Comment Text:
10-002
COIMMENT
CL-01066
From:
Sent:
To:
Subject:
annette@j ourneyintowholeness.org
Thursday, April 8, 2010 6:28 PM
secretary
Proposed Federal Speculative Position Limits
Annette Cullipher
800 Stillpoint Way
Balsam Grove, NC 28708-9657
April 8, 2010
CFTC Comments
Dear CFTC Comments:
I strongly support the CFTC's Proposed Federal Speculative Position Limits
that will reestablish speculative position limits on major energy
commodities. This rule will provide stability to the marketplace and help
prevent future price bubbles. The CFTC must quickly approve a strong rule
to protect America's struggling economy.
Wall Street's speculative trading in oil not only hurts the economy, but
hurts every American who pays excessive prices at the pump, for groceries,
home heating oil and everything related to transportation.
Our tax dollars were used to bail out large Wall Street firms when they
were on the brink of bankruptcy. It is these same institutions who gamble
on oil and who continue to profit at every American's expense.
Sincerely,
Annette Cullipher
828-877 -4448
