[cnn-photo-caption image= http://i2.cdn.turner.com/cnn/2008/images/12/01/art.foreclosure.a.gi.jpg caption="The government was warned of financial crisis and mortgage meltdown years before it happened."] FROM CNN's Jack Cafferty: It's official. We're in a recession, and we have been in one since December of last year according to the National Bureau of Economic Research. That's their job. They tell us when we're in … Continue reading Warnings of mortgage meltdown: Why government did not act?