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Comment for General CFTC Public Roundtable Discussion on Dodd-Frank Implementation

  • From: tom na
    Organization(s):
    non

    Comment No: 42440
    Date: 5/5/2011

    Comment Text:

    I am retired and my way of dealing with high gas price is I just don't buy it. I don't go anywhere or do anything beyond what I have to. I do not support any other aspects of the economy other than the what is needed to live. If my disposable income is disproportionately taken by high fuel the economy gets nothing added by me. I have spent $60 in the last month and a half

    So you see, the oil speculators are doing nothing to serve the economy other than for the greed of a few wealthy. I do not believe the lies of why oil is artificially raised. In fact the supply of oil is so high Saudi Arabia cut back.

    Short term high fuel cost does nothing to improve the economy and long term it's being destroyed. So go ahead, take it now. The day will come when oil is regulated by the federal government or no one will buy it because they just can't afford it.

    If food, fuel and utilities takes all our money...what other consumable will be bought?

    Artificially inflated commodities = economic ruin.

    If I have to pay as much as I do to live here, I might as well move to a better location.

    I'm seriously looking at a location in central America....then bye bye to the commodity thieves and the rip off taxes of the government.

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