Comment Text:
10-002
COMMENT
CL-01309
From:
Sent:
To:
Subject:
[email protected]
Sunday, April 11, 2010 3:03 AM
secretary
Proposed Federal Speculative Position Limits
William Davis
129 Wittenberg Road
Bearsville, NY 12409-5627
April 11, 2010
CFTC Comments
Dear CFTC Comments:
I am writing in support of the CFTC's Proposed Federal Speculative
Position Limits that will reestablish speculative position limits on maj or
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. I'll never
forget paying almost 5/gallon because of that profiteering jerk Dick
Cheney.
Our tax dollars were used to bail out corrupt and fascist 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. These corporations should have been nationalized and
their executives j ailed!
I encourage the CFTC to adopt the Proposed Federal Speculative Position
Limits before volatile fuel prices further harm the country's already
weakened economy.
DEATH TO THE CORPORATOCRACY! Jail for the thieving suits!
Sincerely,
William Davis
8456794678
