Warren Buffet today: "By any common sense definition, we are IN a recession."

Well I guess it’s offical now?

We all knew this… I just find it fascinating that it’s even being debated at this point. Goes to show you the lengths that officals will go to prop up a dead horse so “the kids can see the pony”

Looks like feds will cut rates again in couple of weeks. Refinancing is becoming very appealing right now… He also states we are about or in recession right now

http://news.yahoo.com/s/ap/20080304/ap_on_go_ot/bernanke_mortgage_crisis