Blind Ass FOMC Didn't Realize How Bad It Was Out There
August FOMC minutes are here and boy what a yawner. Here's a winner from them:
The information reviewed at the August 10 meeting indicated that the pace of the economic recovery slowed in recent months and that inflation remained subdued. In addition, revised data for 2007 through 2009 from the Bureau of Economic Analysis showed that the recent recession was deeper than previously thought, and, as a result, the level of real gross domestic product (GDP) at the end of 2009 was noticeably lower than estimated earlier.
Hey asshats, you know you guys are supposed to use the REAL data and not that fake crap you spit out to appease the ignorant unwashed masses, right? Obviously not.
For more yawntacular awesomeness check out the rest via the Board here. I'm still not impressed.