Not that they are to be ignored, but technically a sound argument can be made as to why they are not tied to the core rate of inflation. Obamma and the fed are just using this as political cover, hoping for some relief in six to ten months, and with QE2, that sure ain't gonna happen.
That's the crux of the issue: people understand the ramifications of QE2, but they are casting-about for reasons inflation hasn't shown up in the figures yet.
So they gravitate toward shyster outfits like shadowstats, that do yeoman's work spreading the "controversy" because it gets them subscriptions.