MoneyWatch: Warren Buffet says the U.S. is in a recession

Billionaire investment guru Warren Buffet says the US is in a recession. Oil prices are at an all time high, manufacturing is weak, the dollar continues to weaken, construction spending is in the biggest slump in 14 yrs, and GM, Ford, and Toyota all reported sluggish auto sales for February.

But don't let the discourage you. If Commander Codpiece says we're not in a recession, then we're NOT in a recession, damn it!

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