11-13-2011, 01:28 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Quote:
Originally Posted by nation-x
Goldman Sachs controls the commodities market...
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http://www.cftc.gov/IndustryOversigh...mits/index.htm
They are supposed to be regulated in part by the Dodd-Frank Act. Maybe, substitute "strongly influenced" they may control "ownership" by the use of different entities both known and unknown; effectively circumventing any limits -- historically these limits have been selectively enforced ...
This is what the OWS and their mythical "1%" are about. However, these ideas cannot be condensed to a four word slogan. Probably few of them understand the concepts in the above and are able to articulate them.
The government (the administration, congress and the judiciary), do not want these things understood to well by the general public as this understanding would not be beneficial to the speculators (their political contributors?) -- the government might have to really enforce their own rules.
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