Let them eat iPads

See why Anonymous is right? We need to shut down the Fed:

New York Federal Reserve President William Dudley on Friday tried to calm people’s nerves about rising food prices by reminding them that other products — like iPads — are getting cheaper.

“Today you can buy an iPad 2 that costs the same as an iPad 1 that is twice as powerful,” Dudley said in Queens, Reuters reports. “You have to look at the price of all things.”

But better iPads don’t put food on the table, audience members reminded him. “When was the last time, sir, that you went grocery shopping?” one person asked. And, perhaps most succinctly, another told him, “I can’t eat an iPad.”

5 thoughts on “Let them eat iPads

  1. I really should write Mr. Dudley and ask him why I should buy an iPad if I don’t have the money to pay my rent and keep from getting evicted.

  2. So we should be handing out iPads at the homeless shelters? I don’t understand how this would meet any of their needs. Do they generate much heat?

    I may have mentioned more than once in comments that the Fed should be abolished for several reasons. They are not part of the government, they are a collection of central bankers formed into a privately held corporation. There *is* a fed board of governors appointed by congress, but the list of applicants is vetted by the bankers. Although they are not of the government, they do control the government and the money supply. Every recession, every depression, every war, and several presidential assassinations for the last few hundred years has been orchestrated by these ruthless, greedy overlords. They have changed names over the generations, but they are still the money changers of old.

  3. This Dudley guy really believes that he is the rational, thoughtful one who sees the accurate big picture. No clue that like everyone else he is a product of his situation.

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