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Comment for Proposed Rule 76 FR 4752

  • From: Darlene Yamrose
    Organization(s):
    Darlene Yamrose

    Comment No: 32412
    Date: 3/25/2011

    Comment Text:

    I am Darlene Yamrose, and I have a 20 minute drive to and from work. I can only work part-time as I am disabled and on Social Security --I try to do what I can. Gas prices are a large expense for me now, so I urge you to curb excessive gambling in commodities markets like food and oil.

    While many factors contribute to today’s highly volatile commodity prices, it is clear that excessive speculation is partially responsible, 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. 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, we cannot allow speculators to unduly affect 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. I am trying to do what I can to make a living - please do what you can. People do not need extra financial burdens for this kind of frivolous behavior.

    Thank you for your consideration.

    Darlene M. Yamrose

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