Speculators in the News Again

The CFTC is being pressured by the US Congress to stop the evil Speculators. The solution to the problem is the same solution that would have defused the Housing Bubble. RAISE margin requirements. If the FED or Treasury or whoever oversees US Financial institutions should have increased down payment requirements instead of letting the no doc, 0% down mortgages. Now the CFTC should jack up margin requirements on all commodity contracts. Allowing too much credit in any mkt distorts the fundamentals of the mkt. JACK up margin and reserve requirements. Funny enough, aren' t the Chinese doing this.