Comment Text:
i0-001
COMMENT
CL-00019
From:
Sent:
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Subject:
[email protected]
Thursday, January 14, 2010 3:27 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Thursday, January 14, 2010 at 15:26:31
commenter_subject: Proposed Forex Legislation under "Farm Bill"
commenter_comments: This piece of legislation would be disastrous to
not only the current economic recovery, but to
future economic health as well. This proposal is
"veiled" as big brother trying to look out for the
safety of the common by protecting him from himself
and the "evil" traders and Forex hedge funds.
Nothing could be further from the truth. Investing
in general, is a risk based activity. One embarks
in an investment arena with great volatility for
the sole purpose of high rewards. It is an OBVIOUS
inherent danger that along with the opportunity for
great returns, comes GREAT risk as well. If the
Obama administration and this Congress wants
everyone to operate on the same level playing
field, they can resign and try to lead in a
communist or socialist regime. However, under our
great capitialist market economy...people should be
allowed to choose their level of investment risk,
along with the possibility of the utilization of AT
LEAST a maximum limit of 100-1 leverage in their
FOREX accounts, just as they are allowed to choose
which religion they want to follow or what level of
education they desire. Limiting people's ability to
accumulate wealth is not going to turn this economy
around. If the government wants to intervene to
help our current economic state, it would be best
served by creating MORE opportunities for the
average person to become wealthy...not by placing
restrictions and limitations upon them.
commenter_name: Aaron Aitchison
commenter_addressl: 15715 Covewood Circle
commenter_city: Dallas
commenter_state: Texas
commenter_zip: 75248
commenter_phone: 972-697-5072
