In psychology, Stockholm syndrome is a term used to describe a paradoxical psychological phenomenon wherein hostages express empathy and have positive feelings towards their captors. These feelings are generally considered irrational in light of the danger or risk endured by the victims, who essentially mistake a lack of abuse from their captors as an act of kindness. The FBI’s Hostage Barricade Database System shows that roughly 27% of victims show evidence of Stockholm syndrome LINKNow read this excerpt from Butler's latest public posting:
As you know, I have put Gensler on a pedestal, repeatedly referring to him as the greatest chairman in CFTC history. Considering my past experiences with the agency, I still marvel at my transformation. I think he has done more than anyone ever to reform commodity regulation, including working diligently, although very quietly, to end the silver manipulation LINKNow, given everything about the extreme illegal manipulation of the silver market that goes on pretty much daily, and given that the CFTC has continually, and with full knowledge of all the data supporting the manipulation claims, looked the other way, I would say that Ted Butler has become a metaphorical prisoner of his own desire for reform and thus suffers from a form of Stockholm Syndrome.
I couldn't care less about this other than the fact that Butler's work is read by many globally, and now many pay to read his proprietary wisdom. I sincerely hope that those multitudes have the understanding and awareness of the facts to overlook this aspect of Butler's otherwise brilliant body of work.