Comment Text:
10-005
COMMENT
CL-01112
From:
Sent:
To:
Subject:
M B aken
Saturday, April 10, 2010 5:32 PM
Metals Hearing
CFTC metals hearing
Dear Sir/Ms,,
As a middle class citizen of the United States, I want to thank you for holding hearings about the alleged
corruption involved in the trading of precious metals. On the surface, this issue involved a bunch of
speculators in a commodity market, but I know you realize that the issue is far greater. It concerns the
financial health of the entire country.
I homeschooled my two sons. I remember well when my oldest asked me why the secret service not
only guarded the president but was involved in anti counterfiting activities, I told him that there were 2
ways in which to destroy a nation- wreck the government or destroy the currency. Allowing JP Morgan
and other big banks to dump paper gold while shorting it to allow the Federal Reserve (a private
agency), to print money without checks will destroy our country.
My father fought in WWII, I think of all the people who died so that we could be a country with the
most freedoms in the world. I think about the forced news blackout that was instigated by the big banks
to keep the story of the Comex holding only 1% gold, and I'm scared for my country and my children.
This is an issue of national security- to allow our nation to be destroyed by the will of JP Morgan and
Goldman Sachs for the benefit of 20,000 of so individuals. We were the hope of the world, the
cornerstone of idealism and fairness. These last 10 or so years a cancer of greed has nearly strangled the
government.
In our past we have faced these trying issues, and by some miracle individuals have emerged who loved
their country enough to protect it's freedoms and take huge risks in fighting fraud. Please, say this is still
so. You have the power to act to stop the banks, to save our world reputation, to force the government
to stop printing money (by showing them if they do-the flight will be to gold). Our forefathers set up a
system of checks and balances, gold is a check against the debasement of a currency.
I know I've written far to much, but if you are a mother or father, please consider what this means to our
children. Will they look upon the government with total disdain and possibly everything our nation is
supposed to mean as hypocrisy. For their sake, please, put real limits on the shorts. Let them read in the
history books that the peril that almost broke this country did not come to pass because of people like
you.
Marilyn Baken
