Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 76 FR 4752

  • From: Terrence A Delgado
    Organization(s):
    Terrence A Delgado

    Comment No: 32719
    Date: 3/25/2011

    Comment Text:

    I am Terrence Delgado, I am on Social Security I , and others like me feels the effects of every increase in the price of gas.Higher costs for food, clothing and all consumer goods. there has not been a cost of living increse in two years.
    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. Try living on $900.00 when you have rent and utilities to pay

    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 es e them.

    Thank you for your consideration.

Edit
No records to display.