It's offical: the US is in recession and it has been in recession since Dec 2007

http://blogs.abcnews.com/moneybeat/2008/12/recession-hits.html

http://money.cnn.com/2008/12/01/news/economy/recession/index.htm?postversion=2008120112

Yep yep, so the fake "elections" had to pass first before US can be declared "officially" into recession.