NYTIMES BEGRUDGINGLY ADMITS WE ARE IN A GLOBAL DOUBLE DIP RECESSION

WE SAID IT BEFORE, BUT AT LEAST THEY'RE SAYING IT NOW - NYTIMES:

European and Asian Stocks Drop Ahead of Wall Street Open

By MATTHEW SALTMARSH AND BETTINA WASSENER 30 minutes ago

The rout extended in global markets, with Japan and South Korea’s exchanges closing 3.7 percent lower, and European markets down 2 percent in Friday morning trading.

• Stock Markets Record Worst Tumble in 2 Years

Time to Say It: Double Dip Recession May Be Happening

By FLOYD NORRIS

It has been three decades since the United States suffered a recession that followed on the heels of the previous one. But it could be happening again.

FOR THE MARKETS TO IMPROVE, OBAMA AND HS POLICIES MUST GO.