Comment Text:
Brad Duggar
[email protected]
----- Forwarded Message -----
From: Brad Duggar
To: "[email protected]"
Sent: Tuesday, September 27, 2011 5:53 PM
Subject:
It amazes me that after the financial meltdown, that the futures market has not seen some new regulation/reform to stop speculators. I know some politicians want to say regulations stifle businesses, but this is not, nor should it be deemed, a legitimate business practice. These scum bags do not help our economy but profit off of higher commodity prices in the market that they create. Meanwhile hard working Americans suffer through the higher prices. It is speculators that contributed to the bubble in the housing market. And eventually it's crash. Please stop these speculators from interfering with the price of food, energy and other commodities. Make it a law that if you are not a corporation involved in the buying or selling of these products you can not buy futures for these products. Or maybe some kind of position limits or other kind of regulation that will prevent this injustice. Quit listening to the lobbyists and listen to the people of America. Don't believe their lies that they actually contribute anything of value to the market or economy in general. Time to close a loophole for lazy people to make a fast buck. Hey at the same time maybe it will give Americans a little more money that they can spend in other ways. Thank you.
Brad Duggar
[email protected]
