Celente: “Eric, I really want to stay on this CFTC thing. First of all, the probe — that it ended without charges, it wasn’t even covered in the New York Times in their business section. And it was in the back, on Page 22 of the Financial Times. But I want to read you this quote by (CFTC Commissioner) Bart Chilton, “Our manipulation standard remains too high a hurdle for regulators to overcome. Not enough bad actors are being punished.”
He (Chilton) is the guy who was heading (or working on) the probe (at the CFTC along with others)….
“Now I want to just break that (quote from Chilton) down: “Our manipulation standards remain too high.” No, the laws are made to give the big guys a ‘get out of jail free card.’ And (as for his comment) “Not enough bad actors are being punished” — These aren’t actors. These are people who are robbing the livelihoods of people!
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