Algo prop crew made up most of the reality loses though. It never stops.

FOMC Saw No Needs To Ease Unless Growth Slows
Submitted by Tyler Durden on 04/03/2012 - 14:03 Gross Domestic Product headlines Market Conditions Monetary Policy Recession Russell 2000 Unemployment
So much for the Hatzius and Hilsenrath prognostications. Headlines coming in:
FOMC SAW NO NEED TO EASE ANEW UNLESS GROWTH SLOWS, MINUTES SHOW
MOST FOMC PARTICIPANTS SAW `LITTLE EVIDENCE OF COST PRESSURES
FOMC PARTICIPANTS SAID LABOR MARKET CONDITIONS HAD IMPROVED
MOST FOMC PARTICIPANTS EXPECTED INFLATION RATE AT 2% OR LESS
MANY FOMC PARTICIPANTS SAW `EASED' STRAINS IN GLOBAL MARKETS
MOST ON FOMC SAW TEMPORARY IMPACT FROM RISING OIL, GAS PRICES
FOMC SAID SIGNIFICANT OUTLOOK CHANGE COULD ALTER 2014 RATE PLAN
Apparently $4 gas has an impact.
http://www.zerohedge.com/news/fomc-saw-no-needs-ease-unless-growth-slows

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.