Comment Text:
10-002
COMMENT
CL-07112
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 13, 2010 12:39 PM
secretary
Proposed Federal Speculative Position Limits
barbara Wank
336 North Christian Street
Lancaster, PA 17602-4902
April
13, 2010
CFTC Comments
Dear CFTC Comments:
Talking Points
Click the red arrow to select any of the following text for inclusion in
your message. I am writing in support of the CFTC's Proposed Federal
Speculative Position Limits that will reestablish speculative position
limits on major 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.
Wall Street's speculative trading in oil not only hurts the economy, but
hurts every American who pays excessive prices at the pump, for groceries,
home heating oil and everything related to transportation. Our tax dollars
were used to bail out large Wall Street firms when they were on the brink
of bankruptcy. It is these same institutions who gamble on oil and who
continue to profit at every American's expense. I encourage the CFTC to
adopt the Proposed Federal Speculative Position Limits before volatile
fuel prices further harm the country's already weakened economy.
Yours sincerely,
Barbara Wank
Sincerely,
solomon Wank
