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The Farce Is Complete: Blythe Masters Joining CFTC

Tyler Durden's picture





 

We thought today's newsflow and "market action" ranked pretty high on the absurd surrealism scale. And then we saw this.

  • BLYTHE MASTERS TO JOIN CFTC GLOBAL MARKETS COMMITTEE
  • JPMORGAN’S BLYTHE MASTERS TO JOIN CFTC ADVISORY COMMITTEE
  • CFTC SPOKESMAN COMMENTS ON BLYTHE MASTERS JOINING COMMITTEE

That's right - you read it correct: "Blythe Masters, head of JPMorgan Chase & Co.’s commodities division, is joining an advisory committee of the U.S. Commodity Futures Trading Commission, said Steve Adamske, a spokesman for the regulator. Masters, 44, was invited by acting Chairman Mark Wetjen to sit on a global markets committee at the Washington-based regulator of futures and swaps, according to a person with knowledge of the matter. Masters is scheduled to participate in a CFTC meeting on Feb. 12 to discuss cross-border guidance on rules, the person said."

Ok - ignore, if you will, all alegations about Blythe Masters "interventions" in the precious metals markets.

But don't ignore Blythe's CNBC interview in which the soon to be former JPMorganite said, days before the London Whale fiasco was exposed and so were JPM's attempts to corner the bond market, that JPM has "offsetting positions. We have no stake in whether prices rise or decline. Rather we're running a flat or relatively flat matched book" - a statement that was a bold faced lie, and was followed up with "what is commonly out there is that JPMorgan is manipulating the metals market. It's not part of our business model. it would be wrong and we don't do it."

No, Blythe had much greater manipulative ambitions, namely becoming the next Enron, which we learned after than the FERC fined JPMorgan - and the group ran by Blythe Masters - for manipulating electricity prices in California and other states.

Fast forward to today when we learn that this certified commodity market manipulator just got a job with none other than the head commodity regulators in the US?

In other words, you too can get a job at the CFTC if only you can answer yes to the following two questions (h/t Manal):

  • Has your bank manipulated energy markets under your watch, and
  • Have you been found guilty of commodity price manipulation

We could ask what Elizabeth Warren would think about this hilarious rotating door out of the most punished for its legal transgressions bank - with about $25 billion in legal fees, expenses and settlement charges - the same Warren who earlier today was parading with pandering populism at the Senate hearing, as a result of which nothing would change...

 

... but we won't. Because as we noted: nothing will ever change. Actually correction - now it will be Blythe Masters on top of the one regulators that is supposed to enforce a fair, honest and efficient commodities market.

It's almost as if they are explicitly telling the handful of people who still care about this entire charade a resounding "fuck you."

 


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Thu, 02/06/2014 - 17:53 | Link to Comment buzzsaw99
buzzsaw99's picture

OMFG I'M SO SHOCKED /end sarcasm

Thu, 02/06/2014 - 17:58 | Link to Comment kliguy38
kliguy38's picture

"and they dare call it a conspiracy".....bwaaaaaaaaa

Thu, 02/06/2014 - 18:00 | Link to Comment DoChenRollingBearing
DoChenRollingBearing's picture

Physical gold & silver.

Thu, 02/06/2014 - 18:04 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Short the Onion, because no one could make this shit up if it is true.

This is nothing short of an open declaration of war on anyone who believes silver (or anything inherent value) > paper fiat.

Thu, 02/06/2014 - 18:04 | Link to Comment knukles
knukles's picture

So much for any gold and silver manipulation investigations making it to US shores
Jamie's Inside Job

Thu, 02/06/2014 - 18:05 | Link to Comment SilverIsKing
SilverIsKing's picture

She is the best person for the "job."

Thu, 02/06/2014 - 18:08 | Link to Comment Thought Processor
Thought Processor's picture

 

 

And the Human Race has just gone Full Retard.

 

Nice job people.

Thu, 02/06/2014 - 18:11 | Link to Comment SafelyGraze
SafelyGraze's picture

corzine for president

Thu, 02/06/2014 - 18:22 | Link to Comment Keyser
Keyser's picture

Yep, no need to hide the manipulation any longer, so they thumb their nose at investors and give us a hardy hi-ho and a fucku2. 

Thu, 02/06/2014 - 18:26 | Link to Comment john39
john39's picture

The Onion once again relegated to redundancy by the "real" world.

Thu, 02/06/2014 - 18:25 | Link to Comment Four chan
Four chan's picture

id like to see her naked shorts, now that naked shorting is fully backed by the culprits.

gold to zero?

Thu, 02/06/2014 - 18:35 | Link to Comment nope-1004
nope-1004's picture

PROOF WE HAVE ZERO REGULATION and 100% MANIPULATION.

F'n witch.

 

Thu, 02/06/2014 - 18:36 | Link to Comment tickhound
tickhound's picture

It's like promoting Tony Soprano to NJ State Police Chief.

Thu, 02/06/2014 - 18:44 | Link to Comment john39
john39's picture

in truth, its probably a positive development if true.  the system is crushing itself.  when the level of fraud reaches ludicrous level, the game is almost over.   I'm not sure what these criminals have planned, but it must be something awful if they think than can shove this down the population's throat. 

otherwise, they have gone mad to the extent that they can't even see the danger to themselves building...

Thu, 02/06/2014 - 18:50 | Link to Comment 666
666's picture

News like this used to shock me and get me upset. Now I've gotten used to the massive corruption in the USSA and would be more surprised to find out she was punished instead of rewarded.

Thu, 02/06/2014 - 18:59 | Link to Comment HyBrasilian
HyBrasilian's picture

I'd still f*** her in the @ss [with fonestar's dick]...

 

Then again ~ that might not hurt too much.

Thu, 02/06/2014 - 19:23 | Link to Comment AL_SWEARENGEN
AL_SWEARENGEN's picture

So Elke Koenig and Blythe Masters will be going head to head?  That would be interesting.  Or maybe the Lipstick Mafia has already got to them both.

Thu, 02/06/2014 - 19:47 | Link to Comment HoofHearted
HoofHearted's picture

You people have it all wrong. They got the biggest criminal out there to investigate the criminals because she knows all the criminal tricks. 

Nope, can't even write it with a straight face. Wouldn't pass my smell test...

Thu, 02/06/2014 - 20:08 | Link to Comment Supernova Born
Supernova Born's picture

Suppression is a gift for those wise enough to avail themselves of it.

Thu, 02/06/2014 - 20:14 | Link to Comment sunaJ
sunaJ's picture

I seem to be having trouble finding the source for this?  Took a spin around the business media and didn't see anything.  All the links to this post are to the same or older ZH posts.  Tyler? 

 

Thu, 02/06/2014 - 22:32 | Link to Comment rocker
rocker's picture

Type her name on YouTube and it's the first one up. She does reference recent events of JPM in 2013 in video.  

Can't be that old. YouTube put up today. Surely, you understand the present media outlets are paid to shun her.

Thu, 02/06/2014 - 23:19 | Link to Comment Soul Glow
Soul Glow's picture

Blythe - derivative manipulator extreme - the name will forever live in infamy.

Thu, 02/06/2014 - 23:25 | Link to Comment macholatte
macholatte's picture

 

 

 

“Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.”


-- Benjamin Franklin

 

Thu, 02/06/2014 - 23:26 | Link to Comment Soul Glow
Soul Glow's picture

I'll have a beer.

- Ben Franklin

Thu, 02/06/2014 - 23:36 | Link to Comment Big Slick
Big Slick's picture

Elizabeth Warren - There is nobody in this country who got rich on his own. Nobody. ... You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did. Now look, you built a factory and it turned into something terrific, or a great idea. God bless. Keep a big hunk of it. But part of the underlying social contract is, you take a hunk of that and pay forward for the next kid who comes along.

Fri, 02/07/2014 - 01:16 | Link to Comment eatthebanksters
eatthebanksters's picture

To Elizabeth Warren:  Isn't that why I pay taxes?

Fri, 02/07/2014 - 03:22 | Link to Comment fuu
fuu's picture

Fuck you Blythe!

Fri, 02/07/2014 - 07:43 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

 

"By the pricking of my thumbs, something wicked this way comes."

Fri, 02/07/2014 - 08:47 | Link to Comment kralizec
kralizec's picture

Rough beast slouching...

Fri, 02/07/2014 - 08:14 | Link to Comment Lumberjack
Lumberjack's picture

Blythe Masters, Queen Bee of the Carbon Tax:

 

http://www.epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileSto...

 

 

 

Fri, 02/07/2014 - 09:06 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

Bitch gets around.

Fri, 02/07/2014 - 07:53 | Link to Comment samcontrol
samcontrol's picture

who is the only idiot giving down arrows just for the fuck of it ?

Fri, 02/07/2014 - 08:15 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

 

We call him the lone junkster.

Thu, 02/06/2014 - 19:21 | Link to Comment WillyGroper
WillyGroper's picture

Kinda telling the placing of females in these positions.

The big setup.

Can they keep it going until the Hill gets voted in?

Thu, 02/06/2014 - 23:30 | Link to Comment Soul Glow
Soul Glow's picture

I agree in the cases of Hillary, LaGarde, and Ol' Yeller.  With Blythe it is more of a matter of her behind the scenes skills.

Thu, 02/06/2014 - 23:32 | Link to Comment MisterMousePotato
MisterMousePotato's picture

All these comments below? (It's like Tony Soprano being made Chief of the New Jersey State Police, etc.?)

Uh ... anyone ever hear of Timothy Geitner? Charles Rangel? Marion Barry? Alcee Hastings?

Give me a break.

Fri, 02/07/2014 - 01:16 | Link to Comment eatthebanksters
eatthebanksters's picture

I'd still bang her if I was wearing my beer goggles...

Fri, 02/07/2014 - 01:27 | Link to Comment Crash Overide
Crash Overide's picture

So wait this is the start of the take down right? The one where Blythe & JPM are guilty of many crimes and the DOJ knows it so they put her on the CFTC board to you know tell them exactly what has been going on so they can unwind this thing and free the market and end the manipulation so all can trade freely in such a glorious manor right...? Please tell me it is so...? Scumbag bankers going to jail soon...?

I mean this is so crazy it has to be unicorns right?

Fri, 02/07/2014 - 04:00 | Link to Comment limit_less
limit_less's picture

Crash - I think your words are worth repeating

"they put her on the CFTC board to you know, tell them exactly what has been going on so they can unwind this thing "

Thu, 02/06/2014 - 19:22 | Link to Comment tickhound
tickhound's picture

This appointment isn't a "development" .. Nor is it a sign of the times. This is TYPICAL. This IS how things work. This is how things are done. It's FAMILY.

Thu, 02/06/2014 - 23:48 | Link to Comment Lore
Lore's picture

Inside humor: Name cards that begin with "Honorable."  HAHAHAHA!

"How Did It Come To This?"

Thu, 02/06/2014 - 18:43 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

This just in, Tony Soprano promoted to NJ State Police Chief.

Fri, 02/07/2014 - 08:08 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

Does this mean the CFTC will be conducting human sacrifices in public now?

Thu, 02/06/2014 - 18:42 | Link to Comment Muddy1
Muddy1's picture

@Four Chan,

Speaking of naked shorts,

Thu, 02/06/2014 - 18:26 | Link to Comment TeamDepends
TeamDepends's picture

May the farce be with you

(like a cheap fucking suit)

Thu, 02/06/2014 - 18:26 | Link to Comment machineh
machineh's picture

Bernie Madoff for Treasury secretary!

Every man a billionaire (on paper).

Thu, 02/06/2014 - 20:53 | Link to Comment Al Gorerhythm
Al Gorerhythm's picture

Corzine for Treasury Secretary.

Fri, 02/07/2014 - 01:54 | Link to Comment prains
prains's picture

Please don't forgert Blythe is a stand in Bum model for Warren at photo shoots.

Thu, 02/06/2014 - 18:21 | Link to Comment Dr. Engali
Dr. Engali's picture

And you never go full retard.

Thu, 02/06/2014 - 18:30 | Link to Comment NoDebt
NoDebt's picture

Forget full retard.  I'm going full-long on EVERYTHING.  These fucking bastards are NEVER going to lose control of this.  I'm putting my money the same place they're putting theirs.  It'll help offset the ass-raping I take on everything I have to buy at the store or the gas pump (commodities of all kinds).

Thu, 02/06/2014 - 18:29 | Link to Comment f16hoser
f16hoser's picture

YOU'VE GOT TO BE FUCKING KIDDING ME? FUCK ME SIDEWAYS!

Thu, 02/06/2014 - 18:34 | Link to Comment NoDebt
NoDebt's picture

Remember the Seinfeld episode where George starts doing everything that's the OPPOSITE of what he thinks he should do... and becomes wildly successful?

Like that.

Thu, 02/06/2014 - 18:40 | Link to Comment TeamDepends
TeamDepends's picture

Can you imagine being her wife?

Thu, 02/06/2014 - 20:10 | Link to Comment NoDebt
NoDebt's picture

I can't even imagine that circle of hell.

Fri, 02/07/2014 - 13:24 | Link to Comment DYS
DYS's picture

Would smash.

Thu, 02/06/2014 - 19:07 | Link to Comment Kassandra
Kassandra's picture

Just when I think it can't get any weirder...it does.

Fri, 02/07/2014 - 08:16 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

I'd call Dr. Hunter S Thompson for advice....but it got so weird for him he committed suicide.

Fri, 02/07/2014 - 03:56 | Link to Comment limit_less
limit_less's picture

This is good news.

These guys have run out of puppets to put in these positions.

Either they cant find people that will sell out to get ahead

or

They cant find anyone they trust anymore.

Either way, when they are forced to take these public positions they become more exposed

Which has to be a good thing.

Having said all that it could also mean that it does not matter what anyone thinks anymore, they have become gods among men...

Thu, 02/06/2014 - 18:26 | Link to Comment TruthInSunshine
TruthInSunshine's picture

Garbage man, bartender, lawyer… CFTC commissioner? Meet Mark Wetjen

By Brian Scheid | July 22, 2011 12:43 PM

He’s worked as a garbage man, lawyer and bartender, but despite being called one of the most popular aides in the US Senate, little is known away from Capitol Hill about the man who will likely become the Commodity Futures Trading Commission’s newest commissioner.

Anyone that had hopes for revealing insight on Mark Wetjen, Obama’s pick to be the next CFTC commissioner, during this week’s Senate confirmation hearing was probably left somewhat disappointed.

http://blogs.platts.com/2011/07/22/garbage_man_bar/

Thu, 02/06/2014 - 19:09 | Link to Comment walküre
walküre's picture

He's one of us /sarc

Thu, 02/06/2014 - 20:18 | Link to Comment Race Car Driver
Race Car Driver's picture

Study. You too can be wildly successful.

Thu, 02/06/2014 - 19:00 | Link to Comment Whalley World
Whalley World's picture

Actually, she would be an awesome spokesperson for Tepco. What radiation?

Fri, 02/07/2014 - 02:51 | Link to Comment Kelley
Kelley's picture

Excellent use of quotation marks.

Thu, 02/06/2014 - 18:27 | Link to Comment texas sandman
texas sandman's picture

So, if she married Norman Bates she'd be Blythe Masters- Bates. Would she be hands on?

Thu, 02/06/2014 - 19:51 | Link to Comment logicalman
logicalman's picture

Might be a few other 'jobs' happening!

 

Thu, 02/06/2014 - 18:13 | Link to Comment F.A. Hayek
F.A. Hayek's picture

If I worked at The Onion, I would post this real story as a parody - now that would be some funny shit!

Fri, 02/07/2014 - 08:19 | Link to Comment GetZeeGold
GetZeeGold's picture

 

 

 

Like anyone would believe that...

Thu, 02/06/2014 - 19:16 | Link to Comment Cursive
Cursive's picture

@TiS

Speaking of The Onion, I think the Tylers may have inadvertantly disclosed why Blythe Masters is where she is

now it will be Blythe Masters on top of the one regulators

Thu, 02/06/2014 - 18:04 | Link to Comment jcaz
jcaz's picture

This chick is fuckin' Lucifer- can't even burn her at the stake...

Thu, 02/06/2014 - 19:16 | Link to Comment HyBrasilian
HyBrasilian's picture

We'll build a bridge out of her!

Thu, 02/06/2014 - 19:32 | Link to Comment Greenskeeper_Carl
Greenskeeper_Carl's picture

So if she weighs the same as a duck??....

Thu, 02/06/2014 - 19:41 | Link to Comment The 22nd Prime
The 22nd Prime's picture

“She turned me into a newt. But I got better...”

Thu, 02/06/2014 - 21:53 | Link to Comment XitSam
XitSam's picture

Wanna bet? I'll take either side of the bet and then we'll test it out.

Thu, 02/06/2014 - 18:32 | Link to Comment Stoploss
Stoploss's picture

Yep, now the paper holders get torched...

Lots of the con critters hold that worthless shit too.  LOL!!!

Thu, 02/06/2014 - 22:22 | Link to Comment FredFlintstone
FredFlintstone's picture

Let me hear your body talk, body talk.

Thu, 02/06/2014 - 18:03 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

This one is actually shark jumping, over the fucking top, in your face bullshit. Just think, if the blonde bombshell Chilton had not left, he would be her co worker LOL. This is a rub it in our faces, they won so fuck you appointment.

 

In other news, for a number of years instead of counting sheep when I can't sleep I go through the process of imaging political / business / wall street crooks being hanged. Blythe is always part of the lineup.

Thu, 02/06/2014 - 18:27 | Link to Comment James-Morrison
James-Morrison's picture

What's next?

This is like Al Capone for Head of the FBI.

Thu, 02/06/2014 - 18:30 | Link to Comment machineh
machineh's picture

And Khalid Sheikh Mohammed in charge of Homeland Security.

Anything is possible now, my brothers!


Thu, 02/06/2014 - 18:49 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I wanna say something funny, but my first thought is to sell my stack.  Nah, fuck that, these clowns won't live forever.  GOLD, BITCHEZ!

Thu, 02/06/2014 - 19:15 | Link to Comment Canadian Dirtlump
Canadian Dirtlump's picture

perversely the muslim brotherhood is alive and well in DHS LOL.

Thu, 02/06/2014 - 21:55 | Link to Comment XitSam
XitSam's picture

Just wait until Obama "deems" that Hillary is the next prez. For the good of the country of course.  That is only if he doesn't crown himself as emperor.

Thu, 02/06/2014 - 23:53 | Link to Comment Lore
Lore's picture

...Or HOMELAND SECURITY in charge of "homeland security"...

Thu, 02/06/2014 - 18:33 | Link to Comment NoDebt
NoDebt's picture

When they're asking the drug dealers to help clean up the streets because they understand that world better than anyone else, you might start to have an inkling that you've been sold out.

Thu, 02/06/2014 - 18:46 | Link to Comment HardAssets
HardAssets's picture

Corzine to be appointed as Treasury Sec

"WTF - screw the dumb tax & debt serfs" was the explanation.

Thu, 02/06/2014 - 18:50 | Link to Comment Al Capowned
Al Capowned's picture

News just in , I just got offered to be head of the FBI !

Thu, 02/06/2014 - 19:00 | Link to Comment DirkDiggler11
DirkDiggler11's picture

The Boston Strangler running a massage parlor is about on par with this appointment,
You now how i say FUCK YOU to the CFTC ?
I order another Monster Box of ASE's from Gainesville coins and keep on stackin'.

NO, FUCK YOU CFTC ! My STACK IS BIGGER THAN BLYTHE's

Thu, 02/06/2014 - 19:28 | Link to Comment cynicalskeptic
cynicalskeptic's picture

But when their stack of PAPER gold and silver weighs more than your stack of PHYSICAL gold and silver........  (and continues to be worth far more)

 

It's hard to beat TPTB in BIZARROWORLD - God knows they've kept kicking the can down the road longer than I ever thought possible.  Nonetheless, the housing market DID implode, the dotcom market DID eventually blow up.... all bubbles eventually burst and the bigger they get the worse the collapse.  Glad I'm nearing the end of my life 'cause this is going to be really really messy.  Past history says we're in for WWIII or an attempt at totalitarianism followed by a Civil War

Thu, 02/06/2014 - 21:00 | Link to Comment sgorem
sgorem's picture

+1 'SKEPTIC. DITTO HERE........

Thu, 02/06/2014 - 19:27 | Link to Comment WillyGroper
WillyGroper's picture

J. Edgar Hoover & the defense of marriage act. 

 

Fri, 02/07/2014 - 02:12 | Link to Comment SokPOTUS
SokPOTUS's picture

Shark jumping is not prosecuting Jon Corzine because he was formerly a U.S. Senator and Governor; and those folks just don't go to jail (unless you're a little weasel from Illinois and might have the goods on Oblammy)...

This is yanking the shark out of the water and shoving it fin first up our collective asses.

 

Thu, 02/06/2014 - 18:22 | Link to Comment Bokkenrijder
Bokkenrijder's picture

Asking the fox to guard the hen house...

Thu, 02/06/2014 - 18:36 | Link to Comment The Fonz
The Fonz's picture

How is this even possible? It seems like my entire perception of what America is just shifted. This is the most corrupt act I have seen in my country in my lifetime. How can we not fail if these are the choices of those in power?

Thu, 02/06/2014 - 19:15 | Link to Comment Papasmurf
Papasmurf's picture

America has already failed.

 

Fri, 02/07/2014 - 03:04 | Link to Comment BlackChicken
BlackChicken's picture

Papa, America has died; it's like weekend at Bernie's.

Thu, 02/06/2014 - 19:58 | Link to Comment logicalman
logicalman's picture

It's almost as if TPTB are taking the piss - just because they can!

One day (soon, I hope) the bastards will go too far.

Thu, 02/06/2014 - 19:08 | Link to Comment Millivanilli
Millivanilli's picture

The FDA just named Jeffrey Dahmer head of meat inspection.   

Thu, 02/06/2014 - 19:31 | Link to Comment WillyGroper
WillyGroper's picture

John Wayne Gacy appointed to counsel the 400 wayward priests.

Ted Bundy head of womens protective services.

Lizzy Borden to senior care.

Jim Jones to sugar free soft drink division of FDA.

 

Thu, 02/06/2014 - 19:01 | Link to Comment booboo
booboo's picture

Turd Ferguson gonna have a heart attack when he see this.

Thu, 02/06/2014 - 19:02 | Link to Comment BandGap
BandGap's picture

This is a GOOD thing. She is KNOWN, she has a HISTORY, she is not INVISIBLE.

Did anyone one this board really thing this appointment would be anything but what they are witnessing? Please, it is best to KNOW.

Fri, 02/07/2014 - 01:37 | Link to Comment Crash Overide
Crash Overide's picture

Honestly I didn't think they would go that far...  then again has anything made sense lately?

Fri, 02/07/2014 - 02:18 | Link to Comment SokPOTUS
SokPOTUS's picture

No, BeeGee; you're wrong.

This means that they think that they're *so* immune from consequence that they can do *anything* with no blowback.

And why not?  So far, they have endured no consequence.

Thu, 02/06/2014 - 19:18 | Link to Comment ich1baN
ich1baN's picture

Somehow I think the last laugh will be on Blythe and JPM. Just be patient my fellow fighters.

Thu, 02/06/2014 - 19:34 | Link to Comment geologyguy
geologyguy's picture

What a damn shitstorm. 

Thu, 02/06/2014 - 20:00 | Link to Comment Silver Bully
Silver Bully's picture

'OMFG I'M SO SHOCKED'

Someone get me some oxygen, i can't stop laughing at this headline. The Onion can't write this well.

Thu, 02/06/2014 - 20:25 | Link to Comment Hayabusa
Hayabusa's picture

I'm confused.  I'd prefer to simply engage in a barter system and trade goods, PM's, etc., and simply cut the fiat, manipulators, etc., out of the equation.  Screw them!  They only run the monetary system, manipulate commodities, etc., if sheeple allow them to do so.  Cut the middle men out and trade directly with other like-minded individuals.  Hell, I'll take silver and gold for my products/services over fiat anyday of the week.

Thu, 02/06/2014 - 22:55 | Link to Comment Hayabusa
Hayabusa's picture

I'm confused.  I'd prefer to simply engage in a barter system and trade goods, PM's, etc., and simply cut the fiat, manipulators, etc., out of the equation.  Screw them!  They only run the monetary system, manipulate commodities, etc., if sheeple allow them to do so.  Cut the middle men out and trade directly with other like-minded individuals.  Hell, I'll take silver and gold for my products/services over fiat anyday of the week.

Fri, 02/07/2014 - 14:01 | Link to Comment NO SOLICITING
NO SOLICITING's picture

Now, that would be nice.  How is the gubment going to give away all the monies and services to the people if we Bartered? With over 40% not paying taxes, but having the ability to vote, the cycle will continue and even build more momentum.  Why work when the "stuff" is free? Anyone else getting tired of pulling the wagon?

 We have become numb to crazy ideas like said article.  You know "the frog in the pan of water" approach.  That is what is happening. The water is getting hotter and hotter people, and nothing is being done about it. TPTB are testing to see how far the envelope can be pushed.

Keep stackin' my friends.

Fri, 02/07/2014 - 00:03 | Link to Comment The Dunce
The Dunce's picture

Blythe is a cunt.  So why lose any sleep over her.  Word to your mother.

Fri, 02/07/2014 - 02:18 | Link to Comment SokPOTUS
SokPOTUS's picture

Thanks for the C Word.  Someone had to go there.  Are you Blythe's Mom?

Fri, 02/07/2014 - 02:05 | Link to Comment Catalonian Capi...
Catalonian Capitalist's picture

She didn't accept my LinkedIn request. :/ #NoNewFriends :/

Fri, 02/07/2014 - 11:17 | Link to Comment HardAssets
HardAssets's picture

According to Bloomberg this morning (Feb 7), Ms Masters is withdrawing from the CFTC advisory committee - - - but they are putting another JPM bankster in her place.

The 'ZH Effect" ?  

Who knows - - - its possible.

Thu, 02/06/2014 - 17:56 | Link to Comment Xibalba
Xibalba's picture

Is this a joke?

I guess we can say that the Presidents Working Group has 'many hats' 

Thu, 02/06/2014 - 18:04 | Link to Comment Deathrips
Deathrips's picture

Are you fucking Kidding me....??? What the hell.

 

Dont wonder why theres no accountability..its all a lie.

 

RIPS

 

I hope blythes punishment is a team of drunk wild mules on viagra...one can dream! Wouldnt even be close to retribution to watch her get fucked to death.

 

Thu, 02/06/2014 - 18:26 | Link to Comment john39
john39's picture

are certain she wouldn't enjoy that sort of thing?  i mean, after all, these satanists are pretty sick.

Thu, 02/06/2014 - 17:58 | Link to Comment SAT 800
SAT 800's picture

It does seem like a joke. I don't think it's going to create much confidence in the Futures Business. You sure don't need crazy comedy novels anymore; just the news anouncements are frequently breathtaking. I really don't know what to say about this; "It shows very poor judgement", ?

Thu, 02/06/2014 - 18:04 | Link to Comment Uber Vandal
Uber Vandal's picture

What future?

Thu, 02/06/2014 - 18:07 | Link to Comment knukles
knukles's picture

Confidence in the commodities business.

Hah ha ha ha ha ha ha

And to think that 20 years ago we thought it was sketchy...

Fri, 02/07/2014 - 02:06 | Link to Comment SokPOTUS
SokPOTUS's picture

Looks like he's got Workin' Girls now, too...

Thu, 02/06/2014 - 17:54 | Link to Comment Bay of Pigs
Bay of Pigs's picture

Break out the red wig and big floppy shoes...

Thu, 02/06/2014 - 18:01 | Link to Comment kliguy38
kliguy38's picture

no shit......just reminding the peeps they don't give a flying foch what we know or what we think.......

Thu, 02/06/2014 - 18:24 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

They're not even trying to pretend anymore.

Thu, 02/06/2014 - 18:28 | Link to Comment chunga
chunga's picture

I wonder how the Romans felt.

This is so bad it's actually embarassing.

Thu, 02/06/2014 - 19:40 | Link to Comment WillyGroper
WillyGroper's picture

How long before the awakened become unhinged?

Thu, 02/06/2014 - 20:12 | Link to Comment DaddyO
DaddyO's picture

Most of the awakened are already unhinged, this just fuels the swing.

Better go long anything...

DaddyO

Thu, 02/06/2014 - 18:38 | Link to Comment lotsoffun
lotsoffun's picture

did gary gensler ever have lunch with jonnie corzine?  come on.  it's all rigged.

 

Thu, 02/06/2014 - 17:56 | Link to Comment Tsunami Wave
Tsunami Wave's picture

This charade is almost a sight to behold.

Thu, 02/06/2014 - 17:54 | Link to Comment BullyBearish
BullyBearish's picture

Totally Un-Unbelievable

Thu, 02/06/2014 - 17:57 | Link to Comment Doode
Doode's picture

Smart and sexy - what else do you want from CFTC?

Thu, 02/06/2014 - 18:38 | Link to Comment NoDebt
NoDebt's picture

An occasional nod towards something at least masquerading as integrity?

Sorry, I just started laughing uncontrollably after I typed that.

Carry on.

Thu, 02/06/2014 - 17:57 | Link to Comment BeetleBailey
BeetleBailey's picture

Un-be-fucking-lievable.

 

This cunt ought to taken out and shot - then hanged - then stabbed - then strangled - then burned at the stake....

Then thrown off a cliff - still burning

Thu, 02/06/2014 - 21:57 | Link to Comment XitSam
XitSam's picture

You forgot drawn and quartered. And the four parts sent to the corners of the kingdom.

Fri, 02/07/2014 - 00:50 | Link to Comment Al Gorerhythm
Al Gorerhythm's picture

One has to maintain a semblence of civility.

Thu, 02/06/2014 - 17:58 | Link to Comment MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Fuck you Blythe!

Thu, 02/06/2014 - 17:58 | Link to Comment alien-IQ
alien-IQ's picture

jesus fuckin christ...it never ends.

Thu, 02/06/2014 - 18:34 | Link to Comment machineh
machineh's picture

Now you understand what 'the most transparent administration in history' really meant.

Thu, 02/06/2014 - 18:41 | Link to Comment resurger
resurger's picture

facepalm, fuck that bitch!

Fri, 02/07/2014 - 01:45 | Link to Comment Crash Overide
Crash Overide's picture

I mean do you think they are all standing around with their thumbs up each others asses congratulating one another on the job well done...?

I am beginning to think they believe their own bullshit...  oh boy are they in for a rude awakening and their fucking position won't matter this time.

Thu, 02/06/2014 - 17:58 | Link to Comment LawsofPhysics
LawsofPhysics's picture

Oh that's rich.

Thu, 02/06/2014 - 18:13 | Link to Comment MsCreant
MsCreant's picture

She's richer than you.

Thu, 02/06/2014 - 18:32 | Link to Comment nope-1004
nope-1004's picture

She's pure evil. 

Thu, 02/06/2014 - 19:59 | Link to Comment logicalman
logicalman's picture

I'm sure Pure Evil will deny it!

 

Thu, 02/06/2014 - 21:57 | Link to Comment XitSam
XitSam's picture

Blythe gives Pure Evil a good name.

Thu, 02/06/2014 - 18:40 | Link to Comment SilverFish
SilverFish's picture

That's right, Bob. Listen to your friend.

 

 

http://www.youtube.com/watch?v=gbU4VRs2rro

Thu, 02/06/2014 - 17:57 | Link to Comment Bastiat
Bastiat's picture

Derivatits to the rescue!

Thu, 02/06/2014 - 18:09 | Link to Comment Sabibaby
Sabibaby's picture

I hope she gets her head blown off along with those allowing this to happen. 

Thu, 02/06/2014 - 18:01 | Link to Comment paint it red ca...
paint it red call it hell's picture

Now we will get some CFTC action on the rigged precious metals market.

The hole they bury it in will be twice as deep..

Thu, 02/06/2014 - 19:03 | Link to Comment The Gooch
The Gooch's picture

Then, they'll build a museum on top of it and charge admission.

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