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Comment for Proposed Rule 75 FR 4143

  • From: Cheryl Mullins
    Organization(s):

    Comment No: 15952
    Date: 4/13/2010

    Comment Text:

    10-002
    COMMENT
    CL-06952
    From:
    Sent:
    To:
    Subject:
    cherylmullins65 @ymail.
    corn
    Tuesday, April
    13, 2010 11:23 AM
    secretary

    Proposed Speculative Position Limits on Energy
    Cheryl Mullins
    7628 Shady Grove Rd
    Morrison, TN 37357-3066
    April 13, 2010
    David Stawick
    Secretary, Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street, NW
    Washington, DC 20581
    Dear Mr. Stawick:
    This is not just another "form letter". I feel strongly about oil
    speculation and need your support on the CFTC's Proposed Federal
    Speculative Position Limits. You know it will limit speculation on major
    energy commodities, so I won't bore you with all the details. Just know
    that "We the People" need it, the economy needs, and adopt the limits
    without delay.
    I am an unemployed American and we unemployed Americans need all the help
    and support a strong economy will give us. We don't need the government
    "creating" phantom jobs. We need to shore up the economy which will then
    lead to the creation of real jobs and get us back on track.
    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 that
    pushed the price of gasoline well past $4 per gallon in 2008 by gambling
    on oil and continue to profit at every American's expense.
    I encourage the CFTC to adopt the Proposed Federal Speculative Position
    Limits before volatile fuel prices further harm the country's already
    weakened economy.
    Sincerely,
    Cheryl Mullins
    931-273-7483