along with gary gensler we now know that these guys are lockstep marching to the tune set by the banking industry that they're supposed to oversee but this sober manipulation fact is the inverse of the live bore interest rate manipulation library interest rate manipulation its chief purpose is to support the us dollar by allowing for trillions of dollars worth of on collateralized nonsensical paper pulled out of ben bernanke spanked or to support the balance sheet system of banking which is worth exactly zippo the inverse of that is so over and gold which would put the kobashi on these terrorists as i call them in a it's an apt term the. the all laws that would be applied toward terrorists should apply toward. jamie diamon but you have the situation stacey of the silver vigilantes are up there we will try and that's why i've got my silver here now you mention the word vigilante and of course because the regulators the department of justice those who are supposed to enforce the law will never find evidence they they didn't find evidence when lloyd blankfein sat in front of congress sat in

doesn't know what's going on jamie knows by masters now gary gensler head of the c.s.t. senos bar chilton doesn't know what's going on just same through the box office futures contracts he was lobbied by the m.p.a. to outlaw boxoffice future. contract's i knew about it because i knew about cantor entertainment the spin off of cantor fitzgerald i've got more better sources than bart shelton who's a long haired blonde bimbo who goes on t.v. pretending as though see if you see as a regulator of some sort in the guise of complete you know waste of time this is why this show like kaiser report is so dangerous because you prompted this headline you forced j.p. morgan right after they mention you not by name they immediately after say in an interview in april with c.m.t. c blith masters head of commodities trading at j.p. morgan denied any of the silver manipulation story so of course they go on to you know bimbo t.v. like c m b c where you know the male audience is going to be distracted by the boobies on display and not know the truth as they are going to find here you know t

own is that it funny that the guy who's the head of the commodities futures trading commission gary gensler was also a guy from the goldman sachs gang and under the tutelage of course zine when he was the c.e.o. of the goldman sachs gang it's one big club and we're not in it let's call it what it is it's the merger of state and corporate powers call fascism and under a fascist regime the little people. gets slapped down it will and all the guys at the top of the chain the the the mafia the banking mafia and the the political dawns they all get a free ride how much more proof do you need again go outside the banking industry look at glaxo smith kline look at merck look at johnson and johnson have you seen one head were all oh yeah the government collects money so they could pay their guys and keep getting more money to keep their game going and none of the big heads roll oh and by the way if you get caught stealing that chicken sandwich three then it's streets strikes you're out and now you have to live with some guy that got caught selling you know now and so we so let's put this into persp

which is a massive violation of regulation and has rocked the confidence in these markets here's gary gensler chairman of the commodities futures trading commission talking about it it's with these critical markets futures markets and ultimately in the swaps market as well the customers need to be able to hedge the risk lock in the price of corn or wheat or an interest rate. so these are incredibly important and when it comes to swaps part of dodd frank was supposed to be moving over the counter swaps to regulated exchanges so that they are at these dark opaque deals and it's taking what seems like forever regulators just recently decided on what the definition of a swap is now our guest has been involved in all s. aspects of credit trading so i want to ask him how significant would it be to restoring faith in the financial system and reigning in massive risk taking if this transition occurred or had occurred much earlier let's bring back peter chair founder of t.f. market advisors and i'm really glad to have you want today because this conversation is going on up on the hill about swaps in t

i am pleased to introduce our first panelist, chairman gary gensler, certainly no stranger to the committee. and we welcome you back. prior to the service on the cftc, chairman gensler served in several positions and the treasury department and before that had a very successful career i the private sector triet so we appreciate you being here and our second panelist is joseph summers is a member of the commodities futures trading commission and as well no stranger to the committee and has been selected by her colleagues to serve as the senior commissioner in charge of mf global related matters. previously served as head of government affairs for the international swaps and derivatives association and worked in the governmental affairs for thechicago mercantile exchange. we welcome you back and look forward to hearing about the progress of your efforts. and, certainly james giddens, and we welcome you back to the committee and appreciate your efforts serving as a trusee for the securities investment prection act liquidation of mf global. in an that role, you have charged in part with the tas

i am pleased to introduce our first panelist, chairman gary gensler, certainly no stranger to the committee. and we welcome you back. prior to the service on the cftc, chairman gensler served in several positions and the treasury department and before that had a very successful career in the private sector triet so we appreciate you being here and our second panelist is joseph summers is a member of the commodities futures trading commission and as well no stranger to the committee and has been selected by her colleagues to serve as the senior commissioner in charge of mf global related matters. previously served as head of government affairs for the international swaps and derivatives association and worked in the governmental affairs for the chicago mercantile exchange. we welcome you back and look forward to hearing about the progress of your efforts. and, certainly james giddens, and we welcome you back to the committee and appreciate your efforts serving as a trustee for the securities investment protection act liquidation of mf global. in an that role, you have charged in part with th

i am pleased to introduce our first panelist, chairman gary gensler, certainly no stranger to the committee. and we welcome you back. prior to the service on the cftc, chairman gensler served in several positions and the treasury department and before that had a very successful career in the private sector triet so we appreciate you being here and our second panelist is joseph summers is a member of the commodities futures trading commission and as well no stranger to the committee and has been selected by her colleagues to serve as the senior commissioner in charge of mf global related matters. previously served as head of government affairs for the international swaps and derivatives association and worked in the governmental affairs for the chicago mercantile exchange. we welcome you back and look forward to hearing about the progress of your efforts. and, certainly james giddens, and we welcome you back to the committee and appreciate your efforts serving as a trustee for the securities investment protection act liquidation of mf global. in an that role, you have charged in part with th