The Maestro – Alan Greenspan speaks – watch video here – We are doomed.
http://money.cnn.com/video/#/video/fortune/2007/09/17/fortune.greenspan.medicare.fortune 

Greenspan Warning

The former Federal Reserve chairman Alan Greenspan has warned there is still a good chance the US economy will slip into a recession, despite this week’s cut to US interest rates.

Mr Greenspan said the odds of a recession remain somewhat more than one in three, with home prices likely to fall further and damage consumer spending.