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Comment for Proposed Rule 77 FR 41213

  • From: Laura Schlegel
    Main St Alliance
    Citizen Action

    Comment No: 58717
    Date: 8/28/2012

    Comment Text:

    The financial crisis has taken it's toll on local to global socioeconomics, our food, water, air, U.S., as a nation, our communities, our family, friends and ourselves. I never again want our tax dollars to bail out record untaxed profiteering, toxic producing corporations and Wall Street banks for their unconscionable “no matter what I win, no matter what you lose, yet you must subsidize us while your country gets defunded and you get cut even more”, self regulating free to exploit labor, environment and economy!

    Our homes, retirement, productivity and tax base has been gambled away and hemorrhaged off shore for decades now! Any safety nets we have left, are under constant threat of being demonized, defunded, and 'privatized'. It's clear whom is profiteering and the masses that are suffering. Personally, I am literally sickened, as I have no idea from one month to the next, how I am to survive or what to tell my teenage son. History to present day has taught us ad nauseam, to 'Never Forget' the inhumane factors that yield the sociopathy of socioeconomic and environmental exploitation.

    We must get rid of the loopholes that empower multinational, and perhaps thousands of affiliates, to be beyond humane governance, fair tax, trade and environmental regulation, for everyone's sanity and sustainability. Your proposal regarding Dodd-Frank cross border application shows that you understand the dire unfolding global and generational consequences without it. Global markets are still clearly at great risk, with transfers around the world, at the touch of a button. Effective oversight, for hundreds of trillions in 'toxic asset' derivatives, in the local to global market, is urgently needed for vital reform.

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