[MBB1984]

It is pretty clear that we are in a recession. He is just stating the obvious.

However, his comments about “greedy Wall Street” sound like those of a Marxist.

[NYC Republican]

It is pretty clear that we are in a recession. He is just stating the obvious.

Based on what? The doom and gloom the MSM spits at us 24x7, to get the dems elected? Prove it.

[misterrob]

When the CEO of Bear Stearns dumps his shares or hedge funds melt down while the investors get screwed something is wrong.

[HappyinAZ]

Agreed....those remarks make me VERY un-easy as well!

[avacado]

"It is pretty clear that we are in a recession."

A recession is two consecutive quarters of negative GDP growth. We have not had that. Therefore, it isn't clear that we are in a recession because we aren't.