Comment Text:
10-002
COMMENT
CL-00058
From:
Sent:
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Subject:
[email protected]
Thursday, February 18, 2010 1:27 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Thursday, February 18, 2010 at 13:27:13
commenter_subject: Proposed limits on energy futures contracts
commenter_frdate: 1/26/10
commenter_frpage: 75FR4143
- the
- the
- the
- the
- the
money
folks)
- the
commenter_comments: The CFTC proposals do not go far enough. Oil and
gas need to be taken off the commodity exchange
entirely and the price drastically lowered to a
fixed price which accurately reflects its actual
cost, something which is not now the case.
Ever since the thugs in the OPEC cartel first
grabbed the oil-consuming nations by the throat in
1973-74 there has occurred the largest transfer of
wealth in recorded history and we have all rolled
over and played dead for it. Not one Administration
has had the guts to stand up to these thugs.
Our oil money has been used to fund every
terrorist organization emanating from the Middle
East since the 1970s. To refresh some memories as
to just some of what our oil money has funded:
- the 444-day Iranian hostage outrage
- the Beirut horror show of the 1980s
-
numerous commercial airplane hijackings
- the Pan Am 103 mass murder
1993 attack on the World Trade Center
Khobar Towers bombing
attacks on our embassies in East Africa
attack on the Cole
September 11, 2001 atrocities (our oil
paid for those Florida flight school lessons,
slaughter in Bali
- the many lone suicide bombers throughout the
Middle East
-
the training and equiping of the would-be
killer in the close call of December 25, 2009
- Iran's nuclear program
- etc., etc.
You get the idea (I hope).
As the saying went in the Watergate
investigation - follow the money.
Adding more larceny to the picture, a handful of
traders on a commodities exchange floor have handed
our enemies even more of the world's money. This
has been done under the guise of the "market". In a
properly functioning
"market", price reflects cost. Well, it takes less
than $20 for the domestic oil producers to break
even on a barrel of oil, about $5 for the Persian10-002
COMMENT
CL-00058
Gulf nations to break even. $70, $80 (remember
$150?) for a $20/$5 product when supply far exceeds
demand is not the "market"; it's a criminal
conspiracy and one which continues to endanger our
national security. If the above does not constitute
providing material support to terrorist
organizations, I don't know what would. It is time
to haul these traders and speculators up before a
federal grand jury (Eric Holder, call your office).
It makes no sense that a small group of traders
and speculators can force the entire human race to,
in effect, fund its own destruction while enriching
themselves.
commenter_name: Richard Patterson
commenter_withhold_address_on: ON
commenter_addressl: 15058 Fern Loop
commenter_city: Harrison
commenter_state: ID
commenter_zip: 83833
