The discounting of commercial paper by commercial bankers and the re-discounting of that paper by Federal Reserve district bankers is a major aspect of commercial banking under the Federal Reserve system. When commercial paper discounting is on the decline, so too is the economy.
Over at the True Dollar Journal, you can see the true state of commercial paper. Checkout WEEKLY COMMERCIAL PAPER REPORT FAILS TO SHOW ANY MEANINGFUL RECOVERY.
That no one else has reported this reveals no one else understand economies and commerce. And clearly, those who have failed to report this don't understand commercial banking.