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Hey Dick (Fisher) - Explain This

Tyler Durden's picture




 

Two short months ago, (now former) Dallas Fed head Richard Fisher was ushered on to the propaganda channel to puke out platitudes about how low oil prices was "net positive for Texas," because Texas is a diverse state and being a consumer society, it's "good for everyone."

 

Shortly after we destroyed that fiction, none other than Goldman President Gary Cohn rubbed salt into that wound stating "it's not going to be positive."

And now we have the hard data... as jobs dropped at the fastest pace in 6 years!

Source: Dallas Fed

Explain that, Dick?

*  *  *

Bonus Chart: Home Sales are lagging too..

 

 

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Thu, 04/23/2015 - 14:28 | 6023043 Soul Glow
Soul Glow's picture

He is a dunce at the top of the puppet stage like the rest of them.

Thu, 04/23/2015 - 14:34 | 6023066 localsavage
localsavage's picture

No... he is just another guy who spews his wishes as fact because he is surrounded 100% of the time by yes men.

Thu, 04/23/2015 - 14:36 | 6023070 flacon
flacon's picture

Not only is he a fucking retard, he should be executed and his head posted up high on a pole in downtown Manhattan. I can't believe how this guy even thinks he's a human. 

Thu, 04/23/2015 - 14:37 | 6023074 McMolotov
McMolotov's picture

Wonder if Dick Fisher ever caught one that was THIS BIG. Not that there's anything wrong with that...

Thu, 04/23/2015 - 14:40 | 6023087 El Vaquero
El Vaquero's picture

OH GOD!  Don't remind me of those stories!  I actually did have a big ass trout on my line that got away.  In fact, it was the biggest I ever hooked.  It took me 2 minutes to reel it in about 15 feet without breaking the line, to give you an idea.  When I bent over to grab him, I let the tip of the rod down and he got off of the hook.  I was really pissed off at myself because it was my own damned fault for letting tension off of the hook. 

Thu, 04/23/2015 - 15:21 | 6023234 nope-1004
nope-1004's picture

Well, one fella came close.  Went by the name of Homer.  Seven feet tall he was, with arms like tree trunks.  His eyes were like steel: cold, hard.  Had a shock of hair, red, like the fires of Hell.

Thu, 04/23/2015 - 15:44 | 6023351 I am more equal...
I am more equal than others's picture

 

 

He is a dunce at the top of the puppet stage like the rest of them.

 

Who's hand is up this puppet's ass?

Or is it hands?

Thu, 04/23/2015 - 16:01 | 6023448 BKbroiler
BKbroiler's picture

bubbles bubbles everywhere. Energy, housing, stocks, bonds, biotech, social media.  Anyone wanna guess how this ends?

Fri, 04/24/2015 - 00:17 | 6024933 turnoffthewater
turnoffthewater's picture

email this article to him. If your reading this dick, quit taking orders and say it like it is

Thu, 04/23/2015 - 14:38 | 6023077 El Vaquero
El Vaquero's picture

How about this:  He's a fucking retard surrounded by yes men, and they all should meet the guillotine.  That's what we call compromise that leaves everybody happy. 

Thu, 04/23/2015 - 14:58 | 6023092 remain calm
remain calm's picture

Suk It Dik Sum Ting Wong

Thu, 04/23/2015 - 16:33 | 6023629 SumTing Wong
SumTing Wong's picture

Hey hey, leave me out of this. 

Thu, 04/23/2015 - 15:18 | 6023224 yrad
yrad's picture

Damn it ZH!!! I'm a loan officer living in Dallas and currently vacationing in Santorini, Greece!! Can you run one article that doesn't give me the runs??

Thu, 04/23/2015 - 14:34 | 6023067 knukles
knukles's picture

Oh come on guys, it's temporary, transitory, temporal, short erm, due for a rebound, short lived, not for long, anomaly, bad seasonals*, a fat finger, error, misquote, need to be refiled for the last 5 years, TurboTax's fault, Bush's Fault, Obie has the skinny?, racist, sexist, kinda but not really, just appearances, you'll see, just don't get it, they can print MOAR....

 

                       * maniacal laughter

Thu, 04/23/2015 - 14:40 | 6023085 KnuckleDragger-X
KnuckleDragger-X's picture

We're not hurting down here Texas, except of course in the oil patch and we've been through it more than once. The banks and big money players are eating it a bit but we're still getting by OK. Y'all who are expecting us to whine and cry because we've got a boo-boo on our finger will be sadly disappointed....

Thu, 04/23/2015 - 14:49 | 6023120 Weaponized Innocense
Weaponized Innocense's picture

Yea we have seen it hit us worse here in texas....... But u know it has only just begun....

Thu, 04/23/2015 - 15:42 | 6023346 KnuckleDragger-X
KnuckleDragger-X's picture

Yeah, but this time most of the stupid comes from the bond market. The support industries for the oil patch is gonna suck for awhile though......

Thu, 04/23/2015 - 14:55 | 6023147 Bastiat
Bastiat's picture

"We came, we printed, it died.  Bwahahahahahaaa!"

Thu, 04/23/2015 - 15:32 | 6023293 Temporalist
Temporalist's picture

knukles didn't you just read that they got the guy that did it?  Case solved!

 

http://www.zerohedge.com/news/2015-04-22/first-photograph-emerges-crimin...

Thu, 04/23/2015 - 14:53 | 6023135 kchrisc
kchrisc's picture

"Never attribute to intelligence that which can be more aptly attributed to corruption."

Liberty is a demand. Tyranny is submission.

Thu, 04/23/2015 - 14:32 | 6023054 pods
pods's picture

That's like saying high chicken prices are "net good for chickens."

See, you're worth more, aren't you happy?  Now back in the damn cage!

pods

Thu, 04/23/2015 - 14:35 | 6023069 Soul Glow
Soul Glow's picture

Too bad people don't realize the price for Fed members should be low.  Very low.

Thu, 04/23/2015 - 14:32 | 6023059 Callz d Ballz
Callz d Ballz's picture

He meant to say "everywhere else but Texas".

Thu, 04/23/2015 - 14:34 | 6023064 Weaponized Innocense
Weaponized Innocense's picture

The day after he said that there was an economic report that came out from Texas that showed a splat confirming his wrongness too!
I mean if we had had a better economy all around in america he might have been right but this economy has sucked ....

Thu, 04/23/2015 - 14:39 | 6023076 ebworthen
ebworthen's picture

The PhD intelligentsia can't seem to grasp the simple fact that it takes income to make purchases.

With $0 in income it doesn't matter if gas is at $1/gallon or $5/gallon.

Thu, 04/23/2015 - 14:42 | 6023093 El Vaquero
El Vaquero's picture

They also fail to grasp the fact that, even if a person does have income, they aren't going to buy anything if all of their disposable income is eaten up by interest payments.  The cocksuckers don't include debt in their models.  If they did so in a realistic way, it would shatter their Everything Is Awesome meme.

Thu, 04/23/2015 - 14:38 | 6023080 Yen Cross
Yen Cross's picture

  The only thing that's transitory about DICK Fishers lower energy >demand theory, is his progressive Alzheimer's induced dementia.

Thu, 04/23/2015 - 14:40 | 6023082 MagicMoney
MagicMoney's picture

ROFL. Obviously just a propagandizer. Obama's Saudi connection put a damper on Texas. Of I forgot he hates America producing fossil fuels, only country like Saudi Arabia should be doing it.

Thu, 04/23/2015 - 14:56 | 6023152 Weaponized Innocense
Weaponized Innocense's picture

Hillary was handing out light sweet crude to Isis like it was candy .... As since terrorist should be the oil cartel she needs to ass kiss. Plus war is EPA approved since Americans shouldn't work for a living as a way for the democrat party to secure votes.
Just watch Obama kiss Iranian dictators asses! Same one jimmy carter Hillary and Kiki out into power over the peeps there decades ago..... after he dissed the Iranian peeps who wanted out from under their theocratic control.

Thu, 04/23/2015 - 14:58 | 6023155 Weaponized Innocense
Weaponized Innocense's picture

At the same time obama has sent out his military patrol because Texas is the real enemy here!

Thu, 04/23/2015 - 14:43 | 6023097 mpath
mpath's picture

Woody Dorsey from sentimenttiming.com says that sentiment extremes are growing and many are understanding what may be htting in the near future. He has been spot on with these calls. Here is his report. 

Thu, 04/23/2015 - 14:45 | 6023106 Dr. Engali
Dr. Engali's picture

404 error.

Thu, 04/23/2015 - 14:44 | 6023099 Dr. Engali
Dr. Engali's picture

Fisher has proven himself to be a liar and a con man over the years. For a long time while pretending to be the "voice of reason 'on the fed he railed against easy "money"policies via QE, but the moment shit started to get ugly in 2011 he quickly fell into lock step with the rest of the central planners. He's nothing but a douche with no core beliefs. He will do and say whatever is convenient at the time.

Thu, 04/23/2015 - 14:51 | 6023125 Bay of Pigs
Bay of Pigs's picture

Dick the FED HAWK!!!!

Its pretty clear now that nothing this guy has ever said in the past is truthful or honest.

Get fucked Fisher.

Thu, 04/23/2015 - 14:56 | 6023154 Yen Cross
Yen Cross's picture

  Chicken hawk!!!

Thu, 04/23/2015 - 14:46 | 6023109 mpath
mpath's picture

sorry-correct link:  Woody Dorsey from sentimenttiming.com says that sentiment extremes are growing and many are understanding what may be htting in the near future. He has been spot on with these calls. Here is his report. 

Thu, 04/23/2015 - 14:47 | 6023112 cougar_w
cougar_w's picture

Anyone allowed to talk in public, is already an idiot. The ones with any smarts are sitting back not saying anything, waiting for the dam to burst and all the crazy mobs to come rushing out of the wastelands of suburbia looking for that stupid cunt who was on the TV the other day saying how great everything was going to be.

Entertainment, suitable for the end of the world.

Thu, 04/23/2015 - 15:35 | 6023307 Temporalist
Temporalist's picture

I will be waiting under my desk with scissors (not running) as instructed in the event of an emergency situation.

Thu, 04/23/2015 - 14:51 | 6023124 venturen
venturen's picture

why should they have jobs! Jobs are for liberals/Cronies in NY, California, and Washington, DC

Thu, 04/23/2015 - 14:53 | 6023136 youngman
youngman's picture

What is amazing is this guy has a position that makes calls on the economy...that is his job..and he knows nothing about economics....great huh????

Thu, 04/23/2015 - 14:55 | 6023138 ptoemmes
ptoemmes's picture

We could have hoped he would have gotten replaced..oh wait.  And no doubt on to more lucrative endeavors using his deft analytical skills.

Thu, 04/23/2015 - 15:04 | 6023179 Clowns on Acid
Clowns on Acid's picture

Well that means deflation is a good thing! Yay cause its coming anyway.

Hey...do you have any gum on ya Dick ?

Thu, 04/23/2015 - 15:12 | 6023210 Squid Viscous
Squid Viscous's picture

not as bad as the other fischer, at least he's not a dual citizen Zio cunt

Thu, 04/23/2015 - 15:36 | 6023311 WTFUD
WTFUD's picture

Something fishy 'bout Dick!

Thu, 04/23/2015 - 17:18 | 6023788 Fukushima Fricassee
Fukushima Fricassee's picture

Stupid mother fucker if you ask me , he is fucking up the people of the USA and smiling about it.

Thu, 04/23/2015 - 21:00 | 6024495 starman
starman's picture

Hey isn't snowing in fng Dallas? 

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