Comment Text:
I go to work and I go to church and I am spending at least $60 of my paycheck in gas and more in groceries. I can't afford to continue. I urge you to curb excessive gambling in commodities markets like food and oil.
Excessive speculation is partially responsible to today’s highly volatile commodity prices, as shown in dozens of studies by respected institutions such as Princeton, MIT, Petersen Institute, University of London, Yale, the United Nations and the U.S. Senate.
Speculation thus imposes financial hardships on families around the country and is posing a hardship on my family. Sudden rises in gas and food prices force us to make difficult decisions and sacrifices. Especially right now, with so many families struggling, and unemployment barely beginning to decrease (or so I'm told), we have to stop speculators from unduly affecting our food and gas prices.
Please put in place EFFECTIVE position limits rules, and do not allow them to be undermined by exemptions or exceptions, or allow Wall Street gamblers to escape them.
Thank you for your consideration.
