Karl posted about it (more eloquently & elaborately than i) this morning. I felt it worthy another comment.
I am very surprised (really, i am) that this has only now come to a head. Macro forces being what they are, I estimated that around December of 2010 you would start seeing reports of this from the state controlled media. While this Christmas season was abysmal, it got the spin treatment in force.
Perhaps this is a calculated effort? /me puts on tinfoil hat.
Perhaps it’s time to watch the other hand?