When the Wizard of Omaha called it a recession, does that make it official? Warren Buffett, perhaps the world's most prominent investor, had just said that United States is "already in a recession":
He said the United States was "already in recession" and added: "Perhaps not in the sense that economists would define it" with two consecutive quarters of negative growth.
"But the people are already feeling the effects," said Buffett, the world's richest man. "It will be deeper and last longer than many think."
What do you think? Are we in a recession yet?
http://www.netcastdaily.com/broadcast/fsn2008-0105-3b.mp3
http://www.netcastdaily.com/broadcast/fsn2008-0119-3a.mp3
You'll be in my thoughts.
"It isn't the Democrats who started a war of agression based on lies to protect oil interests."
Ahhh! One of the great leftist memes, regurgitated once again.
The war just to "protect oil interests" - how much a barrel now?
Do ya think there may have been another motive? Anyone? Beuller? Anyone?