Comment Text:
10-002
COMMENT
CL-01182
From:
Sent:
To:
Subject:
[email protected]
Friday, April 9, 2010 1:53 PM
secretary
APPROVE the Proposed Federal Speculative Position Limits!
Jane Cone
909 8th Ave. SW
Ruskin, FL 33570-4515
April 9, 2010
CFTC Comments
Dear CFTC Comments:
I am writing in support of the CFTC's Proposed Federal Speculative
Position Limits that will reestablish speculative position limits on maj or
energy commodities. This rule will provide stability to the marketplace
and help prevent future price bubbles. The CFTC must quickly approve a
strong rule to protect America's struggling economy.
The Commission's name leads me to believe that it
might actually be expected to regulate speculative trading--at what point
were you going to start? Or are you a servant of Wall Street's elite? I
am finding my tax dollars are routed to agencies and commissions that have
no accountability to we, the people. When I say "we, the people," I'm not
talking about the 5% which owns 95% of the wealth. I'm talking about
myself, and 320 million other citizens--we are the 95% of the people who
own only 5% of the wealth in this country. For us, it appears that not
only do we have only 5% of the wealth in this country, we also get only 5%
of the representation from government.
I
encourage the CFTC to adopt the Proposed Federal Speculative Position
Limits before volatile fuel prices further harm the country's already
weakened economy.
Sincerely,
Jane Cone
