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Fed Mouthpiece Jon Hilsenrath Furious "Stingy" US Consumers Refuse To Buy The "Recovery" Propaganda
No commentary necessary on this piece originally posted on the Wall Street Journal by Jon Hilsenrath (the same ad hoc, trial ballooning Fed mouthpiece whose work as it relates to the Federal Reserve has to be precleared by the Federal Reserve itself as we first reported five years ago).
And no, to our best knowledge, this is not the WSJ transforming into the Onion.
from HILSENRATH’S TAKE: A LETTER TO STINGY AMERICAN CONSUMERS
Dear American Consumer,
This is The Wall Street Journal. We’re writing to ask if something is bothering you.
The sun shined in April and you didn’t spend much money. The Commerce Department here in Washington says your spending didn’t increase at all adjusted for inflation last month compared to March. You appear to have mostly stayed home and watched television in December, January and February as well. We thought you would be out of your winter doldrums by now, but we don’t see much evidence that this is the case.
You have been saving more too. You socked away 5.6% of your income in April after taxes, even more than in March. This saving is not like you. What’s up?
We know you experienced a terrible shock when Lehman Brothers collapsed in 2008 and your employer responded by firing you. We know stock prices collapsed and that was shocking too. We also know you shouldn’t have taken out that large second mortgage during the housing boom to fix up your kitchen with granite countertops. You’ve been working very hard to pay off this debt and we admire your fortitude. But these shocks seem like a long time ago to us in a newsroom. Is that still what’s holding you back?
Do you know the American economy is counting on you? We can’t count on the rest of the world to spend money on our stuff. The rest of the world is in an even worse mood than you are. You should feel lucky you’re not a Greek consumer. And China, well they’re truly struggling there just to reach the very modest goal of 7% growth.
The Federal Reserve is counting on you too. Fed officials want to start raising the cost of your borrowing because they worry they’ve been giving you a free ride for too long with zero interest rates. We listen to Fed officials all of the time here at The Wall Street Journal, and they just can’t figure you out.
Please let us know the problem. You can reach us at any of the emails below.
Sincerely,
The Wall Street Journal’s Central Bank Team
-By Jon Hilsenrath
Yes, dear broke American consumers which once made up the world's most vibrant middle class: please stop being such a nuisance and source of confusion to the nice people at the Fed and their $4.5 trillion in direct injections into the offshore bank accounts of America's wealthiest 1% and please write to Hilsenrath and let him know what the problem is at Jon.Hilsenrath@wsj.com.
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You goyim are getting smart and we don't like it. You ARE and will be DEBT slaves forever.
Dear Jon,
Go fuck yourself and the horse you rode in on.
PS, it's you not me.
Love,
One Of We
Economics is a flawed science in the way it is taught and understood. How and why are economists paid? They are payed to lie on behalf of their employers. Usually the employer is an organization like the Federal Reserve, an investment firm or an international bank. Being right is not possible since their basic assumptions are wrong. Their power is that people in all income brackets believe what they have to say. That is their value and it is nothing more than that. Ask any Ivy League economist, what is the most common transaction people make throughout their lives? You will get the wrong answer, so I will tell you. They exchange freedom for comfort over and over again throughout their lives. Of course the man is frustrated. He is stupid. Frustrate is what stupidity does to a person. James Quillian, Common Sense Economics, quillian.net
I love it... rag on the WSJ. the BS paper for the Wall St and Feds.
And now for the seventh annual "recovery summer"....
And China, well they’re truly struggling there just to reach the very modest goal of 7% growth.
When I read something like the above statement, it is cognitive dissonance. Really. 7% is modest?
I think most American's and Europeons would be happy with that, especially given world situation.
Arrest Hilsenrath for financial terrorism. Throw him into prison and try him for treason. For the times they are a changin.
Hilsenwhore!
What kind of a name is Hilsenrath? Jewish? You know how a Jew say's "Fuck You?"
Answer: "Trust Me"
"they worry they’ve been giving you a free ride for too long with zero interest rates."
Free ride?
So ZIRP is the Fed's idea of KY jelly?
Now the real hurtin' begins
Zerohedge editors just don't seem to actually grok satire. Irony, maybe; sarcasm, fer sure. But I mean, seriously kids, how many here really believe that this was intended as anything other than a jab at the establishment --albeit by an ordinarily establishment-prone source?
So this a serious question? A jab? Really?
This guy Hilsenrath IS the establishment. He is THE Keynesian mouthpiece for THE Keynesian puppet masters.
Where have you been man?
Although I did vote you plus 1 for your handle.
Thanks. --But satire nevertheless. Never mind the overwhelming consensus to the contrary. Satire is a swiss army knife: "And China, well they’re truly struggling there just to reach the very modest goal of 7% growth."
That's just stupid sarcasm. Sarcasm is not the same as "satire".
Had it been written by the Onion -- it could have achieved "funny", but that still wouldn't make it "satire".
Satire is a "distorting mirror" used as a weapon against its target. The only targets here are the long-suffering poor and middle-class victims of the Depression.
<<Satire is a technique employed by writers to expose and criticize foolishness and corruption of an individual or a society by using humor, irony, exaggeration or ridicule. It intends to improve humanity by criticizing its follies and foibles. A writer in a satire uses fictional characters, which stand for real people, to expose and condemn their corruption. A writer may point a satire toward a person, a country or even the entire world. Usually, a satire is a comical piece of writing which makes fun of an individual or a society to expose its stupidity and shortcomings. In addition, he hopes that those he criticizes will improve their characters by overcoming their weaknesses.>>
http://literarydevices.net/satire
Bad writers try to hide behind "satire" to try to elevate a stupid joke that badly misfired. If you put some homeless guy in a suit, and sent him over to Hilsenrass's desk, and he successfully replaced that clown for a month and no-one noticed, THAT could be satire. Even better if he replaced Fischer at the NYFed for a month, and the economy improved.
<<The role of satire is to ridicule or criticize those vices in the society, which the writer considers a threat to civilization. The writer considers it his obligation to expose these vices for the betterment of humanity. Therefore, the function of satire is not to make others laugh at persons or ideas they make fun of. It intends to warn the public and to change their opinions about the prevailing corruption/conditions in society.>>
Satire uses irony and nuance for what is at its heart a moral endeavour. It is not a high-brow excuse for bad writing. This was "satire" in the same way bankers throwing coins at the homeless is "satire". It was merely trolling. Hilsenass deserves the shellacking he's receiving. But if they replace him with a new "mouthpiece" because he represented them a little too well on this, and he has to join the unemployment queue, THAT might be ironic. He might even start figuring out how to write satire.
Boom. That just happened.
The story here is why this letter would be allowed to be printed, either by the Fed or the Wall Street Journal.
What I can’t believe is that the WSJ would allow itself to be used like this. You heard it here first, Hilsenrath will not be representing the WSJ ever again.
Oh wait. Hilsenrath is a tribal member. And that makes a difference…
http://www.antonnews.com/greatneckrecord/2007/04/20/obituaries/
http://www.doctor.com/Dr-Joseph_Hilsenrath
The author Kevin MacDonald has called the 20th Century the Jewish Century. In the Culture of Critique he describes how Jewish intellectuals initiated and advanced many of the important intellectual and political movements during the 20th century “that would neutralize or end anti-Semitism and enhance the prospects for Jewish group continuity… Several of these Jewish movements (e.g., the shift in immigration policy favoring non-European peoples) have attempted to weaken the power of their perceived competitors—the European peoples who early in the 20th century had assumed a dominant position not only in their traditional homelands in Europe, but also in the United States, Canada and Australia…the expression of a group evolutionary strategy by Jews in their competition for social, political and cultural dominance with non-Jews.”
We are talking incredible power.
Dr. MacDonald is with the Department of Psychology, California State University, Long Beach.
The WSJ does not jab the establishment, it sucks it.
Perhaps there are some matters that should not be the subject of satire. If your 13-yr old daughter were gang-raped, then burned alive, I doubt you would take kindly to somebody penning a satiric essay about child molestation and human immolation, even if was done in a pithy tongue-in-cheek style.
Even if Hilsenrath's article had been intended as satire, the interesting thing about the virulent reaction to it is that apparently more and more Americans are now feeling, on a gut level, that they have been gang-raped by the elite, and are now caught within a burning pyre fueled by Fed policy.
I think of this as "wink-wink" satire where it is obviously nonsense but he knows people won't get the joke and he wants to see the reaction of people who do get it.
As long as the tribe provides Americans with foodstuffs and porn they will never fight back or demand anything else, and the tribe knows this.
If he's looking for a reaction, the comments on the Wall Street Journal blog will provide it.
http://blogs.wsj.com/economics/2015/06/02/grand-central-a-letter-to-stingy-american-consumers/tab/comments/
Here’s one:
RJ wrote:5:23 pm June 2, 2015
The last shred of respect I had for the WSJ is now gone. The paper is obviously totally out of touch with the ordinary Americans - family and friends - that I see every day. My kid is starting his fifth year working a mandated 31 hours at Home Depot for minimum wage instead of starting a family. He called me one night in tears because he sees no way out of the student debt he accumulated to get his degree. I'm still fuming about the cash I kicked in for his education as well while my 401(K) and that of my wife's are still lower than in 2008. And yet you want us to SPEND?
<<he knows people won't get the joke and he wants to see the reaction of people who do get it>>
Yup - aka "trolling".
I like the funny part where he confuses people getting their tax refunds deposited with savings.
Should CNN be considered a news channel anymore? My vote is NO.
How does that wolf b. Guy sleep at night with all the BS he talks?
Because Wolf is KIKE roach. Lying is in his DNA
They leave no choice but to send terminators back from the future.
May as well send them back to abraham sense they've contributed nothing.
+1000
The Federal Reserve is in it's own little world. A world filled with the academic elitist.
http://www.bloomberg.com/news/articles/2015-06-02/obamacare-insurers-see...
Many of the requests, which span hundreds of insurance plans across dozens of states, seek increases of 10 percent to 20 percent, though some propose far greater hikes. Blue Cross and Blue Shield of Alabama, for example, is asking for a 71 percent rate increase for one plan.
Obamacare is bankrupting the middle class. The Middle Class must pay for the illegal's alien's education and healthcare.
You are right. The economy will never recover with Obamacare in place. It just won't happen. And all that extra Obamacare premium money that goes to the insurance companies gets invested in the stock market, making the bubble even bigger. Obamacare was a bigger, and far more damaging, give away to the top 1% than QE. It is a banker bailout that comes directly out of people's paychecks.
Spend? How? As Stockman already knows, I'm tapped out.
But but but I have been spending. I bought more gas when it was cheap and did a road trip. I bought bullion. I bought Bitcoin. I donated to Wiki leaks campaign to get a copy of the TPP. I supported an emerging 4th party candidate with a donation.I take it Hellsendgoth approves. I'm doing gods work y know.
i bought some DVDs
I bought a cup of coffee a few years back.
Shotshells. Lots and lots of shotshells.
I bought some candy and snacks from the Asian market for work. Whatever the Hell Durion is, you don't want it.
I bought a pair of socks. I think George the first bought another pair, too.
oh, vey.
take the time to check THE COMMENTS SECTION On this article.
very, very interesting. especially like the GUILLOTINE comment.
http://blogs.wsj.com/economics/2015/06/02/grand-central-a-letter-to-stingy-american-consumers/tab/comments/
Aye, lamp posts mentioned too.
Something stinks like jew.
fuck these jooz!
Jon Hilsenrath, your an ass!
Nobody cares what you think.
Your a joker for the Fed. The Fed has stolen wealth from the elderly and middle class, so no money to spend.
Go ask your elitist friends to spend more.
My last contribution of the day. In regards to "I should feel lucky to be an American consumer" and not chinese.
I should feel lucky?
Now, I know what your thinking punk. Did I fire 6 shots or only 5. And to tell you the truth, I forgot myself in all this excitement.
But being that this is a .44 magnum and the most powerful handgun in the world and will blow your head clean off, you've got to ask yourself a question.
Do you feel lucky?
Well do ya punk?
And Jon Hilsenrath says: Hey, I gots to know!
So..im visiting family here in the northeast and was stopped at a Wawa in south NJ ..as im driving home to CT ..
There was a low end hotel across the street and I noticed many young children with backpacks walking into the hotel rooms with their parents...these kids were white too..
"recovery" ?? my ass...
What kind of recovery has able bodied
fuck you WSJ!!
I thought for sure this was a ZH spoof at first... you couldn't have mocked him any better than he does himself.
He does not see himself as being mocked. The imperial city in China had nothing compared to the Fed. They had mere uniques. The FED has willing sycophants.
truth is getting to the sheeple:
https://www.youtube.com/watch?v=j8yvL8zLvq0
All you have to do is get the 4% of the world that's working to join the 96% that are not and you've got your recovery. You can do it.
"We listen to Fed officials all of the time here at The Wall Street Journal...."
That's your first mistake dipshit!
Just exactly where were those alleged zero interest rates (with reasonable terms) found for the ~99% of american consumers?
LOL - after years of life support their "Just Us" system finally died, rigor mortis is setting in and they are trying to spin the blame away from themselves.
sent
---------------------------------------
Sir,
The effort to maintain a savings rate equal to or in excess to the rate of destruction of purchasing power is the Red Queen’s race. "Well, in our country," said Alice, still panting a little, "you'd generally get to somewhere else—if you run very fast for a long time, as we've been doing." "A slow sort of country!" said the Queen. "Now, here, you see, it takes all the running you can do, to keep in the same place. If you want to get somewhere else, you must run at least twice as fast as that!" You and the misguided, malignant policy structure you represent clearly are too remote from reality to qualify for the position you purport to hold. That incompetence is apparently the primary qualification for your managerial class. The Praetorians of the criminal elite. Sincerely,duplicate. drat.
The snark. The glibness. The utter disregard for reality.
I'm convinced this is satire.
<<The snark. The glibness. The utter disregard for reality.>>
Yup. Except that's not what satire is.
From a writing perspective, trolling the Depression poor from the privileged halls of the Wall Street Journal is more like throwing at pennies at bums from a limo. Funny, right?
It's just that people don't tend to expect this kind of sad sarcasm from the WSJ. They're supposed to pretend to respect their shrinking readership.
Since when did the ridiculous abstraction known as "Teh Market" become the real economy?
You didn't build that!
Yeah, if "stingy" means boke, you asshat.
People aren't buying the recovery because they aren't living it! Go to any neighborhood in middle America and see how many cars don't leave the driveway monday morning. Ask the people on those streets how many generations of their family had to move in with them because they don't have a job and can't afford the rent. Ask them if they've borrowed all the equity in their homes to keep up with bills. Ask them how much beef pork and chicken are in the store this year versus last year. Ask them if they use food stamps to buy what they eat. Ask real people real questions about real life and maybe Hilsenrath would have a different view.
Impossible for him to be anything other than what he is. His "oh shit" moment has not arrived as yet.
Interesting.
During the prior depression, Keynes was known to have said that during a downturn, people hoard money, thus causing more people to hoard money.
Perhaps like in the last depression, most people do not have money to hoard either.
Perhaps Keynes has possessed him?
http://www.huppi.com/kangaroo/Causes.htm
http://money.usnews.com/money/blogs/on-retirement/2012/07/17/how-would-k...
The worst is his thick condescension, "let them eat cake" attitude -- who cares if they can't eat correctly, let them take out another car loan!
The Wall St. Journal is to honest financial reporting as the chemtrail is to the baby's breath.
Dear Jon,
STFU and GTFO.
Smells after negative rates, deposit tax.
And that folks is what happens when you suck too much Fed cock.
Hilsenrath , I have dropped turds that sounded better and more respectable than you.
Keelhaul the no good bastard.
2008 So what’s your plan?
Well we just print shit loads of money, and reinflate all the assets. We get the government to also spend like there is no tomorrow and we will increase debt to GDP from 68% to over 100%. That'll help kick start the economy and in 5-6 years time this will all be a distant memory like the 87 crash. Anybody remember the 87 crash - of course not. This’ll work.
So your sure this is going to work?
Absolutely!
What happens if it doesn’t work?
No it will work, trust me!
And your plan B if it doesn’t work?
No need for a plan B, we have this all sussed!
2015
"Pheck the masses aren’t spending, the economy has stalled and will shortly start to crash! What are we going to do? We have no options left! This should have worked. Let me check my figures!"
And that boys and girls how the bureaucrats, the bankers and the politicians finally destroyed America for the next 40 years. (Damn pleased im not an American - they have phecked you over badly. Well get hurt in Australia - but you’ll be smashed)
IMHO some extremely smart players way above the banksters had this totally worked out 30 years ago. Change a few laws, put the tools in place who have their own brand of stupidity that is destined to fail, and let nature take its course. And the nasty cherry on top, they get Obama and probably next Hillary to be president. Then they can turn around and say look what a black man and a woman did to your country. You need a real man to run the show - never forget). It’s misogynist and racist - but it is an observation.
Those players are moving on from the USA to the world, as the final pinnacle of power. You’ll lose reserve currency status by 2020. New world reserve currency backed by US$ Yuan Yen pound and Euro and backed by gold.
<<Anybody remember the 87 crash - of course not. This’ll work.>>
And that showed better use of irony than the article above.
I have a novel idea. This July, in time for Independance Day everyone, you, your friends that you talk to, everyone cash out of all cash bank accounts. Get Cash for all your cash deposits for the month. Got a paycheck, cash it. Got savings? turn it into cash. I am not saying to sell anything, just take all the cash out. This would cause a minor earthquack in the political criminal class. Your cost? what is it today? .023% or something. Mass withdrawels to celebrate the holiday and the month. F em all.
We don't have any fucking money to spend you big pinheaded douchbag.
Oh, and http://www.foaas.com/ Johnny
Buddy, that is some really funny shit. Thank you.
Perfect! I love reuseability.
I've never bought any recovery propaganda. Is there a good market for recovery propaganda, and what is the potential rate of return? Is it a worthwhile investment?
Dear Hilsenrath Bitch,
Please go fuck yourself to a bloody pulp.
With the Utmost Sincerity,
The Management
Only one choice left, TAX non-retirement IRAs savings deposit for individuals and certainly corporates that are hoarding cash...
LMFAO!!!! barry is running out of rope.
fuck you barry!!!
I ignore anyone that can't spell John. But I do read the comments.
Did he really write "the sun shined in April . . . ."?
I would be happy to comsume, how about a few thousand feet of a nice thick hemp rope, cut into 20 foot lengths, nice noose on the end and lets go hunting.
The beatings will continue until the morale improves!
China is struggling to maintain a 7% growth rate. They actually make and build stuff there. He he. I wonder what it is in America.
America has 2 things over China.
1. The FED witch backstops the world financially.
2. The military that keeps world trade functioning and protects the new robber barons. Chinese robber barons included.
Was the use of the word "witch" a freudian slip?
that bloated military is a threat to world trade and it functions to protect its masters . Chinese barons are fine they don't fuck up things in other natiions which USSA do .
"Lucky I'm not a Greek consumer"? Really... I rekon that within 12 months, about 99% of us are going to feel like Greek consumers....
oops, thought this was western rifle shooters blog.
Dear John and the rest of the WSJ staff,
I sincerely hope someone drives ice picks into each and every one of your brains so you die flailing about like fish out of water.
Hugs,
e_
I'm not saving a dime, unless buying every can of beans, box of ammo, and bullion bar I can counts as saving.
I don't see how the people at the Fed can be so bright, and still so stupid. The basis for economic prosperity is trust, which is based on honesty. QE makes economic data dishonest and untrustworthy. How can something so clear be so obscured in their minds?
BTW -- ditto for derivatives.
Ditto for high frequency trading.
I am not aware of a single government that has collapsed due to deflation of the money supply. I can name dozens of governments that have collapsed from inflation of the money supply.
Hilsenrath - you will be beaten in the street.
NSA is afraid of EMP... end of real time data.
I hope you people realize that Jon is just being satirical here. He understands the cause of all the problems. I'm surprised you people don't see the sarcasm in this article. Give him a break....he's on your side!!
Sincerely,
Jon Hilsenrath's mom.
PS. And he's always been such a nice and honest kid.
Where does one go to get a job like his, as the "unofficial and yet reliable" mouthpiece of the FED? Does one need special skills and connections?
Start out as a male fluffer and work *swallow* your way up ?
Tyler, cant you take a joke? Its a joke Tyler.
NoNoNo JoJoJo, that ain't no joke. It's a kick in the face to the ones that are down on the ground, and then piss on them too.
He is only addressing what is left of the middle class. Millionaires have been spending and the EBT crowd spends every dime they get.
We know the velocity of money is at record lows.
We know Central Banks are printing trillions that is not boosting the real economy.
We know the rich are getting richer while real wages are stgnating for the majority.
We know the rich have so much already they cannot increase their consumption.
It is probably safe to assume the rich are effectively tucking away the trillions printed by Central Banks by investing in assets and sticking the rest in tax havens.
Central bank trillions to dead money in one step.
The real question is how to get the dead money out of tax havens and into the global economy.
This problem of not spending enough is easy to solve. All it needs is a new Law that states that every Household has to spend so much per month. A sum of say $4000-00 per month minimum would solves this. Those who refuse to spend this much will first be fined and if not following this new Law will be send for re-education Camps to learn the hard way. Problem solved
Is that,...like,...fun camp?
After browsing the WSJ comments it occured to me that this asshole may have done us a favor. Things may be a little spicier around the watercooler today.
Does anyone actually read that bird cage liner of a "newspaper" anymore?
This guy just needs a high five... in the face... with a chair.
Still Hording Gold and Silver, Guns and ammo. I need a 1611 Bilble now...
That 1611 KJ has the apocrypha. It was later removed. Good reading - all of it - just the same
Dear Wallstreet people,
We are saving our money in order to spend it on some nice looking guillotines from France.
Regards,
The -previously- American middle class.
Fox has been running this shit all week about the faithless recovery. It's our damn fault, everhthing is fine, move along now, but do NOT ask questions. Especially about the super secret trade pact that will cost more US jobs, massive increases in insurance premiums coming or where Hillary got her money. Sheeeitttttt
Fuck you.
the comments on the WSJ page are fantastic...ZH worthy
how much do they pay this turd? "the sun shined in April"? the past tense of "shine" is"shone" the sun shone in April-i learned thatin elementary school!
anyway, these people need to get out of the NYC-DC clusterf#ck andfind out what's going on in the real world.
btw, taxes paid to fed gov continue at record levels.
I'd say the biggest reason is that there's nothing good to buy. Everything new falls apart in a year, so what's the point of spending money on it? I'll just keep the broken crap I already have and save the money.
PG&E has found a way to empty my wallet every month without raising rates (hint: just make sure everyone hits the fourth tier rate). Obamacare is going to steal anything remaining. The state keeps passing new taxes. So by the time all the parasites have been fed, there's nothing much remaining.
Washington is in such a state of corruption that the only rational purchase seems to be guns and ammo. But there is no ammo, so scratch that off the shopping list too.
But there's a tectonic shift taking place in the economy that the courtesan media, like WSJ, can't see. They are too busy finding things to like about the status quo to be able to see what's really happening. The world is bifurcating into two camps. The Facebook zombies continue to watch mindless TV, play video games, post pointless crap on FB, eat GMO food, buy Crapple iPhones, waddle off to their corporate jobs and keep their cheeks spread wide to allow the corporatocracy easy access. They are being inserted into the Matrix for total destruction.
Those of us who matter, and who will survive the ongoing collapse of Western civilization, are moving off-grid. We are buying local, with cash, from people who look us in the eye. We are investing our wealth in cash hoards, tools and the equipment we are going to need in the future. We keep our money out of the banks, our income under the table. We grow our own food and talk to our neighbors. We are invisible to the courtesans at WSJ, being considered hillbillys and rednecks. WSJ is going to follow the FB zombies off the cliff. They aren't going to matter for much longer, but the hillbillys, rednecks and other malcontents will survive and thrive.
Chopped up my c.c. and use only cash now...but I don't buy much that isn't food.
Starve the monkeys.
The old in Amerika get older every day and spend less by extension (until just before they die in a corporate hospital of course).
The young in Amerika get more and more in debt every day, with no raises or new opportunities (or any job often times).
But the economists at the WSJ and FED don't know this? Of course they do.
In the end, isn't his article just an attempt to shift the blame and make an excuse? So who are THEY getting pressure from? What's inspiring this I wonder?
Agreed; this is a warning and looking for the scapegoat...if they don't get one when it is revealed that they have failed (lost total control); I suspect we will see a major "false flag" larger than their 9/11 abomination...killing kids at daycare among others and planning it for weeks and months, then blaming it on a person living in and out of caves on dialysis, Osama Bin Laden.
-----------------------------------
Then, in an act of psychotic behavior, they give us a President as a mockery that combined the names of Saddam Hussein and Osama Bin Laden, renamed Barack Hussein Obama..sick people, very sick indeed.
I liked this comment:
From Ya.
Ya know, the more you read these kinds of comments, the more think almost everybody else is thinking the same thing. And the more you think almost everybody else is thinking the same thing, the more you think pretty soon somebody is gonna do something.
They are gonna do something bad.
Something baaaaaaaaaaaaaaaaaaaaaaaad.
That pesky and dying middle-class, the barrier to the One World Economic System, that Obama was hired to dismantle and he has done the job. The FED knows this and this mouth-piece they put out there is to their shame, not ours. They just need to die and fade away and let Americans do what we do best; make the world a better place!
--------------------------------------------------
Perhaps Mr. Hilsenath and the FED "officials" could go to a local hospital and tell the paraplegic to stand up and get out of the hospital because they are taking up too much space and not working.
comments section to the WSJ Letter disabled, but other older WSJ articles, still allow comments.
seems some of the more agressive comments were deleted also.
only 137 comments at WSJ, 9 pages here.
imagine that.
which website gets more national traffic, ZH or WSJ?
I would love to know what the fokks at WSJ are thinking about this.