Not AAA https://www.iwatchnews.org/2011/06/17/4924/cftc-watchdog-flunks-review-cited-sloppy-procedures
hmmm...interesting article, Lochsa.
Quite a vicious circle--
CFTC can't regulate properly (partially because they are poorly funded). Therefore, we should decrease their funding. That should help. For crissakes, they are expected to up their regulatory role AND do it with a 15% budget cut, when they can't even handle the role they have now? TPTB obviously do not want the CFTC to be able to oversee SH&%. Look at the Brooksley Born "warning" and see how much historical respect and backing congress and the bankers have for the CFTC.
I have little faith in the CFTC but I do not think that this is not going to help.
I'm with ya Dig no voice of reason allowed https://www.youtube.com/watch?v=iUv4hp3hKxs
Thank god we got rid of those guys, eh? We surely got rid of them didn't we? Guess not. Oh, well. Go free markets! Go! I wish the same lassez-faire attitude made their way to CME margin increases in the silver market...