Comment Text:
My name is Joelle Sumski, and I live 20 miles from the nearest city -- well, town really. My grandsons attend school about 25 miles away. Either my daughter or I have to make that 50- mile round trip at least twice a day, and sometimes three times for school drop off and pick up, as well as after-school activities and normal town errands. We both drive SUVs, though mine is a diesel; filling each of them is at least $70 a pop -- that's way too much!!!
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.
Joelle Sumski
