Graziano family labels Hulk Hogan, his wife, and son Nick Hogan as "phonies and two-faced individuals"

The Graziano family issued a press release on Tuesday in response to the taped phone conversations between Hulk Hogan, Linda Hogan and jailed son Nick Hogan. "They don't care a bit about my son, all they are doing is planning a party," Debra Graziano writes.

"...If Terry Bollea cared about John Graziano, he wouldn't be blaming his semiconscious state and his life long battle to survive as bad karma. If Nick Bollea cared about John Graziano, he wouldn't be describing him as a negative person. These people are the biggest phonies and two-faced individuals that I've ever seen."

Ed Graziano added: "The reason (Nick) was put in jail was to think about my son. That's the last thought on his mind. It's obvious all he's thinking about is how he can make the most money." To read the full press release, visit TMZ.com.

Powell’s POV: It's hard to argue with anything the Grazianos had to say. I'm sure there will be some grown up Little Hulksters who can't let go of their childhood and will attempt to spin this, but there's no defending some of the things the Hogans have said as far as I'm concerned. One can only assume that the Hogans cost themselves millions in the civil lawsuit, not to mention the fact that they have created a public relations nightmare.