"The fundamental business of the country, that is the production and distribution of commodities, is on a sound and prosperous basis."
Herbert Hoover
Oct. 25, 1929
Shortly before Black Thursday
"The fundamentals of our economy are strong"
John McCain in Jacksonville Florida
September 17, 2008
Shortly after 3 of the top 5 investment banks in America collapsed, and on the heels of Fannie Mae and Freddie Mac socialization.
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