Re: I'm quite surprised, really --
Basically I agree with everything you said. My opinion: the top people in banking & investing do *NOT* want a recession now, so they are doing everything they can to prop the economy up, while they are getting everything they want from the current government (tax cuts, subsidies, etc.).
Once a Democrat is elected, these same people will be screaming about the debt, deficits, spending on social programs, etc., and then *bam* we will have our recession.
Look at what Bush did to the US economy, and nothing bad happened until the end (and then they blamed Obama for everything). I fully expect we will see the same thing again.