Stating the obvious

More official reports have come out today, officially declaring that the US economy is in a recession and that construction spending has declined.
Thanks for the information we all already know, because we are experiencing it.
A recession, by any other name, would stink as bad.
The official announcement that stinks even worse, is the report that the commercial market is about to experience a mortgage crisis of its own, with the same causes as the residential mortgage crisis. Hotels, shopping malls and office buildings going dark because the owners can't pay the new bank rate on their mortgage or can't re-fi the 5 year financing. For example, the Associated Press is reporting "Chicago-based General Growth Properties, the nation's second-largest shopping mall owner, said late Sunday it is getting a two-week extension on $900 million in debt scheduled to come due last week as the company works to stave off bankruptcy and negotiate longer-term extensions with lenders.
Aren't roller coasters supposed to go up once in a while?