[concerned about politics]

But as I said, the Fed are desperate to not declare the reality of it until mid-November. They know that a declaration of recession absolutely kills 0bama’s re-election campaign.

And when Romney/Ryan win the election in November, they'll be screaming about the "Republican depression" within the first hour after the election results.

[henkster]

“And when Romney/Ryan win the election in November, they’ll be screaming about the “Republican depression” within the first hour after the election results.”

The Department of Commerce did something similar, but in reverse, to Bush 41. Leading up to the election we had the “worst economy since the dawn of time” or something like that. Then, after the election, Commerce “revised” their figures to show that the economy wasn’t doing so bad after all.