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Comment for Proposed Rule 76 FR 4752

  • From: Scott Houde
    Organization(s):
    Scott Houde

    Comment No: 35311
    Date: 3/31/2011

    Comment Text:

    I am just one of millions of average main street Amercians wondering where did our America go. The thought of placing the need to feed greed over everyday Americans need to feed their children is beyond comprehension.

    I have thought about creating a non-profit relocation business to move all average Americans to another country where they are valued and have a decent chance at a good life. That promise of the Amercian Dream has been bought, packaged and sold by Corporate American, Big Government and Wall Street.

    On behalf of soon to be millions of American expatriates....Good-Bye!!!

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    I urge you to curb excessive gambling in commodities markets like food and oil.

    While many factors contribute to today’s highly volatile commodity prices, it is clear that excessive speculation is partially responsible, as shown in dozens of studies by respected institutions such as Princeton, MIT, Petersen Institute, University of London, Yale, the United Nations and the U.S. Senate.

    Speculation thus imposes financial hardships on families around the country. Sudden rises in gas and food prices force us to make difficult decisions and sacrifices. Especially right now, with so many families struggling, and unemployment barely beginning to decrease, we cannot allow speculators to unduly affect our food and gas prices.

    Please put in place effective position limits rules, and do not allow them to be undermined by exemptions or exceptions, or allow Wall Street gamblers to escape them.

    Thank you for your consideration.

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