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The Hypocrite Of The Day Award Goes To...

Tyler Durden's picture





 

While we largely enjoy Dallas Fed's Dick Fisher hawkish, non-conformist thinking at the FOMC, and his willingness to come up with amusing cartoon names to explain the Fed's monetary policy (we are currently on Toy Story, and specifically Buzz "To Infinity and Beyond" Lighyear), we certainly do not miss when even said faux Fed bad cops telegraph hypocrisy so gruesome it shows demonstrates beyond a shadow of a doubt just how fake the facade of the Fed's "contrarians" truly is. To wit:

  • FISHER SAYS U.S. LAWMAKERS HAVE BECOME `PARASITIC WASTRELS'

Riddle us this, Dick: just who is it that enables the US Lawmakers to fund trillion dollar deficits year after year at less than prohibitive terms, and more importantly, who is it that since 2009 has monetized virtually all 10 Year and longer gross issuance, thereby allow Congress to be a parasitic wastrel. Would you call that someone a "Wastrel enabler"?

Do you know who that someone is, Dick? Or is the question too complicated for a mere PhD mortal to answer?

 


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Thu, 11/15/2012 - 16:00 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Codependency, bitchezzz!!!

Thu, 11/15/2012 - 16:01 | Link to Comment fightthepower
fightthepower's picture

Fuck you Fisher!

Thu, 11/15/2012 - 16:04 | Link to Comment nope-1004
nope-1004's picture

Fisher is another fiat pimp.  What he says means nothing.

 

Thu, 11/15/2012 - 16:04 | Link to Comment no taste
no taste's picture

Adolf Hitler declines Karl Rove's Friend Request.  "He is a total loser," Hitler is thought to have said to secretary.

Thu, 11/15/2012 - 16:19 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Moar Kabuki Theater. Anyone thinking anything is "unscripted" on Panem et Circensus Vision is still on Blue Pills.

Dick Fisher should mount his bayonet and lead the mutiny or have a slice of STFUcake.

Just bring in Yellen & let it ALL implode more quickly. Bernanke is certifiably insane and/or corrupt, but Yellen, if taken at her opinions' face value, is to monetary policy theory what Gary Busey is to classical philosophy.

Thu, 11/15/2012 - 16:20 | Link to Comment pods
pods's picture

I think that Monsters, Inc. would be more fitting.
They get their power from the muppets' screams.

pods 

Thu, 11/15/2012 - 16:29 | Link to Comment Manthong
Manthong's picture

Oh, he’s just a nattering nabob of negativism.. today.

Tomorrow he’ll return to being an effete snob.

Thu, 11/15/2012 - 17:11 | Link to Comment PhattyBuoy
PhattyBuoy's picture

xXx (Triple X) - X Steals Dick's Corvette

"Oh, come on, Dick. It's only education we got. Dick, you're a bad man. You know what we do to bad men. We punish them. Dick, you've just entered The Xander Zone."

 

http://www.youtube.com/watch?v=KmNA_D37wCw

Thu, 11/15/2012 - 18:48 | Link to Comment AldousHuxley
AldousHuxley's picture

People with name Dick turns out to be one.

Fri, 11/16/2012 - 03:19 | Link to Comment rocker
rocker's picture

He prefers Richard ..............

One of Zero's Top Ten Post.

Thu, 11/15/2012 - 16:04 | Link to Comment Zer0head
Zer0head's picture

well his name is dickfisher

Thu, 11/15/2012 - 16:06 | Link to Comment Dr. Richard Head
Dr. Richard Head's picture

Fishing for dicks indeed.

Thu, 11/15/2012 - 16:28 | Link to Comment Kitler
Kitler's picture

Pissing off the transom of your (or preferably someone else's) yacht whilst under sail used to be called 'trolling for queers'.

So in retrospect I guess we were all 'Dick Fishers' back then.

Thu, 11/15/2012 - 16:03 | Link to Comment Stoploss
Stoploss's picture

Pot callin the kettle..

Thu, 11/15/2012 - 16:11 | Link to Comment Bay of Pigs
Bay of Pigs's picture

I thought he was the good cop?

Thu, 11/15/2012 - 16:32 | Link to Comment Go Tribe
Go Tribe's picture

It's the most hellish marriage imaginable.

Thu, 11/15/2012 - 16:03 | Link to Comment Deathrips
Deathrips's picture

I know you are ..but what am I?

If they are going to act like kids, they should talk like them. Silver away way......up!

 

Thu, 11/15/2012 - 16:05 | Link to Comment Deathrips
Deathrips's picture

Whoever smelt it dealt it. C'mon man.

Time for the adults to put them on timeout.

 

 

Thu, 11/15/2012 - 17:23 | Link to Comment wisefool
wisefool's picture

He started on this about 2 months ago. Interview on bloombergTV. called them children.

The fed, the executive/treasury, and the legislature are the 3 stooges. In every episode:

  1. they start with good intentions. They try to work together. 
  2. Then they do really retarded, selfish stuff. 
  3. at first the damage is inward. 
  4. But then they are shown in isolation/seprately to be rational, good actors.  
  5. Then they regroup, destroying everything around them. 
  6. Each episode ends with them avoiding blame and escaping in some humorous way. Together.
Thu, 11/15/2012 - 17:52 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

The above comment is one of the best I have read here for a very long time.

  

flag as awesome (1)

Thu, 11/15/2012 - 18:02 | Link to Comment wisefool
wisefool's picture

I learned from the best. yourself included :) With that out of the way, back to fight club.

Thu, 11/15/2012 - 21:07 | Link to Comment ElvisDog
ElvisDog's picture

The Fed could end the recklessness of Congress immediately in two easy steps.

1) End QE3

2) Raise interest rates.

Boom. Two things the Fed can do all on their own, right now. So, until you do that, Dick, shut your fucking mouth.

Thu, 11/15/2012 - 16:02 | Link to Comment FuzzyDunlop21
FuzzyDunlop21's picture

Dick Fisher...what a dick fisher

Thu, 11/15/2012 - 16:27 | Link to Comment kralizec
kralizec's picture

Seems to be dick day today...it's like a sausage convention!

Thu, 11/15/2012 - 16:02 | Link to Comment Bicycles and Beer
Bicycles and Beer's picture

confucious say: "Best cure for hangover is to stay drunk".

 

 

Thu, 11/15/2012 - 16:04 | Link to Comment jayman21
jayman21's picture

Going long Texas XXX and short FRNs.

Thu, 11/15/2012 - 16:04 | Link to Comment fonzannoon
fonzannoon's picture

get lost 1350 S&P

Thu, 11/15/2012 - 16:05 | Link to Comment tickhound
tickhound's picture

No honor among thieves.

Thu, 11/15/2012 - 16:05 | Link to Comment pdizzle
pdizzle's picture

+100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 tyler.

Thu, 11/15/2012 - 16:07 | Link to Comment slackrabbit
slackrabbit's picture

Hes the biatch in the S/M relationship....and regardless of how many salami slaps against his face, he wont say the safe word...

Thu, 11/15/2012 - 16:07 | Link to Comment Ineverslice
Ineverslice's picture

 

aapl a double dippa...

Thu, 11/15/2012 - 16:10 | Link to Comment ziggy59
ziggy59's picture

Apple, the Newly discovered Constellation...The Bigger Dipper

Thu, 11/15/2012 - 16:09 | Link to Comment fonzannoon
fonzannoon's picture

CNBS casually discussing QE4......QE4!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Thu, 11/15/2012 - 16:10 | Link to Comment slackrabbit
slackrabbit's picture

Of course, cos its like Star Wars 7

Thu, 11/15/2012 - 16:24 | Link to Comment TruthInSunshine
TruthInSunshine's picture

QE4 is to current monetary policy what Bernanke's bathtub is to the Pacific Ocean, and anyone who acts upon mention of CNBC's mention of QE4 could undoubtably find a way to drown in a bathtub.

Thu, 11/15/2012 - 16:29 | Link to Comment fonzannoon
fonzannoon's picture

it's fascinating to watch well groomed people in suits and ties engage in complete delusional discourse so casually.

Thu, 11/15/2012 - 16:46 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Was Dr. Robert Stadler on the panel? 

#gratuitousAtlasShruggedref

Thu, 11/15/2012 - 16:47 | Link to Comment NotApplicable
NotApplicable's picture

Ties will do that to a guy. As for the ladies...

well, if I knew that, I'd be a rich man.

Thu, 11/15/2012 - 16:17 | Link to Comment HD
HD's picture

Stocks are moving down - so what else can they do but hope that IQ's have dropped sharply since QE3 failed and that muppets will BTFD.

Where the hell is Kevin when you need him?

Thu, 11/15/2012 - 16:09 | Link to Comment ziggy59
ziggy59's picture

Fisher, you have 3 fingers pointing at ya, same goes to your boss, when you point your index at others, Including The Bird..

Thu, 11/15/2012 - 16:10 | Link to Comment Zer0head
Zer0head's picture

May I respectfully suggest that Hannity and Limbaugh also receive that award

both are talking up Ron Paul's farewell speech

Thu, 11/15/2012 - 16:12 | Link to Comment slackrabbit
slackrabbit's picture

When Hannity talks up Ron Paul is cos the whore has been paid to.

Please RP supporters..please come back....your our only hope!

Thu, 11/15/2012 - 16:15 | Link to Comment fourchan
fourchan's picture

two fucks that couldnt hold up rons jock strap.

Thu, 11/15/2012 - 16:18 | Link to Comment HD
HD's picture

Hold it no...but no doubt they'd be sniffing it.

Thu, 11/15/2012 - 16:12 | Link to Comment Rathmullan
Rathmullan's picture

Dick Fish then falls back on "balancing full employment with price stability".

Goddamnit Kevin! You'd better keep the dji above 12,500 or you'll be working for jeffries next week.

Thu, 11/15/2012 - 16:50 | Link to Comment NotApplicable
NotApplicable's picture

Looks like Kevin's busy playing on Facebook. When do those shares unlock, again?

Thu, 11/15/2012 - 16:13 | Link to Comment HD
HD's picture

Hello Pot? This is Kettle. You're not going to believe what I just heard about Obama...

Thu, 11/15/2012 - 16:13 | Link to Comment ziggy59
ziggy59's picture

From Crap,Nothing But Crap..

Apple Stock Hit by Panic Selling: 'Someone Yelled Fire'
Lol...

More like inferno...

http://www.cnbc.com/id/49842457

Thu, 11/15/2012 - 18:29 | Link to Comment slackrabbit
slackrabbit's picture

Disco Inferno

http://youtu.be/A_sY2rjxq6M

I know Tyler has one of these suits in his closet!!!

Thu, 11/15/2012 - 16:14 | Link to Comment eclectic syncretist
eclectic syncretist's picture

Banks are parasites.  We need to move beyond them.

Thu, 11/15/2012 - 16:15 | Link to Comment ziggy59
ziggy59's picture

When the glove, uh, name fits...DICK!

Thu, 11/15/2012 - 16:16 | Link to Comment semperfi
semperfi's picture

"Would you call that someone a "Wastrel enabler"? "

I think simply just a big "DICK" would do.

Thu, 11/15/2012 - 16:16 | Link to Comment economessed
economessed's picture

Way to demonstrate your command of 19th century slang, Dick.  Wastrel, jeesh, the last time I heard that, Andrew Jackson was dressing-down the Whigs....

Thu, 11/15/2012 - 16:28 | Link to Comment AlaricBalth
AlaricBalth's picture

+1
You owe me a Ferragamo tie. Just chuckled my martini on this one.
:-)

Thu, 11/15/2012 - 16:16 | Link to Comment centerline
centerline's picture

Right on script.  Poke the politicians.  Make them do something drastic so they can be held to blame for what happens next.  Or demonstrate that inaction causes the same thing.  Checkmate. Plenty of blame to go around.  Right?

Thu, 11/15/2012 - 16:18 | Link to Comment catacl1sm
catacl1sm's picture

WHEEEE!!!!

Thu, 11/15/2012 - 16:20 | Link to Comment Nobody For President
Nobody For President's picture

Parasitic Wastrel Enabler is a bit awkward, let us just call them The Fed.

Thu, 11/15/2012 - 17:08 | Link to Comment SillySalesmanQu...
SillySalesmanQuestion's picture

Dickfisher....kind of says it all. With little or no comment....

Thu, 11/15/2012 - 16:29 | Link to Comment Urban Redneck
Urban Redneck's picture

That's definitely hypocritical.

But it's also extremely undiplomatic, even by Washington DC standards.

Perhaps Massa Banksta is getting bit antsy because of the uppity Congress Critters failure to "get to work".

Thu, 11/15/2012 - 16:38 | Link to Comment Duke of Con Dao
Duke of Con Dao's picture

Bar-B-Que in 13 Seconds:

YouTube - Hamas Bar-B-Que - Israeli Style: Actual Footage of Drone Strike on Gaza 'Tough Guy' Ahmed Jabril

crispy or extra crispy? 

 Honk If You're About to be Taken Out by an Israeli Air to Surface Missile

Thu, 11/15/2012 - 16:33 | Link to Comment WillyGroper
WillyGroper's picture

"Is DICK IN"?

Thu, 11/15/2012 - 16:35 | Link to Comment Madcow
Madcow's picture

Fisher, et al, continue to pretend that the fiat money system they created was not a fraud to begin with. i say call his bluff - go ahead and quit intervening in the markets, stop bailing out the banks, and just let the entire economy collapse as decades of debt cotracts are repudiated in bankrupcy court. 

with central banking you get - growth, growth, growth, growth, growth, total collapse. again and again. without exception.  to pretend otherwise is something between intellectual dishonesty and criminal deceit. 

the collpase is here and there is no way to avoid it.  things will continue to grow collapse-ier over the next 20-30 years. just look at japan. soon enough japan will implode in hyperinflation and we'll then know what out long-term hopes and dreams amount to.

 

 

Thu, 11/15/2012 - 16:35 | Link to Comment Kokulakai
Kokulakai's picture

I feel a disturbance in the force.

Thu, 11/15/2012 - 16:35 | Link to Comment ptoemmes
ptoemmes's picture

So, I conclude Fisher is also a wastrel though I think he deserves a few descriptive adjectives to spiff it up a bit. 

I think he means the lawmakers fit definition 2 from Merriam-Wesbter: http://www.merriam-webster.com/dictionary/wastrel

He could clearly fit the first defintion if not also the second.

Yes - I had to look it up.

Thu, 11/15/2012 - 16:36 | Link to Comment M.B. Drapier
M.B. Drapier's picture

With Dems back in control of the Senate and WH, time for Fisher to act up until 2016, or at least until he's replaced.

Thu, 11/15/2012 - 16:37 | Link to Comment ultraticum
ultraticum's picture

This is why I read ZH! You get it Tyler, thanks.

Thu, 11/15/2012 - 16:39 | Link to Comment EvlTheCat
EvlTheCat's picture

Yes, it's always the drug suppliers fault.  Never the junkie.  Congress is charged with regulating the money supply. Period.  Americans are charged with putting people in Congress who can do the job, not provide them with Utopia. This is what happens when you offshore your money supply, and allow jackboot thugs to disenfranchise your legal system.  Americans were asleep in prosperity, while it happened, and are now trying to point the finger at everyone else because the grease is drying up and they are starting to feel the pain of the rectal probe they have been getting all along.  Sorry, while I hate the Fed, they are not hypocrites they are parasites.  Americans not guarding the Constitution during the prosperous times, as well as, the dark days are the hypocrites.  And that includes me.  I use to blame my ignorance, and my parents, but then I grew up and started to educate myself on the matter.  I can guarantee you my kids will not be the same for it.

Thu, 11/15/2012 - 16:51 | Link to Comment EvlTheCat
EvlTheCat's picture

Thank you Dr. Paul!

Thu, 11/15/2012 - 18:24 | Link to Comment slackrabbit
slackrabbit's picture

"Americans are charged with putting people in Congress who can do the job, not provide them with Utopia."

 

Hey, when did that happen? ;-)

Thu, 11/15/2012 - 19:11 | Link to Comment EvlTheCat
EvlTheCat's picture

Well my grandmothers, grandfather, on his fathers sisters side, once said he heard from his barbers wifes, cousin that at one time right after the dinosaurs died out... wait the answer is 42...? right?

Thu, 11/15/2012 - 16:43 | Link to Comment Nothing To See Here
Nothing To See Here's picture

<----- Fed mouthpiece blaming lawmakers for wanting deficit financing

<----- Lawmakers preaching fiscal responsibility while enabling the Fed's operations

Who is the worst hypocrite?

Thu, 11/15/2012 - 16:44 | Link to Comment Appleseed
Appleseed's picture

I thought they ment the fisher electric car company with all those federal subsidies :P

Thu, 11/15/2012 - 16:52 | Link to Comment Darkness
Darkness's picture

I am so hawkish on using the bathroom, its not even funny. 

Thu, 11/15/2012 - 16:53 | Link to Comment Bunga Bunga
Bunga Bunga's picture

I would be careful. Lawmakers can end it the same way they started it. It's just a simple majority vote.

Thu, 11/15/2012 - 16:57 | Link to Comment booboo
booboo's picture
  • FISHER SAYS U.S. LAWMAKERS HAVE BECOME `PARASITIC WASTRELS'

First step in the process to eliminate the Congress. Watch the Exucutive Branch and the Fourth Estate (MSM) use this as a way to Fundamentally Transform" our government.

Put another way, who is the odd man out in this list:

The President

The Mainstream Press

The U.S. Congress

The Federal Reserve

Thu, 11/15/2012 - 16:58 | Link to Comment Random_Robert
Random_Robert's picture

Fisher is just posturing to become the Head of the new Sovereign Republic of Texas' central bank.

 

 

Thu, 11/15/2012 - 17:05 | Link to Comment Shizzmoney
Shizzmoney's picture

FISHER SAYS U.S. LAWMAKERS HAVE BECOME `PARASITIC WASTRELS'

Jeez, Richard Fisher has been going "rogue" the last few months ever since his holdings came out (agriculture, gold..which, generally, hedges against money printing and econ collapse) and Dylan Ratigan published in his book what he found about what Fisher said in FOMC minutes (he thought that the the US' problem wasn't that we imported too much crap from China, but that the US wasn't importing ENOUGH crap from China).

You know who are the real parasites of the system? The Federal Reserve, who has enabled Corporate Fraud, Malfeasance, and Plunder, at the expense of 70% of us, for the last 90 years.

 

Thu, 11/15/2012 - 17:34 | Link to Comment Ignorance is bliss
Ignorance is bliss's picture

Here is a joke...

 

What do Obama, Bin Laden, and Benanke have in common?

 

Answer:

They all want to destroy Amerika's freedoms.

Thu, 11/15/2012 - 18:58 | Link to Comment Vince Clortho
Vince Clortho's picture

 

Congress became parasitic wastrels many decades ago.  That was headline material in the 1920's.

Nearly a hundred years later, the Fed Dude in TX thinks he just discovered it.

Keystone Cops cheap theater.

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