When people started howling, "This is the worst thing I've ever seen, " it actually was true.

WSJ: Jason Gay: What Every Basketball Fan Will Miss About Butler

This is the worst thing that has ever happened to me and I will never forget this so long as I live.

BBC: The survivors' stories

"Despite the fact this is the worst thing we'll ever go through in our lives, I've been really humbled by the support of the Australian public, the tireless efforts of the police and all the friends and family who put their lives on hold to help us out, " he said.

BBC: Jill Meagher murder: Man appears in Melbourne court

"The very worst thing you can do is fall for this trick by clicking on the attached file, " he said.

CNN: Sasser worm rips through Internet

Probably the worst thing about all of this is that the Fed itself has been using this distorted metric to argue for easy money, claiming in several recent FOMC statements that there is subdued risk of inflation partly because the inflation expectations are low.

FORBES: Why Interest Rates Tell Lies About Inflation, Growth And Just About Everything Else

Senator MCCAIN: And the worst thing we can do in this bad economy, and it is a bad economy, is to raise people's taxes.

NPR: McCain Calls For Financial Crisis Commission