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Comment for Proposed Rule 76 FR 4752

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

    Comment No: 33300
    Date: 3/27/2011

    Comment Text:

    Hello, allow me to introduce myself. My name is Darlene Todd. I am utterly "shocked" to see our gas prices rise AGAIN. I personally drive over 1,000 miles a month in communting back and forth to work. I am currently studying to obtain my real estate's license in a state that is already "doom and gloom" because of the housing market, and lately cost of gasoline prices sky rocketing. My family feels the effect in the price of gasoline. It is time to STOP THE BLEEDING!!! and be heard!!!

    I urge you to curb the 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 to blame as shown in dozens of studies by respected instituions such as Princeton, MIT, Petersen Institute, Yale, the United Nations, and of course 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 HUGE sacrifices. Especially right now, with so many families struggling, (as I am one of those families) unemployment is barely beginning to decrease, we cannot allow speculators to unduly affect our food and gas prices.

    We NEED, not just want, we NEED to have in place effective position limit rules, and do not allow them to be undermined by exemptions or exceptions, OR allow Wall Street gamblers to escape them. You guys are going from bad to worse!!. We cannot afford a repeat of the 2008 food and gas price increase. This has got to STOP.......NOW!!

    Thank you for your consideration.

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