Caterpillar CEO says U.S. likely in recession LYING SOCIALIST

hEY mR. cOMIX... i HAZ SAVED YOU THE TRUBBLE OF SHOUTING OUT ON DIS
SOCILISTICAL PROAGANDIZMENT OF CATERPILLERIZATION IN RE THE RECCESZION
(not!!!1!)


Caterpillar CEO says U.S. likely in recession
Wed Mar 26, 2008 6:19am EDT

TOKYO (Reuters) - The head of Caterpillar Inc., the world's largest
maker of earthmoving equipment, said on Wednesday the U.S. economy is
probably in a recession and is unlikely to start recovering until late
this year.

Caterpillar Chairman and CEO Jim Owens said fiscal stimulus would help
sup****t an economy dogged by mortgage foreclosures, a steep drop-off
in residential construction and financial market turmoil triggered by
the subprime loan crisis.

"The U.S. economy is probably in recession now but will likely have
real growth this year of around 0.5 percent, so very very slow growth
and probably a couple of quarters of negative growth," Owens said.

- more -
http://www.reuters.com/article/ousiv/idUST36968420080326