I'm going to include some additional links in the summary, as this part of the Bankster Fleecing Seeds hits us deep in our pocketbooks.
When Commodities are being manipulated to drive prices up, there's no way it's NOT bad, but when the price of oil, already being manipulated by OPEC is among those commodities, we should have a problem. Mr Learsy also has been following this for a while. Here are a couple of links that will take you deeper into all this:
It's becoming clear there's no corruption too big for the Banksters to pull and the Fed has been a willing conduit and supporter of their various schemes.
We actually have laws to cover this, but evidently, someone is asleep at the switch. As Learsy puts it:
Dodd-Frank imposes Volcker Rule limitations on proprietary trading of derivatives such as futures contracts for oil, copper, grain and on, so the banks go one step deeper and make an end run to avert oversight. They forgo derivative instruments and trade in the physical product.
In a normal world it would all make sense, but in this world of Wall Street hegemony over our lives and economy it becomes another scheme to rip off Main Street and everyone's wallet, Further, adding insult to injury, it presumes we are all dotes and that our government and our oversight agencies are asleep at the switch or worse."