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Jeez, you think? Warren Buffett says economy fell off a cliff.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:29 AM
Original message
Jeez, you think? Warren Buffett says economy fell off a cliff.
in para. 3:
"It's fallen off a cliff," Buffett said Monday during a live appearance on cable network CNBC. "Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen."

http://news.yahoo.com/s/ap/20090309/ap_on_bi_ge/buffett_economy
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:36 AM
Response to Original message
1. I just watched on MSNBC
They were saying that the DOW has dropped 2000 points since Jan 20. Completely ignoring the drop before Jan 20, and not speaking about the decade of actions that created a unsustainable system.

I am so fed up with this smear to change peoples memories.

The only bright side is it further destroys the credibility of big media.
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CJCRANE Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:36 AM
Response to Original message
2. D'ya think
it had anything to do with a guy called George who was asleep at the wheel for 8 years?

:shrug:

Funny how I saw this coming 18 months ago and started to pay off my debts,
but hey I'm just a lefty "conspiracy theorist" blogger, what do I know about common sense?
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 02:53 PM
Response to Reply #2
7. Same here....
while we aren't where we want to be-we are a damn site better off than most.
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Booster Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:38 AM
Response to Original message
3. He's so sharp. That's why he's a brazillionaire.
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CJCRANE Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:46 AM
Response to Reply #3
5. Lucky for him
he has $25 billion in cash to cushion the fall.

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ogneopasno Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 11:41 AM
Response to Original message
4. That's what happens when you buy small U.S. factories and shut them down, WARREN.
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benld74 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-09-09 12:25 PM
Response to Original message
6. Buffet owned a good slice of AIG
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