanne98]

While George Bush and John McCain were running around the country in 2008 telling us how great things were going and that the American economy was strong as ever the truth was things were really, really bad. How bad? Numbers not seen since the Great Depression bad. The feds just reported this morning that the economy shrank at 6.2% in the fourth quarter of 2008. With that report, the U.S. economy shrank a total of -3% for the year 2008. Two year average rate of growth ('07-'08) was an anemic 0.8%. Pretty much no growth in the economy for two solid years! The FDIC also released a report outlining there were 252 "problem banks" in the fourth quarter of 2008. Not mentioned in the FDIC report is the fact that 24 banks collapsed in 2008, the most one year collapse since the 1930s. Thank you GOP!

http://www.thefoldblog.com/2009/02/thank-you-gop.html

[ixion]

1. When they stopped publishing the M3, Mogumbo Guru sounded the alarm

in no uncertain terms.

No one listened.

[TheDebbieDee]

2. M3? Was that the currency supply report that published

quarterly or annually?

I think * stopped publishing this report to hide the fact that he had the US Mint printing money that was not authorized.