Comment Text:
To the board: Concerning your implementation of limits of Large Hedge funds in Ag. and Fuel commodities, one thing that i am wondering is how you will restrict offshore trading. Can and will this Global money simply move offshore to conduct there business elswere?
I find it dishearting that these large pools of money, have found it easier to speculate in paper , than to actually invest in job creating research and on the ground investments. The only jobs this money is creating is at a few large hedge funds. This is what has happened to a country that lifted itself to world dominence.
The lack of diversification of assests in this country will eventually lead to large political proplems, if a few people in charge of regulating these large pools of money , do not see what is to happen, they need to take a trip out of Washington and see what has happened to the people they are supposed to be representing. You now see small banks (that or the only ones) , that create real jobs and stimulate small economies around the US , reluctant to lend. The unregulted waves of cash in a few peoples hands has created fear , even in these banks eyes.
Regards
Kim R. Banning
good job Bart
