Comment Text:
My name is Robin Vosburg. I frequently provide transportation for 2 of my grandsons, both of whom have Autistic disorders and neither of whom drive. One of them lives with me, and every day we feel the effects of speculation upon the necessities of our lives.
If gas prices continue to rise, one of my grandsons will have to choose between golfing for Special Olympics, which he loves, and buying food -- the cost of which is also rising to levels which will soon put basic commodities out of our financial reach.
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.
Thank you for your consideration.
