Tuesday, May 20, 2008

Buffett: Economy in a recession, will be worse than feared - USATODAY.com

Buffet was quoted in the NYTimes this morning stating the economy is between one quarter and three quarters of the way down. Apparently he believes it has a long way to go down. Of course we are being told by the white house it was just a blip and every thing is now on the way back up! And could this have some thing to do with the up coming election? And would the leaders lie to us for their own skins and profit? Also we will be out of Iraq in 2013 was the other profound statement so far this week.
http://www.usatoday.com/money/economy/2008-04-28-buffett-recession_N.htm

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